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Wisconsin River Real Estate Market Insights by Matt Johanek

September 2020 Report

The #1 source of information for all real estate market activity on the Wisconsin River in Portage County

My Market Insights

Currently, there are only 3 properties publicly listed for sale on the Wisconsin River in Portage County and the demand for riverfront property continues to grow. This will cause the value of these properties to remain stable, and even continue to rise in value over the next few months. 

What we can learn from the recent sales on the river is that even though the median price is about $450,000, more than double the average price of a home in the area, homes are sitting on the market for an average of about only 90 days. So when a listing is announced publicly you don't have a lot of time to think about putting in an offer.

The best strategy to circumvent this "tight" and "competitive" market is to contact and work with me directly. If you are serious about owning a property on the riverfront, I can reach out to current owners and find out what might be available that fits your needs. Don't hesitate to contact me below, I enjoy playing "matchmaker" for buyers and sellers when it comes to riverfront properties in Portage County!

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Current Listings

Recent Sales

All Active Public Listings

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1935 Green Tree Rd

Listing Price

$1,290,000

Price per sq. ft.

$226

Property Type

Single Family

Beds / Baths

5 / 5

Living Area (sq. ft.)

5702 sq. ft.

Lot Size (sq. ft.)

52,707 sq. ft.

Year Built

Not Provided

Listing Date

8/12/2020

Listing Description

Opens to breakfast/dinette and massive sunroom with gas log fireplace and patio access. Exceptional entertaining space! ENJOY 5 sprawling bedroom suites; each with views of the backyard gardens & lake. Main floor master with private deck & fencing. Lavish master bath features a soaking tub with jets, a steam shower with body sprays, a massive closet with custom built-ins. The lower level walk-out exits to the stained concrete patio. Expansive family room with billiard & gaming area. Enjoy family movie night in your private theater featuring a MEGA 10ft SCREEN, eight leather âdreamâ loungers & commercial popper. Exercise room. Main level laundry with drying racks, hidden pet door provides access to pet essentials. Enormous mudroom with drop zone lockers and built-in boot drain. The attached 4-stall finished garage features two 8x18 OH doors to easily accommodate larger vehicles. Home is fully programmable with automated controls for HVAC, security, sound systems, and features two mechanical rooms, dual heating/cooling systems, In-floor heat, whole-house air exchanger, water softener, filter, wood-burning fireplace and gas log, 1000 gal LP tank(owned). The spectacular landscape is low maintenance with lighting, tiered patios& flower gardens, a maintenance-free deck with fencing, gradual sloping shoreline for beautiful views, and easy access to the two piers. Personal property is negotiable. Call for detailed specs and inclusion/exclusion list. All pre-approved buyers are welcome. Seller will educate the new owner on home features and water bodies. This pristine paradise will ECLIPSE YOUR EXPECTATIONS! WOW FACTOR is off the charts!!! - Listing Courtesy of COLDWELL BANKER THE REAL ESTATE GROUP

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1421 Bayshore Dr

Listing Price

$522,000

Price per sq. ft.

$127

Property Type

Single Family

Beds / Baths

4 / 4

Living Area (sq. ft.)

4,120 sq. ft.

Lot Size (sq. ft.)

95,832 sq. ft.

Year Built

Not Provided

Listing Date

8/3/2020

Listing Description

The beautifully efficient kitchen offers custom cabinetry, granite counters, and new stainless appliances. The 2 story family room features floor to ceiling cultured stone fireplace and tons of windows that admire the Wisconsin River. Quality is evident throughout. The main floor master bedroom has a private bath and spacious walk-in closet. On the opposite end of the home is a mother-in-law suite or college kid's apartment with a family room, bedroom, and full bathroom. And a large rec room is right downstairs. The 2.5 Acre lot offers plenty of privacy with long driveway access off of the road. Move on up to this River estate! Seller states new Siding, new Shingles, exterior Stonework, Deck resealed, new Tile floor in master bath, Regrouted tile floors in the kitchen and dining room, new septic fan, new water treatment system, new garage door openers plus exterior keypad, dock posts re-anchored, new irrigation pump. - Listing Courtesy of COLDWELL BANKER THE REAL ESTATE GROUP

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1505 Bayshore Dr

Listing Price

$599,900

Price per sq. ft.

$194

Property Type

Single Family

Beds / Baths

3 / 3

Living Area (sq. ft.)

3,085 sq. ft.

Lot Size (sq. ft.)

87,991 sq. ft.

Year Built

Not Provided

Listing Date

7/8/2020

Listing Description

The upstairs bedroom includes a half bath, and the room itself is large enough to provide multiple functions and allows you to take in the scenery with more beautiful windows overlooking the water. Throughout the home, you will notice an abundance of storage, main floor laundry, and the natural sunlight filling the home with warmth. In the backyard, you'll love the large deck, expansive shoreline, natural flowers, full 2 acres to roam, and of course the river itself! The lot next door is state-owned and vacant with the boat landing just on the other side. This home was built to maximize function and the setting. If you have been wanting to escape to your own waterfront
property this one is hard to beat, so come see all it has to offer today! - Listing Courtesy of KPR BROKERS, LLC

Key Statistics for All Current Public Listings

Number of Properties

3

Low

Price / Value

$522,000

Median

Price / Value

$599,900

High

Price / Value

$1,290,000

Average

Price / Sq. Ft.

$182

Average

Days on Market

42

Total

Volume

$2,411,900

All Recent Public Sales

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1310 Okray Dr

Listing Price

$325,000

Price per sq. ft.

$144

Property Type

Single Family

Beds / Baths

3 / 2

Living Area (sq. ft.)

2,259 sq. ft.

Lot Size (sq. ft.)

28,314 sq. ft.

Year Built

Not Provided

Listing Date

8/31/2020

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1243 Chippewa Trl

Listing Price

$950,000

Price per sq. ft.

$224

Property Type

Single Family

Beds / Baths

5 / 3

Living Area (sq. ft.)

4,248 sq. ft.

Lot Size (sq. ft.)

634,669 sq. ft.

Year Built

Not Provided

Listing Date

8/31/2020

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2013 River Rd

Listing Price

$385,000

Price per sq. ft.

$131

Property Type

Single Family

Beds / Baths

3 / 4

Living Area (sq. ft.)

2,934 sq. ft.

Lot Size (sq. ft.)

229,561 sq. ft.

Year Built

Not Provided

Listing Date

8/21/2020

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1909 2nd Lake Dr

Listing Price

$499,000

Price per sq. ft.

$135

Property Type

Single Family

Beds / Baths

4 / 4

Living Area (sq. ft.)

3,692 sq. ft.

Lot Size (sq. ft.)

19,166 sq. ft.

Year Built

Not Provided

Listing Date

7/24/2020

Key Statistics from All Recent Sales

Number of Properties

4

Low

Price / Value

$325,000

Median

Price / Value

$442,000

High

Price / Value

$950,000

Average

Price / Sq. Ft.

$158

Average

Days on Market

88

Total

Volume

$2,159,000

Overall Market Snapshot for All Wisconsin River Properties in September 2020

Median Est. Home Value

$176K

Updated 7/31/2020

Change Over

Last Month 

3.78%

Change Over

Last Quarter 

6.9%

Change Over

Last 12 Months 

19.54%

 

Matt Johanek

Real Estate Agent #89039-94

Johanek Realty

Call/Text:  (715) 304-9146

Email: matt.johanek@gmail.com

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