Ranch home in Lake Geneva, WI
This 1,562-square-foot Ranch condo in Lake Geneva, WI includes 2 bedrooms and 2 bathrooms. Standout details include fireplace, hardwood floors, and open floor plan.
| Price | $325,000 |
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| Beds | 2 |
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| Baths | 2 |
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| Sqft | 1562 |
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| Architectural style | Ranch (49% match) |
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| Address | 500 S Edwards BOULEVARD #21, Lake Geneva, WI 53147 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Features: fireplace, hardwood floors, open floor plan.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- At $325K, this home is 46% below the $607K median for 78 similar Ranch homes in Lake Geneva, WI.
- That works out to $208 per square foot, 30% below the $296 comparable rate.
- On the market 213 days, which is a long time; sellers are often flexible at this point.
| This home | $325,000 |
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| Ranch median in Lake Geneva, WI | $607,450 (78 homes) |
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| Price per sq ft | $208 vs. $296 comps median |
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It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,337/month with 20% down at a 7.28% 30-year fixed rate. You would need about $100,152 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,779/mo |
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| Property tax (new-buyer reassessed rate) | $436/mo |
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| Homeowners insurance | $122/mo |
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| Total monthly | $2,337/mo |
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| Down payment (20%) | $65,000 |
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| Income needed | $100,152/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (62 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C+ (62/100) |
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| Beats renting in | 12% of modeled paths |
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| Modeled 5-yr equity (median) | $156,611 |
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| Range (10th to 90th pct) | $92,811 to $233,090 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Trulia