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Horace, ND

Lost River — Horace, ND Homes for Sale

2026 Home Prices & Tax Credit Guide

Lost River Horace: 2026 Strategy & Estate Guide

By Christopher Leigh, Broker/Owner

Lost River is the premier “Legacy Asset” corridor in Horace. Based on our full-year 2025 market audit, this neighborhood commands a $610,099 median sold price, reflecting its position as a high-end estate community. Defined by its riparian scarcity and wooded Sheyenne River frontage, Lost River offers a level of privacy and custom architectural freedom that remains unmatched in the Fargo-Moorhead metro.

2025–2026 Neighborhood Performance

MetricValue
Median Sold Price$610,099
Avg. Time to Sell126 days
New Build Ratio45.4%
ND Tax Credit$1,600

Home Wealth: Estate Taxes & Utility Audit

Metric2025-2026 Audit StatsBuyer Strategy
Special Assessments$41,876 (Median)Funds premium estate-tier infrastructure
Lot ScarcityHigh (River/Wooded)Natural hedge against suburban inflation
Market SegmentPremium / CustomLower volatility than entry-level sectors
Exit TimelineBuy & Hold (7-10 Year)Prioritizes capital preservation

Location Check: Drive Times

DestinationDrive Time
Horace High3 min
Sanford Medical12 min
Microsoft Campus15 min
West Acres Mall17 min
NDSU Campus23 min
ServiceProviderContact
Fiber InternetReadiTech Fiber701-347-2020
ElectricityCass County Electric701-356-4400
Natural GasXcel Energy800-895-4999
City ServicesCity of Horace701-492-2972

School District Info

Students in Lost River attend Horace Elementary, Heritage Middle, and Horace High School.


Verified Authority Data: 2025 Market stats based on full-year closed transactions in the Fargo-Moorhead FlexMLS. School tracks verified via West Fargo Public Schools 2026 boundaries. Property tax data cross-referenced with the Cass County Treasurer and ND Tax Commissioner.

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Horace Area Map

Frequently Asked Questions

What is the 'Scarcity Value' of a Lost River asset?

Lost River is one of the few developments in the metro offering river-adjacent custom lots with wooded privacy. In a rapidly expanding city like Horace, this riparian scarcity acts as a natural long-term hedge against price volatility.

How does the 126-day average on market impact my strategy?

Luxury custom homes typically have a longer Days on Market (DOM) cycle. We recommend Lost River for 'Buy-and-Hold' investors and families planning a 7-10 year ownership window to maximize equity capture.

Is Lost River eligible for the $1,600 ND Primary Residence Credit?

Yes. Primary residents qualify for the $1,600 property tax credit. When combined with Horace's 2-year abatement on new construction, it provides significant carry-cost relief for high-value custom footprints.

Are special assessments higher in Lost River than in Southdale?

The median balance is approximately $41,876. While significant, it is lower than the newest high-density spec additions, as Lost River phases have begun to mature, reducing the remaining municipal debt load.

Which school track does this subdivision follow?

Lost River is anchored in the flagship 'Hawk Track.' Residents utilize Horace Elementary, Heritage Middle School, and Horace High School, which are all within a 3-minute drive.

Ready to explore Horace?

Talk to Christopher Leigh and the Vision Realty team.