Novi

Real Estate Market Update for Plymouth, Canton, Northville, and Novi

| BAKE REAL ESTATE

Here are 3 charts to help illustrate what we are seeing in the market this Spring relative to the last 10 years.

The number of new listings is lower but not significantly. Each week, there are new listings throughout our region and there are more coming. The ‘sellers market’ may be tempting more people to list. But we typically see selling activity increase in the Spring and into the Summer each year.

But the main issue has been the number of buyers for each of these new listings. When you look at the number of showings per listing below, these figures are up dramatically. For each new listing, there are many more showings than we have seen since the recession. The number of showings per listing was actually declining for the last few years but started to drastically change last summer resulting in the chart below:

With such an increase in showing and buying activity with essentially the same or fewer new listings available, the inventory of homes for sale is at a 10 year low currently. We do expect more new listings to keep coming up as the weather improves and the school year ends. But the market will take some time to absorb all the buyers that are currently looking.

Neighborhood Spotlight: Royal Crown Estates of Novi

| BAKE REAL ESTATE

Royal Crown Colonial
A new BAKE Real Estate Listing Coming Soon in Royal Crown Estates.  Photo: BAKE Real Estate

If you’re looking for a friendly neighborhood community feel, look no further than Royal Crown Estates in Novi. Neighborhood activities include pumpkin carving, a chili cook off, ice cream social…and that’s just in the Fall.  For those Spring & Summer nights of fun, take the kids in your life to the annual Easter egg hunt or enjoy leisurely walks around the community, which provides sidewalks!

And if these neighborhood activities aren’t enough, Royal Crown Estates is close to historic downtown Northville where you can discover a wide variety of shopping, restaurants, events (including live music in the Town Square), and historic Mill Race Village. For heavenly baked goods, try the popular Great Harvest Bread Co. located on Main St. And for a larger scale shopping experience, Twelve Oaks Mall, Fountain Walk, and Novi Town Center are all easy to access.

Irvine in Royal Crown Estates in Novi

Located between 9 and 10 Mile Roads off Taft Road with award-winning Northville public schools, locals call the area ‘No-Ville’ because of the Novi address with Northville schools. Resident children have the option to attend Thornton Creek Elementary, Hillside Middle, and Northville High School for public schooling with many other private options nearby.  The Novi Public Library and Novi Civic Center are also very convenient.

Royal Crown Estates comprises 287 homes built in the early and late 1990’s.  Floor plans are typically Colonials and Cape Cods ranging in size from 2,300 Sq. Ft. to 3,500 Sq. Ft, with 3-5 bedrooms. Some homes enjoy walkout lower levels while other have the privacy of backing to wooded common areas.

Here are some recent sales in Royal Crown Estates…

45736 White Pines Dr.    4BR 2.1BATH    $430,000    3,062 Sq. Ft.

45704 Irvine Dr.     4BR 3.1BATH   $430,000    3,097 Sq. Ft.

22691 Foxmoor Dr.    4BR 3.1BATH    $450,000    2,845 Sq. Ft.

45787 Irvine Dr.    4BR 3.1BATH     $485,000    3,077 Sq. Ft.

Remember to look for Bake Real Estate’s listing in Royal Crown coming soon!

 

Neighborhood Spotlight: Island Lake of Novi

| BAKE REAL ESTATE

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Island Lake of Novi – Photo: BAKE Real Estate

Located in Novi north of 10 Mile Road along Wixom Road, you’ll discover the neighborhood of Island Lake.  Exemplifying resort living at its finest, Island Lake is a place where you can feel like you’re “up north” all week long. This recent development by Toll Brothers offers an impressive array of amenities around a 170 acre lake. It is truly a place you need to experience in order to appreciate. Many families relocating to Southeast Michigan from out of state or even out of the country find themselves instantly at home in Island Lake with a safe, “community” feel and plenty of social activities for every age.

One of the key reasons people choose Novi are the highly acclaimed Novi Public Schools. Novi is also convenient to private school options including Catholic Central and St. Catherine’s High Schools.  There are also a number of exceptional parks nearby, such as Kensington Metropark and Maybury State Park although you never have to go far with plenty of walking trails and paths within the Island Lake community itself!

Island Lake is also convenient for those of us who like to shop, dine, and have fun with nearby Twelve Oaks Mall, Fountain Walk and Novi Town Center .

Close by medical facilities include Providence Park Medical Center and Hospital.

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Recently Sold by BAKE Real Estate! Grand Colonial with Finished Walk-Out Lower Level – Photo: BAKE Real Estate

Island Lake has more to offer than just location. Around the neighborhood, you’ll find luxury level accommodations with stately elevations, grand foyers, sun rooms, gourmet kitchens, and spa-like master suites. There are homes with walk-out finished lower levels, private pools, wine cellars, and more. While some homes offer waterfront views, others may have private, wooded rear yards or back to wide expansive common areas.  The homes range in size from approximately 3000 to 5000 sq. ft. (above grade) and comprise of both single family homes and condos.

At the center of it all you’ll find Island Lake’s “Boathouse” with amenities like a fitness center, pool, children’s pool, party room, sandy beach, volleyball court, tennis courts, day docks, and playground.

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Island Lake Boat House – Photo: BAKE Real Estate

When you’re looking for your Island Lake home, Bake Real Estate can help! Some of our firm’s sales within Island Lake of Novi include:

49733 Leyland Circle, 5BR 6.5 Bath 4837 above-grade sq. ft.

25515 Hillsdale Dr. 4BR 3.5 Bath 3,611 above-grade sq. ft.

50678 Amesburg Dr.   4BR 3.5 bath   3,734 above-grade sq. ft.

All photos are the property of BAKE Real Estate and cannot be reproduced without permission.

Coming Soon in Island Lake
Fitness Room
Boathouse Interior
Docks
Boathouse Deck
Pool
Boathouse

Bento 39 in Novi

| Carrie

Before our careers in real estate, Patrick and I were expatriates living in Hiroshima, Japan for 3 years. That’s even where I gave birth to our son. We loved living there, absorbing a culture that is so foreign, yet technologically advanced. One of my favorite aspects of living there was the food. I love seafood and interesting dishes – Japan has lots of both. The food is overall very healthy. One of the traditional everyday meals in Japan is the Bento Box meal. It is a meal prepared either at home or for takeout that comes in a box with compartments, each holding a different food item, so you get a balanced meal all within the box. The food in a bento is typically minimally processed and items such as rice, pickled vegetables and a protein are standard.

This leads me to Bento 39, a small restaurant in a strip mall on Novi Road in Novi, Michigan. It is called Bento 39 because in Japanese, the numbers 3 and 9 sound like “Thank You” so the owners named it Bento Thank You. Japanese like to take English words and incorporate them into Japanese so this time they are doing the opposite.

Anyway, I was so excited when I found this shop a few months ago. They have a relatively small menu of about 12 bento dishes and every day there is a daily special. Sometimes I can read the special in Japanese if it has enough of the words I still remember…but you can ask them. You can either dine in or take out.

I am so happy I can get a healthy bento box now of traditional Japanese food at Bento 39.

22200 Novi Road, Novi 48375, Telephone: (248) 344-0896.

Just Sold! 50678 Amesburg Drive in Novi’s Island Lake Neighborhood

| Carrie


Just sold to one of our clients relocating back to the area, Amesburg is part of Novi’s Island Lake community where residents can enjoy resort-like living with a 170-acre lake for sailing, fishing, swimming and more.  This home with 3743 Sqft, 4 Bedrooms, 3.1 Bathrooms, and a finished Lower Level distinguishes itself with personalized touches throughout. The community clubhouse is equipped with a fitness center, locker rooms, kitchen, great room and walkout veranda. You’ll also find an outdoor pool, tennis club, winding nature trails, docks, private beaches and a lakeside park.

If you are seeking to buy or sell a home in Plymouth or Northville, please visit our homepage at  www.bobbake.com or simply contact Carrie,  Associate Broker, at (734) 788-2398 – carrie@bobbake.com, Patrick,  Associate Broker,at  (734) 272-8375 – patrick@bobbake.com, or Stephanie, REALTOR, at (734) 620-4536 – stephanie@bobbake.com.  We are experts in the local area and would be happy to assist you with your home search or sale.

Just Sold! 25515 Hillsdale Dr, Novi – 4 Bedroom Colonial in Island Lake Association

| Carrie

hillsdale

Just sold to one of our clients relocating to Michigan, this 4 Bedroom, 3.5 Bath Island Lake Colonial backs to a wooded commons area with trails leading to an association lake.  In addition to the many standard features and upgrades found on a Toll Brothers home, 25515 Hillsdale offers a walkout lower level, granite countertops, stainless steel appliances, hardwood flooring, laundry facilities on all 3 levels, brick paver patio and paths, and extensive landscaping. As a newer built home with 3600 square feet above grade and a 3 car attached garage, there is plenty of space for everyone and everything.

At Island Lake, residents enjoy a 170 acre lake with sailing, fishing, swimming and more. There is also a community clubhouse with fitness center, locker rooms, kitchen, great room and walkout veranda, outdoor pool, tennis club, winding nature trails, docks, private beaches and lakeside parks – more of a resort than a subdivision.

If you have a home to sell in the Plymouth and Northville area and would like a private consultation, please feel free to contact us to discuss your needs in confidence. We are specialists in the local area with the experience and knowledge to assist you throughout your home buying and selling process.

– Carrie

Just Sold! Toll Brothers Island Lakes New Construction Home in Novi Michigan

| BAKE REAL ESTATE

In addition to existing home sales, we also represent buyers who are interested in purchasing new homes from builders.  We recently closed a new home sale in Island Lakes of Novi where Toll Brothers have a beautiful development nearing completion.  Made up of single family homes and condos, the community surrounds a gorgeous lake and offers boating, swimming, tennis and more.  Choosing to purchase a new home has unique challenges but the main attraction is being able to select or customize the home to your exact specifications within the limitations of the builder’ neighborhood plan.  Realizing the vision of your dream home is a temptation that’s hard to resist!

If you are planning to purchase and build a new home, please contact us so that we may assist you in the process.

Carrie, Plymouth and Northville Associate Broker, at 734-788-2398 –  carrie@bobbake.com or Patrick, Plymouth and Northville REALTOR,at  734-272-8375 – patrick@bobbake.com.

If you have a home to sell in the Plymouth and Northville area and would like a private consultation, please feel free to contact us to discuss your needs in confidence. We are specialists in the local area with the experience and knowledge to assist you throughout your home buying and selling process.

AAUW Northville-Novi Home Tour: September 24th, 2011

| Carrie

The American Association of University Women is holding their 2011 Northville and Novi Home Tour the weekend of September 24th, 2011. The self-guided tour includes 5 Northville area homes and costs $20.00 per person.  The beautiful downtown Northville home pictured above is just one example of what you will see on this home tour. Tickets are available at: Gardenviews, Pear-aphernalia, Starring the Gallery, Northville Chamber of Commerce or at the house day of event. To charge tickets please call 734-420-0206.

For more information about this wonderful opportunity, click here.

Family Circle Magazine rates NOVI among the 2011 Ten Best Towns for Families

| BAKE REAL ESTATE

Novi, MichiganAlthough we specialize in the Plymouth and Northville Real Estate markets, we also help our clients buy and sell homes in neighboring cities such as Novi.  Family Circle magazine recently recognized Novi as one of their 2011 Ten Best Towns for Families.

The top ten communities featured in this annual review of ideal places to call “home” combine affordable housing, good neighbors, green spaces, low crime rate, strong schools, and giving spirits.

For more information about Novi, you can visit www.cityofnovi.org.