Woodbriar Subdivision, Oxford Michigan is a 156 home subdivision in Oxford Michigan, south off Drahner Rd and west of M-24. The houses in Woodbriar Sub were built mostly in the late 90's-early 2000's (roughly 1998 - 2002). Woodbriar is made up primarily of colonials; part of the sub has Oxford Schools; part of the sub has Lake Orion schools. Other subdivision amenities include:
3 small parks
A short distance south of Woodbriar sub you can pick up I-75 and about 20 minutes north you hit I-69. Nearby are parks, tennis courts, ball diamonds, soccer fields, Centennial Park in downtown Oxford, shopping, golf...
If you couldn't afford a newer house in the Oxford Michigan area a few years ago, now is a good time to check out Woodbriar. The houses range in size from just over 1500 sq. ft. to just over 2400 sq. ft. They all have basements - some walk-outs, some standard basements, some finished. There are some fenced yards. So far this year the sold prices have ranged from $132,920-$183,000 (in 2004 they ranged from $205,000-$303,000). A house payment could be as low or lower than your current rent payment if you're currently renting. For step up buyers- you may be able to rent your current home and sell it when the market improves. FHA loans are still available with a 3 1/2% down payment. And Oxford Michigan still qualifies for rural development financing- zero down payment; 100% financing.
Except for the 2 homes that sold for $102K and $106K the prices for 2009 and 2010 were pretty comparable ranging from $133,000-$189,000 in 2010 and from $137,000-$218,000 in 2009. The sale for $218,000 in 2009 was the only sale over $200,000. There were more sales in 2010 than in 2009 due to the distressed sales- 4 bank owned sales, 3 short sales and 4 regular sales in 2010. In 2009 there were no bank owned sales, 2 short sales and 5 regular sales.
In 2010 3 houses leased for $1400/month, $1500/month and $1600/month. There is currently 1 sale pending- a "regular" home asking $159,900, and there are 0 active listing in Woodbriar.
For more information about Woodbriar Sub or for a list of homes currently for sale, please don't hesitate to contact me.