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Archives: June 2021

1575 Kensington Drive, Ann Arbor, MI 48104

1575 Kensington Drive, Ann Arbor, MI 48104

Sold! With fresh paint and lots of windows, this home is super welcoming. The fenced-in yard and great location make it perfect for people who are busy both out and about, and at home. Features include:

  • 1,128 square feet plus 400 in the finished lower level
  • 3 bedrooms upstairs and 1.1 baths throughout
  • create a good atmosphere with the living room fireplace
  • fenced-in backyard and deck are great for summer barbeques
  • attached garage
  • in-home office located in the finished basement
  • Virtual 3D tour with floorplans
  • More photos and features
  • Listed for $343,000

To schedule a private showing or learn more about 1575 Kensington Drive, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com today!

202 Eisenhower Drive, Chelsea, MI 48118. Worry free living in spacious townhouse near downtown Chelsea!

202 Eisenhower Drive, Chelsea, MI 48118.

Just Listed! This spacious townhome in downtown Chelsea is located near downtown, St. Joseph’s, parks, and schools! Features include:

  • 1,740 sq ft, with partially finished lower level perfect for storage
  • 3 bedrooms and 2.5 baths
  • Fireplace in living room
  • Deck overlooking wooded area
  • Newer carpeting and water heater
  • Primary ensuite bedroom with vaulted ceilings and walk-in closet
  • More photos and features, including a virtual tour!
  • Listed for $310,000

To schedule a private showing or learn more about 202 Eisenhower Drive, contact the real estate specialists with The Bouma Group at 734-761-3060 or info@bouma.com today!

1625 Gregory Street, Ypsilanti, MI 48197. Stunning natural area and garden right in your backyard!

1625 Gregory Street, Ypsilanti, MI 48197

Recently Listed! This inviting home gives off a soft impression with neutral walls and hardwood flooring. Both the kitchen and lower level have been recently updated. And views from the window include a beautiful landscaped yard and garden set against woods. Features include:

  • 1,760 square feet
  • 4 bedrooms upstairs and 2.1 baths throughout
  • newly renovated kitchen inclusive of stainless steel appliances
  • additional spaces for entertaining such as a formal dining room, formal living room, and family room
  • finished basement perfect for hobbies or storage
  • gorgeous backyard with gardens and foliage
  • Virtual 3D tour with floorplans
  • More photos and features
  • Listed for $319,900

To schedule at private showing or learn more about 1625 Gregory Street, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com today!

Arbor Pointe, Ann Arbor Neighborhood Report

Arbor Pointe Market Update – June 2021

Arbor Pointe is a large and popular Ann Arbor subdivision. Many conveniences are easily accessible and within walking distance or not far from the freeway. There is 1 active listing and so far this year, 4 homes have sold.

Home for Sale:

  • $450,000. 5769 Cedar Ridge Drive, Ann Arbor. 2263 square feet with 4 bedrooms and 2.1 baths. Sale Pending

Homes Sold in 2021:

  • $581,000. 275 Cloverleaf Court, Ann Arbor. 2270 sq. ft., + 898 in the finished lower level; 4 bedrooms and 2.2 baths.
  • $485,000. 262 Wild Rose Court, Ann Arbor. 2310 sq. ft., + 700 in the finished lower level; 4 bedrooms and 2.1 baths.
  • $482,000. 5939 Cedar Ridge Drive, Ann Arbor. 2655 sq. ft., + 1000 in the finished lower level; 4 bedrooms and 3.1 baths
  • $470,000. 256 Sandrock Court, Ann Arbor. 2415 sq. ft., + 834 in the finished lower level; 4 bedrooms and 2.1 baths.

Last year at Arbor Pointe, 6 homes sold with an average sale price of $409,958 and an average price per square foot of $185.30. The 4 homes sold thus far in 2021 have an ASP of $504,500, up a considerable 23.1%, and an A$/SF of $210.52, up 13.6%. To learn more about home values at Arbor Pointe, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Browse more Ann Arbor homes here!

Hidden Lake, Dexter Neighborhood Report

Hidden Lake Market Update – June 2021

Surrounded by beautiful, mature trees and situated on large lots, this Dexter subdivision is the perfect place to escape. Moreover, each home at Hidden Lake is uniquely built so that no two look the same. There are no active listings and so far this year, no homes have sold.

With a limited quantity of inventory, there are rarely sales at Hidden Lake. The most recent sale was in 2018 when 1 home sold with a sale price of $319,000 and a price per square foot of $134.71. If you are curious about properties at Hidden Lake or similar neighborhoods, then contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Dexter homes here!

Laurel Gardens Condo, Ann Arbor Report

Laurel Gardens Market Update – June 2021

Residents at Laurel Gardens are able to fully unwind at this Ann Arbor condo. Not only is there lots of open space outside, but there are sports courts and a heated pool. There are no active listings and so far this year, 2 condos have sold.

Condos Sold in 2021:

  • $555,000. 4629 Mulberry Woods Circle, Ann Arbor. 1817 square feet with 3 bedrooms and 2.1 baths.
  • $492,000. 4738 Bayberry Circle, Ann Arbor. 2142 square feet with 2 bedrooms and 2.1 baths.

Last year at Laurel Gardens, 5 condos sold with an average sale price of $452,480 and an average price per square foot of $238.78. The 2 condos sold thus far in 2021 have an ASP of $523,000, up 15.6%, and an A$/SF of $267.57, up 12.1%. For more information about condo values at Laurel Gardens, contact the specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Find more Ann Arbor properties here!

Brentwood Square Condo, Ann Arbor Report

Brentwood Square Market Update – June 2021

The landscaping at Brentwood Square compliments the building’s classic and clean curb appeal. This Ann Arbor condo also has a pond that residents can enjoy on their walks or from their decks. There is 1 active listing and so far this year, 8 condos have sold.

Condo for Sale:

  • $299,000. 1854 Lindsay Lane, Ann Arbor. 1495 square feet with 2 bedrooms and 2.0 baths. Sale Pending

Condos Sold in 2021:

  • $290,300. 1858 Lindsay Lane, Ann Arbor. 1402 square feet with 2 bedrooms and 2.0 baths.
  • $290,000. 1937 Lindsay Lane, Ann Arbor. 1402 square feet with 2 bedrooms and 2.0 baths.
  • $250,000. 1872 Lindsay Lane, Ann Arbor. 926 square feet with 2 bedrooms and 1.1 baths.
  • $242,000. 1861 Lindsay Lane, Ann Arbor. 926 square feet with 2 bedrooms and 1.1 baths.
  • $239,000. 1936 Lindsay Lane, Ann Arbor. 926 square feet with 2 bedrooms and 1.1 baths.
  • $235,000. 1939 Lindsay Lane, Ann Arbor. 926 square feet with 2 bedrooms and 1.1 baths.
  • $210,000. 1877 Lindsay Lane, Ann Arbor. 926 square feet with 2 bedrooms and 1.1 baths.
  • $210,000. 933 Lindsay Lane, Ann Arbor. 926 square feet with 2 bedrooms and 1.1 baths.

Last year at Brentwood Square, 8 condos sold with an average price of $254,375 and an average price per square foot of $193.84. The 8 condos sold thus far in 2021 have an ASP of $245,788, down 3.4%, and an A$/SF of $238.83, up a considerable 23.2%. If you are thinking about listing or buying a condo at Brentwood Square, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Discover more Ann Arbor condos here!

What Every Seller Should Know About Home Inspections

Key Takeaways:

  • Even in today’s hot market, it’s not uncommon for buyers to request an inspection before purchasing a home.
  • Believe it or not, there are a few steps you can take as a seller to prepare for your home’s big assessment.
  • If you’re ready to list and sell in no time at all, contact us to get the ball rolling!

4 Tips to Help Sellers Ace a Home Inspection

Home inspections—almost every buyer wants one, and they’re often a necessary part of the selling process. Even in 2021’s competitive market, it’s not uncommon to see an inspection contingency attached to an offer, and many sellers have a few questions about what exactly they entail.

Want to learn the secret to acing your inspection as a seller? Here are a few tips that can help you prepare for your home’s big close-up.

Get a pre-listing inspection

Reviewing home inspection report

Even if your home seems move-in ready, it might still have a few issues you don’t know about. This is why many agents recommend getting a pre-listing inspection to uncover any problems ahead of time. It might cost a bit out of pocket, but it will help you know exactly what you need to fix before your home hits the market. Pre-listing inspections also prevent any surprises down the line and give you more control over the sale.

After your inspection, you can choose to repair any problems or simply let buyers know about them. If you have any questions about what should or shouldn’t be updated, just ask your agent for advice.

Don’t conceal any known problems

Home inspector looking at stairs

Most states require sellers to disclose a home’s known defects, even after they’ve been repaired. While it may be tempting to conceal these issues, doing so can come with serious legal ramifications.

For example, if your home has known water leaks or you’ve made major structural repairs, you’ll likely be required to communicate them to potential buyers. Home inspectors will take your disclosures into account during their analysis, so it’s important to be as truthful as possible. Luckily, your agent can serve as a helpful resource for understanding necessary disclosures!

Do a little prep work

Gathering receipts

Preparing for a buyer’s inspection shouldn’t involve expensive repairs. If your home is already clean and properly staged, there’s actually not a lot you have to worry about. However, there are a few steps you can take to get your space ready for inspection day.

Start by gathering all documents relating to your home—that includes proof of services and receipts from big-ticket purchases (like HVAC systems or appliances). You should also replace your air filters, check your light bulbs, eliminate clutter, and do a quick once-over of your home to make sure everything is in working order.

Know how to negotiate

Real estate agent helping sellers negotiate after an inspection

During an inspection, a qualified professional will spend a few hours examining your home from top to bottom. Generally, they’ll check major components, such as your roof, electrical wiring, plumbing, the foundation, HVAC systems, and all major appliances. It’s normal for an inspector to uncover a few issues—but after the inspection, the ball is back in your court.

In most circumstances, a buyer will request repairs or credits once they review the inspection report. But in today’s seller-driven market, some buyers only conduct an inspection for informational purposes. If you have any questions about post-inspection negotiations, it’s best to defer to your agent. They have the expertise you need to secure the best possible deal.

Looking for More Selling Tips?

Whether you’re eager to list or just have a few questions about selling, you can always give us a call for personalized real estate advice. We’re here to help you navigate every step of the home-selling process, and we can even tell you how much your home is worth in 2021’s crazy market.

Ready to get started? Drop us a line at The Bouma Group—we look forward to teaming up with you! 734-761-3060 or info@bouma.com

Smokler Bolgos, Ann Arbor Neighborhood Report

Smokler Bolgos Market Update – June 2021

This Ann Arbor neighborhood has treelined streets, tennis courts, and a park. While Smokler Bolgos was built a while ago, many of homes have been remodeled and updated. There are 2 active listings and so far this year, 2 homes have sold.

Homes for Sale:

  • $469,900. 3411 Yellowstone Drive, Ann Arbor. 1852 sq. ft., + 700 in the finished lower level; 4 bedrooms and 2.1 baths. Sale Pending
  • $399,900. 3456 Yellowstone Drive, Ann Arbor.1350 sq. ft., + 1000 in the finished lower level; 3 bedrooms and 1.1 baths.

Homes Sold in 2021:

  • $477,000. 3339 Yellowstone Drive, Ann Arbor. 2529 square feet with 4 bedrooms and 2.1 baths.
  • $442,500. 3467 Richmond Court, Ann Arbor. 1859 sq. ft., + 725 in the finished lower level; 4 bedrooms and 2.1 baths.

Last year at Smokler Bolgos, 5 homes sold with an average sale price of $395,580 and an average price per square foot of $217.76. The 2 condos sold thus far in 2021 have an ASP of $459,750, up 16.2%, and an A$/SF of $213.32, down minimally. To learn more about homes 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 homes here!

Madison Place Condo, Ann Arbor Report

Madison Place Market Update – June 2021

Madison Place has open-concept living inclusive of two-story foyers and cathedral ceilings. Residents at this Ann Arbor condo also enjoy lovely landscaping and a courtyard. There are no active listings and so far this year, 2 condos have sold.

Condo Sold in 2021:

  • $233,000. 3138 Promenade Circle, Ann Arbor. 1242 sq. ft., + 290 in the finished lower level; 3 bedrooms and 2.1 baths.
  • $230,000. 4278 Esplanade Lane, Ann Arbor. 1260 square feet with 3 bedrooms and 2.1 baths.

Last year at Madison Place, 5 condos sold with an average sale price of $224,500 and an average price per square foot of $178.50 The 2 condos sold thus far in 2021 have an ASP of $231,500, up 3.1%, and an A$/SF of $185.07, up 3.7%. For more information about condos at Madison Place, contact the experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Browse more Ann Arbor condos here!