Market Conditions in Madison : Advice

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Laurel Jenki…, Real Estate Pro in Madison, WI
Laurel Jenkins answered:
Is it a good neighbourhood?
That condo is located near Our Redeemer Lutheran Church/School. Elver Park, and the West District Police Station. I sold a condo in Winchester Condo Association last year to one of my b ... more
0 votes Share Flag Sat Dec 14, 2013 Market Conditions in Madison
R Jog, Home Buyer in Truckee, CA
R Jog answered:
Re: Property taxes. For 1902 E. Dayton, Trulia estimate is $107 monthly property taxes. Tax history shows $2729 pd in 2012, which is $227 month. ???
Trulia is too lazy to use the actual info even though it is readily available and easy to use.
0 votes Share Flag Thu Dec 5, 2013 Market Conditions in Emerson East
Eric Reusch, Real Estate Pro in Dane County, WI
Eric Reusch answered:
How does Trulia estimate property taxes? I see $3083 paid last year. 3083 div by 12 = $257mo, but Trulia says $120 month. Confusing.
According to the Realtors MLS, last years taxes were 3164 .- Trulia and Zillow pull most of their info from various company websites and tax records but do nothing to actually verify da ... more
0 votes Share Flag Fri Oct 11, 2013 Market Conditions in Madison
Seth Peterson, Real Estate Pro in Madison, WI
Seth Peterson answered:
How far from MATC?
6 miles. Probably about a 10 minute drive.
1 vote Share Flag Thu Oct 10, 2013 Market Conditions in Madison
Eric Reusch, Real Estate Pro in Dane County, WI
Eric Reusch answered:
How many kids live in the area? I have a kid about 5 years and would lkie him to find the playmates. Thanks.
Contact the school district for the best info on your question
0 votes Share Flag Thu May 30, 2013 Market Conditions in Madison
Paul, Real Estate Pro in Dane County, WI
Paul answered:
We are looking to relocate to downtown Madison for retirement in 5 years. Is the rental in a condo/townhouse enough to cover expenses?
While he does lack social skills, Bill has a point:

5 years is a v e r y l o n g time. Five years ago, we were in the midst of a bursting bubble, prices had a ways to ... more
0 votes Share Flag Fri Jul 27, 2012 Market Conditions in Madison
Ginny Damman, Real Estate Pro in Dane County, WI
Ginny Damman answered:
5323 Brody Drive #103, Madison WI 53705
Sorry, I found it! It is2 bedrooms, 1 1/2 baths, Condo Fee 145, 990 Sq. ft. :listed for $81,000. I live in a condo at Cherokee and do know about the ins and outs. If you would like to ... more
0 votes Share Flag Tue Apr 24, 2012 Market Conditions in Madison
Marie Souza…, Real Estate Pro in Centerville, MA
Marie Souza Team answered:
Where is your local market headed? Has it turned the corner? Headed Up? Down? Flat?
We've been CRAZY BUSY (Cape Cod, MA). Who knows what the future will bring, especially since this is an election year, but right now we are happy to be selling lots of property! B ... more
0 votes Share Flag Sat Feb 4, 2012 Market Conditions in Madison
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
What do you expect from your home & condo markets in Aug & Sept? I expect stronger home sales & weaker condo sales based on pending sales
Shawn,

We would expect the same for our location for a variety of reasons.

First, the pre-crisis building frenzie saw condo development in excessive numbers. A large portion of t ... more
0 votes Share Flag Mon Aug 1, 2011 Market Conditions in Madison
The Birschba…, Real Estate Pro in Madison, WI
The Birschbach Team answered:
can I find assessed vs sale price of lake homes?
Hi Michael,

The easiest way to find the assessed value of a home is to go out the city of Madison assessor website. You can plug in street addresses by a range. You can also get ... more
0 votes Share Flag Sat Apr 30, 2011 Market Conditions in Madison
Mike Adler, Real Estate Pro in Dane County, WI
Mike Adler answered:
Is there any difference in value for a lower level (split level, above grade) or a regular basement?
James: Determining values is really in the eyes of the buyer for your home. In general, exposed lower levels have much more value than a regular basement that is not exposed or a lowe ... more
0 votes Share Flag Fri Dec 18, 2009 Market Conditions in Madison
Kristi Ross, Real Estate Pro in Madison, WI
Kristi Ross answered:
Has the Madison real estate market been hit has hard by the economy as the Southeastern part of the state?
Runnergirl262,
You will hear various opinions of what has been "hard" for this market. In comparison to what the media has put out there nationally, Madison has faired well. ... more
0 votes Share Flag Sat Aug 29, 2009 Market Conditions in Madison
Liz Erickson, Real Estate Pro in Madison, WI
Liz Erickson answered:
How can I find out the "list to sell" ratio for home prices in an area?
I realize that this is late, per the date of your inquiry, but here's some helpful & current information.

As of April 1st, appraisers have many more hurdles to jump when doing their ... more
0 votes Share Flag Tue Apr 14, 2009 Market Conditions in Madison
Stephanie Wi…, Real Estate Pro in Cullman, AL
Stephanie Wilson answered:
We are considering buying a home in the Waterford, Heritage Plantation subdivision in Madison Al.
McCabe,
If you are considering Madison, AL, I have great news! The Madison County / Madison / Huntsville area real estate market is a healthy market, unlike many other areas of the nat ... more
0 votes Share Flag Tue Sep 30, 2008 Market Conditions in Madison
Gail Rutkows…, Real Estate Pro in Madison, WI
Gail Rutkowski answered:
Do the Stats & Trends include condominiums?
Local statistics for the South Central Wisconsin area are compiled monthly, and differ from other parts of the country. The economy is all local (I'm sure you heard that before!)

T ... more
1 vote Share Flag Tue Sep 30, 2008 Market Conditions in Madison
Darren Kittl…, Real Estate Pro in Madison, WI
Darren Kittleson answered:
How does the city of Madison (WI) calculate assessment value? What does it reflect?
Karen's answer is right on the mark. There are many factors that might come into play with the city's valuation of the property vs. what fair market value is in today's market. I alwa ... more
0 votes Share Flag Sat Jun 21, 2008 Market Conditions in Madison
Jenny Persha, Real Estate Pro in Madison, WI
Jenny Persha answered:
Are homes selling in Madison, WI?
Angel hit the nail on the head! My buyers' that drag their feet are losing out on their favorite properties. The best priced homes seem to get multiple offers. Have you thought of us ... more
0 votes Share Flag Sun May 25, 2008 Market Conditions in Madison
Rachel Baehr, Real Estate Pro in Sun Prairie, Madison,...
Rachel Baehr answered:
Are lease-options on homes in Madison common? How do I find them?
Ashley,
Most homeowners in Madison do not make a common practice of the Lease with Option scenario. However, that being said, I know of about 5-10 properties in the Madison and surrou ... more
0 votes Share Flag Tue Apr 1, 2008 Market Conditions in Madison
Rudy McCormi…, Real Estate Pro in Milwaukee, WI
Rudy McCormick answered:
As a buyer or seller, what do you consider to be most relevant when looking at market conditions???
I would say that knowing that the market is working through a tough time, that your realtor/firm's web site and traffic are the 2 largest keys for buying or selling today.
0 votes Share Flag Tue Apr 1, 2008 Market Conditions in Madison
Rudy McCormi…, Real Estate Pro in Milwaukee, WI
Rudy McCormick answered:
I want to know what is a good estimate of dollars per square foot when finishing a basement.
It depends on what your plans are for it. I would reccomend that you keep the cost down to around $25 per sq foot. This will be a close gauge of what an appraisal should bring.
0 votes Share Flag Tue Apr 1, 2008 Market Conditions in Madison
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