The harsh realities of a Sellers' Market....mean that you Mr./Mrs./Ms Buyer can still choose how much you PAY for a property...what you CAN'T choose is what you GET for what you pay.
On the top of many Buyer's lists/lips is the quality of the school district...whether or not school age children are part of the family, it is a safeguard that one can build the rest of the wish list around and a primary factor in re-sale. Wisconsin residents value education highly and the areas with the best school districts are always the most popular places to live...we have yet to see the quality of education take any major declines in these areas. Whether, as a buyer you know you are going to live here a short time...or what may be as "forever" as you can forecast...the quality of the school system should be number one on your lips/list.
With the quality of the schools comes the property taxes...and while there are some counties/communities with lower taxes than others...Property taxes in Wisconsin fund school systems so you don't get one without paying for the other.
The market is about upgrades/updates....not just your high efficiency furnace...newer roof and insulation which buyers have come to expect as "normal"....but the quartz counters, updated kitchen and baths and pleasing colors are all ingredients in today's market for "eye appeal" and people willing to pay more for what is already done and they will not have to do...likely at a higher price.
Soooo our advice is ....outline your priorities...begin with the schools....look at your commute to work...look at updates that exist vs those you may choose to add....whether it is a finished lower level or additional landscaping...weigh the costs...the time....and what you can choose to live with/without.
Our crystal ball is a little foggy...no we can't tell you in 3 years what the market will be... we wish you all the best and will guide you all the most if you are choosing to move to Southeastern Wisconsin.
This has been a market informational post brought to you by Sally K. & David L. Hanson, Broker Associates with Keller Williams Realty.