HomeMy WebLinkAbout34. Comparison of Single-Family Residential Lot PricesTO: Honorable Mayor & Members of the Common Council
Mark Rohloff, City Manager
FROM: Allen Davis, Community Development Director 444
DATE: December 6, 2018
RE: Comparison of Single -Family Residential -Lot Prices
As part of the City Manager goal of promoting additional Single -Family housing, staff has
compiled an inventory of many of the Single -Family subdivisions in Oshkosh and
surrounding communities.
Staff has compiled information based on websites provided on-line. The information has not
been verified. The first attached table includes information regarding the public parks serving
the subdivision, the location of the subdivision within the school district and/or schools,
infrastructure provided to the lot such as concrete streets, sanitary sewer and water and
sidewalks, lot size and lot prices. This information would serve as the basis for an analysis of
the development costs and benefits to create the single-family lots in Oshkosh and
surrounding communities and help develop possible strategies to encourage additional single-
family development in Oshkosh.
The second attached table illustrates the number of lots available at all price ranges in
Oshkosh, and surrounding communities. It appears that Oshkosh has existing single-family
lots available in all price ranges. There are other communities with more lots available,
however, there is nothing to indicate affordability, restrictive covenants, off-site costs incurred
by the community, or deferred costs yet to be paid.
Based on research to date, it appears that the current cost to develop a single-family
subdivision in Oshkosh is about $35,000 to $45,000 per lot. Unfortunately, a comparison to
development costs in other communities is difficult based on different development
requirements and developer agreements. Additional research and analysis is needed.
City Hall, 215 Church Avenue P.O. Box 1130 Oshkosh, WI 54903-1130 920.236.5000 http://www.ci.oshkosh.wi.us
Table 1
j Parks Schools Development Infrastructure Price Range PerLot Size
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Oakwood Elementary,
Olde Apple Acres Jones Park Traeger Middle,West Asphalt,Utilities,No Sidewalks $39,900-$60,900 -0.5 Acres
High
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Plamann Park,Outlot Asphalt,Storm Sewer,
Glacier Ridge Green Space Freedom Schools Sidewalks(Buyer $59,900-$99,900 -0.3 Acres
Responsibility)
Appleton Schools,Fox Asphalt,Storm Sewer,
Clearwater Creek Plamann Park Valley Lutheran Sidewalk/Curb/Gutter(Paid by $74,900-$87,900 -0.33 Acres
Seller)
Emerald Valle Estates Huntley,Roosevelt, Asphalt,Storm Sewer,No
Valley
$54,900-$77,900 0.275 Acres
Appleton North Sidewalks
y
Meadowlands Village Fond du Lac School
g $39,900 0.23 Acres
District
White Pine Heights Fond du Lac School
8 $32,900 0.38 Acres
District
Costello Estates Pier,Theisen,Fond du Asphalt,Utilities,Sidewalks
Lac (owners responsibility) $23,000 0.2 Acres
Southern Ede Estates Fond du Lac School Asphalt,Utilities,No Sidewalks
Edge District P $26,500 0.25 Acres
Meadow Estates Fond du Lac School As halt,Utilities,Sidewalks
District p $39,900-$43,900 0.413 Acres
Wildlife Acres Estates Fond du Lac School
$47,000 0.3 Acres
District
Spring Lake Estates Fond du Lac School $49,900 "0.43 Acres
District
Windward Estates Fond du Lac School
$39,900-$64,900 0.28-1.18 Acres
District
Parks Schools DePrice Range Per
velopmentlnfrastructure Lot Size
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Jacobson Creek Neenah School District Asphalt,Utilities,No Sidewalks $25,000 "0.2 Acres
Y Q'�,rC, "RI""�M AIR31`�,i.Lr
Neighborhood walking
Asphalt(assessed for top coat
White Hawk Meadows North trail Appleton School District when installed),Storm Sewer, $51,900-$84,900 ^'0.25Acres
No Sidewalks
Bubolz Nature
Whispering Groves Preserve,Prairie Hill Greenville/Hortonville Asphalt,Utilities,No Sidewalks $58,900
Park,County forest
Houdini Elementary
School,Greenville
Westbrook Villas Middle School, Asphalt,Utilities,No Sidewalks $39,900-$51,900
Appleton West High
School
Forest View Estates Asphalt,Storm Sewer $49,900-$92,900 -0.23 Acres
Starview Heights Bubolz NatureAppleton School District Concrete,Utilities $46,900-$69,900 "'0.28 Acres
t t
Preserve
Y, R? ,7� nui�
-
Woodland Hills Heights Menasha School District Asphalt,Utilities,No Sidewalks $54,000-$69,900 -0.4 Acres
Mckinley Elementary
Walking Trails with School,Madison Middle
Lake Park Villa Asphalt,Utilities,No Sidewalks $35,900-$44,900 0.18 Acres
Ponds School,Appleton East
High School
Lake Cottage Estates Menasha School District Asphalt,Utilities,No Sidewalks $42,500-$45,500
Windsor Park Menasha School District Asphalt,Utilities,No Sidewalks $39,900-$50,000
Concrete,Utilities,No
North Ridge Manor Menasha School District $35,000-$50,000
Sidewalks
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Castle Oak Neenah School District Asphalt,Utilities,No Sidewalks $46,900-$48,900 -0.4 Acres
Price Range Per
Parks Schools Development Infrastructure Lot Size
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Sandhill Farms Omro School District Asphalt,Utilities,No Sidewalks $49,000-$64,900
Barony Country Estates Omro School District Asphalt,Utilities,No Sidewalks $56,000-$60,000 -1.0 Acres
�I S €ZW! s11 Mll
Traeger
Elementary/Middle&
Casey's Meadow Oshkosh West High Concrete,Utilities,Sidewalks $40,000-$62,000 0.3 Acres
School
Edgewood Village Oshkosh School District Concrete,Utilities,Sidewalks $46,000 -0.2 Acres
Traeger
Elementary/Middle&
Sunrise Estates Concrete,Utilities,Sidewalks $49,900-$84,900 "'0.5 Acres
Oshkosh West High
School
Pickart Estates Oshkosh School District Concrete,Utilities,Sidewalks TBD -0.25 Acres
Patriarch's Subdivision Oshkosh School District Concrete,Utilities,Sidewalks $26,900-$39,900 0.19-0.62 Acres
North Shore Preserve Oshkosh School District Concrete,Utilities,Sidewalks "'$40,000 -0.3 Acres
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City of Oshkosh maps and data are intended to be used for general identification
purposes only,and the City of Oshkosh assumes no liability for the accuracy of the Printing Date: 12/4/2018
information.Those using the information are responsible for verifying accuracy. For Oshkosh
full disclaimer please go to www.ci.oshkosh.wi.us/GlSdisclaimer Prepared by:City of Oshkosh,WI
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