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Jeff Merrill | Sioux Falls Realtor

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Real Estate Information

Buying a Home With Well and Septic Near Sioux Falls

Buying acreage near Sioux Falls with a well and septic? Budget $400-$650 for inspections, test the water for your loan, and verify the system before you close.

VA Loans in Sioux Falls: Buy With $0 Down

VA loans let eligible Sioux Falls veterans buy with $0 down, no PMI, and a one-time funding fee that disabled vets skip entirely. Here's how they work.

FHA Loans in Sioux Falls: How They Work

FHA loans let Sioux Falls buyers put just 3.5% down with a 580 credit score. Here's how they work, what they cost, and when to choose one over conventional.

Do Buyers Pay Their Agent in Sioux Falls?

Do buyers pay their agent in Sioux Falls? Since the 2024 rule changes you sign a buyer agreement, but sellers often still cover the fee. Here's how it works.

Should You Rent or Buy in Sioux Falls?

Rent or buy in Sioux Falls? Compare a ~$1,150 apartment rent to a ~$2,900 house payment, the break-even math, and when buying wins in 2026.

Should You Sell Your Sioux Falls House FSBO?

Thinking of selling your Sioux Falls home without a realtor? Here's what FSBO really saves, what it can cost you, and the South Dakota steps you can't skip.

Do You Pay Capital Gains Tax Selling a Sioux Falls Home?

Most Sioux Falls home sellers owe no capital gains tax — South Dakota has none and the federal $250K/$500K exclusion covers most gains. Here's when you'd owe.

USDA Loans Near Sioux Falls: Buy With $0 Down

Sioux Falls proper isn't USDA-eligible, but towns like Dell Rapids, Hartford, Madison, and Canistota are — buy with $0 down in 2026. Here's how it works.

How Much Is Home Insurance in Sioux Falls?

Sioux Falls home insurance runs $2,500 to $3,700 a year. Here is why hail drives rates higher, how wind/hail deductibles work, and why roof age matters most.

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