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Housing "Mapleton has it!"
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Advantages in the
cost of housing are a powerful attractant! Mapleton welcomes
new residents who will benefit immediately from our low
housing cost. |
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 Our new subdivision, Water Tower Place, offers residents building lots
from $5,000-$10,000. Local builders declare that a typical very
comfortable 3 bedroom home could be constructed for around $125,000.
Of course, building costs will depend upon personal preferences. This
example is meant to demonstrate the quality of living and comparative
low cost.
Mapleton generally has a limited number of homes for sale which is
representative of the strong local economy. Homes and commercial
properties in town are well cared for and neat which demonstrates the
pride of Mapleton's citizens. Many homes suitable for families of 4-6
can be purchased for $50,000-$75,000. As far as style and design,
Mapleton has an interesting combination of various architecture
ranging from older Victorian homes to modern ranches and split levels.
Real estate taxes are very affordable as a home owner in Mapleton with
a home assessed at $100,000 in Mapleton would only pay approximately
$1,500-$2,000 annually.
There are a wide variety of rental accommodations in Mapleton as well
ranging from older, two story homes remodeled into smaller apartments
to large, condo style apartments. During the last several years, three
new condo style apartment complexes have been built to help meet the
demand for housing. Additionally, at various times there are single
family homes for rent. Rent ranges from $250 for the smaller
apartments to $600-$800 per month for the condo style units and single
family homes.
Meadow
Park is a housing development built to meet the growing needs of a mature adult community and to meet the need of a different type of housing in Mapleton, Iowa. It is hoped that this development will create a housing environment which enhances privacy and individual lifestyles opportunities within the larger Mapleton community.
Tax Abatement
The City of Mapleton currently offers an Application for tax
abatement on residential and commercial properties. Following are
the Exemptions:
Residential
All qualified real estate assessed as residential property or
assessed as commercial property, if the commercial
property consists of three or more separate living quarters with at
least seventy-five percent of the space used for
residential purposes, is eligible to receive a one hundred percent
(100%) exemption from taxation on the actual
value added by the improvements. The exemption is for a period of
five (5) years. Improvements must increase the
assessed value by a minimum of 10%.
Commercial / Industrial
All qualified real estate assessed as commercial or industrial
property is eligible to receive a one hundred percent
(100%) exemption from taxation on the actual value added by the
improvements. The exemption is for a period of
three (3) years. Improvements must increase the assessed value by a
minimum of 10%.
See the Mapleton Revitalization Plan for further details.
Commercial land building sites for light manufacturing are available. Prices and specifications can be discussed with one of our
Real Estate Agents
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Check out the other benefits of the Maple Valley and how living here can improve your lifestyle.
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