This home was just renovated with new front & back decks, new roof, new kitchen & bathroom, new windows and exterior doors, new flooring & paint throughout. Home has an appraised market value (excluding the land) of $208,000, but is being sold $33,000 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).