Sunday, June 24, 2007

1607 Winifred in Westland, MI


Outside of 1607 Winifred in Westland, MI


Inside of 1607 Winifred in Westland, MI

This house was featured on the June 22, 2007 Foreclosure Bus Tour hosted by www.MIForeclosureQueen.com (Added Value Realty, LLC). For info on upcoming Bus Tours go to www.MIForeclosureQueen.com.
This house is a 3 Bedroom, 1 Bathroom house in the Wayne/Westland school district. The house needs some work. The kitchen and bathroom have some minor updates but complete renovation of these rooms might be something to consider. The house has hardwood floors that need some refinishing or carpet. Needs fresh paint.

Click Here for a Comparable Market Analysis showing recently sold properties in the area.

Comps at about $122,911 – After Repair Value (ARV)
(This is a conservative estimate using the lowest price per square foot of the comps used)

Listed currently at $96,300

Current spread at $26,611

Thursday, June 21, 2007

30779 Bennington St. in Westland, MI


Outside of 30779 Bennington St. in Westland, MI


Inside of 30779 Bennington St. in Westland, MI

This house is a 3 Bedroom, 1 Bathroom house in the Wayne/Westland school district. The house needs some work. The kitchen and bathroom have some updates. The house has hardwood floors that need refinishing or carpeting. Needs fresh paint.

Click Here for a Comparable Market Analysis showing recently sold properties in the area.

Comps at about $113,021 – After Repair Value (ARV)
(This is a conservative estimate using the lowest price per square foot of the comps used)

Listed currently at $86,900

Current spread at $26,121

Please consider the following factors when evaluating this property:

This house both a carport and a two car garage.

Wednesday, June 13, 2007

17666 Norborne in Redford, MI


Outside of 32711 17666 Norborne in Redford, MI
Currently Pending



Inside of 17666 Norborne in Redford, MI


Upstairs of 17666 Norborne in Redford, MI

This house is a 3 Bedroom, 1.5 Bathroom house in the Redford Union school district. The house needs paint and carpet or you could finish the hard wood floors. The bathrooms are in decent shape but may need some updating. The kitchen newer cabinets but may need a new floor and/or countertops. The windows are half original and half newer vinyl. The basement is partially finished.

Click Here for a Comparable Market Analysis showing recently sold properties in the area.

Comps at about $110,565 – After Repair Value (ARV)
(This is a conservative estimate using the lowest price per square foot of the comps used)
Listed currently at $79,900
Current spread at $30,665

Please consider the following factors when evaluating this property:

This listing is new so the bank may not want to negotiate right away.

Tuesday, June 12, 2007

32711 Balmoral Knls in Farmington, MI


Outside of 32711 Balmoral Knls in Farmington, MI
Currently Pending



Inside of Balmoral Knls in Farmington, MI


This house is a 3 Bedroom, 2 Bathroom house in the Farmington school district. The house needs some paint. The hard wood floors are in look nice. The fireplace can be seen from both the living room and dining room. The bathrooms are in good shape but could use some cleanup and maybe accessories. The kitchen has oak cabinets but may need a new floor and/or countertops. This house has a nice bank of windows to the private back yard. The basement has a nicely finished cedar closet.

Click Here for a Comparable Market Analysis showing recently sold properties in the area.

Comps at about $193,000 – After Repair Value (ARV)
(This is a conservative estimate using the lowest price per square foot of the comps used)

Listed currently at $158,900

Current spread at $34,100

Please consider the following factors when evaluating this property:

This house was difficult to comp. There were not many similar homes sold in the area recently. This is in the Farmington School district.

Sunday, June 10, 2007

19850 Imperial Hwy in Redford, MI


Outside of 19850 Imperial Hwy in Redford, MI
Currently Pending



Inside of 19850 Imperial Hwy in Redford, MI

This house is a 3 Bedroom, 1 Bathroom house in the Redford Union school district. The house needs some paint. The hard wood floors are in good shape. The bathroom and kitchen look fairly new. It has steel entry doors but older windows.

Click Here for a Comparable Market Analysis showing recently sold properties in the area.

Comps at about $118,527 – After Repair Value (ARV)
(This is a conservative estimate using the lowest price per square foot of the comps used)

Listed currently at $81,500

Current spread at $37,027

Please consider the following factors when evaluating this property:

This house has a wood-burning fireplace (an extra fro a ranch in Redford) and larger the normal closets for the area. The basement has taller than normal ceilings.

Wednesday, June 6, 2007

17342 Kinloch in Redford, MI


Outside of 17342 Kinloch in Redford, MI
Currently Pending



Inside of 17342 Kinloch in Redford, MI

This house is a 3 Bedroom, 1 Bathroom house in the Redford Union school district. The house needs some work. It has newer vinyl windows and steel entry doors. The bathroom has some updates, the kitchen is original and should be remodeled. Needs fresh paint and new carpeting. The dining room has nice built in corner cabinets.

Click Here for a Comparable Market Analysis showing recently sold properties in the area.

Comps at about $99,602 – After Repair Value (ARV)
(This is a conservative estimate using the lowest price per square foot of the comps used)

Listed currently at $50,000

Current spread at $49,602

Please consider the following factors when evaluating this property:

This house was originally a two bedroom house. The one car garage was converted to a third bedroom. Also, this house is vinyl sided where as the comps are brick. One of the comps was a bank foreclosure that needed little work. Also, all comps had garages, this house does not. The spread is large for the price range.