Kentwood MI ~ Top Home Buys ~ February 2009

We have gathered a list of the Top Kentwood Home

Buys.  Please note: This list can change daily as some

homes sell, prices are  adjusted and other  homes come

on the market. The homes listed below are probably

dated and would need updating with new carpeting,

paint, and kitchen-bath redos at a minimum to bring

them to current market standards. They might need major

repair work done, such as new roofs & mechanicals.

 

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

 

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

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The total square footage is noted here, although only the

main floors are used to figure price per square foot.  The

lowest price/Sq Ft range from $26.79 to $57.71 here.

 February 2009  BEST BUYS in  Kentwood

The lowest list price is $29,900 and the highest list price is

$182,635

Top Kentwood Homes to Buy by Price per Square Foot:

44 Violet St SW           $ 34,400     774 Sq Ft   $44.44/SqFt

114 Peony St SW        $ 40,500   1489 Sq Ft   $27.20/SqFt

74 Hyacinth St SW      $ 54,900    1013 Sq Ft   $54.20/SqFt

62 60th St SW            $ 60,000    1352 Sq Ft   $44.38/SqFt

6729 College Ave SE  $ 44,000    1296 Sq Ft   $33.95/SqFt

1132 60th St SE         $ 56,900     986 Sq Ft   $57.71/SqFt

97 Roth St SE             $ 59,900    1100 Sq Ft  $54.45/SqFt

2179 32nd St SE        $ 49,900   1197 Sq Ft   $41.69/SqFt

3671 Kalamazoo SE   $139,900   2652 Sq Ft  $52.75/SqFt

2844 32nd St SE        $40,000      794 Sq Ft   $50.38/SqFt

4850 Raymond SE      $ 54,000    1000 Sq Ft  $54.00/SqFt

1730 Rondo St SE       $55,000    1180 Sq Ft   $46.61/SqFt

5670 Jefferson Ave     $55,800     962 Sq Ft    $58.00/SqFt

136 Nancy St SE         $ 59,000    1680 Sq Ft   $35.12/SqFt

990 52nd St SE          $ 59,900    1298 Sq Ft   $46.15/SqFt

2705 Ridgemoor Dr    $ 70,000    1505 Sq Ft   $46.51/SqFt

2527 32nd St SE        $ 94,900   2504 Sq Ft   $54.10/SqFt

5693 Kalamazoo        $ 93,600   1707 Sq Ft   $54.83/SqFt

439 Pine Place St SE  $ 99,850   1750 Sq Ft    $57.06/SqFt

1049 Springwood Dr  $110,000  2200 Sq Ft   $50.00/SqFt

5818 Pinetree Ave     $117,900   2200 Sq Ft   $53.59/SqFt

4533 Middlebury Dr    $182,635   3453 Sq Ft    $52.89/SqFt

190 56th St SW          $ 29,900   1116 Sq Ft    $26.79/SqFt

5713 Haughey Ave     $ 40,900    768 Sq Ft    $53.26/SqFt 

5706 Averill Ave          $77,400    1350 Sq Ft  $57.33/SqFt

 

If you would like a list of top best buys in your area, please

contact us through our web site:

Grand Rapids Ada Real Estate ~ Five Star Real Estate

Copyright 2009 All rights reserved

Forest Hills MI ~ Top Home Buys ~ February 2009

We have gathered a list of the Best Forest Hills Houses

to buy, based on price per square foot

Please note: This list can change daily as some homes sell,

prices are adjusted and other homes come on the market. 

The homes listed below are probably dated and would need

updating with new carpeting, paint, and kitchen- bath redos

at a minimum to bring them to current market standards. 

They might need major repair work done, such as new roofs

& mechanicals.

 

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

top best buys in forest hills mi homes for sale

The total square footage is noted here, although only the

main floors are used to figure price per square foot, not the

basement, even if finished. 

The lowest price/Sq Ft for homes range from $54.68 to $74.16

here in Forest Hills.

The lowest list price is $59,900 and the highest list price is

$236,537 for February 2009 homes in Forest Hills School District.

This list could include properties in Ada Township, Cascade

Township, Grand Rapids Township, Lowell Township, and the

city of Kentwood.

 

The Top Forest Hills Homes to Buy by Price per Square Foot:

976 Kenmoor Ave SE         $ 93,000     1254 Sq Ft   $74.16/SqFt

236 Ivanhoe Ave NE          $101,108   2500 Sq Ft   $65.83/SqFt

3310 Dean Lake NE           $ 59,900    1039 SqFt    $65.04/SqFt

378 Pettis Ave SE              $ 79,900    1300 Sq Ft   $61.46/SqFt

1417 Grand River Dr          $ 89,900    1248 Sq Ft   $72.04/SqFt

831 Honey Creek               $159,900  2913 Sq Ft   $54.89/SqFt

6224 Lincolnshire Ct          $ 74,400   1712 Sq Ft   $54.58/SqFt

5505 Whitneyville              $109,900  1536 Sq Ft   $71.55/SqFt

2205 Christine Ct SE         $179,900   2600 Sq Ft   $69.19/SqFt

3150 Hayward Dr              $189,900   2574 Sq Ft   $73.78/SqFt

6948 Maplecrest Dr           $194,900   3200 Sq Ft   $72.72/SqFt

3327 Hidden Hills Ave        $199,900   3400 Sq Ft   $68.93/SqFt

4714 Cutter Parkway        $ 99,950    1828 Sq Ft   $54.68/SqFt

3310 Midland Dr SE           $209,900   4000 Sq Ft   $59.46/SqFt

4271 Woodside Oaks Ct    $236,537  3453 Sq Ft   $68.50/SqFt

 

** = Top Best Buy per amount of Square  Footage

 

If you would like a list of Top Best Buys in your area, please contact

us through email or on our web site:

Grand Rapids Ada Real Estate ~ Five Star Real Estate

Copyright 2009 All rights reserved

Wyoming MI Ranch For Sale

Video Tour of 50’s Contemporary Style Ranch

3 Bedroom, 1 Bath  Home, 1130 sq ft

[youtube=http://www.youtube.com/watch?v=ZYweQAsKmsw&hl=en&fs=1]

Contact Terry Westbrook 1-888-240-1968 ext 0 for details.

See our other

~ Five Star Real Estate

Copyright 2009 all rights reserved

Kentwood MI Absorption Report ~ Jan 2009

Kentwood Michigan is a large suburb of Grand Rapids with a population

under 50,000. It has manufacturing, shopping centers, and lots and lots

of residential housing. Kentwood Public Schools are one of the largest

school systems in the area with over 9000 students and 16 buildings

within a 24.25 square mile area.

Kentwood High School Football Stadium

The downward trend of the last few years in Kentwood home sales

is still continuing this year. We are seeing  a slight price erosion from

last month’s figures. 

The upper end homes in Kentwood aren’t seeing the kind of activity

that the lower end homes are getting.  They are priced too high for

today’s timid buyers or it could be condition.  Your list price has to

be close to the sale price or your home just doesn’t get serious

buyer activity.  And if you still have the brown shag carpeting, you

will need to upgrade or lower your price.

 

In 2006, Kentwood has 495 home sales:avg sold price:$159,788. 

In 2007, Kentwood had 434 homes sales: avg sold price:$151,009.

In 2008, Kentwood had 722 home sales:avg sold price: $115,127.

 

Home sales for Kentwood$70,000 to $150,000 price range:

95 sold since September  2008. 

Kentwood Absorption Rate for this price range is 7.68 months,

at the current rate of sale (which means if no new listings come

on the market, it will take 7.68 months to sell the listed homes).

 

146 Active Kentwood Listings $70K- $150K

Average Kentwood sold price: $112,522 

Average Kentwood Sold Price per Sq Ft: $84.57

Average Kentwood List Price: $ 123,717

Average Kentwood List Price/SqFt: $ 98.58

 

Kentwood Home Sales – $150,000 to $400,000 Price Range

  27 Sold Homes since September 1, 2008 

Kentwood Absorption Rate for this price range is 17 months.

Average Kentwood Sold Price is $179,048

Average Kentwood Sold Price per Sq Ft is $89.38

Average Kentwood List Price: $ 187,977

Average Kentwood List Price/SqFt: $ 107.37

 

Kentwood MI Real Estate Market Report Dec 2008

Kentwood MI Real Estate Market Report Oct 2008

Kentwood MI Real Estate Market Report November 2007

Kentwood MI Real Estate Market Report January 2008

 

If you would like additional information about Kentwood  or

Grand Rapids Homes, please contact me directly.  These free

reports can be emailed to your inbox, contact me.

 

Grand Rapids Ada Real Estate  Five Star Real Estate LLC

Copyright 2009  All rights reserved

photo of Kentwood High School Football Stadium by Bonnie Westbrook

Grand Rapids Beer Joints Hoppin' in Feb

Winter Beer Festival

Sat. Feb 28, 2009  Noon – 5PM

White Caps Ball Park Comstock Park MI

Have you ever dreamed of drinking craft beers fresh from the brewers casks?

Would you enjoy tasting new brews and rubbing elbows with other beer

enthusiasts?  Well, set your calendars for Feb 28th in Grand Rapids, MI

Tickets are $ 35.00 which includes 12 drink tickets. Tickets are available at the following locations:

Whitecaps box office in Comstock Park
Rochester Mills Beer Co. in Rochester
Olde Peninsula Brewpub in Kalamazoo
Dragonmead Microbrewery in Warren
Old Hat Brewery in Lawton
Original Gravity Brewing in Milan
New Holland Brewing in Holland
The Livery in Benton Harbor
Walldorff Brewpub in Hastings
Kuhnhenn Brewing in Warren
Liberty Street Brewing in Plymouth
Sherwood Brewing in Shelby Township
Grizzly Peak in Ann Arbor
Schmohz Brewing in Grand Rapids
Siciliano’s Market in Grand Rapids
Corner Brewery in Ypsilanti
Arbor Brewing in Ann Arbor
Old Chicago Restaurant in Grand Rapids
Pauly’s Party Store in Lowell
Billy’s Lounge in Grand Rapids
Meanwhile Bar in Grand Rapids
Atwater Block Brewery in Detroit
HopCat in Grand Rapids

Here’s a few links to wet your whistle…..

Michigan Brewer’s Guild

 Beer Advocates

Grilling with Beer

Dress for the weather, this is an outside event.

 

Grand Rapids Real Estate ~ Westbrook Realty

Copyright 2009 All rights reserved

Grand Rapids Absorption Report ~ Clements Mill Jan 2009

Clements Mill is  a newer home development built by EastbrookConstruction in the Ada MI area, started in 1999 and completed in2003. Apart from newer homes, part of the appeal is the proximityof  Forest Hills Central Middle and High Schools, Forest Hills Woodlands 5/6 School, St Roberts & Ada Christian Schools, whichare within walking distance.Clements Mill is midway between the Village of Ada and Forest Hillsshopping area at Cascade Road and Forest Hills.Ada’s Clements Mill has seen steady to declining values in the shorttime it has been built out.  This is largely due to the current overabundance of houses for sale in a soft resale market.                  Clements Mill  Market Report

                     January 2009

           23 Sold,  7 For Sale, 12 Expiredbike trail on Ada Dr ada miClements Mill Active Listings: 7Average Active Price: $250,371Average Active Price/SqFt: $121.52Average Active Days on Market: 64 Clements Mill Sold Listings: 23Average Sold Price: $275,421Average Sold Price/SqFt: $122.27Average Days on Market: 103 Clements Mill Expired Listings: 12Average Expired Price: $263,408Average Expired Price/SqFt: $ 126.19Average Expired Days on Market: 165 Absorption Rate for Clements Mill homes is averaging1.9 sold homes per month for 2008/2009 to date.With 7 current listings, there is a 3.6 month supply. Clements Mill Market Report Nov 2008Clements Mill Market Report Sept 2008Clements Mill Market Report July 2008Clements Mill Market Report June 2008 The Ada area growth trends remain strong. Ada Township planner,Jim Ferro states that the Ada population has grown by 20% since2000. There is a new proposed 80 condo units Villas of Adaand Stone Falls of Ada a 210 unit apartment complex, currentlyopen & under construction here.  The Stone Falls of Ada apartmentprojectis adjacent to Clements Mill.  Both are scheduled for completion by spring 2009.If you have detailed questions about Ada Homes, Forest Hills Homes orjust need further information, please contact me directly. Grand Rapids Ada MI  Real Estate   Five Star Real Estate LLCCopyright 2009  All rights reservedAda Drive Walking Trail Photo by Bonnie Westbrook

Grand Rapids MI Absorption Report ~ Adacroft Commons ~ Jan 2009

The Ada area growth trends remain strong. Ada Township planner,Jim Ferro states that the Ada population has grown by 20% since2000. There is a new proposed 80 unit condo site – Villas of Adaand Stone Falls of Ada – a 210 unit apartment complex, currentlyunder construction here. Both of these new developments are quiteclose to Adacroft Commons.                   Adacroft Commons Real Estate                    January  2009 Market Report

            9 Sold, 0 For Sale, 10 Expired

Adacroft Commons Entrance Ada MI 49301Adacroft Commons Active Listings: 0Adacroft Commons Active Price – $Adacroft Commons Active Price/SqFt – $Adacroft Commons Active Days on Market – Adacroft Commons SOLD Listings: 9Adacroft Commons average sold price – $ 165,222Adacroft Commons average sold price/SqFt – $97.49Adacroft Commons average sold days on market -78 Adacroft Commons Expired Listings: 10Adacroft Commons average expired price – $ 186,410Adacroft Commons average expired price/SqFt – $ 134.36Adacroft Commons average days on market – 110 There are no current homes for sale in Adacroft Commonslisted on the local MLS board.  This is an extremely desirable areato live, with its close proximity to Forest Hills Central Middle &High Schools.  In the above stats you can see the $20,000disconnect between sellers and buyers, or $36 /SqFt. on themain floor.  If you would like to sell in this market, you have tobe priced at the current market price, not 2004 prices, IF you wantto sell your home.   Forest Hills MI Market Report Dec 2008 Adacroft commonsAdacroft Commons Market Report Oct 2008Adacroft Commons Market Report Aug 2008 If you have detailed questions or just need general informationabout Grand Rapids or Ada Homes, please contact me directly. If you would like to receive these monthly reports in your inbox,please contact us or subscribe to our RSS feed. Grand Rapids Ada MI Real Estate – Five Star Real EstateCopyright 2009 All rights reservedAdacroft Commons Entrance Photo by Bonnie Westbrook

Grand Rapids MI Absorption Report ~ Quail Crest Condos ~ Jan 2009

The Quail Crest Condo development is located west of Spaulding

and north of Burton Street in Cascade Township.  There is an

entrance off Spaulding Avenue and off Burton Street. This condo

development was started in the late 1980’s and continued building

into the late 1990’s. 

The condos are spacious with cathedral ceilings and many have

finished lower levels with extra bedrooms and baths. This area

has been very attractive for retirees, as they are close to all the

local amenities and shopping but no house maintenance. Forest

Hills Public Schools are the school district,Watermark Country Club,

Forest Hills  & 28th Street shopping are a short distance away.

The miles of Cascade-Ada Bike/Walking Trail

connects to downtown Cascade, downtown Ada, and 28th St. 

Quail Crest Condos Entrance Cascade MI

  Quail Crest Condominiums Real Estate  Market Report 

                         January 2009

              3 Sold,  8 For Sale, 2 Pending, 5 Expired

 

Quail Crest Condos Active Listings: 8

Quail Crest Condos Average Active Price – $191,000

Quail Crest Condos Average Active Price/SqFt – $ 136.61

Quail Crest Condos Average Active days on market 157

 

Quail Crest Condos Sold Listings: 3

Quail Crest Condos average sold price – $274,167

Quail Crest Condos average sold price/SqFt – $ 167.48

Quail Crest Condos average days on market – 89

 

Quail Crest Condos Expired Listings: 5

Quail Crest Condos average expired price – $202,160

Quail Crest Condos average price/SqFt – $ 147.35

Quail Crest Condos average days on market – 146

 

The absorption rate for Quail Crest Condos is 20 months, which

means if no new listings come on the market, it will take 20 months

for the current inventory of homes to sell at the current rate of sales.

This is very high for the Grand Rapids Market, which means either prices

are too high for today’s buyer, or there is a glut of condos on the market.

 

 

Quail Crest Condos Dec 2008  Market Report

Quail Crest Condos Oct Market Report

Quail Crest Condos Sept Market Report

Quail Crest Condos July Market Report

 

 

If you have further questions about Grand Rapids or

Cascade MI Condos, please contact me directly.  We can

also have these monthly market reports emailed to your

inbox, just contact us.

 

Grand Rapids Ada MI Real Estate  – Five Star Real Estate 

Copyright 2009  All rights reserved

photo of Quail Crest Entrance by Bonnie Westbrook

Grand Rapids MI Absorption Report ~ Centennial Park Condos ~ Jan 2009

Centennial Park Meadows Condominiums are located just off 28th Street

and Thornapple River Dr. in Cascade, Michigan. The Condos wrap around

the  Centennial Golf Course and community.

This private par 70 golf course has plenty of challenges for golfers at

every level.  This community also has a clubhouse and restaurant for

members.

We have relocated several clients into this community and they find it a

wonderful place to live. Just minutes from 28th Street & Cascade shopping,

dining and amusements, you are centrally located but tucked away from

the bustle of the area for quiet, serene living and easy access to golf.

golf bag, putter, hat and golf balls

                          Centennial Park Meadows Condos 

                             Real Estate Market Report

                                    January 2009

               13 For Sale,  0 Pending,  6 SOLD, 13 Expired

 

Centennial Condos Active Listings: 13

Centennial Condos Active Average Price $265,385

Centennial Condos Active average $/SqFt – $ 135.19

Centennial Condos Active average days on market 121

 

Centennial Condos Sold Listings: 6

Centennial Condos Sold average price – $ 117,342

Centennial Condos Sold average $/SqFt – $ 79.07

Centennial Condos Sold average days on market – 69

 

Centennial Condos Expired Listings: 13

Centennial Condos Expired average price – $ 240,115

Centennial Condos Expired average $/SqFt – $ 143.98

Centennial Condos Expired average days on market – 160

 

The Absorption Rate for Centennial Park Condos is 19.5 months,

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

19.5 months for the existing condos to sell at the current rate

of sales.  This is a high number for Grand Rapids, which reflects the

weak market for condos, over priced listings, or a combination

of both, which I believe is the case. [Note the disconnect between

the Expired price/SqFt and Sold price/SqFt].

 

Centennial Park Condos Market Report Dec 2008

Centennial Park Condos Market Report Oct 2008

Centennial Park Condos Market Report Sept 2008

Centennial Park Condos Market Report August 2008

 

 

If you would like information about Grand Rapids – Cascade MI Condos

or Grand Rapids – Cascade MI Homes, please contact me directly. 

If you would like this report emailed to your inbox every month, please

contact us.

Grand Rapids – Ada Real Estate – Five Star Real Estate

Copyright 2009  All rights reserved

photo of Golf Equipment by Bonnie Westbrook