All posts by Martin Bouma

Arbor Heights, Ann Arbor Condo Market Report

Arbor Heights Condo Market Report – March 2017Arbor Heights Condos, Ann Arbor MI

There is currently 1 unit listed for sale at Arbor Heights and so far this year,

Condo for Sale:

  • $59,900.  4214 Packard #1, Ann Arbor. Studio condo with 432 square feet with 1 bath.

Sold Condos:

  • 63,500.  4218 Packard St., Ann Arbor. 768 square feet with 2 bedrooms and 1 bath.

Last year at Arbor Heights, 3 condos sold with an average sale price of $62,833 and an average price per square foot of $82.00.  The unit sold this year has an ASP of $63,500 and an A$SF of $83.00, both up slightly. For more information on condo life at Arbor Heights, or for immediate notification when a new listing comes to the market, contact us at The Bouma Group, Realtors today at 734-761-3060 or email info@bouma.com. View more Ann Arbor Condo complexes here!

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York Woods, Saline Real Estate Report

York Woods Real Estate Report – March 2017York Woods Subdivision, Saline MI 48176

Set in a beautiful Saline neighborhood, York Woods offers custom homes on large country lots. There are currently 0 homes listed for sale and in 2016, 4 homes sold.

Sold Homes:

  • $600,000.  9730 Wood Bend Dr., Saline. 2996 sq. ft., +433 in finished lower level, 3 bedrooms and 2.1 baths.
  • $470,705.  9766 Wood Bend Dr., Saline. 2729 sq. ft., +1000 in finished lower level, 4 bedrooms and 3.1 baths.
  • $450,000.  9233 Whispering Pines, Saline. 2643 sq. ft., +1260 in finished lower level, 5 bedrooms and 2.1 baths.
  • $280,000.  9858 York Woods Dr., Saline. 1530 square feet with 3 bedrooms and 2 baths.

In 2015, 3 homes sold with an average sale price of $386,667 and an average price per square foot of $161.00.  The 4 sold last year have an ASP of $450,176, up 16%, and an A$SF of $182.00, up 13%. For more information on the homes at York Woods, or to receive instant notification of new listings, contact us at The Bouma Group, Realtors at 734-761-3060 or email info@bouma.com. Thinking of listing your Saline home? Find out what it’s worth in today’s real estate market!

519 Longshore Dr. B, Ann Arbor Condo at The Crossings of Ann Arbor

519 Longshore B, Ann Arbor, MI 48105519 Longshore Dr. B, Ann Arbor, MI 48105

New Listing! Centrally located townhouse condo located just steps from Argo Canoe Livery in the popular The Crossings of Ann Arbor complex! Features include:

  • 800 square feet with 1 bedroom and 1 bath
  • Updated kitchen featuring newer dishwasher and counter
  • Huge bedroom upstairs with hardwood floor and plenty of closet space
  • Laundry in unit
  • Storage space in shared basement
  • More photos and features
  • MLS# 3245959
  • Listed for $165,000

For more information for 519 Longshore Drive B, or to schedule a private showing, contact us at The Bouma Group at 734-761-3060 or email info@bouma.com. View photos, market statistics, and more for The Crossings of Ann Arbor condos here!

8666 Magnolia Way Dexter Home for Sale

8666 Magnolia Way, Dexter, MI 481308666 Magnolia Way, Dexter, MI 48130

Just Listed! Well-designed, 2-story home in the popular Thornton Farms neighborhood. Features include:

2,752 square feet with 4 bedrooms, 2 full baths and 1 half bath

  • Kitchen with cherry cabinets, stainless appliances and breakfast nook
  • First floor laundry
  • Family room with gas fireplace
  • Master suite with walk-in closet
  • More photos and features
  • MLS# 3246688
  • Listed for $274,900

To learn more about 8666 Magnolia Way, or to schedule a private showing, contact Ann Arbor’s Premier Realtors of The Bouma Group at 734-761-3060 or email info@bouma.com. View all of Dexter’s Residential Homes here.

 

Arbor Pointe, Ann Arbor Subdivision Report

Arbor Pointe Subdivision Report – March 2017Arbor Pointe Subdivision, Ann Arbor MI 48103

There are currently 0 homes listed for sale at Arbor Pointe and 8 homes sold in 2016.

Sold Homes:

  • $410,000. 5936 Rollingwood, Ann Arbor. 2946 square feet with 4 bedrooms and 2.1 baths.
  • $407,000.  5975 Redstone Court, Ann Arbor. 2686 sq. ft., +900 in finished lower level, 4 bedrooms and 3.1 baths. Listed by The Bouma Group
  • $403,000.  5967 Cedar Ridge, Ann Arbor. 2310 sq. ft., +1000 in finished lower level, 4 bedrooms and 3.1 baths.
  • $397,500.  275 Cloverleaf Ct., Ann Arbor. 2270 sq. ft., +898 in finished lower level, 4 bedrooms and 2.2 baths. Sold by The Bouma Group
  • $387,500.  244 Sandrock Ct., Ann Arbor. 2277 sq. ft., +901 in finished lower level, 4 bedrooms and 3.1 baths.
  • $385,950.  5939 Cedar Ridge, Ann Arbor. 2369 sq. ft., +1000 in finished lower level, 4 bedrooms and 3.1 baths.
  • $375,000.  5963 Cedar Ridge, Ann Arbor. 2332 sq. ft., +700 in finished lower level, 4 bedrooms and 3.1 baths.
  • $349,500.  5973 Cedar Ridge, Ann Arbor. 2327 square feet with 4 bedrooms and 2.1 baths.

In 2015, 11 homes sold at Arbor Pointe with an average sale price of $368,023 and an average price per square foot of $149.00. The 8 sold last year have an ASP of $389,431, up 6%, and an A$SF of $161.00, up 8%. Home values have steadily risen at this neighborhood since the low in 2010 and continue to do so. To learn more about the Arbor Pointe community, contact the real estate specialists with The Bouma Group today at 734-761-3060 or email us at info@bouma.com.

Forest Creek, Ann Arbor Condo Report

Forest Creek, Ann Arbor Condo Report – March 2017Forest Creek Condos, Ann Arbor MI

There are currently 0 condos listed for sale at Forest Creek. In 2016, 4 condos sold and so far this year, 0 have sold.

Sold Condos:

  • $155,000.  3062 Forest Creek, Ann Arbor. 966 sq. ft., +700 in finished lower level,  2 bedrooms and 2 baths.
  • $146,000.  3029 Forest Creek, Ann Arbor. 1012 square feet with 2 bedrooms and 1 bath.
  • $142,000.  3027 Forest Creek, Ann Arbor. 968 square feet with 2 bedrooms and 1.1 baths. Sold by The Bouma Group
  • $140,000.  3075 Forest Creek, Ann Arbor. 968 square feet with 2 bedrooms and 1.1 baths.

In 2015, 7 units sold with an average sale price of $127,779 and an average price per square foot of $128.00. The 4 units sold last year have an ASP of $146,375, up 14.5%, and an A$SF of $150.00, up 17%. For more information on condo values at Forest Creek, or to be notified immediately when a new listing comes to the market, contact us at The Bouma Group today at 734-761-3060 or email info@bouma.com. View more Ann Arbor Condos here!

Garden Homes Park, Ann Arbor Real Estate Report

Garden Homes Park Real Estate Report – March 2017Garden Homes Park neighborhood, Ann Arbor MI

Garden Homes Park is a classic neighborhood located on the west side of Ann Arbor. There are currently 2 homes listed for sale and so far this year, 2 have sold. In 2016, 1 home sold.

Homes for Sale:

  • $295,000.  2260 Garden Homes Dr., Ann Arbor. 1716 square feet with 3 bedrooms and 2 baths.
  • $279,900.  1700 Fulmer, Ann Arbor. 2614 square feet with 5 bedrooms and 2.1 baths. Sale Pending

Sold Homes:

  • $400,000.  1659 Fulmer, Ann Arbor. 2968 square feet with 4 bedrooms and 3.1 baths. New Construction
  • $142,500.  1771 S. Franklin Ct., Ann Arbor. 1512 square feet with 3 bedrooms and 2 baths.

Sold Homes 2016:

  • $177,000.  1755 N. Maple, Ann Arbor. 1232 square feet with 3 bedrooms and 2 baths.

The home sold last year had a sale price of $177,000 and an average price per square foot of $144.00. The 2 homes sold this year have an average sale price of $271,250, up 53%, and an A$SF of $115.00, down 20%. This large disparity can be attributed to the new construction home selling for top dollar for the neighborhood and the other home selling at the bottom end of the spectrum. To learn more about home values and the types of homes in the Garden Homes Park neighborhood, call us at The Bouma Group at 734-761-3060 or email info@bouma.com. We’ve been selling Ann Arbor Real Estate for more than 30 years and know the market better than anyone!

 

 

7 Crucial Questions to Ask Before Choosing a Seller’s Agent

talking with a real estate professionalYour home is likely the largest financial investment you have, so it makes sense to carefully choose the right agent to represent you when you sell it. The best real estate agent will walk you through the whole process, showcase your home in the best light, give you feedback from showings and open houses, and let you know whether you should accept a buyer’s offer up front or negotiate for a higher price.

It’s a good idea to talk to more than one listing agent before you sign on with one. As you’re interviewing Realtors, ask these questions so you can determine who will best help you sell quickly and for the most money possible.

1. What’s Your Real Estate Experience?

A listing agent who has been in real estate for several years or has sold plenty of properties has seen all kinds of scenarios. If this agent has overcome challenging home-selling hurdles before, he or she will know how to avoid or mitigate these stressful situations during your home sale, should they arise.

2. What’s Your Sale-to-List-Price Ratio?

This percentage will tell you if this agent consistently sells homes close to or over the list price, which is the price that’s set when the home goes on market.

3. What are Your Average Days on Market Stats?

In other words, how quickly do sellers’ homes go under contract with this agent? Agents who sell homes quickly often use advanced marketing or advertising techniques and are highly skilled negotiators. Continue reading

661 Archwood, Ann Arbor MI Real Estate Listing

small661 Archwood, Ann Arbor, MI 48103

New Listing! Adorable brick ranch in the popular Abbot School district of Ann Arbor close to downtown, parks, restaurants and shopping. Features include:

  • 988 square feet
  • An additional 800 finished square feet in the lower level which includes a study/bedroom and half bath
  • 3 bedrooms and 1 and a half baths
  • 2 car detached garage
  • Deck overlooking mostly fenced yard
  • More photos and features
  • MLS# 3246708
  • Listed for $260,000

To learn more about The Bouma Group’s new real estate listing at 661 Archwood, Ann Arbor, contact us at 734-761-3060 or email info@bouma.com. See more Ann Arbor homes for sale here!

Earhart Village, Ann Arbor Condo Market Report

Earhart Village, Ann Arbor Condo Report – March 2017Earhart Village Condos, Ann Arbor MI 48105

There are currently 0 condos listed for sale at Earhart Village. So far this year, 1 has sold and in 2016, 11 sold.

Condo Sold in 2017:

  • $269,900.  812 Earhart, Ann Arbor. 1736 sq. ft., +750 in finished lower level, 3 bedrooms and 2.1 baths.

Condos Sold in 2016:

  • $265,000.  931 Greenhills, Ann Arbor. 1893 sq. ft., +950 in finished lower level, 5 bedrooms and 3.1 baths.
  • $261,000.  1010 Greenhills, Ann Arbor. 1736 sq. ft., +308 in finished lower level, 3 bedrooms and 2.1 baths.
  • $247,000.  704 Greenhills, Ann Arbor. 1540 square feet with 3 bedrooms and 2.1 baths. Listed and Sold by The Bouma Group
  • $246,000.  788 Greenhills, Ann Arbor. 1468 square feet with 3 bedrooms and 2.1 baths.
  • $245,000.  1050 Greenhills, Ann Arbor. 1537 square feet with 2 bedrooms and 2 baths.
  • $242,500.  746 Greenhills, Ann Arbor. 1975 square feet with 4 bedrooms and 2.1 baths.
  • $240,750.  744 Greenhills, Ann Arbor. 1334 square feet with 2 bedrooms and 1.1 baths.
  • $237,000.  843 Greenhills, Ann Arbor. 1736 sq. ft., +825 in finished lower level, 3 bedrooms and 2.1 baths.
  • $229,000.  927 Greenhills, Ann Arbor. 1736 sq. ft., +500 in finished lower level, 3 bedrooms and 2.1 baths.
  • $208,200.  656 Greenhills, Ann Arbor. 1396 sq. ft., +200 in finished lower level, 2 bedrooms and 2.1 baths.

The 11 condos sold last year have an average sale price of $241,950 and an average price per square foot of $150.00. The unit sold this year had a higher sale price than any last year and an A$SF of $155.00, up 3%. The A$SF has risen 67% since the low of $90/SF in 2010, which is great news for condo owners. For more information on values at Earhart Village, or would like to know what your condo is worth in today’s market, give us a call at The Bouma Group, Realtors at 734-761-3060 or email info@bouma.com. View more Ann Arbor Condo complexes here!