Greater Madison WI Real Estate Listings

Contact Lake & City Homes Realty

If you have any questions or need more detailed information, please feel free to contact us via phone or fill out the form below to let us know how we can help with your real estate needs.

Office Location Jolenta Averill, Broker|Owner
Lake & City Homes Realty
301 E Sunset Court
Madison, WI 53705
Phone: (608) 628-9701
Fax: (608) 230-5554

Homes that fit your lifestyle!

Assessments, taxes, & mil rates

Information, news and discussion about Madison WI assessments, mill rates & property taxes

There are currently 6 blog entries related to this category.

New! Madison property taxes & room dimensions added

Tuesday, May 4th, 2010 at 12:44pm. 272 Views, 1 Comments.

Madison homes MLS searchLake & City Homes Realty is proud to announce the addition of property taxes and room dimensions to our Details tab!

We recognize that it's a hassle to have to leave LakeandCityhomes.com to look up property taxes for Madison homes you find of interest. Or to have to contact us when you want to know whether the room dimensions for a certain Madison area property are going to be adequate for you or your family's needs. We also recognize that Madison property taxes can be very high and that many homes seem too be good to be true until you get a chance to see the actual room dimensions. So we went ahead and added property taxes and room dimensions to our Details page. We want to take the hassle and aggravation out of your Madison home search and make it a fun…


Time Running Low on Tax Credit

Tuesday, April 13th, 2010 at 2:17pm. 206 Views, 2 Comments.

Madison homes for saleTwo days and counting until Tax Day! That means prospective homeowners better close the deal if they want to take advantage of the tax credit, which could return up to $8,000 to first-time home buyers and $6,500 to repeat buyers. Thankfully, qualified service members from the Armed Forces, intelligence community or The Foreign Service have an extra year to put this tax credit to use.

Homebuyers that meet one of those criteria and are on official extended duty, deadlines for the tax credit are extended. They have until April 30, 2011 to sign a binding sales contract that is closed by July 30, 2011.

Those considering home buying should seriously consider Wisconsin. Thanks to its mix of rural and urban areas, the state of Wisconsin has an attractive range of…


Madison Market Update - NEW!

Tuesday, November 10th, 2009 at 10:40pm. 688 Views, 15 Comments.

Madison WI real estate statisticsI'm pleased to announce that after two weeks of enduring a steep learning curve for video editing, a variety of technical issues and glitches, and a fair degree of performance anxiety, I'm finally ready to kick off our new monthly housing update! It's dubbed The Madison Market Update  because it's focused on the Madison WI residential real estate market.

In today's premier edition of the Madison Market Update you'll find highlights of the Madison housing market year-to-date with comparisons to last year using measures such as sales volume, average prices, average days on market and more. The Madison Market Update will be updated monthly and you'll have access to all the charts and graphs discussed in each edition via our Madison Market Statistics page and…


The case for extending the $8K tax credit

Saturday, October 3rd, 2009 at 10:23am. 587 Views, 1 Comments.

First-time homebuyers' tax creditAs both a Realtor and consumer, it would be hard not to notice what an overwhelming success the first-time homebuyer's $8K tax credit has been both nationally and on the Madison real estate market. Both homebuyer interest and housing sales shot through the roof before the ink was even dry on the legislation. Although lower prices and historically low interest rates have certainly been a huge draw, it's clear the $8K tax credit is primarily responsible for consumers' renewed interest in homeownership in the midst of the massive mortgage meltdown and ensuing housing crisis.


But progress may come to a screeching halt unless Congress extends the credit through 2010. Without an extension of the legislation, many people will miss out. Those who couldn't purchase…


Outdoor hot tubs - love them or hate them?

Friday, September 11th, 2009 at 12:52pm. 655 Views, 10 Comments.

hot tubA client recently posed this question, "Do you think if we got rid of the hot tub it would help?" Translation: Would getting rid of our hot tub make our property more attractive to buyers?

The client suggested she freecycle the hot tub. In fact, she thought she'd have no problem getting rid of it by the weekend. I don't know a lot about hot tubs (I've never owned one) but I wondered how she'd get rid of it so quickly if it was so undesirable. Afterall, it was already Thursday when she made the suggestion. Then again, that hot tub (see photo) wasn't looking so hot. It actually made her newly refinished deck look a little shabby. Then she mused, "I don't think anyone even wants a hot tub anymore. It costs a fortune to keep it running in the winter…


Is Your Madison WI Property Assessment Out of Whack?

Monday, January 26th, 2009 at 10:14pm. 194 Views, 0 Comments.

photo5That old joke about how your tax assessor views your property may be more true than you realize...

In a recent conversation with City of Madison Assessor's Office I was struck by two things: One, the fact that the office of the City Assessor of Madison does not have unfettered access to the South Central Wisconsin MLS (apparently they they have access to Sold listings but do not have access to Active, Pending and Expired listings). And two (and perhaps more surprising), that in valuing properties for the purpose of determining homeowners' annual property assessments, the City doesn't use certain recent comparable solds. Which recent comps, you might ask? Well, recent comps deemed by the City to have been "sold under duress" as in, you guessed it, short…


My Account

Log in, to view your saved searches and add to your favorite listings.

Sign Up Here For Your FREE Account

... So You Can:

  • View detailed property information
  • Print detailed property flyers
  • Save your searches & favorite homes
  • Inquire about a private showing
  • Map individual property locations
  • Share your favorite homes with friends