310 Cedar Avenue, Hector, MN 55342

310 Cedar Avenue in Hector, Minnesota, is a single-family home listed at $204,600. The property offers 3 bedrooms, 2 full bathrooms, and 2,071 square feet of above-grade living space. Built in 1953 and situated on a 0.2-acre lot, the home has been marketed as fully remodeled, with the listing agent citing new flooring, a new kitchen, updated plumbing and electrical systems, and new exterior doors. For buyers considering a smaller Minnesota community with access to the Buffalo Lake-Hector-Stewart school district, this property presents a turnkey option at a price point below the median listing price for Hector. This article reviews the verified facts, location context, and due-diligence considerations relevant to a purchase decision.

Property Overview Feature Detail Address 310 Cedar Avenue, Hector, MN 55342 Asking Price $204,600 (verified October 14, 2026) Bedrooms 3 Bathrooms 2 Full Interior Area 2,071 sq ft Price per Sq Ft $99 Year Built 1953 Lot Size 0.2 acres Garage 3-car attached Basement Full, 1,035 sq ft foundation Heating Baseboard, Hot Water (Natural Gas) Cooling None Annual Taxes $2,804 (2026) HOA None School District Buffalo Lake-Hector-Stewart The price per square foot of **$99** is calculated directly from the verified asking price and above-grade finished area. This figure is notably below the ZIP code 55342 average of $120 per square foot reported by one MLS-derived source, and also below the Renville County average price per square foot figures seen across various market reports. However, direct comparison requires caution: property condition, renovation scope, lot characteristics, and exact location within the community all influence value, and the averages cited reflect broader market segments.

Interior and Exterior Features According to the listing agent, the home has undergone a comprehensive renovation. The disclosed updates include new flooring throughout, a completely new kitchen, a renovated main-floor bathroom, updated electrical wiring, new water lines, and updated plumbing. New exterior doors have also been installed, which the listing states improves energy efficiency and security. Landscaping work—including timbers, mulch, and dormant grass seeding—is to be completed prior to closing.

These are seller-provided claims and should be independently verified through inspection and permit records. The practical significance of a 1953-built home with updated mechanical systems is that some of the most expensive and disruptive repairs may have been recently addressed. However, buyers should confirm the scope and quality of the work, and whether permits were obtained for electrical and plumbing changes.

The 3-car attached garage and full basement (1,035 sq ft foundation) add functional storage and utility space. The absence of central air conditioning is a notable consideration for Minnesota summers; the heating system is described as baseboard and hot water, using natural gas. Buyers should confirm the specific heating configuration and evaluate cooling options if desired.

Location: Hector, Minnesota Hector is a small city in Renville County, Minnesota, with a population of approximately 978 to 1,126 residents depending on the data source and year. The community is located in the south-central part of the state, with U.S. Highway 212 providing a primary connection through the area. The ZIP code 55342, which serves Hector and surrounding areas, had a median household income of approximately $64,861** and a median home value of **$172,050 according to 2024 American Community Survey data.

The property falls within the Buffalo Lake-Hector-Stewart School District. According to school data provided by listing platforms, Buffalo Lake-Hector Secondary School (grades 6–12) is located approximately 0.4 miles from the address, while Buffalo Lake-Hector Elementary (grades K–5) is approximately 4.8 miles away. Buyers should verify school attendance boundaries and enrollment eligibility directly with the district.

Hector is described by community platforms as a small, family-friendly town with well-kept parks and a strong sense of community. The local economy includes employment in health care and social assistance, manufacturing, and retail trade, based on Census-derived data for the city. For buyers seeking a quieter residential setting within commuting distance of larger regional centers, Hector offers a small-town environment with basic local services. Specific commute times to larger cities depend on destination and route and should be independently assessed.

Price and Affordability Analysis The asking price of $204,600** positions this property below the median listing price for Hector, which one source reports at **$245,000 as of 2026. The broader Renville County median listing price is reported at approximately $200,000**, and the county median home value at around **$189,944 to $193,000 depending on the source and reporting period. These figures suggest the property is priced in line with or slightly below the county median, while sitting meaningfully below the city-level median for Hector.

The calculated **$99 per square foot** is also below the ZIP code 55342 average of $120 per square foot. This could reflect the property’s specific characteristics—including lot size, absence of central air, or other factors—rather than a definitive indication of value. Buyers should compare with recently sold homes of similar size, age, and condition in Hector, not merely rely on aggregate averages. A comparative market analysis prepared by a buyer’s agent would provide a more reliable valuation basis.

No claim is made here that the property is “underpriced” or a “bargain.” Market conditions in Renville County have shown mixed signals: median listing prices have fluctuated, days on market vary, and the ratio of sold price to asking price has hovered around 97% in recent data, suggesting some negotiation room for buyers.

Estimated Monthly Ownership Costs The following is an illustrative estimate only, not a lender quote or a statement of actual expenses. It uses assumed inputs and does not account for individual credit profiles, down payment variations, or lender-specific fees.

Assumptions

Purchase price: $204,600

Down payment: 20% ($40,920)

Loan amount: $163,680

Interest rate: 7.00% (illustrative 30-year fixed rate for Minnesota, based on publicly reported rate ranges in October 2026)

Loan term: 30 years

Estimated Monthly Costs

Component Estimated Monthly Amount Principal & Interest ~$1,089 Property Taxes ~$234 ($2,804 annually ÷ 12) Homeowners Insurance ~$85–$120 (estimate; varies by coverage) Subtotal (PITI) ~$1,408–$1,443 Maintenance/Repairs (reserve) ~$85–$170 (0.5%–1% of value annually) Utilities Not estimated; buyer should obtain historical averages Actual property taxes are verified at $2,804 for 2026. Insurance costs for a 1953 home in Hector should be quoted by an insurance agent, as factors including roof age, heating system, and location affect premiums. The absence of central air conditioning may slightly reduce summer electricity costs but does not eliminate the need to verify actual utility expenses with the seller or local utility providers.

Who Might Consider This Property?

This home may be relevant for

Buyers seeking a move-in-ready property in a smaller Minnesota community. The disclosed renovation scope suggests less immediate cosmetic work compared to an unrenovated 1953 home, though verification is essential.

Households needing three bedrooms and multiple bathrooms. The layout provides two full bathrooms, which can reduce morning congestion for families or shared living situations.

Buyers with a vehicle or storage needs. The 3-car garage and full basement offer substantial storage capacity.

Buyers prioritizing proximity to local schools. The secondary school is located within approximately half a mile according to listing data.

First-time buyers or those seeking a lower price point. The asking price and calculated price per square foot are below several local and county averages.

These are possibilities, not assurances of suitability. Individual financial circumstances, inspection findings, and personal preferences will determine whether the property meets a buyer’s needs.

Important Checks Before Buying Before making an offer, buyers should conduct the following due diligence:

Home inspection. A licensed inspector should evaluate the roof, foundation, plumbing, electrical, heating, and structural systems, with particular attention to the 1953 construction and the quality of disclosed renovations.

Permit verification. Confirm with Renville County or the City of Hector whether permits were obtained for electrical, plumbing, and any structural or mechanical work described in the listing.

Property tax verification. The 2026 annual tax of $2,804 should be confirmed through Renville County property records. Future tax changes may occur after a sale, as assessed values can adjust.

Title and legal description. Obtain a title commitment and review the legal description (MLS lists: E 86' of Lot 1 & E 86' of N2 of Lot 2, Block 11) and any easements or encumbrances.

Insurance availability and cost. Obtain quotes from multiple carriers before removing any inspection contingencies, as insurance availability can affect financing.

Financing and appraisal. Confirm loan approval and be prepared for an appraisal that supports the purchase price.

Seller disclosures. Request all required seller disclosures, including any known defects, past repairs, and water intrusion or pest history.

Heating and cooling evaluation. Verify the heating system’s age and condition, and assess whether the absence of central air is acceptable or if cooling should be added.

Utility costs. Ask the seller or local utility providers for historical natural gas and electric usage for the property.

Listing status. Confirm the property remains active and available, as listing status can change quickly.

No HOA applies to this property, per the MLS data, so HOA-related due diligence is not required.

Frequently Asked Questions What is the asking price of 310 Cedar Avenue? The listed asking price is $204,600, verified as of October 14, 2026. Buyers should confirm the current status with the listing agent.

How many bedrooms and bathrooms does it have? The property has 3 bedrooms and 2 full bathrooms.

How large is the property? The above-grade finished living area is 2,071 square feet, on a 0.2-acre lot (86 x 100 feet). The home also has a full basement with a 1,035 sq ft foundation.

What is the price per square foot? Calculated from the verified asking price and area, it is approximately **$99 per square foot** ($204,600 ÷ 2,071).

Is the property currently available? The MLS listing status was Active as of the most recent update on October 14, 2026. Availability can change; buyers should verify before scheduling a showing or making an offer.

What should buyers verify before making an offer? Key items include the home inspection, permits for disclosed renovations, property tax records, title and legal description, insurance availability, financing/appraisal, seller disclosures, heating system condition, and utility costs. See the detailed checklist above.

How can buyers estimate their monthly mortgage payment? A mortgage calculator using the actual loan amount, current interest rate, term, and down payment will provide a principal-and-interest estimate. Add verified property taxes, estimated insurance, and maintenance reserves for a fuller picture. The illustrative estimate in this article is not a lender quote.