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Property Scan for Minnesota real estate agents

Send any Minnesota address and get a CMA back in minutes, built from recorded sales, with every adjustment shown.

Where the sales come from in Minnesota

Any sale over $3,000 needs a Certificate of Real Estate Value (now filed electronically as an eCRV) stating the full price. The seller, the buyer or either one's agent files it with the county auditor when the deed is presented for recording. Personal property sold with the home 'must be listed and deducted from the sale price', and the certificate includes the financing terms (Minn. Stat. § 272.115). The Department of Revenue lets the public search accepted eCRVs. The state deed tax is also figured on the price.

Deed tax: ".0033 of the net consideration" when the consideration is more than $3,000, otherwise "$1.65" (Minn. Stat. § 287.21). Hennepin and Ramsey counties add a county deed tax of ".0001 of the amount" (§ 383B.80, § 383A.80).

Minnesota has 87 counties. Property Scan covers any of them, pulled on demand.

Official open data on Minnesota sales:

Every comp in a Property Scan report is a closed sale with a recorded price, adjusted for market time with the FHFA House Price Index for Minnesota, which rose 2.5% in the four quarters to the second quarter of 2026 (how comps are chosen and adjusted).

Works alongside your MLS

Keep your MLS for everything else. MLSs that serve Minnesota include:

  • NorthstarMLSMinnesota and western Wisconsin, through 12 partner associations

Pricing opinions under Minnesota rules

Minnesota licensees may prepare broker price opinions and charge for them if their license is active. Opinions written for third parties or lienholders must include set contents and the statement "This opinion is not an appraisal of the market value of the property, and may not be used in lieu of an appraisal. If an appraisal is desired, the services of a licensed or certified appraiser must be obtained."

“A person licensed under this chapter or chapter 82B may prepare and provide a broker price opinion and a broker may charge and collect a fee for it if the license of that licensee is active and in good standing.”
Minn. Stat. § 82.735, subd. 1 (definition of "broker price opinion" in § 82.55)

A Property Scan report prints “Comparative market analysis. Not an appraisal.” It doesn't print the statement this Minnesota rule sets out, so where the rule applies, add that statement before you give the report to anyone. Not legal advice.

Sources

Facts checked October 30, 2026.

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