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Monroe, WI

Get the facts on real estate rumors

07-27-10
Brenda Carus
Brenda Carus: Real Estate Agent in Monroe, WI
There have been a couple email rumors going around regarding new federal legislation and the potential consequences for home owners. We thought it would be helpful to address these issues on our blog today. Rumor: The new federal health care bill requires an additional 4% transfer tax on homes sold. Fact: The new federal health care bill has a 3.8% Medicare tax for some high-income households with net investment income. Starting in 2013, this tax applies only home households with adjusted gross incomes of over $250,000 and would only be charged on home-sale proceeds that exceed the capital gains exclusion of $500,000. If filing individually, these figures change to incomes over $200,000 and home sale proceeds over $250,000. Rumor: The energy bill that Congress is working on would require home sellers to obtain an energy audit or make energy retrofits before selling.

Fact: The bill as written at this point would require new construction to be energy-labeled, but it does not allow states to require new ratings when the homes are sold.

FactCheck.org did a nice job answering this question with references on their website earlier this year.

If you come across any other rumors about these issues or others regarding changing rules for selling or buying a home, please ask our Facebook page, leave a comment, or drop us an email. We will check into it for you. We are here to help with all types of real estate questions here in the Green County area.

History changes hands

07-27-10
Brenda Carus
Brenda Carus: Real Estate Agent in Monroe, WI
Congratulations on becoming the newest owner of a building in Monroe's Historic Downtown, Faustino!

Marc, congratulations on selling your building, and best of luck with your next endeavor!

It was great to work with both of you.
Whether you are hoping to sell something like Marc or are looking to purchase just the right property like Faustino, give Brenda or Luis a call or check out our website to send us a message. We are here to help with all of your real estate needs in the Green County area.

June 2010 Market Report for Green County, WI

07-27-10
Brenda Carus
Brenda Carus: Real Estate Agent in Monroe, WI
Regarding the number of single family homes that sold in Green County in June of 2010:
  • 29 homes sold in June of 2010,
  • The homes were on the market for an average of 106 days,
  • The average sale price was $143,386,
  • The median sale price was $128,000,
  • The highest priced property sold was $322,000,
  • The lowest priced property sold was $27,000.
Let's compare with June of 2009:
  • 32 homes sold in June of 2009,
  • The homes were on the market for an average of 159 days,
  • The average sale price was $148,459,
  • The median sale price was $140,957,
  • The highest priced property sold was $375,900,
  • The lowest priced property sold was $43,000.
Many of the numbers are holding steady against this month last year, but it is great to see that the average days on market is significantly lower again.

Six homes in the over $200,000 price range sold last month. Considering how hard this price range was hit during the last year and a half, it is good to see some signs of life in the higher priced market.

First time home buyers are so much fun!

07-27-10
Brenda Carus
Brenda Carus: Real Estate Agent in Monroe, WI
Congratulations on your first home, Cori! We hope that you will spend many happy years there.

If you dream of a photo of standing in front of your first home in the Monroe, WI area, give Brenda or Luis a call or check out our website to send us a message. We will be happy to work with you to help you find just the right home, whether it is your first home or if you are upsizing or downsizing.

Great NEW County Home for Sale with 6.5 ac

Scott Larson SRES : Real Estate Agent in Monroe, WI
Scott Larson SRES | Towne Square Realty | (608) 214-9844
N3992 Balls Mill RD, Monroe, WI
4BR/3BA Single Family House
offered at $219,900
Year Built 2006
Sq Footage 2,565
Bedrooms 4
Bathrooms 3 full, 0 partial
Floors 1
Parking 2 Car garage
Lot Size 6.5 acres
HOA/Maint $0 per month

DESCRIPTION

Welcome to the country. Relax on you 6.5 ac. 4br, 3bath, piece of paradise. Plenty of room for the whole family in this spacious open floor plan. Stand out features: 1st floor Master bedroom with whirlpool tub, 1st floor laundry, all appliances inc., wood and tile floors, and large raised deck. Heating is a snap with your LP furnace or outside wood stove. This home was built to last and you won’t be disappointed. Priced to sell

see additional photos below
PROPERTY FEATURES

- Central A/C - Central heat - High/Vaulted ceiling
- Walk-in closet - Hardwood floor - Tile floor
- Family room - Living room - Office/Den
- Dining room - Breakfast nook - Dishwasher
- Refrigerator - Stove/Oven - Microwave
- Basement - Washer - Dryer
- Laundry area - inside - Balcony, Deck, or Patio - Yard

ADDITIONAL PHOTOS


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Contact info:
Scott Larson SRES
Towne Square Realty
(608) 214-9844
For sale by agent/broker

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Posted: Jul 15, 2010, 7:27am PDT