Adatowne is a popular entry level home market in the Ada 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 new 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 (about 1000 sq ft) sold for $ 19,900 in 1975.
Adatowne Residential Neighborhood in Ada, Michigan
September 2008 Real Estate Market Report
8 Sold, 0 Pending, 3 For Sale
Address Status Price Sq Ft $/Sq Ft DOM
6686 Adaridge For Sale 179,900 1200 149.91 27
448 Adapointe For Sale 174,900 1984 88.15 20
6873 Adaside For Sale 149,900 1264 118.59 12
6705 Adaridge Sold 143,900 1056 136.26 74
7028 Adaridge Sold 149,900 2116 70.84 8
6869 Adaridge Sold 115,000 988 116.39 20
6885 Adaridge Sold 124,000 1270 97.63 81
6966 Rix St. Sold 119,625 1052 113.71 119 (F)
6674 Adaridge Sold 142,000 1056 134.46 151
6824 Adaside Sold 142,600 1028 138.71 260
6767 Adaridge Sold 154,500 1300 118.84 20
(F) = Foreclosure
144 homes have sold in Ada Township in 2008,
Average price is $309,407. 15% fewer homes have
sold in 2008 but the average price has increased by 3%.
The Ada area growth trends remain strong. Ada Township planner,
Jim Ferro states that the Ada population has grown by 20% since
2000. There is a new proposed 80 unit condo development
Villas of Ada and Stone Falls of Ada – a 210 unit apartment
complex, currently under construction here. Both new sites plan
on being open in 2009.
If you would like detailed information about Ada Homes, please feel free
to contact me directly at 1-888-240-1968.
Grand Rapids Ada MI Real Estate – Five Star Real Estate
Copyright 2008 All rights reserved
Photo of Rix Dr. by Bonnie Westbrook