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8.1/ 10
Very good
Recommended without reservation
A Red Wing resident who spent years renovating homes locally before selling them, backed by a genuinely unusual second career teaching business, tax, and accounting.
Pros
- ✓78 closed sales in the last five years ($22.8M total), spanning $145K to $1.2M
- ✓Rare combination of hands-on home renovation experience with a formal business/tax/accounting background
- ✓NAR (National Association of Realtors) member designation
- ✓Explicit "New Construction" experience listed alongside standard resale
- ✓Long-time Red Wing resident, not a commuting agent
Cons
- ✗Splits time between a teaching job and real estate, which may affect availability compared to a full-time-only agent
- ✗No independently published review count found, so client-satisfaction claims can't be externally verified
- ✗Fewer total transactions than the busiest agents in this market
Agent overview
Lyle Stelter sells through Coldwell Banker Nybo & Associates and pairs real estate with a parallel career teaching business and accounting — currently at Dakota County Technical College, previously at Minnesota State College - SE Technical. He lives in Red Wing and has spent years personally renovating homes in the area.
Core specialties
Renovation-savvy resale
Years spent personally renovating Red Wing homes translate into a practical read on what a fixer-upper is actually worth, and what it'll cost to bring up to shape.
New construction
Listed explicitly as an area of experience alongside standard resale — useful if you're comparing a new build against existing housing stock.
Commission & fees
Not publicly listed; typically negotiable
Who this agent is for
Buyers eyeing a fixer-upper
His renovation background is a genuine differentiator for anyone weighing a project house rather than a move-in-ready one.
Sellers or buyers who want tax/accounting fluency
His day job teaching business and accounting is directly relevant to understanding the financial side of a real estate transaction.
Not for
Buyers who need an agent reliably available on short notice during weekday business hours, given his concurrent teaching schedule.
Verdict
A solid, locally-rooted pick with a genuinely distinctive skill set for renovation and new-construction deals, though his review footprint online is thin enough that you're taking his track record largely on the transaction data itself.
Score: 8.1 / 10 · Very good
Areas served
Common questions about Lyle Stelter
Does Lyle Stelter only work with renovation projects?
No — his sold listings on homes.com span standard single-family resale, townhomes, condos, and land, with renovation and new-construction knowledge as an added strength rather than his only focus.
Is he a full-time real estate agent?
He also teaches in the business department at Dakota County Technical College alongside selling real estate, per his own brokerage bio.
What areas does he cover?
Primarily Red Wing, with listings also appearing in Cannon Falls, Frontenac, Lake City, and Welch, consistent with the broader Coldwell Banker Nybo & Associates service area.