You can resolve this issue by manually changing the version numbers in .sln and .csproj files.
In .csproj and .csproj.user
change ToolsVersion
to your current Visual Studio version. VS 2013 is version 12, VS 2015 is version 14.
In .sln change VisualStudioVersion
to the current version, you can find it in the About window.
Also change Microsoft Visual Studio Solution File, Format Version
to your current version (eg 14.00, 12.00)
Note: This only works for built-in assemblies. If external dependencies (like Prism) cause this error, you'd have to recompile them using the new Blend SDK. You could also try to update the dependency, maybe the newest version is already compiled using the latest Blend SDK.