Ranch home in 8430 Elderberry Rd Madison, WI
A Ranch home in Madison, WI, it offers 3 bedrooms and 2 bathrooms across 1,869 square feet. Its Ranch character defines the property's look.
| Price | $515,000 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 1869 |
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| Architectural style | Ranch (85% match) |
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| Address | 8430 Elderberry Rd Madison, WI 53717 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced above comparable homes.
- At $515K, this home is 17% above the $440K median for 75 similar Ranch homes in Madison, WI.
- That works out to $276 per square foot, 9% above the $254 comparable rate.
- New to market (2 days), so expect competition.
| This home | $515,000 |
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| Ranch median in Madison, WI | $440,000 (75 homes) |
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| Price per sq ft | $276 vs. $254 comps median |
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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 $3,703/month with 20% down at a 7.28% 30-year fixed rate. You would need about $158,702 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,819/mo |
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| Property tax (new-buyer reassessed rate) | $691/mo |
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| Homeowners insurance | $193/mo |
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| Total monthly | $3,703/mo |
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| Down payment (20%) | $103,000 |
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| Income needed | $158,702/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) | $249,484 |
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| Range (10th to 90th pct) | $146,425 to $372,130 |
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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 Movoto