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CondominiumResidential
$718,564$261 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

1540 BALSAM WAY

MILFORD, MI 48381
4
Beds
2.5
Baths
2,753 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
2.56 ac
Lot SizeThe size of the land the home sits on, from county records.
1993
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
9
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$719K
$670K low$767K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,364 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$386,050 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$343,440
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$772,100

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.57 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Contemporary
CountyOAKLAND
Lot (acres)The size of the land the home sits on, from county records.2.56
ConstructionThe main material the home's frame and walls are built from.Brick
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 17 ft²Patio · 424 ft²Porch · 204 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Johnson Elementary SchoolB-
Elementary · Grades KG–5 · 2.8 mi
M
Muir Middle SchoolA-
Middle · Grades 6–8 · 3.8 mi
H
Milford High SchoolA
High · Grades 9–12 · 5.0 mi

District: Huron Valley Schools

Neighborhood · ZIP 48381These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.84
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.22

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.30%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.13,763
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.665 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$98,215
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$128,072
Average tempThe average temperature here across a full year.47°F
Annual precipHow much rain and melted snow falls here in a typical year.31 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.53%

Owner Tools

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1540 Balsam Way measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 89% of homes in Milford 48381
  • Costs more per square foot than 77% of homes in Oakland County
  • Bigger than 84% of homes in Milford 48381
  • Has a bigger lot than 91% of homes in Oakland County
  • Newer than 77% of homes in Oakland County

What homes are worth in Milford 48381

Each bar is how many homes fall in that price range. The marker is this home.

This home
$230K$990K

This home is worth more than 89% of homes in Milford 48381.

How it measures up in Milford 48381

The dot is this home. The mark in the middle is the typical home in Milford 48381.

Estimated value$718,564
CheaperTypical $462,430Pricier

Pricier than 89% of homes nearby

Price per ft²$261
CheaperTypical $236Pricier

Pricier than 72% of homes nearby

Living area2,753 ft²
SmallerTypical 1,987 ft²Bigger

Bigger than 84% of homes nearby

Lot size2.56 ac
SmallerTypical 1 acBigger

Bigger than 84% of homes nearby

Year built1993
OlderTypical 1989Newer

Newer than 62% of homes nearby

How 1540 Balsam Way ranks against every home in each area.
MeasureThis homeMilford 48381Oakland County
Estimated valuepricier than$718,56489% of homes89% of homes
Price per ft²pricier than$26172% of homes77% of homes
Living areabigger than2,753 ft²84% of homes84% of homes
Lot sizebigger than2.56 ac84% of homes91% of homes
Year builtnewer than199362% of homes77% of homes

About 1540 Balsam Way

How much is 1540 Balsam Way, Milford, MI worth?

The TopHap Estimate for 1540 Balsam Way, Milford, MI is $718,564 as of Sep 24, 2026. The likely range is $670,424 to $766,704. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1540 Balsam Way, Milford, MI last sell?

1540 Balsam Way, Milford, MI last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 1540 Balsam Way, Milford, MI?

1540 Balsam Way, Milford, MI has 4 bedrooms, 2.5 bathrooms, 2,753 square feet of living space and a 2.56-acre lot.

When was 1540 Balsam Way, Milford, MI built?

1540 Balsam Way, Milford, MI was built in 1993, making it 33 years old. It is a contemporary home. The building has 2 stories.

What schools serve 1540 Balsam Way, Milford, MI?

1540 Balsam Way, Milford, MI is assigned to Johnson Elementary School (elementary), rated B-; Muir Middle School (middle), rated A-; Milford High School (high), rated A. All sit in Huron Valley Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1540 Balsam Way, Milford, MI compare to other homes in Milford 48381?

Among the 5,070 homes in Milford 48381, it is worth more than 89% of them ($718,564 against a typical $462,430), its price per square foot is higher than 72% of them ($261 against a typical $236), it is bigger than 84% of them (2,753 ft² against a typical 1,987 ft²), its lot is bigger than 84% of them (2.56 ac against a typical 1 ac) and it is newer than 62% of them (1993 against a typical 1989). Measured against all of Oakland County, it is worth more than 89% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1540 Balsam Way, Milford, MI?

The 2025 property tax bill for 1540 Balsam Way, Milford, MI was $4,364. The county assessed it at $386,050.

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