Forest Hills MI Neighborhood Real Estate Market Report – Cascade Woods Jan- Dec 2010

Forest Hills MI Neighborhood Real Estate Market Report – Cascade Woods Jan-Dec 2010

Cascade Woods is an established neighborhood of large, executive

style homes in Cascade Township, MI. Most of these homes were

built in the 1960′s and 1970′s, although there are a few newer

homes that were built recently in the area. Close to the village of

Cascade and the Thornapple  River, this heavily wooded area has

been a Grand Rapids desired suburban place to live for  decades.

 

Part of the Forest Hills Public School District, which draws many

families, there is also the river and it’s picturesque appeal.  The

drive down Thornapple River Drive between Ada and Cascade in

the fall is one of the prettiest drives in the greater Grand Rapids area.

 

Cascade Dam Thornapple River

 

Cascade Woods Market Report Jan – Dec 2010

4 Homes For Sale,  9 SOLD

Cascade Woods Active Listings: 4

Average price – $344,975

Average $/SqFt – $131.99

Average days on market – 262

Cascade Woods Sold Listings: 9

Average Sold price – $238,722

Average Sold $/SqFt – $ 100.13

Average Days on market – 99 days

Average % of Sale Price to List Price: 95.95%

 

The Absorption Rate for Cascade Woods Homes is 5.3 months,

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

5.3 months to sell the existing inventory.   The average sold price

has gone down and average list price has gone down about 10%

over the last year.  Cascade Woods homes are selling but not at

market highs seen 3-4 years ago.  Price and condition are the key

factors in a Cascade Woods sale.

 

Search Forest Hills Homes

 

Additional Forest Hills Articles:

Forest Hills Michigan Real Estate Reports

 

If you would like further information about Grand Rapids or

Cascade Homes, please contact me directly.

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!

ar125812212017642 Forest Hills Neighborhood Real Estate Market Report – Cascade Woods April 2010 ar125812218972939 Forest Hills Neighborhood Real Estate Market Report – Cascade Woods April 2010 ar125812225271331 Forest Hills Neighborhood Real Estate Market Report – Cascade Woods April 2010

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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Forest Hills Michigan Neighborhood Real Estate Market Report East-West Village Jan-Dec 2010

Forest Hills Michigan Neighborhood Real Estate Market Report East West Village Jan-Dec 2010

The East/West Village subdivision off  Ada Drive in Ada Township

is a fairly new development. The new housing construction started in 2005

and is still continuing to date. You can buy a resale home or a new home

in this centrally located housing development.  Near both public and

private schools, East Village is also close to  Forest Hills and 28th

Street shopping areas. The Ada Bike or Walking Trail also connects

this area on Ada Drive with the village of Ada, Grand Rapids, and the

village of Cascade.

East Village is also close to the I96 expressway for easy access to many

different parts of our greater Grand Rapids area.  Large, executive style

homes with many amenities and extras are the rule in this neighborhood.

If you would like to start with a brand new house in Forest Hills,

this may be the place for you to call home.

Forest_Hills_Central_High_School_ sign

Real Estate Market Report East-West Village Jan-Dec 2010

2010 For Sale: 7

East Village Homes average list price: $ 448,871

East Village average price/sq ft (main floor): $ 166.54

East Village average days on the market:177 days

Pending Sales : 0

 

Sold 2010 Homes : 7

High Price – $480K  Low Price: $345K

East Village Average SOLD Price: $ 416,857

East Village Average price/sq ft: $162.93

East Village Average SOLD days on market: 87 days

SOLD Price % of List Price: 99.15

 


Market Synopsis: East -West Village Homes are selling for a little

more in 2010 than in 2009, though it is almost 6 months to do so.

The absorption rate for East -West Village is 12 months, which means

if no new homes enter the marketplace, it will take 12 months

for the current home inventory to sell.  This is  high for the Ada–Forest

Hills area, it reflects the higher prices of the homes and is longer by half

than 2009 sell times for this subdivision.  Higher priced homes are slow

movers on today’s market.

 

 Search Forest Hills Homes

 

Additional Real Estate Articles:

Ada Michigan Real Estate

Forest Hills Michigan Real Estate

 

If you would like further information about East or West Village,

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

photo of Ada Bike 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!

ar125812212017642 Forest Hills Michigan Neighborhood Real Estate Market Report – East – West Village Jan–Dec 2009 ar125812218972939 Forest Hills Michigan Neighborhood Real Estate Market Report – East – West Village Jan–Dec 2009 ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Market Report – East – West Village Jan–Dec 2009

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Your Property Tax Assessment – Is It Correct?

Your Property Tax Assessment – Is It Correct?

Want to Appeal Your Property Tax Assessment?

Is your property tax assessed correctly? 

Do you know if you are in line with homes that are similar to yours?

Anyone can and should check with their local taxing authority, whether

it is city or township tax assessor to check the facts on record about

your home.  The video above will give you some brief recommendations

on what to do and how to go about appealing if you find errors or

think your property tax assessment should be lower.

 

____________________________________________________________________________________________________

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!

ar125812212017642 Home Buying Trends – Are You Average? ar125812218972939 Home Buying Trends – Are You Average? ar125812225271331 Home Buying Trends – Are You Average?

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Home Buying Trends – Are You Average?

Home Buying Trends – Are You Average?

Continuing a trend since 2007, the share of home buyers purchasing

a previously owned home has increased 53%, while the share purchasing

a new home has declined, 47%. The typical home purchased was 2,200

square feet, had three bedrooms and two bathrooms, was built in

1990, and was 12 miles from the buyer’s previous residence. 90% of buyers

purchased a single family home, median age 36, median income $87K.

Once buyers find the home they are looking for they plan to

stay in their home for 10 years. 

 

front door of a house

American Attitudes About Home Ownership have not changed much

over decades.  Home ownership is still considered one of the foundations

of American life.  That said, many young people are waiting longer

to marry and start families, so home ownership is not entered into

as early as their parents and grandparents.  This may account for the

rise in single homeowners, both male and female.  Their median age

is 41, and they tend to buy smaller homes, average 1450-1550 square feet.

 

First Time Home Buyers’ median age is 30, they earn $59,900, and

74% purchase a single family home.  The youngest group of home buyers

are the 18-24 year olds, their median income is $49,000, 98% are first time

home buyers, and they purchase a home of about 1400 square feet.

Data from NAR

Additional Articles About Home Buying:

Questions to Ask When Choosing a Realtor

First Time Buyer Mistakes

Which Mortgage Do I Choose?

____________________________________________________________________________________________________

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!

ar125812212017642 Foto Friday – Who’s in the Driver’s Seat? ar125812218972939 Foto Friday – Who’s in the Driver’s Seat? ar125812225271331 Foto Friday – Who’s in the Driver’s Seat?

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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Grand Rapids MI Home Seller – Asking More Doesn’t Mean You Will Get More

Grand Rapids Michigan Home Seller – Asking More Doesn’t Mean You Will Get More

About one third of homes listed on the Multiple Listing Service do not sell.

They might be over priced, in very poor condition, bad location, a weird

floor plan or some other oddness about them.  They will sell at the right price,

which is what we are trying to convey.

 

Grand Rapids MI home

 

The correct price is so crucial to the sale of your home, that if you miss

the mark the first time, you are chasing a downward trend that is very

difficult, if not impossible, to catch.

 

This can be tricky, as you don’t want to under price the market.

But the market doesn’t hold still, what was a great price a few months

ago is not a great price today.  You can’t rely on any market information

over 3-6 months old.  You need to know what is happening today.

 

Example : 440/981 = Days On Market/Total Days On Market

The stats above are for a house in the Grand Rapids market that we saw

on the MLS today.  You would think that in almost 33 months on the

market, this homeowner would have realized that their price is not in

line with homes that are selling.  Sure, there have been reductions on

this home’s price, but not enough and not soon enough.

 

Be smart about selling your home.  Use a Realtor who can give you the

straight facts, not someone who tells you what you want to hear.

Unless you want to be like the seller above, chasing a downward market

and watching your competition use you as a price comparison.

 

 Should You Listen to Your Realtor or Your Instincts?

 Free White Paper for Sellers:  Avoid 11 Mistakes that Could Cost

 

____________________________________________________________________________________________________

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!

ar125812212017642 Rockford Michigan Top Best Buy Homes Nov 2010 ar125812218972939 Rockford Michigan Top Best Buy Homes Nov 2010 ar125812225271331 Rockford Michigan Top Best Buy Homes Nov 2010

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Rockford Michigan Top Best Buy Homes Jan 2011

Rockford Michigan Top Best Buy Homes Jan 2011

A list of the TOP Rockford  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 updated decor, new flooring, & an

updated kitchen and baths, this would be more per square

foot than a home that still has the 1980’s decor and/or is in

poor condition.

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

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 a new roof & mechanicals.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present

condition.*

Boardwwalk over dam Rockford Michigan Top Best Buy Homes Nov 2010

Rockford Dam Boardwalk

The total square footage is noted here, although only the

main floors are used to figure price per square foot, even if

the basement is finished.

The Top Rockford Homes to Buy by Price per Square Foot:

2713 Rogue River Dr  $ 42,294     850 Sq Ft   $ 49.76/SqFt

5921 West River Dr   $ 58,000   1124 SqFt    $ 51.60/SqFt

120 S Fremont St     $ 61,900   1508 Sq Ft   $ 41.05/SqFt

2596 Lynnhurst        $ 65,000    975 Sq Ft    $ 66.67/SqFt

6430 Northland Dr     $69,000    1259 Sq Ft   $ 55.52/SqFt

 

5927 Verta              $ 74,900   1376 Sq Ft   $ 54.43/Sq Ft

4771 12 Mile Rd       $ 79,900   1525 Sq Ft    $ 52.39/SqFt

11379 Northland Dr  $ 84,900   1458 Sq Ft    $ 58.23/SqFt

8490 10 Mile Rd      $ 89,680    1620 Sq Ft    $ 55.36/SqFt

6674 Echo Dr NE     $ 89,900    2387 Sq Ft    $ 37.66/SqFt

 

7674 Northland Dr   $ 89,900    1300 Sq Ft    $ 69.15/SqFt

3485 Keswick Dr     $100,000    1502 Sq Ft    $ 66.58/SqFt

6075 13 Mile Rd     $109,900     1750 Sq Ft   $ 62.80/Sq Ft

6202 Meadowlark   $147,500     2160 Sq Ft   $ 68.29/SqFt

1382 Shaw Ct NE   $149,900     2008 Sq Ft   $ 74.65/SqFt

 

9228 6 Mile Rd      $154,900    2414 Sq Ft    $ 64.17/SqFt

3461 Sunny Hill St $164,900    2334 Sq Ft    $ 70.65/SqFt

11107 Crooked Lake $178,000   3360 SqFt    $ 52.98/SqFt

653 Highlander Dr  $195,000    2626 Sq Ft    $ 74.26/SqFt

1913 Woodbriar Ct $199,900    2750 Sq Ft    $72.69/SqFt

*** Recent price reductions on underlined homes

 

There are 11 homes listed under $100K this month and

half of the listings have had price reductions

If you are considering buying in Rockford, now is the time!

Prices are staying low in Rockford, inventory is high and rates

are still low but rising.  Homes that are in great condition

and priced right are selling quickly.  Mid-range homes in

great condition are hot!

Rockford Michigan Real Estate Market Blogs

Rockford Michigan Photo Tour

You Want To Buy A House, Now What?

 

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

please contact us 1-888-240-1968 x 0

or email terry@terrywestbrook.com

_____________________________________________________________________________________________________

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!

ar125812212017642 Rockford Michigan Top Best Buy Homes Nov 2010 ar125812218972939 Rockford Michigan Top Best Buy Homes Nov 2010 ar125812225271331 Rockford Michigan Top Best Buy Homes Nov 2010

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Lowell Michigan Top Best Homes Jan 2011

Lowell Michigan Top Best Buy Homes Jan 2010

A list of the TOP Best Lowell  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 updated decor, new flooring, & an

updated kitchen and baths, this would be more per square

foot than a home that still has the 1980’s decor and/or is in

poor condition.

Please note that this list can change daily as some homes

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

Lowell MI  Showboat

The total square footage is noted here, although only the

main floors are used to figure price per square foot.

January  2011  30 TOP BEST BUY Lowell Homes

The Top Lowell Homes to Buy by Price per Square Foot:

3230 Emery St            $ 55,000       1440 Sq Ft   $38.19/SqFt

825 Hunt St               $ 59,900        825 SqFt     $55.46/SqFt

730 E Main St             $ 59,900      1446 Sq Ft   $41.42/SqFt

803 N Washington St   $ 69,000      928 Sq Ft     $74.35/Sq Ft

810 Grindle Dr             $79,900       1300 Sq Ft    $61.46/Sq Ft

 

13901 Oberley Dr        $ 79,900        1288 Sq Ft   $62.03/SqFt

1456 Baywicke Dr       $ 82,500        1056 Sq FT  $78.13/SqFt

251 Valley Vista Dr      $ 83,600       1124 Sq Ft    $74.38/Sq Ft

1297 Jane Ellen Dr       $ 85,000       917 Sq Ft     $96.92/SqFt

721 N Washington St    $ 86,000      1716 Sq Ft    $50.12/Sq Ft

 

325 Alden Nash           $ 92,500      3972 Sq Ft    $91.40/SqFt

410 Hunt St                $94,900      1360 Sq Ft    $69.78/SqFt

10880 Woodbushe Dr    $95,900      1056 Sq Ft    $90.81/Sq Ft

10925 Sconcewood      $99,900      1224 Sq Ft    $81.62/SqFt

311 High St                $99,900      2249 Sq Ft    $44.42/SqFt

 

10820 Sconcewood      $109,900      1224 Sq Ft   $89.79/SqFt

10846 Sconcewood      $110,000      1360 Sq Ft   $80.88/SqFt

10933 Woodbushe Dr   $116,000      1256 Sq Ft    $92.36/SqFt

829 N Monroe St         $117,000       1564 Sq Ft   $74.81/Sq Ft

725 Lafayette St        $117,500       1456 Sq Ft    $80.70/SqFt

 

925 Beech Ave            $119,900    1384 Sq Ft    $86.63/SqFt

10960 Deerwood Dr      $124,900    1498 Sq Ft    $83.38/Sq Ft

811 Shepard Dr           $125,100    2394 Sq Ft     $52.26/Sq Ft

10989 Woodbushe Dr   $125,900    1596 Sq Ft    $78.88/Sq Ft

1250 Highland Hill        $145,900    1508 Sq Ft    $96.75/SqFt

 

1638 Wales               $160,000     2047 Sq Ft   $78.16/SqFt

3033 Court Dr SE        $169,900     1816 Sq Ft   $93.56/SqFt

203 N Hudson St         $169,900    2568 SQ Ft   $66.16/Sq Ft

2309 Gee St              $174,900     1900 Sq Ft    $92.05/SqFt

13217 52nd St           $218,900     2755 Sq Ft    $79.46/SqFt

*****Underlined homes have seen recent price reductions.

There are still bargain priced homes for sale in Lowell,

15 homes priced under $100K.  In Lowell prices are still low

and sellers have been lowering prices to attract buyers.

Mortgage rates are still low, but headed up, along with

steeper loan requirements in the next 90 days.

 

Additional Lowell Michigan Articles:

Lowell Michigan Real Estate Blogs

Lowell Michigan Photo Tour

Home Buyer Questions & Answers

*Some of these homes may be bank owned foreclosures or

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

in present condition.*

If you have questions about any of these homes, please

contact Terry: 1-616-292-7263

Or email : terry@terrywestbrook.com

_____________________________________________________________________________________________________

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!

ar125812212017642 Lowell Michigan Top Best Buy Homes Nov 2010 ar125812218972939 Lowell Michigan Top Best Buy Homes Nov 2010 ar125812225271331 Lowell Michigan Top Best Buy Homes Nov 2010

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

5 Crucial Items to Prepare a Grand Rapids Home Buying List

5 Crucial Items to Prepare a Grand Rapids Home Buying List

What does your future home look like? Where is it located?

As you hunt down your dream home, consult this list to evaluate

properties and keep your priorities in the top of your mind.

 

Front Entrance to a House

 

  1.  Neighborhoods

What neighborhoods do you prefer?

  2.   Schools

What school systems do you want to be near?

  3.  Transportation

How close must the home be to these amenities:

  • Public transportation                         
  • Airport
  • Expressway
  • Neighborhood shopping
  • Schools
  • Other

 

  4. Home Style

  • What architectural style(s) of homes do you prefer?
  • Do you want to buy a home, condominium, or townhome?
  • Would you like a one-story or two-story home?
  • How many bedrooms must your new home have?

  5. Home Condition

  • How many bathrooms must your new home have?
  • Do you prefer a new home or an existing home?
  • If you’re looking for an existing home, how old of a home would you consider?
  • How much repair or renovation would you be willing to do?
  • Do you have special needs that your home must meet?

    Important Home Features:

  • Front Yard
  • Back Yard
  • Garage(___cars)
  • Patio/Deck
  • Pool
  • Family Room
  • Formal Living Room
  • Formal Dining Room
  • Eat in Kitchen
  • Laundry Room
  • Finished Basement
  • Attic
  • Fireplace
  • Spa in Bath
  • Air Conditioning
  • Wall to wall carpet
  • Wood Floors
  • Great View

_______________________________________________________________________

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!

ar125812212017642 Byron Center Michigan Photos ar125812218972939 Byron Center Michigan Photos ar125812225271331 Byron Center Michigan Photos

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

East Grand Rapids Michigan Top Best Buy Homes Jan 2011

East Grand Rapids Michigan Top Best Buy Homes Jan 2011

This is our list of the Top Best Buy East Grand Rapids Houses

to buy based on price/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 and it should reflect

the interior finish of the home.

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

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

that still has the 1980’s decor and/or is in derelict condition.

Please note that this list can change daily as some homes sell, prices

are adjusted and other homes come on the market.

Collins Park Sign EGR

January 2011 – 22 TOP BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $76.29 to $113.39

Highest List Price -  $ 539,000

Lowest List Price -  $ 75,000

 

The Top East GR Homes to Buy by Price per Square Foot:

2306 Burchard St SE    $ 75,000      1048 Sq Ft   $71.56/Sq Ft

293 Rosewood Ave      $ 95,000     1242 Sq Ft   $76.49/SqFt

2714 Cascade Rd         $ 98,000       1300 Sq Ft   $75.38/SqFt

2216 Estelle Dr             $131,000     1400 Sq Ft   $93.57/SqFt

501 Lakeside Dr           $139,900     1560 Sq Ft    $89.68/Sq Ft

1049 Floral Ave SE       $149,900    1377 Sq Ft   $108.86/SqFt

1608 Wealthy St SE    $156,000    1608 Sq Ft   $97.01/SqFt

670 Lovett Ave SE      $159,000     1451 Sq Ft   $109.58/SqFt

1134 Lakeside Dr       $159,900    1470 Sq Ft   $108.78/SqFt

2540 Lake Dr SE         $159,900    1754 Sq Ft    $91.16/Sq Ft

2868 Lake Dr             $159,900     1487 Sq Ft   $107.53/SqFt

1917 Hall St SE         $169,900     1700 Sq Ft   $99.94/SqFt

1707 Hall St SE         $169,900     1753 Sq Ft   $96.92/SqFt

947 Breton Rd SE     $177,000     1583 Sq Ft   $111.81/SqFt

1350 Pinecrest Ave  $179,900     1632 Sq Ft    $110.23/Sq Ft

1138 Lakeside Dr        $189,900     1736 Sq Ft    $109.39/SqFt

1032 San Juan Dr SE   $189,900     1696 Sq Ft   $111.97/SqFt

1640 Sherman St SE   $190,000     2037 Sq Ft    $93.27/SqFt

2405 Oakwood Dr        $199,900      1786 Sq Ft    $111.93/SqFt

1646 Robinson Rd       $229,900     3171 Sq Ft     $72.50/SqFt

1245 Woodshire Ave  $239,000    2248 Sq Ft    $106.32/SqFt

2853 Woodcliff Cir       $539,000    4958 Sq Ft    $108.71/SqFt

***Underlined homes have had recent price reductions.

 

East Grand Rapids homes that are priced right are selling.

If you have been waiting for the right time to buy, don’t wait

any longer.  Rates are still low, though on the rise.  We are seeing

definite signs  of competition or the Top Best Buy homes in East

Grand Rapids and  Forest Hills.

 

The Top Best Buy homes available this month in East Grand Rapids

are  homes that have been on the market for awhile.  Only a few homes

are really new to the market.  Relisting with another agent at the same

price doesn’t really change things, buyers are watching the market and

aren’t fooled by this tactic.  Overall, prices are staying steady.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present

condition.  Sold-As-Is*

Additional Articles:

Which Mortgage Do I Choose?

East GR  Real Estate Market Articles

Home Buyer Questions & Answers

East Grand Rapids – America’s Hometown

If you would like to view an East Grand Rapids Best Buy Home,

please contact us @1-888-240-1968 x 0 or email us :

terry@terrywestbrook.com

_____________________________________________________________________________________________________

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!

ar125812212017642 East Grand Rapids Michigan Top Best Buy Homes Nov 2010 ar125812218972939 East Grand Rapids Michigan Top Best Buy Homes Nov 2010 ar125812225271331 East Grand Rapids Michigan Top Best Buy Homes Nov 2010

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Kentwood Michigan Top Best Home Buys Jan 2011

Kentwood Michigan Top Best Buy Homes Jan 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 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 fixtures, decor and/or is in poor condition.

 Kentwood Michigan Top Best Buy Homes Nov 2010

January 2011  16  TOP BEST BUYS in  Kentwood MI Homes

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

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

2592 Grantwood       $105,000    1368 Sq Ft   $76.75/SqFt

4576 Country Hill Dr  $106,500    1392 Sq Ft   $76.51/SqFt

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

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

 

1142 59th St SE     $119,900    1540 Sq Ft   $77.86/SqFt

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

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

2382 Sunny Creek    $124,468    1750 Sq Ft   $72.11/SqFt

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

 

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

244 Buck Creek Ct   $127,900    1785 Sq Ft   $71.65/SqFt

5756 Adrian Ave      $139,900    1764 Sq Ft   $79.31/SqFt

5940 E Timberlake    $158,500    2216 Sq Ft   $71.53/SqFt

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

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

More Kentwood Michigan Real Estate Articles

Home Buying Questions & Answers

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!

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Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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