Is $180,000 a good price for a home in Fergus Falls?

According to BuyPulse, 113 W Bancroft Avenue rates Excellent Value — at $123/sqft it's priced 15% below the typical Fergus Falls single-family home of $145/sqft. Its negotiating-position score is 70/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Fergus Falls homes are closing versus list. Powered by the Realgorithm™.

What are the special assessments at 113 W Bancroft Avenue — and what do they mean?

This property has $453/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $1,766.66/yr. Always factor both into your total monthly housing cost before making an offer.

Does 113 W Bancroft Avenue have a basement?

Yes, 113 W Bancroft Avenue has a basement with 150 sq ft of below-grade space.

What type of heating and cooling does 113 W Bancroft Avenue have?

113 W Bancroft Avenue has Forced Air heating and Central Air cooling.

Where is 113 W Bancroft Avenue located?

113 W Bancroft Avenue is in the Finkle & Whites neighborhood of Fergus Falls, MN 56537, in Otter Tail County.

Is 113 W Bancroft Avenue still available?

Yes — 113 W Bancroft Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.

When was 113 W Bancroft Avenue built?

113 W Bancroft Avenue was built in 1890. It features an asphalt roof and a poured concrete, stone foundation.

How many homes like 113 W Bancroft Avenue are for sale in Fergus Falls?

22 similar homes (single-family homes between $135K and $225K in Fergus Falls) are for sale right now — you have options.

How fast do homes like 113 W Bancroft Avenue sell in Fergus Falls?

Homes like this one (single-family homes between $135K and $225K in Fergus Falls) went pending in a median 18 days over the last 90 days — 0 of the last 8 went under contract within 4 days.

Do homes in Fergus Falls sell for asking price?

63% of the last 19 comparable Fergus Falls sales closed at or over list price — Fergus Falls doesn't discount. Based on real NorthstarMLS closings, not estimates.

What does "M Markdowns" mean?

M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.

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.

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 1 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 2 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 3 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 4 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 5 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 6 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 7 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 8 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 9 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 10 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 11 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 12 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 13 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 14 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 15 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 16 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 17 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 18 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 19 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 20 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 21 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 22 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 23 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 24 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 25 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 26 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 27 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 28 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 29 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 30 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 31 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 32 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 33 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 34 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 35 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 36 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 37 of 38)

1890 single family home for sale at 113 W Bancroft Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 38 of 38)

113 W Bancroft Avenue, Fergus Falls, MN 56537

3 Beds | 2 Baths | 1,465 Sq Ft | Single Family Home | MLS# 7143412

Price Reduced — was $185,000 (↓ $5,000) · M Markdowns

$180,000

$1,271/month Estimated

Principal & interest: $981
Property taxes: $147
Home insurance (est.): $105
Special assessments: $38
HOA dues: None

20% down ($36,000) · 30-yr fixed, 7.24%

Try our home affordability calculator

Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.

Fergus Falls, MN Active

Located in Finkle & Whites Add, Fergus Falls, MN.

About This Home

Welcome to 113 W. Bancroft Ave in Fergus Falls, a charming 3-bedroom, 1.5-bathroom home offering plenty of comfortable living space. This property blends classic character with practical updates and everyday functionality. The inviting kitchen features an abundance of cabinetry and counter space, a convenient dining area, and plenty of natural light. Throughout the home, you'll find character-filled details and classic trim that create a warm and welcoming atmosphere. Outside, mature trees and established landscaping provide a beautiful setting with plenty of room to enjoy the spacious lot. If you're looking for a home with character, comfortable living space, and a great Fergus Falls location, 113 W. Bancroft Ave is worth seeing!

BuyPulse · Live market read

How 113 W Bancroft Avenue Compares to the Fergus Falls Market

At $123/sqft, this home is priced $22/sqft below the typical Fergus Falls single-family home of $145/sqft.

The median list price in Fergus Falls is $249,900.

Verdict: Excellent Value

Your negotiating position

70 Strong buyer leverage

Seller's market · Balanced · Buyer leverage

Day 53 — similar homes typically go under contract by day ~18. This one is past that window.

63% of recent sales closed at or over asking — Fergus Falls sellers rarely discount.

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

This seller already cut $5,000 — the asking price has already moved.

Homes like this one — single-family homes between $135K and $225K in Fergus Falls:

The field: 22 similar Fergus Falls homes for sale — you have options.
Tempo: homes like this went pending in a median 18 days — 0 of the last 8 inside 4 days.
Negotiation: 63% of the last 19 sales here closed at or over list — Fergus Falls doesn't discount.
Price cuts: 9 of 22 similar homes have trimmed asking — median trim $10,000. This one already cut $5,000.

Key Features

Built: 1890
Garage: 1-Car Detached
Style: Two
HOA: None
Annual Taxes: $1,766.66 (2026)
Specials/yr: $453

Property Details

Property Type: Single Family
Above Grade Sq Ft: 1,315
Below Grade Sq Ft: 150
Lot Size: 9,365 sqft
Basement: Yes
Roof: Asphalt
County: Otter Tail
List Date: 2026-09-12
Days on Market: 53 days
Parcel ID: 71004990337000

Financial

Total Tax incl. Assessments: $2,220
Specials Pending: No

Home Systems & Utilities

Heating: Forced Air
Cooling: Central Air
Electric: Circuit Breakers
Water: City Water/Connected
Sewer: City Sewer/Connected
Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer

Interior Features

Fireplace: 1 fireplace

Construction & Exterior

Construction & Structure

Foundation Type: Poured Concrete, Stone
Foundation Area: 322 sqft
Total Building Area: 1,637 sqft

Exterior Features

Exterior Features: Steel Siding
Accessibility Features: None

Parking & Garage

Parking Features: Detached Garage

Lot & Land

Zoning Description: Residential-Single Family

Agent & Office

List Office: Park Co., REALTORS®

Price History

Price reduced to $180,000 — Oct 9, 2026

113 W Bancroft Avenue is listed in Fergus Falls, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 113 W Bancroft Avenue

Shannon Barnum

Associate Broker · Modern Market REALTORS®

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

See all Fergus Falls homes ›

Listed by Park Co., REALTORS® · Shown by Modern Market REALTORS®

Schedule a Home Tour

First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.

View Full Listing & Photos

MLS# 7143412 · Updated October 9, 2026

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Frequently Asked Questions About 113 W Bancroft Avenue

Is $180,000 a good price for a home in Fergus Falls?: According to BuyPulse, 113 W Bancroft Avenue rates Excellent Value — at $123/sqft it's priced 15% below the typical Fergus Falls single-family home of $145/sqft. Its negotiating-position score is 70/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Fergus Falls homes are closing versus list. Powered by the Realgorithm™. Browse Fergus Falls homes for sale to compare.
What are the special assessments at 113 W Bancroft Avenue — and what do they mean?: This property has $453/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $1,766.66/yr. Always factor both into your total monthly housing cost before making an offer.
What special assessments cost in Fargo-Moorhead — live figures on every home for sale.
Does 113 W Bancroft Avenue have a basement?: Yes, 113 W Bancroft Avenue has a basement with 150 sq ft of below-grade space.
What type of heating and cooling does 113 W Bancroft Avenue have?: 113 W Bancroft Avenue has Forced Air heating and Central Air cooling.
Where is 113 W Bancroft Avenue located?: 113 W Bancroft Avenue is in the Finkle & Whites neighborhood of Fergus Falls, MN 56537, in Otter Tail County.
Is 113 W Bancroft Avenue still available?: Yes — 113 W Bancroft Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 113 W Bancroft Avenue built?: 113 W Bancroft Avenue was built in 1890. It features an asphalt roof and a poured concrete, stone foundation.
How many homes like 113 W Bancroft Avenue are for sale in Fergus Falls?: 22 similar homes (single-family homes between $135K and $225K in Fergus Falls) are for sale right now — you have options.
How fast do homes like 113 W Bancroft Avenue sell in Fergus Falls?: Homes like this one (single-family homes between $135K and $225K in Fergus Falls) went pending in a median 18 days over the last 90 days — 0 of the last 8 went under contract within 4 days.
Do homes in Fergus Falls sell for asking price?: 63% of the last 19 comparable Fergus Falls sales closed at or over list price — Fergus Falls doesn't discount. Based on real NorthstarMLS closings, not estimates.
What does "M Markdowns" mean?: M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
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 Fergus Falls area.

Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/04/2026, 9:39 AM CST. 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.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.