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Otsego, MN New Homes Under $500K

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          102 Communities

          Quick Move-In Hot Deals

          Otsego, MN Communities

          River Pointe - The Meadows of River Pointe by Lennar in Minneapolis-St. Paul Minnesota
          homes in River Pointe - The Meadows of River Pointe by Lennar
          homes in River Pointe - The Meadows of River Pointe by Lennar
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          River Pointe - The Meadows of River Pointe

          Community by Lennar

          17754 54th St NE
          Otsego, MN 55374

          Lennar 284 Reviews

          888-900-8713

          from $446,990 - $575,530

          10 homes match your search

          River Pointe - The Highlands of River Pointe by Lennar in Minneapolis-St. Paul Minnesota
          homes in River Pointe - The Highlands of River Pointe by Lennar
          homes in River Pointe - The Highlands of River Pointe by Lennar
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          River Pointe - The Highlands of River Pointe

          Community by Lennar

          17754 54th St NE
          Otsego, MN 55374

          Lennar 284 Reviews

          888-809-5020

          from $499,990 - $683,240

          1 home matches your search

          River Pointe - The Highlands of River Pointe Villas by Lennar in Minneapolis-St. Paul Minnesota
          homes in River Pointe - The Highlands of River Pointe Villas by Lennar
          homes in River Pointe - The Highlands of River Pointe Villas by Lennar
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          River Pointe - The Highlands of River Pointe Villas

          Community by Lennar

          17754 54th St NE
          Otsego, MN 55374

          Lennar 284 Reviews

          888-596-2577

          from $434,990 - $473,990

          6 homes match your search

          Hunter Hills - Venture Collection by Lennar in Minneapolis-St. Paul Minnesota
          homes in Hunter Hills - Venture Collection by Lennar
          homes in Hunter Hills - Venture Collection by Lennar

          Hunter Hills - Venture Collection

          Community by Lennar

          8025 Lander Avenue NE
          Otsego, MN 55301

          Lennar 284 Reviews

          888-825-4294

          from $359,990 - $444,845

          25 homes match your search

          Boulder Pass by M/I Homes in Minneapolis-St. Paul Minnesota
          homes in Boulder Pass by M/I Homes
          homes in Boulder Pass by M/I Homes

          Boulder Pass

          Community by M/I Homes

          7290 Parquet Avenue NE
          Otsego, MN 55330

          M/I Homes

          888-596-9750

          from $423,990 - $569,750

          17 homes match your search

          Hunter Hills - Discovery Collection by Lennar in Minneapolis-St. Paul Minnesota
          homes in Hunter Hills - Discovery Collection by Lennar
          homes in Hunter Hills - Discovery Collection by Lennar

          Hunter Hills - Discovery Collection

          Community by Lennar

          8025 Lander Avenue NE
          Otsego, MN 55301

          Lennar 284 Reviews

          from $450,990 - $575,990

          15 homes match your search

          Parrish Meadows - Colonial Manor Collection by Lennar in Minneapolis-St. Paul Minnesota
          homes in Parrish Meadows - Colonial Manor Collection by Lennar
          homes in Parrish Meadows - Colonial Manor Collection by Lennar

          Parrish Meadows - Colonial Manor Collection

          Community by Lennar

          17754 54th St NE
          Otsego, MN 55330

          Lennar 284 Reviews

          from $319,990 - $346,690

          11 homes match your search

          Parrish Meadows - Colonial Patriot Collection by Lennar in Minneapolis-St. Paul Minnesota
          homes in Parrish Meadows - Colonial Patriot Collection by Lennar
          homes in Parrish Meadows - Colonial Patriot Collection by Lennar

          Parrish Meadows - Colonial Patriot Collection

          Community by Lennar

          17754 54th St NE
          Otsego, MN 55330

          Lennar 284 Reviews

          from $339,990 - $373,690

          7 homes match your search

          Nearby Communities

          Miske Meadows by LGI Homes in Minneapolis-St. Paul Minnesota
          homes in Miske Meadows by LGI Homes
          homes in Miske Meadows by LGI Homes

          Grand Opening

          Special Offers

          Miske Meadows

          Community by LGI Homes

          18751 Edison St
          Elk River, MN 55330

          LGI Homes

          888-639-9993

          from $369,900 - $434,900

          6 homes match your search

          4.9 miles away

          Fieldstone Passage - Heritage Collection by Lennar in Minneapolis-St. Paul Minnesota
          homes in Fieldstone Passage - Heritage Collection by Lennar
          homes in Fieldstone Passage - Heritage Collection by Lennar
          Video

          Fieldstone Passage - Heritage Collection

          Community by Lennar

          9549 51st Street NE
          Saint Michael, MN 55376

          Lennar 284 Reviews

          888-476-5411

          from $389,990 - $495,020

          17 homes match your search

          5.6 miles away

          Fieldstone Passage - Discovery Collection by Lennar in Minneapolis-St. Paul Minnesota
          homes in Fieldstone Passage - Discovery Collection by Lennar
          homes in Fieldstone Passage - Discovery Collection by Lennar
          Video

          Fieldstone Passage - Discovery Collection

          Community by Lennar

          9563 51st Street NE
          Saint Michael, MN 55376

          Lennar 284 Reviews

          888-478-7690

          from $440,990 - $634,730

          10 homes match your search

          5.6 miles away

          Edgewater Landing by M/I Homes in Minneapolis-St. Paul Minnesota
          homes in Edgewater Landing by M/I Homes
          homes in Edgewater Landing by M/I Homes

          Edgewater Landing

          Community by M/I Homes

          24251 Edgewater Lane
          Rogers, MN 55374

          M/I Homes

          888-574-3208

          from $423,990 - $554,755

          14 homes match your search

          5.9 miles away

          Anton Village - Expressions Collection by Pulte Homes in Minneapolis-St. Paul Minnesota
          homes in Anton Village - Expressions Collection by Pulte Homes
          homes in Anton Village - Expressions Collection by Pulte Homes

          Anton Village - Expressions Collection

          Community by Pulte Homes

          4900 Jamocha Ave NE
          Saint Michael, MN 55376

          Pulte Homes 249 Reviews

          888-265-1682

          from $485,990 - $693,685

          2 homes match your search

          6.2 miles away

          Towns at Fox Creek by M/I Homes in Minneapolis-St. Paul Minnesota
          homes in Towns at Fox Creek by M/I Homes
          homes in Towns at Fox Creek by M/I Homes

          Towns at Fox Creek

          Community by M/I Homes

          Aspen Dr. And Hynes Road
          Rogers, MN 55374

          M/I Homes

          888-881-6786

          from $389,990 - $419,990

          4 homes match your search

          6.4 miles away

          Marsh View by M/I Homes in Minneapolis-St. Paul Minnesota
          homes in Marsh View by M/I Homes
          homes in Marsh View by M/I Homes

          Marsh View

          Community by M/I Homes

          13685 Marsh View Trail
          Rogers, MN 55374

          M/I Homes

          888-493-3878

          from $364,990 - $435,990

          19 homes match your search

          6.6 miles away

          Northfork Meadows by Lennar in Minneapolis-St. Paul Minnesota
          homes in Northfork Meadows by Lennar
          homes in Northfork Meadows by Lennar

          Northfork Meadows

          Community by Lennar

          Alpine Drive
          Ramsey, MN 55303

          Lennar 284 Reviews

          from $454,990 - $607,375

          9 homes match your search

          7 miles away

          Vista Pointe by M/I Homes in Minneapolis-St. Paul Minnesota
          homes in Vista Pointe by M/I Homes
          homes in Vista Pointe by M/I Homes

          Vista Pointe

          Community by M/I Homes

          2916 Kama Avenue NE
          Saint Michael, MN 55376

          M/I Homes

          888-230-3014

          from $409,990 - $601,895

          14 homes match your search

          7.1 miles away

          The Towns at Lakeshore Park by M/I Homes in Minneapolis-St. Paul Minnesota
          homes in The Towns at Lakeshore Park by M/I Homes
          homes in The Towns at Lakeshore Park by M/I Homes

          The Towns at Lakeshore Park

          Community by M/I Homes

          2952 Kepler Ave NE
          Saint Michael, MN 55376

          M/I Homes

          888-897-1533

          from $394,990 - $461,410

          16 homes match your search

          7.1 miles away

          Aster Mill - Inspiration Series by Pulte Homes in Minneapolis-St. Paul Minnesota
          homes in Aster Mill - Inspiration Series by Pulte Homes
          homes in Aster Mill - Inspiration Series by Pulte Homes

          Coming Soon

          Aster Mill - Inspiration Series

          Community by Pulte Homes

          Brookside Lane + County Road 49
          Rogers, MN 55374

          Pulte Homes 249 Reviews

          888-237-2520

          from $499,990 - $526,765

          1 home matches your search

          7.5 miles away

          Skye Meadows - Twin Home Collection by Lennar in Minneapolis-St. Paul Minnesota
          homes in Skye Meadows - Twin Home Collection by Lennar
          homes in Skye Meadows - Twin Home Collection by Lennar

          Skye Meadows - Twin Home Collection

          Community by Lennar

          12487 Rachael Drive
          Rogers, MN 55374

          Lennar 284 Reviews

          from $379,990 - $420,760

          11 homes match your search

          7.9 miles away

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          Otsego. MN features many of the best home builder communities in Minneapolis & St. Paul, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Otsego has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Otsego area. In fact, there are 102 communities and 21 builders in Otsego with homes starting at under $500K.

          How to Find Homes in Otsego for Less than $500K?

          Many builders recognize there is growing demand in the Otsego area for homes under the $500k price point and often have a few floor plans available, but these may be in limited supply. These brand new homes are relatively affordable. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices. Like any new home, you are likely to have the low maintenance and lower cost of ownership that makes new construciton a good value in Otsego,