3570/3572 Dexter-Ann Arbor Rd. – Investment Property

3570 & 3572 Dexter-Ann Arbor Rd., Ann Arbor MI3570 3572 Dexter-Ann Arbor Rd., Ann Arbor MI Income and Investment Property

Fantastic investment opportunity! Located on the west side of Ann Arbor, 3570 & 3572 Dexter-Ann Arbor Rd. is a meticulously maintained duplex with a large back yard abutting the woods.

Unit 1 Features:

  • 2 bedrooms and 1 full bath.
  • Finished lower level with laundry room.
  • 1 car, attached garage.

Unit 2 Features:

  • 3 bedrooms and 2 full baths.
  • Finished lower level with laundry room.
  • 1 car, attached garage.

Both units have recently updated kitchens and baths, hardwood floors, and fresh carpet. Situated just 6 minutes from downtown Ann Arbor and close to area freeways. If you’ve been thinking of investing in an income property, this duplex may be for you! Call us to find out more about this opportunity today at 734-761-3060 or email info@bouma.com. View more photos & details for 3570-3572 Dexter-Ann Arbor Rd. here!

855 Wildt, Ann Arbor Condo for Sale Near Downtown

855 Wildt Street, Ann Arbor MI 855 Wildt Street, Ann Arbor MI 48103 Condo for Sale Near Downtown Ann Arbor

The Bouma Group just listed 855 Wildt St., located just on the edge of downtown Ann Arbor. This unique, multi-level unit offers:

  • 2245 square feet, plus 730 in finished view-out lower level, 4 bedrooms, and 3.1 baths.
  • Wood floors and trim, built-ins, granite, and high end finishes throughout.
  • Private outdoor entertaining spaces include 3 decks and a stone patio, all with great views of the city and Huron River.
  • 5 Star+ energy rating, low E-glass tinting, cat 6 wiring, whole house speakers.
  • View more photos and features
  • Virtual tour
  • MLS# 3224974
  • Offered at $749,900

This is not your typical condo living, it has more of a neighborhood feel! If you’d like to find out more about the amenities available at 855 Wildt St., or view this residence, contact us today at 734-761-3060 or email info@bouma.com. Search for more condos in Ann Arbor here!

Ann Arbor Real Estate Statistics – July 2014

Inventory Begins to Trend Downward for Ann Arbor

Ann Arbor Real Estate Statistics for July 2014
Inventory for Ann Arbor Real Estate appears to have peaked in June when there were 542 homes listed for sale in the school district. At the end of July, there were 515 homes for sale, down 5%. When compared with July 2013, inventory is around the same, but the number of closed listings is down slightly from 1267 to 1217, about 4%. Low inventory with steady sales continues to be the trend and is keeping Ann Arbor in an overall balanced market on the edge of a seller’s market with a 5.1 month’s supply of homes.

At The Bouma Group we have 4 full time, licensed buyer’s agents and they are all reporting that a lack of inventory is halting their buyers from making a purchase. With buyers ready to write an offer on a property when it becomes available for sale, the competition is more fierce and multiple offer situations are common. If you’d like to know more about the current Ann Arbor Real Estate market, whether you are a potential buyer and/or seller, contact us today at 734-761-3060 or email info@bouma.com. We track every aspect of the market by neighborhood, price point, elementary school and more and can help you make a stress-free move!

1396 Heatherwood Lane, Ann Arbor Condo for Sale

1396 Heatherwood Lane, Ann Arbor MI1396 Heatherwood Lane, Ann Arbor MI Condo for Sale

Just Listed! Move right into this ground floor, end unit at the popular Heatherwood condo community. Features of 1396 Heatherwood include:

  • 1101 square feet with 2 bedrooms and 2 full baths.
  • New carpet, paint, water heater, furnace blower and main valve.
  • Covered patio, in-unit laundry, and detached 1 car garage.
  • Complex offers an in-ground pool, clubhouse, and volleyball court.
  • More photos & features
  • MLS# 3224556
  • Listed for $152,000

For more information on 1396 Heatherwood Lane, Ann Arbor or to schedule a private showing, contact us at The Bouma Group, Realtors at 734-761-3060 or email info@bouma.com. View more Ann Arbor Condos here!

Home Improvements That Pay Off When Selling Your Home

Home RemodelingNot all home remodeling projects are created equal – especially when you’re trying to get the biggest bang for your buck when it comes time to sell your property.

So before you spend thousands of dollars on that home remodeling project you’ve been dreaming about, make sure that you’re armed with the facts first.

Today, we’re going to tell you which of the most common home renovation projects are worth the investment, and which ones you’re better off doing without. The answers may surprise you.

Roofs and New Siding: Not Very Glamorous but Quite Impactful

Remodeling Magazine reports that you’re more likely to recoup your investment on such features as your roof or your siding than you are on bathroom or kitchen remodels.

In fact, siding replacement recouped 92.8 percent of its investment while roof replacements recouped 90 percent or more at resale.

Roof replacement appears to be most important to buyers in the east, with home owners recouping an average 96.3 percent of the cost. In the Midwest, that average return was around 71.1 percent.

That’s because home buyers care more about the overall structure of the home than they do about an aesthetically pleasing kitchen.

What’s more, a recently replaced roof or new siding tells buyers that their maintenance costs are going to be low to non-existent for the first few years. And it’s impossible to understate how important that is to buyers.

Kitchens: A Sound Investment or Not?

The consensus is unanimous: Kitchen remodels are an excellent way to spend your home renovation dollars – but only if you don’t spend too much out the gate.

In fact, minor kitchen remodels (in the ballpark of $15,000 or less) returned 92.9 percent of the investment. That number dropped off on bigger remodeling projects in the kitchen.

Some features to focus on in the kitchen include all wood cabinets, commercial-looking appliances, stone floors and stone counter tops.

How About Bathrooms?

Bathrooms are also a fantastic place to invest your home remodeling dollars. Often, home owners are pleasantly surprised to discover that they get a 100 percent plus return on their investment.

For instance, a $9,400 bathroom remodel in Baltimore recently recouped 182 percent of its cost at resale.

Some features that you may want to focus on during a bathroom remodel include floor-to-ceiling steam showers and walk-in showers.

And if you only have one bathroom in your home, spend your money on adding a second bathroom instead of remodeling the only bathroom you have.

Don’t Forget To Consider Your Home’s Curb Appeal!

People often focus their remodeling dollars on the inside of the home but the exterior is just as important – if not more so.

After all, a potential home buyer will form an opinion about your home before they ever step foot inside.

Perhaps that’s why adding siding is such a sound investment when you look at the return you could get at resale.

Another way to make sure your home has adequate curb appeal is by adding a front porch or other architectural features to make your home more inviting.

Give Buyers Extra Room to Grow

Finally, consider adding another room to your home during a remodeling project.

We’ve already talked about the benefits of adding a bathroom. But the same principles hold true for other room additions as well.

In fact, for every 1,000 square feet added to a home, your sales price will increase by more than 30 percent, according a 2005 National Association of Realtors study.

One caveat to this rule: Don’t add so much extra space that your home becomes the most expensive home in the neighborhood. That’s a sure way to turn off home buyers.

Just a Few More General Notes About Home Remodels

RS1551_shutterstock_983846-lprRegardless of what type of project you select, remember that the following factors will also help determine your return on investment:

  • The Value of Your Home
  • The Value of the Homes in Your Neighborhood
  • The Housing Market You’re Located In
  • How Soon You Sell Your Home After the Home Improvement Project
  • The Quality of the Home Improvement Project

Your #1 Resource for Real Estate Trends and News

Hopefully you learned something today about home remodeling projects and how much they really benefit you as a prospective home seller. Make sure to follow our blog to receive the latest updates on real estate trends like these and how they may impact you! As always, contact us directly at 734-761-3060 or email info@bouma.com if you’d like to learn more about the real estate market on a national level or in Washtenaw County!

1304 Horman Court, Ann Arbor Listing in Burns Park

1304 Horman Court, Ann Arbor MI1304 Horman Court, Ann Arbor Listing for Sale in Burns Park

Just Listed! All the charm you would expect from a classic Burns Park home. Situated on a cozy lane, this 2.5 story with a white picket fence offers:

  • 1620 square feet, plus 700 in the finished lower level, 3 bedrooms, a study, and 1.1 baths.
  • Freshly painted, gleaming hardwood floors, crown molding and trim, built-ins, and lots of updates throughout.
  • Second level bath updated with new tile and fixtures.
  • More photos & details
  • Virtual tour
  • MLS# 3224370
  • Listed for $450,000

If you’d like to see this beautiful home at 1304 Horman Court, contact the real estate specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com today!

Finding the Right Buyer’s Agent for You

The Right Buyer’s Agent is Crucial!Buyer's Agent Meeting with Clients at a Home

You’ve decided to move, maybe even relocating from across the country, and are excited about finding the home of your dreams. There are many ways to search for homes – hundreds of on-line search sites, printed publications, driving through neighborhoods, visiting open houses, and even through social media. But finding the right Buyer’s Agent is crucial to your home search, your home buying experience, and path to a successful closing! The right Buyer’s Agent will:

  • Be an experienced specialist in the particular area you are searching in.
  • Listen to your needs and ask the right questions to narrow down your criteria, so you don’t waste time viewing the wrong homes.
  • Explain the entire home buying process so you know exactly what to expect.
  • Be in touch with the market, so when a new listing comes to the market, you’ll be the first to know about it.
  • Be available for you to view properties in a timely manner so you don’t miss out on the perfect home.
  • Advise you of the best way to make an offer and negotiate in any type of market.
  • Be part of successful real estate team that can ensure a successful, stree-free closing.

Don’t rely on just any agent to help you with your most important financial decision, not to mention your future happiness! At The Bouma Group, our experienced, full time Buyer’s Agents study the market and know the ins and outs of every Ann Arbor neighborhood and condo complex, and how to maneuver all types of markets.  Learn more about the home buying experience here and our team of experience Buyer’s Agents!

 

3572 Whispering Oaks, Ann Arbor Home at Briar Hill

3572 Whispering Oaks, Ann Arbor MI3572 Whispering Oaks, Ann Arbor MI Home for Sale at Briar Hill

New Listing at Briar Hill! Freshly painted 2 story home with a traditional floor plan ready for your finishing touches! Features include:

  • 2268 square feet, plus 700 in the finished lower level, 4 bedrooms, and 2.2 baths.
  • Soaring 2 story foyer is open to the formal living and dining rooms.
  • Family room with cozy fireplace and sliding doors to the deck and treed back yard.
  • More photos & features
  • Virtual tour
  • MLS# 3223994
  • Listed for $359,900

For more information on 3572 Whispering Oaks and to request your private showing, contact the Ann Arbor Real Estate specialists with The Bouma Group today at 734-761-3060 or info@bouma.com. View Briar Hill subdivision sales statistics here!

10730 Coopersfield, Chelsea MI Home with Acreage

10730 Coopersfield, Chelsea MI10730 Coopersfield Rd., Chelsea MI Luxury Home with Acreage

Welcome to this luxurious 28 acre estate at 10730 Coopersfield Rd. located just a short drive from Ann Arbor, Jackson, and the metro Detroit area. Features include:

  • 3925 square feet, plus 2000 in finished walk-out lower level, 4 bedrooms and 5.1 baths.
  • Private 3 acre, stocked lake; separate heated outbuilding; garage with softened hot & cold water; and generator plug-in.
  • Soaring 2 story family room has a wall of windows viewing the incredible property, built-ins and a cozy fireplace.
  • 2 Owner’s suites, one on the first level and one on the second level.
  • Lower level with second kitchen, huge family room, full bath, and storage.
  • More photos & features
  • Virtual tour
  • MLS# 3224113
  • Listed for $724,900

To learn more about the real estate listing at 10730 Coopersfield, or to request a private showing, contact us at The Bouma Group today at 734-761-3060 or email info@bouma.com. View more of our Featured Properties here!

1540 Newport Creek, Ann Arbor Luxury Home

1540 Newport Creek, Ann Arbor1540 Newport Creek, Ann Arbor Luxury Home

New Listing! Situated on an exceptional wooded lot in the prestigious Newport Creek neighborhood, this well appointed home offers:

  • 4146 sq. ft. with an additional 2114 in the finished lower level, 4 bedrooms, a study, and 4.1 baths.
  • An arched doorway, highlighted by stately pillars, separates the formal living & dining areas.
  • Incredible gourmet kitchen has 2 islands, cherry cabinets, granite, bar area, and eating space.
  • Master bedroom suite with tray ceiling, bayed sitting area, walk-in closet, and bath with spa tub.
  • Lower level features a beautiful wet bar, 2nd family room, guest suite, theater room, and storage.
  • More photos & features
  • Virtual tour
  • MLS# 3223907
  • Listed for $1,150,000

To request a private showing for 1540 Newport Creek or to learn more about this luxury home, contact the Ann Arbor Real Estate specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com today!