The Ann Arbor real estate market has been turning in favor of the home seller which makes this a great time to sell in the area. Many properties have sold at the highest price ever in their history. We have selected some typical sales that reflect the upturn in the Ann Arbor market.
This single-family home located on a ¼ acre of land sold for $603,000 on Mar 8, 2013. The home has a charming outside appearance with great curb appeal. The home has a New England cottage appeal, but accommodates 4 bedrooms and 2.5 baths with nearly 3,000 square feet of space. The home is designed to have a welcoming entrance which leads to a tiled center-entry foyer that opens to a large dining and living room. There are many features of this home that make it a highly desirable place to relax and to entertain. The detail work in the interior is fabulous.
This home has 5 bedrooms and 5 baths and over 5,000 square feet.. It sold for $600,000 in March 2013. This home has somewhat of an old classic design. This home features hardwood floors, the stylish arched doorways of the era, and the house is generously proportioned. This home has many unique and spacious features, but it also has high-end updates everywhere. This home reminds one of the English country homes except for the updates. The interior of this home has some amazing features in the space that is available.
This home is situated on a city lot in the neighborhood near downtown Ann Arbor. It was built in 1927 with 4 Br, 2 1/2 baths, and a 2 car garage. The interior is warm and it has a classic architectural feel of space with accented woodwork. The formal living room features arched openings to the formal dining room. There are many features such as the large kitchen that opens to the family room. This home sold in February 2013 for $400,000. Although there is no historical sales price for this home, the average sales price for is $355,053 for similar homes.
It Is a Great Time to Sell
The Ann Arbor real estate market is inviting sellers to take advantage of increasing prices. While there are various homes for sale at various prices, the market is generally trending upward. The listings all reflect a significant increase in home value. The pertinent points illustrated by the above examples is they are: 1)all a different style; 2) all are on different size properties; 3) they have different interiors, and 4) they have all achieved price growth and stabilization.