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Market Snapshot
Located in the gorgeous Great Lakes region, Waukesha offers a markedly relaxed pace of life as compared to downtown Milwaukee, which is less than 20 miles away. Housing is affordable, the climate highly affable, there’s an upturn in job creation and the crime rate has seen a downward trend for many years now. Little surprise then that 247Wallst.com ranked Waukesha the 8th‘Best Place to Live’ in America for 2015.
Waukesha has a strong sense of community as evident by the numerous public events hosted in the city all year round. Be it the public screening of movies on Monday nights under starry skies at Cutler Park or the summer concert at the same venue whose highlights include Broadway musicals and fabulous solo performances, your family always has something to do!
The recipe for a great weekend can begin with a day out at Fox River Park, where you can hike, bike, rollerblade, fish and even canoe along the Fox River. Follow that up with a visit to the spectacular planetarium at Retzer Nature Center before taking some time off for yourself at the Pewaukee Golf Club’s beautiful greens. Wrap up the day by treating yourself to Pat’s delectable ribs, Meiji’s authentic eastern or the traditional American fare at John’s, a place also known to serve the best root beer in town.
Although it’s essentially a Milwaukee suburb, Waukesha’s economy has grown at a great pace over the past decade. And while many from the city still commute to their jobs in places like Milwaukee, a majority remain employed in local industries like healthcare, engineering and technology. Largest employers in Waukesha include venerated names like GE Healthcare, Cooper Power Systems and Nissen Staffing.
It brings us to the most important bit, housing. Home prices in Waukesha are indeed quite friendly to first-time buyers. How else do you explain 1,600-1,700 sq. ft. single-family homes for sale with three bedrooms and two baths for a price in the early 300s! Don’t mind bumping up that figure by another hundred grand? Let New Home Source give you a complete lowdown on what kind of home your money can buy in Waukesha.
Market Overview: New Construction in Waukesha, WI
Here is a quick overview of housing developments in Waukesha, as well as the new construction outlook for new build homes in Waukesha:
| City | Waukesha |
| State | Wisconsin |
| Metro Area | Milwaukee |
| New Home Communities | 38 |
| Quick Move in Homes | 86 |
| Homes Under Construction | 55 |
| Starting Price | $299,990 |
| Average Price | $746,610 |
| Price Per Square Foot | $349 |
| Home Builders | 4 |
| Builders in Waukesha |
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Customizable Options in Waukesha
| Floor Plans Available | 288 |
| Bedroom Count | 1 to 5 |
| Bathroom Count | 2 to 3 |
| Square Footage Range | 1,400 to 3,307 sq/ft. |