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Greater Grand Rapids MI homes for sale, Active Listings, Pictures, Videos, and other home information

Caledonia MI Real Estate Market Report ~ Nov 2008

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Caledonia Michigan Home Values

Caledonia Michigan is a very desirable suburban community to live in

if you work in the Grand Rapids area.  The school system is top rated,

the village and surrounding area was rated one of the Top 100 places

to live by Money Magazine in 2005.  Caledonia MI is a bit rural

within a short distance of all the city attractions of Grand Rapids.

Example: Caledonia MI is about 6 miles from Gerald R. Ford

International Airport.

Thornapple River Caledonia MI

Caledonia Real Estate Market Report March ~ November ’08

 

There are 154 active homes for sale in Caledonia November ’08

Average active price is $ 321,036

Average active price/SqFt is $ 148.01

Average days on market for an active listing is 135 days. 

The  lowest priced home is $49,900, the highest priced

home is $1,700,000. 

Caledonia MI real estate market report 11-08

There are 14 homes in Caledonia in pending sales November ’08

The lowest pending price is $64,900, the highest price is

$ 434,900, averaging 159 days on the market. 

Caledonia MI real estate market report 11-08

There are 14 homes in Caledonia in pending sales 3rd Quarter '08

There are 40 SOLD homes in Caledonia November  ’08

Average sold price for Caledonia homes is $ 196,291.

Average sold price/sqft for main floor is $ 105.38.

Average sold days on market are 104. 

 

Lowest sold price for Caledonia homes was $52,500

Highest sold price was $ 552,500

 

 MARKET SYNOPSIS: Caledonia MI is experiencing the same

problem as other areas of our real estate market. A glut of homes

on the market and buyers with a bargain mentality.  At the current

rate of sales, we have a 30+ month supply of homes, if no other

homes come on the market.  If you don’t need to sell your Caledonia

home now, this is not a good time to test the waters with a high price

on your home. Save yourself the trouble and don’t list  your home unless

you absolutely have to sell.  And price it accordingly.

 

 

If you have questions about Caledonia homes or

Grand Rapids homes, please contact me directly.

          1-888-240-1968 ext 0

 

Grand Rapids Ada Real Estate    Five Star Real Estate

Copyright 2008 All rights reserved

photo of Thornapple River by Bonnie Westbrook

Custom Built Home in Forest Hills Michigan ~ Too Late Sold!!!

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Custom Built Home with Privacy in Forest Hills
Main Photo

Location: Stoneshire Estates

New in 2005, this 5 bedroom 4.5 bath home minutes from Forest Hills Central Middle and High Schools is just what you have been looking for in a home. A custom built quality constructed home with many extras, such as a 3+ stall garage, wonderful setting in Stoneshire Estates, professional landscaping, underground sprinkling, generously sized rooms throughout and tastefullly decorated. Large master suite with private wooded views, a den/ office, formal dining room, living room with soaring ceiling, and a Gathering room with large kitchen, eating area, and family room with fireplace are all on the main floor. Owners have added a fabulous maintenance free deck off the Gathering room for added entertaining space. The upper level has 3 bedrooms, 2 baths, and a study area at the top of the stairs. The lower level has a bedroom and full bath finished. This walkout level has high ceilings, finished to drywall in some areas and open to finish as you desire. A total of 3629 finished square feet of executive style living with mature trees and private views on a dead end street.
Information
Contact Information
Terry Westbrook
1-888-240-1968×0
Pricing
Price: $512,000.00
Property Location
5970 Stratford Glen Court SE
Grand Rapids, MI 49546
View Map
Links
Features
Bedrooms: 5
Bathrooms: 4.5
Year Built: 2005
Subdivision: Stoneshire Estates
Lot Size: 119x292x110x268
Garage Size: 3+
School District: Forest Hills Public
Square Footage: 3629
Agent Name: Terry Westbrook
Broker: Five Star Real Estate
MLS #: 734699
Attributes
Appliances
Range/Oven
Full Refrigerator
Dishwasher
Sink Disposal
Microwave
Interior Amenities
Fireplace
Hardwood Floors
Kitchen Island
Vaulted Ceilings
Basement
Walkout Basement
Exterior Amenities
Grass Lawn
Fruit Trees
Maintenance free Deck
Professionally landscaped
Underground sprinkling
Front Porch
Photo Gallery

Construction continues on Villas of Ada Condos, Ada MI

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The update for the Villas of Ada, Ada MI  is that the bulldozers have moved

in, three existing homes have been torn down and are on their way out.  We

have been watching the progress every day as we drive by. The road has

 been closed this week to hook up sewer and water. At the present it looks

 more destructive than constructive, but that is what the building

process is all about. 

 

villas of ada under construction

villas of ada under construction

Villas of Ada construction continues

Villas of Ada construction continues

 

 

A large home was here but is gone now. The one on the right is the only one

left of the three existing homes being removed.

Villas of Ada Construction

Villas of Ada Construction

 

Our neighborhood connects to this parcel on the right. We can hear the dozers

 and land movers working away all day.  These photos are taken from Hall Street.

The Ada Drive entrance is at the other end of this development.  Check out my

other blog article about Villas of Ada.

 

If you would like further information about Ada Homes, please

contact your neighborhood specialist, Terry@TerryWestbrook.com

 

 

Terry Westbrook  – Five Star Real Estate –

Copyright 2008  All rights reserved

Photos of Villas of Ada parcel development by Terry Westbrook

East Village, Ada MI July 2008 Real Estate Market Report

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The East Village subdivision off of 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 the 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 and the village of Cascade.

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

different parts of our greater Grand Rapids area quickly.  Large,

executive style homes with many amenities and extras are the rule for

this neighborhood. If you would like to start with a brand new house,

this may be the place for you to call home.

Mature Oak Tree ~ Ada MI

Mature Oak Tree ~ Ada MI

 

 

                       East Village Market Report July 2008

                                  8 For Sale,  3 Pending,  4 SOLD

Address                            Status      Price         Sq Ft    $/Sq Ft   DOM

707 Village Springs Dr  For Sale   339,900    1895    179.36       49

459 Morraine Hill  Dr     For Sale   414,900    2480     167.29     131

524 Village Springs Dr  For Sale   424,000    3180    133.33       81

572 Village Springs Dr  For Sale   449,900    2926    153.75       48   

632 Village Springs Dr  For Sale   459,000    2760    166.30       47

5130 W Village Trail     For Sale    499,000    3099    161.01       47

5010 W Village Court   For Sale    499,900     3175    157.16    118  

5050 Clear Springs Dr  For Sale    574,900     2784    206.50      13

644 Village Springs Dr  Pending   459,900    2825     162.79    190

4862 Meadow Springs Trl  Pending 499,900   3175   157.44      75

5010 W Village Court   Pending    499,900     3175    157.16    118 

669 Village Springs Dr  SOLD        349,900    2016    173.56      28 

4969 Meadow Springs Trl    SOLD    479,900   2914   164.68      51

527 Village Springs Dr      SOLD      470,000    2757    170.47     58

4862 Meadow Springs Trl  SOLD     489,900   3175   157.44      75

 

If you would like further information about Ada Homes, please

contact me directly

Cascade Woods, Cascade Township MI Residential Real Estate Market Report July 2008

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Cascade Woods is an established neighborhood of large, executive

 style homes. 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 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.

Thornapple River in Autumn

Thornapple River in Autumn

 

               Cascade Woods Residential Real Estate

                         Market Report July 2008

         13 Homes For Sale (FS),  2 Pending,  8 SOLD

Address                   Status    Price      Sq Ft    $/SqFt  DOM

 7063 Thorncrest       FS      159,500  1808      88.21    96

2600 River Edge Dr   FS     209,900   2928     71.68     11

2740 Cascade Spgs  FS      227,900    2161    105.46  179

7399 Lime Hollow     FS     249,900      3085    81.00     12

7469 Lime Hollow     FS      249,900    2592     96.41     56

7382 Treeline Dr       FS     288,000    1876    153.51  118     

2627 Shadowbrook   FS     295,900   2822    104.85    46

2909 Cascade Spgs  FS      329,000   1872    175.74  268

2669 Cascade Spgs   FS     399,000   2590    154.05  151

2424 River Edge Dr   FS     399,900   1979    202.07   129

2521 Pebblebrook     FS     394,900   2600    151.88    34

2515 Cascade Spgs   FS     650,000   2613    248.75   402

2597 Cascade Spgs   FS    850,000   3795     223.97    103

7049 Oran Dr             Pdg   179,000  1649     108.55   271

2441 Cascade Spgs  Pdg    649,900  2101   309.32   251

2573 Cascade Spgs  SOLD 395,000  2695    146.56   118

2838 Cascade Spgs SOLD  125,000  1768    70.70      22

2662 Cascade Spgs SOLD  190,000  2004      94.81   195

2770 Hayward          SOLD  225,000  2385     94.33     12

2680 Shadowbrook  SOLD  306,000   3068    99.73  177

2438 River Edge Dr  SOLD  337,500   2306  146.35    81

7386 Cascade Terr    SOLD  208,000  2186   95.15    182

7356 Treeline Dr       SOLD   243,000  2306    105.37   47

 

 

 

 

If you would like further information about Cascade Homes,

please contact me directly.

 

Terry Westbrook  – Five Star Real Estate – Copyright 2008  All rights reserved

photo of Cascade Dam on the Thornapple River by Bonnie Westbrook

 

Are you looking for a Grand Rapids Dream Home ?

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Spring brings the urge to buy a new home or a larger home.

Lots of internet searches for the perfect home are being done at midnight

in the robe & slippers, here in Grand Rapids Michigan, as elsewhere around

the country.

The mortgage rates are low, the apartment idea was great but now you

may have decided you want a piece of the American Dream. You want your

own garage, your own deck for barbecues and decorate the yard with flamingos,

if you choose to do so.

 

Let’s take a peek at that midnight computer search & see what the

average Grand Rapids consumer is searching for……….

julie& calebs mansion

I like to call this the “Dream Home Wish List.”

It seems buyers are ever optimistic and consistently put these parameters

in for top home search requirements, year after year, here in Grand Rapids.

 

Price 90,000 – 99,999
Architectural Type Ranch
Basement Type Walkout
Number of Bedrooms At Least 3
Number of Baths At Least 2
Garage Size At Least 2 Stalls
Square Feet 4,000 or more
Zip Code 49506
County Kent
School District Forest Hills
Project Name EXCLUDE ALL CONDOS
Age 5 to 25 Years
Riparian Rights Lake Front/Private
Acreage 1 to 5
Lake Name Lake Michigan
Air Conditioning Yes
Fireplace Yes

Anyone would buy this house in a nano-second, if it existed,

………. but it doesn’t. A 4000 sq ft ranch house in Forest Hills Schools

with acreage alone would have you in the higher price brackets [300K-500K]

immediately.  A 4000 sq ft ranch house on Lake Michigan is in the multi-million

dollar category.  So much for the Dream home for most of us…..let’s go back to reality.

 

So just what did the average home buyer purchase last year and this year

in the Grand Rapids area?

Last Year in 2007:

  • 3159 households bought a house for $99,999 or under
  • 3278 households bought a house for $100,000 – 149,999
  • 1846 households bought a house for $150,000 – 199,999

First Quarter 2008:

  • 1409 households bought a house for $99,999 or under
  • 754 households bought a house for $ $100,000 – 149,999
  • 420 households bought a house for $ 150,000 – 199,999

It looks like prices have dropped dramatically and more people are buying

in the lowest price bracket of under $99,999. But these statistics are not

comparable.   About half of the homes selling for under $100,000 in 2008 are

bank foreclosures. The homes’ value and price sold are not the same.

 

Please refer to my other posts on bank foreclosures for the reasons:

Foreclosures are NOT fun – Be prepared to earn your bargain

Are Foreclosures are Selling Faster than Traditional Homes?

Stripped and Violated: This House could be Next Door to You

 

The average foreclosure price is $78,400 compared to the overall

average home sale price of $119,600.

When the short sales are taken out of the total, the average home

sale price is now $160,900.


Bank foreclosure houses are typically not priced to compare to the

homes in the neighborhood in good condition. The foreclosure homes are

usually abused and need lots of work to be similar in value to other houses

in the neighborhood. Some need literally everything to be habitable!!

Most households ended up spending more than they thought they would.

To get the home of their dreams, they spent between $100,00

and $200,00, on average.

If a first home or larger home is in the plans for you, we would

be honored to assist you in the process of purchasing the

“home of your dreams”.



Search Grand Rapids Homes for Sale

Featured Grand Rapids Homes

Greater Grand Rapids Area Information


Contact me: 1-888-240-1968 x 0 toll free

Website url: Terry Westbrook.com

Email: terry@TerryWestbrook.com

www.seeing-stars.com/OC/Caleb-JulieMansion.shtml

Copyright by Terry Westbrook 2008