Archives: January 6, 2021

Allmendinger Heights, Ann Arbor Real Estate Report for 2020

Allmendinger Heights Year End Market Report – 2020

In 2020, Allmendinger Heights sold a total of 7 homes. The amount of sold inventory decreased by 2 homes versus the previous year. Most homes were sold below the listing price or equal to it.

Homes Sold in 2020:

  • $490,000. 1208 Birk Avenue, Ann Arbor. 1530 square feet with 4 bedrooms and 2.0 baths.
  • $443,350. 1128 South 7th Street, Ann Arbor. 1296 sq. ft., + 864 in the finished lower level; 4 bedrooms and 2.0 baths.
  • $440,000. 1211 Hutchins Avenue, Ann Arbor. 1404 sq. ft., + 468 in the finished lower level; 3 bedrooms and 2.0 baths.
  • $399,000. 1216 Birk Avenue, Ann Arbor. 1107 sq. ft., + 746 in the finished lower level; 3 bedrooms and 2.0 baths.
  • $380,000. 1134 Hutchins Avenue, 1170 square feet with 3 bedrooms and 1.0 bath.
  • $339,000. 821 South 7th Street, Ann Arbor. 1216 square feet with 3 bedrooms and 1.0 bath.
  • $250,000. 1215 Franklin Boulevard, Ann Arbor. 808 square feet with 2 bedrooms and 1.0 bath.

Currently, the average sale price at Allmendinger Heights is $391,621, which is a 16.3% decline compared to the ASP of $468,111 in 2019. The average price per square foot is $321.31, which is an 11.6% increase in comparison to the A$/SF of $287.79 in 2019. For more information about homes at Allmendinger Heights, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor homes here!

Liberty Glen, Ann Arbor Real Estate for 2020

Liberty Glen Year End Market Report – 2020

In 2020, Liberty Glen sold a total of 7 homes; 1 of which The Bouma Group was involved with. The amount of sold inventory increased by 3 homes compared to last year. Both offers above and below the listing price were accepted creating favorable agreements for both sellers and buyers.

Homes Sold in 2020:

  • $432,500. 423 Burr Oak Drive, Ann Arbor. 2308 square feet with 4 bedrooms and 2.1 baths.
  • $430,000. 648 Burr Oak Drive, Ann Arbor. 1991 sq. ft., + 500 in the finished lower level; 3 bedrooms and 2.1 baths.
  • $420,000. 2887 Atterberry Drive, Ann Arbor. 2290 sq. ft., + 800 in the finished lower level; 3 bedrooms and 2.1 baths.
  • $415,000. 591 Trego Circle, Ann Arbor. 2256 square feet with 3 bedrooms and 2.1 baths. Sold by The Bouma Group
  • $405,000. 682 Trego Circle, Ann Arbor. 1802 sq. ft., + 612 in the finished lower level; 3 bedrooms and 2.0 baths.
  • $389,000. 2935 Atterberry Drive, Ann Arbor. 1857 sq. ft., + 700 in the finished lower level; 3 bedrooms and 2.1 baths
  • $316,000. 495 Burr Oak Drive, Ann Arbor. 1858 square feet with 3 bedrooms and 2.0 baths.

Currently, the average sale price at Liberty Glen is $401,071, which is a 6.3% decrease compared to the ASP of $428,175 in 2019. The average price per square foot is $195.32, which is a 5.7% increase in comparison to the A$/SF of $185.66 in 2019. To learn more about the housing market at Liberty Glen contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor homes here!

Mortgages Made Easy: How to Choose the Right Home Loan

Key Takeaways:

  • As mortgage rates continue hovering near historic lows, many potential buyers are eager to make a move—but it can be hard to know which type of loan is best.
  • There are dozens of different mortgage options available today, and some even have low down payment or credit score requirements. This can help a variety of buyers finally achieve their real estate goals. 
  • Need help finding a lender or choosing the right mortgage for your needs? We’d be more than happy to offer a few recommendations.

Home Financing 101: The Most Common Types of Mortgages

Let’s face it—understanding mortgages can be the most complicated part of buying a home. Even experienced buyers sometimes have trouble deciding between lenders or shopping around for the best interest rate. And because there are so many options, it can be difficult to track down the mortgage that best meets your needs.

There are a variety of factors you should consider before committing to a loan, such as your income, debt, financial history, and how long you plan on staying in your new home. But if you play your cards right, you could end up scoring a great deal. Here are some of the most popular types of mortgages, as well as their pros and cons. Continue reading

Walsh Farms, Dexter Real Estate Report for 2020

Walsh Farms Year End Market Report – 2020

In 2020, Walsh Farms sold a total of 4 homes. There was 1 more home sold this year compared to the year prior. On average, offers made below the listing price were accepted, although sellers will be happy to know it was only minimally.

Homes Sold in 2020:

  • $779,900. 8133 Trail Ridge, Dexter. 4647 sq. ft., + 2500 in the finished lower level; 5 bedrooms and 4.1 baths.
  • $560,000. 8287 Trail Ridge, Dexter. 2696 sq. ft., + 1536 in the finished lower level; 4 bedrooms and 3.1 baths.
  • $545,000. 7663 Fox Trace Road, Dexter. 2349 square feet with 4 bedrooms and 3.0 baths.
  • $368,000. 8330 Trail Ridge, Dexter. 2108 square feet with 3 bedrooms and 2.0 baths.

Currently, the average sale price at Walsh Farms is $563,225, which is a 7.5% increase compared to the ASP of $523,933 in 2019. The average price per square foot is $195.53, which is an increase of $8.2% in comparison to the A$/SF of $180.64 in 2019. For more information and details about the housing market at Walsh Farms, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Dexter homes here!