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Single Family ResidenceResidential
$329,323$181 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

723 COLONIAL CIR

FARIBAULT, MN 55021
2
Beds
1
Baths
1,821 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.22 ac
Lot SizeThe size of the land the home sits on, from county records.
1979
Year BuiltThe year the home was originally built, according to county records.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$329K
$302K low$357K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,040 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$352,800 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$58,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$294,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$342,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$352,800

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Split Foyer
CountyRICE
Lot (acres)The size of the land the home sits on, from county records.0.22
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 112 ft²Porch · 307 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Jefferson Elementary SchoolC-
Elementary · Grades KG–5 · 0.4 mi
H
Faribault High SchoolC
High · Grades 9–12 · 0.4 mi
M
Faribault Middle SchoolD
Middle · Grades 6–8 · 1.1 mi

District: Faribault Public School District

Neighborhood · ZIP 55021These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.106
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.11

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.31,482
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.164 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$67,981
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$90,459
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

723 Colonial Cir measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Costs less per square foot than 77% of homes in Rice County
  • Bigger than 79% of homes in Faribault 55021
  • Has a smaller lot than 76% of homes in Rice County

What homes are worth in Faribault 55021

Each bar is how many homes fall in that price range. The marker is this home.

This home
$120K$802K

This home is worth more than 59% of homes in Faribault 55021.

How it measures up in Faribault 55021

The dot is this home. The mark in the middle is the typical home in Faribault 55021.

Estimated value$329,323
CheaperTypical $294,437Pricier

Pricier than 59% of homes nearby

Price per ft²$181
CheaperTypical $211Pricier

Pricier than 32% of homes nearby

Living area1,821 ft²
SmallerTypical 1,348 ft²Bigger

Bigger than 79% of homes nearby

Lot size0.22 ac
SmallerTypical 0.3 acBigger

Bigger than 28% of homes nearby

Year built1979
OlderTypical 1972Newer

Newer than 60% of homes nearby

How 723 Colonial Cir ranks against every home in each area.
MeasureThis homeFaribault 55021Rice County
Estimated valuepricier than$329,32359% of homes45% of homes
Price per ft²pricier than$18132% of homes23% of homes
Living areabigger than1,821 ft²79% of homes75% of homes
Lot sizebigger than0.22 ac28% of homes24% of homes
Year builtnewer than197960% of homes52% of homes

About 723 Colonial Cir

How much is 723 Colonial Cir, Faribault, MN worth?

The TopHap Estimate for 723 Colonial Cir, Faribault, MN is $329,323 as of Sep 24, 2026. The likely range is $301,906 to $356,740. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 723 Colonial Cir, Faribault, MN last sell?

723 Colonial Cir, Faribault, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 723 Colonial Cir, Faribault, MN?

723 Colonial Cir, Faribault, MN has 2 bedrooms, 1 bathrooms, 1,821 square feet of living space and a 0.22-acre lot.

When was 723 Colonial Cir, Faribault, MN built?

723 Colonial Cir, Faribault, MN was built in 1979, making it 47 years old. It is a split foyer home.

What schools serve 723 Colonial Cir, Faribault, MN?

723 Colonial Cir, Faribault, MN is assigned to Jefferson Elementary School (elementary), rated C-; Faribault High School (high), rated C; Faribault Middle School (middle), rated D. All sit in Faribault Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 723 Colonial Cir, Faribault, MN compare to other homes in Faribault 55021?

Among the 11,107 homes in Faribault 55021, it is worth more than 59% of them ($329,323 against a typical $294,437), its price per square foot is higher than 32% of them ($181 against a typical $211), it is bigger than 79% of them (1,821 ft² against a typical 1,348 ft²), its lot is bigger than 28% of them (0.22 ac against a typical 0.3 ac) and it is newer than 60% of them (1979 against a typical 1972). Measured against all of Rice County, it is worth more than 45% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 723 Colonial Cir, Faribault, MN?

The 2026 property tax bill for 723 Colonial Cir, Faribault, MN was $4,040. The county assessed it at $352,800.

More homes on Colonial Cir

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