Homeownership

Your Questions—Answered.

Still have a few more questions about what makes the Governor’s House program a great option for your next home purchase? Get the full rundown of how it all works in the frequently asked questions below.

The price of the two-bedroom home is $50,200, and the price of the three-bedroom is $57,900.* This includes the price of the house, transportation to your lot and placement on the foundation or basement. Additional placement charges may apply, depending upon lot location.

*Prices subject to change and do not include applicable taxes

Consider the price of the lot; the cost of putting in the foundation or basement; state, city and excise taxes; water and utility hook-ups; floor coverings and appliances. Other considerations may include a survey, sidewalks, driveway, curb and gutter. A ramp may also be added at the homebuyer's expense.

You should finance your Governor’s House property like any other house you may purchase. Contact a local lender for financing options and information.

Yes—SDHDA will provide plans for a basement or footing and foundation plans for a crawlspace.

Yes—if placing your home on a basement, plans indicate where the stairway cutout is located.

The home may be placed anywhere in South Dakota.*

*Lot must be accessible to movers.

Governor's House properties must be the homebuyer’s only place of residence.

You must live in the home for three years before you can sell the home at a profit above documented costs. If you sell the house before three years of residence, you may only recoup your initial investment.

Unfortunately, no. Each person/couple can only buy one such property in a lifetime. Nonprofits, however, can buy more than one for their communities, as long as the homes are sold to qualified buyers.

Yes—as long as this house is your only residence.

Anyone who meets the income guidelines is eligible to purchase a house, regardless of whether they have owned a home before or if this is the first time they are purchasing a home.

Yes—you can select Canyon Drift or Charcoal Smoke vinyl siding.

SDHDA will provide the manufacturer name and color code, so that you can purchase matching siding from a local dealer.

There is a crawlspace access framed in, in the back bedroom's closet floor—though it is not cut out.

Yes—all walls are taped, textured and painted.

The exterior walls are 2" x 6" studs, 16"o.c., 7/16" OSB Sheathing + 1½" XPS Insulation. The interior walls are 2" x 4" studs, 16"o.c., ½" Gypsum board.

The houses include R21 Batt insulation + 7/16" OSB + R7.5 1½” foam = R28.5 insulation.

Yes—it comes with an Air Source Heat Pump.

An electric hot-water heater is provided. A water softener is not included.

The properties also include solid wood cabinets, four telephone jacks, three cable TV hookups, five closets, two outside electrical outlets, a 30" range hood with a light, a bathroom fan, three smoke detectors and one smoke + CO2 detector. Standard light fixtures are included.