3412 12 N 10th Ave, Sioux Falls, SD 57104

Brand-New Construction | Large Backyard | Affordable Financing Available Welcome home to this thoughtfully designed new construction Governor's Home offering 1,200 sq. ft. of efficient, modern living on an oversized lot. Built with durable 2x6 stick construction for enhanced energy efficiency, this home features smart design, neutral finishes, and plenty of room to grow. The open-concept main level includes three bedrooms and two bathrooms, highlighted by a private primary suite with en suite bath. Enjoy the convenience of main-floor laundry with a brand-new washer and dryer included. The eat-in kitchen features stainless steel appliances and a dishwasher, making everyday living and entertaining effortless. An attached double garage adds functionality, while the unfinished basement presents an excellent opportunity to build equity. It is already framed for a future family room, two additional bedrooms, and another bathroom. Buyer Qualification Requirements Purchasers must meet the following program guidelines: Income limits: $71,540 or less for 1–2 person households $81,760 or less for households of 3 or more Net worth limits: Age 61 or younger: less than $125,000 total net worth or $105,000 in liquid assets Age 62 or older: less than $250,000 total net worth or $140,000 in liquid assets Buyer must occupy the home as their primary residence. Financing Details This incredible price includes an $11,400 forgivable loan from SDHDA: Purchase price: $265,000 First mortgage: $253,600 Soft second mortgage assumed at closing: $11,400, forgiven at $2,280 per year over five years To check eligibility, contact rhea@secog.org. A rare opportunity to own brand-new construction with a large yard and an affordable path to homeownership—don’t miss out! Additional Notes: Interior photos are virtually staged and taken from a similar property; finishes will be comparable but not identical.