This brand new construction home has an appraised market value of $250,000, but is being sold $75,000 below market value to income qualified buyers.
Buyer’s gross annual income cannot exceed the following (household size in parenthesis): $50,600 (1); $57,800 (2); $65,050 (3); $72,250 (4); $78,050 (5); $83,850 (6) $89,600 (7) $95,400 (8).
An additional $30,000 in downpayment assistance is available from Fond Du Lac for enrolled tribal members, which would further lower cost to $145,000.
