Category Archives: Ann Arbor Real Estate

Arbor Creek, Ann Arbor Real Estate Update

Arbor Creek Real Estate Report – July 2020

This desirable Ann Arbor subdivision has well built homes set among a natural environment. Arbor Creek is also located conveniently near many shops and amenities. Currently, 2 homes are listed for sale and so far this year, 3 have sold.

Homes for Sale:

  • $459,000. 2254 Boulder Ridge Boulevard, Ann Arbor. 2727 sq. ft., + 1100 in the finished lower level; 5 bedrooms and 3.1 baths. Sale Pending
  • $429,000. 2380 Spring Ridge Court, Ann Arbor. 2450 sq. ft., + 800 in the finished lower level; 4 bedrooms and 2.1 baths. Sale Pending

Homes Sold in 2020:

  • $530,000. 2257 Boulder Ridge Boulevard, Ann Arbor. 2727 sq. ft., + 11000 in the finished lower level; 5 bedrooms and 3.1 baths.
  • $436,000. 2836 Mystic Drive, Ann Arbor. 2327 sq. ft., + 600 in the finished lower level; 4 bedrooms and 2.1 baths.
  • 2445 Cliffside Court, Ann Arbor. 2040 sq. ft., + 1000 in the finished lower level; 4 bedrooms and 2.1 baths.

Last year at Arbor Creek, 7 homes sold with an average sale price of $405,986 and an average price per square foot of $174.42. The 3 homes that have sold thus far have an ASP of $452,986, up 11.6%, and an A$/SF of $191.42, up 9.7%. If you are thinking of listing your home or are interested in buying a home at Arbor Creek, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor homes here!

Ponds at Stonebridge, Ann Arbor Condo Update

The Ponds at Stonebridge Condo Report – July 2020

Ponds at Stonebridge, Ann Arbor, MI

If you are looking for beautiful and easy living, The Ponds at Stonebridge is the perfect match for you. These Ann Arbor condos are charming, especially being surrounded by the golf-course green and views of a pond. Currently, there are no condos listed for sale and so far this year, 3 have sold.

Condos Sold in 2020:

  • $342,900. 4044 Boulder Pond Drive, Ann Arbor. 1182 sq. ft., + 800 in the finished lower level; 3 bedrooms and 3.0 baths.
  • $330,000. 4076 Boulder Pond Drive, Ann Arbor. 1182 sq. ft., + 1000 in the finished lower level; 3 bedrooms and 2.1 baths.
  • $290,000. 4115 Boulder Pond Drive, Ann Arbor. 1182 sq. ft., + 800 in the finished lower level; 3 bedrooms and 3.0 baths.

Last year at The Ponds at Stonebridge, 2 homes sold with an average sale price of $380,000 and an average price per square foot of $251.44. The 3 homes that have sold thus far have an ASP of $320,967, down 15.5%, and an A$/SF of $271.55, up 8%. If you would are interested in learning more about The Ponds at Stonebridge, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. For more insight on Ann Arbor condos, click here!

Ann Arbor Real Estate Report – June 2020

Comparable Listing Prices but Less Inventory for Ann Arbor Homes

Although their is some uncertainty about the future of the housing market, the average listing price for Ann Arbor homes in June, $508,749, is comparable to that of last June, $507,887. This past month a total of 137 homes were added to the multiple listings service, only a 13.3% decline from the 158 homes listed in June 2019. Unfortunately for sellers, there has been a more considerable decrease of 24.8% in the amount of sales, from 129 to 97 sold this June. The average sale price is $443,911 and in comparison to the $514,071 ASP of homes the previous June, this is a 13.6% decrease. In the month of June, homes usually spent 35 days on the market before selling.

Looking at the year-to-date statistics, we see a similar trend with the ALP where currently it is $523,410, and this is only a minimal difference compared to the last year when the ALP was $531,389. As for the ASP there is only a 3.8% decline, $470,685 to $452,620 at the moment. The biggest difference is seen between inventory. So far this year, 620 homes have been listed, a 29.5% decrease compared to the 880 in 2019 at this time. The amount of sold homes have experienced an even greater decline of 35.2%, from 514 last year to 333 now.

If you are curious about the future direction of the real estate market, look no further than The Bouma Group because we are here to help with all of your questions, listings, and sellings. Contact the specialists at (734)761-3060 or email info@bouma.com. Learn more about Ann Arbor and surrounding areas here!

The Pros and Cons of Living in a Neighborhood with an HOA

As you search for your next home, you’ll probably encounter more than a few neighborhoods that have their own homeowners associations. Often abbreviated as HOAs, these groups usually consist of a few elected residents, although they may also be run by an outside management company or developer.

While they tend to get a bad rap, HOAs actually have quite a few benefits you might not have considered—but they aren’t always the right fit for everyone.

Should You Buy in a Neighborhood with an HOA?

In a nutshell, an HOA’s job is to act as a governing body for a neighborhood. They typically set rules, maintain the community, and may offer certain amenities, like pools or landscaping. However, these perks don’t come free—homeowners have to pay dues to cover an HOA’s services.

Not sure if you want to live in a community with a homeowners association? Here are a few pros and cons to keep in mind before making a move. Continue reading

Rosewood Village, Ann Arbor Condo Report

Rosewood Village Condo Report – July 2020

For those in search of affordable living, look no further than Rosewood Village. These delightful Ann Arbor condos also have many amenities such as a clubhouse with a gym and outdoor pool. Currently, there are 7 condos listed for sale and so far this year, 7 have sold.

Condos for Sale:

  • $209,000. 3214 Primrose Lane, Ann Arbor. 1608 square feet with 2 bedrooms and 2.0 baths. Sale Pending
  • $199,000. 3213 Primrose Lane, Ann Arbor. 1492 square feet with 2 bedrooms and 2.0 baths. Sale Pending
  • $195,000. 3055 Primrose Lane, Ann Arbor. 1492 square feet with 2 bedrooms and 2.0 baths.
  • $195,000. 3115 Primrose Lane, Ann Arbor. 1193 square feet with 2 bedrooms and 1.1 baths. Sale Pending
  • $182,500. 3370 Primrose Lane, Ann Arbor. 1192 square feet with 2 bedrooms and 2.0 baths. Sale Pending
  • $182,000. 3250 Primrose Lane, Ann Arbor. 1193 square feet with 2 bedrooms and 2.0 baths. Sale Pending
  • $175,000. 3256 Primrose Lane, Ann Arbor. 1492 square feet with 2 bedrooms and 2.0 baths. Sale Pending

Lakewood, Ann Arbor Real Estate Update

Lakewood Real Estate Report – July 2020

Not only do the homes of Lakewood offer character and charm, but they are surrounded by beautiful foliage. Currently, 3 homes are listed for sale and so far this year, 7 have sold.

Homes for Sale:

  • $359,900. 3020 Hilltop Drive, Ann Arbor. 1225 sq. ft., + 655 in the finished lower level; 3 bedrooms and 3.0 baths. Sale Pending
  • $275,000. 230 Highlake Avenue, Ann Arbor. 1044 sq. ft., + 400 in the finished lower level; 4 bedrooms and 1.0 baths. Sale Pending.
  • $225,000. 120 Mason Avenue, Ann Arbor. 962 square feet with 3 bedrooms and 1.0 baths. Sale Pending

Homes Sold in 2020:

  • $375,000. 2971 Sunnywood Drive, Ann Arbor. 2087 square feet with 4 bedrooms and 2.1 baths.
  • $359,000. 330 Hazelwood Avenue, Ann Arbor. 1426 sq. ft., + 1426 in the finished lower level; 3 bedrooms and 2.0 baths.
  • $357,000. 101 Gralake Avenue, Ann Arbor. 1036 sq. ft., + 880 in the finished lower level; 2 bedrooms and 2.0 baths.
  • $350,000. 312 Mason Avenue, Ann Arbor. 1475 sq. ft., + 400 in the finished lower level; 3 bedrooms and 2.0 baths.
  • $311,000. 3067 Lakeview Drive, Ann Arbor. 1236 sq. ft., + 858 in the finished lower level; 3 bedrooms and 2.0 baths.
  • $285,000. 318 Gralake Avenue, Ann Arbor. 912 sq. ft., + 600 in the finished lower level; 3 bedrooms and 1.1 baths.
  • $243,000. 284 Highlake Avenue, Ann Arbor. 912 square feet with 3 bedrooms and 1.0 baths.

Last year at Lakewood, 12 homes sold with an average sale price of $329,410 and an average price per square foot of $246.34. The 7 homes that sold this year have an ASP $325,714, down minimally, and an A$/SF of $263.41, up 6.9%. If you are interested in learning more about the market at Lakewood, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor neighborhoods here!

Keep Your Home Ready to Show with These 4 Tips

As a seller, you have to be able to get your home looking fantastic at the drop of a dime if an interested buyer schedules a tour. And unless you have the time to constantly clean, keeping your space prepped for showings might seem like an endless (and stressful!) ordeal. Luckily, we have a few tips that can help you avoid any pre-showing panicking.

The Easiest Ways to Stay Ready for Showings

The biggest secret to keeping your home ready for buyers is to do most of the work ahead of time. It might be tempting to put off cleaning or wait until the last minute to add your finishing touches, but all that procrastinating can easily backfire right before a showing! Here are some easy ways to keep your home looking spotless at all times…without any added headaches.

Declutter and reorganize

Decluttering a living room

Before you even think about listing, take some time to declutter and reorganize your belongings. This can help decrease the amount of stuff you have to put away before a showing, as well as reduce how much you’ll pack when you inevitably move. Remember, you want buyers to focus on the best parts of your home, not your clutter.

Not sure where to start? Try sorting your possessions in “keep,” “donate,” and “throw away” piles so you can narrow down what you really need. And if you have items that don’t get used every day that you’d like to keep, you can always rent a storage unit until you move into your new place.

Do an initial deep clean

Cleaning a kitchen

After you’ve thoroughly decluttered, you’ll want to do a thorough cleaning of every single room in your home, including your closets. It might seem like a lot of work at first, but it’ll be worth it when you don’t have to completely scrub down your house each time a buyer comes knocking on your door. Don’t shy away from getting into every nook and cranny—you want everything to look perfect!

Many professionals recommend using the top-to-bottom and left-to-right rule. That means starting by cleaning things up high, such as ceiling fans and bookshelves, and ending with your floors and carpets. Going from left to right can also keep you on task and make the entire process go by much faster.

Have a routine for tidying up

Making a bed

Let’s be honest—if you have kids, pets, or actually live in your home, it’s not easy to keep it looking like a showroom at all times. Establishing a regular tidying routine can help you maintain that initial deep clean you did before listing. Assigning tasks—like making beds or vacuuming the floors—to everyone in your household also allows you to divide and conquer!

To minimize the amount of cleaning you have to do, consider keeping some rooms that you don’t use off limits. You can even designate a certain area, such as an ottoman or a storage bin under a bed, for everyday clutter that needs to be hidden right before a showing.

Create an escape plan

Family on a walk

Keeping your home ready for showings is only half of the battle—you also need to know where you and your household will be going before the buyers show up! Not every tour is conveniently timed, so you’ll want to have a few options in place for different times and days of the week. If you have kids or pets, don’t forget to make arrangements to accommodate their needs, too.

Don’t know where to go? Try using your time to run errands or plan some fun (and practical) outings with your kids, like an outdoor study session or afternoon at the pool. Your furry friend can also be included in the fun—just head to a pet-friendly park for a little sunshine and fresh air!

Want to Get Top Dollar and Sell Fast?

Selling your home might seem difficult, but working with the right agent can make all the difference! We’re ready to help you navigate every step of the selling process, so just give us a call at The Bouma Group, Realtors to see what we can do for you. 734-761-3060 or info@bouma.com

1509 Golden Avenue, Ann Arbor Home in Burns Park

1509 Golden Avenue, Ann Arbor MI 48104

Classic Tudor style home with tons of charm and character in the coveted Burns Park neighborhood. 1509 Golden Avenue features:

  • 1761 sq. ft., +1001 in finished lower level, 3 bedrooms, a study, and 2.1 baths.
  • Hardwood floors, built-ins, arched doorways, and coved ceilings.
  • Living room has a cozy, stone fireplace and large picture window.
  • Spacious master bedroom suite with a private, spa-like bath.
  • Brick paver patio looks over the completely fenced back yard.
  • More photos and features
  • Virtual tour
  • Listed for $535,000

To request more info for 1509 Golden Avenue or a private showing, contact the Ann Arbor Real Estate specialists with The Bouma Group today at 734-761-3060 or info@bouma.com. Learn more about the Burns Park neighborhood here!

2758 Whispering Woods Drive, Ann Arbor Home at Walnut Ridge

2758 Whispering Woods Drive, Ann Arbor MI 48103

Featured Listing! Custom finishes throughout this stately Walnut Ridge executive home. Features include:

  • 4152 sq. ft., plus 1457 in the finished lower level, 5 bedrooms and 4.2 baths.
  • Elegant crown molding, diagonal maple wood flooring, tray ceilings, and 2-story maple surround fireplace are just a few of the custom finishes.
  • Desirable first floor master bedroom suite with 2 walk-in closets and a lavish bath.
  • Lower level is finished with a family room, kitchenette, exercise area and half bath.
  • More photos and features
  • Virtual tour
  • Listed for $995,000

To request a private showing or more information for 2758 Whispering Woods Drive, contact the real estate specialists with The Bouma Group today at 734-761-3060 or info@bouma.com. View photos and amenities for Walnut Ridge subdivision here!

Vernon Downs, Ann Arbor Real Estate Update

Vernon Downs Real Estate Report – June 2020

As a wonderful Ann Arbor neighborhood, Vernon Downs not only offers robust homes with brick exteriors and fireplaces but it also is well located near many schools. Currently, 9 homes are listed for sale and 8 have been sold so far this year, 1 of which The Bouma Group was involved with.

Homes for Sale:

  • $425,000. 2140 Runnymede Boulevard, Ann Arbor. 1897 square feet with 3 bedrooms and 2.0 baths. Sale Pending
  • $425,000. 1516 Warwick Court, Ann Arbor. 2387 square feet with 3 bedrooms and 1.1 baths.
  • $399,900. 1730 Dunmore Road, Ann Arbor. 1131 sq. ft., + 986 in the finished lower level; 4 bedrooms and 2.0 baths. Sale Pending
  • $399,900. 1546 Covington Drive, Ann Arbor. 1444 sq. ft., + 1200 in the finished lower level; 3 bedrooms and 3.0 baths. Sale Pending
  • $379,000. 1808 Weldon Boulevard, Ann Arbor. 1092 sq. ft., + 800 in the finished lower level; 3 bedrooms and 2.0 baths.
  • $375,000. 1809 Saxon Street, Ann Arbor. 1308 sq. ft., + 523 in the finished lower level; 3 bedrooms and 1.1 baths. Sale Pending
  • $365,000. 1801 Waverly Road, Ann Arbor. 1218 sq. ft., + 800 in the finished lower level; 3 bedrooms and 1.1 baths. Sale Pending
  • $363,000. 1730 Covington, Ann Arbor. 1208 sq. ft., + 900 in the finished lower level; 3 bedrooms and 2.0 baths. Sale Pending

If you would like a complete list of Homes for Sale at Vernon Downs, contact us at (734)761-3060.