Featured Listing! Everything about this 3,000+ square foot home is amazing, from its sunroom to the fully finished basement with a kitchenette and theatre. There is also a charming carriage house outback for whatever hobbies you may have. Features include:
3,266 sq. ft. plus 500 in the completed basement
4 bedrooms and 4.1 baths
gorgeous kitchen with granite countertops and stainless steel appliances
home office with windows and built-in shelving
cozy up in the sunroom with a book
brick exterior with a wrap around porch
host viewing parties with the private screening room downstairs
Hometown Village of Ann Arbor Market Update – August 2021
A desired Ann Arbor neighborhood consists of complimentary homes in a lovely setting. The homeowners association of Hometown Village of Ann Arbor ensures that the subdivision remains picturesque with its white picket fences and flower boxes. There are no active listings and so far this year, 5 homes have sold.
Homes Sold in 2021:
$480,000. 1349 Timmins Drive, Ann Arbor. 2255 sq. ft., + 1019 in the finished lower level; 3 bedrooms and 3.1 baths.
$467,500. 1561 Chapleau Drive, Ann Arbor. 1990 sq. ft., + 700 in the finished lower level; 5 bedrooms and 3.1 baths.
$450,000. 1273 Timmins Drive, Ann Arbor. 1842 sq. ft., + 800 in the finished lower level; 5 bedrooms and 3.1 baths.
$446,000. 1484 Chapleau Drive, Ann Arbor. 2730 square feet with 3 bedrooms and 2.1 baths.
$390,000. 1479 Chapleau Drive, Ann Arbor. 2091 square feet with 3 bedrooms and 2.1 baths.
Luxurious features abound at the units at Balmoral Park, there are private porches with natural views, upscale kitchens, and cathedral ceilings. This Ann Arbor condo is also in a prime location near shopping areas, the football stadium, and more. Currently, there are 2 active listings and so far this year, 2 condos have sold; The Bouma Group was the listing agent for one of the sold listings.
Condos for Sale:
$315,500. 123 West Oakbrook Drive, Ann Arbor. 1470 sq. ft., + 400 in the finished lower level; 2 bedrooms and 3.0 baths. Sale Pending
$305,000. 226 West Oakbrook Drive, Ann Arbor. 1470 sq. ft., + 112 in the finished lower level; 2 bedrooms and 2.0 baths. Sale Pending
Condos Sold in 2021:
$311,000. 243 West Oakbrook Drive, Ann Arbor. 1470 sq. ft., + 204 in the finished lower level; 2 bedrooms and 2.0 baths.
$310,500. 114 West Oakbrook Drive, Ann Arbor. 1470 sq. ft., + 120 in the finished lower level; 2 bedrooms and 2.0 baths. Listed by The Bouma Group
Featured Listing! This delightful Ann Arbor home includes a total of 7 rooms and is located close to the UofM campus, making it the perfect rental property. It has been well-maintained overtime and also has some recent updates. Features include:
2,600 sq. ft., plus 600 in the fully finished lower level
7 bedrooms and 3.1 baths
2 washers and 2 dryers
light pours onto the hardwood floor through the many windows
parking abounds with a detached garage plus 7 parking spaces
find some R&R in the downstairs sauna
separate 3rd floor studio apartment complete with its own kitchenette and bathroom
The Average Days on the Market Drop to 12 for Ann Arbor Homes
The Ann Arbor housing market seems to be continuing on a similar trajectory. There was a 25.3% increase in active listings from 162 last June to 203 homes recently. Sellers will be happy to know that the average days on the market declined to only 12 days, a 65.7% difference. As well, the average sale price rose from 12.8%, $472,763 versus $533,139 in June 2021. Sales declined slightly to 146 this past month.
Year-to-date statistics also remained pretty consistent. A total of 1,134 homes have been entered into the multiple listings service thus far, which is a 4.7% increase from the 1,083 last year at this time. Closed sales have seen an even larger increase from 624 to 796 homes, a 27.6% rise. Cumulatively, the ASP is $530,165, which is a 15.7% increase in comparison to the ASP of $458,389 before.