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Archives: March 2021

SOLD! 1157 Joyce Lane, Ann Arbor, MI 48103. Completely remodeled condo in Walnut Glen!

Sold! This beautiful and completely remodeled condo has high-end finishes throughout and is move-in-ready. Features include:

  • 1160 square feet
  • 2 bedrooms and 2 bathrooms
  • Wide-plank, hand-scraped bamboo flooring throughout
  • Modern kitchen with granite counters, marble backsplash, maple cabinetry, and stainless steel appliances
  • Upgraded bathrooms with tile flooring, tiled showers, and granite counters
  • Two spacious and light-filled bedrooms
  • Screened-in porch accessible from open living and dining areas
  • One garage parking space
  • Immersive 3D virtual tour with floor plans
  • More photos and features
  • Listed for $235,000.

SOLD! 2032 Fair St, Ann Arbor, MI 48103. Well-maintained ranch in Ann Arbor’s west side.

2032 Fair St, Ann Arbor, MI 48103.

SOLD! This charming and well maintained ranch is located on a peaceful wooded lot near downtown Ann Arbor. Features include:

  • 1,100 sq ft with an addition 600 sq ft in the finished lower level
  • 2 beds and 1.5 baths
  • Extra-large primary bedroom has plenty of space – could be used as a home workout area or a work from home office
  • Airy and spacious living room with brick fireplace and sliding doors to the walkout deck
  • Harwood floors and fresh paint throughout house
  • The finished walk-out lower level leads to a brick patio in the backyard
  • 2-car garage with EV charging outlet with separate meter
  • Set on a wooded lot with plenty of trees in a quiet neighborhood near downtown Ann Arbor, shops, schools, restaurants, and parks
  • More photos and features
  • Listed for $342,900.

Ann Arbor Residential Real Estate Report – February 2021

Despite higher listing prices, selling prices remain stable

The second month of the new year isn’t experiencing any massive shifts for Ann Arbor homes so far. There was a 19.1% decline in the amount of new homes added to the market, from 131 to 106 recently. With a dip in inventory, the average listing price increased to $627,352 versus $583,118 the previous February. A total of 63 homes were sold this past month, which was only 1 more from before. There was also a minimal change in the average sale price compared to last year from $458,970 to $456,009. Luckily for sellers, the average days on the market decreased by 22% and is sitting at 46 days currently.

As for the year-to-date statistics, they followed a similar trend to the monthly numbers. 201 homes have been listed this year, an 8.2% decline from the 219 prior. The ALP for these properties increased 9.7% from $549,629 to $602,945. Sold inventory went in the opposite direction by increasing 4% to 129 homes versus 124 before. There was a slight rise in the ASP which was $436,397 earlier to $440,141 recently.

To learn more about the housing market in Ann Arbor, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Discover more Ann Arbor homes here!

Sold! 2709 S Spurway Drive, Ann Arbor, MI 48105. Luxurious move-in-ready townhouse!

Sold! This practically new townhouse is located in the new North Oaks community and features desirable complex amenities. Features include:

  • 2,438 sq ft over 4 levels
  • 3 beds and 2.5 baths
  • Open main level with walk-out balcony off dining area
  • Stylish kitchen with granite countertops and stainless steel appliances
  • 9′ ceilings on main and lower levels
  • Top floor contains bonus finished space with vaulted ceilings and its own walk-out balcony
  • 2-car attached garage on lower level leading to den/office space
  • North Oaks community amenities include clubhouse, lap pool and wading pool, fitness center, play structure and walking paths
  • More photos and features
  • Listed for $509,000.

Why You Shouldn’t Use Automatic Home Estimators to Price Your Home

Key Takeaways:

  • Automatic home estimator tools are popular amongst homeowners and sellers, but they aren’t always the most reliable.
  • In some instances, these estimators can be off by thousands of dollars due to inaccurate data.
  • If you’re looking for a better way to determine your home’s market value, give us a call at 734-761-3060 to get started!

Exposing the Inaccuracies of Automatic Home Estimators

If you own a home, you’ve probably wondered how much its value has increased since you first moved in. And while using an online estimator might seem convenient, you could end up with some pretty inaccurate numbers—and that’s bad news for sellers in today’s competitive market.

Want to make the most of your equity and find out how much your home is really worth? Here’s why working with a local real estate agent will always be better than trusting an “automatic” estimate.

Most estimators rely on user-reported data or algorithms

Home value on a laptop

Continue reading

926 W Huron St, Ann Arbor, MI 48103. Stylish townhouse walking distance to downtown!

926 W Huron St, Ann Arbor, MI 48103

Just Listed! This cotemporary and elegant townhouse is located only a 10 minute walk from downtown and has high-quality finishes throughout. Features include:

  • 2,114 sq ft
  • 2 bedrooms and 2.5 baths
  • Hardwood floors and crown molding
  • Pella windows and solid core 9′ doors
  • Gourmet kitchen with granite counters and stainless steel appliances
  • Primary bedroom with double height windows, walk-in closet, and ensuite bathroom
  • Third floor contains a den and second bedroom with ensuite bathroom
  • 10-minute walk to downtown Ann Arbor
  • 2 heated and attached garage parking spaces
  • Finished lower level with 322 sq ft
  • More photos and features
  • Listed for $599,000