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New Construction Homes Under $500K in Otsego, MN



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1472 Homes

Otsego, MN New Homes

Jefferson - Parrish Meadows - Colonial Patriot Collection: Otsego, Minnesota - Lennar

Now Building

Jefferson

8718 Park Avenue NE
Otsego, MN 55330

Lennar 291 Reviews

Parrish Meadows - Colonial Patriot Collection

$373,690

3 Br | 2.5 Ba | 2 Gr
1,906 sq. ft.

Franklin - Parrish Meadows - Colonial Manor Collection: Otsego, Minnesota - Lennar

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Franklin

8782 Parkington Ave NE
Otsego, MN 55330

Lennar 291 Reviews

Parrish Meadows - Colonial Manor Collection

$343,590

3 Br | 2.5 Ba | 2 Gr
1,800 sq. ft.

Sequoia - Hunter Hills - Venture Collection: Otsego, Minnesota - Lennar

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Virtual Tour

Sequoia

11523 81st Lane NE
Otsego, MN 55330

Lennar 291 Reviews

Hunter Hills - Venture Collection

888-825-4294

$449,305

4 Br | 3 Ba | 2 Gr
2,505 sq. ft.

Glacier - Hunter Hills - Venture Collection: Otsego, Minnesota - Lennar

Now Building

Glacier

8062 Langley Ave NE
Otsego, MN 55330

Lennar 291 Reviews

Hunter Hills - Venture Collection

888-825-4294

$419,475

3 Br | 2.5 Ba | 2 Gr
1,946 sq. ft.

Florence - River Pointe - The Highlands of River Pointe Villas: Otsego, Minnesota - Lennar

Ready to Build

Florence

Otsego, MN 55374

Lennar 291 Reviews

River Pointe - The Highlands of River Pointe Villas

888-596-2577

$439,990

2 Br | 2 Ba | 2 Gr
1,587 sq. ft.

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Columbus - River Pointe - The Meadows of River Pointe: Otsego, Minnesota - Lennar

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Columbus

Otsego, MN 55374

Lennar 291 Reviews

River Pointe - The Meadows of River Pointe

888-900-8713

$450,990

4 Br | 2.5 Ba | 3 Gr
2,148 sq. ft.

Franklin - Parrish Meadows - Colonial Manor Collection: Otsego, Minnesota - Lennar

Available Now

Franklin

8707 Park Avenue NE
Otsego, MN 55330

Lennar 291 Reviews

Parrish Meadows - Colonial Manor Collection

$343,390

3 Br | 2.5 Ba | 2 Gr
1,800 sq. ft.

Salerno - River Pointe - The Highlands of River Pointe Villas: Otsego, Minnesota - Lennar

Ready to Build

Salerno

Otsego, MN 55374

Lennar 291 Reviews

River Pointe - The Highlands of River Pointe Villas

888-596-2577

$466,990

3 Br | 2 Ba | 3 Gr
1,783 sq. ft.

Madison - Parrish Meadows - Colonial Patriot Collection: Otsego, Minnesota - Lennar

Available Now

Madison

8712 Park Avenue NE
Otsego, MN 55330

Lennar 291 Reviews

Parrish Meadows - Colonial Patriot Collection

$319,990

3 Br | 2.5 Ba | 2 Gr
1,804 sq. ft.

Dearborn - Boulder Pass: Otsego, Minnesota - M/I Homes

Ready to Build

Virtual Tour Plan Viewer

Dearborn

Otsego, MN 55330

M/I Homes

Boulder Pass

888-596-9750

$447,990

3 Br | 2.5 Ba | 2 Gr
2,147 sq. ft.

Roosevelt - Hunter Hills - Venture Collection: Otsego, Minnesota - Lennar

Available Now

Roosevelt

11495 81st Lane NE
Otsego, MN 55330

Lennar 291 Reviews

Hunter Hills - Venture Collection

888-825-4294

$419,410

3 Br | 2 Ba | 2 Gr
1,553 sq. ft.

Biscayne - Hunter Hills - Venture Collection: Otsego, Minnesota - Lennar

Ready to Build

Virtual Tour

Biscayne

Otsego, MN 55330

Lennar 291 Reviews

Hunter Hills - Venture Collection

888-825-4294

$366,990

4 Br | 3 Ba | 2 Gr
1,830 sq. ft.

Franklin - Parrish Meadows - Colonial Manor Collection: Otsego, Minnesota - Lennar

Now Building

Franklin

8790 Parkington Ave NE
Otsego, MN 55330

Lennar 291 Reviews

Parrish Meadows - Colonial Manor Collection

$343,690

3 Br | 2.5 Ba | 2 Gr
1,800 sq. ft.

Wilson - Boulder Pass: Otsego, Minnesota - M/I Homes

Ready to Build

Virtual Tour Plan Viewer

Wilson

Otsego, MN 55330

M/I Homes

Boulder Pass

888-596-9750

$489,990

4 Br | 2.5 Ba | 3 Gr
2,618 sq. ft.

Buckingham - River Pointe - The Highlands of River Pointe Villas: Otsego, Minnesota - Lennar

Ready to Build

Virtual Tour

Buckingham

Otsego, MN 55374

Lennar 291 Reviews

River Pointe - The Highlands of River Pointe Villas

888-596-2577

$473,990

3 Br | 2 Ba | 2 Gr
1,930 sq. ft.

Sawyer - Boulder Pass: Otsego, Minnesota - M/I Homes

Ready to Build

Plan Viewer

Sawyer

Otsego, MN 55330

M/I Homes

Boulder Pass

888-596-9750

$451,990

4 Br | 2.5 Ba | 3 Gr
2,227 sq. ft.

Bristol - Hunter Hills - Discovery Collection: Otsego, Minnesota - Lennar

Ready to Build

Virtual Tour

Bristol

Otsego, MN 55330

Lennar 291 Reviews

Hunter Hills - Discovery Collection

$460,990

4 Br | 3 Ba | 3 Gr
2,185 sq. ft.

Canton - Boulder Pass: Otsego, Minnesota - M/I Homes

Available Now

Virtual Tour

Canton

15589 73rd Street NE
Otsego, MN 55330

M/I Homes

Boulder Pass

888-596-9750

$394,990

3 Br | 2.5 Ba | 2.5 Gr
1,997 sq. ft.

Roosevelt - Hunter Hills - Venture Collection: Otsego, Minnesota - Lennar

Now Building

Roosevelt

11514 81st Lane NE
Otsego, MN 55330

Lennar 291 Reviews

Hunter Hills - Venture Collection

888-825-4294

$422,540

3 Br | 2 Ba | 2 Gr
1,553 sq. ft.

Jefferson - Parrish Meadows - Colonial Patriot Collection: Otsego, Minnesota - Lennar

Available Now

Jefferson

8710 Park Avenue NE
Otsego, MN 55330

Lennar 291 Reviews

Parrish Meadows - Colonial Patriot Collection

$334,990

3 Br | 2.5 Ba | 2 Gr
1,906 sq. ft.

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Otsego features many of the best homes builders and new construction home designs in Minnesota. Finding relatively lower priced homes has become increasingly difficult. The cost of new construction in Otsego has increased substantially. Despite the rising trend of housing prices, it is still possible to design and build an affordable home in the Otsego area. In fact, there are 2,007 new homes for sale in Otsego with a good selection of cheaper homes starting at under $500K.

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

Builders see the growing demand for homes under the $500k price point and often have a few floor plans available, but these may be in limited supply. To ensure affordability without compromising on the quality of the home, builders use value engineering techniques to reduce the cost of construction and keep prices increasing too much. Smaller lots, standard-sized materials, and evening the pace of building can help deliver high-value for the cost. The results are delivering similar quality at lower prices.