There are a lot of deals to be had these days thanks to the many foreclosures and short sales on the market. I just did a quick search on the MLS for all foreclosure and short sale listings currently for sale in Dane County, and there were 140 matches! One of those matches was 102 S Midvale Rd. A nice little house in Sunset Village neighborhood, just 3 blocks from Hilldale Mall.
102 S Midvale is a nice 2bed/1bath house in a great location. In addition to its 864 sq ft, there is a 3-season porch where you can really enjoy your private backyard. The basement is also partially finished where you can add more living space if you want. Most of the main floor of the house has hardwood floors, which appear to be in good condition. The kitchen has been updated with new appliances and counter tops. You can see all the property details here.
In the past year, 41 houses sold in Sunset Village neighborhood. 35 of these sold for over $200,000. In fact, only 1 sold for less than $174,000. That one sold for $160,000 and desperately needed some updating in the kitchen and bathrooms. It’s true that 102 S Midvale is pretty small at 864 sq ft, but 309 N Owen Dr is also quite small (936 sq ft) and it sold for $200,000. So $160,000 doesn’t seem bad at all for this house. Maybe you could add an egress window in the basement and create a 3rd bedroom. It’s definitely worth a look.