$389,900
- 3 Beds
- 1 Bath
- 1,008 Sq Ft
518 Bowman Ave, Madison, WI 53716
Erin Flesch MHB Real Estate
Frequently Asked Questions
Is Lake Edge a good place to live?
Lake Edge is a good place to live. Lake Edge is considered somewhat walkable and bikeable with some transit options. Lake Edge has 8 parks for recreational activities. It is fairly sparse in population with 5.0 people per acre and a median age of 45. The average household income is $92,939 which is below the national average. College graduates make up 47.4% of residents. A majority of residents in Lake Edge are home owners, with 20.6% of residents renting and 79.4% of residents owning their home. A local real estate agent serving Lake Edge can help you decide if this neighborhood is the right one for you. Learn more on our Lake Edge neighborhood guide.
Is Lake Edge, WI a safe neighborhood?
Lake Edge, WI is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Lake Edge?
The median home price in Lake Edge is $385,000. If you put a 20% down payment of $77,000 and had a 30-year fixed mortgage with an interest rate of 6.23%, your estimated principal and interest payment would be $1,890 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $81K a year to afford the median home price in Lake Edge. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Lake Edge is $93K.
What are the best public schools in Lake Edge?
The best public schools that serve Lake Edge are:
- Monona Grove High School has an A- Niche grade, a student teacher ratio of 14:1 and an average review score of 3.9.
- Winnequah School has an A- Niche grade and a student teacher ratio of 12:1.
- Elvehjem Elementary School has a B+ Niche grade and a student teacher ratio of 14:1.
What are the best private schools in Lake Edge?
The best private schools that serve Lake Edge are:
- Abundant Life Christian School has a B+ Niche grade, a student teacher ratio of 14:1 and an average review score of 3.6.
- St. Dennis School has a student teacher ratio of 12:1 and an average review score of 4.5.
- Immaculate Heart Of Mary School has a student teacher ratio of 9:1.
What are the most popular zip codes in Lake Edge, Madison, WI?
What are the most popular neighborhoods near Lake Edge, Madison, WI?
The most popular neighborhoods near Lake Edge, Madison, WI are East Buckeye, Atwood, Marquette, Bridge-Lakepoint and East Madison.
