Tamarron Estates is an upscale suburban development with large

wooded lots, walking access to Thornapple Elementary School and

the Thornapple River Backwaters.  It is located just off of

Thornapple River Drive and Cascade Road in Cascade Township.

The house styles vary from large, comfortable ranches, traditional

two stories, to contemporary homes.  Many of the homes were built

in the late 1970’s to the mid 1980’s, though there is a new street

that has much newer homes on acreage settings.  Some houses close

to and surrounding this development are in the upper price brackets

in the Grand Rapids real estate market.

                    Tamarron Residential Real Estate 

                      December 2008 Market Report

                      5 Sold,  7 For Sale, 7 Expired

Tamarron Active Listings: 7

Tamarron Average Active Price – $ 500,329

Tamarron Average Active Price/SqFt – $ 137.25

Tamarron Average Active Days on Market – 138

Tamarron  SOLD Listings: 5

Tamarron  Average Sold Price – $ 339,480

Tamarron Average Active Price/SqFt – $ 98.11

Tamarron Average Sold Days on Market – 63

Tamarron Expired Listings: 7

Tamarron Average Expired Price – $ 265,629

Tamarron Average Expired Price/SqFt – $ 112.74

Tamarron Average Expired Days on Market – 124

234 homes have sold in Cascade Township in 2008

Average home selling price is $306,712

At the current selling rate, we have an Absorption rate of 16.8 months,

which means if no new listings come on the market, it will take 16.8 months

to clear the current supply of homes.

MARKET SYNOPSIS: Tamarron homes are selling but not at the prices that

some sellers would like to see. Today’s market is accepting homes under

$100.00 a sq ft. This is a price reduction for this area.  As you can see,

most sellers think their homes will sell at $ 137 a sq ft. This isn’t happening.

Even the expired listings aren’t selling at $ 112.00 a sq ft. If you have to

sell your Tamarron Estates home now, be sure you are price competitively with

other properties on the market. Condition plays a large factor in these older

homes.  If you haven’t updated, you aren’t going to get top dollar for your

home, the market place is telling you that you need to be at $ 100 a sq ft or

less to see your home sell.

Cascade Township has seen tremendous growth in the last fifty

years, though the growth rate has slowed considerably since 2000.

The majority (82%) live in a single family home, and the median

value is  $220,00.  Household incomes in Cascade Township are the

highest among surrounding Grand Rapids areas at $ 87,290.  Most

people in Cascade Township prefer to live here because of the quality

housing, safe areas, and quality schools.

Tamarron Estates Market Report June 2008

Tamarron Estates Market Report July 2008

Tamarron Estates Market Report August 2008

Forest Hills Market Report Sept 2008

Tamarron Estates Market Report Oct 2008

Tamarron Estates Market Report Nov 2008

If you have questions about the value of your Cascade or Forest Hills

Home, please contact me directly.

Grand Rapids -Ada Real Estate  Copyright 2008 All rights reserved

Photo of Tamarron North Entrance by Bonnie Westbrook

Caravelle Village is an established subdivision built in the late 1960’s

and 1970’s just south of Burton Street, east of Kraft Avenue and west

of Cascade Road in Cascade Township.  These Grand Rapids Homes

have the traditional mix of two stories, tri-levels and ranches.  A desirable

place to live with median priced homes, Forest Hills Schools, and close to

28th shopping and restaurants. Originally built by a variety of builders, the

homes here are quality construction in a safe neighborhood and close to

the historic village of Cascade and 28th Street shopping.

           Caravelle Village Residential Real Estate

                       October 2008 Market Report

                   4 For Sale, 7 SOLD, 3 Expired

Caravelle Village Active Listings:

Caravelle Village Average Active Price – $ 188,675

Caravelle Village Average Active Price/Sq Ft – $ 131.17

Caravelle Village Average Days on the Market – 131

Caravelle Village SOLD Listings:

Caravelle Village Average Sold Price – $ 183,071

Caravelle Village Average Sold price/SqFt – $ 128.21

Caravelle Village Average Sold Days on the Market – 62

Caravelle Village Expired Listings: 3

Caravelle Village Average Expired Price – $194,867

Caravelle Village Average Expired Price/SqFt – $128.00

Caravelle Village Average Expired Days on the market – 115

At the current rate of sales, we have a 6 month supply of homes in

Caravelle Village, if no new homes come on the market.

MARKET SYNOPSIS: Not much new activity for Caravelle Village this month.

The average listed price is coming down, but the average expired price has

risen. ( Note:Most sellers don’t realize the CRUCIAL difference the correct listed

price makes in selling your home. If you are priced over the market, your

home will have a reduced chance of selling at your asking price. Your home

will not be considered a viable commodity until the price is at the average

selling price per square foot for your area.  That is the market place today.)

This is a popular area for home buyers, but your home must be in top notch

condition and priced to sell in todays market.

234 Cascade Township homes have sold in 2008 

The 2008 average Cascade Township home price is $306,712

Caravelle Village Market Report June 2008

Caravelle Village Market Report July 2008

Caravelle Village Market Report August 2008

Forest Hills Schools Market Report Sept 2008

Caravelle Village Market Report Oct 2008

Grand Rapids -Ada Real Estate – Five Star Real Estate 

Copyright 2008  All rights reserved

photo of Cascade Town Hall Gardens by Bonnie Westbrook