Kentwood Michigan Top Best Buy Homes Oct 2010

Posted on November 5, 2010 by Terry & Bonnie

Kentwood MI Top Best Buy Homes Oct 2010

A list of the TOP Best Buy Kentwood Michigan Houses to buy,

based on price per square foot. Price per square foot is a great leveler,

if two similar homes are listed at similar prices, their price per square foot

should be similar.

The price should reflect the interior finish of the home. For example,

if the home has crystal chandeliers, marble tile, new windows, new mechanicals

& a new kitchen, this would be more per square foot than a home that still

has pre-1980’s accoutrements, decor and/or is in poor condition.

Kentwood Michigan Top Best Buy Homes Sept 2010

October 2010 20 TOP BEST BUYS in Kentwood MI Homes

Lowest prices/Sq Ft range from $46.26 to $59.92

Lowest list price – $ 30,000

Highest list price – $169,900

Top Kentwood MI Homes to Buy by Price per Square Foot:

344 Majestic St SE $30,000 640 Sq Ft $46.88/SqFt

5545 Kalamazoo $40,000 848 Sq Ft $47.17/SqFt

100 Barry St SE $49,900 900 SqFt $55.44/SqFt

32 Dunkirk St SE $49,900 912 Sq Ft $54.71/SqFt

4837 Marshall Ave $52,900 888 SqFt $59.57/SqFt

5913 Pine Vista St $55,000 1047 Sq Ft $52.53/SqFt

911 60th St $59,900 1010 SqFt $59.31/SqFt

4930 Burgis Ave $59,000 1300 Sq Ft $46.08/SqFt

232 43rd St SE $64,900 1233 Sq Ft $52.68/SqFt

5932 Valley Lane Dr $65,650 1352 SqFt $48.56/SqFt

373 60th St SE $68,000 1470 Sq Ft $46.26/SqFt

2097 60th St SE $70,000 1300 SqFt $53.85/SqFt

872 Tierra St SE $74,300 1406 Sq Ft $52.85/SqFt

142 Regent St SE $74,900 1250 SqFt $59.92/SqFt

3075 Paris Park Dr $79,900 1711 SqFt $46.70/SqFt

1449 48th St SE $ 89,900 1779 Sq Ft $50.53/SqFt

5677 Gentian Ct $109,900 2168 SqFt $50.69/SqFt

1024 52nd St $113,000 1932 SqFt $58.49/SqFt

1718 Pembroke St $135,000 2604 Sq Ft $51.84/SqFt

1160 Edsel St SE $169,900 2878 SqFt $59.03/SqFt

Kentwood has been hit hard by the real estate downturn,

propelled by foreclosures and short sales. Short Sales are

extremely difficult for most home buyers to consider as a

purchase due to timing. Please keep in mind the time alone

[2-9 months] of negotiating with the banks makes it difficult

for some buyers to consider. Foreclosures are “somewhat” easier

to purchase but many are sold as-is, which means you have to

have funds for home improvements.

The FHA 203K loan will allow you to roll some home improvement

costs into your home loan. If you have been considering a

Kentwood home purchase, ask us about how this loan can work

for you. Interest rates are still at record lows and inventory

is very affordable in Kentwood.

Kentwood Michigan Top Best Buy Homes Feb 2011

Posted on October 11, 2010 by Terry & Bonnie

Kentwood Michigan Top Best Buy Homes Feb 2011

A list of the TOP Best Buy Kentwood Michigan Houses to buy,

based on price per square foot. Price per square foot is a great leveler,

if two similar homes are listed at similar prices, their price per square foot

should be similar.

The price should reflect the interior finish of the home. For example,

if the home has updated lighting, wood floors, new windows, new mechanicals

& a new kitchen, this would be more per square foot than a home that still

has pre-1980’s fixtures, decor and/or is in poor condition.

New Kentwood MI Library

February 2011 32 TOP BEST BUYS in Kentwood MI Homes

range from $70 to $80 per square foot.

Lowest list price – $ 62,000

Highest list price – $325,000

Top Kentwood MI Homes to Buy by Price per Square Foot:

153 Majestic St SE $ 62,000 868 Sq Ft $71.43/SqFt

1464 Katrina Dr $ 70,000 988 SqFt $70.85/SqFt

1498 Katrina Dr $ 73,040 1025 SqFt $71.26/SqFt

5541 Christie Ave $ 74,000 960 SqFt $77.08/SqFt

2365 60th St $ 74,900 1004 SqFt $74.60/SqFt

27 Morning Glory $ 83,900 1052 SqFt $79.75/SqFt

1431 Brookmark St $ 83,900 1142 SqFt $73.47/SqFt

4258 Curwood Ave $ 89,800 1160 Sq Ft $77.41/SqFt

6639 Eastern Ave $ 89,900 1128 SqFt $79.70/SqFt

75 Manila St $ 92,000 1200 Sq Ft $76.67/SqFt

6745 Adrian Ave $ 99,900 1280 SqFt $78.05/SqFt

1727 Weymouth Dr $104,900 1344 Sq Ft $78.05/SqFt

4592 Grantwood $105,000 1368 SqFt $76.75/SqFt

4705 Grantwood $109,000 1454 SqFt $74.97/SqFt

3268 44th St SE $110,500 1550 SqFt $71.29/SqFt

128 Maplelawn $119,000 1600 Sq Ft $74.38/SqFt

243 Buck Creek Ct $119,900 1500 SqFt $79.93/SqFt

58 Matt St SW $119,900 1500 SqFt $79.93/SqFt

1805 Kendall St $120,500 1548 SqFt $77.84/SqFt

2382 Sunny Creek $124,468 1726 SqFt $72.11/SqFt

515 Brownell St $124,900 1708 Sq Ft $73.13/SqFt

964 Bellewood $124,900 1750 Sq Ft $71.37/SqFt

6756 Adrian Ave $139,900 1764 Sq Ft $79.31/SqFt

5732 Buchanan $140,000 1924 SqFt $72.77/SqFt

2264 Embro Dr $150,000 1988 SqFt $75.45/SqFt

6499 Prairie Point $152,900 2096 SqFt $72.95/SqFt

3067 Creekway Ct $158,900 2000 Sq Ft $79.45/SqFt

5297 Queensbury $159,900 2000 SqFt $79.95/SqFt

5940 E Timberlake $160,000 2216 Sq Ft $72.20/SqFt

2915 Mulford Dr $169,900 2246 Sq Ft $75.65/SqFt

4949 Weatherstone Ln $174,900 2405 Sq Ft $72.72/SqFt

7387 Old Lantern Dr $325,000 4125 Sq Ft $78.79/SqFt

Kentwood has so many homes for sale, we have focused

on those in a medium price bracket. Some of these may be

Short Sales or Foreclosures. Short Sales are extremely difficult

for most home buyers to consider as a purchase due to timing.

Please keep in mind the time alone [2-9 months] of negotiating

with the banks makes it difficult for some buyers to consider.

Foreclosures are somewhat easier to purchase but many are sold

as-is, which means you have to have additional funds for improvements.

The FHA 203K loan will allow you to roll some home improvement

costs into your home loan. If you have been considering a

Kentwood home purchase, ask us about how this loan can work

for you. Interest rates are still at record lows and inventory

is very affordable in Kentwood.

SEARCH FOR KENTWOOD HOMES

Kentwood MI Top Best Buy Homes August 2010

Posted on September 1, 2010 by Terry & Bonnie

Kentwood MI Top Best Buy Homes August 2010

We have listed the TOP Best Buy Kentwood Michigan

Houses to buy,

based on price per square foot. Price per square foot is a great leveler.

If two similar homes are listed at similar prices, their price per square foot

should be similar.

The price should reflect the interior finish of the home. For example,

if the home has crystal chandeliers, marble tile, new windows, new mechanicals

& a new kitchen, this would be more per square foot than a home that still

has pre-1980’s accoutrements, decor and/or is in poor condition.

August 2010 29 TOP BEST BUYS in Kentwood MI Homes

Lowest prices/Sq Ft range from $36.06 to $58.97 in Kentwood

this month.

Lowest list price – $ 35,000

Highest list price – $169,900

Top Kentwood MI Homes to Buy by Price per Square Foot:

344 Majestic St SE $35,000 640 Sq Ft $54.69/SqFt

89 Peony St SW $39,900 768 SqFt $51.95/SqFt

5645 Haughey Ave $39,900 1000 SqFt $39.90/SqFt

205 Nancy St SE $39,900 720 SqFt $55.42/SqFt

129 Lurie St SE $44,000 1202 SqFt $36.61/SqFt

426 Pine Vista St $45,000 1248 SqFt $36.06/SqFt

123 Barry St $49,900 1020 SqFt $48.92/SqFt

97 Roth St SE $49,900 1100 SqFt $45.36/SqFt

201 58th St SE $54,000 996 SqFt $54.22/SqFt

1505 52nd St SE $54,900 1193 SqFt $46.02/SqFt

391 Pine Needles Ct $60,000 1282 Sq Ft $46.80/SqFt

1123 Burgis Ct SE $67,500 1716 Sq Ft $39.34/SqFt

232 43rd St SE $68,750 1233 Sq Ft $55.80/SqFt

1305 Meadowlane $69,900 1867 SqFt $37.44/SqFt

6708 College Ave SE $69,900 1360 SqFt $50.65/SqFt

2097 60th St SE $70,000 1300 SqFt $53.85/SqFt

3750 Breton SE $72,750 1750 SqFt $44.06/SqFt

136 Nancy St SE $79,900 1692 SqFt $47.22/SqFt

1832 Andrew St $95,000 2450 SqFt $38.78/SqFt

876 Bellewood Dr $98,900 2282 Sq Ft $43.34/SqFt

1449 48th St SE $104,900 1779 Sq Ft $58.97/SqFt

5677 Gentian Ct $109,900 2168 SqFt $50.69/SqFt

1024 52nd St SE $113,000 1932 Sq Ft $58.49/SqFt

1717 Lockmere Dr $115,200 2050 SqFt $56.20/SqFt

5759 Burgis Ave $120,000 2200 SqFt $54.55/SqFt

1456 54th Dr $122,000 2125 SqFt $57.41/SqFt

6944 Madison Ave $124,000 2974 Sq Ft $41.69/SqFt

4690 Meadow Lake $139,900 2784 SqFt $50.25/SqFt

1160 Edsel St SE $169,900 2878 SqFt $59.03/SqFt

Kentwood & Wyoming have been hit hard by unemployment,

which propels foreclosures and short sales. Short Sales are

extremely difficult for most home buyers to consider as a

purchase due to timing. Please keep in mind the time alone

[2-9 months] of negotiating with the banks makes it difficult

for some buyers to consider. Foreclosures are somewhat easier

to purchase but many are sold as-is. If you have been thinking

of buying a Kentwood home, NOW IS THE TIME!! Interest rates

are still at record lows and inventory is still high.

New Kentwood MI Library Set to Open 8-24-2010

Posted on August 12, 2010 by Terry & Bonnie

New Kentwood MI Library Set to Open 8-24-2010

Construction is almost done on the new library for Kentwood Michigan.

We stopped and took a few photos so you can see the new facility

for the city of Kentwood.

Having been on hand to help move the books and materials from the old

library into the present facility back in ‘70s as a Kentwood Jaycee, we

realize what a job it is to get everything moved and into place.

The new library will be a welcome addition for Kentwood. Our libraries

are getting more use with the strained economy – all branches are noting

increased traffic and use.

An Open House is scheduled for 8-23-2010 so get over to see Kentwood’s

newest addition.

_____________________________________________________________________________________________________

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

Kentwood Michigan Real Estate Market Report April – June 2010

Posted on July 22, 2010 by Terry & Bonnie

Kentwood Michigan Real Estate Market Report April- June 2010

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 kentwood mi

Foreclosures and short sales are still affecting the average

market price here as Grand Rapids has seen high unemployment.

The homes under $150K in Kentwood are about 90% of the

overall sales. The homes over $150K are selling but at a slower rate.

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

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

In 2009, Kentwood has had 448 home sales: average sold price:$ 100,561

Home sales for Kentwood – Up to $150,000:

Active Listings 114

Average list price $111,707

Pending Sales 18

Sold 323

Average Sold Price $95,550

Kentwood Absorption Rate for this price range is 1 month,

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

on the market, it will take 1 month to sell the active listed

homes). This is a phenomenal rate for the Grand Rapids area and

shows that Kentwood is a popular and affordable city to live in.

This figure has probably been affected by the Homeowner Tax

Credit that expired on April 30, 2010. I wouldn’t expect this rate

to hold up for the 3rd quarter of 2010.

Home sales for Kentwood – $150,001 & UP:

Active Listings 40

Average list price $ 190,426

Pending Sales 6

Sold Listings 15

Average sold price $177,286

Kentwood Absorption Rate for this price range is 5.7 months,

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

on the market, it will take 5.7 months to sell the active listed

homes.

Kentwood Michigan Real Estate Information

Real Estate is always hyper-local. If you have questions about

a specific Kentwood home, please contact me.

Photo of Kentwood High School 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

Kentwood Michigan Top Best Buy Homes – May 2010

Posted on May 31, 2010 by Terry & Bonnie

We have listed the TOP Best Buy Kentwood Michigan

Houses to buy, based on price per square foot. Price per

square foot is a great leveler. If two similar homes are listed

at similar prices, their price per square foot should be similar.

The price should reflect the interior finish of the home.

For example, if it has crystal chandeliers, marble tile, & a new

kitchen, this would be more per square foot than a home that

still has the 1970’s decor and/or is in derelict condition.

Kentwood MI City Hall

The total square footage is noted here, although only the

main floors are used to figure price per square foot.

Lowest prices/Sq Ft range from $33.36 to $64.97 in Kentwood

this month.

May 2010 28 TOP BEST BUYS in Kentwood MI Homes

The lowest list price is $ 38,000

the highest list price is $165,000

Top Kentwood MI Homes to Buy by Price per Square Foot:

244 58th St SE $38,000 1248 Sq Ft $47.98/SqFt

344 Majestic St SE $40,000 640 Sq Ft $62.50/SqFt

4950 Mildred Ave $44,876 700 SqFt $64.11/SqFt

315 60th St SE $46,900 864 SqFt $54.28/SqFt

337 60th St SE 48,600 1457 SqFt $33.36/SqFt

88 Violet St SW $49,900 768 SqFt $64.97/SqFt

911 60th St SE $49,900 1010 SqFt $49.41/SqFt

423 Pine Place St $49,900 1248 SqFt $39.98/SqFt

32 Dunkirk St SE $57,000 912 SqFt $62.50/SqFt

155 Wavell St SE $58,000 1350 Sq Ft $42.96/SqFt

97 Roth St SE $59,500 1100 SqFt $54.09/SqFt

5444 Eastern Ave $59,900 976 SqFt $61.37/SqFt

6829 Linden Ave $61,900 1042 SqFt $59.40/SqFt

2973 32nd St SE $62,475 1530 Sq Ft $40.83/SqFt

2850 32nd St SE $64,800 1363 Sq Ft $47.54/SqFt

2097 60th St SE $70,000 1300 Sq Ft $53.85/SqFt

4631 Eastern Ave $78,900 1500 SqFt $60.69/SqFt

114 Peony St SW $79,900 1907 SqFt $53.66/SqFt

4545 Grantwood $84,900 1396 SqFt $60.82/SqFt

1387 Marwood Dr $96,900 2400 SqFt $59.70/SqFt

4361 Plymouth Ave $109,900 2800 SqFt $61.40/SqFt

876 Bellewood Dr $109,900 2282 Sq Ft $48.16/SqFt

3615 Kalamazoo Ave $114,900 2725 Sq Ft $42.17/SqFt

5759 Burgis Ave $120,000 2800 SqFt $54.55/SqFt

1456 54th St SE $122,000 2125 Sq Ft $57.41/SqFt

5677 Gentian Ct $124,900 2168 SqFt $57.61/SqFt

1717 Lockmere Dr $128,000 2050 SqFt $62.44/SqFt

1160 Edsel St SE $165,000 3318 SqFt $57.33/SqFt

Kentwood & Wyoming have been hit hard by unemployment,

which propels foreclosures and short sales. Short Sales are

extremely difficult for most home buyers to consider as a

purchase due to timing. Please keep in mind the time alone

[3-9 months] of negotiating with the banks makes it difficult

for some buyers to consider.

Foreclosures are somewhat easier to purchase but many are sold

as-is. The Tax Credit for home buyers has expired, except for

military serving overseas. If you have been thinking of buying

a Kentwood home, NOW IS THE TIME!! Interest rates are still

at record lows and inventory is still high.

Please note that this list can change daily as some

homes sell, prices are adjusted and other homes come on

the market. Check back often or just subscribe to our blog

to get up-to-date local real estate information that you want

to know.

More Kentwood Michigan Real Estate Articles

*Some of these homes may be bank owned foreclosures and

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

If you would like to view a Kentwood Top Best Buys Home,

please call 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

All information is subject to verification & no liability for

omission or error is assumed.

_____________________________________________________________________________________________________

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

Kentwood Michigan Top Best Buy Homes – April 2010

Posted on April 28, 2010 by Terry & Bonnie

Kentwood Michigan Top Best Buy Homes – April 2010

We have gathered a list of the TOP Kentwood Michigan Houses

to buy, based on price per square foot. Price per square foot

is a great leveler. If two similar homes are listed at similar prices,

their price per square foot should be similar. The price should reflect

the interior finish of the home. For example, if it has crystal chandeliers,

marble tile, & a new kitchen, this would be more per square foot than

a home that still has the 1970’s decor and/or is in derelict condition.

Kentwood MI City Hall

The total square footage is noted here, although only the

main floors are used to figure price per square foot.

Lowest prices/Sq Ft range from $31.93 to $64.97 in Kentwood this month.

April 2010 24 TOP BEST BUYS in Kentwood MI Homes

The lowest list price is $ 23,950

the highest list price is $139,900

Top Kentwood MI Homes to Buy by Price per Square Foot:

7213 Regal Ave SE $23,950 750 Sq Ft $31.93/SqFt

71 Jonquil St SW $49,900 936 Sq Ft $53.31/SqFt

88 Violet St SW $49,900 768 SqFt $64.97/SqFt

5651 Haughey Ave $49,900 872 SqFt $57.22/SqFt

155 Wavell St SE $58,000 1350 Sq Ft $42.96/SqFt

32 Dunkirk St SE $58,000 912 SqFt $63.60/SqFt

423 Pine Place St $59,900 1248 SqFt $48.00/SqFt

911 60th St SE $59,900 1010 SqFt $59.31/SqFt

5444 Eastern Ave $59,900 976 SqFt $61.37/SqFt

5834 Haughey Ave $63,000 1354 SqFt $46.53/SqFt

123 Barry St $64,900 1140 SqFt $63.63/SqFt

2097 60th St SE $70,000 1300 Sq Ft $53.85/SqFt

2830 32nd St SE $72,000 1363 Sq Ft $52.82/SqFt

4314 Fuller Ave SE $74,900 1289 SqFt $58.52/SqFt

4631 Eastern Ave $79,900 1500 SqFt $61.46/SqFt

4545 Grantwood $84,900 1396 SqFt $60.82/SqFt

2206 Highlander Dr $87,500 1728 SqFt $50.64/SqFt

4361 Plymouth Ave $109,900 2800 SqFt $61.40/SqFt

876 Bellewood Dr $109,900 2282 Sq Ft $48.16/SqFt

3615 Kalamazoo Ave $114,900 2725 Sq Ft $42.17/SqFt

5759 Burgis Ave $120,000 2800 SqFt $54.55/SqFt

1456 54th St SE $122,000 2125 Sq Ft $57.41/SqFt

5677 Gentian Ct $124,900 2168 SqFt $57.61/SqFt

1160 Edsel St SE $165,000 3318 SqFt $57.33/SqFt

Kentwood & Wyoming have been hit hard by unemployment,

automotive plant shutdowns and loss of population. Short Sales are

extremely difficult for most home buyers to consider as a purchase.

Please keep in mind the time alone [3-9 months] of negotiating with

the banks makes it almost impossible for some buyers to consider.

Foreclosures are somewhat easier to purchase but many are sold

as-is. The Tax Credit for home buyers will go away on April 30th,

2010. If you have been thinking of buying a Kentwood home,

NOW IS THE TIME!!

Please note that this list can change daily as some homes

sell, prices are adjusted and other homes come on the market.

Check back often or just subscribe to our blog to get

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

More Kentwood Michigan Real Estate Articles

*Some of these homes may be bank owned foreclosures and

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

If you would like to view a Kentwood Top Best Buys Home,

please call 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

All information is subject to verification & no liability for

omission or error is assumed.

____________________________________________________________________________________________________

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

Lowell Michigan Ranch Home Open Sunday April 25th, 2010

Posted on April 23, 2010 by Terry & Bonnie

Lowell Michigan Ranch Home Open Sunday April 25th, 2010

Update: Another Westbrook Realty SOLD HOME!

Want to live close to nature, out of the city hustle and bustle?

This well maintained 3 bedroom, 3 bath ranch home located

on 10 acres of wooded land in Lowell, Michigan will be

Open Sunday April 25, 2010 from 3-5 pm.

A complete kitchen remodel, ceramic tile flooring, and

bathroom updates were done in 2007. A heated workshop

and storage barn are additions the owner has added.

[youtube=http://www.youtube.com/watch?v=dZPFlBPW2Vs&hl=en_US&fs=1&rel=0]

Come out to see this comfortable home in the country on

Sunday, April 25th, 2010 from 3-5 pm.

____________________________________________________________________________________________________

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

Kentwood Michigan Real Estate Market Report Jan- March 2010

Posted on April 12, 2010 by Terry & Bonnie

Kentwood Michigan Real Estate Market Report Jan-Mar 2010

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 kentwood mi

Kentwood home sales are still on a general downward trend

in price. Over 1/3 of Kentwood Homes Equity has dissolved in

the last 3 years, according to the current stats.

We are still seeing some price reduction even though activity is high.

On the good news for sellers, Kentwood has one of the lowest

absorption rates in the area.

Foreclosures and short sales are still affecting the average

market price here as Grand Rapids has seen jobs disappear.

The homes under $150K in Kentwood are about 80% of the

overall sales. The homes over $150K are selling but at a slower rate.

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

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

In 2009, Kentwood has had 448 home sales: avg sold price:$ 100,561

Home sales for Kentwood – Up to $150,000:

126 Active Listings w/ Average list price $ 120,801

51 sold Average sold price $106,969

Kentwood Absorption Rate for this price range is 3.8 months,

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

on the market, it will take 3.8 months to sell the active listed

homes). This is a great rate for the Grand Rapids area and shows

that Kentwood is a popular and affordable city to live in.

Home sales for Kentwood – $150,001 & UP:

58 Active Listings w/ average list price of $ 192,430

8 sold Average sold price $150K+ = $208,103

Kentwood Absorption Rate for this price range is 13.39 months,

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

on the market, it will take 13.39 months to sell the active listed

homes.

Kentwood Michigan Home Listed!

Posted on March 31, 2010 by Terry & Bonnie

Kentwood Michigan Home Listed!

Update: Another Westbrook Realty SOLD Home

If you are looking for a home with most of the maintenance and

updating done, this could be exactly what you have been searching

for. This home in Princeton Estates just off 52nd Street in Kentwood

located at 5300 Queensbury Dr SE is a quality built home with 3

bedrooms and 2.5 baths.

But those simple facts don’t tell you that the home has been

updated from top to bottom. In the past few years, this home

has had new laminate flooring laid on the main floor and in the upstairs

bedrooms, with new trim.

The kitchen has been remodeled with cherry cabinets and new

appliances. The main bathroom has been remodeled with a spa

tub/shower enclosure, new vanity and sink top, new ceramic tile

flooring.

The master suite is awesome! Super sized at 12 by 28 feet, it could

be a private oasis. It has its own private bath with ceramic tiled

walk in shower and ceramic tile flooring and large customized walk

in closet.

The main floor family room has been wired for surround sound,

has a wood burning fireplace with gas log, and an 8 foot sliding

glass door to the extensive tiered decks in the back yard. The

back yard has landscaped privacy and mature shade trees.

The basement has been updated with a recreation room with

easy care ceramic tile flooring, recessed can lights, and an office/

craft room. A new high efficiency furnace and 50 gallon hot

water heater was installed in 2009 for green energy savings.

All the hard work has been done – this home is in move-in condition.

Video Tour Link

This home won’t be on the market long….call Terry today for a

private showing. 616-292-7263

_____________________________________________________________________________________________________

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

Grand Rapids Real Estate

Grand Rapids Real Estate Information

Category Archives: Kentwood Michigan Real Estate

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