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Jeff Merrill | Sioux Falls Realtor

The Jeff Merrill Team | Powered by eXp Realty

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Sioux Falls Home Buyers

Practical local guidance for buying a home in Sioux Falls and nearby South Dakota communities, including financing, inspections, offers, appraisals, and closing.

Should You Waive the Home Inspection in Sioux Falls?

Waiving the home inspection in Sioux Falls can win a bid but risks costly surprises. Here's when it makes sense, what it costs, and how to protect yourself.

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.

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.

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.

Do You Need a Realtor for New Construction in Sioux Falls?

Buying new construction in Sioux Falls? The builder's agent works for them, not you — and touring alone first can cost you your own representation. Here's how it works.

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