Forest Hills Michigan Neighborhood Real Estate Market Report Adatowne Jan-Dec 2010

Posted on February 21, 2011 by Terry & Bonnie

Forest Hills Michigan Neighborhood Real Estate Market Report Adatowne Jan-Dec 2010

Adatowne is a popular entry level home market in the Ada area

of the Greater Grand Rapids metropolitan area. Part of the appeal is

the proximity of Ada Elementary, Forest Hills Central Middle and High

Schools, Ada Christian Schools, St Roberts School and being close

to the village of Ada. Adatowne is an established subdivision, started

in the early 1970′s by E.L. Ladd Builders of Ada.

I have held many open houses in these plats and sold many of

the homes as new construction – to be built. If you doubt the power

of your home as an investment, a basic ranch in Adatowne (about

1000 sq ft) sold for $ 19,900 in 1975.

Adatowne Residential Neighborhood in Ada, Michigan

Jan- December 2010 Real Estate Market Report

4 Sold, 0 Pending, 1 For Sale

Adatowne Active Listings: 1

Adatowne Pending: 0

Adatowne Sold Listings: 4

Average Sold Price – $ 129,732

Average sold price/SqFt – $92.46

Average Sold days on market –205

Absorption Rate = 3 months

MARKET SYNOPSIS: With only one listing currently, it looks

like not much inventory to choose from in this popular

neighborhood. Price per square foot has went up for sold

homes this year, though average sold price went down by 3%.

With home buyers still in the driver’s seat, price and condition

continue to tell the “sold” story.

SEARCH FOREST HILLS HOMES

Additional Ada Michigan Articles:

Ada Michigan Real Estate Reports

If you would like more information about Ada or Grand Rapids

Homes, please feel free to contact me directly.

Grand Rapids Ada MI Real Estate – Westbrook Realty

Photo of Ada MI Walking Trail by Bonnie Westbrook

_____________________________________________________________________________________________________

The authors of the this blog write about Grand Rapids Real Estate,

the Greater Grand Rapids MI area, and what it is like to live in

West Michigan. Grand Rapids Michigan is a vibrant, growing

metropolitan area with a diverse business community, great medical

research & services, numerous universities, plus lively arts and

entertainment of all kinds.

We believe: Grand Rapids is a Great Place to Live!

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

Ada Michigan Neighborhood Real Estate Market Report – Adacroft Commons Jan-Dec 2010

Posted on February 18, 2011 by Terry & Bonnie

Ada Michigan Neighborhood Real Estate Market Report – Adacroft Commons Jan–Dec 2010

Adacroft Commons is a sub-division off Ada Drive in Ada Township.

It is close to Forest Hills Central Middle & High School (walking distance)

Forest Hills 5/6 School on Alta Dale, and Ada Christian School off Ada Drive.

Just a short drive to Ada Elementary School off Ada Drive in Ada MI.

Active Listings: 4

Average List Price – $208,650

High - $ 279,900 Low – $ 159,900

Active Price/SqFt – $121.89

Active Days on Market –158

SOLD Listings: 4

Average Sold Price – $ 158,034

High – $169,637 Low – $137,000

Average Sold Price/SqFt – $106.84

Average Sold Days on Market –141

Market Synopsis: Adacroft Commons Homes are selling,

though sales activity has slowed considerably. Sold prices are

slightly lower than last year. The key is “Home Condition”. If you

still have the 1980’s and 90’s kitchen, baths, and decor, you aren’t

going to attract today’s buyer. Savvy buyers today want upgrades,

current amenities, and no home repairs to do after closing.

Additional Forest Hills Articles:

Forest Hills Schools Post Outstanding MEAP Scores

Forest Hills Michigan Articles

Search for Forest Hills MI Homes

If you have detailed questions or just need general information

about Grand Rapids or Ada Homes, please contact me directly.

terry@terrywestbrook.com

or call 1-888-240-1968 ext 0

Adacroft Commons Entrance Photo by Bonnie Westbrook

____________________________________________________________________________________________________

The authors of the this blog write about Grand Rapids Real Estate,

the Greater Grand Rapids MI area, and what it is like to live in West

Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities, plus lively arts and entertainment of all kinds.

We believe: Grand Rapids is a Great Place to Live!

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Neighborhood Real Estate Market Report – Hidden Hills Jan-Dec 2010

Posted on February 18, 2011 by Terry & Bonnie

Forest Hills Michigan Neighborhood Real Estate Market Report – Hidden Hills Jan-Dec 2010

Hidden Hills is an established neighborhood of homes off Cascade Road

and 30th Street in Cascade Township, Michigan, a suburb of Grand Rapids.

Home construction started here in the 1960′s housing boom in the Forest

Hills School District and has continued through to today. There are new

homes still being built in this neighborhood.

Mid-size homes with quality construction are the rule, this suburban

sub-division area has been a desirable place to live in the Grand Rapids home

market for many years.

Hidden Hills Cascade Township Jan-Dec 2010

Hidden Hills Active Listings 4

Average Active Price: $ 223,425

High – $314,900 Low – $ 109,900

Average Active Price Per Sq Ft: $ 96.95

Active Average Days on Market: 130

Hidden Hills Sold Homes 16

Average SOLD Price: $ 342,118

High – $ 1,200,000 Low – $ 119,900

Average SOLD Price Per Sq Ft: $ 126.38

Average SOLD Days on the Market: 156

Pending Sold Homes: 2

MARKET SYNOPSIS: Hidden Hills average SOLD home price has

bounced back somewhat from last year’s lows but the average sold

price is still declining slightly. Time on the market has really increased

though activity was good for the year.

Search for Forest Hills MI Homes

Articles about Forest Hills :

Forest Hills Schools Post Outstanding MEAP Scores

Forest Hills Michigan Articles

Forest Hills Michigan Real Estate

If you would like further information about Cascade Homes or

Forest Hills homes, please contact me directly.

photo of Cascade Walking Trail by Bonnie Westbrook

____________________________________________________________________________________________________

The authors of the this blog write about Grand Rapids Real Estate,

the Greater Grand Rapids MI area, and what it is like to live in West

Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities, plus lively arts and entertainment of all kinds.

We believe: Grand Rapids is a Great Place to Live!

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

Forest Hills Michigan Neighborhood Real Estate Market Report – Clements Mill Jan-Dec 2010

Posted on February 17, 2011 by Terry & Bonnie

Forest Hills Michigan Neighborhood Real Estate Report Clements Mill Jan-Dec 2010

Clements Mill is a newer home development built by Eastbrook

Construction in the Ada MI area, started in 1999 and completed in

2003. The average home in Clements Mill is a 4 bedroom, though 3 and

5 bedroom homes are also available. Besides being newer and larger,

most of the appeal is the proximity of Forest Hills Central Middle &

High Schools, Forest Hills Woodlands 5/6 School, St Roberts & Ada

Christian Schools, and Ada Elementary School, which are all a short

distance away, and all part of the Forest Hills Schools system, an

award winning school district.

Clements Mill is midway between the Village of Ada and Forest Hills

shopping area at Cascade Road and Forest Hills. This subdivision continues

to be a desired location for local residents to live.

Clements Mill Market Report Jan – Dec 2010

18 Sold, 1 Pending, 2 For Sale

Clements Mill Active Listings: 2

Average Active Price: $246,200

Average Active Price/SqFt: $114.72

Average Active Days on Market: 132

Clements Mill Sold Listings: 18

Average Sold Price: $210,238

High – $317,000

Low – $ 135,000

Average Sold Price/SqFt: $112.19

Average Days on Market: 75

Clements Mill homes are selling, though the higher priced

homes are not selling as fast, and all prices have seen

decreases overall in this market.

Average list price is higher that average sold price,

which means that prices are still not stabilized in the market.

Homes in Clements Mill run from townhomes & condos to

large residential houses.

Additional Forest Hills Articles:

Forest Hills Schools Post Outstanding MEAP Scores

Forest Hills Michigan Articles

Forest Hills Michigan Real Estate Reports 2010

Search for Forest Hills MI Homes

If you have questions about Ada Homes, Forest Hills

Homes or just need further information, please contact me

directly: terry@terrywestbrook.com or call 1-616-292-7263

Clements Mill Ada Michigan

_____________________________________________________________________________________________________

The authors of the this blog write about Grand Rapids Real Estate,

the Greater Grand Rapids MI area, and what it is like to live in West

Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities, plus lively arts and entertainment of all kinds.

We believe: Grand Rapids is a Great Place to Live!

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Neighborhood Real Estate Market Report – Watermark Residences Jan-Dec2010

Posted on February 17, 2011 by Terry & Bonnie

Forest Hills Michigan Neighborhood Real Estate Market Report

Watermark Residences Jan-Dec 2010

Watermark single family homes and condos make this a very

attractive place to live. Quality built luxury executive homes, luxury

condo homes and a few townhouses have access off Cascade Road

and Spaulding Drive with a privacy gate at both entrances. If you

live at Watermark you are close to the airport, 28th Street shopping,

I96 expressway and close to Cascade, Ada, and Forest Hills schools

and shopping areas. Many of the homes have golf course frontage

on Watermark Country Club, a private course with a public restaurant.

ar124092290064911 Forest Hills Michigan Neighborhood Real Estate Market Report – Watermark Residences Nov 2010

Watermark Residences Jan-Dec 2010 Real Estate Market Report

Homes For Sale: 4

High – $655,000

Low – $344,460

Average List price – $ 452,315

Average days on the market – 217

Homes Pending: 2

Homes Sold: 9

Average Sold price – $ 379,114

High – $ 479,000

Low – $ 235,000

Average price per sq ft – $181.76

Average days on the market –149

Average % of Sale Price to List Price – 95.52

We have a 5.5 month Absorption Rate at the Watermark Residences.

Sales are happening but prices seem to be still inching downward, especially

in the upper price brackets. If you want to sell your Watermark home, it

must be priced right for today’s buyers.

SEARCH for FOREST HILL HOMES

Additional articles you might like:

Forest Hills Michigan Real Estate

Watermark CC Golf Pro ~ Mark Wilson

Watermark Country Club ~ Pool Time

The Grille Restaurant at Watermark

If you would like further information about Watermark Residences

Cascade or Forest Hills Homes, please contact me directly:

1-888-240-1968 ext 0

_____________________________________________________________________________________________________

The authors of the this blog write about Grand Rapids Real Estate, the Greater Grand Rapids MI area, and what it is like to live in West Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities,plus lively arts and entertainment of all kinds.

We believe: Grand Rapids is a Great Place to Live!

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

What Will $1 Million Buy in a West Michigan Home?

Posted on February 17, 2011 by Terry & Bonnie

What Will $1 Million Buy in a West Michigan Home?

We all like to fantasize about what we would do if we won the lottery

and had millions to spend. Or inherited mega bucks from a distant

relative that we didn’t know about. I’ll bet one of the first things

most people would do is move into a home of their dreams. This

could be a log cabin in the woods, a large home on a manicured golf

course or a palatial estate on the big lake.

Grand Rapids = 11 homes
East Grand Rapids = 6 homes
Ada Michigan = 3 homes
Caledonia = 1 home
Holland = 14 homes
Spring Lake = 9 homes
North Muskegon = 2 homes
Saugatuck = 8 homes
Ludington = 4 homes
Grand Haven = 9 homes

With a total of 66 homes over $ 1 million, you should be able to find

something that fits your dreams in a home in West Michigan.

___________________________________________________________________________________________________

The authors of the this blog write about Grand Rapids Real Estate,

the Greater Grand Rapids MI area, and what it is like to live in West

Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities, plus lively arts and entertainment of all kinds.

We believe: Grand Rapids is a Great Place to Live!

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Top Best Buy Homes – Feb 2011

Posted on February 16, 2011 by Terry & Bonnie

Forest Hills Michigan Top Best Buy Homes – Feb 2011

Forest Hills Michigan Top Best Buy Forest Hills Homes

(Ada-Cascade) to buy, based on price per square foot.

The homes listed below might need updating with new carpeting,

paint, and kitchen–bath redos at a minimum to bring them to

current market standards.

These homes might also need major repair work done, such

as new roofs, new plumbing, electrical & other major mechanicals.

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.

This list could include properties in Ada Township, Cascade

Township, Grand Rapids Township, Lowell Township, and the

city of Kentwood.

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

prices are adjusted and other homes come on the market.

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

6100 Cascade Rd $ 60,000 1389 Sq Ft $43.20/SqFt

1417 Grand River Dr $ 75,000 1248 Sq Ft $60.10/SqFt

1829 3 Mile Rd NE $ 86,885 1502 Sq Ft $57.85/SqFt

4485 Whitneyville $ 89,000 1312 Sq Ft $67.84/SqFt

2114 Elmer Dr NE $ 89,900 1418 Sq Ft $63.40/SqFt

1739 Leffingwell Ave $ 98,000 1753 Sq Ft $55.90/SqFt

4326 Kenilworth Dr $ 99,000 1360 Sq Ft $72.79/SqFt

8338 Fulton St SE $ 99,900 1265 Sq Ft $78.97/SqFt

7359 Cascade Rd $109,900 1280 Sq Ft $85.86/SqFt

1824 Observatory Ave $119,900 1536 Sq Ft $78.06/SqFt

1981 Laraway Lake $129,750 1504 Sq Ft $86.27/SqFt

1157 Fernridge Ln $129,900 1542 Sq Ft $84.24/SqFt

2749 Indian Ridge Dr $129,900 1670 Sq Ft $77.78/Sq Ft

27 Robinhood Dr $134,900 2093 Sq Ft $64.45/SqFt

733 Crahen $139,900 2124 Sq Ft $65.87/Sq Ft

6534 Burger Ave $145,000 1836 Sq Ft $78.98/Sq Ft

2056 Burton Knoll Ct $149,900 1944 Sq Ft $77.11/Sq Ft

4191 Bradford St NE $150,000 1816 Sq Ft $82.60./SqFt

205 Shore Haven Dr $159,900 2672 SQ Ft $59.84/SqFt

3431 Cascade Rd $160,000 2500 Sq Ft $64.00/SqFt

7429 Linda Ave SE $159,900 1878 Sq Ft $85.14/SqFt

7213 Bronson St $160,000 1792 Sq Ft $89.29/SqFt

7648 Buccaneer Dr $169,900 2400 Sq Ft $70.79/Sq Ft

434 Adaway Dr $169,900 2000 Sq Ft $84.95/SqFt

4224 Woodside Oaks $190,000 2264 Sq Ft $83.92/SqFt

7042 Cascade Rd $224,900 2708 Sq Ft $83.05/SqFt

2324 Beatrice Dr NE $225,000 2690 Sq Ft $83.64/SqFt

7382 Treeline Dr SE $249,900 3800 Sq Ft $65.76/SqFt

8275 Bailey Dr SE $249,900 3192 Sq Ft $78.29/SqFt

3108 Colchester Dr $300,000 3660 Sq Ft $81.97/Sq Ft

More homes on the list this month, pricing seems to have

stabilized in Forest Hills. If you are willing to do repairs and update

a home, there are still some good buys at historically low interest

rates, though interest rates and mortgage requirements are rising.

(Rumors of 10% down for an FHA loan in the near future)

WARNING: Some of these homes may be bank owned foreclosures,

short sales and not habitable as is or available for a mortgage

in present condition.

Search For Forest Hills Homes

Grand Rapids Short Sale Homes

Grand Rapids Bank Owned Homes

Grand Rapids Michigan Sunday Open Houses 2-20-2011

Posted on February 16, 2011 by Terry & Bonnie

Grand Rapids Michigan Sunday Open Houses 2-20-2011

Sunday Open Houses are a great way to preview homes and take

a look at what is available for what price in a local area. The times

are usually 2 hours in length, sometimes longer, which gives you lots

of leeway if you want to see a few homes you weren’t planning on

visiting on the way.

Open Houses are an excellent way to see if buying a different home

is feasible or if you would be better off staying where you are. Price and

amenities in any local area should let you know if you are in the ball park

or not. If that killer bedroom suite you have been wishing for is only showing

up in homes way out of your price range, then it just isn’t an option. Time to

go home and give the master bedroom a new coat of paint, organize the

closet and let that dream go for now.

There are 74 Open Houses in Grand Rapids this Sunday:

GRAND RAPIDS MICHIGAN SUNDAY OPEN HOUSES FEB 20, 2011

Grand Rapids Michigan Neighborhood Real Estate Market Report – Centennial Park Condos Jan-Dec 2010

Posted on February 15, 2011 by Terry & Bonnie

Grand Rapids Michigan Neighborhood Real Estate Market Report – Centennial Park Condos April 2010

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.

Centennial Park Meadows Condos Real Estate Market Report

Jan – Dec 2010

9 For Sale 15 SOLD

Active Listings: 9

Active Average Price – $363,276

Active average $/SqFt – $ 140.62

Active average days on market – 201

High – $799,900 Low: $167,000

Sold Listings: 15

Sold average price – $ 144,083

Sold average $/SqFt – $ 90.72

Sold average days on market – 180

Low Sold Price – $ 82,500

High Sold Price – $ 273,395

Absorption Rate = 7.2 months

Sales prices are lower than year and price/square foot is also lower.

Sales are happening in Centennial but they aren’t as high as they

have been in the past. Condition may be a factor, as buyers have

many condos to choose from. Obviously distressed and foreclosure

sales bring the averages down.

SEARCH Grand Rapids Homes

Search Forest Hills Homes

photo of Golf Course by Bonnie Westbrook

____________________________________________________________________________________________________

The authors of the this blog write about Grand Rapids Real Estate,

the Greater Grand Rapids MI area, and what it is like to live in West

Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities, plus lively arts and entertainment of all kinds.

We believe: Grand Rapids is a Great Place to Live!

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Neighborhood Real Estate Market Report Tamarron Estates Jan-Dec 2010

Posted on February 15, 2011 by Terry & Bonnie

Forest Hills Michigan Neighborhood Real Estate Market Report Tamarron Estates Jan-Dec 2010

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 Jan-April 2010 Market Report

Tamarron Active Listings: 4

Average Price – $ 305,925

Average Price/SqFt – $ 120.34

Average Days on Market – 159

Tamarron SOLD Listings: 7

Average Sold Price – $ 388,986

Average Sold Price/SqFt – $ 110.10

Average Sold Days on Market – 193

% Sold Price to List Price – 92.12%

Absorption Rate = 6.9 months

MARKET SYNOPSIS: Tamarron homes are selling but not at the

prices that sellers would like to see. Today’s market is accepting

homes around $110.00/sq ft. A Tamarron Estates home will

take longer to sell and for less than most sellers anticipate.

Search Forest Hills Homes

Forest Hills Michigan Real Estate Market Reports

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

Home, please contact me directly: terry@terrywestbrook.com or

call me at 1-888-240-1968 ext 0

Photo of Swan Pair by Bonnie Westbrook

____________________________________________________________________________________________________

The authors of the this blog write about Grand Rapids Real Estate,

the Greater Grand Rapids MI area, and what it is like to live in West

Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities, plus lively arts and entertainment of all kinds.

We believe: Grand Rapids is a Great Place to Live!

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

Grand Rapids Real Estate

Grand Rapids Real Estate Information

Category Archives: Forest Hills Michigan Real Estate

Forest Hills Michigan Neighborhood Real Estate Market Report Adatowne Jan-Dec 2010

Forest Hills Michigan Neighborhood Real Estate Market Report Adatowne Jan-Dec 2010

SEARCH FOREST HILLS HOMES

Ada Michigan Neighborhood Real Estate Market Report – Adacroft Commons Jan-Dec 2010

Search for Forest Hills MI Homes

Forest Hills Michigan Neighborhood Real Estate Market Report – Hidden Hills Jan-Dec 2010

Search for Forest Hills MI Homes

Forest Hills Michigan Neighborhood Real Estate Market Report – Clements Mill Jan-Dec 2010

Search for Forest Hills MI Homes

Forest Hills Michigan Neighborhood Real Estate Market Report – Watermark Residences Jan-Dec2010

Forest Hills Michigan Neighborhood Real Estate Market Report

Watermark Residences Jan-Dec 2010

SEARCH for FOREST HILL HOMES

What Will $1 Million Buy in a West Michigan Home?

What Will $1 Million Buy in a West Michigan Home?

Forest Hills Michigan Top Best Buy Homes – Feb 2011

Forest Hills Michigan Top Best Buy Homes – Feb 2011

Search For Forest Hills Homes

Grand Rapids Short Sale Homes

Grand Rapids Bank Owned Homes

More Forest Hills Michigan Real Estate Articles

Grand Rapids Michigan Sunday Open Houses 2-20-2011

Grand Rapids Michigan Sunday Open Houses 2-20-2011

GRAND RAPIDS MICHIGAN SUNDAY OPEN HOUSES FEB 20, 2011

Grand Rapids Michigan Neighborhood Real Estate Market Report – Centennial Park Condos Jan-Dec 2010

Grand Rapids Michigan Neighborhood Real Estate Market Report – Centennial Park Condos April 2010

SEARCH Grand Rapids Homes

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Forest Hills Michigan Neighborhood Real Estate Market Report Tamarron Estates Jan-Dec 2010

Forest Hills Michigan Neighborhood Real Estate Market Report Tamarron Estates Jan-Dec 2010

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