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Downtown Madison condos are on the rebound. Prices in Madison's Downtown dropped by 20% from 2006 to 2011. In 2012, Madison buyers responded to lower prices and returned to the downtown condo market in a big way. As you'll see from the graph at the bottom of this post, the price per square foot actually increased in 2012, as the market settled into a much better balance between supply and demand.
Buying a home in the Madison area and in need of a loan? We've worked with hundreds of buyers over the years, and we've collected their feedback about the lenders who assist them with their mortgages. Over time we've developed a network of service-oriented lenders who are universally loved by their clients for their exceptional service. Each of these lenders has different strengths and areas of expertise, so we're happy to refer you to a lender who is a good match for you and your specific situation. Just let us know how we can help!
Home values on the near west side have weathered the real estate downturn like no other area of Madison. Classic west side subdivisions like the Hill Farms, Westmorland, Sunset Village, Nakoma, and Dudgeon-Monroe neighborhoods have always been in high demand, and will continue to be highly coveted in the years ahead.
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Buying a home in Madison? With low rates and lower prices, many other buyers have decided to jump into the market, too. Home and condo sales are way up; and inventory is at its lowest level in several years.The good news for buyers is prices are beginning to rebound in many Madison area neighborhoods. The challenge for buyers is many homes are being snatched up very quickly, even within days of going on the market.
The Bentley Green Condominiums on the far west side of Madison offer an abundance of space, tranquility, and modern conveniences. Our featured end-unit at 9052 Paddington Parkway offers an incredible value as well. This 3 bedroom, 3.5 unit with over 3,000 finished square feet has it all. A modern, open layout with a great room that features a dramatic 2 story ceiling. Granite counter tops and high-end stainless steel appliances. Hardwood floors. A large master bedroom suite with a walk-in closet and master bath with tile shower surround. A cozy lower level family room with custom built-ins and gas fireplace. At $315,000 this unit has all the features you expect in a modern, luxury condo - except for the price. This is the best-priced condo in Bentley
Madison, WI condos are very popular for many reasons. As the baby boomers age, more and more are choosing the easier condo lifestyle as an alternative to the high-maintenance single-family home lifestyle. But how does moving into a condo affect your life on a day-to-day basis? Of course, the largest change you'll have to make is living in a smaller space. However, you might be surprised at how large some Madison condos are. There are many available at affordable price ranges with over 2,000 square feet. We've put together a few points of consideration for those moving into a condo from a detached home, and even those just downsizing to a smaller abode. These are potential pros and cons you might not think about when downsizing.