Hidden Costs of Buying a Home in Hudson, WI (and How to Plan for Them)

Buying a home in Hudson, WI or the Twin Cities isn’t just an exciting life move—it’s a big financial commitment. And while finding that perfect place near the St. Croix River or in the heart of St. Paul feels like the finish line, there are several “hidden” costs you’ll want to prepare for.

At The Johnson Group, we help buyers navigate these details every day. Whether you're a first-time homebuyer or relocating from out of state, here’s what to expect—and how to budget wisely for a smooth home-buying journey.

1. Home Inspection Fees: Know What You’re Buying

A professional home inspection is a non-negotiable step, especially in areas like Hudson, Stillwater, and Woodbury, where homes range from charming century-old builds to newer suburban developments.

Typical costs: $300–$600 (sometimes more for specialized inspections)

Additional services you might need:

• Radon testing

• Sewer scope

• Termite/pest inspection

• Chimney or HVAC evaluations

Pro Tip: Older homes in Hudson may need extra attention—like foundation checks or electrical updates. We once helped a buyer uncover a $15K plumbing issue in a home that “looked perfect” on the surface. That inspection was worth every penny.

2. Closing Costs: The Sneaky Final Hurdle

Aside from your down payment, you’ll also need to budget for closing costs, which typically add up to 2%–5% of the home’s purchase price.

These can include:

• Appraisal fees

• Loan origination fees

• Title insurance

• Recording fees

• Attorney or legal services (in some cases)

Ask your lender for a detailed breakdown early in the process. In areas like Hudson and Minneapolis, some buyers even negotiate for sellers to help cover part of these costs—especially if the seller is motivated.

3. Maintenance & Repairs: Budget for the “What Ifs”

Once you get the keys, the costs don’t stop. All homes—whether new builds or older properties—require ongoing maintenance.

We typically recommend setting aside:

• 1%–3% of the home’s value annually for general upkeep

Common items to watch for:

• Roof repairs

• HVAC servicing

• Appliance replacements

• Seasonal landscaping or snow removal

Example: In Western Wisconsin, homes with larger lots often need annual tree trimming or septic system servicing—both can run into the hundreds (or thousands).

4. Utility Costs: Location and Age Matter

Utility bills can vary widely depending on:

• Square footage

• Energy efficiency

• Age of home

• Season (hello, Midwest winters!)

What to ask the seller:

• A 12-month utility history

• Age of furnace, water heater, windows, and insulation

• Whether the home uses gas or electric heat

Fun fact: Many Hudson homes built in the early 2000s lack modern insulation or energy-saving windows—budget accordingly if you're moving into one of these.

5. Property Taxes & HOA Fees: Don’t Be Surprised

Property taxes differ across city lines. In Hudson, they tend to be lower than in places like Minneapolis or St. Paul, but they can still impact your monthly mortgage payment.

Also consider HOA fees, which may apply in:

• Townhome communities

• Newer developments

• Planned neighborhoods

These fees can range from $50–$500/month depending on amenities like:

• Lawn care

• Snow removal

• Community pools or fitness centers

The Johnson Group can help you compare taxes and HOA obligations across neighborhoods.

How The Johnson Group Can Assist You

At The Johnson Group, we specialize in Hudson WI real estate and homes for sale across the Twin Cities metro. We’re here to:

• Help you anticipate hidden costs

• Recommend trusted inspectors and lenders

• Compare tax and HOA differences by area

• Create a smart, realistic homebuying budget

We’ve helped clients avoid unexpected costs and negotiate stronger deals simply by asking the right questions early on.

Ready to make a move in Hudson or the surrounding area?
Let’s talk! Contact The Johnson Group at Coldwell Banker Realty today to start your journey.

If you're thinking about moving to Hudson or exploring homes for sale in the Twin Cities, we’re here to walk you through every step—from budget planning to move-in day.

📞 Call us at 651-333-7656
🌐 Or visit www.johnsonhomegroup.com to explore listings, get financing tips, and connect with a local expert.

Written by Mark Johnson, REALTOR® and owner of The Johnson Group at Coldwell Banker Realty. With over 20 years of experience helping clients across Hudson, WI and the Twin Cities, Mark is passionate about delivering expert real estate guidance with a personal touch.