2006 was a different era in Detroit real estate. Pre-recession people actually built new homes from the ground up. Post recession that still rarely happens here, and when it does it is more likely to be a habitat for humanity-type home than a market rate one. So here's your pre-recession remnant now on the market in Hubbard Farms. It is not particularly remarkable, though that plastic pool in the yard does say kiddie party to us. In 2006 it sold for $93,000. Today it is asking $139,900. It is three-bedroom, one an a half bathrooms and has 1,500 square feet. While the recession sure sucked, this home isn't entirely making us miss new construction Detroit.
· 1455 25th Street [Michigan Homes]