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Foreclosure Homes in Butternut, WI

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Lakeshore-dr-Butternut-WI-54514
Preforeclosure
$249,560 EMV

Lakeshore Dr
Butternut, WI 54514

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Home Value Estimator For Butternut, WI

There are currently 75 real estate properties in Butternut, WI, with a median automated valuation model (AVM) price of $162,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Butternut, WI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Butternut, WI, is $237,347.00, with the most expensive house in Butternut, WI, topping out at $2,785,700.00 and the cheapest home in Butternut, WI, clocking in at $29,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Butternut, WI!


Rent Prices In Butternut, WI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Butternut, WI, is on a rollercoaster ride. The average rent price in Butternut, WI, is $1,540.00. Indeed, when looking to rent in Butternut, WI, you can expect to pay as little as $840.00 or as much as $1,950.00, with the average rent median estimated to be $1,530.00. The good news is that finding an affordable and desirable property to rent in Butternut, WI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Butternut, WI

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


Top Reasons To Live In Butternut, WI In 2021

Butternut is located in Ashland, Wisconsin, with an estimated municipal population of 355 residents. All of the best foreclosed homes for sale in Butternut are located in the following zip code areas on Foreclosure.com: 54514. The estimated population per square kilometer (.62 miles) in Butternut is 93.


Cost Of Living In Butternut, WI

So, about how much do homes cost in Butternut? The most recent median value of resident-owned homes in Butternut is 64,832. An estimated 65.1 percent of households in Butternut own their homes, with an average family size of 2.95. The median household income in Butternut is 34,861, with0.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Butternut, the median commute time of resident workers (in minutes) is 14. And last, but certainly not least, are you looking for homes to rent in Butternut? If so, the average rent price paid by renters in Butternut is 575, according to recent statistics.


Diversity And Demographics In Butternut, 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 Butternut, 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 Butternut is 40.3, split between 50.9 percent male versus 49.1 female. The percentage of residents who report being married in Butternut is 34.8, with an average family size of 2.95.

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

White 95.8%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 1.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.9%
Other 0%

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

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

Under 10 11.5%
Aged 10-19 21.8%
20s 6%
30s 10.5%
40s 10.1%
50s 10.1%
60s 13.4%
70s 11.9%
80+ 4.6%

Best Schools In Butternut, 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 Butternut with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Butternut.


Pros And Cons Of Living In Butternut, Wisconsin

How do you know that living in -- or moving to -- Butternut is right where you need to be? Perhaps you grew up in Butternut or already live nearby; therefore, the decision to buy a home in Butternut is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Butternut 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 Butternut:

  • 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 Butternut.


Reasons To Move To Butternut, Wisconsin, In 2021

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

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