Metro Detroit Real Estate Update 6/3/2021

Here is a quick update on Metro Detroit real estate.  Homes in the suburban Detroit area are still selling quickly.  Of course there are still some sellers that are still over pricing their home for the conditions.  We have several over priced homes on the lake I live on.  Plus I have seen several homes that are sitting on the market with my buyers.  Condition and price still matter in this hot real estate market in SE Michigan.

Looking to sell

It is still crazy out there though I believe their is a little slow down as some buyers are very frustrated.  I have heard stories of SE Michigan home buyers losing 10 different bids on 10 different homes.  It is hard for a home buyer to swallow that.  Home buyers are getting very frustrated.  Some are dropping out on looking.  The problem is that there are so many buyers in the same situation.  So even if a few buyers drop out there are still a lot of buyers looking for homes.  So the demand is still going to be strong in the near future for home purchases.

Which way are you going?

So why is the demand so strong?  Here are my thoughts on the whole situation.

1.)  Interest rates are low which is allowing buyers to get more home for the money.  However I am seeing cash buyers in this market.  So that is not the only reason.  My clients recently lost a bid to a cash home buyer in the 1.5 million dollar price range.

2.)  Limited inventory.  Fewer home owners are moving.  One of the reasons for this is that home owners are staying in their homes from anywhere from 15 to 25 years.  Before the mortgage meltdown the average home owner stayed in their homes on the average of 7 years.  It’s a much longer time now, so there is less turn over and less homes for sale. Another 2 reasons for limited inventory is that it is hard for people who have to sell their home before they buy to purchase a home.  Most sellers will not take an offer contingent on selling another home.  The second reason that people aren’t moving is because it does not make sense to downsize for some home owners.  The taxes on the new house may be more than their old house.  In todays market it is hard to find a updated move in ready house with a first floor master that is comparable to the home they live in.

3.)  The free money.  We have gotten a lot of free money from the government.  That has given the public a positive outlook.  They have the sentiment that the economy is strong and is going to continue to be strong.  So people are spending money.  They are not worried about..not cutting back because they fear the economy is going down.  They are buying houses.

4.)  Many people can work from anywhere.  I helped three different people from Chicago and New York that moved here because they could work remotely.  More people have moved into Michigan than moved out in the last year.

If you are going to to buy a home you have to put in the best offer possible.  Here is a link to How to win a bid on a Metro Detroit Home.    If you are selling you should be able to sell your home in under a week if you price it right.  The homes that are sitting for longer than a week are sitting because the price is too high for the condition of the property.  If there are any issues like bad layout, in poor location, or structural problems then you need to be priced right.  Like I said no reason not to sell your Southeastern Michigan Home in less than a week unless you are too high priced.   It is key to price it right (preferably at the top of the comparables) to get a bidding war going.  I have even had a bidding war on an outdated estate home that had peach countertops, worn/dirty carpet, and needing updates.

Sell for top dollar

Here are just a couple of examples of what is going on in the market.

A) I listed a home in Commerce for $500,000 (at top of the market for recent comparables).  It had 69 showings, 29 offers and ended up going for $600,000, with an appraisal guarantee, inspection waiver, and 45 days free occupancy

B) I listed a 1960’s West Bloomfield colonial for $300,000 (at top of the market for recent comparables).  It ended up going for $350,000 with appraisal guarantee.

C) I listed a Livonia estate home for $274,000.  It ended up going for $294000 and the home needed work.

I hope this has given you a little insight about what is going on in the metro Detroit real estate market and why.  If you are looking to move soon and need a good realtor give me a call, text, or email me.  My cell is (248) 310-6239 or email is yesmyrealtor@gmail.com

Russ Ravary your local realtor that really knows about our local real estate market.

Here are some links of past articles I have written that you may want to read.  Positive Values make a huge difference in our outlook on life.  Southeast Michigan home selling tips to help make your next move easier.  If you want a look back at real estate history here is a quick read Least Expensive Lakefront Home Sold Last Month in Oakland County Michigan and another one is What’s in – what’s out – Oakland County real estate tips

#thehelpfulrealestateagent #russravary #topmetroDetroitrealtors #Homesellingtips #Metrodetroitrealestateupdate #lowhomesellingcommissions #bestsoutheasternMichiganrealestateagents #Oaklandcountyrealestate #waynecountyrealestateupdate #livingstoncountyrealestate #homebuyertips

 

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16 Things you can do to win your real estate bid

It is a highly competitive real estate market in Metro Detroit and many buyers are getting frustrated because they cannot win a home.  I am going to put together a list of things you can do to win the bid.  Some of this advice is common sense, but I want to list all the different things to do and that I have seen on purchase agreements.  In the last few weeks I have seen over 60 offers on homes I was selling so I have seen many different ones.  One of the first things you should do is ask your agent to call the listing agent to see what is important to the seller and then try to write your bid to make the seller get what they want.

                                                                                                               Here is a beautiful patio

  1.   Pay the seller’s transfer taxes
  2.   Bid over list price   ***** within reason and for market conditions.  Some houses in the Detroit suburbs are going for 20% over and some are going 5% over.  The use of an acceleration clause helps.
  3.   Acceleration clause-  This is where you will automatically increase your bid over the next highest offer by $1000, $2000, $5000, $10,000, $25,000.  I would still start off with a good bid over list price.   Just starting at list price sometimes does not work.  (It doesn’t show the seller that you agressively want the house.)  When you bid above list and add in an acceleration clause you don’t get lost in the shuffle.
  4.   Waive home inspection or have a very short inspection period, or limit what you will be looking for in a home inspection.  I would never recommend this unless you are very knowledgeable and have looked over the house indepth.
  5.   Give free occupancy to the seller for as long as they want to stay in the house.
  6.   Have your realtor reduce their commission and pay your realtor out of your pocket
  7.   Offer seller free plane tickets
  8.   Waive mortgage clause contingency
  9.   Guarantee how much you bring to the table if  the house does not appraise.  Be sure to put a limit on how high you will guarantee.  Give a firm number on what you can afford.
  10.   Do not ask for home warranty
  11.   Get the shortest date for closing if they are not looking for occupancy
  12.   Go with a reputable well known lender that responds well.
  13.   Do not ask for seller’s concessions
  14.   Do not ask for anything that is not listed on the mls ticket (no furniture, no personal items)
  15.    Write a letter about your family and their house that tugs on the seller’s heart strings and tells them how much you love their home.  The goal is to have the seller identify with you.  So if you are ever in a house where the seller is there….make nice.  Say nice things about the house, their decorating, and what matters to the sellers.  It’s about establishing a likeability with the sellers.
  16.   Have your agent accept what the seller is offering them in commission.  I have seen where the seller is giving 2% commission and the buyer’s agent asks for 3%.  Then you lose your home bid because your real estate agent is trying to make more money on the sale.  This is a quick way to loose a home bid.  Don’t let your agent sabotage your home bid.

Helpful hints on what to do

  1.   Put down the biggest EMD you feel comfortable with
  2.   Chose the best mortgage option so the seller and seller’s agent is happy.  They prefer in this order usually….cash, conventional loans with 20% or more down, FHA, USDA, VA loans.  The more down you have in a mortgage usually tells the sellers that you have cash, you are a saver, you are financially good, and that you have money to pay an appraisal guarantee.
  3.   Be sure to have your pre-approval letter before you start shopping for a metro Detroit house.  A delay in getting this could have you miss out on a home.
  4.   The key is to make your offer as simple as possible.   Give the seller what they want!  DO NOT ASK FOR ANYTHING IN THE PA THAT THE SELLER DID NOT OFFER!  Asking for the piano, or dining room table may move your bid to the bottom of the list.

No matter what you do, or how good your offer is you may still loose the house and the bid.  There may be somebody out there that puts in a crazy bid.  What I tell all my clients is to put the best offer they can if they love the house.  Put your best foot forward.  That way you can say you didn’t lose it over not offering $1000 more.  In this crazy Metro Detroit seller’s market write a strong offer the first time.  You may not get a second shot.

I hope these tips help you win a house.  Whether you are my client or somebody else’s if you have the information on what to do it will help you.

Russ Ravary ~~~~your metro Detroit realtor that helps save you money whether you are buying or selling a home  Call me to discuss your next move (248) 310-6239

#thehelpfulagent #toprealestateagents #howtowinahomebid #bestmetrodetroitrealtors #russ’shomebuyerbonus #russravary #topOaklandWayneLivingstonCountyrealtors #howtobuyahome #SEMichiganrealestate #metrodetroithomes #thehonestrealtor

 

 

How much would you pay?

Here are few of my past articles way back on this website that may interest you.

Lake homes for sale in Commerce Township MI 3/23/2021

It’s tough out there to find waterfront homes for sale in Commerce MI.  With the low inventory and low interest rates home buyer demand is sky high.  Add in that there is no perfect lake house.  As I tell all my lakefront home buyers……”you are going to have to compromise on what you want because there is no perfect lake house”.   Otherwise you won’t find a lake house.

Here is the latest list of lake houses for sale in Commerce MI.

9457 BONCREST Street, Commerce Twp 48382 Price: $265,900
$/SF: $312.82
MLS#: 2210018619 Residential Status: ACTV Summer Tx: $3,286
County: Oakland Stat Dt: 03/21/21 Winter Tx: $1,078
School Dist: Walled Lake Beds:
2 Baths: 1.0
Assoc Fee:
SubDiv: MAPLE POINTE BEACH SUB Sqft Abv: 850 Yr Built: 1940
MLS Area: 02171 – Commerce Twp Grg Size: No Garage Basement: No
Architecture: 1 1/2 Story Water: Municipal Water
Style:  Bungalow, Cottage Heating: Wall/Floor Furnace
Acreage: 0.13 Sewer: Septic-Existing, Sewer at Street
Water Fac: Beach Front, Direct Water Frontage, Lake Front, Private Water Frontage, Water Front
Lot Dimen: 56X188X25x200
Office: Remerica Integrity II
ONE OF A FEW COTTAGES LEFT ON THIS PRIVATE LOWER STRAITS LAKE. HAVE YOUR MORNING COFFEE FROM THIS BEAUTIFUL AND PEACEFUL BACKYARD AT THIS 250 ACRES OF WATER —-LAKE FRONT HOME IN COMMERCE TWP. PERFECT HOME FOR SOMEONE WHO WANTS TO BE ON THE LAKE AT AN AFFORDABLE PRICE. 2 BEDROOMS, 1 BATH. YOU CAN MOVE IN OR TEAR DOWN TO BUILD YOUR OWN BEAUTIFUL LAKE FRONT HOME. HOME WAS REMODELED IN 2017 WITH ALL NEW LAMINATE WOOD FLOORS THROUGHOUT THE HOUSE AND BRAND NEW KITCHEN COUNTER IN 2020. 1 BEDROOM UP AND 1 BEDROOM ON THE MAIN FLOOR WITH LIVING ROOM AND SITTING ROOM. BRIGHT KITCHEN WITH ALL APPLIANCES, AN ISLAND AND DOOR WALL TO COVERED BACK PORCH WITH BEAUTIFUL VIEW OF LAKE. BATVAM&D. PONTOON IS NEGOTIABLE. NOT ON WELL… MUNICIPAL WATER IS ALREADY IN HOME, SEWER AT THE STREET. OWNER CURRENTLY USED HOME AS SUMMER WEEKEND HOME.
   
Recent: 03/21/2021 : New : ->ACTV

3545 UNION LAKE Road, Commerce Twp 48382 Price: $299,900
$/SF: $191.75
MLS#: 2210014694 Residential Status: ACTV Summer Tx: $3,336
County: Oakland Stat Dt: 03/06/21 Winter Tx: $1,066
School Dist: Walled Lake Beds:
3 Baths: 2.1
Assoc Fee:
SubDiv: Sqft Abv: 1,564 Yr Built: 1940
MLS Area: 02171 – Commerce Twp Grg Size: No Garage Basement: No
Architecture: 2 Story Water: Municipal Water
Style:  Colonial Heating: Forced Air
Acreage: 0.15 Sewer: Sewer-Sanitary
Water Fac: Lake Front
Lot Dimen: 98X39
Office: Level Plus
SUPER CUTE LAKE FRONT COLONIAL,ALL SPORTS MIDDLE STRAITS LAKE! This beautifully updated 2 Story home offers an open floor plan with a spacious Living Room w/fireplace & a patio door leading to the deck. Gorgeous Kitchen with a new design kitchen cabinet & quartz counters, tile back splash and SS appliances. Large Master Suite w/door leading to the deck, private Bath & walk-in closet. New carpet ,Laundry Room with washer, dryer in first floor, Freshley painted throughout. , Award Winning Walled Lake Schools. close to the highway and shopping area,owner is a real estate licenes.
   
Recent: 03/16/2021 : DOWN : <spantitle=$349,900-&gt$299,900>$349,900->$299,900</spantitle=$349,900-&gt$299,900>

997 SHERBROOKE Street, Commerce Twp 48382 Price: $399,900
$/SF: $340.92
MLS#: 2210000676 Residential Status: ACTV Summer Tx: $2,088
County: Oakland Stat Dt: 01/05/21 Winter Tx: $1,101
School Dist: Walled Lake Beds:
3 Baths: 1.0
Assoc Fee:
SubDiv: FRANK S SALTER’S MOUNT ROYAL COUNTRY CLUB Sqft Abv: 1,173 Yr Built: 1940
MLS Area: 02171 – Commerce Twp Grg Size: No Garage Basement: No
Architecture: 1 Story Water: Well-Existing
Style:  Ranch Heating: Forced Air
Acreage: 0.22 Sewer: Septic-Existing, Sewer at Street
Water Fac: Beach Front, Lake Front, Water Front
Lot Dimen: 72.00X37.30
Office: Meck Realty
Well here i am 70 feet of frontage on all sports Commerce lake which includes a home that needs a whole lot of T.L.C or tear me down and start over. Sewer at the street.
   

8468 Cascade Street, Commerce Twp 84382 Price: $675,000
$/SF: $272.95
MLS#: 2210014602 Residential Status: ACTV Summer Tx: $2,696
County: Oakland Stat Dt: 03/05/21 Winter Tx: $1,715
School Dist: Walled Lake Beds:
4 Baths: 2.0
Assoc Fee:
SubDiv: Sqft Abv: 2,473 Yr Built: 1924
MLS Area: 02171 – Commerce Twp Grg Size: 2 Car Basement: Yes
Architecture: 2 Story Water: Well-Existing
Style:  Colonial, Cottage, Garrison Colonial, Traditional Heating: Forced Air, Space Heater
Acreage: 0.37 Sewer: Septic-Existing, Sewer at Street
Water Fac: Beach Access, Beach Front, Direct Water Frontage, Lake Front, Lake Privileges, Water Front, Lake/River Priv
Lot Dimen: 60 x 254.50 x 65.40 x 291
Office: Team Core, LLC
Great schools, great house, and an amazing all sports lakefront setting with sandy beach island.
   

1840 Sadie Shore Drive, Commerce Twp 48382 Price: $675,000
$/SF: $300.00
MLS#: 2200006215 Residential Status: ACTV Summer Tx: $538
County: Oakland Stat Dt: 01/24/20 Winter Tx: $1
School Dist: Walled Lake Beds:
3 Baths: 2.1
Assoc Fee:
SubDiv: Island Club Sqft Abv: 2,250 Yr Built: 2020
MLS Area: 02171 – Commerce Twp Grg Size: 2 Car, 3 Car Basement: No
Architecture: 1 1/2 Story Water: Community
Style:  Cape Cod Heating: Forced Air
Acreage: 0 Sewer: Common Septic
Water Fac: Canal Front, Direct Water Frontage
Lot Dimen: 52 X 124 X 90 X 53
Office: KW Domain
Build your dream home in the highly coveted Island Club gated community on private, all-sports Commerce Lake. This scenic lot will provide a home with endless entertainment opportunities, so get ready to spend your summers in lake-life bliss. You’ll only need to step in your backyard to view the show-stopping 4th of July fireworks. Commerce Lake also provides the rare opportunity of kayak or canoe access through Proud Lake to the quaint little town of Milford! The community includes sandy beaches, tennis courts, kid safe 15mph speed limit, back-bay with no wake zone, playscape & welcoming neighbors! Building company: Blue Peninsula Real Estate and Luxury Homes. Contact the listing agent for more spec details! Once lot is sold or transferred, annual taxes will be $3,580.
   
Recent: 03/23/2021 : Price Increase : <spantitle=$575,000-&gt$675,000>$575,000->$675,000</spantitle=$575,000-&gt$675,000>

3531 Ravinewood Court, Commerce Twp 48382 Price: $734,900
$/SF: $247.61
MLS#: 2210017779 Residential Status: ACTV Summer Tx: $5,715
County: Oakland Stat Dt: 03/17/21 Winter Tx: $2,463
School Dist: Huron Valley Beds:
5 Baths: 2.2
Assoc Fee:
SubDiv: LAKE SHERWOOD SUB NO 14 Sqft Abv: 2,968 Yr Built: 1972
MLS Area: 02171 – Commerce Twp Grg Size: 3 Car Basement: Yes
Architecture: 2 Story Water: Well-Existing
Style:  Colonial Heating: Forced Air
Acreage: 0.39 Sewer: Sewer at Street
Water Fac: Lake Front, Water Front
Lot Dimen: 126X194X20X251
Office: RE/MAX Classic
Welcome home! Lake Sherwood of Commerce Twp. Lakefront family home located on bay, right off of main lake! Charming & huge front porch. 5 B,2.2 baths. Large kitchen w/built in appl.,breakfast nook & access to outdoor deck. Huge family RM w/brick fireplace. Formal living & dining rooms.Library/office lakeside. 1st floor laundry. Upper level provides Large master suite w/2 closets, 1 a WIC, vanity/dressing area, private bath & balconies on both the roadside and lakeside! Full bath, & 4 more spacious bedrooms. Finished walkout w/ wet bar, half bath & huge rec room. Boat dock, electric boat lift & cover. Outdoor tri level deck w/hot tub included. Well maintained landscaping, circle driveway. 1 hour to show.
   
Recent: 03/17/2021 : New : ->ACTV

1810 Sadie Shore Drive, Commerce Twp 48382 Price: $885,000
$/SF: $272.90
MLS#: 2200034230 Residential Status: ACTV Summer Tx: $538
County: Oakland Stat Dt: 05/20/20 Winter Tx: $1
School Dist: Walled Lake Beds:
4 Baths: 3.1
Assoc Fee:
SubDiv: ISLAND CLUB CONDO PHASE III Sqft Abv: 3,243 Yr Built: 2020
MLS Area: 02171 – Commerce Twp Grg Size: 3 Car Basement: No
Architecture: 2 Story Water: Well-Existing
Style:  Other Heating: ENERGY STAR® Qualified Furnace Equipment, Forced Air
Acreage: 0 Sewer: Common Septic
Water Fac: Canal Front, Direct Water Frontage, Lake Privileges, Water Front, Lake/River Priv
Lot Dimen: 42 X 90 X 123 X 114
Office: KW Domain
Build your dream home in the highly coveted Island Club gated community on private, all-sports Commerce Lake. This scenic lot will provide a home with endless entertainment opportunities, so get ready to spend your summers in lake-life bliss. You’ll only need to step in your backyard to view the show-stopping 4th of July fireworks. Commerce Lake also provides the rare opportunity of kayak or canoe access through Proud Lake to the quaint little town of Milford! The community includes sandy beaches, tennis courts, kid safe 15mph speed limit, back-bay with no wake zone, playscape & welcoming neighbors! Building company: Blue Peninsula Real Estate and Luxury Homes. Contact Joy DiMaggio for more spec details!
   
Recent: 03/23/2021 : Price Increase : <spantitle=$785,000-&gt$885,000>$785,000->$885,000</spantitle=$785,000-&gt$885,000>

8083 FARRANT Street, Commerce Twp 48382 Price: $950,000
$/SF: $401.69
MLS#: 2210013936 Residential Status: ACTV Summer Tx: $4,744
County: Oakland Stat Dt: 03/11/21 Winter Tx: $2,963
School Dist: Walled Lake Beds:
3 Baths: 3.0
Assoc Fee:
SubDiv: PENINSULAR PARK SUB – COMMERCE Sqft Abv: 2,365 Yr Built: 1945
MLS Area: 02171 – Commerce Twp Grg Size: 2 Car Basement: Yes
Architecture: 2 Story Water: Municipal Water
Style:  Colonial Heating: Forced Air
Acreage: 0.25 Sewer: Septic-Existing, Sewer at Street
Water Fac: Direct Water Frontage, Lake Front, Water Front
Lot Dimen: 51.00X200.00
Office: Real Estate One-Milford
ONE OF A KIND LAKEFRONT HOME! SHOWINGS BEGIN 3/11*Enjoy 465 acre All Sports Union Lake*Home is loaded w/upgrades*Luxurious lakeside master suite has it all*700 sq ft master suite has coffee/wet bar, gas fireplace, 2 person hot tub, lounge area & expanded balcony*Walk-in closet w/high-end shelving system*Bathroom has heated floors, double sink granite vanity & custom shower*Inviting entrance has quartz floor & stone accents*Open kitchen has stainless steel appliances, granite counters, island & breakfast bar*Dining area overlooks lake*Comfortable great room has natural fireplace w/granite hearth & lake views*You’ll appreciate the large second upper bedroom & the 10 x 7 closet w/shelving & desk area*Very functional first floor laundry w/cabinets & granite counter*Heated garage w/cabinets for storage*Professionally landscaped* Large deck has built-in hot tub & sound system*Lakeside paver patio & stone seawall*Z Wave smart home*Finished basement*Whole house generator*8 skylights.
   
Recent: 03/11/2021 : New : CS->ACTV

8091 LOCKLIN LN, Commerce Twp 48382 Price: $1,300,000
$/SF: $420.85
MLS#: 2200091662 Residential Status: ACTV Summer Tx: $6,788
County: Oakland Stat Dt: 11/05/20 Winter Tx: $2,680
School Dist: Walled Lake Beds:
3 Baths: 3.2
Assoc Fee:
SubDiv: UNION LAKE HIGHLANDS Sqft Abv: 3,089 Yr Built: 1960
MLS Area: 02171 – Commerce Twp Grg Size: 2.5 Car Basement: Yes
Architecture: 2 Story Water: Municipal Water
Style:  Other Heating: Forced Air
Acreage: 0.33 Sewer: Sewer-Sanitary
Water Fac: Lake Front, Water Front
Lot Dimen: 90x188x68x176
Office: Realfi
Truly amazing views on all sports Union Lake. Southern exposure with 90 feet of sandy waterfront. This spectacular remodelled Mediterranean home features 2 Master bedrooms (one on the main floor), Kitchen remodelled in 2018, 2 new Composite decks (one covered), walkout basement and laundry on both upper and lower levels. The Office has beautiful custom built-in cabinets next to a cozy family room. Plenty of gorgeous new tile from the entryway through to the Kitchen. This masterpiece also includes; whole house generator, central vacuum system, sprinkler system, walk-in closet, 3 fireplaces, and more.
   

1015 SHERBROOKE Street, Commerce Twp 48382 Price: $1,349,900
$/SF: $225.58
MLS#: 2200048209 Residential Status: ACTV Summer Tx: $9,077
County: Oakland Stat Dt: 06/26/20 Winter Tx: $3,907
School Dist: Walled Lake Beds:
6 Baths: 6.2
Assoc Fee:
SubDiv: FRANK S SALTER’S MOUNT ROYAL COUNTRY CLUB Sqft Abv: 5,984 Yr Built: 2001
MLS Area: 02171 – Commerce Twp Grg Size: 3 Car Basement: Yes
Architecture: 3 Story Water: Well-Existing
Style:  Contemporary Heating: Forced Air, Zoned
Acreage: 0.17 Sewer: Sewer-Sanitary
Water Fac: Lake Front
Lot Dimen: 72 X 117 X 77 X 126
Office: KW Showcase Realty
Magnificent, custom built, 3 story home located on private all-sports Commerce Lake! This 5,984 sqft exquisite home truly has all of the bells, whistles & its own commercial, lakeside glass “Otis” elevator! Plenty of room for family & friends with the 5 master suites, 6 bedrooms total & 8 fireplaces. Entertain easily w/ 2 full gourmet kitchens, entry level kitchen w/ an abundance of beautiful cherry wood cabinetry, gorgeous granite counter tops, 2 dishwashers, massive island & spectacular waterfront views. 2nd full size kitchen w/ immense amounts of cabinetry, granite counters & a full panoramic view of the lake. Brazilian cherry & hardwood floors throughout all 3 levels. Home is equipped w/ multiple laundry rooms, 4 furnaces, 3 a/c units, and a whole house generator. The 11×20 lakeside bonus room along with the 1,836 sqft utility basement & the 3 car garage provides ample room for all of your storage needs.
   

3091 RIDGEMONT Street, Commerce Twp 48382 Price: $1,490,000
$/SF: $387.01
MLS#: 2210008675 Residential Status: ACTV Summer Tx: $3,089
County: Oakland Stat Dt: 02/09/21 Winter Tx: $1,010
School Dist: Walled Lake Beds:
4 Baths: 3.1
Assoc Fee:
SubDiv: Sqft Abv: 3,850 Yr Built: 2021
MLS Area: 02171 – Commerce Twp Grg Size: 3 Car Basement: Yes
Architecture: 2 Story Water: Well-Existing
Style:  Contemporary Heating: ENERGY STAR® Qualified Furnace Equipment
Acreage: 0.64 Sewer: Sewer at Street
Water Fac: Lake Front
Lot Dimen: 60×450
Office: Luxury Living Real Estate
4 bed 3.5 bath custom smart home on private 292 acre all sports Commerce Lake w/ beautiful 3/4 acre lot. Southern exposure w/60 ft sandy bottom frontage. Private dead end st. 3850 sq ft boasts 12 ft walkout basement, 12 ft first floor and 10 ft second floor. 750 sq ft garage with 12 ft ceiling. Expansive lakeside great room w/ hardwood floors and linear fp offering breathtaking views. 22by20 master w/ custom br/ heated floors, fireplace, 8by16 closet and private 10by16 private w/o balcony. Custom b/r offering curbless shower, dual fixtures and rainfall heads. Gourmet kitchen w/ walk in pantry and huge island with awesome lake views. 12by10 first floor private office/den. 2nd floor laundry. 8ft solid core doors t/o. This one of a kind sits high atop the hill offering stunning views. Enjoy warm days on the water and evenings entertaining family and friends in this one of a kind custom home. No expense spared, builder thought of every upgrade. Still time to choose colors, flooring etc.
   

Feel free to call, text, or email me with questions about lakes or lake homes.  I am one of Metro Detroit realtors that really knows the lakes in Oakland, Wayne, and Livingston Counties.  My cell is (248) 310-6239 or email me at yesmyrealtor@gmail.com

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Oakland & Wayne County Real Estate Update 2/10/2021

Let’s talk about what is happening in our local real estate market in Southeastern Michigan.    I wanted to give you a quick Southeastern Michigan home update.   If you did not know….. the majority of Metro Detroit real estate is a seller’s market.  There are so homes currently for sale.  It is normal in Southeastern Michigan’s winter months for home inventory to be low.  There are several reasons for this.  Many  home sellers do not list until the weather is warming up and the sun is shining.  Seller also sometimes pull their homes off the market in the late fall and then put them back on in the spring.  More homes sell in the spring and summer months when it is warm outside and kids are out of school.

So right now Oakland County and Wayne County have very limited home inventory.  Add in the increased demand from buyers because of the low interest rates you have a red hot Metro Detroit home market.  The good and even decent houses are flying off the market due to the low interest rates and low housing inventory.  So what are the keys to getting a home?

1.)  First of all you need to get automatic updates of homes coming to the market from a realtor.

2.)  Second you need to look at these auto updates as soon as you can.  You can’t be looking every other day.  You must look at them every day.  In fact if you can get an alert or auto email as soon as they hit the market it will help.  If you look at the email you got 2 days ago you will probably find that the best homes are gone.

3.)  The third action you should be taking is calling me to go and see any home you like as soon as you get them.  Again if you are waiting a day or two to call me to see a home then you are going to miss out.

4.)  Last but not least don’t wait a day or two to put in an offer.  Take your time to think about it, but think quickly.  If you are a person that needs time to think long and hard about a purchase this year (2021) may be a tough year for you to buy.

So bottom line is look at your emails or search online every day.  Then get out and see them immediately.  A good realtor will get you out to see them.

Feel free to call, or text me to see any home in Oakland, Wayne, Livingston, Washtenaw, or Genessee County.  (248)310-6239

In my potential move to the Detroit area, Russ showed me all the neighborhoods that met my criteria in the couple of hours I had between the end of my meetings and catching my flight. He is incredibly knowledgeable about homes, schools, neighborhoods, cost of living, demographics, economic housing trends, and the intricacies of relocation. He is a consummate professional and very responsive, and his experience living and working in the area are invaluable for newcomers. He goes the extra mile and makes you feel at ease immediately. I can’t recommend him highly enough!  

 B Green

I will give you a quick look at homes for sale in Plymouth Michigan.  Here are the only homes for sale in the $200,000 – $400,000.

N of Main St and E of N Mill St 
291 E Liberty Street, Plymouth 48170 Price: $250,000
$/SF: $213.13
MLS#: 2200101264 Residential Status: ACTV DOM: N/51/51
County: Wayne Stat Dt: 12/21/20 Summer Tx: $3,941
School Dist: Plymouth Canton Beds:
2 Baths: 1.0
Winter Tx: $281
SubDiv: ASSR’S PLYMOUTH PLAT NO 15 Sqft Abv: 1,173 Assoc Fee:
MLS Area: 05013 – Plymouth Bsmt: Unfinished Yr Built: 1910
Arch Level: 2 Story Water: Municipal Water Grg Size: No Garage
Arch Style:  Colonial Heating: Forced Air
Acreage: 0.2 Sewer: Sewer at Street
Lot Dimen: 85.00X102.00
Office: Bittinger Team, REALTORS Agent: NOEL BITTINGER  
Office Ph: (734) 459-2600 Agent Ph: (734) 459-2600
Buyers and agents must wear masks during showings. Please call Noel Bittinger on (734) 255-0222 for any questions. Submit offers to noel@bittinger.com
   
Recent:

S of Ann Arbor Trail and W of Eckles Road 
39505 E ANN ARBOR Trail, Plymouth Twp 48170 Price: $299,900
$/SF: $91.54
MLS#: 2200086740 Residential Status: ACTV DOM: N/113/113
County: Wayne Stat Dt: 10/20/20 Summer Tx: $3,081
School Dist: Plymouth Canton Beds:
6 Baths: 3.0
Winter Tx: $1,229
SubDiv: Sqft Abv: 3,276 Assoc Fee:
MLS Area: 05012 – Plymouth Twp Bsmt: Unfinished Yr Built: 1843
Arch Level: 2 Story Water: Municipal Water Grg Size: No Garage
Arch Style:  Colonial, Farmhouse Heating: Forced Air
Acreage: 0.96 Sewer: Sewer-Sanitary
Lot Dimen: 179.10×259.40
Office: Real Estate One-Plymouth Agent: MARK C RIEGAL  
Office Ph: (734) 455-7000 Agent Ph: (734) 718-6176
Agents: currently offering CASH only, home is in very strong need of remodel, and or value is in the land. Also listed as vacant land: 2200086741
   
Recent:

N of Ann Arbor Trail and E of Haggerty Road 
11825 MORGAN Avenue, Plymouth Twp 48170 Price: $314,900
$/SF: $174.75
MLS#: 2200078034 Residential Status: ACTV DOM: N/53/53
County: Wayne Stat Dt: 02/06/21 Summer Tx: $1,345
School Dist: Plymouth Canton Beds:
5 Baths: 3.0
Winter Tx: $536
SubDiv: GEORGE H ROBINSON SUB Sqft Abv: 1,802 Assoc Fee:
MLS Area: 05012 – Plymouth Twp Bsmt: Partially Finished Yr Built: 1938
Arch Level: 2 Story Water: Municipal Water Grg Size: 2 Car
Arch Style:  Bungalow, Colonial Heating: Forced Air
Acreage: 0.16 Sewer: Sewer-Sanitary
Lot Dimen: 50×135
Office: Van Esley Real Estate Inc Agent: DAVID D MISKO  
Office Ph: (734) 459-7570 Agent Ph: (734) 459-7570
The refrigerator in the basement is not included. The lockbox is on the gate in the driveway. The key is for the front door.
   
Recent:

S of ANN ARBOR TRL and W of HAGGERTY 
11287 GOLD ARBOR Road, Plymouth Twp 48170 Price: $319,900
$/SF: $278.17
MLS#: 2210008019 Residential Status: ACTV DOM: Y/9/9
County: Wayne Stat Dt: 02/05/21 Summer Tx: $1,699
School Dist: Plymouth Canton Beds:
3 Baths: 2.1
Winter Tx: $664
SubDiv: TOMLINSON ESTATES SUB Sqft Abv: 1,150 Assoc Fee:
MLS Area: 05012 – Plymouth Twp Bsmt: Finished Yr Built: 1959
Arch Level: 1 Story Water: Municipal Water Grg Size: 2 Car
Arch Style:  Ranch Heating: Forced Air
Acreage: 0.5 Sewer: Sewer-Sanitary
Lot Dimen: 100.00X216.00X100X216
Office: Keller Williams Advantage Agent: JOHN GITRE  
Office Ph: (248) 380-8800 Agent Ph: (248) 567-3895
Please adhere to MAR and GMARs Covid showing rules. Shoe covers, gloves, and wipes are provided on site for everyone’s safety. Due to the real hardwood floors throughout the first floor, seller respectively asks that care be taken. This is a go & show property for your convenience.
   
Recent: 02/05/2021 : NEW

S of Ann Arbor Trail and E of Mill/Lilley
188 Ann Arbor TRL, Plymouth 48170 Price: $349,900
$/SF: $190.58
MLS#: 2200092941 Residential Status: ACTV DOM: N/93/93
County: Wayne Stat Dt: 11/11/20 Summer Tx: $6,967
School Dist: Plymouth Canton Beds:
3 Baths: 2.0
Winter Tx: $497
SubDiv: Assr’s Plymouth Plat No 24 Sqft Abv: 1,836 Assoc Fee:
MLS Area: 05013 – Plymouth Bsmt: Unfinished Yr Built: 2005
Arch Level: 1 Story Water: Municipal Water Grg Size: 2.5 Car
Arch Style:  Modular Home, Ranch Heating: Forced Air
Acreage: 0.19 Sewer: Sewer-Sanitary
Lot Dimen: 60 x 138 x 60 X 138
Office: Coldwell Banker Weir Manuel-Northville Agent: RICHARD CHILDS  
Office Ph: (248) 347-3050 Agent Ph: (248) 347-3050
3 BDRM 2 FULL BTH PLYMOUTH RANCH W/FULL BASMNT & 2 1/2 CAR GARAGE ON A DEEP LOT. WALKING DISTANCE TO DOWNTOWN PLYMOUTH. BREAKFAST ROOM WITH A BOW WINDOW & DOORWALL ONTO PORCH. SPACIOUS LIVING ROOM & FORMAL DINING ROOM. MASTER SUITE FEATURES A SOAKING TUB & SEPARATE SHOWER PLUS LA SPACIOUS WALK IN CLOSET. NEUTRAL DECOR. MOVE IN CONDITION. NEW CARPETING THROUGHOUT. 6″ WALLS AND HI EFFICIENCY WINDOWS FOR LOW ENERGY BILLS. PLYMOUTH CANTON SCHOOLS. MAINTENANCE FREE EXTERIOR. OFF STREET PARKING FOR AT LEAST 6 CARS IN THE DRIVEWAY, PLUS THE 2 IN THE GARAGE. 1 YEAR OLD STAINLESS KITCHEN APPLIANCES. HUGE UNFINISHED BASEMENT WITH A TALL CEILING HEIGHT , OFFERS UNLIMITED POSSIBILITIES.
   

S of Northville/Wilcox and W of Hines Drive 
1101 N MILL Street, Plymouth 48170 Price: $399,000
$/SF: $822.68
MLS#: 219045040 Residential Status: ACTV DOM: N/623/623
County: Wayne Stat Dt: 06/03/19 Summer Tx: $2,382
School Dist: Plymouth Canton Beds:
1 Baths: 1.0
Winter Tx: $175
SubDiv: ASSR’S PLYMOUTH PLAT NO 17 Sqft Abv: 485 Assoc Fee:
MLS Area: 05013 – Plymouth Bsmt: No Yr Built: 1947
Arch Level: 1 Story Water: Municipal Water Grg Size: No Garage
Arch Style:  Cape Cod, Ranch Heating: Forced Air
Acreage: 0.39 Sewer: Sewer-Sanitary
Lot Dimen: 187.5 X 192.95
Office: Hub LLC Agent: JOSHUA LAY  
Office Ph: (734) 667-1481 Agent Ph: (734) 667-1481
This listing includes: 1101 N. Mill (parcel #002-01-0574-001) and 1103 N. Mill (parcel #002-01-0574-002). These homes are currently tenant occupied and will not be available for a visual inspection until after a fully executed contract. Buyer to assuming existing leasehold interest applicable at time of sale. BATVAI. Adjacent parcels listed for sale: 1100 Starkweather

I hope this Metro Detroit real estate update was helpful to you.  If you are looking for a full time experience realtor that has excellent reviews give me a call or text at (248) 310-6239.

Russ was a fantastic realtor. After meeting Russ on the lake he helped me buy and sell two homes. I was going to list my home in Waterford so I called Russ over. I asked what I should do at the lowest cost, and the easiest way to get top dollar. The house looked great after I did everything. The house sold quickly and I got asking price. Once the Waterford home was under contract Russ called me when he saw lakefront homes that he thought we would like.  After a few showings we found our Dream home!  Its very impressive to find an agent today that doesn’t just send links and hope you call them.  He didn’t rush me or push me to by a house.    Now we have a lake home with a big lot, great view, with lots of storage. 

                                                                  BA

Remember we also give great home buyer gifts

Get something extra when you buy a home with Russ

 

 

 

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Metro Detroit real estate for under $300,000 homes Nov 2020

There have been many changes in real estate with the coronavirus.  The uncertainty of Covid has driven interest rates down.  However home prices have continued to trend up just like they have since 2010.  It’s still a good time to sell and I believe that there may be some changes in the next year for the higher price ranges.  This is my professional opinion of what is going to happen in the real estate market in the next year for the price range of $300,000 and below homes. This category is what I would call the first time home buyer market, down sizers market, or the lower range market.

Relax in the gazebo

Here is my prediction…..THE LOWER RANGE HOMES ARE GOING TO CONTINUE TO BE A SELLER’S MARKET.
 
Here are my reasons why it will continue to be so for many years.
 
1.) People are living longer in a home. The pre 2000 days are gone. People used to buy a new house every 7 years on the average back then . Since the mortgage meltdown that is no longer the case. People are buying a home and it is their forever home. It is not unusual to see people stay in their homes 15, 20, or more years. They are no longer willing to take a gamble by buying a bigger home and being able to cash out with a huge profit.
 
2.) Older people 50+ are more apt to buy in that price range when downsizing. There are many ranches in that price range so older people that want a one floor house are going to be in that $100-$300,000 price range. So there is more competition that is not going to let up with all the baby boomers retiring in the years to come.
 
3.) Foreclosures……yes there may be some foreclosures coming in the upcoming year but it is not going to be like 2007 -2011. There are going to be much fewer foreclosures because the banks were stricter writing the loan. People weren’t able to buy a house with no money down (unless it was a VA loan). Tougher guidelines, and the requirement to have a down payment will keep many home owners in their homes. So you are not going to see tons of homes going into foreclosure.
 
3.) They are no longer building new homes and selling them less than $300,000. Land is too expensive to build a small house and sell it for less than $300,000. Most new homes start in the $400,000 range. You are no longer going to see a builder build a sub of $200,000 ranch or bungalow homes. It is no longer profitable for builders to do so. The bottom line is that the number of low priced homes is not going to change.

Welcome home

We have a limited number of homes in the under $300,000 price range and that is not going to change. The demand is always going to be high but there is no new supply. There will continue to be a sellers market for lower priced homes. The key is to not over pay. Be smart and don’t go crazy when bidding on a home. If you want a good full time experienced realtor that will give you honest answers and help guide you through the home buying process feel free to call or text me anytime.
 
Russ Ravary Your Metro Detroit realtor
 
(248)310-6239
 
Here are a couple of more selling tips for you to read over Home Selling 5 Tips – Redford Homes and Selling your Home – 4 Tips -West Bloomfield Property
Here is my positive thought for the day

Not to start on a morbid note, but you woke up this morning. Some people didn’t. Don’t think of it is as a depressing morality tale, just use it to remember that you’ve won the greatest gift life has to offer – you’re alive.

It’s so easy to dwell on the negative aspects of our lives, but we always seem to miss the most obvious positive thing we have – life itself. Take a deep breath, look outside your window, and marvel at the world around you.

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Explanation of Comparables

When you put in an offer on a house you should look at the comparables. What is an agent referring to when they talk about getting the comparables or comps? Here is an explanation as to what compables are for your next home:

What are “comps”? Comps is short for comparables. Your realtor should pull the latest homes that have sold in the last 6 months which are similar in size and condition to the home you are looking to purchase. The comparables should be close to the home you want to put an offer in on.. Homes that are in the same subdivision or on the same lake are the best comparables. The further you go away from the house the less reliable they are. Appraiser will use the sold house comparables that are closest to the subject house you are buying. Your agent should do the same thing.

Anybody can usually find a comp to support the price of the home. But that is not what you are trying to do. You are trying to compare the house you want to recent sold homes nearby that are similar in style and shape.

Read them over and see what they are sold for and what type of condition the home was in. This is to give you an idea of what the house you are looking at is worth. That way, you can decide for yourself how similar they really are.

Do you want a house with a pool?

Sometimes what you think the house is worth and what I think the house is worth are different. Sometimes buyers automatically go to the low side of the comps. Unfortunately in this hot sellers market, many homes are being priced on the high end of the scale and they are selling in the higher range.

The biggest issue I see with buyers looking at comps is that they discount the size of the house or the condition of the home. It is very important to compare apples to apples. Condition and updates of the house is very important. You can’t take a home that you are looking at in excellent condition and compare it to a home that needs a lot of work. Let’s say a house that needed a kitchen upgrade and new carpet sold for $300,000. You can’t bid $300,000 on the house that is listed at $335,000 and has an updated kitchen and flooring. You won’t get the house. You are not making a sound comparison. A new kitchen would cost you $30,000- $60,000 to put in. Plus carpeting is probably going to cost you $10,000. So just because the un-updated house sold for $300,000 and was the same size doesn’t make your house you like worth the same. It is worth $40,000 due to the upgrades. In this case the comparable supports the $335,000 price. Some buyers get blinded by the low price and think they can steal the other house. Unfortunately the buyer that bids low based on that information won’t get the house. You have to be realistic. You can’t take that home comparable and then compare to the excellent house you are buying and then decide only to pay the lower house price based on the house that needs a lot of work.

You are not going to win the house or bid if there are multiple offer situations. The seller is going to look at your offer as if you are crazy. Condition matters. Then the next biggest mistake buyers make is they don’t take into account the size.  Let’s say that $300,000 home is in the same condition as the $335,000 home but it is 300 square foot smaller. The $300,000 home is 2000 square foot which works out to a sales price of $150 a square foot. So if you multiple $150 a square foot sale price by 2300 square foot house you get a price of $245,000. That supports the list price of $235,000. If all other things were similar the price per square foot would support the purchase price. In fact you are getting it at a little deal.

Or like a home with a beautiful bathroom

Many times buyers don’t take the condition or price per square foot into account. You have to if you truly want the truth and right offer price. I want you to get the home you like at a good price but you have to be realistic. Over the years I have dealt with buyers that are unrealistic about comparables. They end up low balling the offer and the offer gets rejected. Many times the buyer loses house after house. Then they switch realtors because they blame it on the realtor instead taking the blame themselves for losing the houses. I have seen buyers never get a home because the housing prices rise and the buyer can no longer afford the size of the house they want. All because they ignored the comps and their realtors advice.

Comparables are important. Even if the comps say it should be lower, it may sell at the list price or higher. It all depends on the buyers and if they feel it is worth it. You may not think it is worth it, but the next buyer might pay the price. So the option of sitting back and waiting for the price to drop may not work.

Like all negotiations the more money you offer, the more likely the seller will accept. But the bottom line is you decide what to offer. I will put in any offer you want, but in this sellers market, if the house is in good condition to excellent condition you want to be within 5% of the list price. Sometime you have to offer higher than list price to get the home.

Comparables are the basis on what to offer on a home. I hope this explains what “comps” and “comparables” are and how you should use them. I hope your home buying experience goes smoothly.  Feel free to call me to get started finding your next home. My cell is 248.310.6239. Remember we offer a great home buyers bonus too!

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Milford real estate update

Milford real estate is still going but it shows signs of slowing down.  Currently there are 48 homes and condos for sale in Milford Michigan.

Here is the latest list of 3 homes that sold in Milford Michigan in the last 7 days.

1.) Out of the three 2 sold at or above list price, but not by more than 1% higher than list price

2.) 1 of them sold within 98.1% of list price

 

759 SWEETBRIAR, Milford Vlg 48381 Price: $195,000
$/SF: $193.84
MLS#: 2200082987 Residential Status: SOLD Summer Tx: $2,434
County: Oakland Stat Dt: 11/16/20 Winter Tx: $687
School Dist: Huron Valley Beds:
3 Baths: 1.0
Assoc Fee:
SubDiv: FAIRVIEW HILLS SUB Sqft Abv: 1,006 Yr Built: 1957
MLS Area: 02162 – Milford Vlg Grg Size: 2 Car Basement: Yes
Architecture: 1 Story Water: Municipal Water
Style:  Ranch Heating: Forced Air
Acreage: 0.19 Sewer: Sewer-Sanitary
Lot Dimen: 66.00X41.50
Office: Remerica United Realty
**MULTPLE OFFERS** PRESENTING ALL OFFERS AT 7PM MONDAY 10/12*** A wonderful marriage takes this happy groom to the next step of his journey, but he leaves memories to last a lifetime in his first home in Michigan! He chose this home due to its terrific, bright, and open floor plan with large windows and vaulted ceilings, situated on a lovely treed lot with a private yard–great for everyday living and entertaining—on a pretty, tree-lined street that it is barely more than a half mile—with sidewalks all the way—from the great restaurants, shops, parks, craft fairs, and fun that downtown Milford offers! The gleaming, newly refinished hardwood floors welcome you to this delightful ranch where the full basement provides abundant storage and is waiting for your finishing touches, while the garage accommodates two cars and plenty of room for the extras! This is a MUST SEE since nowhere in the Village can you find three bedrooms, a basement, and garage that is priced to sell yesterday!
   
Recent: 11/16/2020 : Sold : PEND->SOLD
 

299 CRYSTAL Street, Milford Vlg 48381 Price: $320,000
$/SF: $139.62
MLS#: 2200076848 Residential Status: SOLD Summer Tx: $3,707
County: Oakland Stat Dt: 11/12/20 Winter Tx: $1,060
School Dist: Huron Valley Beds:
3 Baths: 2.0
Assoc Fee:
SubDiv: ORVIS SUB Sqft Abv: 2,292 Yr Built: 1975
MLS Area: 02162 – Milford Vlg Grg Size: 2 Car Basement: Yes
Architecture: 2 Story Water: Municipal Water
Style:  Contemporary Heating: Forced Air
Acreage: 0.2 Sewer: Sewer-Sanitary
Lot Dimen: 66.00X44.00
Office: KW Metro
Beautiful Milford Village. UPDATES GALORE. Walk in to the spacious living area leading to the dining room/breakfast area with a door wall to the NEW Trex multi level deck overlooking the vinyl fenced (2017) backyard oasis, main level boasts hardwood floors throughout. Interior offers 3 bedrooms, 2 full baths, 1st floor laundry. Kitchen updated with Quartz counters in 2018. Second floor bath NEW in 2019, NEW windows including doorwall 2014, attic insulation 2017 and NEW electrical panel 2015. The exposed brick walled basement with a full wet bar & natural wood fireplace walks out to a lower level patio, enjoy the hot tub, installed 2015. Home has incredible storage. Enjoy all that downtown Milford has to offer and canoe the Huron river, all within walking distance. Bike to either Kensington Metro Park or Proud Lake Recreational area Motivated Seller
   
Recent: 11/12/2020 : Sold : PEND->SOLD
730 UNION Street, Milford Vlg 48381 Price: $510,000
$/SF: $236.55
MLS#: 2200079290 Residential Status: SOLD Summer Tx: $6,501
County: Oakland Stat Dt: 11/13/20 Winter Tx: $1,835
School Dist: Huron Valley Beds:
3 Baths: 2.1
Assoc Fee:
SubDiv: UNION SQUARE OCCPN 2131 Sqft Abv: 2,156 Yr Built: 2017
MLS Area: 02162 – Milford Vlg Grg Size: 2 Car Basement: Yes
Architecture: 1 1/2 Story Water: Municipal Water
Style:  Cape Cod Heating: Forced Air
Acreage: 0.15 Sewer: Sewer-Sanitary
Lot Dimen: 48 X 133 X 48 X 133
Office: KW Showcase Realty
MILFORD VILLAGE NEWER CONSTRUCTION, 1ST FLOOR MASTER! HURON VALLEY SCHOOLS. Master en-suite is filled with natural light, spacious walk-in shower, separate water closet in a spa like master bath. Open concept throughout the rest of the first floor, Great Room has a gas fireplace to cozy up to and this amazing kitchen – Granite, white subway backsplash, stainless sink, convection electric oven, gas cooktop, vented range hood, upgraded solid cabinetry with soft close dovetail drawers, 42″ upper cabinets, bottom and top cabinets have slide out drawers. Central Cleaning System. Custom Shutters in the Living Room and Master Bedroom. The garage has TV hook up w/epoxy flooring. Extra long driveway & stamped concrete patio. Alarm system w/home control. Unfinished basement has 9′ ceilings, 3-piece bath rough-in, and extra below-grade moisture protection insulation. Entire home painted April, 2020. Walk to all Milford offers:dining, shopping, walk/bike trail and free summer concerts in the park.
Recent: 11/13/2020 : Sold : PEND->SOLD

How to sell your home for more money

Whether you are thinking of buying or selling in Milford Michigan we can help make your move easier.  Plus you will like these 3 facts.

1.)  We offer lower commissions for home sellers

2.)  We support the Michigan Home Town Heroes program that helps first responders (police, fire, ems), veterans, active military, teachers, professors, doctors, dentists, and nurses.  Go to the website to learn more.

3.)  We have the best homebuyers gift around.  You get up to a $500 gift when you close with Russ as your buyers agent.  We have given away thousands of dollars of gifts.  Do you want to walk away from $500?

Not only are those 3 great reasons to hire Russ but there is more.   He is a full time experienced realtor that listens to his clients.  Call today at (248) 310-6239

 

 

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Metro Detroit real estate update

I wanted to show people that real estate in Metro Detroit is going strong.  The majority of homes sold in many cities are selling at or above list price.  Many of them 1-2% above list.  If you are thinking of selling it is a great time to sell because of the low interest rates and low inventory.  If you are smart and price it right you should get a price that is at the top of the market.  Of course I mean you will get top price if the home is updated and in move in ready condition.  Homes that are worn, need carpet, or touch up painting are not going to get top dollar.  Todays buyers want move in ready homes and will skip over average homes.

Penn Theatre Plymouth MI

PLYMOUTH REAL ESTATE UPDATE

Here are the 10 homes that sold in Plymouth in the last 7 days.
1.) Out of the ten 5 sold at or above list price, but not by more than 2 1/2% higher than list price
2.) 4 of them sold within 4% of list price
3.) The lowest price home sold for 9% below

 

 

 

WEST BLOOMFIELD REAL ESTATE UPDATE
Here are the 11 homes that sold in West Bloomfield in the last 7 days.

1.) Out of the ten 5 sold at or above list price, but not by more than 1 % higher than list price

2.) 5 of them sold within 5% of list price

3.) The lowest price home sold for 6% below list

BLOOMFIELD TOWNSHIP REAL ESTATE UPDATE 

Here are the 12 homes that sold in Bloomfield Hills & Bloomfield Township in the last 7 days.

1.) Out of the twelve only 2 sold at or above list price, but not by more than 1% higher than list price

2.) 4 of them sold within 5% of list price

3.) The lowest price home sold for 11% below list. 4 of them sold close to 10% less than list price

WHITE LAKE REAL ESTATE UPDATE 

Here are the 8 homes that sold in White Lake in the last 7 days.

1.) Out of the eight homes 6 sold at or above list price, but not by more than 2 1/2% higher than list price.

2.) 1 of them sold within 6% of list price

3.) The lowest price home sold for 11% below list

 

So bottom line homes are still selling strong in Metro Detroit. If you are thinking of listing give me a call at 248-310-6239.  We get them sold!

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Cass Lake homes for sale Fall 2020

Cass Lake is the biggest lake and Oakland County.  Many buyers love homes on Cass Lake.  Here is the latest list of waterfront homes for sale on Cass Lake in October 2020.

1400 BAMFORD Drive, Waterford Twp 48328 Price: $269,900
$/SF: $207.62
MLS#: 2200088777 Residential Status: ACTV Summer Tx: $3,028
County: Oakland Stat Dt: 10/26/20 Winter Tx: $1,227
School Dist: Waterford Beds:
2 Baths: 1.1
Assoc Fee:
SubDiv: VENICE OF THE LAKES – WATERFORD TWP Sqft Abv: 1,300 Yr Built: 1940
MLS Area: 02131 – Waterford Twp Grg Size: 2.5 Car Basement: No
Architecture: 1 Story Water: Municipal Water
Style:  Ranch Heating: Forced Air
Acreage: 0.19 Sewer: Sewer-Sanitary
Water Fac: Canal Access, Canal Front, Lake Privileges, Private Water Frontage, Lake/River Priv
Lot Dimen: 40×100
Office: Brookstone, Realtors LLC
2 BEDROOMS UPDATED RANCH W/2 CAR ATTACHED GARAGE. FULLY FURNISHED, CURRENTLY RENTED AS AN AIRBNB. LRG CORNER LOT WITH ROOM TO EXPAND OR TEAR DOWN ON LRG WIDE CANAL THAT LEADS TO THE MAIN BODY OF CASS LAKE WITH JUST A 3 MINUTE BOAT RIDE. 88 FT OF FRONTAGE ON CANAL. LRG LIVING RM, CATHEDRAL CEILINGS W/SKYLIGHTS. HOME JUST NEEDS A PAINT JOB. LOTS OF UPDATES THROUGHOUT SUCH AS BRAND NEW JACUZZI JET TUB, NEW FURNACE,ELECTRIC UPGRADE TO 100 AMP SERVICE, NEW HOT H2O TANK AND PLUMBING. BOAT DOCK IN YARD THAT’S LONG ENOUGH TO HOLD A PONTOON, SPEED BOAT AND A COUPLE OF JET SKIES. ENJOY SUMMER FROM OWN BACKYARD ON THE DECK OR AT THE CASS LAKE SANDBAR. CASS LAKE FEATURES 1300 TOTAL ACRE ON ALL SPORTS LAKE. THERE IS PLENTY OF ROOM FOR EXPANSION. THE LOT SIZE IS AS FOLLOWS 88 FT. AT THE STREET, 64 FT. ON THE CANAL FRONT REAR, 96 FT. ON THE NEIGHBOR SIDE AND 100 FT. ON THE STREET CORNER WIDTH. PERFECT ALSO FOR A NEW CONSTRUCTION . THIS IS A LARGER LOT FOR A LAKE HOUSE. LAND ALONE IS WORTH THE MONEY
   
Recent: 10/26/2020 : New : ->ACTV

Let’s find your dream home!

 

3206 Bulwer Street, Keego Harbor 48320 Price: $519,000
$/SF: $261.46
MLS#: 2200056472 Residential Status: ACTV Summer Tx: $4,071
County: Oakland Stat Dt: 07/27/20 Winter Tx: $55
School Dist: West Bloomfield Beds:
3 Baths: 2.1
Assoc Fee:
SubDiv: SAWYERS KEEGO HARBOR SUB Sqft Abv: 1,985 Yr Built: 1920
MLS Area: 02182 – Keego Harbor Grg Size: No Garage Basement: No
Architecture: 2 Story Water: Municipal Water
Style:  Cape Cod Heating: Forced Air
Acreage: 0.09 Sewer: Sewer-Sanitary
Water Fac: Canal Front
Lot Dimen: 102X70x102x55
Office: Max Broock, REALTORS®-Birmingham
Rare waterfront opportunity on Cass Lake w/100’+ of canal front! Story book charm w/rustic modern interior 2 homes from the main lake. Sale includes additional lot offering unlimited possibilities to expand. Open & bright floor plan featuring water views, hardwood floors throughout, custom light fixtures, whitewashed beams & timber. Updated island kitchen w/granite, marble, & concrete & new SS appliances. Dining room w/french doors opening to patio perfect for lakeside entertaining. Family room w/planked hardwood floors & large bay window overlooking canal. 1st floor powder room & laundry. 2nd story offers vaulted ceilings, water views & beautiful hardwood floors. Master suite w/ample closets & unique double doors leading to tile bath w/large walk-in shower. Oversized 2nd bedroom w/ dormers, separate sitting area & loads of closet space. 3rd bedroom w/lake views. Updated guest bath w/pedestal sink. Private oasis w/mature landscape, boardwalk, fire pit & fenced yard. New HVAC & roof.
   
 

1875 WINDSIDE Drive, West Bloomfield Twp 48324 Price: $539,000
$/SF: $196.86
MLS#: 2200068753 Residential Status: ACTV Summer Tx: $9,163
County: Oakland Stat Dt: 08/29/20 Winter Tx: $3,113
School Dist: West Bloomfield Beds:
4 Baths: 3.0
Assoc Fee:
SubDiv: ZOX LAKESIDE PARK SUB Sqft Abv: 2,738 Yr Built: 1952
MLS Area: 02181 – West Bloomfield Twp Grg Size: 1 Car Basement: No
Architecture: 1 1/2 Story Water: Municipal Water
Style:  Colonial Heating: Forced Air
Acreage: 0.23 Sewer: Sewer-Sanitary
Water Fac: Across the Road Water Frontage, Canal Front, Direct Water Frontage, Lake Front, Private Water Frontage, Water Front
Lot Dimen: 74.00X131.00
Office: Level Plus Realty
Come and see the beautiful Views on this Cass Lake Front Home! Renovated in 2005, this home features over 2700 Square Feet of Living Space, 4 bedrooms, Hardwood floors, Screed Gazebo, and a 1 Car attached Garage. Wake up in the Large Master suite with cathedral ceilings as well as a balcony with wonderful lake views. The lot features water on both ends with 137 feet of direct lake access in the back and canal frontage from the front for additional boat docking! lot shares a coastline with other Multi-Million Dollar properties, move right in or build your dream lake home. West Bloomfield Schools!
   

Let’s pack up the boat and get out on the lake!

 

3408 ERIE Drive, Orchard Lake Village 48324 Price: $1,375,000
$/SF: $514.79
MLS#: 2200068245 Residential Status: ACTV Summer Tx: $10,934
County: Oakland Stat Dt: 09/08/20 Winter Tx: $324
School Dist: West Bloomfield Beds:
3 Baths: 4.1
Assoc Fee:
SubDiv: ASSR’S PLAT OF HARBOR HILLS Sqft Abv: 2,671 Yr Built: 1955
MLS Area: 02184 – Orchard Lake Grg Size: 3.5 Car Basement: Yes
Architecture: 1 Story Water: Municipal Water
Style:  Ranch Heating: Forced Air
Acreage: 0.53 Sewer: Sewer-Sanitary
Water Fac: Beach Access, Direct Water Frontage, Lake Front, Lake Privileges, Shared Water Frontage, Lake/River Priv
Lot Dimen: 97.00X236.00
Office: Coldwell Banker Weir Manuel-Commerce
Don’t miss the rare opportunity to own a custom designed Cass Lake ranch style home situated on over a half acre lot at the end of a private lagoon on the south shore and facing North/East. Step into the lifestyle of Harbor Hills Private lake community with access to a private bay(with a beach)and boat dock on the lake in front of your home. You won’t believe the expansive 32 foot back terrace(with retractable screen)spanning across the back of home offering a great place for outdoor enjoyment. Beautifully appointed cooks kitchen has tall ceilings and breakfast nook with built in cabinets. High ceiling great room has views over porch out to the expansive lawn and water. Wonderful first floor plan offers a first floor Master suite which faces the water and offers a beautiful luxury bath with oversized walk in shower. The first floor also offers an in-law suite addition(with spectacular view of the lake).All bedrooms have a access to private bath. Lower Level has pub/rec-room/office.
   
 

2690 Lari Court, West Bloomfield Twp 48324 Price: $1,500,000
$/SF: $422.18
MLS#: 2200075710 Residential Status: ACTV Summer Tx: $9,366
County: Oakland Stat Dt: 09/28/20 Winter Tx: $5,007
School Dist: West Bloomfield Beds:
3 Baths: 3.0
Assoc Fee:
SubDiv: Cass Lake Woods Sub Sqft Abv: 3,553 Yr Built: 1975
MLS Area: 02193 – Bloomfield Twp Grg Size: 3 Car Basement: No
Architecture: 2 Story Water: Municipal Water
Style:  Contemporary Heating: Forced Air
Acreage: 0.92 Sewer: Sewer-Sanitary
Water Fac: Direct Water Frontage, Lake Front, Water Front
Lot Dimen: 133x420x75x376
Office: Century 21 Town& Country Clar
This unique West Bloomfield lakefront retreat offers serenity with spectacular sunset views. Almost 1 acre with 133 feet of sandy Cass Lake shoreline, the property is surrounded by mature trees and landscaping. It is situated in Cass Lake Woods, a great lakeside neighborhood, where multimillion-dollars homes line the shores. The 3500sf home is custom designed with an open floor plan with great vistas from every room. The spacious master bath includes a 4-person sauna. The view from the massive deck looks out to a lakeside gazebo and permanent year-round dock. The roof is guaranteed for life, and both furnaces are new. The entire property was designed with a balance of nature, seclusion, and a lakeside retreat in mind. Make your appointment today, to experience this unique lakefront property for yourself.
   

Cass Lake properties Waterford MI

 

4659 LINWOOD Street, West Bloomfield Twp 48324 Price: $1,500,000
$/SF: $306.56
MLS#: 2200044822 Residential Status: ACTV Summer Tx: $16,940
County: Oakland Stat Dt: 06/22/20 Winter Tx: $5,855
School Dist: West Bloomfield Beds:
4 Baths: 6.1
Assoc Fee:
SubDiv: ZOX LAKESIDE PARK SUB Sqft Abv: 4,893 Yr Built: 1999
MLS Area: 02181 – West Bloomfield Twp Grg Size: 3 Car Basement: No
Architecture: 3 Story Water: Community
Style:  Colonial Heating: Forced Air
Acreage: 0.32 Sewer: Sewer-Sanitary
Water Fac: Direct Water Frontage, Lake Front, Lake Privileges, Water Front, Lake/River Priv
Lot Dimen: 101.00X166.00
Office: Berkshire Hathaway HomeServices HWWB
Enjoy your Michigan summer on this beautiful Cass Lake frontage! Convenient elevator for anyone looking for a first floor master. Great kitchen with breakfast nook, 4 ovens, stainless steel appliances, pantry, and two islands. Dining room & great room have hardwood flooring throughout and many windows with great views of the lake. Library/Bar is perfect for entertaining. HUGE master bedroom with TWO full baths (one with accessible bathtub) & walk-in closet. 3 additional bedrooms each have their own full bath, one with kitchenette. Large third level is perfect for a second living space, complete with wet bar & full bath. 3 car attached garage, elevator, stairs or ramp to front door, & mudroom. Don’t miss lake living at its best! Enjoy grilling on the brick paver patio, relaxing in the gazebo, or taking your boat out on this all sports lake!
   
 

2493 DOLEMAN Drive, West Bloomfield Twp 48324 Price: $1,650,000
$/SF: $358.62
MLS#: 2200056159 Residential Status: ACTV Summer Tx: $14,832
County: Oakland Stat Dt: 08/24/20 Winter Tx: $7,897
School Dist: West Bloomfield Beds:
4 Baths: 5.1
Assoc Fee:
SubDiv: HERNDON’S CASS LAKE ESTATES Sqft Abv: 4,601 Yr Built: 1994
MLS Area: 02181 – West Bloomfield Twp Grg Size: 6 or More Basement: Yes
Architecture: 2 Story Water: Well-Existing
Style:  Colonial Heating: Forced Air
Acreage: 0.39 Sewer: Sewer-Sanitary
Water Fac: Lake Front, Water Front
Lot Dimen: 83x127x119x143
Office: Sterling Realty Solutions
Cass lakefront mansion with impeccable quality of construction and room for the whole family.one of a kind quality and attention to detail with extensive ornamentation and moldings.2 kitchens,2 great rooms,!st floor master suite. 4 bedrooms , 3 of which are master suites….5 full baths …a gym the size of planet fitness !all rooms have view of the lake but most importantly a park view across the lake.3 car attached garage and the equal of the 3 car below! whole house generator…this house is one in a million!
   
 

1800 CASS LAKE FRONT Road, Keego Harbor 48320 Price: $1,699,000
$/SF: $387.99
MLS#: 2200019633 Residential Status: ACTV Summer Tx:
County: Oakland Stat Dt: 03/11/20 Winter Tx:
School Dist: West Bloomfield Beds:
5 Baths: 5.1
Assoc Fee:
SubDiv: CASS LAKE CAMP GROUNDS Sqft Abv: 4,379 Yr Built: 2021
MLS Area: 02182 – Keego Harbor Grg Size: 2.5 Car Basement: Yes
Architecture: 3 Story Water: Municipal Water
Style:  Colonial Heating: Forced Air, Zoned
Acreage: 0.22 Sewer: Sewer-Sanitary
Water Fac: Lake Front, Water Front
Lot Dimen: 40 X 230
Office: Coldwell Banker Weir Manuel-Bir
***TO BE BUILT*** GORGEOUS THREE STORY LUXURY LAKEFRONT HOME WITH FINISHED WALK OUT BASEMENT – 5 1/2 BATHS – OVERSIZED ATTACHED GARAGE – TWO FIREPLACES – LIBRARY – GREAT ROOM – LUXURY APPOINTMENTS: WIDE PLANK WOOD FLOORING ON FIRST FLOOR, GRANITE & QUARTZITE COUNTERS IN ALL BATHS & KITCHEN – SUPERIOR LOCATION ON THE CASS LAKE SANDBAR W/GORGEOUS SUNSET VIEWS – WEST BLOOMFIELD SCHOOLS – STONE & HARDY PLANK EXTERIOR – FINISHED WALKOUT W/BAR, REC ROOM, FULL BATH, EXERCISE ROOM, FIREPLACE AND STORAGE ROOM – THIS IS A CASS LAKE DREAM HOME – COMPLETION IS EXPECTED IN LATE 2021 – THERE ARE TWO LOTS SIDE BY SIDE, PROPERTY SPLIT JUST APPROVED, THIS LOT IS EXTRA DEEP – LOT 5 (BESIDE THIS ONE) IS ALREADY PRE-SOLD – BLUEPRINTS AND SURVEY OF HOME (LOT 4) ARE AVAILABLE FOR REVIEW, ALSO ATTACHED IN ONLINE DOCUMENTS IN REALCOMP – BEAUTIFUL LOT AND LAYOUT – ANOTHER QUALITY HOME BEING BUILT BY: BABI CONSTRUCTION, INC.
   
 

4810 MANDALE Court, West Bloomfield Twp 48324 Price: $1,899,000
$/SF: $470.05
MLS#: 2200064371 Residential Status: ACTV Summer Tx: $10,614
County: Oakland Stat Dt: 08/11/20 Winter Tx: $5,563
School Dist: West Bloomfield Beds:
4 Baths: 3.1
Assoc Fee:
SubDiv: MANDALE TERRACE Sqft Abv: 4,040 Yr Built: 1979
MLS Area: 02181 – West Bloomfield Twp Grg Size: 2 Car Basement: Yes
Architecture: 3 Story Water: Municipal Water
Style:  Other Heating: Forced Air, Zoned
Acreage: 0.67 Sewer: Sewer-Sanitary
Water Fac: Direct Water Frontage, Lake Front, Water Front
Lot Dimen: 85x316x98x321
Office: KW Domain
LUXURIOUS CASS LAKE FRONT ESTATE SITUATED ON 3/4 ACRES WITH ~80 FT OF LAKE FRONTAGE. THIS RECENTLY RENOVATED HOME FEATURES A BRIGHT OPEN FLOOR PLAN WITH ~OVER 4000 SQFT OF LIVING SPACE INCLUDING 4 BEDROOMS & 4 BATHS. A GRAND FOYER LEADING TO THE GREAT ROOM W/FLOOR TO CEILING GLASS OVERLOOKING THE LAKE. A DESIGNER KITCHEN WITH DOWNSVIEW CABINETRY & WOLF APPLIANCES. 1ST FLOOR MASTER SUITE W/SPA LIKE BATH & WIC. A CUSTOM STAIRCASE LEADING TO 3 UPPER LEVEL BEDROOMS & BATHS. WALK OUT LOWER LEVEL W/ GUEST QUARTERS, FULL KITCHEN, ENTERTAINMENT AREA, & FULL BATH. SMART HOME TECHNOLOGY INCLUDING HIGH TECH SECURITY SURVEILLANCE SYSTEM, SURROUND SOUND SYSTEM W/INDOOR & OUTDOOR SPEAKERS, ALL ON & ALL OFF LIGHTING SYSTEM, HEATED FLOORS & MORE. PROFESSIONALLY MANICURED GROUNDS W/BRICK PAVER DRIVEWAY, PRIVATE CABANA, MAINTENANCE FREE DECKING W/GLASS RAILINGS & PRIVATE DOCK. NEW ROOF (’19) AND NEW HVAC (’19). ALL MEASUREMENTS APPROX. I.D.R.B.N.G. M&D APPROX.
   
 

4781 LINWOOD Street, West Bloomfield Twp 48324 Price: $2,240,000
$/SF: $290.61
MLS#: 2200042358 Residential Status: ACTV Summer Tx: $14,474
County: Oakland Stat Dt: 06/12/20 Winter Tx: $7,651
School Dist: West Bloomfield Beds:
4 Baths: 4.1
Assoc Fee:
SubDiv: ZOX LAKESIDE PARK SUB Sqft Abv: 7,708 Yr Built: 1992
MLS Area: 02181 – West Bloomfield Twp Grg Size: 3 Car Basement: No
Architecture: 3 Story Water: Well-Existing
Style:  Contemporary, Traditional Heating: Forced Air
Acreage: 0.46 Sewer: Sewer-Sanitary
Water Fac: Lake Front
Lot Dimen: 161X120X160X120
Office: Max Broock, REALTORS®-Birmingham
Prime location! Completely remodeled & architecturally designed to capture the beauty of lakefront living on all sports Cass Lake w/canal access. Enjoy seamless indoor/outdoor living with hurricane resistant “Nana Wall Systems” folding glass walls in the living room, great room, & Florida room. Marble dining room w/2-way fireplace opens to spacious living room w/vaulted ceiling & hardwood flooring. Gourmet kitchen w/premium appliances, granite counters, 2 seated islands, 2-way salt-water fish tank & breakfast area. Great room w/fireplace offers both lake & canal views. Florida room w/12 person hot tub. Large mudroom. 2nd floor theater/family room w/private staircase. Separate 2nd floor w/laundry room, 4 bedrooms, & 3 full baths to include oversized master suite w/fireplace, sitting area, workout/office space, & marble bath w/aromatherapy steam shower. 3rd floor offers additional multi-use space & storage. 2 separate attached garages. ¾ house generator. Sound system. Motorized blinds.
   
 

3955 LAKE FRONT Street, Waterford Twp 48328 Price: $2,750,000
$/SF: $407.41
MLS#: 2200047761 Residential Status: ACTV Summer Tx: $8,405
County: Oakland Stat Dt: 06/30/20 Winter Tx: $5,529
School Dist: Waterford Beds:
6 Baths: 6.1
Assoc Fee:
SubDiv: CASS LAKE HIGHLANDS SUB Sqft Abv: 6,750 Yr Built: 1990
MLS Area: 02131 – Waterford Twp Grg Size: 3 Car Basement: Yes
Architecture: 2 Story Water: Municipal Water
Style:  Other Heating: Forced Air
Acreage: 0.7 Sewer: Sewer-Sanitary
Water Fac: Direct Water Frontage, Lake Front, Lake Privileges, Lake/River Priv
Lot Dimen: 100X133
Office: KW Domain
RESORT STYLE LIVING ON ALL-SPORTS CASS LAKE! THIS MODERN MASTERPIECE FEATURES A BRIGHT OPEN FLOOR PLAN WITH ~10,000 SQFT OF LUXURIOUS LIVING SPACE & PANORAMIC LAKE VIEWS FROM ALMOST EVERY ROOM. A TWO STORY FOYER W/WROUGHT IRON STAIRCASE & OVERHEAD BRIDGE. ENORMOUS GREAT ROOM W/FLOOR TO CEILING GLASS, VAULTED CEILINGS & FIREPLACE. CHEF’S KITCHEN W/DOUBLE ISLAND, STATE OF THE ART APPLIANCES, & ADD. PREP KITCHEN. LARGE FAMILY RM OFF KITCHEN W/DOOR LEADING TO ROOF TOP DECK. PRIVATE 1ST FLOOR LIBRARY. MASTER SUITE W/SPA LIKE BATH, STEAM SHOWER & CUSTOM WALK IN CLOSET. 3 UPPER LEVEL BDRMS & LAUNDRY. WALK OUT LL FEATURES A REC AREA, KITCHEN, BAR, & ADD. RM & FULL BATH. COVERED OUTDOOR POOL & JACUZZI. 2019 UPDATES ALSO INCLUDE A NEW ROOF, WINDOWS, WATER HEATERS, A/C, POOL, JACUZZI & MORE! PROFESSIONALLY MANICURED GROUNDS W/FIRE PIT, BUILT IN GRILL, GAS HEATING & FIRE GLASS ROCKS. M&D APPROXIMATE. I.D.R.B.N.G.
   
 

4764 DOW RIDGE Road, Orchard Lake Village 48324 Price: $2,899,000
$/SF: $573.38
MLS#: 2200064743 Residential Status: ACTV Summer Tx: $29,159
County: Oakland Stat Dt: 08/12/20 Winter Tx: $905
School Dist: West Bloomfield Beds:
4 Baths: 6.2
Assoc Fee:
SubDiv: ASSR’S PLAT OF DOW RIDGE Sqft Abv: 5,056 Yr Built: 2012
MLS Area: 02184 – Orchard Lake Grg Size: 4 Car Basement: Yes
Architecture: 2 Story Water: Municipal Water
Style:  Colonial Heating: Forced Air, Zoned
Acreage: 0.79 Sewer: Sewer-Sanitary
Water Fac: Lake Front
Lot Dimen: 82x409x108x417
Office: Max Broock, REALTORS®-Birmingham
Enjoy lakefront living on over an acre situated on one of Oakland Counties finest streets. Surrounded by estate properties, this newer construction blends elegant living with a casual yet comfortable lifestyle. The kitchen, designed for function, opens to a family room, ideal for large gatherings. The dining room is conveniently located off the kitchen. The 2 story Living Room captures unprecedented views of the water. A first floor master with dual closets and euro bath also embraces the views of the grounds and waterfront. The second floor enjoys 3 additional en-suites and loft area. Dual staircases lead you to a finished walk out lower level with full kitchen, guest suite with full bath and another half bath for company. Move in this summer to enjoy the water amenities that an all sports lake can offer.
   
 

4680 DOW RIDGE RD, Orchard Lake Village 48324 Price: $3,100,000
$/SF: $1,464.34
MLS#: 58050023664 Residential Status: ACTV Summer Tx: $653
County: Oakland Stat Dt: 09/15/20 Winter Tx: $20,512
School Dist: West Bloomfield Beds:
3 Baths: 2.0
Assoc Fee:
SubDiv: ASSESSOR’S PLAT OF DOW RIDGE Sqft Abv: 2,117 Yr Built: 1951
MLS Area: 02184 – Orchard Lake Grg Size: 2 Car Basement: Yes
Architecture: 1 Story Water: Municipal Water
Style:  Ranch Heating:
Acreage: 1.34 Sewer: Sewer-Sanitary
Water Fac: Lake Front, Water Front
Lot Dimen: 138×420
Office: Keller Williams Realty Lakeside
This opportunity comes but once in a lifetime! 150 feet of lake frontage perched on the highest point on Cass Lake, a prime 1.34 acres is nestled among multi-million dollar homes on Oakland County?s most exclusive street. The view is absolutely breathtaking! Walk out to a nice sandy bottom lake front. Renovate the currently existing residence or start with a blank slate and custom build your forever home that will surely be the envy of the entire lake! This all sports lake is Oakland County’s premier lake and the property is serviced by award winning West Bloomfield Schools. This property has commercial 3 phase electrical. You can use commercial a/c, sprinkler pump and other appliances. This provides about 35-40% savings in your electrical bills every month. You will not find this anywhere in residential area!
   
 

2690 LARI, West Bloomfield Twp 48324 Price: $3,499,900
$/SF: $636.35
MLS#: 2200076137 Residential Status: ACTV Summer Tx: $9,436
County: Oakland Stat Dt: 09/18/20 Winter Tx: $5,007
School Dist: West Bloomfield Beds:
5 Baths: 5.2
Assoc Fee:
SubDiv: CASS LAKE WOODS SUB Sqft Abv: 5,500 Yr Built: 2021
MLS Area: 02181 – West Bloomfield Twp Grg Size: 3 Car, 4 Car Basement: Yes
Architecture: 2 Story Water: Municipal Water
Style:  Colonial, Contemporary Heating: Forced Air
Acreage: 1 Sewer: Sewer-Sanitary
Water Fac: Lake Front
Lot Dimen: 132X420
Office: Realty Solutions of Michigan Inc
Open house at builders model 3755 W Maple, Bloomfield hills on 11/1 at 1-4 Build your dream home on an Acre property on Cass Lake w/amazing sunset views! We can customize many of our amazing plans or create a brand new custom design for you! Presenting “The Savannah” by award winning Sapphire Luxury Homes. Gorgeous new modern elevation leads you to 5,500 SF, 5 bedroom & 7 baths. Breathtaking 2 story foyer entrance w/grand staircase & immediate lake views. The kitchen features SubZero/Wolf 48″ Appliance package, EuroCraft custom cabinets, Level 4 quartz countertops & oversized island plus extra large prep kitchen. Owners en-suite w/huge walk-in closet and lG spa-like master bath, 4 bdrm suites upstairs & Laundry Rm on 2nd FL. All bdrms w/walk-in closets. Hard surface flooring choices T/O 1st floor & Porcelain floors in baths. A true walkout lower level on Cass Lake w/132′ frontage! Pics give examples of what could be built. Existing home on the property is occupied view by appt only!
   
 

4200 COMMERCE Road, Orchard Lake Village 48324 Price: $4,490,000
$/SF: $611.30
MLS#: 2200080230 Residential Status: ACTV Summer Tx: $44,545
County: Oakland Stat Dt: 09/28/20 Winter Tx: $1,368
School Dist: West Bloomfield Beds:
3 Baths: 4.1
Assoc Fee:
SubDiv: Sqft Abv: 7,345 Yr Built: 1977
MLS Area: 02184 – Orchard Lake Grg Size: 3.5 Car Basement: Yes
Architecture: 1 Story Water: Well-Existing
Style:  Contemporary, Ranch Heating: Forced Air, Radiant, Zoned
Acreage: 5.34 Sewer: Sewer-Sanitary
Water Fac: Direct Water Frontage, Lake Front, Private Water Frontage
Lot Dimen: 348x971x236x744
Office: Hall & Hunter-Birmingham
Mid-Century Modern Masterpiece on one of the largest parcels on Cass Lake. This Architecturally significant home designed by Charles D. Singer has 5+ acres and 236’ of frontage offering the utmost in privacy and seclusion. Foyer entry to skylit Rotunda Living Rm w/panoramic Lake views. Custom kitchen opens to Dining area w/glass doors to rear balcony. Expansive Master suite addition includes staircase to workout room, ready for new owners to select finishes. Lower level w/home office, two full baths, sauna and wet bar opening to Game Rm and Family Rm w/fireplace. Newer Indoor/Outdoor stainless/granite kitchen boasts sitting area w/fireplace, heated floors, Nano folding doors open to pool, year-round spa and stairs to huge upper terrace overlooking Lake. Countless amenities include: Oversized 3 car garage w/heated floors, 29X15 Workshop, Dock w/Boat lift and canopy, 2-jet ski lifts, lakeside deck, 5 furnaces, 3 A/C units, elevator and generator. Make this resort style home your own!
   

There are a couple other big lakes near Cass Lake.  If you don’t like any home on Cass Lake then you may find a great lake home on Orchard Lake or a waterfront property on Upper Straits Lake.  Lake living is a wonderful way of life.  You will love it once you find your dream lake home.

Russ Ravary your local “lakes area” realtor

(248) 310-6239

yesmyrealtor@gmail.com

 

 

 

 

 

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Novi real estate Fall 2020 – Coronavirus update

I wanted to give you a quick update on homes for sale in Novi and the local real estate market.  At the beginning of the year when the coronavirus hit I don’t think anybody knew what the coronavirus was going to do to the Novi real estate market.  When they did the shutdown it did affect the community and the real estate market hard.  Many realtors had nothing to do but collect unemployment as many people did not wish to list their homes or go look at homes.

This is how long homes have been on the market Time frame is from Jan 2018 to Sep 2020
County is ‘OAK – Oakland County’
MLS Area Major is one of ‘02221 – Novi Twp’, ‘02223 – Novi’
Results calculated from approximately 4,600 listings

 

Most people did not want to make a real estate move because they were unsure of how Covid would affect their jobs, their income, and their lifestyle.  Luckily Governor Whitmer came back around and opened up the real estate industry.   The pent up demand by buyers drove a very strong Novi real estate market.  Between the low inventory (some sellers did not want people in their homes during Covid) and the low interest rates it made a strong real estate market.

I believe that the lower priced homes will be a strong market for years to come.  It doesn’t matter whether it is a Novi home for sale or any home in Metro Detroit under $300,000 I believe the market will be strong.  My reasoning is…they are no longer building many homes in the under $300,000 range.  Yes there are condos being built that inexpensively but no single family residential homes.  The cost of acquiring and developing land is much higher than years ago.  Add in the higher cost of materials and most of the homes being built have a starting price of $350,000 or higher.  Then you have to put in decks, patios, sod, sprinklers, and shrubs.  It is hard for a builder to build a low priced home.  The market would be there but there is no profit margin for the builders.  So I believe that for the next few years we will continue to see a strong market for lower priced homes in Novi.

Call Russ Ravary your Novi realtor at (248)310-6239

Here is a chart you should look at.   Novi home prices are at almost at $160 a square foot.  Time frame is from Jan 2018 to Sep 2020
County is ‘OAK – Oakland County’
MLS Area Major is one of ‘02221 – Novi Twp’, ‘02223 – Novi’
Results calculated from 4,778 listings

This year when Governor Whitmer opened real estate on May 7th we got off to a slow start.  By the second and third week buyers came out of the woodwork ready to buy.  We saw many multiple offer situations.  We saw many homes that went from $5,000 to over $20,000 the list price.  I recently was trying to help a buyer find a home.  We were out bid by $60,000 on a house that was listed at $180,000.  It sold for $240,000.  That was unusual for anything to go that high.  But it was very common for homes to sell in the first few days and well over list.  It was a good year to be a seller.

For a buyer it was tough.  Especially if you were a buyer that was trying to be smart and not way over bid.  Buyers that were looking at shorter term occupancies of 5 to 7 years were especially hard hit.  They didn’t want to over pay and then be upside down when it came to selling.  Many people believe we are going to have a down turn in real estate sometime in the future because we have had a strong bull real estate market for so long.

Zillow says The typical home value of homes in Novi is $349,391. This value is seasonally adjusted and only includes the middle price tier of homes. Novi home values have gone up 4.4% over the past year and Zillow predicts they will rise 6.7% in the next year.

Great city services in Novi

So over all the Novi real estate market is very strong even into the late fall which is unusual for Metro Detroit.  Usually we slow down about this time and home prices tend to drop in the late fall and winter.  So far we have not seen that.   There are some lakefront homes for sale in Novi once in a while in Island Lake subdivision.  Feel free to call me anytime about Novi homes for sale.  (248)310-6239  Russ Ravary your metro Detroit realtor.

 

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