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3 Beds | 2 Baths | 1,683 Sq Ft | Single Family Home | MLS# 7131167
Price Drop on M Markdowns — was $249,900 (↓ $10,000)
Is 724 E Channing Avenue a Good Deal?
BuyPulse Verdict
Fair Market Value
At $143/sqft — This home is priced right at the typical Fergus Falls single-family home of $139/sqft.
Your Negotiating Position
72 — Strong buyer leverage
Day 53 — similar homes typically go under contract by day ~21. This one is past that window.
65% 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 $10,000 — motivation showing.
Powered by the Realgorithm™ — 58 active Fergus Falls listings · NorthstarMLS
$1,511/month Estimated
- Principal & interest
- $1,213
- Property taxes
- $158
- Home insurance (est.)
- $140
- HOA dues
- None
20% down ($47,980) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Lakeland Add, Fergus Falls, MN.
About This Home
You will fall in love with the .44 acre property that is fully fenced in and in the heart of Fergus Falls. Lake Charles in the back yard provides a secluded sanctuary for your yard games, bon fires or just chillin. We are even throwing in the riding mower and patio furniture so you can spend less time working and more time relaxing. The exterior was painted in 2025 and the interior also has updated neutral colors. Bedroom floors still have the original oak but the major portion of the main level is high quality laminate for ease of use and care. The updated white craftsman stye kitchen is open to the living space, separated only by an eating bar. The large living space on the main floor is visible from both the kitchen and dining room so it's a perfect place to entertain. The lower level also has a large family room with a large bedroom with walk in closet just on the other side of the French doors. The lower bathroom is accessible through the laundry room or the bedroom and boasts of a 4x6 tiled walk in shower. The house is vacant and ready for a quick sale and at this price, you better take a look ASAP. It has been staged and professionally cleaned so all you need to do is move in.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $180K and $300K in Fergus Falls:
- The field: 22 similar Fergus Falls homes for sale — you have options.
- Tempo: homes like this went pending in a median 21 days — 4 of the last 16 inside 4 days.
- Negotiation: 65% of the last 31 sales here closed at or over list — Fergus Falls doesn't discount.
Powered by the Realgorithm™ — 31 real Fergus Falls closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1959
- Garage
- 1-Car Attached
- Style
- One
- HOA
- None
- Annual Taxes
- $1,892 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 962
- Below Grade Sq Ft
- 721
- Lot Size
- 0.402 acres
- Basement
- Yes
- County
- Otter Tail
- List Date
- 2026-08-20
- Days on Market
- 53 days
- Parcel ID
- 71001990676000
Financial
- Total Tax incl. Assessments
- $1,892
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 962 sqft
- Total Building Area
- 1,924 sqft
Exterior Features
- Exterior Features
- Wood
- Fenced Area
- Yes
- Other Structures
- Storage Shed
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage
Lot & Land
- Lot Features
- Tree Coverage - Light
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Trilogy Real Estate
Price History
- Price reduced to $239,900 — Sep 4, 2026
724 E Channing Avenue is listed in Fergus Falls, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 724 E Channing Avenue
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.
Listed by Trilogy 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# 7131167 · Data refreshed October 5, 2026
Similar Homes for Sale Near 724 E Channing Avenue, Fergus Falls, MN
Frequently Asked Questions About 724 E Channing Avenue
- Is $239,900 a good price for a home in Fergus Falls?
- According to BuyPulse, 724 E Channing Avenue rates Fair Market Value — at $143/sqft it's priced right at the typical Fergus Falls single-family home of $139/sqft. Its negotiating-position score is 72/100 (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.
- Does 724 E Channing Avenue have a basement?
- Yes, 724 E Channing Avenue has a basement with 721 sq ft of below-grade space.
- What type of heating and cooling does 724 E Channing Avenue have?
- 724 E Channing Avenue has Forced Air heating and Central Air cooling.
- Where is 724 E Channing Avenue located?
- 724 E Channing Avenue is in the Lakeland neighborhood of Fergus Falls, MN 56537, in Otter Tail County.
- Is 724 E Channing Avenue still available?
- Yes — 724 E Channing Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 724 E Channing Avenue built?
- 724 E Channing Avenue was built in 1959. It features a block foundation.
- How walkable is 724 E Channing Avenue?
- 724 E Channing Avenue has a Walk Score of 18/100 (Car-Dependent) and a Bike Score of 40/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 724 E Channing Avenue are for sale in Fergus Falls?
- 22 similar homes (single-family homes between $180K and $300K in Fergus Falls) are for sale right now — you have options.
- How fast do homes like 724 E Channing Avenue sell in Fergus Falls?
- Homes like this one (single-family homes between $180K and $300K in Fergus Falls) went pending in a median 21 days over the last 90 days — 4 of the last 16 went under contract within 4 days.
- Do homes in Fergus Falls sell for asking price?
- 65% of the last 31 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 10/12/2026, 9:58 PM 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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