Ashley Terrace, Downtown Ann Arbor Condo Report

Ashley Terrace Condo Report – September 2014Ashley Mews Condos, Downtown Ann Arbor Highrise Lofts

Located in the heart of downtown Ann Arbor, this chic high-rise condo building is completed and has since seen increased values. There are currently 4 units listed for sale and so far this year, 4 units have sold.

Condos For Sale:

  • $439,000. 111 N. Ashley #702, Ann Arbor. 1259 square feet with 2 bedrooms and 2 baths.
  • $479,000. 111 N. Ashley #809, Ann Arbor. 1078 square feet with 2 bedrooms and 2 baths.
  • $479,900. 111 N. Ashley #512, Ann Arbor. 1343 square feet with 2 bedrooms and 2 baths. Listed by The Bouma Group
  • $499,000. 111 N. Ashley #609, Ann Arbor. 1200 square feet with 2 bedrooms and 2 baths.

Sold Condos:

  • $240,000. 111 N. Ashley #513, Ann Arbor. 658 square feet with 0 bedrooms (efficiency) and 1 bath.
  • $315,000. 111 N. Ashley #604, Ann Arbor. 863 square feet with 1 bedroom and 1 bath.
  • $360,000. 111 N. Ashley #903, Ann Arbor. 1006 square feet with 2 bedrooms and 1.1 bath.
  • $449,900. 111 N. Ashley #801, Ann Arbor. 1067 square feet with 2 bedrooms and 2 baths. Listed by The Bouma Group

Last year at Ashley Terrace, 16 condos sold with an average sale price of $367,688 and average price per square foot of $303.00.  The 4 condos that sold this year have an ASP of $337,500, down 8%, and APSF of $374.00, up 23%. Sale prices took a big dive in 2010 and while not where they were when construction began, they are steadily rising. For more information on condo values at Ashley Terrace or any Ann Arbor Condos, contact us at The Bouma Group today at 734-761-3060 or email info@bouma.com.

Ann Arbor Real Estate Market Update – August 2014

Strong Summer Market for Ann Arbor Real Estate

Ann Arbor Real Estate Statistics for August 2014
As the 2014 summer real estate market for Ann Arbor comes to a close, inventory and sales remain steady. While sales for the past 12 months are slightly behind where they were in August 2013, inventory is virtually the same with 509 homes currently listed for sale compared with 507 last year. Overall, Ann Arbor has just crossed into a balanced market with a 5.1 month supply of homes for sale. A balanced market also helps to steady home prices which have been quickly rising this year while we were in a seller’s market.

Fall is looking to be strong as well as homes that went under contract through the summer begin to close. We typically see a rise in home sales at this time and will continue to keep you posted on the trends! Here at The Bouma Group we continually track every aspect of the market by price range, school district, and even neighborhood. Check out our Ann Arbor neighborhoods and see the home statistics for each one. As always, if you have any questions whatsoever on Washtenaw County Real Estate contact us at 734-761-3060 or email info@bouma.com today!

1016 W. Madison, Ann Arbor Home in Eberwhite Neighborhood

1016 W. Madison, Ann Arbor MI1016 W Madision, Ann Arbor Home in Eberwhite Neighborhood

Just Listed! Located in the sought after Eberwhite elementary neighborhood, 1016 W. Madison offers many new updates and lots of charm. Details include:

  • 1622 square feet, plus 939 in finished lower level, 3 bedrooms, 3 baths.
  • Living room has hardwood floors and cozy wood burning stove.
  • New carpet, front windows, paint, and updated first floor bath.
  • More photos & features
  • MLS# 3225096
  • Listed for $259,900

To set up a showing or get more information on this westside Ann Arbor home, contact us at The Bouma Group today at 734-761-3060 or email info@bouma.com. View more of our Featured Listings here!

Bouma Blitz Open House Spectacular – Sunday 9/7

Bouma Group Open Houses for Sunday 9/7

1711 Morton, Ann Arbor – Open 2-4 pm

1711 Morton Ave., Ann Arbor Home in Burns Park
Located in the heart of Burns Park, this solid brick home was built by the workmen of the Hermitage. Features 2397 square feet, plus 550 in finished lower level, 3 bedrooms and 2.1 baths. Beautiful hardwood floors. Family room addition opens to patio.  View photos, details, and map here.  Listed for $659,900

 

 

11745 Spencer Lane, Pinckney – Open 2-4 pm

11745 Spencer Lane, Pinckney MI Home on the Chain of Lakes
One-of-a-kind home is a 1920′s barn transformed into an art studio and residence that offers a treat to the senses. Hidden in the woods, surrounded by gardens with Baseline lake access. 5371 square feet with 4 bedrooms, 4 baths, and 2 kitchens. 2 story living room has unique silo fireplace. View photos, details, and map here.  Listed for $700,000

 

 

2553 West Liberty, Ann Arbor – Open 2-4 pm

2553 West Liberty, Ann Arbor MI Real Estate Listing for Sale
Minutes from downtown Ann Arbor, this 1920′s, 4 bedroom home boasts a renovated full bath, beautiful original woodwork, and an expansive four season room. Large two+ car garage and second outbuilding. View photos, details, and map hereListed for $312,500

 

 

If you’re searching for a new home or just seeing what’s out there, come visit one of our open houses this Sunday, September 7 from 2-4 pm. Click on each property link for directions. If you have any questions on these, or any real estate listings, contact us at The Bouma Group today!

2175 Loch Highland, Dexter MI Luxury Home for Sale

2175 Loch Highland, Dexter MI 2175 Loch Highland, Dexter MI Luxury Home for Sale

Just Listed! If you’re looking for luxury, quality, and upgrades in a gorgeous setting, this custom built European manor is the home for you. The outstanding features include:

  • 6009 square feet of living space with 4 bedrooms, a study, 3.2 baths, and more.
  • Truly gourmet kitchen has a huge island, granite counters and marble floor, stunning cabinetry, and high-end stainless appliances.
  • Desirable first floor master bedroom suite features a lavish bath with spa tub, dual vanities, walk-in shower, and heated ceramic floor.
  • Screened porch, finished bonus space over garage, and huge deck add even more indoor and outdoor living spaces.
  • More photos and features
  • Virtual tour
  • MLS# 3225272
  • Offered at $1,250,000

To learn more about the spectacular Dexter Real Estate listing at 2175 Loch Highland, or to request a private viewing, contact the specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com.

2553 W. Liberty, Ann Arbor Real Estate Listing

2553 West Liberty, Ann Arbor MI2553 West Liberty, Ann Arbor MI Real Estate Listing for Sale

New Listing! Located just minutes from downtown, this classic Ann Arbor home offers a traditional floor plan with many possibilities. Details include:

  • 1260 square feet with 4 bedrooms and 2 baths
  • Large four-seasons room off back of home.
  • Gorgeous, original wood doors and trim throughout.
  • 2+ car garage, plus an additional outbuilding.
  • More photos and details
  • MLS# 3223795
  • Listed for $312,500

Previously used as business space, 2553 W. Liberty offers a great location, and with an expanded kitchen would make a beautiful single family home again. To learn more about this property and to schedule your private showing, contact the Ann Arbor Real Estate specialists with The Bouma Group at 734-761-3060 or email us at info@bouma.com today!

7118 Hogan Dr., Ypsilanti MI Home at Streamwood

7118 Hogan Drive, Ypsilanti MI7118 Hogan Drive, Ypsilanti Township MI Home for Sale at Streamwood Sub

Just Listed at Streamwood Subdivision! Light and airy ranch style home with vaulted ceilings throughout. Features include:

  • 1360 square feet with an additional 1000 in the finished lower level, 3 bedrooms, and 2.1 baths.
  • Living room has cozy fireplace.
  • Master bedroom suite features private bath.
  • Fenced back yard is great for pets and/or children.
  • More photos & features
  • MLS# 3224975
  • Listed for $164,900

For more information on 7118 Hogan Drive and to schedule a private showing for this Ypsilanti Township home, contact the real estate specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com.

Ann Arbor Condo Market Update – July 2014

The Condo Market Peaks for Summer

Ann Arbor Condo Statistics for July 2014

With inventory and sales beginning to decline, it appears that the Ann Arbor Condo market has reached its peak for the summer. However, inventory and sales are way above where they have been in previous years, indicating a continued recovery. Overall, it continues to be a seller’s market with a 4.3 month supply of condos available for sale with every price range at or below 5, with the exception of the over $1M range, which is seeing increased activity.

The Bouma Group has been the number one seller of condos in Ann Arbor for more than 15 years and continues to be the real estate market leaders. To learn more about a specific condo community or a certain price range, contact us at 734-761-3060 or email info@bouma.com. Start your search for Ann Arbor Condos here!

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!