You are currently browsing the category archive for the ‘East Grand Rapids MI Real Estate’ category.

We have a 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.  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 1970’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.

Gaslight Village Sign East GR MI

The total square footage is noted here, although only the main floors

are used to figure price per square foot.

May 2010 – 19 TOP BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $70.24 to $108.84

Highest List Price –  $ 263,000

Lowest List Price –  $ 84,999

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

729 Gladstone Dr SE   $ 84,999      800 Sq Ft   $106.25/SqFt

2714 Cascade Rd SE   $119,900    1900 SqFt     $92.23/SqFt

293 Rosewood Ave    $130,000     1422 Sq Ft   $104.67/SqFt

252 Hodenpyl Rd       $147,500    1489 Sq Ft    $99.06/SqFt

630 Rosewood Ave    $149,500   1862 Sq Ft     $80.29/SqFt

1647 Franklin St          $149,990    1392 Sq Ft   $107.75/SqFt

1707 Hall St SE           $160,000     2229 Sq Ft    $91.27/SqFt

950 Breton Rd SE       $ 169,900    1561 Sq Ft    $108.84/SqFt

1420 Laurel Ave SE     $175,000    1728 Sq FT    $101.27/SqFt

2053 Englewood Dr    $178,000     1954 Sq Ft    $106.84/SqFt

2840 Cascade Rd        $189,000     2272 Sq Ft   $105.47/SqFt

2206 Stratford Ct       $193,500     2918 Sq Ft   $88.44/SqFt

2150 Anderson Dr      $195,000     3322 Sq Ft   $70.24/SqFt

9 Morningside Dr      $199,500      2400 Sq Ft    $99.75/SqFt

3030 Cascade Rd SE   $199,900     3000 Sq Ft    $106.44/SqFt

1401 Pinecrest Ave   $218,000     2350 Sq Ft    $103.02/SqFt

1146 San Jose Dr SE  $219,900     2446 Sq Ft    $107.48/SqFt

1773 Oxford Dr SE     $260,000     3000 Sq Ft   $108.24/SqFt

3030 Fulton St E        $263,000    3460 Sq Ft   $106.05/SqFt

East Grand Rapids homes are selling. If you have been waiting

for the  right time to buy, don’t wait much longer.  We are

seeing definite signs  of competition for homes in East Grand

Rapids and  Forest Hills.

Homes in good condition and priced appropriately are selling.

There are fewer home available this month in East Grand Rapids

and prices are generally higher, only 1 home under $100K.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present

condition.*

East GR  Real Estate Market Articles

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

Share this post :

_____________________________________________________________________________________________________

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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

We have gathered a list of the top East Grand Rapids 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.  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 per square foot than a home that still has the

1970’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.

Gaslight Village Sign East GR MI

The total square footage is noted here, although only the main floors

are used to figure price per square foot.

April 2010 – 22 TOP BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $70.24 to $108.33

Highest List Price -  $ 269,500

Lowest List Price -  $ 74,999

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

 

729 Gladstone Dr SE   $ 74,999      800 Sq Ft   $93.75/SqFt

2361 Burchard St        $118,900    1455 Sq Ft   $102.94/SqFt

2714 Cascade Rd SE   $129,900    1900 SqFt     $99.92/SqFt

612 Gladstone Dr SE   $129,900     1268 Sq Ft  $102.44/SqFt

293 Rosewood Ave    $130,000     1422 Sq Ft    $104.67/SqFt

 

2530 Cascade Rd SE   $139,900    2200 SqFt    $86.88/SqFt

430 Gladstone Dr SE   $140,000   1624 Sq Ft   $86.21/SqFt

630 Rosewood Ave     $149,500   1862 Sq Ft   $80.29/SqFt

252 Hodenpyl Rd       $149,900    1489 Sq Ft    $100.67/SqFt

1647 Franklin St          $149,990    1392 Sq Ft   $107.75/SqFt

 

324 Gladstone Dr SE   $165,000    1538 Sq Ft   $107.28/SqFt

1160 Conlon Ave SE    $180,000    1889 Sq Ft   $95.29/SqFt

2840 Cascade Rd        $189,000     2272 Sq Ft   $105.47/SqFt

1707 Hall St SE           $189,900   2229 Sq Ft    $108.33/SqFt

2150 Anderson Dr      $195,000    3322 Sq Ft   $70.24/SqFt

 

9 Morningside Dr      $199,500    2400 Sq Ft    $99.75/SqFt

3030 Cascade Rd SE   $199,900    3000 Sq Ft  $106.44/SqFt

1146 San Jose Dr SE  $219,900    2446 Sq Ft   $107.48/SqFt

1401 Pinecrest Ave   $220,000    2350 Sq Ft   $103.97/SqFt

1773 Oxford Dr SE     $260,000     3000 Sq Ft   $108.24/SqFt

 

3030 Fulton St E        $263,000    3460 Sq Ft   $106.05/SqFt

1120 Breton Rd SE    $269,500     3364 Sq Ft    $106.77/SqFt

 

East Grand Rapids homes are selling.  If you have been waiting for the

right time to buy, don’t wait much longer.  We are seeing definite signs

of competition for homes in East Grand Rapids and  Forest Hills.

Homes in good condition and priced appropriately are selling. There

are fewer home available this month in East Grand Rapids but

prices are generally higher.

*Some of these homes may be bank owned foreclosures and not habitable

as is or available for a mortgage in present condition.*

East GR  Real Estate Market Blogs

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

Share this post :

_____________________________________________________________________________________________________

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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Current Real Estate Market Report For East Grand Rapids Michigan

East Grand Rapids MI Public Library

Absorption rate for East Grand Rapids MI housing market is currently

at 8 months, which means if no new listings come on the

East Grand Rapids market, it will take 8 months for the existing

home inventory to sell.

There are 157 active listings on the East Grand Rapids market,

typically a larger inventory in the spring ranging from

$74,999 to $2,995,000.

30 Pending Home Sales

28 Sold Homes with sold prices ranging from $ 63,000 to $ 599,000

for the first quarter of 2010 in East Grand Rapids housing inventory.

East Grand Rapids Homes  up to  $200,000

Active Listings – 48

Pending  – 13

Sold – 16

Avg Sold Price – $158,230

Avg List Price – $158,696

East Grand Rapids Homes  $200,000 to $300,000

Active Listings  –  40

Pending – 10

Sold –  6

Avg Sold Price – $ 243,583

Avg. List Price – $249,530

East Grand Rapids Homes $ 300,001 to $450,000

Active Listings – 44

Pending –  5

Sold  – 4

Avg Sold Price – $ 352,625

Avg List Price – $ 390,873

East Grand Rapids Homes  $ 450,001 ++

Active Listings  –  25

Pending – 2

Sold – 2

Avg Sold Price – $ 567,000

Avg List Price – $ 852,228


The lower end of this market (under $300K) is the busy end

of the sales in the first quarter.  With the current lowest list price

at $ 74,999,  it looks like the bargain basement days in EGR housing

are over.  Homes in the higher prices are selling, but at a

slower rate. We are still seeing sold price erosion in the homes priced

over $200,000.

The Absorption rate is over the normal range for East Grand Rapids

homes by 2 months.  This shows an uptick in inventory and no uptick

in sales to match.

East Grand Rapids Real Estate Market Reports

East Grand Rapids Michigan ~ America’s Hometown

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_____________________________________________________________________________________________________

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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

We have gathered a list of the top Grand Rapids Township Houses

to buy based on price per square foot.  An added bonus, these

Grand Rapids Township Homes are in East Grand Rapids or

Forest Hills Public School system.  If you are new to the Grand Rapids

area, Grand Rapids Township taxes are lower than East Grand Rapids,

Grand Rapids, or Ada Township.

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

some homes go through a lengthy approval process, 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.

Meijer Gardens Entrance Grand Rapids Township MI

The total square footage is noted here, although only the

main floors are used to figure price per square foot.

Grand Rapids Township:

Lowest price per Sq Ft    $59.45

Highest price per Sq Ft   $98.04

March 2010  BEST BUY GR Township Homes

Highest list price is $ 239,900

Lowest list price is  $ 79,900

Top Best Buy Grand Rapids  Township Homes by Price/Sq Ft:

3164 Dean Lake Ave    $ 79,900     1040 SqFt    $76.83/SqFt

3100 Windcrest Ct NE  $ 89,900     1209 SqFt   $74.36/SqFt

3914 Cascade Rd SE     $ 90,000     1240 SqFt   $72.58/SqFt

3165 Windcrest Dr      $110,000    1209 SqFt    $90.98/SqFt

3747 Bradford St NE    $114,900    1640 SqFt   $70.06/SqFt

 

3379 Fulton St E         $118,000     1985 SqFt   $59.45/SqFt

1791 Grand Ct NE       $118,900     1600 Sq Ft   $74.31/SqFt

1787 Park Trl NE          $119,900    1600 Sq Ft  $74.94/SqFt

3435 Dean Lake Ave   $119,900     1311 SqFt   $91.46/SqFt

1773 Park Trl NE         $121,900    1600 Sq Ft   $76.19/SqFt

 

3333 Park Ridge Ln     $124,300    1600 SqFt    $77.69/SqFt

2450 Maguire Ave       $124,900    2084 SqFt    $98.04/SqFt

1789 Grand Ct NE       $124,900    1600 Sq Ft  $78.06/SqFt

3346 Dean Lake Ave   $139,900    2520 SqFt   $79.58/SqFt

1170 Farnsworth Ave  $139,900    2200 SqFt   $96.48/SqFt

 

2309 3 Mile Rd NE     $149,900    3340 SqFt    $70.54/SqFt

2755 Pinesboro Dr    $159,900    1907 SqFt    $83.85/SqFt

3351 Nottingham Dr  $169,900   2202 SqFt    $91.15/SqFt

3365 Cascade Rd SE   $170,000   1758 SqFt    $96.70/SqFt

43 Robinhood Dr NE   $189,900   2328 SqFt   $94.20/SqFt

 

205 Shore Haven Dr    $199,900   2652 SqFt   $75.38/SqFt

493 Arrowhead Ave    $226,000  3284 SqFt   $81.18/SqFt

201 Shore Haven Dr    $239,900  2600 Sq Ft   $92.27/SqFt

 

 

In this area of Grand Rapids, as well as others, there are fewer

really great home bargains on the market. If you have been

waiting for prices to start climbing and inventory to shrink, the

time appears to be here.  List price and price per square foot are

both higher for all homes this month.

 

*Some of these homes may be bank owned foreclosures and

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

If you have questions about Grand Rapids Township or Grand

Rapids homes, please contact me directly:

1-888-240-1968 ext 0

email: terry@terrywestbrook.com

Photo of Frederick Meijer Gardens Entrance 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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

We have gathered a list of the top East Grand Rapids 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.  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 per square foot than a home that still has the

1970’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.

Gaslight Village Sign East GR MI

The total square footage is noted here, although only the main floors

are used to figure price per square foot.

March 2010 – 30 TOP BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $57.07 to $119.88

Highest List Price –  $ 339,500

Lowest List Price –  $ 67,000

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

2201 Audubon Dr Se   $ 67,000      1174 Sq Ft   $57.07/SqFt

729 Gladstone Dr SE   $ 74,999      800 Sq Ft   $93.75/SqFt

2361 Burchard St        $125,900    1455 Sq Ft   $109.00/SqFt

612 Gladstone Dr SE   $139,900     1268 Sq Ft  $110.33/SqFt

2714 Cascade Rd SE   $139,900    1900 SqFt     $107.62/SqFt

630 Rosewood Ave    $149,500     1862 Sq Ft    $80.29/SqFt

2115 Tenway Dr SE     $149,900    1395 Sq Ft   $107.46/SqFt

2665 Richards Dr SE   $149,900    1573 SqFt     $116.65/SqFt

1647 Franklin St          $149,900    1392 Sq Ft   $107.69/SqFt

210 Hodenpyl Rd SE    $152,900    2336 Sq Ft   $117.80/SqFt

252 Hodenpyl Rd       $154,900    1489 Sq Ft    $104.03/SqFt

2530 Cascade Rd SE   $159,900    2200 SqFt    $99.38/SqFt

847 Orchard Ave        $159,900    1350 Sq Ft   $118.44/SqFt

2144 Tenway Dr SE    $162,900    2158 Sq Ft   $119.60/SqFt

2937 Lake Dr              $179,900   1602 Sq Ft    $112.30/SqFt

2840 Cascade Rd        $189,000     2272 Sq Ft   $105.47/SqFt

1420 Laurel Ave SE     $189,900   1728 Sq Ft    $109.90/SqFt

1707 Hall St SE           $189,900   2229 Sq Ft    $108.33/SqFt

1401 Rosalind Rd SE   $199,900   1909 SqFt     $104.71/SqFt

2150 Anderson Dr      $209,000    3322 Sq Ft   $75.29/SqFt

3030 Cascade Rd SE    $209,900    3000 Sq Ft  $111.77/SqFt

1401 Pinecrest Ave   $220,000    2350 Sq Ft   $103.97/SqFt

1146 San Jose Dr SE  $225,000    2446 Sq Ft   $109.97/SqFt

911 Ogden Ave SE     $227,500    1919 Sq Ft   $118.55/SqFt

1746 Danby Ln SE      $239,000    3479 Sq Ft   $109.43/SqFt

1773 Oxford Dr SE     $260,000     3000 Sq Ft   $108.24/SqFt

3030 Fulton St E        $263,000    3460 Sq Ft   $106.05/SqFt

1245 Woodshire Ave $269,500    2248 Sq Ft   $119.88/SqFt

1120 Breton Rd SE    $269,500    3364 Sq Ft   $106.77/SqFt

1418 Woodcliff Dr     $339,500   3114 Sq Ft    $109.02/SqFt

East Grand Rapids homes are selling. If you have been waiting for the

right time to buy, don’t wait much longer.  We are seeing definite signs

of competition for homes in East Grand Rapids and  Forest Hills.

Homes in good condition and priced appropriately are selling. There

is an increase in homes available this month in East Grand Rapids but

prices are generally higher.

*Some of these homes may be bank owned foreclosures and not habitable

as is or available for a mortgage in present condition.*

East GR  Real Estate Market Blogs

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

Share this post :

_____________________________________________________________________________________________________

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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

We have gathered a list of the top East Grand Rapids 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.  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 per square foot than a home that still has the

1970’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.

Gaslight Village Sign East GR MI

The total square footage is noted here, although only the main floors

are used to figure price per square foot.

February 2010 – 25 TOP BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $75.29 to $116.65

Highest List Price -  $ 349,700

Lowest List Price -  $ 79,900

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

729 Gladstone Dr SE   $  79,900      800 Sq Ft   $99.88/SqFt

1148 Lakeside Dr SE    $ 89,900      900 Sq Ft   $99.89/SqFt

2361 Burchard St        $125,900    1455 Sq Ft   $109.00/SqFt

2360 Lake Dr SE         $137,000     1582 Sq Ft   $86.60/SqFt

612 Gladstone Dr SE   $139,900     1268 Sq Ft  $110.33/SqFt

 

159 El Centro Blvd      $149,900    1848 Sq Ft   $81.11/SqFt

1530 Groton Rd         $149,900    1694 Sq Ft    $97.34/SqFt

2714 Cascade Rd SE   $149,900    1900 SqFt     $115.31/SqFt

2665 Richards Dr SE   $149,900    1573 SqFt     $116.65/SqFt

1647 Franklin St          $149,900    1392 Sq Ft   $107.69/SqFt

 

2115 Tenway Dr SE      $154,900    1395 Sq Ft   $111.04/SqFt

847 Orchard Ave        $159,900    1350 Sq Ft   $118.44/SqFt

252 Hodenpyl Rd       $159.900    1489 Sq Ft    $107.39/SqFt

1433 Edgewood Ave  $165,900   1738 Sq Ft    $94.94/SqFt

2752 Robinson Rd      $169,900   1532 Sq Ft    $110.90/SqFt

 

2530 Cascade Rd SE   $179,900    2200 SqFt    $111.88/SqFt

2937 Lake Dr              $179,900   1602 Sq Ft    $112.30/SqFt

1707 Hall St SE           $189,900   2229 Sq Ft    $108.33/SqFt

2840 Cascade Rd        $199,000     2272 Sq Ft   $111.55/SqFt

2150 Anderson Dr      $209,000    3322 Sq Ft   $75.29/SqFt

 

 

1401 Pinecrest Ave   $220,000    2350 Sq Ft   $103.97/SqFt

330 Fulton St E         $263,000    3460 Sq Ft   $106.05/SqFt

1245 Woodshire Ave $269,500    2248 Sq Ft   $119.88/SqFt

1418 Woodcliff Dr     $339,500   3114 Sq Ft   $109.02/SqFt

 

1401 Breton Rd         $349,700     3873 Sq Ft   $102.85/SqFt

 

East Grand Rapids homes are selling.  If you have been waiting for the

right time to buy, don’t wait much longer.  We are seeing definite signs

of competition for homes in some areas, like East Grand Rapids and

Forest Hills. Homes in good condition and priced appropriately are

selling quickly.

*Some of these homes may be bank owned foreclosures and not habitable

as is or available for a mortgage in present condition.*

East GR  Real Estate Market Blogs

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

 

Map picture

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_____________________________________________________________________________________________________

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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

The New Remodeling Magazine is out with the annual Cost vs Value Report.

SM Master Bath

One of the most common questions sellers and buyers ask me is:

"Should I remodel  or add on to my house? 

Is adding another bathroom going to be money I can recoup when I sell?"

 

Even today’s buyers that are buying at 2000 or before price levels, need

to be smart about home  improvements if they think they will be moving

in the next 10 years.  It is always intriguing that some areas of the

country value some home additions more or less than others.

 

This report gives an estimation of the return and an approximate cost of

several common remodels, additions and rehab projects in the home.  It

is specific to different regions of the country. 

 

2009-2010 COST vs VALUE REPORT

 

 Since we are from Grand Rapids Michigan we have directed you to that page

but you can navigate to other areas of the country from there. We hope this

article is helpful in the decision making process,  if you are considering a

home remodel or addition.

 

As always, feel free to call me about specific questions for your specific area.

 


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_____________________________________________________________________________________________________

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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

We have gathered a list of the top East Grand Rapids 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.  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 per square foot than a home that still has the

1970’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.

Gaslight Village Sign East GR MI

The total square footage is noted here, although only the main floors

are used to figure price per square foot.

 

January 2010 – 22 TOP BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $62.80 to $119.88

Highest List Price -  $ 450,000

Lowest List Price -  $ 89,900

 

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

729 Gladstone DrSE    $  89,900      800 Sq Ft   $112.38/SqFt

2361 Burchard St        $125,900    1455 Sq Ft   $109.00/SqFt

2258 Lake Dr SE         $142,000    2261 Sq Ft   $62.80/SqFt

159 El Centro Blvd      $149,900    1848 Sq Ft   $81.11/SqFt

1647 Franklin St          $149,900    1392 Sq Ft   $107.69/SqFt

 

847 Orchard Ave        $159,900    1350 Sq Ft   $118.44/SqFt

252 Hodenpyl Rd       $164,500    1489 Sq Ft    $110.48/SqFt

1530 Groton Rd         $169,900    1694 Sq Ft    $110.32/SqFt

2752 Robinson Rd      $169,900   1532 Sq Ft    $110.90/SqFt

1433 Edgewood Ave  $179,900   1738 Sq Ft    $103.51/SqFt

 

2937 Lake Dr              $179,900   1602 Sq Ft    $112.30/SqFt

1160 Conlon Ave        $180,000   1889 Sq Ft    $95.29/SqFt

1707 Hall St SE           $189,900   2229 Sq Ft    $108.33/SqFt

2840 Cascade Rd        $209,000     2272 Sq Ft   $116.63/SqFt

2150 Anderson Dr      $209,000    3322 Sq Ft   $75.29/SqFt

 

1747 Danby Lane       $215,000     1951 Sq Ft   $110.20/SqFt

1401 Pinecrest Ave   $220,000    2350 Sq Ft   $103.97/SqFt

1150 Gladstone Dr    $240,000    4220 Sq Ft   $102.56/SqFt

330 Fulton St E         $263,000    3460 Sq Ft   $106.05/SqFt

1245 Woodshire Ave $269,500    2248 Sq Ft   $119.88/SqFt

 

1401 Breton Rd        $349,700     3873 Sq Ft   $102.85/SqFt

455 Plymouth Ave    $450,000     3852 Sq Ft   $116.82/SqFt

 

East Grand Rapids bargains have all but disappeared.   Only one home

under $100K (it is under 1000 square feet) has been listed for the past

8 months.

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

longer.  We are seeing definite signs of competition for homes in most

areas, like East Grand Rapids and Forest Hills. Homes in good condition

and priced appropriately are selling quickly. 

*Some of these homes may be bank owned foreclosures and not habitable

as is or available for a mortgage in present condition.*

East GR  Real Estate Market Blogs

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


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_____________________________________________________________________________________________________

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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

We are on the front lines of property values and were well aware this day

would come. We have seen property values fall from 15-30% in the past

3 years for local communities. ( Read our Blog post about home values)

  The effects of this devaluation still has shock value  for many  living in

our local areas.  We have watched poorer school districts struggle  to

allocate funding with the financial news from Lansing being dire and

changing constantly.  It has now started to hit our more affluent areas

and these parents are confused and angry.

 

See comments on this Mlive article about East Grand Rapids cutting their
budget with more cuts to come.

 

Ada Elem sign

 

We attended the Forest Hills Superintendant’s meeting last fall about

a $10 million dollar projected shortfall in their 2010-2011 school budget.

They are not getting any definite answers from the state on what cuts

will be until after they set their annual budget ( This is truly bizarre but

the state government runs its own show).

 

Both East Grand Rapids and Forest Hills have fixed costs because of

teacher and staff contracts.  Our understanding is that these are about

70% of the budget in Forest Hills. [See FHPS Funding Facts }  Dan Behm,

the Forest Hills Superintendant told our group of concerned citizens

that if he eliminated transportation and sports, that there would

still be $3 million shortfall and he would have to look for another job

because of angry parents.

 

We don’t offer any solutions, but we do need to look at all items on

the budget. Nothing is sacrosanct, not  teacher salaries, retirement

or healthcare.  The same belt-tightening and elimination of non-essential

items that has affected business and personal budgets for the last 3 years

and longer in the state of Michigan is reducing funds for public services

in our state. 


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FHPS Funding Facts

 

____________________________________________________________________________

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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

Current Real Estate Market Report For East Grand Rapids Michigan

East Grand Rapids MI Public Library

Absorption rate for East Grand Rapids MI housing market is currently

at 6.3 months, which means if no new listings come on the

East Grand Rapids market, it will take 6.3 months for the existing

home inventory to sell.

There are 111 active listings on the East Grand Rapids market now,

typically a leaner market in winter ranging from $89,900 to $3,600,000.

25 Pending Home Sales

210 Sold Homes with sold prices ranging from $ 25,000 to $ 1,750,000

from Jan 1, 2009 in East Grand Rapids housing inventory.

 

East Grand Rapids Homes  up to  $200,000

Active Listings – 29

Pending  – 7

Sold – 81  

Avg Sold Price – $145,265  139,240

East Grand Rapids Homes  $200,000 to $300,000

Active Listings  -  25

Pending – 2

Sold -  51

Avg Sold Price – $ 246,601  250,468

East Grand Rapids Homes $ 300,001 to $450,000

Active Listings – 34

Pending -  1

Sold  – 46

Avg Sold Price – $ 358,789 363,813

East Grand Rapids Homes  $ 450,001 ++

Active Listings  -  23

Pending – 2

Sold – 20

Avg Sold Price – $ 711,025

The lower end of this market (under $300K) has seen about 50 %

of the sales in the last year.  With the current lowest list price

at $ 89,900,  it looks like the bargain basement days in EGR housing

are over.  Homes in the higher prices are selling, but at a

slower rate.

The Absorption rate is in the normal range for East GR

homes at this point, something we haven’t seen for a  few years.

It looks like East Grand Rapids is coming out of the the recent

real estate downturn on a faster pace than other

local communities.

 

 

East Grand Rapids Real Estate Market Reports

East Grand Rapids Michigan ~ America’s Hometown

 


Share this post :

_____________________________________________________________________________________________________

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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

Grand Rapids Photos

Eureka AR view

View from the Crescent Hotel Eureka AR

The Crescent Hotel Eureka AR

View from adjacent mountain of Eureka AR

Catholic Church Eureka AR

More Photos

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