Archives: March 2018

Arbor Pointe, Ann Arbor Subdivision Report for 2017

Arbor Pointe Year End Report – 2017Ar bor Pointe subdivision, Ann Arbor MI

2017 was a decent year for Arbor Pointe with 5 condos sold, 1 of which The Bouma Group was involved with. The amount of sales decreased by 3 condos compared to the previous year. Offers that were both above and below the listing price were accepted, showing negotiation between the buyer and seller.

Sold Homes:

  • $390,000. 5623 Cedar Ride Dr., Ann Arbor. 2200 sq. ft., + 1000 in finished lower level, 4 bedrooms and 2.1 baths.
  • $385,150. 239 Cloverleaf Ct., Ann Arbor. 2319 sq. ft., + 800 in finished lower level, 4 bedrooms and 2.1 baths.
  • $382,500. 247 Wild Rose Ct., Ann Arbor. 2196 sq. ft., + 1000 in finished lower level, 6 bedrooms and 3.1 baths. Listed by The Bouma Group
  • $374,500. 167 Wild Ivy Ct., Ann Arbor. 1839 sq. ft., + 800 in finished lower level, 4 bedrooms and 3.1 baths.
  • $373,000. 5721 Cedar Ridge Dr., Ann Arbor. 2302 square feet with 4 bedrooms and 2.1 baths.

So far this year, 1 home has sold in Arbor Pointe with a sale price of $380,000, which is a slight decrease to the average sale price of $381,030 in 2017. The average price per square foot for the 5 condos sold in 2017 is $177.00, which is an increase of 10% in comparison to the A$/SF in 2016. For more details and information about Arbor Pointe, contact the real estate specialists with The Bouma Group at (734)761-3060 or by emailing info@bouma.com. View the previous market report for Arbor Pointe here!

Fox Pointe, Ann Arbor Condominium Report for 2017

Fox Pointe Year End Condo Report – 2017

In 2017, Fox Pointe sold a total of 10 condos; 3 of which The Bouma Group was involved with. The sale increased this year by doubling compared to the previous year. On average, the sale price exceeded the listing price, allowing home owners to have control.Fox Pointe condos, Ann Arbor, MI

Sold Condos:

  • $225,000. 1375 Fox Pointe Cir., Ann Arbor. 1382 square feet with 2 bedrooms and 2.0 baths. Listed by The Bouma Group
  • $224,900. 1358 Fox Pointe Cir., Ann Arbor. 1382 square feet with 2 bedrooms and 2.0 baths.
  • $223,000. 1434 Fox Pointe Cir., Ann Arbor. 1382 square feet with 2 bedrooms and 2.0 baths.
  • $220,000. 1495 Fox Pointe Cir., Ann Arbor. 1382 square feet with 2 bedrooms and 2.0 baths. Listed by The Bouma Group
  • $220,000. 1460 Fox Pointe Cir., Ann Arbor. 1382 square feet with 2 bedrooms and 2.0 baths.
  • $218,000. 1422 Fox Pointe Cir., Ann Arbor. 1382 square feet with 2 bedrooms and 2.0 baths.
  • $215,000. 1488 Fox Pointe Cir., Ann Arbor. 1382 square feet with 2 bedrooms and 2.0 baths.
  • $205,000. 1464 Fox Pointe Cir., Ann Arbor. 1382 square feet with 2 bedrooms and 2.0 baths. Listed and Sold by The Bouma Group

For a complete list of Sold Condos at Fox Pointe, Ann Arbor, contact us at (734)761-3060

Currently, the average sale price of condos at Fox Pointe is $215,690, which is an increase of 15.5% compared to the ASP in 2016. The average price per square foot for the 10 condos sold in 2017 is $156.00. which is also an increase of 15.5% in comparison to the A$/SF of $135.00 in the previous year. For more details and information about Fox Pointe, contact the condo specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View the previous market report for Fox Pointe here!

Walnut View, Ann Arbor Condominium Report for 2017

Walnut View Year End Condo Report – 2017

In 2017, Walnut View sold a total of 4 condos; 1 of which The Bouma Group was involved with. The sales increased by 1 condo compared to the previous year. Offers that were both above and below the listing price were accepted which shows negotiation between the buyers and sellers.Walnut View Condos, Ann Arbor, MI

Sold Condos:

  • $453,575. 1335 Nottington Ct., Ann Arbor. 1521 sq. ft., + 1200 in finished lower level, 3 bedrooms and 3.0 baths.
  • $366,000. 3275 Chamberlain Cir., Ann Arbor. 1401 sq. ft., + 900 in finished lower level, 2 bedrooms and 3.0 baths.
  • $358,500. 1311 Nottington Ct., Ann Arbor. 1401 sq. ft., + 1000 in finished lower level, 4 bedrooms and 3.0 baths.
  • $356,000. 1327 Nottington Ct., Ann Arbor. 1401 sq. ft., + 1051 in finished lower level, 2 bedrooms and 3.0 baths. Listed by The Bouma Group

Currently, the average sale price of condos at Walnut View is $383,519, which is an increase of 15% compared to the ASP in 2016. The average price per square foot for the 10 condos sold in 2017 is $267.00, which is also an increase of 15% in comparison to the A$/SF in the previous year. For more details and information about Walnut View, contact the condo specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View the previous market report for Walnut View here!

Walnut Glen, Ann Arbor Condominium Report for 2017

Walnut Glen Year End Condo Report – 2017

In 2017, Walnut Glen sold a total of 10 condos; 3 of which The Bouma Group was involved with. The amount of sales stayed consistent with 10 condos selling last year as well. Frequently, the sale price was similar to the listing price which is favorable for both the buyer and seller.Walnut Glen Condos, Ann Arbor, MI

Sold Condos:

  • $255,000. 1157 Joyce Ln., Ann Arbor. 1160 square feet with 2 bedrooms and 2.0 baths. Sold by The Bouma Group
  • $215,000. 1052 Joyce Ln., Ann Arbor. 1319 square feet with 3 bedrooms and 2.0 baths.
  • $200,000. 1227 Joyce Ln., Ann Arbor. 1160 square feet with 2 bedrooms and 2.0 baths.
  • $185,500. 1167 Joyce Ln., Ann Arbor. 1251 square feet with 2 bedrooms and 2.0 baths. Listed by The Bouma Group
  • $185,000. 1050 Joyce Ln., Ann Arbor. 1195 square feet with 2 bedrooms and 2.0 baths. Sold by The Bouma Group
  • $179,500. 1135 Joyce Ln., Ann Arbor. 1160 square feet with 2 bedrooms and 2.0 baths.
  • $177,900. 1101 Joyce Ln., Ann Arbor. 1195 square feet with 2 bedrooms and 2.0 baths.
  • $177,900. 1255 Joyce Ln., Ann Arbor. 1140 square feet with 2 bedrooms and 2.0 baths.

Currently, the average sale price of condos at Walnut Glen is $191,530, which is an increase of 6% compared to the ASP in 2016. The average price per square foot for the 10 condos sold in 2017 is $161.00, which is an increase of 8% in comparison to the A$/SF of $149.00 in 2016. For more details and information about Walnut Glen, contact the condo specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Learn more about Walnut Glen here!

Costly Mistakes to Avoid After You Buy Your First Home

A single-level ranch-style house with a front porch, two-car garage, and well-maintained front yard.First Home Mistakes to Avoid!

You’re smart. You’re doing your research about home buying and homeownership (like you are right now!), so you feel like you’re prepared to avoid common home buying pitfalls. But you’ll soon find that once you’ve moved in, there is a whole new list of common problems that plague unwary first-time homeowners.

To help you make the best buying and ownership decisions possible, we’ve outlined some of the the biggest blunders that first-time buyers make after closing on their home.

Investing in Too Many Upgrades

Not every home improvement project is worth the money or effort. Many first-time homeowners make the mistake of not considering a project’s return on investment, at least until it’s time to sell the house down the road.

If you want to know which home improvements are worth the investment, talk with a real estate agent or get a market report for your neighborhood. Give us a call at 734-761-3060 and we’ll send one to you.

Ignoring “Minor” Maintenance Issues

Water dripping out of a long kitchen faucet and into the sink.As your home ages, seemingly minor issues may arise. But be careful: A dripping faucet, crumbling caulk, or slanting floors could spiral into much bigger headaches if you don’t take care of them quickly.

To avoid shelling out hundreds or even thousands of dollars down the road, tackle these maintenance issues as soon as you can.

We’re happy to provide local vendor recommendations if you need maintenance work. Just contact us!

Choosing the Cheapest Repair Option

Quality comes at a price, especially when it comes to making repairs. Whether it’s picking up a cheap tool set or going with the lowest bid for a service provider, many first-time homeowners make the mistake of sacrificing quality for cost.

Contact us and we’ll be happy to recommend a high-quality local service provider.

Trying to DIY a Complicated Project

A large bathroom with white countertops, a white standing tub, white bidet, frameless glass shower, and orange walls.Some things can be done yourself. Think painting, hanging up shelves, or sprucing up the front entry.

But when it comes to stuff like plumbing, electricity, or structural engineering, think again. Hiring a professional will save you time and money — and keep you from starting a project you don’t know how to finish.

Need to talk to a contractor? Call us and we’ll give you recommendations.

Not Preparing for the Unexpected

A sudden job change, severe weather damage, or major maintenance problem can throw a wrench in your plans. Be sure that you budget accordingly for unexpected expenses as a homeowner.

We’re Happy to be a Resource

As local real estate experts, we have a wealth of information that can help you avoid many of these first-time home buying and homeownership mistakes. Contact us at The Bouma Group, Realtors at 734-761-3060 or email info@bouma.com to learn more.

Weatherstone, Ann Arbor Condominium Report for 2017

Weatherstone Year End Condo Report – 2017

In 2017, Weatherstone sold a total of 32 condos, 2 of which The Bouma Group was involved with. The sales have doubled from last year.  On average, the sale price exceeded the listing price, allowing home owners to have control.Weatherstone Condos, Ann Arbor, MI

Sold Condos:

  • $245,000. 1653 Coburn Dr., Ann Arbor. 1422 square feet with 3 bedrooms and 2.0 baths.
  • $231,500. 1682 Coburn Dr., Ann Arbor. 1400 square feet with 2 bedrooms and 2.0 baths.
  • $231,000. 1643 Coburn Dr., Ann Arbor. 1400 square feet with 2 bedrooms and 2.0 baths.
  • $211,000. 1651 Coburn Dr., Ann Arbor. 1052 square feet with 2 bedrooms and 1.0 baths.
  • $205,000. 1637 Coburn Dr., Ann Arbor. 1052 square feet with 2 bedrooms and 1.0 baths.
  • $203,000. Weatherstone Dr., Ann Arbor. 1266 square feet with 2 bedrooms and 2.0 baths.
  • $185,000. 1506 Long Meadow Tr., Ann Arbor. 1190 square feet with 2 bedrooms and 2.0 baths. Listed by The Bouma Group
  • $189,900. 1540 Long Meadow Tr., Ann Arbor. 1101 square feet with 2 bedrooms and 2.0 baths. Sold by The  Bouma Group

For a complete list of Sold Condos at Weatherstone, Ann Arbor, contact us at (734)761-3060

Currently, the average sale price of condos at Weatherstone is $190,717, which is an increase of 7% compared to the ASP in 2016. The average price per square foot for the 32 condos sold in 2017 is $163.00, which is an increase of 11.5% in comparison to the A$/SF of $146.00 in the previous year. For more details and information about Weatherstone, contact the condo specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View the previous condo report for Weatherstone here!

Geddes Lake, Ann Arbor Condominium Report for 2017

Geddes Lake Year End Condo Report – 2017

In 2017, Geddes Lake sold a total of 30 condos; 1 of which The Bouma Group was involved with. The sales increased by 1 condo compared to the previous year. Offers that were both above and below the listing price were accepted, and selling prices tended to be close to the LP.Geddes Lake Condo, Ann Arbor, MI

Sold Condos

  • $240,000. 729 Peninsula Ct., Ann Arbor. 1516 square feet with 3 bedrooms and 2.1 baths.
  • $240,000. 3121 Lake Haven Dr., Ann Arbor. 1516 square feet with 3 bedrooms and 2.1 baths.
  • $238,000. 3023 Lake Haven Dr., Ann Arbor. 1516 square feet with 3 bedrooms and 2.1 baths. Sold by The Bouma Group
  • $230,500. 799 Watersedge Dr., Ann Arbor. 1516 square feet with 3 bedrooms and 2.1 baths.
  • $230,000. 621 Watersedge Dr., Ann Arbor. 1516 square feet with 3 bedrooms and 2.1 baths.
  • $225,000. 628 Watersedge Ct., Ann Arbor. 1516 square feet with 2 bedrooms and 2.1 baths.
  • $223,000. 731 Watersedge Dr. #239, Ann Arbor. 1260 square feet with 2 bedrooms and 1.1 baths.
  • $222,400. 689 Watersedge Dr., Ann Arbor. 1260 square feet with 2 bedrooms and 1.1 baths.

Currently, the average sale price of condos at Geddes Lake is $204,297, which is an increase of 10.5% compared to the ASP in 2016. The average price per square foot for the 30 condos sold in 2017 is $157.00, which is an increase of 8% in comparison to the A$/SF of $145.00 in the year prior. For more details and information about Geddes Lake, contact the condo specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View the previous market report for Geddes Lake here!

2402 Brockman Blvd., Ann Arbor Home in Burns Park

2402 Brockman, Ann Arbor MI 2402 Brockman Blvd., Ann Arbor Home for Sale in Burns Park Neighborhood48104

New Listing! Built in the 1930’s, this Burns Park charmer is situated on a beautiful tree-lined street within walking distance of schools and parks. Features include:

  • 2280 sq. ft., +500 of finished space in the lower level, 4 bedrooms and 2.1 baths.
  • Hardwood floors, arched doorways, coved ceilings, and a wood-burning fireplace.
  • Formal living and dining rooms, plus a family room for more living space.
  • More photos and features
  • Virtual tour
  • MLS# 3254728
  • Listed for $625,000

For more details or to schedule a private showing for 2402 Brockman, contact the Ann Arbor Real Estate specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com. Learn more about the Burns Park Neighborhood here!

Meadow Grove, Ann Arbor Condominium Report for 2017

Meadow Grove Year End Condo Report – 2017

In 2017, Meadow Grove sold a total of 6 condos; 2 of which The Bouma Group was involved with. The amount of sales stayed consistent with 6 condos selling in 2016 as well.  Frequently, the sale price exceeded the listing price, allowing home owners to have control.Meadow Grove Condos, Ann Arbor, MI

Sold Condos:

  • $320,000. 3622 Bent Trail Dr., Ann Arbor. 1576 sq. ft., + 750 in finished lower level, 3 bedrooms and 3.1 baths.
  • $297,000. 3525 Meadow Grove Tr., Ann Arbor. 1087 sq. ft., + 700 in finished lower level, 3 bedrooms and 3.0 baths.
  • $296,000. 3628 Meadow Grove Tr., Ann Arbor. 1666 sq. ft., + 500 in finished lower level, 3 bedrooms and 3.1 baths. Listed by The Bouma Group
  • $296,000. 3598 Bent Trail Dr., Ann Arbor. 1622 sq. ft., + 600 in finished lower level, 3 bedrooms and 3.1 baths.
  • $276,400. 3520 Meadow Grove Tr., Ann Arbor. 1491 sq. ft., +695 in finished lower level, 2 bedrooms and 2.1 baths. Listed by The Bouma Group
  • $265,000. 3601 Meadow Grove Tr., Ann Arbor. 1531 square feet with 2 bedrooms and 2.1 baths

Currently, the average sale price of condos at Meadow Grove is $291,733, which is a bigger increase of 17% compared to the ASP in 2016. The average price per square foot for the 6 condos sold in 2017 is $199.00, which is a large increase of 20.5% in comparison to the A$/SF of $165.00 in the previous year. For more details and information about Meadow Grove, contact the condo specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View the previous market report for Meadow Grove here!

Woods of Ann Arbor Condominium Report for 2017

Woods of Ann Arbor Year End Condo Report – 2017

In 2017, Woods of Ann Arbor sold a total of 2 condos; 1 of which The Bouma Group was involved with. The sales doubled this year, as only 1 condo sold the previous year. Both selling prices were similar to the listing price, which is favorable for both the sellers and the buyers.Woods of Ann Arbor Condos, Ann Arbor, MI

Sold Condos:

  • $279,000. 2421 Mulberry Ct., Ann Arbor. 1476 square feet with 2 bedrooms and 2.1 baths. Listed by The Bouma Group
  • $270,000. 2457 Mulberry Ct., Ann Arbor. 1440 square feet with 2 bedrooms and 2.1 baths.

Currently, the average sale price of condos at Woods of Ann Arbor is $274,500, which is a decrease of 14% compared to the sale price of the condo sold in 2016. Between the 2 condos sold last year, the average price per square foot is $188.00 which is a decrease of 8% in comparison to the price per square foot of $204.00 from the year prior. Note: the single condo in 2016 had 100+ more square feet and an additional bedroom, in contrast to the average of the two condos sold this past year. For more details and information about Woods of Ann Arbor, contact the condo specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View the previous market report for Woods of Ann Arbor here!