The Fizbit

Fizbo Market Record — March 30, 2026 Compared against 229 active listings in Madison, 14,500 across Wisconsin, and 182,000+ nationwide, here is where this property stands. This condo at Sunset Bay Lane is a 3-bedroom, 1-bathroom cottage built in 1997, offering 1,508 square feet of living space. The listing notes that all appliances and most furnishings are included, making it ready for move-in. Notably, the property features 15 feet of frontage on the Townsend Flowage, with a dock available for recreational use. Priced at $299,000, this condo ranks as one of the most expensive listings in Townsend, priced above 100% of active inventory in the city. However, when compared to statewide listings, it falls in the 36th percentile, indicating that it's still relatively affordable. The price is equivalent to the city median, but significantly higher than the state median. In terms of size, this condo is one of the largest in the city, with a square footage ranking in the 0th percentile. One notable aspect of this listing is its age - built in 1997, it's among the newer properties in Townsend, with a year-built percentile of 0th (higher = newer). However, when considering price per square foot, this condo ranks as one of the most expensive listings in the city, priced above 100% of competing condos. This suggests that the seller may be pricing aggressively to reflect the property's unique features and location. While the listing a range of amenities, including ATV/UTV trails and snowmobile access, it's worth noting that only 12% of competing listings in Townsend feature an in-law suite or similar multi-generational living arrangements. This could be a differentiator for the property, particularly among buyers seeking a unique lifestyle. With only two active listings in Townsend, this condo is competing against a relatively small pool of inventory. However, without days-on-market data, it's difficult to assess market timing and pricing strategy.