The prices in real estate in Lake Mills, in the Wisconsin region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Lake Mills has increased strongly during the last 6 months. In October, the average price per sq.feet was $156. In the following month the price per sq.feet increased considerably to $180. The price for the following two months in (December, January) had a considerable increment of 130 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $193.5 to $191 during February y March
Based upon to the price in Lake Mills (cities), this has gone up considerably in the last 6 months. The price in October is $385,302, rising in November till $419,179. During the following two months (December, January) the price has had an average incrementation from $402,240.5 to $453,324.5. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $496,709 they are 14 % more affordable than the average price for Lake Mills. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 1 bedroom priced at $499,443.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $167 / sq.feet, with an average $212 / sq.feet price in Lake Mills. The properties with the lowest average prices have 3 bedrooms. They are 6 % cheaper than the average followed by properties with 4 bedrooms with a price at $178 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $496,709 it is 49 % cheaper than the average price in Lake Mills. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $440,797 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $146 / sq.feet followed by "House" priced at $166 / sq.feet. "Land" is the most costly type of property with a $294 / sq.feet cost followed by "House" with an average price of $166 / sq.feet.