Newest Homes for Sale in Madison, WI

• 

  

  /2

  $459,900

  New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,516 Sq Ft

  7726 Stones Throw Dr, Madison, WI 53719

  Renderings are for illustrative purposes only. Final colors, finishes, and landscaping will differ. All prices, promotions and specifications are subject to change at any time without notice based on the discretion of Veridian Homes.

  Veridian Homes Builder

  7726 Stones Throw Dr, Madison, WI 53719
• 

  

  /2

  $479,900

  New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,615 Sq Ft

  7710 Stones Throw Dr, Madison, WI 53719

  Renderings are for illustrative purposes only. Final colors, finishes, and landscaping will differ. All prices, promotions and specifications are subject to change at any time without notice based on the discretion of Veridian Homes.

  Veridian Homes Builder

  7710 Stones Throw Dr, Madison, WI 53719
• 

  

  

  /17

  $499,900

  New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,528 Sq Ft

  616 Tabby Turn Dr, Middleton, WI 53562

  The Crest Collection: Same heart. Smarter build. We’ve refined our most loved home plans to offer the same comfort and style with more efficient layouts and simplified construction. The result? Homes that stay true to what matters— with added value built in. For site specific home plan details, please click

  Veridian Homes Builder

  616 Tabby Turn Dr, Middleton, WI 53562
• 

  

  

  /15

  $464,900

  New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,532 Sq Ft

  9208 Gentle Feather Rd, Verona, WI 53593

  Renderings are for illustrative purposes only. Final colors, finishes, and landscaping will differ. All prices, promotions and specifications are subject to change at any time without notice based on the discretion of Veridian Homes.

  Veridian Homes Builder

  9208 Gentle Feather Rd, Verona, WI 53593
• 

  

  

  /68

  $516,000

  $15K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 3,252 Sq Ft

  5302 Comanche Way, Madison, WI 53704

  WE ARE IN THE MIDDLE OF SOME EXCITING RENOVATIONS on this Cherokee Park Ranch home! Neighborhood is nestled between the Yahara River, Cherokee Marsh with its nature paths, and the world-class TPC Wisconsin golf course. Main level features living room with wood-burning fireplace, formal dining room, sunken family room with doors to new deck, kitchen with dining area and pantry, 3 bedrooms and 2

  Jill Oelke Century 21 Affiliated

  5302 Comanche Way, Madison, WI 53704
• 

  

  /32

  $270,000

  $15K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,390 Sq Ft

  3001 Stratton Way Unit 105, Madison, WI 53719

  Bright and inviting condo living in a convenient Fitchburg location! Seller offering a $2,000 credit to buyer! This well-maintained home offers an open layout with wood floors, a cozy gas fireplace, spacious kitchen with island and pantry, and a large walk-in closet. This unit has an easy front walkout which is great for everyday accessibility. Enjoy a private patio, underground heated parking,

  Matt Winzenried Realty Executives Cooper Spransy

  3001 Stratton Way Unit 105, Madison, WI 53719
• 

  

  /15

  $189,900

  $5K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,064 Sq Ft

  4322 Melody Ln Unit 212, Madison, WI 53704

  Secure your future home now in the vibrant Stonebridge community! This East Madison gem features a fantastic open floor plan, a private ensuite retreat, and a balcony perfect for unwinding. Lifestyle perks abound with an onsite pool, gym, and sauna—plus, the maintenance-free lifestyle means you’ll never have to worry about shoveling snow or mowing the lawn. An unparalleled value for those looking

  Jessica Janssen Design Realty LLC

  4322 Melody Ln Unit 212, Madison, WI 53704
• 

  

  /28

  $260,000

  $25K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,390 Sq Ft

  3001 Stratton Way Unit 206, Madison, WI 53719

  Tucked into a peaceful, established condo community, this inviting home offers a rare blend of privacy and convenience. Seller is offering $1,000 credit to buyer. Surrounded by mature trees and green space, the setting feels like a treehouse retreat while still being moments from Verona, Fitchburg, Middleton, and Madison and only 10 minutes from Epic. Inside, enjoy natural light, a spacious

  Matt Winzenried Realty Executives Cooper Spransy

  3001 Stratton Way Unit 206, Madison, WI 53719
• 

  

  /68

  $420,000

  $30K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,775 Sq Ft

  1212 E Johnson St, Madison, WI 53703

  Location, Location, Location. Enjoy the newly remodeled (per seller) 2nd floor of this 19th century home conveniently located in the heart of the Tenney Lapham neighborhood. Major bus stops & bike lanes are w/in a block, to get you to the Capital or University w/in minutes. A spacious kitchen, two distinct living areas, four bedrooms (one is currently used as a 2nd LR (Main level) and two baths

  Sheryl Schroeder Coldwell Banker Real Estate Group

  1212 E Johnson St, Madison, WI 53703
• 

  

  /26

  $1,189,000

  $156K PRICE DROP

  • 2,580 Sq Ft

  554 W Mifflin St, Madison, WI 53703

  An exceptional opportunity in downtown Madison, WI, this 3-unit, 9-bedroom is the closest house on Mifflin to campus with great southern light, full front decks, and rear exit decks. Each unit in this turn-key property is leased thru 08/2027 and offers a spacious and practical layout, including a full kitchen, three bedrooms, one bathroom, and a comfortable living area. Tenants appreciate the

  Caleb Payne Madcityhomes.Com

  554 W Mifflin St, Madison, WI 53703
• 

  

  /59

  $523,900

  $16K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 2,582 Sq Ft

  3610 Canter Dr, Madison, WI 53718

  Welcome to this spacious ranch home tucked on a quiet cul-de-sac in the Town of Burke. Set on .64 acres, this 3-bedroom, 2-bath home offers 2,582 finished square feet with an inviting open floor plan and great everyday functionality. The main level features a bright living area with a gas fireplace, kitchen with breakfast bar, range/oven, refrigerator, dishwasher and microwave, plus convenient

  

  Rena Ripp

  EXP Realty, LLC

  3610 Canter Dr, Madison, WI 53718
• 

  

  /31

  $370,000

  • 3 Beds
  • 2 Baths
  • 995 Sq Ft

  1317 Everett St, Madison, WI 53704

  $3,000 Seller Credit offered to Buyers! Welcome to this updated home on Madison's north side! Located near the Packers Ave / Aberg Ave corridor, this home's location provides for quick and easy access to MATC, downtown Madison, and Warner Park! The long driveway allows for multiple off street parking options, and the deep 1.5 car detached garage and outdoor shed provide great storage! Inside

  Josh Brost Compass Real Estate Wisconsin

  1317 Everett St, Madison, WI 53704
• 

  

  /90

  $3,750,000

  $249K PRICE DROP

  • 4 Beds
  • 4.5 Baths
  • 5,345 Sq Ft

  3440 Meadow Rd, Verona, WI 53593

  15+ breathtaking acres create one of the most impressive private estates in the Town of Middleton. Rolling countryside views, beautiful white fencing, and a true park-like setting surround this extraordinary equestrian property. Perched high above the estate, the custom-built home overlooks the entire property and offers hardwood floors, 3 fireplaces, 2 full kitchens, 2 laundry areas, and a

  

  Tommy Van Ess

  First Weber Inc

  3440 Meadow Rd, Verona, WI 53593
• 

  

  /67

  $4,999,500

  $296K PRICE DROP

  • 1,600 Sq Ft

  2821 Monroe St, Madison, WI 53711

  ARBORETUM ARMS LLC APARTMENTS! This spacious, charming, brick building apartments have a large living room, formal dining room. Each unit has one bath with tub and shower. With the exception of the kitchen and bath, there are hardwood floors throughout. An open sun porch overlooks the yard and garden area. It is 1/2 block to the Arboretum and Lake Wingra with boats available for rental. Close

  Brandon Housley Artisan Graham Real Estate

  2821 Monroe St, Madison, WI 53711
• 

  /2

  $489,900

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,516 Sq Ft

  40 Spittlebug Cir, Madison, WI 53718

  Renderings are for illustrative purposes only. Final colors, finishes, and landscaping will differ. All prices, promotions and specifications are subject to change at any time without notice based on the discretion of Veridian Homes.

  Veridian Homes Builder

  40 Spittlebug Cir, Madison, WI 53718
• 

  

  /39

  $219,000

  $6K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 906 Sq Ft

  6239 Charing Cross Ln Unit B2, Middleton, WI 53562

  Recent Price Reduction! Enjoy affordable, low-maintenance living just minutes from Lake Mendota, parks, beaches, the bus line, UW–Madison, and downtown Madison. This updated multi-level condo features vinyl wood plank flooring, a refreshed full bath, and a functional layout with lower-level bedrooms for added privacy. Multiple patio doors flood the home with natural light while overlooking mature

  

  Deborah Winkler

  First Weber Inc

  6239 Charing Cross Ln Unit B2, Middleton, WI 53562
• 

  

  /57

  $749,000

  $16K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 3,142 Sq Ft

  1708 Dewberry Dr, Madison, WI 53719

  $148,215 in documented renovations completed January 2026 - one of Southern Hill's most extensively updated homes. Remodeled eat-in kitchen with quartz counters, tile backsplash & newer appliances; spa-caliber primary bath with oversized custom glass & tile shower and double vanities; refreshed main-level laundry. Single-level living: split bedrooms, vaulted ceilings, gas fireplace, formal dining

  Meg McGuire Restaino & Associates

  1708 Dewberry Dr, Madison, WI 53719
• 

  

  /5

  $1,099,900

  • 3,800 Sq Ft

  3712 Lien Rd, Madison, WI 53704

  Stabilized 7-unit in Madison with a brand-new roof, completed June 22. Long-term tenants anchor the rent roll. Two units leased July 1 at $1,250 and $1,350, with three accepted renewals at $1,250 starting August 1. Six units are similar in size and share laundry in the basement. Unit 3724 is the standout, a townhome-style layout with bedrooms upstairs and its own private unfinished basement with

  Trey Gardner EXP Realty, LLC

  3712 Lien Rd, Madison, WI 53704
• 

  

  /61

  $2,999,999

  • 4 Beds
  • 3 Baths
  • 3,578 Sq Ft

  155 E Wilson St Unit 702, Madison, WI 53703

  Architect-owned dual-level penthouse offers a serene retreat where high modernism meets panoramic lake views. Personally designed by renowned architect Kenton Peters, the home focuses on airy, expansive, environmentally layered spaces with carefully curated interiors that balance grand entertaining with intimate living. A main-level bedroom suite offers exceptional flexibility, complete with an

  Maria Antoinette Cannarella Restaino & Associates

  155 E Wilson St Unit 702, Madison, WI 53703
• 

  

  /36

  $489,900

  $25K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,341 Sq Ft

  1037 Williamson St Unit 302, Madison, WI 53703

  If you're looking for a sun-drenched condo in a phenomenal location, this one is for you! Vaulted ceilings, skylights, and large windows create an open & airy living space. The floor plan is the best of both worlds: Open, yet plenty of room for seating, bookshelves, and art. The large primary suite has beautiful arched windows & ample closet space. The second bedroom/den, while non-conforming,

  Andrea Bolan Relish Realty

  1037 Williamson St Unit 302, Madison, WI 53703
• 

  

  /47

  $599,900

  Open Sun 11:30AM - 1PM $100K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 3,201 Sq Ft

  1542 Comanche Glen, Madison, WI 53704

  Priced below assessment! Enjoy golf course living on the 3rd fairway in this beautiful 4-bedroom, 3.5-bath home located on a quiet cul-de-sac backing up to the newly updated Cherokee Park Golf Course/TPC Wisconsin. The expansive sunroom offers incredible views of the course and an abundance of natural light. Features include granite countertops, a fireplace, a patio overlooking the golf course,

  Sam Jessup Pinnacle Real Estate Group LLC

  1542 Comanche Glen, Madison, WI 53704
• 

  

  /46

  $690,000

  $30K PRICE DROP

  • 2,808 Sq Ft

  2309 Mckenna Blvd, Madison, WI 53711

  Back on the market after recent updating! One side of this duplex now has new flooring, cabinets, fixtures and furnace. With a fresh lease in place of $2600, the combined rents now bring in over $5000 per month. Great investment property for starting out or adding to a portfolio.

  

  Eric Olson

  Bunbury & Assoc, REALTORS

  2309 Mckenna Blvd, Madison, WI 53711
• 

  

  /72

  $550,000

  $50K PRICE DROP

  • 3 Beds
  • 3.5 Baths
  • 3,421 Sq Ft

  53 Golf Pkwy, Madison, WI 53704

  Experience refined luxury, TPC North Wisconsin Golf Course as your backyard. This elegant townhome style residence offers an exceptional blend of sophistication, comfort, and effortless living within one of the Madison area's spectacular golf communities. Designed for discerning buyers seeking to downsize without compromise, the expansive floor plan lives like a private home, offering generous

  Kristine Jaeger Sprinkman Real Estate

  53 Golf Pkwy, Madison, WI 53704
• 

  

  /28

  $349,000

  $6K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,880 Sq Ft

  3069 Providence St, Sun Prairie, WI 53590

  Enjoy easy townhouse condo living in the heart of Sun Prairie.. This bright and inviting 3-bedroom, 2.5-bath condo offers a spacious open-concept layout filled with natural light. The main level features a large living room that flows seamlessly into the dining area and kitchen, complete with stainless steel appliances, wood-look ceramic tile flooring, a pantry closet, convenient half bath, and

  Autumn Garrigan MHB Real Estate

  3069 Providence St, Sun Prairie, WI 53590
• 

  

  /82

  $874,000

  $25K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 4,225 Sq Ft

  8813 Nelson Crossing, Verona, WI 53593

  Ready to play through? This exceptional property on the 5th green of Hawks Landing is an absolute powerhouse of luxury living. Sprawling across 4,225sq. ft., this estate features endless storage and wall-to-wall windows that let glorious natural light pour into every room. The main level tees up an effortless flow, anchored by dual stone fireplaces and a sun-drenched 4-season room. Car

  Chris Black Keller Williams Realty

  8813 Nelson Crossing, Verona, WI 53593
• 

  

  /25

  $475,000

  $50K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,504 Sq Ft

  1310 Brunette Downs Dr, Madison, WI 53718

  Welcome to Woods Farm! This beautifully maintained 2-story home offers the perfect blend of modern style, functionality, and energy efficiency in a convenient Madison location. Built in 2020, this 3-bedroom, 2.5-bath home features over 1,500 sq ft of thoughtfully designed living space with an open-concept main level ideal for everyday living and entertaining. The bright kitchen flows seamlessly

  

  Lauren Martinson

  RE/MAX Preferred

  1310 Brunette Downs Dr, Madison, WI 53718
• 

  

  /82

  $310,000

  • 2 Beds
  • 2 Baths
  • 1,266 Sq Ft

  8201 Mayo Dr Unit 307, Madison, WI 53719

  Well-kept and beautifully designed 2-bedroom, 2-bath condo located just minutes from Epic Systems campus. This bright, open-concept home features a modern kitchen with granite countertops, SS appliances and tile backsplash. Utility cabinet and pantry closet are great for storage! You'll have your own private balcony overlooking Waldorf Park. Split bedrooms, each with access to a full bath and

  Samantha Piller T R McKenzie Inc.

  8201 Mayo Dr Unit 307, Madison, WI 53719
• 

  

  /79

  $549,000

  $49K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 2,260 Sq Ft

  3422 Marcy Rd, Madison, WI 53704

  Rarely available, extensively renovated contemporary home just a few steps to Lake Mendota!! Enjoy the quality in-ground pool, hot tub and patio with a super private beautiful and mature yard that is over 1/3 of an acre perfect for outdoor gatherings and relaxation! Brand new furnace/AC system just installed! New kitchen, new bathrooms, new door, new floors...The spacious layout is really sunny

  Hui Cheng Real Broker LLC

  3422 Marcy Rd, Madison, WI 53704
• 

  

  /55

  $574,900

  $14K PRICE DROP

  • 4 Beds
  • 4 Baths
  • 2,715 Sq Ft

  2941 Maple Run Dr, Madison, WI 53719

  Motivated Seller! Exceptionally well cared for and updated 4-bedroom Colonial in the Verona School District! Situated on a beautiful tree-lined lot with a private backyard, this spacious 2-story home combines timeless character with thoughtful updates throughout. The bright main level features warm honey-toned hardwood floors, a spacious living room with bay window, and a cozy family room with

  Elena Strekalova Weichert, Realtors- Lakepoint

  2941 Maple Run Dr, Madison, WI 53719
• 

  

  /37

  $310,000

  $9K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,474 Sq Ft

  8253 Mayo Dr Unit 305, Madison, WI 53719

  Bright top floor unit with vaulted ceilings in the desirable Tiburon Condos! This unit features a wonderful kitchen with maple cabinetry and granite countertops, new dishwasher, microwave, garbage disposal, and a breakfast bar. The open concept floorplan flows nicely into the dining room and expansive living room with a cozy gas fireplace, vaulted ceilings, and a walkout to private balcony. Large

  Asher Masino Lauer Realty Group, Inc.

  8253 Mayo Dr Unit 305, Madison, WI 53719
• 

  

  /90

  $1,595,000

  • 4 Beds
  • 3.5 Baths
  • 4,767 Sq Ft

  5675 Ashbourne Ln, Fitchburg, WI 53711

  Stunning 4,700sqft custom Craftsman home on a prime .58-acre lot backing to greenspace in the Highlands of Seminole, designed by architect Bob Bouril (2006). Hand-scraped hickory floors and solid wood doors set the tone. Great room: gas fireplace and oversized picture windows. Chef's kitchen (redesigned 2016): honed granite, center island, 6-burner Wolf range, and built-in Sub-Zero. Main level

  Chris Barreau MHB Real Estate

  5675 Ashbourne Ln, Fitchburg, WI 53711
• 

  

  /63

  $644,900

  $15K PRICE DROP

  • 2,444 Sq Ft

  1010 E Gorham St, Madison, WI 53703

  Your investment portfolio starts here, in the beautiful Tenney-Lapham neighborhood. This two-flat property is the heart of Madison, and beautifully showcases turn-of-the-20th-century details you can't pay for today: original woodworking, hardwood flooring, large bay windows, and pocket doors. The main floor is a lovely 2-bed/1-bath unit, and the remodeled upper unit is the 2nd & 3rd floor of the

  Lane Manning Realty Executives Cooper Spransy

  1010 E Gorham St, Madison, WI 53703
• 

  

  /14

  $595,000

  • Land
  • 23,086 Sq Ft
  • $1,122,642 per Acre

  10 Larch Cir, Madison, WI 53705

  Welcome to the perfect blend of serenity and location! This beautiful, wooded lot spans over 1⁄2 acre and sits peacefully at the end of a private cul-de-sac in the highly sought-after Highlands Neighborhood on Madison’s west side. Bring your own builder and create the home of your dreams in this unique neighborhood, known for its expansive lots, mature trees, and quiet charm. With TR-R zoning,

  Paul Haviland Stark Company, REALTORS

  10 Larch Cir, Madison, WI 53705
• 

  

  /36

  $430,000

  • 2 Beds
  • 1 Bath
  • 1,095 Sq Ft

  333 W Mifflin St Unit 3160, Madison, WI 53703

  Don't miss the chance to live at Madison's desirable Metropolitan Place condo association. This unit includes 2 secure parking spaces & a storage unit, all on the same level as the unit itself. If you only need one parking spot, sell the other! (Sellers have done so for $300/mo.) Just two blocks from the Capitol Square, State St, Overture Center, & many more city favorites — you'll love being in

  Shelley Lazzareschi Realty Executives Cooper Spransy

  333 W Mifflin St Unit 3160, Madison, WI 53703
• 

  

  /72

  $2,750,000

  • 2 Beds
  • 2.5 Baths
  • 3,292 Sq Ft

  350 S Hamilton St Unit 1001, Madison, WI 53703

  Penthouse #1001 at one of downtown Madison’s most sought-after condominium residences. This fully renovated unit captures sweeping lake views and the Capitol skyline along a prized downtown setting. Walls of glass draw the water into the living and dining areas, kitchen, and bedrooms, creating a bright, ever-changing backdrop. Two private verandas extend the living space outdoors, a rare offering

  Shelly Sprinkman Sprinkman Real Estate

  350 S Hamilton St Unit 1001, Madison, WI 53703
• 

  

  /22

  $432,900

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,020 Sq Ft

  309 W Washington Ave Unit 212, Madison, WI 53703

  This condo in the heart of downtown offers floor to ceiling windows, balcony and beautiful views. Open concept kitchen features breakfast bar, quartz counters, gas range and GE stainless appliances. Engineered wood flooring in main living area. Primary bedroom has walk-in closet and organizers. Large bathroom with dual vanity, separate tub and tiled walk-in shower. Storage unit located on same

  Marc Gerothanas First Weber Inc

  309 W Washington Ave Unit 212, Madison, WI 53703
• 

  

  /45

  $2,995,000

  • 3 Beds
  • 2.5 Baths
  • 2,390 Sq Ft

  3 Cambridge Rd, Madison, WI 53704

  Beautifully updated, embracing its historic character while delivering the very best of modern luxury. Stunning Lake Mendota residence that has been completely redone with a careful eye toward preserving charm while elevating every detail. The chef’s kitchen, featuring a 48" Wolf range and Sub-Zero fridge, designed for both comfortable living and elevated entertaining. Sun-filled interiors,

  Kristine Jaeger Sprinkman Real Estate

  3 Cambridge Rd, Madison, WI 53704
• 

  

  /19

  $335,000

  $35K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,260 Sq Ft

  9368 Old Sauk Rd, Middleton, WI 53562

  Seller is offering a $3,500 closing cost credit! Move right into this beautifully updated 2-bedroom, 1.5-bath condo in the desirable Blackhawk neighborhood. This well-maintained home features an updated kitchen with modern appliances and finishes, a bright and inviting living area, and stylishly renovated bathrooms that create a fresh, contemporary feel throughout. Enjoy low-maintenance condo

  Belinda Thomas Compass Real Estate Wisconsin

  9368 Old Sauk Rd, Middleton, WI 53562
• 

  

  /39

  $499,000

  $41K PRICE DROP

  • 3 Beds
  • 3.5 Baths
  • 2,695 Sq Ft

  5934 Saturn Dr, Madison, WI 53718

  MRP: $499,000- $530,000. Stunning newly built home on Madison's desirable Eastside. Offering 2,695 finished square feet of finished space on a 7,840 square foot lot. This thoughtfully designed property features 3 spacious upper bedrooms and 3 1/2 bathrooms, along with a beautifully finished lower level complete with a flex room and wet bar. Flex room has the potential of being a 4th bedroom.

  Sarah Crose Berkshire Hathaway HomeServices True Realty

  5934 Saturn Dr, Madison, WI 53718
• 

  

  /81

  $825,000

  $40K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 4,278 Sq Ft

  1801 Maplecrest Dr, Verona, WI 53593

  Welcome to this inviting ranch in Hawks Landing w/a 1/2-acre setting that offers the perfect blend of open space & peaceful woods. Enjoy morning coffee or evening gatherings on the newer two-tier deck off the lovely screened porch, overlooking mature trees & perennial landscaping supported by an irrigation system. Newer LVP & carpet on the main level tie together the connected living spaces

  Mary Duff Stark Company, REALTORS

  1801 Maplecrest Dr, Verona, WI 53593

Showing Results 401 - 440, Page 11 of 16