How the NFL Draft and Rent Restrictions Affect Ashwaubenon Housing
- The 2025 NFL Draft was awarded to Green Bay on May 22, 2023
- Ashwabenon Village Council approved a short-term rental ordinance requiring a minimum stay of 6 nights on May 23, 2023
- The market remains strong for sellers, despite restrictions on those who want to buy homes to rent out as an investment property.
(The following is a transcript of the full broadcast story)
Ashwaubenon is preparing for the 2025 NFL Draft — and the economic boost it will bring. I’m Carl Winter, the Schwabenon neighborhood reporter, and a realtor tells me that the already strong local housing market in the village will only get better for the sellers.
“There was a lot of demand for that before the draft was announced,” Mark Olenichak said.
Realtor Mark Olenicak, whose father was once the head of a bottling company, says the housing market in Ashwabenon has been really strong.
“With the draft, I think it inflates it even more,” Olenicak said.
Houses near Lambeau, he says, command big money.
“If they’re closer to Lambeau Field, especially within walking distance, that’s amazing,” Olenicak said.
This house near Lambeau costs just under $500,000…but this house, about the same size and age, three blocks from the ballpark, costs less than $300,000.
Olenicak says some interested buyers are looking for an investment…
“Those who want to get rent and want to make a profit, of course, it’s a good opportunity,” Olenicak said.
Recently, however, the village council passed an ordinance to restrict short-term rent in part to maintain standard residential housing in the village.
“If you’re looking to buy a property as an income-generating opportunity, this law may affect that, from a long-term point of view,” said Joel Grygozewski.
Village manager Joel Gregozeski says the law requires homeowners to rent their property for a minimum of six nights if they rent it out for more than ten nights a year. Gregozeski hopes this will lead to development away from Lambeau Field.
“We can really encourage redevelopment and growth,” Gregozeski said. “If you look anywhere along the Holmgren Corridor, you will see a lot of development and new growth happening to support that demand for people who want to live, work and play here.”
One thing is for sure: Ashwabenon is ready to welcome the world.
“People are excited about it,” Olenicak said. “Really excited.”
(tags for translation) ashwabenon