All posts by Martin Bouma

350 Briarcrest #165, Ann Arbor Condo for Sale

350 Briarcrest #165, Ann Arbor MI 48104350 Briarcrest #165, Ann Arbor MI Condo for Sale at Briarcrest Complex

Just Listed! Take in the tree top views from the balcony of this second floor condo at Briarcrest. This unit offers:

  • 983 square feet with 2 bedrooms and 2 full baths.
  • Living room has new carpet, a cozy gas fireplace and sliding doors to the deck.
  • Master bedroom suite with walk-in closet and it’s own bathroom.
  • More photos & details
  • MLS# 3257262
  • Listed for $169,900

To schedule a private showing for 350 Briarcrest #165 or request more information, contact the Ann Arbor Condo specialists with The Bouma Group, Realtors today at 734-761-3060 or email info@bouma.com. View photos and amenities for the Briarcrest Condo complex here!

Huron Farms, Dexter Neighborhood Report

Huron Farms Real Estate Report – May 2018

Huron Farms is a warm Dexter subdivision known for its community like qualities. Nature is incorporated throughout the neighborhood as many homes back to wooded and common areas, as well, there is a park located inside for residents to enjoy. There are currently no homes listed for sale and so far this year, 4 have sold.Huron Farms Subdivision Dexter MI

Sold Homes:

  • $410,000. 7090 Ulrich, Dexter. 2426 sq. ft., + 1447 in finished lower level, 5 bedrooms and 3.1 baths.
  • $325,000. 3732 Ulrich Ct., Dexter. 1851 sq. ft., + 694 in finished lower level, 4 bedrooms and 3.1 baths.
  • 312,000. 3607 Noble Dr., Dexter. 1580 square feet with 3 bedrooms and 2.1 baths.
  • $289,900. 7239 Ulrich, Dexter. 2284 square feet with 4 bedrooms and 2.1 baths.

Last year at Huron Farms, 15 homes sold with an average sale price of $298,835 and an average price per square foot of $180.00. The 4 homes sold this year have an ASP of $328,000, up 10%, and an A$/SF of $165.00, down 8%. To learn more about home values at Huron Farms, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Dexter neighborhoods here!

Sunnyside, Ann Arbor Real Estate Report

Sunnyside Real Estate Report – June 2018

Sunnyside is a charming Ann Arbor neighborhood with a park inside, as well as  amenities located within walking distance. The mature subdivision offers full grown trees throughout, and beautiful features within the homes. There are currently 3 homes listed for sale and so far this year, 3 homes have sold.Sunnyside Subdivision, Ann Arbor MI

Homes for Sale:

  • $365,000. 1527 Granada Ave., Ann Arbor. 1110 sq. ft., + 1000 in finished lower level, 3 bedrooms and 2.0 baths.
  • $349,900. 1950 Coronada St., Ann Arbor. 1329 sq. ft., + 500 in finished lower level, 3 bedrooms and 2.0 baths. Sale Pending
  • $285,000. 1816 Palomar Dr., Ann Arbor. 988 square feet with 3 bedrooms and 1.0 baths.

Sold Homes:

  • $500,000. 1900 Coronada St., Ann Arbor. 2235 sq. ft., + 1024 in finished lower level, 5 bedrooms and 2.1 baths.
  • $355,000. 1951 Alhambra Dr., Ann Arbor. 1635 sq. ft., + 1100 in finished lower level, 3 bedrooms and 2.0 baths.
  • $325,000. 1520 Granada Ave., Ann Arbor. 988 sq. ft., + 900 in finished lower level, 3 bedrooms and 2.0 baths.

Last year at Sunnyside, 5 homes sold with an average sale price of $329,807 and an average price per square foot of $238.00.  The 3 homes sold this year have an ASP of $393,333, up 19%, and an A$/SF of $257.00, up 8%. To learn more about home values at Sunnyside, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor neighborhoods here!

 

Smokler Bolgos, Ann Arbor Real Estate Report

Smokler Bolgos Real Estate Report – June 2018

Smokler Bolgos is a traditional Ann Arbor neighborhood with 2 story colonial and cape cod homes. Within the subdivision, there is Sugar Bush Park and a swim club, and beside is the Thurston Nature Center. There are currently no homes listed for sale and so far this year, 1 has sold.Smokler Bolgos Neighborhood, Ann Arbor MI

Sold Homes:

  • $425,000. 3429 Gettysburg Rd., Ann Arbor. 1852 sq. ft., + 500 in finished lower level, 4 bedrooms and 2.0 baths.

Last year at Smokler Bolgos, 3 homes sold with an average sale price of $349,667, and an average price per square foot of $204.00. The 1 home sold this year has a sale price of $425,000, up 22%., and a price per square foot of $229.00, up 12%. In comparison, the average square footage of the homes sold in 2017 were 125+ square feet less than the home sold this year. To learn more about home values at Smokler Bolgos, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor neighborhoods here!

DIY Upgrades That Make Your Home Sell for More

Spring is here, and with spring comes another anticipated time of year: home selling season. Traditionally, spring is one of the most popular times to list a home for sale. It’s also an excellent season for spring cleaning and trying out a few home-improvement projects on the weekends.

If you’re thinking about selling your property, or simply want to up its resale value down the road, take a look at our most recommended DIY upgrades. Not only are these projects simple and affordable, they’re sure to increase your home’s overall value.

Two Key Places to Start Your DIY Upgrades

Can you guess which two areas of a home are most important to buyers? The kitchen and bathrooms. This is because these are the rooms where people tend to spend a lot of time.

The Kitchen

Spacious open kitchen with wood floors.Oftentimes, the kitchen is the first place potential buyers rush to when they’re touring a home for sale. This room is considered the “heart of the home.”

While the idea of updating your kitchen can be scary (all those expensive new appliances!), improving this room doesn’t have to break the bank. There are many projects you can complete to upgrade your kitchen that cost less than $1,000.

These inexpensive kitchen improvements include: Continue reading

Boulder Ridge, Ann Arbor Neighborhood Report

Boulder Ridge Real Estate Report – May 2018

Boulder Ridge is a bustling Ann Arbor neighborhood located in a prime area near a plethora of amenities, including shops, restaurants, recreational facilities and major roadways. Homes are larger and have nice features such as full basements and 2 car garages. There are currently 2 homes listed for sale and so far this year, 1 has sold.Boulder Ridge Subdivision, Ann Arbor MI

Homes for Sale:

  • $389,500. 2244 Spring Ridge, Ann Arbor. 1805 sq. ft., + 378 in finished lower level, 3 bedrooms and 2.1 baths.
  • $369,900. 2660 Aspen Ridge Dr., Ann Arbor. 1854 sq. ft., + 678 in finished lower level, 3 bedrooms and 2.0 baths. Sale Pending

Sold Homes:

  • $319,800. 2803 Green Valley Dr., Ann Arbor. 1482 square feet with 3 bedrooms and 1.1 baths.

Last year at Boulder Ridge, 3 homes sold with an average sale price of $414,000, and an average price per square foot of $167.00. The 1 home sold this year had a sale price of $319,800, down 23%, and the price per square foot was $216.00, up 29%. To learn more about home values at Boulder Ridge, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor neighborhoods here!

3656 Whispering Oaks, Ann Arbor Home in Briar Hill

3656 Whispering Oaks, Ann Arbor MI 481083656 Whispering Oaks Drive, Ann Arbor MI Home at Briar Hill subdivision

New Listing! Spacious contemporary style home with a lush back yard in Briar Hill subdivision close to shopping, restaurants, freeways and more. Details include:

  • 3066 square feet of living space with 4 bedrooms and 3 baths.
  • Vaulted living room, gracious formal dining room, and family room with fireplace and coffered ceiling.
  • Kitchen has a hardwood floor, stainless appliances, center island, built-in desk, dining space.
  • More photos & features
  • MLS# 3257015
  • Listed for $499,900

For more information on 3656 Whispering Oaks Drive or to schedule a private showing, contact the Ann Arbor Realtors with The Bouma Group at 734-761-3060 or info@bouma.com. View photos and details for Briar Hill subdivision here!

1946 Boulder Ridge, Ann Arbor Condo at Huron Chase

1946 Boulder Ridge, Ann Arbor MI 481041946 Boulder Ridge, Ann Arbor MI 48104 Condo at Huron Chase

Just Listed! Beautifully updated Huron Chase condo with so much space! Features include:

  • 1890 sq. ft., + 900 in the finished walk-out, 2 bedrooms and 2.2 baths.
  • Contemporary kitchen is completely remodeled from head to toe.
  • Luxurious master suite offers a vaulted ceiling, cozy fireplace, 2 walk-in closets, and a private bath.
  • Walk to Whole Foods, Panera Bread, Walgreens, Barnes and Noble, the Huron Hills golf course and more.
  • More photos and features
  • Virtual tour
  • MLS# 3257018
  • Listed for $659,900

To request a private showing or more information for 1946 Boulder Drive, contact the Ann Arbor Condo specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com. View photos and amenities for Huron Chase here! 

 

Saline Real Estate Report – April 2018

An Increase in Listings and Sales in Saline

Saline Real Estate Report April 2018

In April, Saline Real Estate saw a significant jump of 51% in the amount of listings entered this month compared to April last year, 62 versus 41. The average listing price did decline slightly from $501,642 to $490,153.  A 12% increase in the amount of sales this year equals a 3 home difference, with 28 homes selling in April. Like listing prices, selling prices also saw a decrease. Last year during April, selling prices averaged at $431,895, and this year selling prices averaged 10% lower at $389,144. The average days on the market were extended from 33 days last year to 46 in 2018. But year-to-date statistics rose in general, there were more listings with a higher listing price and higher selling price in comparison to the year prior. The amount of listings thus far increased by 10% compared to last year, from 124 homes listed to 136 homes listed. Listing prices went from $458,838 to $483,633, which is a 5% increase. There was a 6% decline in the amount of homes sold year-to-date, with 74 homes selling so far this year. Presumably because listing prices rose, selling prices also did; so far this year the average price of properties sold increased 11%, $421,314 versus $379,481. Overall, Saline has a balanced market, especially within the 400k to 500k price range. Below 400k would be classified as a seller’s market; whereas above 500k would be considered part of a buyer’s market. Similar trends were also found in the last quarter report, but those in the seller’s market are slowly increasing their current month supply this year.

If Saline continues on this trajectory, it should be a successful year. With more inventory on the market, buyer’s have more options and seller’s must properly evaluate the value of their homes. Whether you are buying or selling, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Stay tuned for more market updates here!

Dexter Real Estate Report – April 2018

More Inventory in April for Dexter

Dexter Real Estate Report April 2018

Both the amount of listings entered and sales in April increased this year in Dexter compared to last, and prices saw a minimal decline of less than 0.5%. The number of listings that were entered in April increased a solid 15%, from 34 to 39; and the average listing price was $432,954. With a boost in available inventory, the average days on the market were prolonged to 51 days; in the year prior the average DOM was 31% less at 39 days. Last month, sales also saw a considerable increase from 25 sold homes the year prior to 32 sold homes, which means a 28% increase. The amount of new listing entered year-to-date decreased 7%, 115 versus 107. However, listing prices have rose from $412,317 to $433,210 this year. There was a significant increase of 30% for the number of properties sold thus far compared to April 2017, 79 sold homes versus 61 sold homes. Although only a slight increase, the average selling price for homes sold year-to-date rose as well, from $372,861 to $379,587 which is an increase of 2%. Overall, it is a seller’s market for Dexter, particularity below the 500k price range. Homes that are above 500k are classified as a buyer’s market, especially for higher end homes that are priced and sold above 800k.

In comparison to the last quarterly report for Dexter, the current month supply is gradually declining, which could mean that there will continue to be a seller’s market. Whether you are looking to buy or sell your home, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Check back here to stay updated on the Dexter market!