Living in Baroda, MI
Baroda, MI, is a picturesque village that boasts a friendly community atmosphere and proximity to Lake Michigan beaches. It offers a blend of rural tranquility and convenience, making it ideal for families and retirees alike. Baroda's family-oriented environment, coupled with various outdoor activities and a growing economy, positions it as an excellent area for real estate investment.
Current Market Conditions in Baroda, MI
The real estate market in Baroda is currently favorable for buyers, with a variety of properties available at competitive prices. The market has seen a steady increase in home values, driven by the area's appeal and increasing demand for residential properties among families and retirees looking for a quieter lifestyle.
Investors can benefit from a growing rental market, as more individuals and families are discovering Baroda's charm and amenities. The population growth, coupled with improving infrastructure and development, suggests that property values will continue to rise in the coming years, making it a sound investment destination.
Home Value Estimator For Baroda, MI
There are currently 899 real estate properties
in Baroda, MI,
with a median automated valuation model (AVM) price
of $314,236.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Baroda, MI, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Baroda, MI,
is $362,271.00, with the most expensive house
in Baroda, MI, topping out
at $2,268,793.00 and the cheapest home
in Baroda, MI,
clocking in at $13,416.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Baroda, MI!
Rent Prices
In Baroda, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Baroda, MI, is on
a rollercoaster ride. The
average rent price in Baroda, MI,
is $1,586.00. Indeed, when looking to rent in
Baroda, MI, you can expect to pay as little
as $920.00 or as much
as $2,240.00,
with the average rent median estimated to
be $1,580.00. The good news is that finding
an affordable and desirable property to rent in Baroda, MI
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.