South Dakota Homes for Sale with Hardwood Floors

• 

  

  

  /23

  $554,900

  • 5 Beds
  • 3 Baths
  • 2,352 Sq Ft

  3922 Gallatin Ave, Spearfish, SD 57783

  For more information, contact Tim Kudlock, Great Peaks Realty, Munro & Gran LLC. Very well maintained and updated 5 bedroom/3 bath ready for someone to call home. Main floor offers 3 bedrooms, 2 bath, open concept with vaulted ceilings. Granite countertops with stainless steel appliances. Walk out to stamped concrete patio for all your outdoor enjoyment. Fenced backyard ready for kids or pets.

  Tim Kudlock Great Peaks Realty

  3922 Gallatin Ave, Spearfish, SD 57783
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  /43

  $250,000

  • 4 Beds
  • 2 Baths

  802 7th St, Britton, SD 57430

  Two-story home with approximately 2,800 square feet of living space, four to five bedrooms depending on one's needs as well as two bathrooms. There are several different gathering spaces and many areas for storage. The first floor has a bathroom and bedroom as well as two sunrooms, a large open kitchen, dining area and living space. There is also a large mudroom and laundry on the main floor.

  Josh Kraft Dakota View Realty & Auctions

  802 7th St, Britton, SD 57430
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  /43

  $415,000

  • 4 Beds
  • 2.5 Baths

  305 E Garfield Ave, Gettysburg, SD 57442

  Rare opportunity! Perfect Lake Oahe base camp. If you love fishing, boating, and time at Lake Oahe, this property is the perfect home base. Located in Gettysburg, this well-maintained home features a spacious layout and a rare bonus large heated/cooled shop with ample space for pontoon, boat, camper, and outdoor gear storage. Ideal for lake lovers seeking comfort, storage, and small-town living.

  Leslie Isburg Cathy Sonnenschein Properties

  305 E Garfield Ave, Gettysburg, SD 57442
• 

  

  

  /30

  $189,000

  • 2 Beds
  • 1.5 Baths
  • 3,640 Sq Ft

  207 Pugh St, Martin, SD 57551

  Welcome to this newly remodeled home! It's got all the charm you could wish for, plus loads of modern touches! With all brick construction and updates like new water/sewer lines, electric, roof/gutters, flooring, water heater, siding, and more, it's a gem. The basement is finished and there's a spacious garage, too. Don't miss out on this must-see property!

  Linda Shippy Shippy Realty and Auction

  207 Pugh St, Martin, SD 57551
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  /30

  $499,900

  • 4 Beds
  • 3.5 Baths
  • 2,935 Sq Ft

  7301 S Grand Arbor Ct, Harrisburg, SD 57032

  Stunning Twin Home in South Sioux Falls. This property features a main level Primary bedroom, with spacious full bathroom & a walk-in closet. Also, on the main level a separate laundry room w/new Quartz countertop. Kitchen includes stainless steel appliances, new backsplash, new Quartz countertops & new sink. Main level is open & inviting with a vaulted ceiling, gas fireplace, ample space in the

  Jessica Steele Hegg, REALTORS

  7301 S Grand Arbor Ct, Harrisburg, SD 57032
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  /39

  $299,750

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  1801 Albany Ave, Hot Springs, SD 57747

  Just in time.. Here is a price reduction to accompany the mortgage rates hitting a 15-month low! Take a look at this charming ranch home in a prime location! This 3-bedroom gem boasts a sunny kitchen, gorgeous original hardwood floors, a cozy living room with a bay window, and delightful patio. The large side yard, alley access, and spacious garage offer plenty of room for your boat or camper,

  Amanda Kirschenman COLDWELL BANKER BLACK HILLS LEGACY

  1801 Albany Ave, Hot Springs, SD 57747
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  /40

  $235,000

  • 2 Beds
  • 2.5 Baths
  • 2,539 Sq Ft

  202 E Rogers St, Bison, SD 57620

  Step into a piece of history with this adorable 11⁄2 story home, formerly an old schoolhouse, now transformed into one of the finest residences in Bison! This beautifully remodeled gem combines vintage charm with modern amenities, creating a perfect blend of comfort and style. As you step inside, you'll notice the main floor features stunning hardwood floors throughout, with a spacious living

  KELLY MCGREGOR BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY

  202 E Rogers St, Bison, SD 57620
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  /50

  $1,650,000

  • 4 Beds
  • 6 Baths
  • 5,366 Sq Ft

  703 W Timber Rd, Dakota Dunes, SD 57049

  One of a kind, gorgeous, Stone Mill Oregon hand hewn timber home on acreage adjacent to Dakota Dunes. 5,366 total sq ft, 4 bdrm, 4.5 bath, 5 fireplaces. Bonus of fabulous Post & Beam Barn w/720 sq ft studio loft & electric fireplace, plus main floor garage w/ 1656 sq ft. & 1/2 bath. This custom home has every detail covered and desire met. From the front porch w/ custom train rail border, this

  Pam Kavanaugh Edwards Dunes Realty, LLC

  703 W Timber Rd, Dakota Dunes, SD 57049
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  /28

  $349,900

  • 2,559 Sq Ft

  817 W 15th St, Sioux Falls, SD 57104

  Don't miss this rare chance to own a fully occupied triplex in a highly sought-after central location! This well-maintained property offers strong, consistent cash flow and long-term investment stability. Each unit is tenant-occupied, generating immediate income from day one. Whether you're a seasoned investor or just starting to build your portfolio, this property is a smart addition with

  Mallory Kuiper Hegg, REALTORS

  817 W 15th St, Sioux Falls, SD 57104
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  /100

  $1,200,000

  • 7 Beds
  • 3.5 Baths
  • 4,769 Sq Ft

  1301 S Hyannis Port Ln, Sioux Falls, SD 57106

  Welcome to a truly extraordinary property—custom-built, meticulously designed, and packed with luxury features rarely found in this location. Located on a spacious lot in a desirable west side neighborhood within the Jefferson High School district, this custom builder-owned masterpiece offers nearly 4,800 sq ft of thoughtfully crafted living space across three stunning levels. With 7 true

  Jacob Benedict Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

  1301 S Hyannis Port Ln, Sioux Falls, SD 57106
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  /46

  $2,000,000

  • 4 Beds
  • 3 Baths
  • 3,747 Sq Ft

  2111 Vantage Cir, Spearfish, SD 57783

  Experience refined living in this fully furnished 3,747 sq. ft. masterpiece built in 2023 and designed by renowned architect Mark Singer. Set on 2 pristine acres, this home captures breathtaking 360 views you won’t find anywhere else. Every detail has been thoughtfully crafted: an open layout filled with natural light, soaring ceilings, and high-end finishes throughout. The beautiful fireplace

  Jeffery Christians Real Broker Spearfish

  2111 Vantage Cir, Spearfish, SD 57783
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  /91

  $2,100,000

  • 4 Beds
  • 3 Baths
  • 4,295 Sq Ft

  48381 277th St, Canton, SD 57013

  Elevate your equestrian lifestyle on this premier 37.8-acre horse property overlooking the breathtaking Big Sioux River Valley. Purpose-built for serious horse enthusiasts, this turnkey estate features an impressive 85’x125’ indoor riding arena plus a full outdoor arena for year-round training and events. The 60’x85’ barn offers twelve 12’x12’ stalls, a spacious 12’x24’ tack room, fly-control

  Nick Thompson Keller Williams Realty Sioux Falls

  48381 277th St, Canton, SD 57013
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  /24

  $299,000

  • 3 Beds
  • 2.5 Baths
  • 1,448 Sq Ft

  489 W 9th St, Winner, SD 57580

  You will appreciate this spacious corner lot featuring a 3-bedroom, 3-bath home with 1,448 sq. ft. of open-concept living space. Built in 1963, this home offers a blend of carpet, tile, and wood flooring. The updated kitchen features modern oak cabinets and appliances, a central island, and laminate countertops. The fully finished basement includes a family room, an additional bathroom, a laundry

  Kay Bolton South Central Realty

  489 W 9th St, Winner, SD 57580
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  /58

  $999,000

  • 4 Beds
  • 3 Baths
  • 3,982 Sq Ft

  310 Country Dr, Pierre, SD 57501

  Modern Farmhouse, open floor plan on 3.3 acres overlooking the Missouri River, a rare find in city limits. You will fall in love the moment you walk thru the front door. A combination of space, privacy, convenience & a million dollar view. Amazing kitchen , with large island, glass doors off LR & bedroom to a covered, permanent, wrap around deck. LL has a patio See supplement for more!!!

  Cathy Sonnenschein Cathy Sonnenschein Properties

  310 Country Dr, Pierre, SD 57501
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  /48

  $699,900

  • 3 Beds
  • 3.5 Baths
  • 3,146 Sq Ft

  47869 Chateau Ct, Harrisburg, SD 57032

  Live smarter, not farther. This beautiful 2.26-acre acreage offers space, privacy, and long-term value just minutes from Sioux Falls—giving you the freedom of country living without sacrificing convenience. Designed for real life, this non-cookie-cutter walkout delivers flexibility, function, and future upside. The main level features hardwood floors, a warm family room, and a spacious primary

  Margaret Pennock Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

  47869 Chateau Ct, Harrisburg, SD 57032
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  /5

  $2,900,000

  • 5 Beds
  • 6 Baths
  • 5,296 Sq Ft

  5812 N Mapleton Pl Place, Sioux Falls, SD 57105

  Introducing The Bentley — a modern, slab-on-grade luxury residence positioned behind the private gates and full walled perimeter of Mapleton Estates located in Mapleton Highlands, overlooking the serene views of Hole #2 of the Mapleton Golf Club. Designed by Smart Homes 605, this home is crafted for those who expect architectural excellence, refined materials, and a resort-level living

  April McCormick Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

  5812 N Mapleton Pl Place, Sioux Falls, SD 57105
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  /38

  $985,000

  • 3 Beds
  • 3 Baths
  • 2,613 Sq Ft

  1628 N Rosemary Ave, Sioux Falls, SD 57110

  MODEL HOME - Base floor plan price: $596,000Welcome to The Courtyards at Golden Gateway, your new resort-style, low-maintenance 55+ community! This exceptional property is the official MODEL HOME for The Courtyards at Golden Gateway, an active adult community, built by Kelly Construction. It is priced as built, featuring numerous luxury upgrades and is NOT currently available for purchase.

  Brian Jackson Century 21 ProLink

  1628 N Rosemary Ave, Sioux Falls, SD 57110
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  /43

  $429,000

  • 5 Beds
  • 2 Baths
  • 2,199 Sq Ft

  3915 Gallatin Ave, Spearfish, SD 57783

  BRAND NEW CARPET! Welcome to this inviting 5-bedroom, 2-bath residence offering 2,199 sq ft of comfortable living space in a friendly neighborhood. With easy access to Interstate 90, you’ll enjoy quick commutes and the convenience of being just minutes away from Black Hills recreation activities. The spacious layout includes a fully finished basement with a large family room—perfect for

  Jason Tysdal Century 21 Spearfish Realty

  3915 Gallatin Ave, Spearfish, SD 57783
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  /49

  $920,000

  • 5 Beds
  • 4 Baths
  • 4,506 Sq Ft

  1001 E Ridge Rd, Sioux Falls, SD 57105

  A rare find in the area! Quality construction in this Ranch Walk-out, 5 bedroom, 4 bathroom home! Within walking distance to all schools! The all-brick front gives this home fantastic curb appeal. This home boasts just over 4500 square feet, with 10 and 12 foot ceilings on the main level. Huge open kitchen with center island, double ovens, breakfast bar, and in-kitchen dining areas. Formal dining

  Reed Johnson 605 Real Estate LLC

  1001 E Ridge Rd, Sioux Falls, SD 57105
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  /28

  $230,000

  • 3 Beds
  • 1 Bath
  • 960 Sq Ft

  812 S Glendale Ave, Sioux Falls, SD 57104

  Are you a first time home buyer or looking for an investment property? This home checks those boxes. Features include 2 bedrooms on the main with a large bedroom upstairs, well maintained hardwood floors, an abundance of natural light, an over sized one stall garage and a large fenced in back yard. Finish the living area in the basement for a few hundred additional square feet! Several

  Carrie Randazzo Keller Williams Realty Sioux Falls

  812 S Glendale Ave, Sioux Falls, SD 57104
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  /36

  $679,950

  • 4 Beds
  • 2 Baths
  • 1,848 Sq Ft

  11014 Buffalo Trail, Lead, SD 57754

  Discover the ultimate Terry Peak retreat — Twin Aspen Lodge, a beautifully crafted rustic cabin with elevated finishes, stunning views, and unbeatable proximity to the slopes. This turnkey Black Hills getaway features a spacious open-concept layout, soaring high ceilings, rich dark wood floors, and live-edge granite countertops that bring luxury and character to every room. Designed for comfort

  Jaima Knutson RE/MAX RESULTS

  11014 Buffalo Trail, Lead, SD 57754
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  /39

  $650,000

  • 2 Beds
  • 2 Baths
  • 1,710 Sq Ft

  12961 Darcy Dr, Hot Springs, SD 57747

  Discover the freedom and efficiency of off-grid-ready living on this serene 6.16-acre parcel, featuring a thoughtfully designed home built in 2012. Created with intention and sustainability in mind, this property offers an open, flexible layout that supports a big life on a small footprint. The main house welcomes you with a light-filled living and dining area, enhanced by south-facing windows

  Cathy Mosset HEARTLAND REAL ESTATE

  12961 Darcy Dr, Hot Springs, SD 57747
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  /31

  $254,500

  • 3 Beds
  • 2 Baths
  • 1,704 Sq Ft

  330 N Grand Ave, Pierre, SD 57501

  Affordable living in Pierre with space that actually works. This 3 bedroom home offers a functional layout, bonus room for office, playroom, or extra living, plus a garage and alley access for added convenience. Bright interior, comfortable flow, and room to make it your own over time. A solid opportunity to step into homeownership. If you've been waiting for something that feels doable, this is

  Jessicca Zuber Properties by Jess

  330 N Grand Ave, Pierre, SD 57501
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  /70

  $1,250,000

  • 6 Beds
  • 3.5 Baths
  • 4,329 Sq Ft

  47518 Pony Meadow Ct, Renner, SD 57055

  Experience exceptional craftsmanship and modern sophistication in this remarkable 5+bedroom, 3.5-bath residence—the builder’s personal home—delivering over 4,300 sq. ft. of impeccably finished space and a spacious 4-car heated garage. Every inch of this property reflects intentional design, elevated finishes, and the quality expected from a home built for the builder themself. The main level

  Brandt Williams Hegg, REALTORS

  47518 Pony Meadow Ct, Renner, SD 57055
• 

  

  /40

  $370,000

  • 6 Beds
  • 3 Baths
  • 2,677 Sq Ft

  228 E Oakland St, Rapid City, SD 57701

  Unique 6-Bedroom Tri-Level on the South Side This one-of-a-kind tri-level home offers 6 bedrooms (1 NTC) and a layout full of character and flexibility. From the welcoming bay windows to the cozy reading nook and the inviting three-seasons room, this home has spaces you won’t find in a typical property. Several updates have already been completed, including an updated bathroom, fresh paint, and

  GINNA BRAGG SOUTH DAKOTA PROPERTIES

  228 E Oakland St, Rapid City, SD 57701
• 

  

  /46

  $1,199,000

  • 4 Beds
  • 3.5 Baths
  • 3,754 Sq Ft

  11177 Alpine Cir, Lead, SD 57754

  For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro 605-641-6482 with Great Peaks Realty. Exceptional opportunity in the Sugarloaf Village, privately nestled just off Hwy 85 in a private cul-de-sac among the recreational paradise of the Northern Black Hills! Offering this spacious 4-bedroom retreat, large open living spaces with cathedral ceilings on the main

  Heath Gran Great Peaks Realty

  11177 Alpine Cir, Lead, SD 57754
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  /41

  $482,500

  • 4 Beds
  • 3 Baths
  • 2,495 Sq Ft

  832 Brookside Dr, Jefferson, SD 57038

  Discover this beautifully updated and move-in ready home, showcasing fresh paint, newer wood flooring, tile, and carpet throughout. This stunning 4-bedroom, 3-bath residence is situated on a picturesque pond, boasting a generous acre lot with a Trex deck that offers breathtaking views, a walkout basement, and a fully irrigated lawn with a generous fenced yard. The kitchen is a highlight,

  Christine Stultz Century 21 ProLink

  832 Brookside Dr, Jefferson, SD 57038
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  /45

  $799,000

  • 4 Beds
  • 4 Baths
  • 3,752 Sq Ft

  942 Spyglass Cir, Dakota Dunes, SD 57049

  A refined expression of craftsmanship and comfort, this 1.5-story residence is set on a private 1.28-acre cul-de-sac lot in Dakota Dunes, surrounded by mature trees and quiet luxury. A grand entry with leaded-glass windows opens to soaring 19-foot cathedral ceilings with exposed beams, rich cherry woodwork, and a statement stone fireplace anchoring the great room. Designed for both elevated

  Taylor Wright United Real Estate Solutions

  942 Spyglass Cir, Dakota Dunes, SD 57049
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  /24

  $939,000

  • 5 Beds
  • 3.5 Baths
  • 2,730 Sq Ft

  21172 Last Chance Trail, Lead, SD 57754

  Nestled in the scenic beauty of the Black Hills, this exceptional Vacation Home or Turn Key Short Term Rental offers 5-bedroom, 3.5-bath custom-built cabin offers the perfect blend of mountain charm and refined craftsmanship. Located in the coveted Terry Peak Ski Resort area, this home is designed for those who value quality, comfort, and the great outdoors. Step inside to discover soaring

  Jon Mehlhoff EXP REALTY

  21172 Last Chance Trail, Lead, SD 57754
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  /31

  $369,000

  • 5 Beds
  • 2 Baths
  • 2,106 Sq Ft

  208 Lakeview Ave, Chamberlain, SD 57325

  This home offers a very homey feeling with an easy traffic flow from room to room. Three bedrooms and main floor bath on one end of the home while on the other end, a huge master bedroom and walk-in closet along with the largest master bath this realtor has ever seen in 35+ years. Full dressing stations with cabinets, mirrors and bench/chairs to take on the morning ready for work task. A soaking

  Jeannine Hickey-Reuer Chamberlain Real Estate Professionals LLC

  208 Lakeview Ave, Chamberlain, SD 57325
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  /47

  $128,000

  • 2 Beds
  • 2 Baths
  • 2,083 Sq Ft

  203 6th Ave E, Sisseton, SD 57262

  Bank Owned Property Sold As-Is with no disclosures. Lots of charm and space in this one. Large living room, formal dining room, big main bedroom. A two stall garage plus a single stall next to it. Basement with fireplace, big laundry space and 3/4 bath with room to finish for a third bedroom! The character of hard wood floors, lots of original wood work, built in cabinets and French doors. This

  Donovan O'Donnell EXIT Realty Sioux Empire

  203 6th Ave E, Sisseton, SD 57262
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  /46

  $765,000

  • 6 Beds
  • 4 Baths
  • 3,589 Sq Ft

  2813 W Stratton St, Sioux Falls, SD 57108

  Wow! Gorgeous 6-Bed, 4-Bath Ranch in South Sioux Falls! This beautifully updated home boasts new flooring on the main level, fresh interior/exterior paint, and a prime location with easy access to the interstate, dining, gas, pickleball courts, and a nearby park. The open-concept kitchen, living, and dining area creates a spacious and inviting atmosphere, perfect for entertaining especially

  Pat Tiefenthaler Hegg, REALTORS

  2813 W Stratton St, Sioux Falls, SD 57108
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  /17

  $39,900

  • 1 Bed
  • 1 Bath
  • 358 Sq Ft

  NO REAL ESTATE Other, Keystone, SD 57751

  Looking for a cozy getaway cabin? This adorable, fully furnished cabin is currently being used as a successful vacation rental and is perfect for those seeking a relaxing retreat. The cabin does not come with real estate and must be relocated, with moving costs currently being assessed. It features a spacious deck complete with patio furniture and a gas firepit, making it an ideal spot to unwind

  Faith Lewis Lewis Realty

  NO REAL ESTATE Other, Keystone, SD 57751
• 

  

  /20

  $145,000

  • 2 Beds
  • 2 Baths
  • 1,152 Sq Ft

  234 E Philadelphia St, Rapid City, SD 57701

  Listed by Jeremy Kahler, KWBH, 605-381-7500. Calling investors or DIY dreamers- here's your chance to customize an upper level condo into a move in ready property! *This home has an open living space, accented by wood floors and good natural light *Designed for one level living, there are 2 bedrooms, 2 bathrooms, private laundry and 1,152sqft *Demo is complete in the kitchen and this space is a

  JEREMY KAHLER Keller Williams Realty Black Hills SP

  234 E Philadelphia St, Rapid City, SD 57701
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  /38

  $714,000

  • 4 Beds
  • 2.5 Baths
  • 2,140 Sq Ft

  21158 Gilded Mountain Rd, Lead, SD 57754

  For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro 605-641-6482 with Great Peaks Realty. Impressive 4-bedroom cabin at Gilded Mountain! Rustic character inside and out! Views galore from the covered front porch and back deck, upper balconies or the hot tub nestled in the pines. Upper-level features two bedrooms, full bath and an open loft lounging area. Main

  Heath Gran Great Peaks Realty

  21158 Gilded Mountain Rd, Lead, SD 57754
• 

  

  /47

  $999,000

  • 5 Beds
  • 5.5 Baths
  • 3,776 Sq Ft

  21429 Whitetail Dr, Lead, SD 57754

  Impeccable opportunity to own this beautifully custom-built home at the heart of recreational fun in the Northern Black Hills! Situated in Deer Mountain Resort, this 5 bedroom, 5 & 1/2 bath home is crafted with utmost quality & ready for it's new owner. Situated with easy access to Terry Peak, snowmobile trails, & The Mickelson. Even Spearfish Canyon is just a few minutes away. The quality of

  LIZ CLEMENT The Real Estate Center of Sturgis

  21429 Whitetail Dr, Lead, SD 57754
• 

  

  /38

  $429,900

  • 3 Beds
  • 3 Baths
  • 2,416 Sq Ft

  2025 Augusta Dr, Vermillion, SD 57069

  A house to "GROW IN", lots of living space. Main floor living room, dining room, kitchen with granite counters, main floor laundry. 2nd floor has 3 bedrooms and 2 baths. Unfinished lower level, plumbed in floor for bathroom. Dbl garage with golf cart door and storage, fenced yard, cement patio and deck, sprinklers. Home has new hot water, AC, furnace and deck. Storage for golf cart with garage

  Kris O'Connor Dakota Realty

  2025 Augusta Dr, Vermillion, SD 57069
• 

  

  /75

  $1,375,000

  • 5 Beds
  • 4.5 Baths
  • 3,953 Sq Ft

  6340 Harbor Way, Wentworth, SD 57075

  Discover unparalleled luxury and serenity in one of the finest lots within "The Harbor". 80 feet of pristine lakeside frontage with breathtaking panoramic views. Step inside and be greeted by a grand living area with rich hardwood floors and floor to ceiling windows that create an ambiance of warmth and sophistication. Soaring vaulted ceiling with exposed beams add elegance, while a magnificent

  Julie Taylor Applause Real Estate

  6340 Harbor Way, Wentworth, SD 57075
• 

  

  /36

  $269,900

  • 3 Beds
  • 1.5 Baths

  338 N Highland Ave, Pierre, SD 57501

  This home features beautiful hardwood floors, stunning woodwork, and a pressed-tin ceiling in the dining room. The open floor plan connects the dining room to the living room, enhancing the spacious feel of the house. Washer and dryer on the main floor. The backyard is fenced in, has a 2-stall detached heated garage, and alley access. Call your favorite agent today to take a look!

  Morgan Finley Lee Real Estate

  338 N Highland Ave, Pierre, SD 57501
• 

  

  /46

  $270,000

  • 4 Beds
  • 3.5 Baths
  • 2,624 Sq Ft

  109 N Washington, Edgemont, SD 57735

  This amazing 4 bed/3.5 bath, 3120 sf home has been in the same family for 40+ years. The main portion was built in 1951 with 1000 sf on the main level and 1000 sf in basement. This part is considered a raised ranch and has the kitchen, large dining room, full bath and 2 bedrooms. The basement has a large family room, and 2 bonus rooms (windows, but not considered egress windows). There is a

  Christle Beuckens Hegg Realtors, Deadwood

  109 N Washington, Edgemont, SD 57735

Showing Results 521 - 560, Page 14 of 18