$377,000 :: 1659 Maple Creek Crt, Rochester MI, 48306

Property Photo

3 beds, 3 baths
Home size: 2,637 sq ft
Lot Size: 0 sq ft
Added: 09/25/17, Last Updated: 06/30/18
Property Type: Condo/Townhouse/Co-Op
MLS Number: 31331716
Community: Rochester (63152)
Tract: MAPLE RIDGE CREEK VILLAGE COND
The price of this listing was last increased on 5/3/2018 by 2%
Status: Sold

Stunning condominium in a gorgeous setting. Three bedroom split level with spacious first floor bedroom, large bathroom, and large walk in closet. Large den and private office. Beautiful foyer with wainscoting and new wood floor. Great room with fireplace opens to private deck with pine trees and serene mature landscaping throughout courtyard. First floor laundry with new flooring. Upgraded lighting. Crown molding throughout. Cozy kitchen with quartz counters, new wood flooring and pantry. New professional painting, carpet and flooring throughout. New epoxy garage floor. Located minutes from downtown Rochester, Stony Creek Metro Park, and Paint Creek Trail. Owner is a licensed real estate agent.

Listed with Real Estate Broker Direct Inc


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$389,000 :: 1141 HATHAWAY RISING, Rochester Hills MI, 48306

Property Photo

4 beds, 2.1 baths
Home size: 2,604 sq ft
Lot Size: 14,810 sq ft
Added: 06/29/18, Last Updated: 06/29/18
Property Type: Single Family
MLS Number: 218059945
Community: Rochester Hills
Tract: CHICHESTER SUB NO 1
Status: Active

This updated colonial in popular Georgetown awaits your family! Remodeled kitchen with quartz counters and remodeled baths, dining room with custom cabinets, hardwood floors in foyer/kitchen/half/bath. Family room opens to 30′ x 13″ 4-season room with radiant heat, offering additional living space and perfect for entertaining! Master bedroom with 2 large walk-in closets, Bedroom Two has walk-in closet and has access to full bath First floor laundry, reverse osmosis system and pet containment system. Newer roof, resurfaced chimney, newer water heater. Beautiful deep backyard too! Welcome home!

Listed with Coldwell Banker Weir Manuel-Roch


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$389,000 :: 1141 HATHAWAY RISING, Rochester Hills MI, 48306

Property Photo

4 beds, 2.1 baths
Home size: 2,604 sq ft
Lot Size: 14,810 sq ft
Added: 06/29/18, Last Updated: 06/29/18
Property Type: Single Family
MLS Number: 218059945
Community: Rochester Hills
Tract: CHICHESTER SUB NO 1
Status: Active

This updated colonial in popular Georgetown awaits your family! Remodeled kitchen with quartz counters and remodeled baths, dining room with custom cabinets, hardwood floors in foyer/kitchen/half/bath. Family room opens to 30′ x 13″ 4-season room with radiant heat, offering additional living space and perfect for entertaining! Master bedroom with 2 large walk-in closets, Bedroom Two has walk-in closet and has access to full bath First floor laundry, reverse osmosis system and pet containment system. Newer roof, resurfaced chimney, newer water heater. Beautiful deep backyard too! Welcome home!

Listed with Coldwell Banker Weir Manuel-Roch


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$739,900 :: 1898 VINSETTA CRT, Rochester MI, 48306-1645

5 beds, 7 baths
Home size: 4,598 sq ft
Lot Size: 26,571 sq ft
Added: 05/29/18, Last Updated: 05/29/18
Property Type: Single Family
MLS Number: 21453523
Community: Oakland Twp (63101)
Tract: GOODISON PLACE SUB NO 1
Status: Active

Are you looking for a great sub w/ a home that has character and charm and is different from the rest? Look no further! This Nantucket exterior home sits on a quiet cul-de-sac and has interior flair of a charming Grosse Pointe lay-out with all the modern amenities expected from a quality home. Home features 4,598 sqft, 5 Bedrooms, 5.2 Bathrooms, Brookhaven Kitchen w/ Stone Backsplash, Granite, Sub-Zero Fridge, High-end Jenn-Air gas 6 burner Cooktop and double Oven, 4 Fireplaces throughout Home, 1,966 sqft Finished Walk-Out Basement with Full Kitchen, Theater Room (Projector and Screen included), New Roof in ?14, Surround Sound, Wide Plank Wood Floors throughout FF, Built-ins in Library, Large Bonus Room Upstairs, 3 1/2 Car Garage! Check out the beautiful pictures of the pergola and deck overlooking serene weeping willows! This Home truly has it all! Welcome Home!

Listed with Berkshire Hathaway HomeServices HWWB


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$574,900 :: 950 E ROMEO RD, Oakland Township MI, 48363-1641

4 beds, 3 baths
Home size: 3,838 sq ft
Lot Size: 217,364 sq ft
Added: 05/28/18, Last Updated: 05/29/18
Property Type: Single Family
MLS Number: 21453458
Community: Oakland Twp (63101)
Status: Active

Take a look at the hottest Oasis to hit Oakland! 4 Bedroom, multi level home in the heart of 5 private acres. This property boasts a secluded wing including an indoor pool and sauna, enter the main living space through a gorgeous sun room which leads right into the kitchen and dining. This home is perfect for entertaining and relaxation. Contemporary design throughout, multiple car garage, fenced in yard, new roof, gardens and privacy. Spa influenced Master Suite with a fireplace, extra large walk in closet, second floor laundry, finished basement with Recreation room and ample amounts of storage. What more could you ask for?

Listed with Community Choice Realty Inc


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$555,000 :: 4220 HOLLY LN, Rochester MI, 48306-4763

5 beds, 5 baths
Home size: 3,499 sq ft
Lot Size: 14,374 sq ft
Added: 05/29/18, Last Updated: 05/29/18
Property Type: Single Family
MLS Number: 21453712
Community: Oakland Twp (63101)
Tract: THE CROSSINGS SUB NO 9
Status: Active

You will love what this amazing Colonial has to offer! Relax on the patio enjoying the large lot that this 5 bedroom, 4.1 bathroom home rests on in the heart of Rochester! Inside is 3515 sf of living space. 4 BR on the upper level including a separate guest suite with full bathroom. BR 2 & 3 have J&J bath with separate vanities. Master BR has gas FP, 3 closets & MasterBath with jetted tub, separate shower, dual vanities. Gorgeous New Kitchen with high end appliances, granite, beautifully tiled backsplash, cooktop w/hood, double oven & Butler’s Pantry. Spacious nook w/large patio door & opens to FR w/additional large windows , views of the amazingly landscaped yard & has a cozy FP. Many features add charm including Large study, DR & LR, 1st FL laundry, neutral paint. Finished basement w/higher ceilings has an extra 1150 sf of living including 5th BR, bathroom, craft nook & large rec room. Ideally located w/quick access to expressways, shopping & dining. Rochester Schools.===

Listed with Real Estate One-Rochester


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$524,900 :: 624 CANYON RD, Rochester MI, 48306-2620

4 beds, 4 baths
Home size: 3,643 sq ft
Lot Size: 38,768 sq ft
Added: 05/29/18, Last Updated: 05/29/18
Property Type: Single Family
MLS Number: 21453554
Community: Oakland Twp (63101)
Tract: RIDGEWOOD HILLS SUB
Status: Active

If you are looking for that Up-North feeling, then look no further! This custom built home sits upon a secluded lot nestled among the trees over looking a creek and everything else mother nature has to offer. Enjoy cooking for your family in the gourmet kitchen with walk-in pantry and serving them in the large dining room. Cozy up in the spacious great room in front of the beautiful fireplace or take in the view from the floor to ceiling windows. The first floor bedroom with full bath is perfect as an in-law suite or a guest room. Also on the first floor is a huge laundry/mudroom with direct access to the 3 car garage. Up on the second floor is the generous sized master bedroom with fireplace, jetted tub, dual sinks, and walk-in closet with built-ins. There are two other bedrooms on the second floor sharing a full jack & jill bathroom. The third floor boasts a 30 x 15 bonus room offering endless possibilities. Large Deck perfect for entertaining! Furnace & water heater new in 2016.

Listed with Century 21 Sakmar & Assoc


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$469,900 :: 824 MCINTOSH CRT, Oakland Township MI, 48363-1707

3 beds, 3 baths
Home size: 2,430 sq ft
Lot Size: 0 sq ft
Added: 05/29/18, Last Updated: 05/29/18
Property Type: Single Family
MLS Number: 21453661
Community: Oakland Twp (63101)
Tract: WYNSTONE CONDO OCCPN 1784
Status: Active

Stunning 3 bedroom 2.1 bath like new (built in 2013) ranch in Wynstone. This open concept home has 2,430 Square Feet, 9? ceilings, Stone Fireplace in the Great Room, Hardwood Floors, Stamped Concrete Patio and backs to a natural preserve! First Floor Master has Spa Bath, Dual Sinks, Jetted Tub and His and Hers Closets. Spacious Kitchen is filled with light and overlooks Octagon Breakfast Room. Locker System at the back hall and large Laundry Room with oversized Window. Basement has high ceilings, Egress Window and Some Walls up and ready for additional finishing. Sub features Pool, Sidewalks, Volleyball Court, Tennis Courts and small clubhouse area. Located deep in the sub for the upmost privacy, pictures do not lie, this is the ranch you have been waiting for! Welcome Home!

Listed with Berkshire Hathaway HomeServices HWWB


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$1 Million: What It Buys in the U.S. Housing Market

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HC_Million_1

One-million dollars is a lot of money to most of the world’s population, but it’s a drop in the bucket to a billionaire. The housing market in the U.S. seems to have a similar relationship with homes valued between $900,000 and $1.1 million: Some of them are sprawling estates, while others are considered middle-of-the-road homes.

HouseCanary examined homes valued around $1 million in different metropolitan statistical areas (MSAs) across the country to determine what an “average” million-dollar home looks like, from San Francisco to Tuscaloosa, Ala. We found that what a million dollars will buy can vary widely from place to place—so if you’ve got $1 million to spend on a home, here’s what you can expect to get in return.

Where $1 Million Is Big Money
In most markets, $1 million will get you a lot of house, but they might not be considered mansion material. We found that in the preponderance of markets (110 out of 375 metro areas), a million-dollar home is somewhere between 3,000 and 4,000 square feet. But there are also some markets where you can buy a true mansion or estate if you’re willing to spend between $900,000 and $1.1 million.

Those markets tend to be at least somewhat off the beaten path, so you may be sacrificing some shopping convenience, access to airports, or proximity to cultural, sports, or other local assets. And those markets may not also have relatively high household income, meaning you’ve got to save for a lot longer to make that million-dollar down payment. But the amount of room you’ll get to spread out and do your thing might make that kind of sacrifice well worth it!

HC_Million_2

Ohio is one state with several big cities, but it’s in unassuming Lima, about 90 minutes northwest of Columbus, where you’ll find the best deals for $1 million. The average million-dollar home in Lima, Ohio, is 9,435 square feet and sits on a four-acre lot. It has five-plus bedrooms, four bathrooms, and 4-5 parking spots. For that million-dollar home, buyers pay about $105.99 per square foot.

In Lima, most homes are very affordable. To pay a mortgage on a median-priced home in Lima, the median-income household would spend 17.30 percent of its income. The median household income in Lima is $45,575, and you can still buy a home there for much less than $100,000. So it’s not surprising that the two million-dollar homes in Lima are much larger than average!

You’ll find similar bang for your million-dollar buck in Anniston-Oxford-Jacksonville, Ala., about an hour and 20 minutes northeast of Birmingham, where the average million-dollar home is 8,354 square feet and sits on a five-acre lot. It has three bedrooms, 2.5 bathrooms, and 4-5 parking spaces. The price-per-square foot in this corner of Alabama for a million-dollar home is about $119.70.

Homes are also very affordable in Anniston-Oxford-Jacksonville, with the median household spending just shy of 17 percent of total household income ($41,954 annually) on a median-priced house.

Texas is another state with several big cities—Houston and Dallas are two of the biggest cities in the country. In Wichita Falls, Texas, about two hours and change northeast of Dallas, your average million-dollar home comes on a whopping 60-acre lot and is 7,852 square feet. The price-per-square foot is about $127.36—still very reasonable. It has five bedrooms, 4.5 bathrooms and four parking spots, and the median household in Wichita Falls spends just 13.94 percent of its annual $46,043 income on a median-priced home.

$1 Million in the Middle
Even though there are more homes between 3,000 and 4,000 square feet than between 4,000 and 5,000, the average square footage for a million-dollar home across all metros studied is 4,305 square feet—which is quite a bit of room to stretch out, but still only about half the size of the biggest million-dollar homes in the country.

HC_Million_3

In the Nashville MSA (which also includes Davidson, Murfreesboro and Franklin, all in Tennessee), an average million-dollar home is 4,302 square feet, with 3-4 bedrooms, four bathrooms, and three parking spots nestled on a 0.96-acre lot. The price-per-square foot is $232.45—more than double the price per square foot in Lima, Ohio.

Affordability in Nashville is also middle-of-the-road: Most economists suggest that households spend no more than 30 percent of their total income on housing, and in Nashville, a median-priced house costs 30.5 percent of the median household income, which is $56,152 annually.

Richmond, Va., and St. Louis (spanning both Missouri and Illinois) are also relatively average markets. In Richmond, an average million-dollar house is 4,312 square feet on an 0.85-acre lot, with four bedrooms, four bathrooms, and two parking spots. The price-per-square foot is $231.91, slightly lower than in Nashville. A median home for a median household in Richmond uses 29.17 percent of its $61,124 annual household income.

And in St. Louis, the average million-dollar home is 4,330 square feet on a 0.93-acre lot. It also has four bedrooms, four bathrooms, and two parking spots. The price-per-square foot is very close to both Richmond and Nashville at $230.95. In St. Louis, the median household (which makes $56,726 per year) spends 21.83 percent of its income on a median-priced home.

Million-Dollar Babies
It makes sense that in areas where housing is more affordable, million-dollar homes are larger. But what happens when affordability starts to creep up (and up…and up)?

HC_MIllion_4

As you might guess, when affording a home captures more and more of a median household’s income, the million-dollar homes get smaller. The smallest average million-dollar home in the country is in San Jose-Sunnyvale-Santa Clara, Calif., at 1,576 square feet, on a 0.13-acre lot. It has three bedrooms, two bathrooms, and two parking spots, and in this MSA, the median household spends 76.33 percent of its income ($100,469 annually) on a median-priced home. The price-per-square foot is an eye-popping $634.52, almost six times what you’d pay in Lima, Ohio, for a home.

In San Francisco-Oakland-Hayward, Calif., you’ll find a slightly bigger average million-dollar home at 1,600 square feet, on a 0.13-acre lot, with three bedrooms, two bathrooms, and two parking spots. The price-per-square foot is $625, just $9.52 lower than in San Jose-Sunnyvale-Santa Clara. A median household in the Bay Area makes $85,947 per year and typically spends 80.20 percent of its total income on a median-priced home.

Honolulu is another market with small average million-dollar properties. In Honolulu, the average million-dollar home is 1,846 square feet on a 0.15-acre lot, with four bedrooms, two bathrooms, and two parking spots. The price-per-square foot for a Honolulu million-dollar home is $541.71—definitely more reasonable than its San Francisco counterparts, but still almost double what you’d pay in Nashville, Richmond or St. Louis. The median household in Honolulu (which makes $77,161 per year) spends 61.62 percent of its income on a median home—still more than double the recommended amount, but much more reasonable than San Jose or San Francisco.

In Boulder, Colo., you can get slightly more square footage for a million dollars than in San Francisco. The average Boulder million-dollar home is 2,270 square feet on a 0.24-acre lot, costing $440.53 per square foot. It has four bedrooms and 2.5 bathrooms, with two parking spots, and the median household spends just over half (51.39 percent) of its $72,282 annual income on a median home.

If I Had a Million Dollars…
Would you rather have a vast estate in Lima, Ohio, or Wichita Falls, Texas, or a cozy family home in San Francisco or Honolulu? Maybe opting for something middle-of-the-road in St. Louis or Nashville makes more sense…and it’s less square footage to clean!

This was originally published on HouseCanary. For more information, please visit www.housecanary.com.

For the latest real estate news and trends, bookmark RISMedia.com.

The post $1 Million: What It Buys in the U.S. Housing Market appeared first on RISMedia.

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$1 Million: What It Buys in the U.S. Housing Market

Thumbnail for 95147
HC_Million_1

One-million dollars is a lot of money to most of the world’s population, but it’s a drop in the bucket to a billionaire. The housing market in the U.S. seems to have a similar relationship with homes valued between $900,000 and $1.1 million: Some of them are sprawling estates, while others are considered middle-of-the-road homes.

HouseCanary examined homes valued around $1 million in different metropolitan statistical areas (MSAs) across the country to determine what an “average” million-dollar home looks like, from San Francisco to Tuscaloosa, Ala. We found that what a million dollars will buy can vary widely from place to place—so if you’ve got $1 million to spend on a home, here’s what you can expect to get in return.

Where $1 Million Is Big Money
In most markets, $1 million will get you a lot of house, but they might not be considered mansion material. We found that in the preponderance of markets (110 out of 375 metro areas), a million-dollar home is somewhere between 3,000 and 4,000 square feet. But there are also some markets where you can buy a true mansion or estate if you’re willing to spend between $900,000 and $1.1 million.

Those markets tend to be at least somewhat off the beaten path, so you may be sacrificing some shopping convenience, access to airports, or proximity to cultural, sports, or other local assets. And those markets may not also have relatively high household income, meaning you’ve got to save for a lot longer to make that million-dollar down payment. But the amount of room you’ll get to spread out and do your thing might make that kind of sacrifice well worth it!

HC_Million_2

Ohio is one state with several big cities, but it’s in unassuming Lima, about 90 minutes northwest of Columbus, where you’ll find the best deals for $1 million. The average million-dollar home in Lima, Ohio, is 9,435 square feet and sits on a four-acre lot. It has five-plus bedrooms, four bathrooms, and 4-5 parking spots. For that million-dollar home, buyers pay about $105.99 per square foot.

In Lima, most homes are very affordable. To pay a mortgage on a median-priced home in Lima, the median-income household would spend 17.30 percent of its income. The median household income in Lima is $45,575, and you can still buy a home there for much less than $100,000. So it’s not surprising that the two million-dollar homes in Lima are much larger than average!

You’ll find similar bang for your million-dollar buck in Anniston-Oxford-Jacksonville, Ala., about an hour and 20 minutes northeast of Birmingham, where the average million-dollar home is 8,354 square feet and sits on a five-acre lot. It has three bedrooms, 2.5 bathrooms, and 4-5 parking spaces. The price-per-square foot in this corner of Alabama for a million-dollar home is about $119.70.

Homes are also very affordable in Anniston-Oxford-Jacksonville, with the median household spending just shy of 17 percent of total household income ($41,954 annually) on a median-priced house.

Texas is another state with several big cities—Houston and Dallas are two of the biggest cities in the country. In Wichita Falls, Texas, about two hours and change northeast of Dallas, your average million-dollar home comes on a whopping 60-acre lot and is 7,852 square feet. The price-per-square foot is about $127.36—still very reasonable. It has five bedrooms, 4.5 bathrooms and four parking spots, and the median household in Wichita Falls spends just 13.94 percent of its annual $46,043 income on a median-priced home.

$1 Million in the Middle
Even though there are more homes between 3,000 and 4,000 square feet than between 4,000 and 5,000, the average square footage for a million-dollar home across all metros studied is 4,305 square feet—which is quite a bit of room to stretch out, but still only about half the size of the biggest million-dollar homes in the country.

HC_Million_3

In the Nashville MSA (which also includes Davidson, Murfreesboro and Franklin, all in Tennessee), an average million-dollar home is 4,302 square feet, with 3-4 bedrooms, four bathrooms, and three parking spots nestled on a 0.96-acre lot. The price-per-square foot is $232.45—more than double the price per square foot in Lima, Ohio.

Affordability in Nashville is also middle-of-the-road: Most economists suggest that households spend no more than 30 percent of their total income on housing, and in Nashville, a median-priced house costs 30.5 percent of the median household income, which is $56,152 annually.

Richmond, Va., and St. Louis (spanning both Missouri and Illinois) are also relatively average markets. In Richmond, an average million-dollar house is 4,312 square feet on an 0.85-acre lot, with four bedrooms, four bathrooms, and two parking spots. The price-per-square foot is $231.91, slightly lower than in Nashville. A median home for a median household in Richmond uses 29.17 percent of its $61,124 annual household income.

And in St. Louis, the average million-dollar home is 4,330 square feet on a 0.93-acre lot. It also has four bedrooms, four bathrooms, and two parking spots. The price-per-square foot is very close to both Richmond and Nashville at $230.95. In St. Louis, the median household (which makes $56,726 per year) spends 21.83 percent of its income on a median-priced home.

Million-Dollar Babies
It makes sense that in areas where housing is more affordable, million-dollar homes are larger. But what happens when affordability starts to creep up (and up…and up)?

HC_MIllion_4

As you might guess, when affording a home captures more and more of a median household’s income, the million-dollar homes get smaller. The smallest average million-dollar home in the country is in San Jose-Sunnyvale-Santa Clara, Calif., at 1,576 square feet, on a 0.13-acre lot. It has three bedrooms, two bathrooms, and two parking spots, and in this MSA, the median household spends 76.33 percent of its income ($100,469 annually) on a median-priced home. The price-per-square foot is an eye-popping $634.52, almost six times what you’d pay in Lima, Ohio, for a home.

In San Francisco-Oakland-Hayward, Calif., you’ll find a slightly bigger average million-dollar home at 1,600 square feet, on a 0.13-acre lot, with three bedrooms, two bathrooms, and two parking spots. The price-per-square foot is $625, just $9.52 lower than in San Jose-Sunnyvale-Santa Clara. A median household in the Bay Area makes $85,947 per year and typically spends 80.20 percent of its total income on a median-priced home.

Honolulu is another market with small average million-dollar properties. In Honolulu, the average million-dollar home is 1,846 square feet on a 0.15-acre lot, with four bedrooms, two bathrooms, and two parking spots. The price-per-square foot for a Honolulu million-dollar home is $541.71—definitely more reasonable than its San Francisco counterparts, but still almost double what you’d pay in Nashville, Richmond or St. Louis. The median household in Honolulu (which makes $77,161 per year) spends 61.62 percent of its income on a median home—still more than double the recommended amount, but much more reasonable than San Jose or San Francisco.

In Boulder, Colo., you can get slightly more square footage for a million dollars than in San Francisco. The average Boulder million-dollar home is 2,270 square feet on a 0.24-acre lot, costing $440.53 per square foot. It has four bedrooms and 2.5 bathrooms, with two parking spots, and the median household spends just over half (51.39 percent) of its $72,282 annual income on a median home.

If I Had a Million Dollars…
Would you rather have a vast estate in Lima, Ohio, or Wichita Falls, Texas, or a cozy family home in San Francisco or Honolulu? Maybe opting for something middle-of-the-road in St. Louis or Nashville makes more sense…and it’s less square footage to clean!

This was originally published on HouseCanary. For more information, please visit www.housecanary.com.

For the latest real estate news and trends, bookmark RISMedia.com.

The post $1 Million: What It Buys in the U.S. Housing Market appeared first on RISMedia.

Continue Reading →