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1065 Lower Ridgeway, Elm Grove, WI, 53122

3beds
4baths
2,723sqft
$978,000
$359price/sqft
$6,516/moest. monthly cost
$260,640/yrincome needed

About This Home

Lovingly cared for by owner for over 50 years, this phenomenal colonial is a once-in-a-lifetime opportunity! Entry hall welcomes you to foyer, w/ arched doorways & classic center staircase. Crown molding, wide plank wood floors & intricate millwork. LR anchored by tiled GFP makes for a warm gathering space. DR features BICC & NFP. KIT offers white cabinetry, quartz countertops & a dinette area. Morning room is perfect spot to enjoy your coffee or unwind, w/ convenient access to 1st floor full BA. Half BA completes 1st floor. Upstairs, find all 3 BR. Primary BR w/ en suite BA, dressing room & adjacent den/office/nursery. Additional full BA upstairs. Lower level RR with NFP! Thoughtfully landscaped .40 acre yard to enjoy all year long. Close proximity to so much that Elm Grove has to offer!

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

8/10
9/10
10/10
East High SchoolGrades 9-122.4 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1928

Materials

  • Construction materials: Brick,Brick/Stone,Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Other,Oven,Range,Refrigerator,Washer,Water Softener Rented

Basement

  • Has basement: Yes
  • Basement: Block,Partially Finished

Bathroom

  • Features: Tub Only,Master Bedroom Bath: Walk-In Shower,Master Bedroom Bath

Bedroom2

  • Level: Upper
  • Area: 210

Bedroom3

  • Level: Upper
  • Area: 90

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 216

Features

  • Flooring: Wood
  • Finished area below ground: 273
  • Finished area above ground: 2,450

Heating

  • Heating features: Natural Gas,Radiant/Hot Water

Interior Area

  • Total structure area: 2,723
  • Total interior livable area: 2,723 sqft

Kitchen

  • Level: Main
  • Area: 162

Living Room

  • Level: Main
  • Area: 322

Master Bedroom

  • Level: Upper
  • Area: 216

Office

  • Level: Main
  • Area: 80

Property

Details

  • Parcel number: EGV 1106083
  • Zoning: RES
  • Exclusions: See Property Info Sheet Under ''documents Tab'' In Mls.

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Living area range: 2501-3000,2501 or more

Lot

  • Lot size: 0.40 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Attached,2 Car
  • 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
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Inland Flooding
Tornado
Winter Weather

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 $4,945$59,340
Home Insurance *$292$3,504
Property Taxes $1,024$12,288
Electricity $255$3,070
Total$6,516$78,192
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$223,405/yr
40% on housing$195,480/yr
45% on housing$173,760/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: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -2.4%
-2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$359This listing

vs Other Active Listings

Avg $/sqft

ZIP 53122$276
Waukesha County$288

vs Homes Sold Last Month

Median $/sqft

ZIP 53122$264
Waukesha County$238

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
2026-05-08Listed for sale$978,000

For Sale by Agent

AgentKatherine Sprague
BrokerageFirefly Real Estate, LLC

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