403 Richwood Road, Detroit Lakes, MN 56501
5 Beds | 3 Baths | 2,392 Sq Ft | Single Family Home | MLS# 7146854
Is 403 Richwood Road a Good Deal?
BuyPulse Verdict
Excellent Value
At $146/sqft — This home is priced 37% below the typical Detroit Lakes single-family home of $232/sqft.
Your Negotiating Position
72 — Strong buyer leverage
Day 25 — Detroit Lakes homes overall typically go under contract by day ~20. This one is past that window.
45% of recent sales closed at or over asking — about half hold full price.
43 similar homes for sale — alternatives if they won't move.
Powered by the Realgorithm™ — 105 active Detroit Lakes listings · NorthstarMLS
$2,217/month Estimated
- Principal & interest
- $1,769
- Property taxes
- $244
- Home insurance (est.)
- $204
- HOA dues
- None
20% down ($69,980) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Lake 1st Add, Detroit Lakes, MN.
About This Home
A second full living space on the walk-out lower level gives this 5 bedroom, 3 bathroom rambler the flexibility today’s buyers are searching for. Step inside to a bright front living room with a bay window that fills the space with natural light and flows into the updated kitchen featuring stainless steel appliances and an adjoining dining area. The main floor primary suite includes a walk-in closet and 3/4 bath, with convenient main level laundry nearby. A large sun room offers extra space to relax year-round and overlooks the backyard. Downstairs, the finished walk-out lower level is set up for multi-generational living or rental potential with its own kitchen, dining area, family room, 2 bedrooms, and updated 3/4 bath. Outside, enjoy a deck and patio area ideal for entertaining or quiet evenings outdoors, while the established perennial garden in the front yard brings seasonal color and welcoming curb appeal throughout the warmer months.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $262K and $437K in Detroit Lakes:
- The field: 43 similar Detroit Lakes homes for sale — you have options.
- Negotiation: 45% of the last 29 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 29 real Detroit Lakes closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1964
- Garage
- 2-Car Attached
- Style
- Two
- HOA
- None
- Annual Taxes
- $2,924 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,560
- Below Grade Sq Ft
- 832
- Lot Size
- 0.31 acres
- Basement
- Yes
- Roof
- Age Over 8 Years, Asphalt
- Construction
- Concrete
- County
- Becker
- List Date
- 2026-09-17
- Days on Market
- 25 days
- Parcel ID
- 491699000
Financial
- Total Tax incl. Assessments
- $2,924
Home Systems & Utilities
- Heating
- Baseboard, Forced Air
- Cooling
- Central Air
- Electric
- Circuit Breakers
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Interior Features
- Laundry
- Main Level
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 832 sqft
- Total Building Area
- 2,392 sqft
Exterior Features
- Exterior Features
- Metal
- Accessibility Features
- Grab Bars In Bathroom, Stair Chair Lift, Soaking Tub
Parking & Garage
- Parking Features
- Attached Garage, Concrete, Finished Garage, Heated Garage, Insulated Garage, Storage
Lot & Land
- Road Surface
- City Street
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Kris Lindahl Real Estate
Price History
Listed at $349,900 on Sep 17, 2026 — No price changes
403 Richwood Road is listed in Detroit Lakes, MN, part of Becker County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 403 Richwood Road
Associate Broker · Modern Market REALTORS®
Your Detroit Lakes real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Kris Lindahl Real Estate · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7146854 · Data refreshed September 19, 2026
Similar Homes for Sale Near 403 Richwood Road, Detroit Lakes, MN
Frequently Asked Questions About 403 Richwood Road
- Is $349,900 a good price for a home in Detroit Lakes?
- According to BuyPulse, 403 Richwood Road rates Excellent Value — at $146/sqft it's priced 37% below the typical Detroit Lakes single-family home of $232/sqft. Its negotiating-position score is 72/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Detroit Lakes homes are closing versus list. Powered by the Realgorithm™. Browse Detroit Lakes homes for sale to compare.
- Does 403 Richwood Road have a basement?
- Yes, 403 Richwood Road has a finished basement with 832 sq ft of below-grade space.
- What type of heating and cooling does 403 Richwood Road have?
- 403 Richwood Road has Baseboard, Forced Air heating and Central Air cooling.
- Where is 403 Richwood Road located?
- 403 Richwood Road is in the Lake neighborhood of Detroit Lakes, MN 56501, in Becker County.
- Is 403 Richwood Road still available?
- Yes — 403 Richwood Road is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 403 Richwood Road built?
- 403 Richwood Road was built in 1964. It features concrete construction and a block foundation.
- Does 403 Richwood Road have main-floor laundry?
- Yes — the laundry at 403 Richwood Road is on the main level.
- How walkable is 403 Richwood Road?
- 403 Richwood Road has a Walk Score of 26/100 (Car-Dependent) and a Bike Score of 53/100 (Somewhat Bikeable). Scores provided by Walk Score® →
- How many homes like 403 Richwood Road are for sale in Detroit Lakes?
- 43 similar homes (single-family homes between $262K and $437K in Detroit Lakes) are for sale right now — you have options.
- Do homes in Detroit Lakes sell for asking price?
- 45% of the last 29 comparable Detroit Lakes sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
- 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 Detroit Lakes area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 1:17 AM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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