$309,000
- 3 Beds
- 3 Baths
- 1,444 Sq Ft
5738 Merlin Ln, Council Bluffs, IA 51501
Paula Danker NP Dodge Real Estate - Council Bluffs
Frequently Asked Questions
Is Lake Manawa a good place to live?
Lake Manawa is a good place to live. Lake Manawa is considered very car-dependent and somewhat bikeable with minimal transit options. Lake Manawa has 6 parks for recreational activities. It is sparse in population with 0.4 people per acre and a median age of 46. The average household income is $113,066 which is above the national average. College graduates make up 35% of residents. A majority of residents in Lake Manawa are home owners, with 18.2% of residents renting and 81.8% of residents owning their home. A local real estate agent serving Lake Manawa can help you decide if this neighborhood is the right one for you. Learn more on our Lake Manawa neighborhood guide.
How much do you need to make to afford a house in Lake Manawa?
The median home price in Lake Manawa is $305,000. If you put a 20% down payment of $61,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $1,550 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $66K a year to afford the median home price in Lake Manawa. The average household income in Lake Manawa is $113K.
What are the best public schools in Lake Manawa?
The best public schools that serve Lake Manawa are:
- Lewis Central Senior High School has a B+ Niche grade, a student teacher ratio of 18:1 and an average review score of 3.7.
- E.A. Kreft Primary School has a B+ Niche grade and a student teacher ratio of 15:1.
- Lewis Central Middle School has a B Niche grade and a student teacher ratio of 16:1.
What are the best private schools in Lake Manawa?
The best private schools that serve Lake Manawa are:
- Heartland Christian School has a B Niche grade, a student teacher ratio of 20:1 and an average review score of 3.8.
What are the most popular zip codes in Lake Manawa, Council Bluffs, IA?
What are the most popular neighborhoods near Lake Manawa, Council Bluffs, IA?
The most popular neighborhoods near Lake Manawa, Council Bluffs, IA are Fox Run, Eastern Council Bluffs, The South End, Twin City and Valley View.
