3222 Roon The Ben Drive, Ann Arbor, MI – Ann Arbor Real Estate for Sale

3222 Roon The Ben Drive, Ann Arbor, MI 481083222 Roon The Ben Drive, Ann Arbor, MI 481083222 Roon The Ben Drive

Bedrooms: 4

Bathrooms: 2.5

Sq. Feet: 1,951

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This welcoming Turnberry Colonial has it all! With four bedrooms and two and a half baths, and over 1,900 square feet of living space. This home has plenty of space for entertaining and everyday living! Three large bay windows fill this classic colonial with natural light. The kitchen has been beautifully updated with popular white cabinetry, stainless steel appliances, easy to care for flooring, and stylish subway tile backsplash. All this flows seamlessly into the step down family room with cozy brick fireplace. A breakfast area provides a place to enjoy your morning coffee while you look out onto your composite low maintenance deck. A formal dining room and living room are spacious and add to the living space. A guest bath and laundry room finish off the first floor.A spacious master suite is very inviting, with a vaulted ceiling, rand large walk in closet. The master bath has been recently updated including dual vessel style sinks. Three additional bedrooms, and a second full bathroom allow for lots of options. This home backs up to a wooded lot for extra privacy and a wonderful view. This home also features a full basement and an attached two car garage. Residents enjoy the neighborhood Turnberry Park with easy access to the Scarlett-Mitchell Nature Area. Walk to parks, shopping, restaurants, the bus line and more! Schedule your showing of 3222 Roon The Ben Drive today!

 

Additional Ann Arbor Area Real Estate Listings

7090 Ulrich
2616 Bayberry

Toth Team Worldwide Network

Keller Williams Realty

Toth Team Worldwide Network has global aspirations and a growth strategy to meet the modern needs of clients around the world. Toth Team Worldwide Network is among the top one percent of REALTORS® nationally. They have been featured on House Hunters HGTV, and are proud to be the only trusted agent endorsed by celebrity Martin Bandyke on red 107.1. and the exc;isove Rea; estate agent for 102.9 W4Country.

Toth Team Worldwide Network exceeds Client expectations while delivering top performance in the purchase or sale of residential real estate worldwide.

7090 Ulrich, Dexter, MI – Dexter Real Estate for Sale

7090 Ulrich, Dexter, MI 481307090 Ulrich7090 Ulrich, Dexter, MI 48130

Bedrooms: 5

Bathrooms: 3.5

Sq. Feet: 2,426

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Welcome to a well kept two-story home in Huron Farms. The popular Huron Farms Subdivision is in the highly sought after Dexter School District and has easy access to trails and metro parks. Upon entering you will be amazed by the two story foyer and hardwood flooring. A formal living space is just inside with light streaming in from above. The heart of the home is the large great room, with a vaulted ceiling, large windows and natural fireplace. The kitchen and eating area are adjacent. The large kitchen features stainless appliances, warm wood cabinetry, recessed lighting and tile flooring. Access to the deck will make entertaining a snap. The first floor master suite includes a walk in closet and a bath with jetted tub, dual sinks and separate shower. Upstairs, a spacious loft could be home office, play room or craft space. Three bedrooms and a full bathroom on the second level makes this an ideal family home. The walkout lower level is partially finished and leads you to views of the Huron River with quick access to walking trails and parks, all within walking distance of town. Come out to 7090 Ulrich and see a wonderful home in the Dexter Real Estate Market!

Additional Ann Arbor Area Real Estate Listings

2616 Bayberry
3782 Kipling Circle

Toth Team Worldwide Network

Keller Williams Realty

Toth Team Worldwide Network has global aspirations and a growth strategy to meet the modern needs of clients around the world. Toth Team Worldwide Network is among the top one percent of REALTORS® nationally. They have been featured on House Hunters HGTV, and are proud to be the only trusted agent endorsed by celebrity Martin Bandyke on red 107.1. and the exc;isove Rea; estate agent for 102.9 W4Country.

Toth Team Worldwide Network exceeds Client expectations while delivering top performance in the purchase or sale of residential real estate worldwide.
Toth Team Worldwide Network exceeds Client expectations while delivering top performance in the purchase or sale of residential real estate worldwide.

 

2616 Bayberry, Brooklyn, MI  49230  

2616 Bayberry, Brooklyn, MI – Ann Arbor Area Real Estate for Sale

2616 Bayberry, Brooklyn, MI  492302616 Bayberry2616 Bayberry, Brooklyn, MI  49230

Bedrooms: 2

Bathrooms: 2

Sq. Feet: 1,157

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This is your opportunity for affordable living on All Sports Vineyard Lake! Move right into this lovingly maintained home with 66 feet of channel frontage and your own private dock. Enjoy the peace and tranquility in the spacious living room with large bay windows overlooking the channel. The kitchen features plenty of cabinetry and a convenient breakfast bar. It is open to the dining area which flows to the living room. The floor plan is open and light-filled and it’s the perfect space for entertaining in your waterfront home. The master suite includes a private bathroom with dual sinks and a full tub. The attached garage can be used for vehicles or lake toys! A three season room with gas fire place extends the living space. A shed/workshop in the back yard is perfect for a craftsman. The yard is full of gorgeous perennials just waiting to bloom this spring and summer – and much more! This is the perfect summer lake cottage or year round residence. Schedule your showing today to see 2616 Bayberry in the Ann Arbor Area Real Estate Market.

Additional Ann Arbor Area Real Estate Listings

10781 Noggles
3782 Kipling Circle

Toth Team Worldwide Network

Keller Williams Realty

Toth Team Worldwide Network has global aspirations and a growth strategy to meet the modern needs of clients around the world. Toth Team Worldwide Network is among the top one percent of REALTORS® nationally. They have been featured on House Hunters HGTV, and are proud to be the only trusted agent endorsed by celebrity Martin Bandyke on red 107.1. and the exc;isove Rea; estate agent for 102.9 W4Country.

Toth Team Worldwide Network exceeds Client expectations while delivering top performance in the purchase or sale of residential real estate worldwide.
Toth Team Worldwide Network exceeds Client expectations while delivering top performance in the purchase or sale of residential real estate worldwide.

 

2555 Elmwood Street, Ann Arbor, MI  48104

2555 Elmwood Street, Ann Arbor, MI – Ann Arbor Real Estate for Sale

2555 Elmwood Street, Ann Arbor, MI  481042555 Elmwood Street, Ann Arbor, MI  481042555 Elmwood Street

Bedrooms: 3

Bathrooms: 1

Sq. Feet: 1,404

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This Darlington neighborhood Cape Cod is beautiful – both inside and out! Inside, you will find three bedrooms and a spacious light filled living room. Outside you will enjoy a fenced oasis with beautiful landscaping and new shed. The living room is topped with crown molding and transom windows. Fresh paint and hardwood flooring throughout the first level are clean and sharp. The stylishly updated kitchen with custom cabinetry and a door to the patio is a perfect place to spend time cooking and entertaining. An eating nook is adjacent to the kitchen. An eating nook is convenient and cozy. Two first floor bedrooms and full bath make this home accessible to many. The second floor can function as an additional bedroom, master suite, study, bonus room or any combination that suits you. The second level is also plumbed for a full bath. Step outside to a peaceful tree-lined street, a private fenced back yard oasis with beautiful landscaping and a brand new shed. Walk to to Pittsfield Elementary, Sheffler Park, the bus-line and more. It’s truly perfect! Schedule your showing today of 2555 Elmwood Street Today!

Additional Ann Arbor Area Real Estate Listings

10781 Noggles
3782 Kipling Circle

Toth Team Worldwide Network

Keller Williams Realty

Toth Team Worldwide Network has global aspirations and a growth strategy to meet the modern needs of clients around the world. Toth Team Worldwide Network is among the top one percent of REALTORS® nationally. They have been featured on House Hunters HGTV, and are proud to be the only trusted agent endorsed by celebrity Martin Bandyke on red 107.1. and the exc;isove Rea; estate agent for 102.9 W4Country.

Toth Team Worldwide Network exceeds Client expectations while delivering top performance in the purchase or sale of residential real estate worldwide.

How Is the Ann Arbor Real Estate Market Looking for 2018?

There have been a lot of changes lately in our real estate market. Here are a few that you should know about.

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We can honestly say the real estate market is hotter than it has ever been. Take a look at this absorption chart that we produce monthly in the video above. You’ll notice there’s a supply of three months or less across the board. Any market with less than a five-month supply is considered a seller’s market.

The Chief Economist for The National Association of Realtors has recently stated that the pool of interested buyers at the end of the year significantly outweighed what was available for sale. This fact was true both nationally and here in the Washtenaw area.

According to The Wall Street Journal, the U.S homeownership rate rose in 2017 for the first time in 13 years. We’re seeing more people who want to purchase a home than rent one. Looking back at 2017, you can see the increase in homeownership across the U.S.

The driving force for all of this is higher rental costs across the country. If you‘re thinking about selling, now is the time to put the house on the market, whether you’re thinking about moving up to a bigger house or downsizing to a smaller one.

 

Both nationally and locally, our market is

doing fantastic.

 

Zillow is saying that inventory is stuck at a crisis level in some of the nation’s hottest housing markets. That includes Ann Arbor. The number of homes for sale nationwide has declined on an annual basis for the past 35 consecutive months.

Another driving force for people who want to buy homes now is interest rates, which are continuing to go up. Right now, rates are hovering between 4.1% and 4.5%. Of course, rates vary depending on your credit rating and how much debt you have.

You can expect rates to only go up, so now is the time to sell and to buy a new house. Nationally, home prices are increasing. In the state of Michigan, we’re seeing a more than 7.7% increase for many homes in our area.

According to the Fitch Report, US home prices are on track for a 5% normal gain for the fourth consecutive year, returning national prices to their highest level since 2007. The average residential sale price for January 2018 is up 15.6% to $313,361, compared to $271,131 in January 2017.

We expect the market in 2018 in Southeastern Michigan to be on fire. If you’re thinking about selling your home and want more money in less time than the average agent is getting, give us a call or send us an email. We would be more than happy to help you.

765 Country Club Road, Ann Arbor, MI – Ann Arbor Real Estate for Sale

765 Country Club Rd, Ann Arbor, MI 48105765 Country Club Rd, Ann Arbor, MI 48105765 Country Club Road

Bedrooms: 2

Bathrooms: 2

Sq. Feet: 1,881

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This beautiful ranch home is in the prestigious Barton Hills Community. Just steps away from the driving range, clubhouse and golf course, however this home also offers privacy. You will enjoy a delightful open floor plan with barrier free living in this 2 bedroom 2 bath home. Stunning Hardwood flooring throughout and a warm and cozy wood fireplace focal point. In the summer enjoy afternoons on the spacious rear deck, with a beautiful view. It will be your favorite place to entertain. This home features mature landscaping, a two-car garage, and new windows. All this adds this lovingly cared for home’s appeal. 765 Country Club Road is a wonderful opportunity in the Ann Arbor real estate market. You won’t want to miss this one!

Additional Ann Arbor Area Real Estate Listings

10781 Noggles
3782 Kipling Circle

Toth Team Worldwide Network

Keller Williams Realty

Toth Team Worldwide Network has global aspirations and a growth strategy to meet the modern needs of clients around the world. Toth Team Worldwide Network is among the top one percent of REALTORS® nationally. They have been featured on House Hunters HGTV, and are proud to be the only trusted agent endorsed by celebrity Martin Bandyke on red 107.1. and the exc;isove Rea; estate agent for 102.9 W4Country.

Toth Team Worldwide Network exceeds Client expectations while delivering top performance in the purchase or sale of residential real estate worldwide.

10780 Noggles, Manchester, MI – Ann Arbor Area Real Estate for Sale

10781 Noggles, Manchester, MI 4815810781 Noggles, Manchester, MI 4815810780 Noggles

Bedrooms: 4

Bathrooms: 2 full, 2 half

Sq. Feet: 3,114

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Property Highlights and Specifications for 10780 Noggles

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This stunning 3114 square foot home is a must see! Sitting on 19.71 acres of mostly rolling wooded terrain, this custom home has many great features. The beautiful kitchen features a huge island, stainless steel appliances, a double oven, new back splash, and walk-in pantry. With a gorgeous great room adjacent that includes a stunning two-sided stone fireplace and a wall of windows. A formal dining room will be a great place for more intimate gatherings. There is a main floor study, that could be used as a home office or craft room. The highly sought after first floor master suite is pure luxury. With two walk-in closets and a private balcony. The master bathroom is huge, with dual sinks and a large jetted tub with a view you can not beat! First floor guest bathroom has been nicely updated. Upstairs, plenty of room awaits. Two large bedrooms and a full bathroom. A second study that would make a great play room, guest room or third not-conforming bedroom.

This home is full of windows to view the beautiful woods. The yard is fenced, perfect for children and pets. The roof and geothermal heating were new in 2012. This home has been freshly painted, new custom lighting and a new reverse osmosis system in the kitchen. You can walk to your tree stand on the property for deer and turkey hunting! Just minutes from Ann Arbor and I-94. This is a wonderful home with wooded privacy! 10781 Noggles is a great choice, come see it today!

 

Additional Ann Arbor Area Real Estate Listings

180 Brown Street
3782 Kipling Circle

Toth Team Worldwide Network

Keller Williams Realty

Toth Team Worldwide Network has global aspirations and a growth strategy to meet the modern needs of clients around the world. Toth Team Worldwide Network is among the top one percent of REALTORS® nationally. They have been featured on House Hunters HGTV, and are proud to be the only trusted agent endorsed by celebrity Martin Bandyke on red 107.1. and the exc;isove Rea; estate agent for 102.9 W4Country.

Toth Team Worldwide Network exceeds Client expectations while delivering top performance in the purchase or sale of residential real estate worldwide.

Real Estate 2018: What to Expect

Ann Arbor and Washtenaw County Outlook for 2018

2017 was a strong year for the Ann Arbor and Washtenaw County real estate market, and we can expect the momentum to continue into 2018! Before we share our market projections, let’s recap the trends to date, and look at the factors involved in our outlook.

2017 Market Wrap

Ann Arbor single-family home prices increased, reaching an average sales price of $303,087.  The median single-family home price reached $264,900. Condominium prices reached a median of $195,000. Sales were extremely brisk, with single-family homes spending an average of 37 days on market, and condos spending an average of 29 days on market.

Looking at Washtenaw County as a whole, single-family home sale prices reached a median of $303,384. Condo prices reached a median of $195,000. Days-on-market were 36 and 29, respectively.

Home inventory has been an ongoing challenge, with listings down by about 8% on a year-over-year basis.

The Tax Reform and Jobs Act

When projecting the market conditions for 2018, we must consider the potential effects of the Tax Cuts and Jobs Act. The new tax laws do not discourage home ownership, but the new caps on certain deductions could affect individual tax strategies.

For informational purposes, we will share examples of the tax deduction changes for residential real estate. This should not be taken as tax advice; please see a professional tax preparer to determine how the new law affects your personal situation.

Home Buyers:

Mortgages originated after 12/14/17 have an interest deduction limit of $750,000. Mortgages issued prior to this date fall under the previous cap of $1 million. This applies to primary residences as well as vacation homes.

The combined itemized deductions for property taxes, state income taxes, local income taxes and sales taxes cannot exceed $10,000.

Job-related moving expenses are no longer deductible, except for military personnel.

Homeowners:

Mortgage balances in existence as of 12/14/17, up to $1 million, can refinanced, and the new loan’s interest can be deducted under the original $1 million cap. However, the new loan amount cannot exceed the prior loan’s principal balance.

The interest on a home equity loan remains deductible, if the proceeds are used for substantial home improvements or repairs.

Unreimbursed casualty losses are no longer an allowable tax deduction, unless the loss occurred within a presidentially-declared disaster area, and was caused directly by the disaster event.

Home Sellers:

Tax exclusions still apply to the sale of your primary residence. Single filers can exempt up to $250,000 in home sale profit. If you are married filing jointly, you can exempt up to $500,000 in home sale profit. To qualify, you must have owned the home for at least 5 years, and have used it as your primary residence for at least 2 of those years.

Potential impacts to the Ann Arbor and Washtenaw real estate market:

Home demand is not driven by tax policy. According to the IRS, only about one-third of taxpayers itemized their Federal income tax return as of 2013. Therefore, the new tax law is unlikely to dissuade home buyers from entering the market.

However, the caps on itemized deductions could soften demand for luxury homes in high-cost areas; any effects would be highly localized.

Demographic Market Influences

From 2015 to 2016, Washtenaw County experienced the highest population growth of any county in Southeast Michigan, adding 3,862 residents. The current population is estimated at 364,709. Washtenaw County population numbers have been increasing for six consecutive years, averaging about 3,160 new residents per year.

Ann Arbor is home to the University of Michigan, which posted a record-high enrollment of 46,002 students in 2017.

The presence of the University of Michigan attracts young adults from around the state, the country and the world. The employment and entrepreneurial opportunities in our area encourage them to stay. Positive demographic trends are expected to continue, leading to increased home demand in Washtenaw County.

Economic Market Influences

Interest Rates:

Mortgage interest rates have shown tepid increases during 2017, even as the Federal Reserve hiked its benchmark lending rate on three occasions. The same conditions cannot be expected for 2018. A tightening labor market, along with a burgeoning financial market, may prompt the Fed to issue three to four rate increases during 2018.

Industry analysts expect mortgage interest rates to reach an average of 4.5% to 5% by year-end. Further rate increases are expected in 2019. The prospect of rising rates will keep home buyers motived.

Employment:

Washtenaw County enjoys one of the strongest job markets in the Midwest. As of November 2017, our unemployment rate stood at 3.1%. The national average unemployment rate was 4.1% for the same month.

Summary:

Without a substantial increase in home inventory, home prices throughout Ann Arbor and other popular markets in Washtenaw County will continue their assertive rise. Our local demographic and economic data points to ever-growing home demand, as does the progress of our national economy.

Construction permits were up statewide during 2017, but industry challenges have kept housing starts below historical norms. A shortage of skilled labor, along with the rising cost of land and materials, have restricted production of single-family homes. However, new construction listings have improved over recent years, and 2018 will offer the best selection of new Washtenaw County homes we have seen in some time.

Single-family homeowners have outstanding selling opportunities during 2018! The 2017 average sales price of $303,087 did not discourage buyers, especially those who are relocating here from other areas of the country. We are truly part of a global market as entrepreneurs, corporations, investors and students continue to discover Ann Arbor.

Multi-family development in downtown Ann Arbor is adding to the supply of condominiums and apartments, with hundreds of new units coming to market during 2018. While Ann Arbor condo prices were up sharply in 2017, the median sales price of $195,000 still puts them in reach of first-time home buyers, and makes them a popular choice for downsizing homeowners.

Please keep in mind that Washtenaw County real estate is highly localized and ever-changing.  Market conditions can vary substantially by location. There are always opportunities in the market for well-prepared home buyers and sellers who have the guidance of an experienced real estate professional.

If you are planning to buy or sell a home in 2018, get started today by obtaining an expert real estate consultation from the Toth Team Worldwide Network!

Pre-Approval vs. Pre-Qualification: Which Is Better?

Getting pre-approved is better than getting pre-qualified when buying a home, but there are certain things your lender will need from you in order to get you pre-approved.

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What is a pre-approval? Why is it crucial to the home buying process?

A pre-approval is a stronger commitment from a lender than a pre-qualification. Getting pre-approved can give you an edge when there are multiple offers on a home. A pre-qualification does not pull a credit report, and therefore is less reliable. Your offer may be rejected if you only offer this.

 

Getting pre-approved can give you an edge when there are multiple offers on a home.

 

Here’s a list of what you might be asked for to get pre-approved for a home loan:

1. The social security numbers of both you and your spouse if you’re both applying for the loan together. This allows the lender to run an accurate credit check on you.
2. Copies of your checking and savings account statements from the last six months.
3. Documentation of other assets you might have, like stocks or bonds.
4. Recent pay stubs showing your earnings from your job and the contact information of someone who can confirm that you work there.
5. A list of all credit card accounts with current balances.
6. Your last two years of income tax returns.

Each lender might have other requirements for your pre-approval so if you have any questions about this topic, don’t hesitate to give us a call or send us an email. We’d be happy to help you.

667 Ridge Lane, Tecumseh, MI 49286 

667 Ridge Lane, Tecumseh, MI – Ann Arbor Area Real Estate for Sale

667 Ridge Lane, Tecumseh, MI 49286 667 Ridge Lane, Tecumseh, MI 49286 667 Ridge Lane

Bedrooms: 2

Bathrooms: 2

Sq. Feet: 1,201

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You must be certain to come and tour this beautiful move-condition condominium in Buttermilk Park. Priced below new construction, this unit features a large kitchen with tons of cherry cabinetry, recessed lighting and a generously sized dining area. The spacious family room features a vaulted ceiling, and a pass through to the kitchen. The master suite is luxurious and includes a private bath. The door wall leading to a concrete patio will be great for three season enjoyment. A second spacious bedroom and a second full bath make this condo ideal for entertaining over night guests. There are tons of extras like ceiling fans in every room, new stylish flooring installed throughout most of the condo and a nice laundry room.There is a huge basement with egress window and it is plumbed for a full bath. This condo also includes a two car attached garage! Meticulously cared for and within walking distance to downtown Tecumseh. This is a fabulous condo at a awesome price! Put 667 Ridge Lane on your must see list in the Ann Arbor area real estate market!

 

Additional Ann Arbor Area Real Estate Listings

180 Brown Street
3782 Kipling Circle

Toth Team Worldwide Network

Keller Williams Realty

Toth Team Worldwide Network has global aspirations and a growth strategy to meet the modern needs of clients around the world. Toth Team Worldwide Network is among the top one percent of REALTORS® nationally. They have been featured on House Hunters HGTV, and are proud to be the only trusted agent endorsed by celebrity Martin Bandyke on red 107.1. and the exc;isove Rea; estate agent for 102.9 W4Country.

Toth Team Worldwide Network exceeds Client expectations while delivering top performance in the purchase or sale of residential real estate worldwide.