Milwaukee-Waukesha Homes Under $400k

Milwaukee-Waukesha features many of the best home builder communities in Wisconsin, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Milwaukee-Waukesha has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Milwaukee-Waukesha area. In fact, there are 21 communities and 13 builders in Milwaukee-Waukesha with homes starting at under $400K.

How to Find Homes in Milwaukee-Waukesha For Less Than $400K?

Many builders recognize there is growing demand in the Milwaukee-Waukesha area for homes under the $400k price point and often have a few floor plans available, but these may be in limited supply. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices.

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            21 Communities

            Quick Move-In Hot Deals

            Ryanwood Manor by Tim O'Brien Homes

            Ryanwood Manor by Tim O'Brien Homes in Milwaukee-Waukesha Wisconsin

            Coming Soon

            homes in Ryanwood Manor by Tim O'Brien Homes
            Tim O'Brien Homes in Menomonee Falls, WI

            From $399,900 - $524,900

            W139N6187 Weyerhaven Dr
            Menomonee Falls, WI 53051

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            Custom Homebuilder
            1 home matches your search

            Weyerhaven by Tim O'Brien Homes

            Weyerhaven by Tim O'Brien Homes in Milwaukee-Waukesha Wisconsin

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            homes in Weyerhaven by Tim O'Brien Homes
            Tim O'Brien Homes in Menomonee Falls, WI

            From $393,900 - $499,900

            W139N6187 Weyerhaven Dr
            Menomonee Falls, WI 53051

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            Custom Homebuilder
            6 homes match your search

            The Glen at Park Circle Condos by Halen Homes

            The Glen at Park Circle Condos by Halen Homes in Milwaukee-Waukesha Wisconsin
            homes in The Glen at Park Circle Condos by Halen Homes
            Halen Homes in Franklin, WI

            From $357,900 - $388,700

            W. Park Circle Way
            Franklin, WI 53132

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            Builder Community
            7 homes match your search

            The Villas at Lake Country Village by Harbor Homes

            The Villas at Lake Country Village by Harbor Homes in Milwaukee-Waukesha Wisconsin
            homes in The Villas at Lake Country Village by Harbor Homes
            Harbor Homes in Oconomowoc, WI

            From $311,800 - $389,900

            N. Sawyer Rd. & Valley Rd.
            Oconomowoc, WI 53066

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            Builder Community
            14 homes match your search

            Brookdale Estates by Tim O'Brien Homes

            Brookdale Estates by Tim O'Brien Homes in Milwaukee-Waukesha Wisconsin

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            homes in Brookdale Estates by Tim O'Brien Homes
            Tim O'Brien Homes in Menomonee Falls, WI

            From $357,900 - $453,900

            W139N6187 Weyerhaven Drive Menomonee Falls,Menomonee Falls,
            Menomonee Falls, WI 53051

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            Custom Homebuilder
            15 homes match your search

            Fairwinds by Bielinski Homes, Inc.

            Fairwinds by Bielinski Homes, Inc. in Milwaukee-Waukesha Wisconsin
            homes in Fairwinds by Bielinski Homes, Inc.
            Bielinski Homes, Inc. in Mukwonago, WI

            From $366,290 - $485,900

            Hwy NN and Fairwinds Boulevard
            Mukwonago, WI 53149

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            Builder Community
            18 homes match your search

            Ryanwood Manor by Halen Homes

            Ryanwood Manor by Halen Homes in Milwaukee-Waukesha Wisconsin
            homes in Ryanwood Manor by Halen Homes
            Halen Homes in Franklin, WI

            From $366,400 - $433,400


            Franklin, WI 53132

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            Builder Community
            10 homes match your search

            Glen Crossing by Halen Homes

            Glen Crossing by Halen Homes in Milwaukee-Waukesha Wisconsin
            homes in Glen Crossing by Halen Homes
            Halen Homes in Oak Creek, WI

            From $357,400 - $519,900

            W Glen Crossing Dr
            Oak Creek, WI 53154

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            Builder Community
            11 homes match your search

            Brookdale Estates by Halen Homes

            Brookdale Estates by Halen Homes in Milwaukee-Waukesha Wisconsin
            homes in Brookdale Estates by Halen Homes
            Halen Homes in Menomonee Falls, WI

            From $389,400 - $461,900


            Menomonee Falls, WI 53052

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            Builder Community
            2 homes match your search

            Hardiman Meadows by Tim O'Brien Homes

            Hardiman Meadows by Tim O'Brien Homes in Milwaukee-Waukesha Wisconsin

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            homes in Hardiman Meadows by Tim O'Brien Homes
            Tim O'Brien Homes in Hartland, WI

            From $379,900 - $484,900

            W275 N6897 Florence Ct
            Hartland, WI 53029

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            Custom Homebuilder
            4 homes match your search

            Top New Home Cities in Milwaukee-Waukesha

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            CityCommunitiesAverage New Home Price
            Menomonee Falls6$431,515
            Waukesha3$545,335
            Sussex3$466,194
            Franklin3$433,236
            Oconomowoc3$436,062
            Summit2$420,940
            Hartland1$418,328
            Dousman1$365,432
            Mukwonago1$381,213
            Oak Creek1$394,677

            New Homes in Milwaukee-Waukesha by Region

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            RegionCommunitiesAverage New Home Price
            Central Milwuakee 1$228,000
            North Milwuakee 24$426,000
            South Milwuakee 35$301,000
            West Milwuakee 46$386,000
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