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Jeff Merrill | Sioux Falls Realtor

The Jeff Merrill Team | Powered by eXp Realty

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July 2026

How Much House Can You Afford in Sioux Falls?

How much house can you afford in Sioux Falls? At today's rates, budgeting for a $340k median home means planning for taxes, hail insurance, and your real DTI.

New Construction vs. Resale in Sioux Falls: How to Choose

New construction runs about $65,000 more than resale in Sioux Falls, but builder incentives narrow the gap. Here's how to decide which one is right for you.

What Are Buyer Closing Costs in Sioux Falls?

Buyer closing costs in Sioux Falls run about 2–5% of the price — roughly $9,000–$12,000 on a median home. Here's the full breakdown and how to lower it.

Should You Buy or Sell Your House First in Sioux Falls?

Buying or selling first in Sioux Falls? Compare bridge loans, HELOCs, and sale contingencies, plus what today's market means for your move.

What to Do If Your Sioux Falls Appraisal Comes In Low

A low appraisal in Sioux Falls doesn't kill your deal. You can renegotiate, bring cash, request a Reconsideration of Value, or walk with your earnest money.

How Much Earnest Money Do You Need in Sioux Falls?

In Sioux Falls, earnest money usually runs about 1% of the price — roughly $3,000 on a $314,000 home. Here's how much to offer and how to protect it.

Should You Test for Radon Buying a Sioux Falls Home?

Sioux Falls sits in EPA Radon Zone 1, averaging about 6 pCi/L. Here's how radon testing works, what mitigation costs, and how to handle it in your offer.

What Does It Cost to Sell a House in Sioux Falls?

Selling in Sioux Falls? Here's what commission, the SD transfer fee, title insurance, and closing fees really run — and how to figure your true net proceeds.

Down Payment Help for Sioux Falls First-Time Buyers

First-time buyer in Sioux Falls? South Dakota's SDHDA program offers 3–5% down payment help as a 0% second mortgage. Here's how to qualify and use it.

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