This home was just updated with highlights including new roof, newly painted siding, new windows throughout, new carpeting, new kitchen appliances. Home has an appraised market value (excluding the land) of $200,000, but is being sold $25,000 below market value to income qualified buyers. Additional down payment assistance of $15,000 available through the Greater Minnesota Housing Fund to qualified buyers based on need, which could lower the mortgage amount to $160,000.

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).