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

Vicki Bristlin

Rated 5.0 out of 5
August 15, 2023

We were able to negotiate and receive Lake State Realty’s appraisal amount. Thank you.

Jerome Haumschild

Rated 5.0 out of 5
August 15, 2023

Alex was hired to appraise our house. He completed in a VERY timely manner. He was very thorough and listened to our concerns and answered all of our concerns. We decided to List with Lake State. On the first day of the listing, we had more than 10 viewings. The house received multiple offers and was sold in ONE day!!!

We couldn’t be happier with the whole process. We were assisted all the way through closing. A very successful and wonderful experience!!!

Alexis Rossow

Rated 5.0 out of 5
August 15, 2023

We recently worked with Lake State Realty primarily with Alex and we had a fantastic experience. This was our first home purchase and he was very helpful showing us many, many houses and walking us through the process. We found the perfect house! I would highly recommend using Lake State Realty to anyone who asks.

Featured Clients

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

    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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