Searching for a new home can be intimidating at first. Not familiar with Milwaukee and the various, diverse neighborhoods within the city? Research can help consumers determine which area best fits their living requirements. Here are four categories to check out before beginning a home search.
According to the Zillow Home Value Index, the
median Milwaukee home value is currently $91,600. The most expensive
neighborhood in Milwaukee is Northpoint, which is located right on the shores
of Lake Michigan. The median value of homes in this neighborhood is $376,600. For
those with a tighter budget, check out the Riverton Heights neighborhood. It is
more mid-range with a median home value of $91,900. Of course, there is more to
finding a home than cost alone, but this is a good starting point to determine
what is affordable.
Popular Neighborhoods
A single, young professional is probably not going to want
to live in a neighborhood that is predominately families with kids. In Bay
View, for example, 76.7 percent of the households do not have kids. However,
the demographic is older homeowners and upper-class couples. Singles may want
to check out Cambridge Heights, located just west of the University of
Wisconsin-Milwaukee campus. The area is 62.1 percent single and is primarily filled
with college students and unmarried individuals with moderate incomes.
Schools
Families naturally gravitate toward
neighborhoods with the best school systems. Golda Meir School is a public
institution teaching kids in third through eighth grades. The school is located
near Schlitz Park and Haymarket and has a Great Schools rating of 10. Looking to
go private? Eastbrook Academy is an option that is located closest to the
Lincoln Park neighborhood and teaches preschoolers through grade 12.
Commute Time
The average commute time in the city of Milwaukee is 24
minutes. However, it is more difficult to get downtown from some areas of the
city than others. For instance, Yankee Hill has a commute time of 22 minutes,
which ranks low in contrast to the city as a whole. Comparatively, Kilbourn
Town has one of the lowest commute times at an average of 16 minutes.
Obviously, less travel time means closer proximity to the city and a more urban
surrounding. If noise is not an issue and an easy trip to and from work is important,
check out the aforementioned neighborhoods.
In conclusion, these four suggested topics are a great way to start a home search. Taking the initiative is a good way to ensure that a house hunt is successful. It is essential to find an appropriate balance of all needs before deciding on a home, and online research can help individuals and families accomplish that.
By: Tali Wee of Zillow.com
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At some point soon, I hope the husband I can start our house hunt, and this is one of the areas if we were to live in Wisconsin we would look at.
It's great to get any advice you can to prepare yourself of this sometimes strenuous process.
It's great to get any advice you can to prepare yourself of this sometimes strenuous process.
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