Valuing
Real Estate and Providing Real Property Solutions.

established 1991

Serving the Minneapolis, Saint Paul Metro Area and the Upper Midwest.

For over 30 years Lake State has been a leading provider of real property appraisal, valuation, consultancy, and brokerage services to our clients throughout Minnesota and the upper midwest. Government agencies, attorneys, engineering firms, nonprofits, businesses, and individuals rely on our expertise to provide objective clarity to complex real estate projects.

Why We’re Different

  • Expert Experience

    Our experience with real property spans far and wide. We have decades of expert experience in valuation and professional liability. We routinely perform expert witness testimony and are regularly court-appointed for neutral valuations.

  • Legal & Government Specialization

    We specialize in assisting legal counsel and government entities with their unique and complex real property issues. A large number of our clients are either government entities or law firms.

  • Real Estate Brokerage

    We are a family-owned and operated brokerage that provides all your real estate services under one roof. We have a proven track record of successfully completed transactions across Minnesota, and we regularly provide both residential and complex commercial brokerage services to a diverse client base.

Lake State Realty Reviews

Kate R

August 15, 2023

Julie was very personable and helpful both during and after the process.

Michael John Doll

August 15, 2023

With Lake State help and advice, we were able to successfully negotiate a fair settlement with the county on compensation for damage in a temporary easement required for a road widening project. I was particularly grateful for the “post assessment” support they provided even after collecting their fee.

Sandra Reeves

August 15, 2023

Alex and Julie are amazing to work with. They are extremely knowledgeable and are willing to go above and beyond to help.

Featured Clients

  • City Of Saint Paul
  • GSA
  • Met Transit
  • MAC
  • Minnesota Department Of Revenue
  • Washington County
  • SRF
  • Carver County
  • Minneapolis Park And Recreation Board
  • Bureau Of Indian Affairs
  • US Fish And Wildlife
  • Coldwell Banker Realty
  • Department Of The Treasury
  • Met Council Logo
  • City Of Minneapolis
  • MnDOT
  • HUD Logo
  • Minnesota Pollution Control Agency
  • Nationwide Insurance
  • US Department Of Homeland Security
  • WSB Final
  • State Farm
  • FDIC
  • Zurich Insurance
  • Anoka County
  • NPS
  • US Army Corp Of Engineers
  • Hennepin County
  • US Marshall Service
  • Liberty Mutual Insurance
  • McDonalds
  • United States Department Of The Interior

    Julie Jeffrey Schwartz

    President/Owner

    Julie has almost 40 years of experience in the real estate industry, over 35 of those years as an appraiser serving public- and private-sector clients. Since 1991 she has been president and owner of Lake State Realty Services, Inc. and has been the project manager for multi-parcel projects for the Minnesota Department of Transportation, the Metropolitan Council, the General Services Administration, and other federal, state, and local units of government. These projects include right-of-way easements, other easements, rental analysis, corridor planning services, and expansion services. Julie has extensive expert witness testimony background, offering testimony for arbitrations, mediations, depositions, Commissioner’s Hearings, District Court, Federal Court, and Congress. Julie has wide geographic competency spanning the upper midwest. She is licensed in Minnesota, North Dakota, Wisconsin, Michigan, and Ohio.

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