Fixer Upper Homes in Balsam Lake, WI

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20 N-washington-st-Saint-croix-falls-WI-54024
Fixer Upper
$154,900 List Price

3 Bed | 1 Bath

Displaying 1 - 1 of 1

Foreclosure Homes in Balsam Lake, WI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Balsam Lake, WI area at Get information on foreclosure homes for rent, how to buy foreclosures in Balsam Lake, WI and much more. Save thousands at closing with home foreclosure listings in Balsam Lake, WI — up to 75% off market value!

Top Reasons To Live In Balsam Lake, WI In 2022

Balsam Lake is located in Polk, Wisconsin, with an estimated municipal population of 982 residents. All of the best foreclosed homes for sale in Balsam Lake are located in the following zip code areas on 54810. The estimated population per square kilometer (.62 miles) in Balsam Lake is 174.

Cost Of Living In Balsam Lake, WI

So, about how much do homes cost in Balsam Lake? The most recent median value of resident-owned homes in Balsam Lake is 126,169. An estimated 72 percent of households in Balsam Lake own their homes, with an average family size of 2.71. The median household income in Balsam Lake is 40,968, with15.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Balsam Lake, the median commute time of resident workers (in minutes) is 25.8. And last, but certainly not least, are you looking for homes to rent in Balsam Lake? If so, the average rent price paid by renters in Balsam Lake is 822, according to recent statistics.

Diversity And Demographics In Balsam Lake, Wisconsin

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Balsam Lake, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Balsam Lake is 46, split between 59.5 percent male versus 40.5 female. The percentage of residents who report being married in Balsam Lake is 37.2, with an average family size of 2.71.

The percentage of residents who report their race in Balsam Lake is as follows:

White 95.9%
Black / African American 2.9%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.3%
Other 0%

Looking for family-friendly neighborhoods in and/or near Balsam Lake? Or maybe you are searching for 55+ active adult communities in and/or near Balsam Lake?

The percentage of residents who report their age in Balsam Lake is as follows:

Under 10 4.8%
Aged 10-19 12.9%
20s 11.5%
30s 14.1%
40s 10.4%
50s 16.4%
60s 17.8%
70s 6.5%
80+ 5.7%

Best Schools In Balsam Lake, Wisconsin

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Balsam Lake with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Balsam Lake.

Pros And Cons Of Living In Balsam Lake, Wisconsin

How do you know that living in -- or moving to -- Balsam Lake is right where you need to be? Perhaps you grew up in Balsam Lake or already live nearby; therefore, the decision to buy a home in Balsam Lake is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Balsam Lake for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Balsam Lake:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Balsam Lake.

Reasons To Move To Balsam Lake, Wisconsin, In 2022

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Balsam Lake can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Balsam Lake, meanwhile, can field multiple offers from more qualified buyers.

Balsam Lake, WI Fixer Upper Homes


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