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

Lisa Perl

Rated 5.0 out of 5
January 29, 2022

I’ve spoke to several real estate professionals in the Elk River area and Julie Swartz was by far the most experienced person, I’ve spoken to. She answers your questions, before you even have to ask. Julie gave an outlook, evaluating and analyzing the situation. Extremely knowledgeable professional. Very glad I spoke to her 🙂

Barry Thomas

Rated 5.0 out of 5
January 15, 2022

Looking for a hard working, honest, professional and someone you can trust to get your Home Sold. We contracted Alex for selling our White Bear Lake Home 2 years ago. The pictures and advice he had helped sell our home in 1 Day.

2 years later we contracted Alex again to sell my wife’s mother’s home. Not in the best condition but in a great location of Little Canada. This home sold in 7 Days.

My Wife and I Recommend Alex Schwartz to Get Your Home Sold by a Great Guy.

Dan Buettner, Jr.

Rated 5.0 out of 5
February 12, 2021

The team at Lake State Realty went above and beyond. In the time of covid it is hard to make a personal connection with a service provider when limited to phone correspondence. But Julie and her team were responsive at all hours via phone, text message, and in person, to help us when we were in a squeeze. The subject matter mastery was stand alone impressive, but the human desire to understand our unique situation and to help with our challenges is what really made this service exceptional.

Featured Clients

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

    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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