All posts by Martin Bouma

Cambridge Condos, Ann Arbor Report

Cambridge Condo Report – October 2017Cambridge Condos, Ann Arbor MI

Cambridge is a great Ann Arbor complex, the polished brownstones have many features including cathedral ceilings, walk-in closets, attached garages, and more; the location also offers many nearby amenities. There is currently 1 condo listed for sale and so far this year, 3 have sold.

Condos for Sale:

  • $240,000. 2910 Signature Blvd., Ann Arbor. 1400 sq. ft., + 200 in finished lower level, 2 bedrooms and 2.0 baths.

Sold Condos:

  • $255,000. 2930 Signature Blvd., Ann Arbor. 1400 sq. ft., + 300 in finished lower level, 3 bedrooms and 2.0 baths.
  • $249,900. 2944 Signature Blvd., Ann Arbor. 1473 square feet with 2 bedrooms and 2.0 baths.
  • $230,000. 2924 Signature Blvd. #30, Ann Arbor. 1488 square feet with 2 bedrooms and 2.0 baths.

Last year at Cambridge, 7 condos sold with an average sale price of $231,654 and an average price per square foot of $169.00. The 3 condos sold this year have an ASP of $244,967, up 6%, and an A$/SF of $169.00, the same as last year. To learn more about condo values at Cambridge, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condominiums here!

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1495 Fox Pointe Cir., Ann Arbor Condo in Fox Pointe

1495 Fox Pointe Cir., Ann Arbor, MI1495 Fox Pointe

Just Listed! Light-filled, upper level 2 bedroom 2 full bath ranch style condo in Fox Pointe.  Details for 1495 Fox Pointe Cir. include:

  • 1,382 sq ft with 2 bedrooms and 2 full bathrooms.
  • Open concept living/dining/kitchen areas with vaulted ceilings and a private screened-in balcony, as well as a bonus room that can be used as an office or flex space.
  • Large kitchen has plenty of cabinets for storage and newer white appliances.
  • The master bedroom has a large en suite bathroom, with dual sinks and separate soaking tub and shower.
  • More photos and features.
  • MLS #3252528.

Contact The Bouma Group, Realtors today to schedule your private showing of 1495 Fox Pointe Cir. 734-761-3060 or info@bouma.com

View photos and amenities for Fox Pointe Condominiums.

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The Downs, Ann Arbor Real Estate Update

The Downs Real Estate Update – October 2017The Downs, Ann Arbor MI Subdivision of Estate Homes

Situated in beautiful Scio Township, The Downs is an estate style neighborhood with Dexter schools. There is currently 1 home listed for sale and so far this year, 0 have sold. In 2016, 1 home sold.

Home for Sale:

  • $850,000.  2735 Walters Way, Ann Arbor. 4295 sq. ft., +880 in finished lower level, 4 bedrooms and 5.1 baths. Sale Pending, Listed by The Bouma Group

Home Sold 2016:

  • $987,000.  2720 Walters Way, Ann Arbor. 4117 sq. ft., +1971 in finished lower level, 5 bedrooms and 3.2 baths.

Due to the small size of this subdivision, typically only 1 home sells per year. To view more market statistics, a neighborhood description and photos, visit The Downs web page. For more information on current listings and home values, contact the Real Estate specialists with The Bouma Group at 734-761-3060 or email info@bouma.com. View more Ann Arbor Neighborhoods here!

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5 Home Staging Mistakes That Frighten Buyers Away

 

5 Frightening Home Staging Mistakeshouse with dark staircase

Halloween is just around the corner. For many homeowners, that means carving pumpkins, hanging up Halloween decorations, and stocking up on fun-sized candy. But if you’re a homeowner who is thinking about selling this fall season, you might be preparing your home for buyers instead of trick-or-treaters.

Home staging is a crucial part of home selling preparation. According to the National Association of REALTORS® 2017 Profile of Home Staging, 33% of buyers’ agents and 29% of sellers’ agents believe that a staged home increases the amount buyers are willing to pay up to 5%. On a $200,000 property, that’s $10,000!

But is your home effectively staged to sell? If you are preparing your home yourself, beware of these staging mistakes that scare away home buyers — and potentially thousands of dollars.

1. A Dark and Spooky Entryway

Your front entry is one of the first things buyers notice about your home. Peeling paint, deep shadows, and uninviting colors don’t create the best first impression. Turn your front entryway into a focal point by painting your door a bright color that complements your home.

cobwebs on dusty night stand2. Cobwebs in the Corners

At a showing, buyers are going to inspect virtually everything: light fixtures, closets, ceilings, you name it. Thoroughly clean your home from top to bottom (or hire a professional) to make it look like new. You can always ask a friend or neighbor to take an objective look at your home. Continue reading

Saline Real Estate Market Update – 3rd Quarter 2017

Saline Home Sale Prices Up 7%

Saline Real Estate Statistics for 3rd Quarter

The Saline Real Estate market finishes off the third quarter in a slight seller’s market with a 4.7 month supply of homes available for sale. This is especially evident in the under $500,000 range with all price points in a seller’s market. This changes over $500,000 with a large amount of homes for sale in each category with a high month supply. Year-to-date, fewer homes have been listed and sold which is driving the average sale price up. At the end of September, 346 homes were listed, compared with 404 the same time last year. 257 homes have sold compared with 278 and the average Saline home sale price has increased 7%, going from $367,348 in 2016 to $394,763.

For sellers, this is a great time to get your home listed for sale! Inventory is low and sale prices keep rising. Want to know what your home is worth? Contact us at The Bouma Group, Realtors at 734-761-3060 or email info@bouma.com and find out! See what is happening in your particular Saline neighborhood or search for homes here!

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Brentwood Square Condos, Ann Arbor Report

Brentwood Square Condo Report – October 2017Brentwood Square Condos, Ann Arbor MI

Brentwood Square is a great Ann Arbor Complex surrounded by 19 acres of wooded nature area and a pond with a fountain, the condos have quality craftsmanship and outdoor maintenance is cared for. There is currently 1 condo listed for sale and so far this year, 7 have sold.

Condos for Sale:

  • $265,000. 1870 Lindsay Ln., Ann Arbor. 1402 square feet with 2 bedrooms and 2.0 baths. Sale Pending

Sold Condos:

  • $280,000. 1900 Lindsay Ln., Ann Arbor. 1402 square feet with 2 bedrooms and 2.0 baths.
  • $270,000. 1919 Lindsay Ln., Ann Arbor. 1402 square feet with 2 bedrooms and 2.0 baths.
  • $267,000. 1854 Lindsay Ln., Ann Arbor. 1402 square feet with 2 bedrooms and 2.0 baths.
  • $259,000. 1958 Lindsay Ln., Ann Arbor. 1563 square feet with 2 bedrooms and 2.0 baths.
  • $255,000. 1932 Lindsay Ln., Ann Arbor. 1402 square feet with 2 bedrooms and 1.1 baths.
  • $251,000. 1934 Lindsay Ln., Ann Arbor. 1563 square feet with 3 bedrooms and 2.0 baths.
  • $233,000. 1962 Lindsay Ln., Ann Arbor. 1027 square feet with 2 bedrooms and 1.1 baths.
  • $208,000. 1866 Lindsay Ln., Ann Arbor. 926 square feet with 2 bedrooms and 1.1 baths.

Last year at Brentwood Square, 4 condos sold with an average sale price of $194,824 and an average price per square foot of $179.00. The 7 condos sold this year have an ASP of $250,571, up 29%, and an A$/SF of $195.00, up 9%. To learn more about condo values at Brentwood Square, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condominiums here!

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The Hidden Horrors of Going FSBO (For Sale by Owner)

piggy bank surrounded by coinsMany home sellers have considered skipping the real estate agent to save on closing costs, but very few have actually succeeded in seeing those savings. There’s a good reason: the average homeowner doesn’t have the rigorous training and real estate knowledge that a licensed agent does.

But just what makes For Sale By Owner (FSBO) such a bad idea? From incessant inconveniences to costly paperwork mistakes, here are a few of the horror stories that FSBO sellers inevitably encounter.

The Daunting Task of Marketing Your Home

It takes more than a “For Sale” sign in your front yard to make buyers notice your home. According to the National Association of Realtors, 95% of buyers use the Internet in their home search.

This means that online marketing — starting with listing your home on the local listings database, sharing your listing to dozens of social media platforms, and advertising your listing on numerous websites with a global audience — is essential to selling your home.

Without an Agent, Home Marketing Isn’t Cheap

This is where it gets expensive: yard signs, newspaper ads, brochures, high-quality photographs, and a professional-looking website — things real estate agents have at their disposal — are your responsibility to finance and maintain when you have to do your home’s marketing yourself. Continue reading

8794 Mast Rd., Contemporary Dexter Home on One Acre of Land

8794 Mast Rd., Dexter, MI8794 Mast Rd.

Just Listed! You won’t want to miss out on calling this 2 story Contemporary home your own! The home at 8794 Mast Rd. boasts:

  • 1,824 sq ft with 3 bedrooms and 2 and a half bathrooms.
  • The large, open first floor has a living room with a gas fireplace, a dining room with access to the back deck, and a kitchen with new cabinetry, granite counters, and newer appliances.
  • Upstairs you will find the large master suite with full bathroom and vaulted ceilings, as well as 2 additional bedrooms and another full bathroom.
  • The large 1 acre yard is surrounded by mature trees. There is also a fire pit for bonfires as well as a hot tub on the back deck.
  • More photos and features
  • Virtual Tour
  • MLS #3252435
  • Listed for $299,900.

Contact The Bouma Group, Realtors today to schedule your private showing for 8794 Mast Rd. at 734-761-3060 or email  info@bouma.com.

 

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Ashford Place Condos, Ann Arbor Real Estate Report

Ashford Place Condo Report – October 2017Ashford Place condos Ann Arbor MI

Ashford Place is a luxury Ann Arbor complex, the spacious townhomes are surrounded by a beautiful landscape with wooded areas and two ponds. There are currently 0 condos listed for sale and so far this year, 3 have sold.

Sold Condos:

  • $355,000. 2721 Winter Garden Ct., Ann Arbor. 1961 square feet with 3 bedrooms and 2.1 baths.
  • $350,000. 2730 Winter Garden Ct., Ann Arbor. 1961 square feet with 3 bedrooms and 2.1 baths.
  • $328,000. 2753 Maitland Dr., Ann Arbor. 2155 sq. ft., + 1000 in finished lower level, 2 bedrooms and 3.1 baths.

Last year at Ashford Place, 5 condos sold with an average sale price of $337,400 and an average price per square foot of $158.00. The 3 condos sold this year have an ASP of $344,333, up slightly, and an A$/SF of $171.00, up 8%. To learn more about condo values at Ashford Place, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condominiums here!

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The Preserve of Dexter Real Estate Update

The Preserve of Dexter Update – October 2017The Preserve of Dexter, Dexter MI Subdivision

Located in beautiful Scio Township, The Preserve of Dexter is home to custom luxury residences. There are currently 0 homes listed for sale and so far this year, 2 have sold.

Sold Homes:

  • $860,000.  3978 Glacier Lake Ct., Dexter. 3652 square feet with 4 bedrooms and 3.1 baths.
  • $639,000.  4497 Lake Vista Dr., Dexter. 2787 sq. ft., +1200 in finished lower level, 4 bedrooms and 3.1 baths.

Last year at The Preserve of Dexter, 2 homes sold with an average sale price of $729,950 and an average price per square foot of $263.00.  The 2 homes sold this year have an ASP of $749,500, up 3%, and an A$/SF of $232.00, down 12%. To learn more about this upscale Dexter neighborhood, contact the real estate specialists with The Bouma Group at 734-761-3060. Search for more homes here!