Are you looking at homes for sale near Madison WI? We know that trying to find a new home can be a daunting task. We’ve done some research and have compiled a list of what’s out there right now. Are you in the market now? Or considering buying soon? Read on to learn more about your options if you are looking at homes for sale in the Madison area!
Searching for a new home is not an easy task. There are so many logistics to think about: location, school district, distance from work, distance from shopping areas, neighborhood, distance from parks, lakes, recreation, etc. Do you want a home on the lake? Do you like city living, suburban lifestyle or a slower paced small town? Are you planning to stay in this house for only a few years or many years? Will your family size be growing? So many questions to ask yourself. We suggest you think all of this through before you begin your housing search, so you have a narrowed in focus of what you need and want in your next home!
Below is a general consensus of what’s on the market near Madison today.
Townhomes/Condos: There are a multitude of townhomes and condos available for purchase this fall. Prices range approximately $55,000-$200,000+ Prices vary with neighborhoods, amenities, age of building, etc. Things to consider include whether or not there is laundry in the unit and garage space or parking.
Single Family Homes: $78,000-$1,000,000+ We are finding the majority of single family homes for sale this fall are located east of Lake Mendota. Most are 2-3 bedroom homes. Things to consider are age of the home, location, work needing to be done on the home, garage space and parking.
Old/Victorian Style: Madison has a unique housing market of Victorian style homes. We are finding Victorian homes in the price range of $1,000,000 and up. You can find them on Lake Mendota all the way to the outer parts of the city. The big thing to consider here is whether or not you can afford such a home!
New Builds: There are a handful of new builds in the West Madison area near West Middleton and Five Points. Prices range $240,000-$500,000+ New builds come with less worry of repairs/remodeling. But are also less of a profitable investment when turning around and selling. We suggest considering new builds if you are planning to stay in them for the long haul.
We hope this quick capture of the current housing market in the Madison area is helpful in your search for a new home. Whether this is your first time or you are a seasoned buyer, it’s helpful to have a general overview of what is out there. In your housing search we suggest you team up with a realtor whom you enjoy working with. This way you have someone who can guide you through the process of finding homes for sale near Madison WI. Happy Home Searching!
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