The houses for sale on the north side of Madison offer the most home for the money compared to the real estate in any other side of town. As you'll see from the graph below, the north side "price per square foot" for single family homes was only $93 in 2012. This represents a 27% decrease from the peak year of 2006, when the average was $128 per square foot.
Many of the homes on Madison's north side were built in the middle of the century, a time when many high-quality, moderately-sized houses were constructed. If you're a buyer seeking an old-fashioned bungalow or ranch-style house at a reasonable price, the northeast side of town offers a good selection of real estate for your review.
Today's lower prices, low interest rates, and rising rents are causing many people to choose buying over renting in 2013. If you're considering buying your first home, be sure to talk to a lender about your home loan options, and read our guide for first-time home buyers.
Thinking of buying your first home in Madison? Contact us for a no-hassle consultation. We're here to help!
This article is published courtesy of: Dan Miller, REALTOR Mad City Dream Homes & RE/MAX Preferred