Need: Burns Park Homes in Ann Arbor, MI| Ann Arbor Real Estate Experts|

U of M StadiumWe are looking for Burns Park homes in Ann Arbor, MI that are not yet on the market that might match our buyers.

Many of the homes here are being sold quickly and we have buyers for this Burns Park neighborhood (complete article).  The Burns Park Elementary school is very well supported by parents.  See letter from Principal  Dr. Bell and read about 5th grade graduation.

Burns Park holds a place in Ann Arbor’s horticulture history as it once housed the Washtenaw County Agricutural and Horticultural Society Fairgrounds (circa 1890). Today this community is thought of as ‘quintessential Ann Arbor’ with residents biking to the University of Michigan or downtown to work, children walking to school and playing in the parks. The neighborhood is generally defined as North of Stadium, East of Packard and West of Washtenaw. It is peppered with historic Craftsman era single-family homes containing original woodwork and tall ceilings. Many homes offer three stories and detached garages and each have a unique flair. The Burns Park District is also home to the quiet neighborhood of Ives Woods which has one of the highest median household incomes in Ann Arbor.

Burns Park itself is a 15 acre Park with reviews from yelp.  The sledding hill is popular.  Th city provides more information on this and other Ann Arbor Parks. It has a small shelter with restrooms and a drinking fountain, five tennis courts with a one half practice court, a basketball court, etc.   This area is tree-canopied streets with beautiful old homes by U-M’s campus and downtown Ann Arbor,  making Burns Park one of the city’s most desirable and expensive neighborhoods. Old homes pepper with with large fraternity, sorority, cooperative houses and student apartment buildings.

This is a popular home choice location among professors who like the walkability. If you know of a Burns Park homeowner who is thinking of selling, please allow us to match our Ann Arbor Real Estate buyers with them: 734-426-6669.

Ann Arbor Sold Prices By Schools: Market Bottom?

Our Ann Arbor Real Estate market had some surprises one of them was that the highest sold price per square feet was in Angell school district with Burns Park in second place for 2009 and 2010.   Refer to chart below.  Bach elementary school was third with sold price per square feet of $178 in 2009 and $174 in 2010. More on Ann Arbor Market Statistics, here. 

With improving economy, the bottom is here.  Washtenaw County’s unemployment rate slipped from 8.4 percent in September to 7.8 percent in October, DELEG reported.  That marks the lowest point since April 2009, when the rate stood at 7.6 percent.  Now we need to look carefully at what will happen to interest rates. For a $100,000 loan amount, a one percent increase in rate can affect the purchase power by $11,000. Now a 30-year mortgage rate is averaging 4.85%.  Talk to us about reputable lenders.  We don’t want you to have any surprises!

We are here to help you evaluate your particular Ann Arbor situation.