HV122823

Are You Selling Your Home?

In most cases a buyer will conduct an inspection when purchasing a home and a radon test is typically conducted.

208 S. Sycamore Ave., Sioux Falls, SD 605-201-4704 dakotaradon.com

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Be sure to use a trusted, LOCAL radon mitigation company.

ININSTALLATION STALLATION SERVICE SERVICE TEST TEST WARRANTY WARRANTY

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Dec. 28, 2023 - Jan. 3, 2024

Michels Communications Corporation PO Box 91606, Sioux Falls, SD 57109

NEW LISTINGS & OPEN HOUSES Hanna Michels PAGE 9

For Advertising Information, Please Contact:

1.605.760.4269 hanna@michelscom.com

Jill Foley 1.712.490.8506 jill@michelscom.com

Kevin Culhane 1.605.661.8509 kevin@michelscom.com

Kaylee Langseth 1.712.574.0618 kaylee@michelscom.com

Make yourself at home HANNA MICHELS

JILL FOLEY

KEVIN CULHANE

KAYLEE LANGSETH

There’s nothing like that feeling of calling something your own.

South Dakota Housing Development Authority focuses on giving that feeling to as many South Dakotans as possible. Their homeownership programs offer benefits for first-time buyers and those buying again. Whether it's homebuyer education, or down payment and closing cost assistance, Heritage Bank can explore the many ways SDHDA can help you become a homeowner.

Ryan KAUFMAN

MORTGAGE LOAN ORIGINATOR NMLS #1503898 | 605.252.5698 RKAUFMAN@HERITAGEBANKNA.COM

MEMBER FDIC | NMLS ID #446440

Marshall CRAWFORD MORTGAGE LOAN ORIGINATOR NMLS #1024634 | 605.310.5643 MCRAWFORD@HERITAGEBANKNA.COM

CORNER OF 8TH AND PHILLIPS | (605) 331-7951 | 1-800-344-7048 | WWW.HERITAGEBANKNA.COM

CHECK OUT THESE VANOVERSCHELDE CUSTOM HOMES QUALITY SLAB-ON-GRADE HOMES PRICE REDUCED

2805 E. AUGUSTA CIR., BRANDON, SD 3 Bed, 2 Bath • 1,629 Sq.Ft. • 3-Stall Garage • $539,000

PENDING

2721 E. PALMER ST., BRANDON, SD 3 Bed, 2 Bath • 1,357 Sq.Ft. • 3-Stall Garage • $394,000

UNDER CONTRACT

2416 E. HOGAN LN., BRANDON, SD 3 Bed, 3 Bath • 2,642 Sq.Ft. • 3-Stall Garage • $420,000

Chuck Moss

605-376-6722 • realpro22@gmail.com

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Dec. 28, 2023 - Jan. 3, 2024

NEW YEAR NEW YOU NEW HOME? HOME

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Happy New Year

LOTS FOR SALE

Dec. 28, 2023 - Jan. 3, 2024

May your home be filled with happiness and joy this holiday season!

The lots are located in

Susette Fujan

Tea in the GC Estates Addition.

All are ready-to-build.

Single-family lots are $70,000. Twin home lots are $80,000.

ABR, AHWD

Woody Houser Agent 605-231-1867 siouxempire57004@gmail.com Licensed in SD

REALTOR® - Broker Associate 605-310–5668 • susette@hegg.com www.susette.hegg.com

CONVENIENCE I S K E Y. FREE remote with motorization order

25%-40% OFF

*

605.332.7265 | budgetblinds.com 828 S Highline Place | Sioux Falls, SD 57110 Find us on

BudgetBlindsSiouxFalls

*Select products only. Offer not valid with any other offers. Offer good at time of initial estimate only. Offer good at participating franchises only. Each franchise independently owned and operated. Budget Blinds is a registered trademark of Budget Blinds, Inc. and a Home Franchise Concepts brand.

PRICE REDUCED | $355,000

1029 E. COTTONWOOD DR., BRANDON, SD

4 Bed | 2 Bath | 2,105 sq ft

$299,900

SOLD IN 2023 Thanks to all my clients for making 2023 a great year! If you will be or are currently in the market...

Think Heather Think Home

1210 W. 57TH ST. APT 202, SIOUX FALLS, SD

2 Bed | 2 Bath | 1,524 sq ft

$575,000

1304 W. STONEGATE DR., SIOUX FALLS, SD

5 Bed | 3.5 Bath | 3,075 sq ft

PRICE REDUCED | $189,900

808 N. KIWANIS AVE., SIOUX FALLS, SD

2 Bed | 1 Bath | 1,097 sq ft

PRICE REDUCED | $279,900

3525 E. SIASCONSET PL., SIOUX FALLS, SD

3 Bed | 2.5 Bath | 2,087 sq ft

$305,000

800 & 802 BROADWAY AVE., VALLEY SPRINGS, SD

2 Bed | 1 Bath | 3,360 sq ft

Heather Elrod 605.759.5030 Broker Associate, ABR, SRS, SRES

Think Heather, Think Home.

Todd Nelson // Broker // 605.321.9147 toddnelsonrealtor.com // todd@toddnelsonrealtor.com

WISHING YOU A HAPPY NEW YEAR! UPGRADES THROUGHOUT!

4201 S. POPPIES AVE., SIOUX FALLS, SD - $675,000

Originally built in 2017, this southeast Sioux Falls home is filled with upgrades throughout and includes five beds and three baths with an oversized three-stall, heated garage. As you enter the home, you will fall in love with the open concept and tray ceiling with wood beams in the living room. Kitchen is spacious and open to dining room with a door to a covered deck. Poplar cabinets, granite counters, tiled backsplash and stainless steel appliances make it a wonderful gathering spot for entertaining guests. The seller is a licensed agent in South Dakota.

23983 432nd Ave., Canova, SD - $535,000

Looking for privacy and serenity with plenty of land? Check out this 51-acre property that includes four beds and two baths with oversized two-stall detached garage that is heated. Home has 2,904 finished square feet. Property includes four outbuildings. Shop has three bays with concrete floor and oversized overhead doors with one of them large enough for a semi. This acreage is set up for livestock or horses with fence around entire property and pens set up.

newly

listed directory

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NEW LISTINGS!

Every week we will put all the advertised new listings in this section for your convenience.

OPEN HOUSES • OPEN HOUSES • OPEN HOUSES OPEN HOUSES • OPEN HOUSES • OPEN

No new listings or open houses this week!

EW LISTINGS • NEW LISTINGS • NEW LISTINGS

Dec. 28, 2023 - Jan. 3, 2024

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Dec. 28, 2023 - Jan. 3, 2024

RICK TRAPP 605.728.8521 • rick.trapp3@gmail.com

Happy New Year

PRICE REDUCED

122 LAKE RIDGE DR., WENTWORTH, SD 5 Bed • 3 Bath • 2,591 Sq.Ft. • $422,500

Enjoy the easy living in this Twin-home located on hole #8 of the Lakes Golf Course. 3 Bedroom, 2 bath on main floor, vaulted ceilings with additional 2 bedrooms, family room with wet bar and 3/4 bath in basement. Great back deck with 6-person hot tub, garden view windows, and nice size double garage. HOA ($150 Yearly) covers streetlights, community park and dock on Round Lake. Property is part of a road district and is assessed $600 per year on their property taxes for maintenance and snow removal of all streets. $3,000 carpet or anything allowance with acceptable offer.

23744 461 A AVE. #4, WENTWORTH, SD 3 Bed • 2 Bath • $299,900

Lower Unit of the Lakewood Estates Condominiums overlooking Hole #9 of the Lakes Golf Course and Round Lake. Open concept floor plan with 3 bedrooms 2 full baths, vinyl flooring, quartz countertops with backsplash. Condo has in-floor heat and forced air with a tank-less water heater for your convenience. All stainless-steel appliances stay. Step out onto your covered patio to enjoy the beauty of the Lakes Golf Course. The Lakes Community features a nine-hole golf course, full-service restaurant and a newly updated lodge. MAIN HOA ($150 Yearly) includes streetlights, park and beach with dock.

Condo HOA ($240 Monthly) includes snow removal, yard care, trash, water, garbage and exterior maintenance. You’ll be minutes away from several boat launching areas where you can enjoy the waters on 3 different Lakes (Lake Madison, Round Lake and Brandt Lake). Within 30 minutes to Sioux Falls or Brookings.

4520 W. GRACELAND PL., SIOUX FALLS, SD 3 Bed • 2 Bath • $355,000

New construction twin home, 3-bedroom, 2-bath with an open floor plan design. The living room has a vaulted ceiling, fireplace, and flows into the dining/kitchen area. The kitchen features custom cabinets from Showplace, tile backsplash, center island with sink and dishwasher and appliance package. The dining room has a slider leading to a covered patio for entertaining. The master bedroom has a tray ceiling, walk-in closet, master bath with double sinks, and tiled walk-in shower. Main floor laundry area that leads to a 2-stall garage with insulated garage door, walls, and attic. Landscaping includes rock, edging, underground sprinkler and hydroseed. Some photos are similar.

RICK TRAPP 605.728.8521 • rick.trapp3@gmail.com

Happy New Year

PRICE REDUCED

200 W. 1ST ST., HARTFORD, SD

23744 461 A AVE. #4, WENTWORTH, SD

23790 461ST A AVE. #34, WENTWORTH, SD

4 Bed • 3 Bath $245,900

3 Bed • 2 Bath $299,900

2 Bed • 1 Bath $148,000

0 LAKE RIDGE DR. LOT 12, 13, & 14

W. 3RD AVE., HUMBOLDT, SD

LAKE RIDGE DR., WENTWORTH, SD

$55,000 Each

0.29 Acres $40,000

0.67 Acres $70,000

$5,000 anything allowance for buyer.

RASE 2023 HOUSING MARKET STATISTICAL REPORTING 12-MONTH PERIOD SPANNING 12/2022 THROUGH 11/2023

-2.0%

+8.7%

+9.5%

Change in Closed Sales

Change in Inventory

Change in Median Sales Price

Low inventory, elevated sales prices, and decades-high interest rates continue to weigh on the housing market, causing sales of existing homes to fall to their slowest pace since August 2010. According to the National Association of REALTORS® (NAR), U.S. existing-home sales declined 4.1% month-over-month and 14.6% year-over-year as of last measure, as prospective buyers, faced with rising homeownership costs, wait for mortgage rates, and home prices, to drop.

New Listings in the Sioux Falls region increased 18.3% to 473. Pending Sales were up 28.9% to 401. Inventory levels rose 8.7% to 1,404 units.

Prices continued to gain traction. The Median Sales Price increased 9.5% to $313,175. Days on Market was up 8.6% to 76 days. Buyers felt empowered as Months Supply of Homes for Sale was up 25.0% to 4.0 months.

Inventory remains at historically low levels nationwide, with only 1.15 million homes for sale heading into November, a 5.7% decline compared to the same time last year, for a 3.6 months’ supply at the current sales pace. The shortage of available properties for sale has kept pressure on home prices, which have continued to climb despite the slowdown in sales. According to NAR, the U.S. median existing-home sales price increased 3.4% from a year ago to $391,800, an all-time high for the month, with annual price gains reported in all four regions of the country.

+38.0%

Price Range With the Strongest Sales: $800,001 to 900,000

+20.3%

+1.6%

Construction Status With Strongest Sales: New Construction

Property Type With Strongest Sales: Condo-Townhouse Attached

Low inventory, elevated sales prices, and decades-high interest rates continue to weigh on the housing market, causing sales of existing homes to fall to their slowest pace since August 2010. According to the National Association of REALTORS® (NAR), U.S. existing-home sales declined 4.1% month-over-month and 14.6% year-over-year as of last measure, as prospective buyers, faced with rising homeownership costs, wait for mortgage rates, and home prices, to drop. For the 12-month period spanning December 2022 through November 2023, Pending Sales in the Sioux Falls region were down 12.0% overall. The price range with the largest gain in sales was the $800K to $900K range, where they increased 38.0%.

+22.3% Change in New Listings

+2.0% Change in Closed Sales

+7.9% Change in Median Sales Price

The overall Median Sales Price was up 5.0% to $306,000. The construction type with the largest price gain was the New Construction segment, where prices increased 4.4% to $365,400. The price range that tended to sell the quickest was the $100K to $150K range at 61 days; the price range that tended to sell the slowest was the $700K to $800K range at 103 days.

Market-wide, inventory levels were up 8.7%. The construction type that gained the most inventory was the New Construction segment, where it increased 13.7%. That amounts to 3.8 months supply for Single-Family homes and 4.5 months supply for Condos.

2415 W. 57th St., Sioux Falls, SD 57108 rase-inc.org

SHOW HOURS:

Friday 1PM - 7PM Saturday 9AM - 7PM Sunday 11AM - 4PM

Sioux Empire Home Show February 23-25

Be Prepared to Be Inspired. Witness the magic that happens when creativity and functionality collide. Be prepared to be inspired by unique concepts, ingenious designs, and solutions that cater to your individual style and preferences.

605-361-8322

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Dec. 28, 2023 - Jan. 3, 2024

Many blessings this holiday season!

MICHAEL RAYNIE Broker Associate

605.351.9446

909 E. PINE ST. BRANDON, SD $364,500

NEWLY REMODELED 3 BEDROOM, 2 BATH WITH A 2+ HEATED GARAGE Well maintained home. Open Main level with beautiful white oak on the main, beautiful tiled entry, family room flooring is beautiful with a gas fireplace. From the moment you walk up to the home with the tiled walkway and inviting foyer entry you will see the beauty and quality of this home. Living room, kitchen and dining are vaulted and open. White kitchen cabinets, newer appliances that stay. 2 large bedrooms on the main. Bed 2 is being used as a TV room. Primary bedroom can handle that King Sized bed and still you have room for a large dresser. Walk in Closet and a pass through to a full bath. Family room is huge and divided into 2 sections, one for conversation and the other to nuzzle in with the gas fireplace while watching football. Bed 3 is large with a garden window. Bath down is full and also laundry. Garage is 24 wide and 28 deep. Heated. Fenced yard. Patio and a deck. Move in ready, are your boxes packed?

JULIE JOHNSON 605-366-1363

RE/MAX PROFESSIONALS, INC.

PRSRT STD U.S. POSTAGE PAID Permit #7783 Mailed from zip code 57104-4877

Todd Nelson // Broker // 605.321.9147 toddnelsonrealtor.com // todd@toddnelsonrealtor.com

WISHING YOU A HAPPY NEW YEAR!

608 S. RED SPRUCE CIR., SIOUX FALLS, SD - $560,000 Three-bedroom, three-bath home on the east side that is a short golf cart ride to Willow Run Golf Course. As you enter the home you will appreciate the openness of the space between the kitchen, dining and living room with an abundance of natural light. The kitchen has granite tops, a nice sized island and hidden pantry. You can access the covered deck from the sliders in the dining room. Both the upstairs living room and basement family room have gas fireplaces to cozy up to as the seasons begin to change. The primary suite includes a double vanity, tiled 3/4 shower and walk-in closet. A second bedroom and full bath finish out the main floor. Heading to the basement, you will enter a very large family room that is set up for a rec area and is plumbed to add a wet bar. The third bedroom and full bath are located in the basement. There is a potential 4th bedroom that is framed and ready for you to finish. HOA includes lawn, sprinkler (and water), snow, garbage and exterior maintenance.