October 2015 Home Sales

Here they are...the long awaited home sales on the near west side for October 2015.  While activity has slowed somewhat, buyers are still out like crazy!  If you are considering selling, now would be a good time to start planning for 2016!

4513 Odana Rd Madison, WI

Sold: $305,000

4 Bed, 2 Bath	Built in 1960
Sold On 10/06/15	1672 sqft
Price/sqft: $182

5429 Regent St Madison, WI

Sold: $271,000

3 Bed, 2 Bath	Built in 0
Sold On 10/06/15	1619 sqft
Price/sqft: $167

2502 Kendall Ave Madison, WI

Sold: $305,100

2 Bed, 2 Bath	Built in 0
Sold On 10/06/15	1824 sqft
Price/sqft: $167

4102 Mandan Cres Madison, WI

Sold: $704,700

4 Bed, 4 Bath	Built in 0
Sold On 10/05/15	3705 sqft
Price/sqft: $190

2553 Commonwealth Ave Madison, WI

Sold: $399,000

3 Bed, 1 Bath	Built in 0
Sold On 10/05/15	1578 sqft
Price/sqft: $253

555 S Midvale Blvd Unit 316 Madison, WI

Sold: $310,000

2 Bed, 2 Bath	Built in 0
Sold On 10/02/15	1241 sqft
Price/sqft: $250

3802 Manitou Way Madison, WI

Sold: $263,000

3 Bed, 2 Bath	Built in 0
Sold On 10/02/15	1644 sqft
Price/sqft: $160

617 Sprague St Madison, WI

Sold: $429,900

3 Bed, 2 Bath	Built in 0
Sold On 10/02/15	1765 sqft
Price/sqft: $244

1507 Sumac Dr Madison, WI

Sold: $610,000

4 Bed, 4 Bath	Built in 0
Sold On 10/01/15	2621 sqft
Price/sqft: $233

5518 Tesla Ter Madison, WI

Sold: $149,900

2 Bed, 1 Bath	Built in 0
Sold On 10/01/15	812 sqft
Price/sqft: $185

2223 Chamberlain Ave Madison, WI

Sold: $518,500

4 Bed, 3 Bath	Built in 0
Sold On 10/01/15	2556 sqft
Price/sqft: $203

5313 Coney Weston Pl Madison, WI

Sold: $315,000

3 Bed, 3 Bath	Built in 0
Sold On 09/30/15	2499 sqft
Price/sqft: $126

5422 South Hill Dr Madison, WI

Sold: $361,000

4 Bed, 3 Bath	Built in 1966
Sold On 09/29/15	2345 sqft
Price/sqft: $154

5129 Flambeau Rd Madison, WI

Sold: $215,000

3 Bed, 1 Bath	Built in 0
Sold On 09/28/15	1216 sqft
Price/sqft: $177

2233 Commonwealth Ave Madison, WI

Sold: $495,000

4 Bed, 3 Bath	Built in 0
Sold On 09/24/15	2179 sqft
Price/sqft: $227

5158 Juneau Rd Madison, WI

Sold: $314,900

3 Bed, 3 Bath	Built in 0
Sold On 09/24/15	2250 sqft
Price/sqft: $140

3134 Oxford Rd Madison, WI

Sold: $619,000

4 Bed, 2 Bath	Built in 0
Sold On 09/23/15	2726 sqft
Price/sqft: $227

586 N Midvale Blvd Madison, WI

Sold: $165,000

1 Bed, 1 Bath	Built in 0
Sold On 09/23/15	766 sqft
Price/sqft: $215

705 Oneida Pl Madison, WI

Sold: $325,000

2 Bed, 2 Bath	Built in 0
Sold On 09/23/15	1790 sqft
Price/sqft: $182

4338 Travis Ter Madison, WI

Sold: $254,000

3 Bed, 2 Bath	Built in 0
Sold On 09/22/15	2716 sqft
Price/sqft: $94

617 Western Ave Madison, WI

Sold: $214,500

2 Bed, 1 Bath	Built in 0
Sold On 09/22/15	720 sqft
Price/sqft: $298

4109 Mandan Cres Madison, WI

Sold: $1,300,000

5 Bed, 4 Bath	Built in 0
Sold On 09/18/15	4594 sqft
Price/sqft: $283

201 Larkin St Madison, WI

Sold: $186,000

1 Bed, 1 Bath	Built in 0
Sold On 09/18/15	870 sqft
Price/sqft: $214

3809 Meyer Ave Madison, WI

Sold: $330,000

4 Bed, 2 Bath	Built in 0
Sold On 09/17/15	1204 sqft
Price/sqft: $274

The Home Buying Process-In a Nutshell!

The home-buying process is long and can be confusing, even to those that have gone through it before.  Take a look at this graphic, “The Road to Homeownership”.  It's a simplified, illustrated guide to the home-buying process.  As always, I'm happy to help guide you along the way!

Are There Drawbacks to Owning an Old House?

Old houses, we love them and we hate them!  

If you live on the near west side of Madison, (between the Capitol and the Westmorland neighborhood), the houses were built between the early 1900's and about 1945.  That is considered "old" in human-years.  You certainly can't beat the character and charm of an old house, but there can be drawbacks.  Old, drafty windows; "sketchy" foundations; and cracking plaster, to name a few.  And then there's the plumbing! The list could be long. 

If you live in an old house, or aspire to, here's a great article on things to think about.  An old house can be wonderful! But it's important to do your research.

It's also wise to engage a good Realtor who is familiar with older homes and the neighborhoods that contain them.  Of course, a good inspector who is familiar with older homes is a bonus, too!   

Food for Thought on Interest Rates

Looking back over the last 6 months, I have mentioned several times that I believe interest rates will be heading up soon and that buyers need to put every effort possible into buying a home. "Preaching to the Choir" would be a fair assessment of responses received from home buyers in a market that regularly produced multiple offers on homes listed, and many cases where offer price exceeded asking price. So why do I devote yet more space to this "old" story?

  I want to address the other side of that broken record.

Namely, those of you who already own your home and feel content that you have secured a living environment that will be "adequate" for the next several years. For those who think they may have one more move in their future, serious consideration to moving needs to be front and center for you right now. History has shown us that interest rates regularly cycle from high to low and back again. The last time rates were this low? The 1960s...yes, over 50 years ago. If rates do start heading up, (which is actually quite possible in December) it is not likely that most of us will be able to wait 50 years before moving again.

Just some food for thought as the year winds to a close.  Do your thinking now.   Another spring Real Estate season will be here before you know it!

September 2015 Home Sales

I know, I know...this topic is everyone's favorite: area home sales!  Well, here's the list of what SOLD on the near west side of Madison in September.  Recognize any??

4109 Mandan Cres Madison, WI

Sold: $1,300,000

5 Bed, 4 Bath	Built in 0
Sold On 09/18/15	4594 sqft
Price/sqft: $283

201 Larkin St Madison, WI

Sold: $186,000

1 Bed, 1 Bath	Built in 0
Sold On 09/18/15	870 sqft
Price/sqft: $214

3809 Meyer Ave Madison, WI

Sold: $330,000

4 Bed, 2 Bath	Built in 0
Sold On 09/17/15	1204 sqft
Price/sqft: $274

118 S Whitney Way Madison, WI

Sold: $295,000

4 Bed, 3 Bath	Built in 0
Sold On 09/16/15	2011 sqft
Price/sqft: $147

4329 Somerset Ln Madison, WI

Sold: $286,000

3 Bed, 2 Bath	Built in 0
Sold On 09/16/15	2062 sqft
Price/sqft: $139

23 Walworth Ct Madison, WI

Sold: $230,000

3 Bed, 1 Bath	Built in 0
Sold On 09/15/15	1648 sqft
Price/sqft: $140

3926 Nakoma Rd Madison, WI

Sold: $365,000

3 Bed, 2 Bath	Built in 0
Sold On 09/15/15	1945 sqft
Price/sqft: $188

3805 Meyer Ave Madison, WI

Sold: $299,250

3 Bed, 2 Bath	Built in 0
Sold On 09/14/15	1788 sqft
Price/sqft: $167

3507 Gregory St Madison, WI

Sold: $275,000

3 Bed, 2 Bath	Built in 0
Sold On 09/14/15	1372 sqft
Price/sqft: $200

646 Anthony Ln Madison, WI

Sold: $294,000

4 Bed, 1 Bath	Built in 0
Sold On 09/11/15	1787 sqft
Price/sqft: $165

257 S Segoe Rd Madison, WI

Sold: $298,900

3 Bed, 2 Bath	Built in 0
Sold On 09/11/15	1876 sqft
Price/sqft: $159

2246 Rowley Ave Madison, WI

Sold: $566,580

4 Bed, 4 Bath	Built in 0
Sold On 09/10/15	3020 sqft
Price/sqft: $188

5321 Manitowoc Pkwy Madison, WI

Sold: $260,000

3 Bed, 4 Bath	Built in 0
Sold On 09/09/15	2439 sqft
Price/sqft: $107

305 S Segoe Rd Madison, WI

Sold: $268,000

3 Bed, 2 Bath	Built in 0
Sold On 09/09/15	1840 sqft
Price/sqft: $146

225 Westmorland Blvd Madison, WI

Sold: $268,900

3 Bed, 2 Bath	Built in 0
Sold On 09/09/15	1778 sqft
Price/sqft: $151

663 Pickford St Madison, WI

Sold: $425,000

3 Bed, 2 Bath	Built in 0
Sold On 09/08/15	2178 sqft
Price/sqft: $195

2215 Rowley Ave Madison, WI

Sold: $362,500

3 Bed, 1 Bath	Built in 0
Sold On 09/08/15	1326 sqft
Price/sqft: $273

4154 Manitou Way Madison, WI

Sold: $575,000

4 Bed, 3 Bath	Built in 0
Sold On 09/08/15	2196 sqft
Price/sqft: $262

3972 Plymouth Cir Madison, WI

Sold: $510,000

3 Bed, 4 Bath	Built in 0
Sold On 09/02/15	3054 sqft
Price/sqft: $167

633 Sprague St Madison, WI

Sold: $325,000

3 Bed, 2 Bath	Built in 0
Sold On 09/02/15	1281 sqft
Price/sqft: $254

2105 Keyes Ave Madison, WI

Sold: $389,000

4 Bed, 2 Bath	Built in 0
Sold On 09/02/15	1823 sqft
Price/sqft: $213

1826 Rowley Ave Madison, WI

Sold: $402,000

3 Bed, 2 Bath	Built in 0
Sold On 09/02/15	1517 sqft
Price/sqft: $265

871 Waban Hl Madison, WI

Sold: $165,000

3 Bed, 3 Bath	Built in 0
Sold On 09/02/15	2187 sqft
Price/sqft: $75

206 Richland Ln Madison, WI

Sold: $335,900

4 Bed, 3 Bath	Built in 0
Sold On 09/02/15	2204 sqft
Price/sqft: $152

3411 Sunset Dr Madison, WI

Sold: $855,000

5 Bed, 4 Bath	Built in 0
Sold On 09/02/15	4480 sqft
Price/sqft: $191

917 Hampshire Pl Madison, WI

Sold: $245,000

4 Bed, 3 Bath	Built in 0
Sold On 09/01/15	2150 sqft
Price/sqft: $114

401 Hilldale Ct Madison, WI

Sold: $164,000

2 Bed, 1 Bath	Built in 0
Sold On 09/01/15	871 sqft
Price/sqft: $188

1121 Sunridge Dr Madison, WI

Sold: $301,500

3 Bed, 3 Bath	Built in 0
Sold On 09/01/15	2636 sqft
Price/sqft: $114