About Us

Meet the team

At Value Homes, we believe that everyone deserves a place they can call home. Since our inception in 2008, our founder Eric Ollestad has been committed to delivering exceptional real estate solutions that cater to the diverse needs of our clients. We are proud to be a leading real estate developer specializing in short, mid, and long-term rentals, as well as the development of single and multi-family homes designed for modern living.

At the core of our philosophy lies the understanding that a home is not just a physical structure, but a sanctuary where memories are made and dreams are nurtured. Whether you are seeking a temporary residence or a long-term investment opportunity, we are here to assist you in finding the perfect property that meets your unique requirements.

Our team of dedicated professionals brings together years of experience in the real estate industry. From expert architects and skilled construction crews to seasoned property managers and attentive customer service representatives, we have assembled a talented group of individuals who are passionate about what they do. This collective expertise allows us to deliver exceptional quality,


Chief Executive Manager

Prior to acquiring his real estate license in 2013, Mr. Ollestad was a licensed mortgage originator for twelve years. He has also been purchasing, renovating, renting and selling real estate since 2005. Fast forward to 2022 and Eric Ollestad owns and manages more than 70 high quality rental units in Minneapolis and the surrounding communities. Eric loves sports and athletics and has a special knack for building long lasting friendships with people from all walks of life. A veteran of the Real Estate industry, Mr. Ollestad brings an experience level that is critical to the Company’s success.



Mrs. Ollestad’s responsibilities at Value Homes center on bookkeeping and administrative functions. Claudia Ollestad has 13 years’ experience in the areas of customer care, human resources and administrative management. Claudia is fluent in Spanish as she grew up in Medellin, Colombia. Prior to joining Value Homes, Claudia Ollestad held the positions of Office Manager at InteGrand Solutions, Personal Advocate at Cigna and Office Manager for a State Farm Insurance Agency. She loves to travel back to Colombia and for her there’s nothing better than planning a BIG Birthday Party or special event! And if there’s Salsa music playing you better be ready to dance! Claudia’s professional strengths lie in the area of bookkeeping and office administration.


Client Experience Specialist

Jessica Wiese has an amazing ability to multi-task and flat out get things done! Mrs. Wiese has an impressive resume including Branch Manager and Loan Officer at TCF Bank as well as Controller at Mauzy managing over 800 doors! She loves to travel to warm places, hike, eat seafood and cooking. For Value Homes Jessica is all things client related from initial Leases to Resident Portal to repairs and maintenance. Mrs. Wiese takes big time pride in providing all tenants the best living experience possible. She likes to go go go so Value Homes’ residents are in extremely good hands!


Director of Operations

Prior to her current position with Value Homes, Ms. Smith was a professional designer and stager for six years. She has always had an overwhelming passion for transforming residential homes. Amber was also a licensed title closer helping buyers and sellers complete their real estate transactions. Her career started in the non-profit world at the American Red Cross as an Executive Account Manager. She loves to crack jokes and have a good time at work and while getting together with friends and family. At Value Homes Amber Smith has really hit her stride using her gift of home design along with her ability to lead and manage people in order to help provide beautiful and functional homes to residents all over the Twin Cities. She’s basically the “Face of Value Homes” always smiling and having fun with the residents and workers as she handles all client related issues and project management.