Want to Buy a Newer 4 Bedroom Home in Oxford MI With ZERO Money? Woodbriar May be the Sub for You!
Fortunately for today's home buyer, Oxford MIis still considered rural enough to qualify for Rural Development financing and you don't have to be out in the country to qualify. Woodbriar sub is located in Oxford MI, just off Drahner Rd a little west of M-24. Woodbriar Sub is a 156 home neighborhood built roughly between 1998 and 2002 with homes ranging in size from just over 1500 sq. ft. to just over 2400 sq. ft. and if you qualify for a rural development mortgage you can get into one of these homes for zero dollars!
Some of the many amenities of Woodbriar, Oxford MI include:
3 small parks
Prices in 2010 were about the same as 2009. There were 10 sales in 2010 ranging in price from $102,250-$189,000. Admittedly, $102K is not the norm- there were only 2 sales in 2010 under $133,000. But that house that sold for $133,000 previously sold for $224,900 in 2005- a 3 bedroom 2 1/2 bath home with an unfinished walk out. It was a bank owned house and more than likely needed some work/updating, but very few homes that sell are perfect. in 2004 you couldn't touch a house in Woodbriar for under $200K when houses sold for between $205,000-$303,000.
If you are thinking about purchasing a home and have been sitting on the fence waiting for the market to hit bottom- it is probably time to hop off that fence. Prices in Woodbriar were on par with 2009 and prices in general in both Oxford MI and Lake Orion MI have been inching up. Also, interest rates are still low but have also been inching up recently.
For more information about purchasing a home in Woodbriar, Oxford MI please contact me, Jackie Hawley