Monday, July 14, 2008
How Much Home Will $300,000 Buy in Ann Arbor?
A quick search of the Ann Arbor Multiple Listing service shows 74 homes currently on the market in the immediate Ann Arbor area, priced between $275,000 - $325,000. As you can imagine, there is a wide variety of styles, ages, and designs. On the one end of the spectrum is an 825 square foot home for sale at $285,000 ($343/ sq. ft.) and another home over 3100 square feet at $299,000 ($87/ ft.). The average $300,000 home is just shy of 2000 square feet, at an average asking price at $143/ ft.