Bakers, Lansing, MI Homes for Sale 

Bakers, Lansing, MI Homes for Sale July 18, 2024
16
Listed
75
Avg. DOM
$74.13
Avg. $ / Sq.Ft.
$82,450
Med. List Price
16 Properties
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Overview of Bakers, Lansing

Welcome to Bakers, a vibrant neighborhood nestled in Lansing, Michigan, known for its welcoming community and attractive amenities. Bakers offers a blend of residential charm and accessible conveniences, making it a sought-after location for families and professionals alike. The neighborhood prides itself on a diverse range of homes, from traditional mid-century houses to newer constructions, providing options for various tastes and budgets.

Community Atmosphere

The Bakers community is characterized by its friendly residents and well-organized neighborhood events. Community gatherings and seasonal festivals contribute to the tight-knit atmosphere, making it easy for newcomers to feel right at home.

Local Amenities

Residents of Bakers enjoy a variety of local amenities including parks, local eateries, and boutique shops. Essential services such as grocery stores and medical facilities are conveniently located, ensuring everything you need is just a stone's throw away.

Recent Market Trends in Bakers, Lansing

The real estate market in Bakers has seen dynamic changes over the past year, reflecting broader trends in Lansing's housing market. The average home price in the neighborhood currently stands around $275,000, with properties typically staying on the market for approximately 20 days.

Market Dynamics

Factors such as low interest rates and a growing demand for homes in suburban areas have contributed to a brisk market. The average price per square foot has risen to about $150, indicative of the area's increasing desirability.

Economic Influences

Local economic growth, driven by expansions in the healthcare and educational sectors, has bolstered the housing market. Increased employment opportunities have attracted many to the area, sustaining demand for housing in Bakers.

Home Types and Architectural Styles in Bakers, Lansing

In Bakers, Lansing, prospective homeowners can find a delightful mix of architectural styles and home types, ranging from charming bungalows to spacious modern farmhouses. This diversity reflects the area's rich history and ongoing development.

Architectural Styles

The neighborhood features a variety of styles including Craftsman, Colonial, and mid-century modern homes. Craftsman homes, known for their intricate woodwork and large porches, are particularly popular, offering both aesthetic appeal and functional design.

Types of Construction

Construction types in Bakers vary, with many homes built using durable materials like brick and stone, ensuring longevity and low maintenance. Newer properties often incorporate energy-efficient materials and technologies, appealing to environmentally conscious buyers.

Detailed Look at Property Sizes and Layouts

Bakers offers a wide range of property sizes, catering to different family sizes and lifestyle needs. Homes in the area typically feature generous lot sizes, averaging around 0.25 acres, providing ample outdoor space for gardening and recreation.

Interior Features

Interior layouts generally include three to four bedrooms, with homes ranging from 1,200 to over 2,500 square feet of living space. Many homes have been upgraded with modern amenities such as stainless steel appliances, granite countertops, and hardwood floors, adding to their charm and functionality.

Additional Amenities

Beyond basic features, some homes in Bakers boast additional amenities like finished basements, attached garages, and outdoor entertainment areas, making them ideal for family gatherings and social events.

Price Range and Investment Opportunities

In the Bakers neighborhood of Lansing, home prices vary widely, offering opportunities for a range of budgets. Prices generally start around $190,000 for cozy, smaller homes and can go up to $350,000 for larger, newly renovated properties. This range makes Bakers an excellent choice for first-time homebuyers and seasoned investors alike.

Investment Potential

The area's growing popularity has led to a steady appreciation in home values, with an average increase of 5% per year over the past five years. This trend is expected to continue, driven by ongoing local economic development and the neighborhood's appeal to families and professionals.

Local Amenities and Lifestyle

Bakers is not just about comfortable living spaces; it's also about a lifestyle that caters to convenience and quality. The neighborhood is equipped with a variety of amenities that contribute to a high standard of living.

Schools and Education

Top-rated schools such as Lansing Elementary and Lansing High School serve the Bakers community, providing excellent educational opportunities from kindergarten through 12th grade. These institutions are known for their strong academic programs and commitment to student success.

Recreation and Leisure

For recreation, residents have easy access to several parks, including Bakers Park, which features walking trails, sports facilities, and picnic areas. Local restaurants and cafes offer a range of dining options, from casual eats to gourmet experiences, enhancing the neighborhood's vibrant social scene.

Comparative Analysis with Nearby Neighborhoods

When compared to nearby neighborhoods like Eastwood or Colonial Village, Bakers stands out for its affordability and community vibe. While similar homes in Eastwood might range from $220,000 to $400,000, Bakers offers a more accessible entry point without sacrificing quality or amenities.

Unique Selling Points

Bakers is particularly appealing for its blend of historic charm and modern conveniences. Many homes boast large yards and mature trees, a rarity in more densely populated nearby areas. Additionally, its strategic location provides quicker access to major highways and downtown Lansing, enhancing its appeal to professionals working in the city.

Insights on Upgrades and Home Improvements

Many homeowners in Bakers have invested in substantial upgrades that enhance both the functionality and aesthetic appeal of their properties. These improvements not only make the homes more comfortable but also contribute to property value appreciation.

Common Upgrades

Popular upgrades in the neighborhood include kitchen remodels with high-end appliances, bathroom renovations with modern fixtures, and the addition of energy-efficient windows and insulation. These enhancements reflect the community's commitment to maintaining a high standard of living while embracing sustainable practices.

Home Amenities

Further amenities that attract buyers include state-of-the-art home security systems, landscaped gardens, and custom-built outdoor entertainment areas. These features make Bakers homes not just a place to live but a lifestyle choice for discerning buyers looking for quality and comfort.

County and Local Tax Implications

Understanding the financial implications of property ownership in Bakers, Lansing is crucial for prospective buyers. The property taxes in Lansing are generally around 1.5% of the home's assessed value, which is competitive when compared to other regions in Michigan. This rate supports various local services and infrastructure, contributing to the overall quality of life in the area.

Impact of Taxes on Homeownership

For a home valued at $250,000 in Bakers, annual property taxes would be approximately $3,750. These funds are allocated to public schools, road maintenance, and public safety, directly benefiting homeowners by enhancing local amenities and services.

Future Outlook for Bakers, Lansing

The future looks promising for Bakers, Lansing with ongoing developments and enhancements in local infrastructure planned. The real estate market is expected to remain robust, driven by the area's appeal to both young professionals and families looking for a balanced urban-suburban lifestyle.

Why Bakers is a Worthwhile Investment

With its strategic location, community-focused lifestyle, and ongoing growth, Bakers represents a solid investment opportunity. The neighborhood's commitment to maintaining high living standards and the potential for property value appreciation make it an attractive option for real estate investment and residency.

In summary, Bakers in Lansing, MI offers a unique blend of residential charm and practical amenities, making it a highly desirable place to live. With a range of housing options, competitive prices, and a supportive community environment, Bakers stands out as a top choice for anyone looking to buy a home in Lansing. The area’s strong market trends, investment potential, and local amenities contribute to its appeal, promising a vibrant and prosperous future for its residents.