2026 townhouse for sale at 708 Prairie Lane SW in Alexandria, MN — 3 bed, 2 bath (photo 1 of 2)

708 Prairie Lane SW — Townhouse, Alexandria, MN 56308

3 Beds | 2 Baths | 1,585 Sq Ft | Townhouse | MLS# 7147547

$349,000

Is 708 Prairie Lane SW a Good Deal?

BuyPulse Verdict

Strong Value

At $220/sqft — This home is priced 13% below the typical Alexandria new-construction townhome of $253/sqft.

New construction in Alexandria runs about 25% above comparable resale homes (~$203/sqft).

Your Negotiating Position

40 — Seller-leaning market

Day 4 — Alexandria homes overall typically go under contract by day ~17, so this one is early in its window.

6 similar homes for sale — alternatives if they won't move.

New build — builders rarely cut price. Your leverage is upgrades, rate buydowns, and closing costs.

Powered by the Realgorithm™ — 8 active Alexandria listings · NorthstarMLS

$2,069/month Estimated

Principal & interest
$1,765
Property taxes
$0
Home insurance (est.)
$204
HOA dues
$100/mo

20% down ($69,800) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Alexandria, MN Active

About This Home

Currently under construction. 2026 One Level 1585 sq ft, Patio Home and end unit. 3 bedrooms, 2 bath, 2 car garage. This new home features vaulted ceilings, kitchen center island, LVP flooring, maintance free vinyl siding, walk in pantry, primary suite has 3/4 bath with dual sinks and walk in shower.

BuyPulse™ — Live Market Read

Homes like this one — townhomes between $262K and $436K in Alexandria:

  • The field: 6 similar Alexandria homes for sale — a short list right now.

Powered by the Realgorithm™ — real Alexandria closings, zero guesses · NorthstarMLS

Key Features

Property Type
(TH) Side x Side
Year Built
2026
Above Grade
1,585 sq ft
Lot Size
0.07 acres
Garage
2-car attached (Attached Garage, Asphalt)
Heating
Forced Air
Cooling
Central Air
Sewer
City Sewer/Connected
Water
City Water/Connected
HOA
$100/Monthly (includes Lawn Care, Snow Removal)
Annual Taxes
$1
County
Douglas
Days on Market
4

708 Prairie Lane SW is listed in Alexandria, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 708 Prairie Lane SW

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Alexandria real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

Listed by ERA Viking Realty · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7147547 · Data refreshed September 22, 2026

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Frequently Asked Questions About 708 Prairie Lane SW

Is $349,000 a good price for a home in Alexandria?
According to BuyPulse, 708 Prairie Lane SW rates Strong Value — at $220/sqft it's priced 13% below the typical Alexandria new-construction townhome of $253/sqft. New construction in Alexandria runs about 25% above comparable resale homes (~$203/sqft). Its negotiating-position score is 40/100 (Seller-leaning market), weighed on days on market, comparable inventory, and how Alexandria homes are closing versus list. Powered by the Realgorithm™. Browse Alexandria homes for sale to compare.
Does 708 Prairie Lane SW have an HOA?
Yes, 708 Prairie Lane SW has a homeowners association with dues of $100 monthly. HOA includes: Lawn Care, Snow Removal.
What type of heating and cooling does 708 Prairie Lane SW have?
708 Prairie Lane SW has Forced Air heating and Central Air cooling.
Where is 708 Prairie Lane SW located?
708 Prairie Lane SW is in Alexandria, MN 56308, in Douglas County.
Is 708 Prairie Lane SW still available?
Yes — 708 Prairie Lane SW is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 708 Prairie Lane SW built?
708 Prairie Lane SW was built in 2026 by Josh Anderson Construction. It features an asphalt roof and a slab foundation. See more homes by Josh Anderson Construction →
How many homes like 708 Prairie Lane SW are for sale in Alexandria?
6 similar homes (townhomes between $262K and $436K in Alexandria) are for sale right now — a short list right now.
What does "BuyPulse" mean?
BuyPulse is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
What does "Realgorithm™" mean?
The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.

Local Companies to Help You Settle In

From inspection to closing to moving day, here are well-known local companies serving the Alexandria area.