Wisconsin Real Estate

Wisconsin Real Estate Explained

Wisconsin provides the perfect mix of medium sized city and small town living. For starters, it is also known as “America’s Dairy Land.” The state is very popular for having a rural, farming type of lifestyle. Its people have an air of friendliness and form communities which are more relaxed compared to the major cities of New York and Los Angeles.

If you’re looking at real estate in Wisconsin, check out its growing, thriving city of Milwaukee. Located in Southeast Wisconsin, it has an interesting topography in that it is bordered by Lake Michigan. Boasting close to 2 million people, it is one of the top 20 largest cities in the nation. Another asset of Milwaukee is that it is within an hour and a half’s drive from Chicago, making it even more of a strategic location. Right now, the city is going through some major changes in regards to its development, with the city council making significant upgrades to its appearance and park systems.

Its greatest asset is its park system, a premium for all of those seeking Wisconsin real estate for the purpose of buying a house there. With more than 150 parks and 20,000 acres of land for the sole purpose of recreation, it is an amazing place to play. Golf courses, pools, marinas, and other aquatic centers are scattered throughout the scene. Wisconsin’s winters are harsh, but it makes up for plenty of it during the warmer months.

For sports enthusiasts looking for Wisconsin real estate, there is the entire spectrum of professional sports Milwaukee has to offer. It holds a professional basketball, baseball, and NPSL soccer team with the Green Bay Packers just a bit out of town. Its sports complexes are currently being renovated as well, which should drive real estate prices up a bit.

Another small town worth considering for Wisconsin real estate is Madison. Home to the University of Wisconsin, it is a college town which has been ranked as one of the top 10 places to live in the country. It offers everything that a large city does while maintaining its college town roots. As of this moment, Wisconsin real estate is pretty cheap compared to other states. A small home in Madison will cost you in the $150,000 to $200,000 range while the same sized home in Milwaukee costs around $100,000 to $120,000. Appreciation rates are slightly lower than the country average at 7 percent throughout the state.