Watermark Residences Market Report January – April  2017

Forest Hills MI Neighborhood Real Estate Report

by Terry and Bonnie Westbrook

Cascade Township MI Neighborhood Real Estate Report

Active Listings  6   

Sales Pending = 1

Sold Properties = 2

Average sold price  $ 449,500

Watermark Homes are selling, if priced for the current

market.  The average sale price seems a little on the low side for this

area.  One of the sold properties was a townhouse home, which are

the smallest homes available in this area.  Average cumulative days

on market is 93 days.  This higher than the average time on the

market for Grand Rapids homes, which reflects the higher price

range of Watermark residences.

With six properties for sale, this should be the Spring – Summer

market, although current inventory is high, it probably won’t last

until fall if sales continue as they have for the last year.

Current home inventory is in the higher price

category for condo properties in the Greater GR area.

Watermark Residences offer different types of housing.

Large single family residential homes, single family condo

residences, and a few townhouse residences make up

the housing inventory in this neighborhood.

Watermark Residences attract buyers who are

interested in the private golf course, private club pool,

public restaurant,  and public work out facilities.

An additional attraction is access to all 4

golf courses owned by the same management

with a golf membership to any of these

golf courses:

Sunnybrook Golf Course in Byron Center

Stonewater Golf Course in Caledonia,

Watermark Golf Course in Cascade

Thousand Oaks Golf Course in NE Grand Rapids

If you would like to view a Watermark or other golf

course home,  contact Terry: 616-292-7263

SEARCH FOR FOREST HILLS HOMES

Forest Hills Neighborhood Real Estate 

Copyright 2017 All rights reserved.

____________________________________________

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

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

Forest Hills MI Neighborhood Real Estate Report

Watermark Residences October – December  2016

by Terry and Bonnie Westbrook

Meijer Gardens Conservatory in Winter

Cascade Township MI Neighborhood Real Estate Report

Active Listings  3   

Sales Pending = 0

Sold Properties = 2

Average sold price  $ 498,000

Watermark Real Estate Market Synopsis:

Watermark Homes are selling, if priced for the current

market, days on market vary from 897  to 2, which is a

neon sign indicator that buyers will not pay more than

current market value.

Current home inventory is in the higher price

category for condo properties in the Greater GR area.

Golf course living is a life style choice.

Watermark Residences offer different types

of housing.  Single family residential homes,

single family condo residences, and a few

townhouse residences.

Watermark Residences attract buyers who are

interested in the private golf course, club pool,

public restaurant,  and public work out facilities.

An additional attraction is access to play all 4

golf courses owned by the same management

with a golf membership to any of these

golf courses:

Sunnybrook Golf Course in Byron Center

Stonewater Golf Course in Caledonia,

Watermark Golf Course in Cascade

Thousand Oaks Golf Course in NE Grand Rapids

If you would like to view a Watermark or other golf

course home,  contact Terry: 616-292-7263

SEARCH FOR FOREST HILLS HOMES

Forest Hills Neighborhood Real Estate 

Copyright 2017 All rights reserved.

____________________________________________

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. 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 Report

Watermark Residences June – August 2016

by Terry and Bonnie Westbrook

Quick Snapshot of Watermark Residences

Real Estate Activity

June 1 through August 31, 2016

Active Listings  4   

Sales Pending = 3

Sold Properties = 3

Average sold price  $ 586,667

Watermark Real Estate Market Synopsis:

Watermark Homes are selling for more than they

were just 6 months ago, prices are on the rise.

With 6 sales this summer and 4 Active Listings,

lots of real estate activity in Watermark.

Current home inventory is  four homes

ranging from $559K to $724,900.  These Golf

Course homes are a desirable residential area

in Forest Hills.  A gated community with

surround golf course, public restaurant,

and separate pool membership available.

Watermark Residences offer different types

of housing.  Single family residential homes,

single family condo residences, and a few

townhouse residences.

Watermark Residences attract buyers who are

interested in the private golf course, club pool,

public restaurant,  and public work out facilities.

An additional attraction is access to play all 4

golf courses owned by the same management

with a golf membership to any of the three

following golf courses:

Sunnybrook Golf Course in Byron Center

Stonewater Golf Course in Caledonia,

Watermark Golf Course in Cascade

Thousand Oaks Golf Course in NE Grand Rapids

If you would like to view a Watermark or other golf

course home,  contact Terry: 616-292-7263

SEARCH FOR FOREST HILLS HOMES

Copyright 2016 All rights reserved.

____________________________________________

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. 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 Report

Watermark Residences January – May 2016

by Terry and Bonnie Westbrook

Quick Snapshot of Watermark Residences Real Estate Activity

January 1 through May 23, 2016

Cascade Township MI Neighborhood Real Estate Report

Active Listings  2   

Sales Pending = 1

Sold Properties = 7

Average sold price  $ 506,812

Watermark Real Estate Market Synopsis:

Watermark Homes are selling for less than they

were a year ago, about a 10% drop in average price.

This could be due to condition and age, as some

of the properties are probably due for updates

Current home inventory is small, but sold

properties are above average for this Spring market.

Golf course homes are considered a desirable place

to live and appeal to both local and transfer buyers.

Watermark Residences offer different types

of housing.  Single family residential homes,

single family condo residences, and a few

townhouse residences.

Watermark Residences attract buyers who are

interested in the private golf course, club pool,

public restaurant,  and public work out facilities.

An additional attraction is access to play all 4

golf courses owned by the same management

with a golf membership to any of the three

following golf courses:

Sunnybrook Golf Course in Byron Center

Stonewater Golf Course in Caledonia,

Watermark Golf Course in Cascade

Thousand Oaks Golf Course in NE Grand Rapids

If you would like to view a Watermark or other golf

course home,  contact Terry: 616-292-7263

SEARCH FOR FOREST HILLS HOMES

Copyright 2016 All rights reserved.

____________________________________________

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. 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