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Category Archives: Ann Arbor Real Estate

What to Expect in the 2022 Real Estate Market

Key Takeaways:

  • Many of the dynamics seen in 2021 will carry through into next year’s housing market, but at a much less frenzied pace.
  • As remote work becomes a more permanent, widespread option, Millennials are taking advantage and entering the real estate market.
  • We’re ready for another seller’s market. Like last year, there isn’t time to waste—contact us to start planning now!

What Buyers and Sellers Need to Know About the 2022 Housing Market

In the final few weeks of 2021, both home buyers and sellers look forward to what lies ahead in 2022. We can help build your strategy to stay competitive! Don’t wait for the real estate market to heat up during the spring and summer. Here’s what you need to know to get ahead of the competition next year.

First-time home buyers can overcome the challenging market

First time home buyers celebrating

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3845 Arcadia Dr. Immaculate 2-Story Home in Kirtland Hills SOLD!

3845 Arcadia Dr, Ann Arbor, MI 48108

SOLD! With recessed lighting and wood flooring, this spacious floorplan feels fresh and inviting! Featuring:

  • 4 bedrooms, 2.5 baths, 2 car garage
  • 2,228 sqft
  • Gourmet eat-in kitchen with granite counters and large pantry
  • Bright family room with cozy fireplace
  • Large Trex deck overlooks tree-lined backyard
  • Huge primary bedroom has walk-in closet and ensuite bath with soaking tub
  • Convenient upstairs laundry
  • Full basement with egress window
  • Heated and insulated garage
  • Pittsfield Township taxes
  • Ann Arbor School District
  • Take a virtual 3D tour!

To schedule a private showing or learn more about 3845 Arcadia Dr, contact the real estate specialists with The Bouma Group at 734-761-3060 or info@bouma.com today!

49321 Wear Rd. Updated Ranch with Open Floor Plan on Over 3 Acres!

49321 Wear Rd, Belleville, MI 48111

Off the Market. From the convenient circular driveway to spacious and flowing interior with new flooring – this home is designed for entertaining and hosting friends and family. Featuring:

  • 4 bedrooms, 2.5 baths, 2 car garage
  • 2,548 sqft
  • 3.26 acres
  • Eat-in chef’s kitchen with large center island, granite counters, stylish backsplash and white shaker cabinetry
  • Cozy wood fireplace in living room that opens to kitchen
  • Large, bright and open sunroom
  • Large deck overlooking fenced backyard and woods beyond
  • Spacious primary suite with 2 closets and ensuite bathroom
  • New luxury laminate flooring through hall and primary bedroom
  • Easy walking distance to Sherwood Park with trails, pond and beach
  • Take a virtual 3D tour!

To schedule a private showing or learn more about 49321 Wear Rd, contact the real estate specialists with The Bouma Group at 734-761-3060 or info@bouma.com today!

1040 Greenhills Dr, Ann Arbor, MI 48105. Spacious Earhart Village Home with Private Backyard SOLD!

1040 Greenhills Dr, Ann Arbor, MI 48105

SOLD! Live worry free in this spacious Earhart Village home with an amazing, tree-lined and private backyard! Featuring:

  • 4 bedrooms, 2.5 baths, 1 car garage
  • 2,063 sqft
  • Fully updated kitchen with gorgeous quartz countertops, stylish Carrara marble backsplash, and stainless steel appliances, including a double oven convection range
  • Cozy gas fireplace in family room with built-in bookshelves
  • Large deck overlooks private backyard
  • Bright and open living and dining rooms
  • Freshly updated half bath
  • Upstairs primary bedroom has double closets, ensuite bath and scenic views of the backyard
  • Full basement with lots of storage space and an egress window
  • New roof and electrical panel (2017)
  • New garage doors/siding (2018)
  • Community pool, walking trails, and tennis courts
  • Take a virtual 3D tour!

To schedule a private showing or learn more about 1040 Greenhills Dr, contact the real estate specialists with The Bouma Group at 734-761-3060 or info@bouma.com today!

Are Renovations Worth Risking Your Top-Dollar Home Sale?

Key Takeaways:

  • As a seller, you have to consider which home renovations are worth spending the additional time and money on before you list.
  • The local market is starting to shift towards buyers, so now is the time to sell your home before prices flatten out.
  • Lean on our expertise to determine which projects will increase your return on investment—we have the seller resources you need to enhance your home sale.

Does Your Home’s Right Buyer Want a Move-in Ready Home?

Many sellers are wondering whether they should sell their homes as-is (without any improvements) or delay listing their properties to complete some renovations. With the upcoming market shift, it’s important for sellers to consider which improvements are worth spending additional time on before listing. And while there is no surefire answer, we always recommend relying on your listing agent’s expertise to navigate the home-selling process.

Your listing agent should have insight into the right buyers for your particular home, so consult with them to ensure your property is catering to its target market. According to Rocket Mortgage, the average price of a move-in ready property is $250,495, compared to the discounted $199,819 price tag of the average fixer-upper. So if you’re a homeowner wondering if renovations will attract more buyers, the answer is that it really depends on how much time and effort you want to put in. And while we can’t predict what every buyer’s preference will be, we do have some strategies to determine if certain projects are worth the selling delay.

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8613 Newbury Court N, Canton, MI Brick Colonial in Hampton Ridge North SOLD!

8613 Newbury Court N, Canton, MI 48187

SOLD! From the soaring vaulted ceilings to the gleaming wood floors to the open and flowing floorplan, this home is perfect for entertaining and gathering with friends and family. Features include:

  • 5 bedrooms, 4.5 baths, 3 car garage
  • 3,792 sqft
  • Light-filled great room with fireplace and cathedral ceilings
  • Gourmet kitchen with granite counters and large center island
  • Entry level primary suite with walk-in closet and ensuite bath with dual vanities, separate shower and jacuzzi tub
  • Dedicated office/den space
  • Fully finished lower level features 5th bedroom, full bath, recreation space and storage space
  • Large patio overlooks private backyard backing to wooded area
  • New A/C and furnace (2019)

To schedule a private showing or learn more about 8613 Newbury Court N, contact the real estate specialists with The Bouma Group at 734-761-3060 or info@bouma.com today!

3037 Walnut Ridge Dr, Ann Arbor, MI Remarkable 2-Story Home in Walnut Ridge Subdivision SOLD!

3037 Walnut Ridge Dr, Ann Arbor, MI 48103

SOLD! Remarkable 2-story home in the popular Walnut Ridge Subdivision is ready for move in! Features include:

  • 4,379sqft, 0.76 acres
  • 6 beds, 5.5 baths, 3 car garage
  • Grand foyer with curved staircase and chandelier
  • Gourmet kitchen features granite counters, new kitchen appliances, large walk-in pantry
  • Light-filled sunroom with large windows and a skylight
  • Formal dining room with built-in cabinetry and countertops
  • Bright family room with 2-story ceilings and wood-burning fireplace
  • Expansive deck
  • Sunny and private backyard with elegant gazebo
  • Spacious primary bedroom with dual walk-in closets, ensuite bath accenting a jacuzzi tub and double vanities
  • Additional ensuite bedroom on the main floor with attached bath, walk- in closet and sitting area
  • Finished lower level has a full kitchen, ensuite bedroom, full bath, media room, recreation space, exercise room and large storage space
  • More photos and information
  • Listed for $1,075,000

To schedule a private showing or learn more about 3037 Walnut Ridge Dr, contact the real estate specialists with The Bouma Group at 734-761-3060 or info@bouma.com today!

How to Choose a Seasoned Agent for Your Home Sale

Key Takeaways:

  • Selling your home is a chance to maximize your equity, so you owe it to yourself to find the perfect listing agent.
  • Searching for a listing agent is just as important as your home search, so make sure to meet with at least three candidates before making a decision.
  • We’re telling you the must-ask questions to track down a listing agent—and now, you can put our team to the test when you list your home with us!

Home Sellers, Don’t Settle For Second Best

Many sellers are under the impression that any listing agent can sell their home instantly for the best possible price—but that’s simply not the case. Did you know that 77% of home sellers only contact one agent before listing their home? When it comes to trusting someone with your biggest investment, it’s crucial to do plenty of research to find the right fit. And you should never settle for second, which is why we recommend meeting with at least three agents before making your decision. We’ve outlined some must-ask questions to help you track down the perfect listing agent!

What’s your marketing plan?

tripod set up for property pictures

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Ann Arbor Real Estate Report – August 2021

Monthly Sold Inventory Declines

The month of August experienced less drastic change in its metrics. A total of 156 listings were added to the Ann Arbor housing market, only a 3.3% increase from the previous August. Properties sat on the market for an average of 17 days, which was a considerable 45.2% drop from the 31 days in August 2020. There was an 18.4% decline in the amount of sold homes, from 141 to 115 recently. The average sale price increased by 5.9% though, $476,076 versus $504,283.

Since the start of the year, 1,288 homes have been entered into the multiple listings service, and this was a 4.4% change from the 1,234 from this time last year. 915 homes have been sold thus far in comparison to the 765 earlier – a 19.6% increase. Cumulatively, the ASP rose 14.1% to $526,753 versus the $461,649 before.

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

110 Fairview Dr., Ann Arbor, MI 48103. Cute blue house with bright and clean interior SOLD!

110 Fairview Drive, Ann Arbor, MI 48103

SOLD! This adorable house is the perfect starter home. It’s been well maintained and has some updates, as well as places to make it your own. Features include:

  • 984 square feet
  • 2 bedrooms and 1.0 bath
  • well maintained hardwood flooring throughout
  • fresh kitchen with white cabinets and butcher block countertop
  • half walls frame the kitchen creating an open flow with the living room
  • entertain on the deck in the large backyard
  • amazing location close to parks, schools, and the downtown
  • Virtual 3D tour with floorplans
  • More photos and features
  • Listed for $310,000

If you would like a private showing or to learn more about 110 Fairview Rd., then reach out to the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com.