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314 Steelhead Dr, River Falls, WI, 54022

3beds
2baths
1,397sqft
$390,000
$279price/sqft
$2,877/moest. monthly cost
$115,080/yrincome needed

About This Home

Welcome to a home that truly stands apart. This modern rambler offers 1,300 sq ft of finished living space today, with the potential to reach nearly 1,900 sq ft once the basement is completed. Built in 2016 and located on the peaceful edge of River Falls, this home blends quiet neighborhood living with quick access to schools, shopping, restaurants, and everything the city offers. The main level features bright, open living spaces, two bedrooms, and convenient main floor laundry. Downstairs, discover the luxury master suite. It includes a spacious bedroom, a huge walk in closet, and a spa worthy soaking tub that turns every evening into a retreat. The remaining basement space is already framed, insulated, and partially finished. Buyers have a rare opportunity to unlock instant equity by completing the final touches and expanding the home to its full 1,900 sq ft potential. Outside, enjoy a fully fenced backyard with installed lawn sprinklers. They were not used this year but are ready to go. The yard is ideal for kids, pets, gardening, or relaxing nights under the stars. This home offers comfort now, value later, and a lifestyle that is hard to beat.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

5/10
7/10
Meyer Middle SchoolGrades 6-82.0 mi
9/10
River Falls High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 2016

Materials

  • Roof: Age Over 8 Years

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area below ground: 362
  • Finished area above ground: 1,035

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,052
  • Total interior livable area: 1,397 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 276020591021
  • Zoning description: Residential-Single Family
  • Foundation area: 914

Features

  • Levels: One
  • Stories: 1
  • Fencing: Chain Link

Lot

  • Lot size: 6,098 sqft
  • Lot size dimensions: 65 x 98 x 65 x 98

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Tornado
Winter Weather
Hail
Inland Flooding

FEMA Declared Disasters Across Wisconsin Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,972$23,664
Home Insurance *$138$1,656
Property Taxes $596$7,152
Electricity $171$2,054
Total$2,877$34,524
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$98,640/yr
40% on housing$86,310/yr
45% on housing$76,720/yr

Wisconsin FAIR Plan Programs

Wisconsin Insurance Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 5,246Commercial: 198
Total Premiums$4.55M
Total Exposure$860.28M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.2%
10.2%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -3.0%
-3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$279This listing

vs Other Active Listings

Avg $/sqft

ZIP 54022$260
Pierce County$217

vs Homes Sold Last Month

Median $/sqft

ZIP 54022$206
Pierce County$215

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-26Listed for sale$390,000
2016-07-13Sold$25,000

For Sale by Agent

AgentShannon Aune
BrokerageProperty Executives Realty

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