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The Residences at Watermark are located on Watermark Golf Course just
south of Cascade Road. Yes, I play Watermark golf course every chance
I get. Watermark is a premier course with friendly players.
It has an excellent grounds staff and a great pro shop staff, as well.
Watermark single family homes and condos make this a very attractive
place to live. Quality built homes with access off Cascade Road and
Spaulding Drive, you are close to the airport, 28th Street shopping,
I96 expressway and close to Cascade, Ada, and Forest Hills
schools and shopping areas.
Watermark Residences
Jan-Dec 2009 Real Estate Market Report
For Sale: 9
There are 9 active Watermark Homes currently on the market.
The median Watermark Homes current active price is $ 538,875
The average Watermark Homes current price per sq ft is $242.10
The average days on the market for active Watermark Homes is 147
The high price is $ 735,000 and the low price is $ 369,900.
Sold: 3
There have been 3 Watermark Sold Homes since Jan 1, 2009.
The average Watermark Sold Home price is $ 454,667
The average Watermark Sold Homes price per sq ft is $178.70
The average days on the market for Watermark Sold Homes is 167.
Pending: 0
Expired: 9
At the current rate of sales, we have a 32 month Absorption rate at the
Watermark Residences. This means that it will take 32 months for the
current listed homes to sell based on the current rate of sales.
Watermark buyers don’t seem very interested at the present prices.
The listed avg. price/square foot is about $60 more than the 3 sales
so far this year.
Additional articles about Watermark Residences:
Forest Hills Michigan Real Estate 2009
Watermark CC Golf Pro ~ Mark Wilson
Watermark Country Club ~ Pool Time
The Grille Restaurant at Watermark
If you would like further information about Watermark Residences
Cascade or Forest Hills Homes, please contact me directly:
1-888-240-1968 ext 0
_____________________________________________________________________________________________________
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!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
We have gathered a list of the top Rockford Houses to buy
based on price per square foot, one of the best ways to sort
through homes for values.
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 updating with 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 new roofs & mechanicals.
*Some of these homes may be bank owned foreclosures and
not habitable as is or available for a mortgage in present condition.*
Check back often or just subscribe to our blog to get
up-to-date local real estate information that you want to know.
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.
November 2009 32 Top BEST BUY Homes Rockford, Michigan.
The lowest list price is $ 64,900
The highest list price is $369,900
Lowest price/Sq Ft range from $48.80 to $84.16
The Top Rockford Homes to Buy by Price per Square Foot:
6485 West River Dr $59,900 1330 Sq Ft $454.04/SqFt
6757 Cannon Center $79,500 1250 Sq Ft $63.60/SqFt
159 Cahill Dr $79,900 1008 Sq Ft $79.27/SqFt
107 S Main St $80,000 1530 Sq Ft $59.22/SqFt
4837 13 Mile Rd $84,900 1300 Sq Ft $65.31/SqFt
3955 Butternut Dr $88,600 1184 Sq Ft $74.83/SqFt
2153 Post Dr NE $89,900 1281 Sq Ft $70.18/SqFt
162 E Division St $90,000 1782 Sq Ft $50.51/SqFt
5035 Bear Ave $99,900 1629 Sq Ft $61.33/SqFt
2720 Rogue River $99,900 1600 Sq Ft $68.61/SqFt
221 W Division St $125,000 3141 Sq Ft $39.80/SqFT
8596 Sunny Hours $127,500 4454 Sq Ft $45.63/SqFt
7991 Cannonsburg $130,000 1864 Sq Ft $69.74/SqFt
4351 Porter Hollow $134,900 2000 Sq Ft $67.45/SqFt
5302 10 Mile Dr $149,900 1843 Sq Ft $81.33/SqFt
6868 Peninsula Dr $154,900 2000 Sq Ft $77.45/SqFt
2390 Rogue River $159,900 1992 Sq Ft $80.27/SqFt
10676 Trailside Wds $165,700 2140 Sq Ft $77.43/SqFt
1479 10 Mile Rd $169,900 2164 Sq Ft $78.51/SqFt
9204 N Division $179,900 2418 Sq Ft $74.40 /SqFt
7331 Old Mission $184,900 2208 SqFt $83.74/SqFt
5693 Tiffany Ave $184,900 3488 Sq Ft $53.01/SqFt
647 Highlander Dr $189,900 3050 Sq Ft $64.03/SqFt
6160 Belding Rd $199,900 2524 Sq Ft $78.82/SqFt
7031 Bonaire Ct NE $200.000 3160 Sq Ft $73.58/SqFt
6754 Blythefield $200,000 3392 Sq Ft $82.30/SqFt
6160 Belding Rd $199,900 2524 Sq Ft $83.16/SqFt
7690 N ArroyoVista $229,900 3500 SqFt $82.11/SqFt
7758 Pine Island Ct $369,900 4395 Sq Ft $84.16/SqFt
There are still bargains to be had in the Rockford area, there
are 10 listings under $100K. If you are thinking of
buying in Rockford, now is the time to be looking. Prices are
climbing in other areas of the Grand Rapids market. Homes
that are in great condition and priced right are selling quickly.
"Below tax appraisal" priced homes are disappearing from the
market in some areas of Grand Rapids.
Don’t overlook the $8000 tax credit for first time home buyers
or buyers who haven’t owned a home for the last 3 years; also,
up to a $6500 tax credit for existing homeowners.
Rockford Michigan Real Estate Market Blogs
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
This charming two story Tudor home in Ottawa Hills will be coming on the
market soon. With 3 bedrooms up, 1 1/2 baths, hardwood floors, and
2 stall garage attached, this home has a very livable floor plan.
Built in 1931 with quality materials, it has lots of built in character
with a fireplace and bay window in the living room. A sun room, formal
dining room, kitchen with new laminate flooring, new roof in 2008,
and 2009 painted wood exterior.
Ready for new owners to move in and enjoy the neighborhood.
The new Grand Rapids Christian Elementary School being built on
the site of the old Ottawa Hills High School, recently Iroquois Middle
School, is expected to be completed in fall 2010.
We have gathered a list of the top Rockford Houses to buy
based on price per square foot, one of the best ways to sort
through homes for values.
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 updating with 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 new roofs & mechanicals.
*Some of these homes may be bank owned foreclosures and
not habitable as is or available for a mortgage in present condition.*
We will NOT Be listing SHORT SALES on this list, if known.
Check back often or just subscribe to our blog to get
up-to-date local real estate information that you want to know.
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.
September 2009 23 Top BEST BUY Homes Rockford, Michigan.
The lowest list price is $ 44,900
The highest list price is $369,900
Lowest price/Sq Ft range from $52.76 to $84.16
The Top Rockford Homes to Buy by Price per Square Foot:
179 Hunter’s Lane $ 44,900 851 Sq Ft $52.76/SqFt
6731 Boca Vista Dr $ 64,900 990 Sq Ft $65.56/SqFt
6905 Northland Dr $ 64,900 1028 Sq Ft $63.13/SqFt
6711 Boca Vista Dr $ 72,900 960 Sq Ft $75.94/SqFt
6701 Boca Vista Dr $74,900 960 Sq Ft $78.02/SqFt
6681 Boca Vista Dr $75,850 960 Sq Ft $79.01/SqFt
6757 Cannon Ctr $79,500 1250 Sq Ft $63.60/SqFt
7730 Belding Rd NE $87,900 1181 Sq Ft $74.43/SqFt
218 Hunters Lane $91,900 1144 Sq Ft $80.33/SqFt
8825 Castle Hill Dr $103,500 1641 Sq Ft $75.88/SqFt
3103 13 Mile Rd NE $106,900 1564 Sq Ft $68.35/SqFt
5035 Bear Ave $109,900 1629 Sq Ft $67.46/SqFt
7635 10 Mile Rd NE $109,900 1832 Sq Ft $59.99/SqFt
7006 S Cannon Pl $119,900 1500 Sq Ft $79.93/SqFt
125 Prospect St $129,900 2548 Sq Ft $50.98/SqFt
4351 Porter Hollow $134,900 2000 Sq Ft $67.45/SqFt
120 E Division St $134,900 2100 Sq Ft $77.09/SqFT
10636 Trailside Wds $138,688 1936 Sq Ft $71.64/SqFt
3426 Thistle Dhu $139,000 1662 Sq Ft $83.63/SqFt
5302 10 Mile Dr $149,900 1843 Sq Ft $81.33/SqFt
6880 Peninsula Dr $154,900 2000 Sq Ft $77.45/SqFt
6874 Peninsula Dr $154,900 2000 Sq Ft $77.45/SqFt
6156 Meadowlark $169,900 3364 Sq Ft $75.51/SqFt
5645 Ramsdell Dr $169,900 2300 Sq Ft $73.87/SqFt
9204 N Division $179,900 2418 Sq Ft $74.40/SqFt
1479 10 Mile Rd $179,900 2164 Sq Ft $83.13/SqFt
647 Highlander Dr $189,900 3050 Sq Ft $62.26/SqFt
7031 Bonaire Ct NE $199,900 3160 Sq Ft $73.55/SqFt
6754 Blythefield $200,000 3392 Sq Ft $82.30/SqFT
7758 Pine Island Ct $369,900 4395 Sq Ft $84.16/SqFt
There are still quite a few bargains to be had in the Rockford
area, there are 9 listings under $100K. If you are thinking of
buying in Rockford, now is the time to be looking. Prices are
climbing. Homes that are in great condition and priced right
are selling quickly. “Below tax appraisal” priced homes are
disappearing from the market in some areas of Grand Rapids.
Don’t overlook the $8000 tax credit for first time home buyers
or buyers who haven’t owned a home for the last 3 years.
This will be available for homes closed until November 30, 2009,
but time is running out—-unless Congress extends it.
Rockford Michigan Real Estate Market Blogs
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
Current market conditions have brought home prices down to levels
we haven’t seen in several years. All price levels and amenities
have been affected.
Now may be a great time to purchase a Waterfront Home.
We have included a list of 22 homes in Eastern Kent County Michigan
in the $99,000 to $200,000 price range with private water frontage.
Summer is a real active time in this market, there is 1 sold and
5 pending sales in this market area for the last 3 months.
Address Price
2255 Riverbank Ave NE $ 99,000 *
12166 Lappley Ave NE $ 99,000 *
1915 Laraway Lake Dr SE $ 119,900
2201 Shady Dr NE $ 120,000
4575 Abrigador Trl NE $ 127,000
4351 Porter Hollow Dr NE $ 134,900
3574 Michigan St NE $ 144,900
7159 Pennisula Dr NE $ 145,900
7073 Pennisula Dr NE $ 149,900 *
4565 Wakefield Ave NE $ 153,500 *
9027 Brouwer Lake Rd NE $ 159,900
7111 Eva Dr NE $ 159,900
8820 66th St SE $ 169,900
1542 Lamberton Lake Dr NE $ 174,900
2121 High Bluff Dr NE $ 185,000
2780 Thornapple River Dr SE $ 189,000
1122 Northland Dr NE $ 189,900 *
7021 Pennisula Dr NE $ 199,000
5065 Porter Hollow Dr NE $ 199,876
3300 Shadyside Dr NE $ 199,900
7214 Ramsdell Dr NE $ 199,900
8787 Running Deer Ln SE $ 199,900 *
* = new listing this month
If you are eligible for a first time buyer tax credit, buying a home
could be less than you think.
The above link will take you to an explanation of the 2009 tax
credit and some possible applications I have provided.
If a leisure lifestyle appeals to you, this may be the perfect time
to make your move. I am always available for questions or details
concerning Michigan real estate. 1-888-240-1968 X 0
Grand Rapids MI Real Estate ~ Westbrook Realty
Copyright 2009 All rights reserved
Grand River photo by Bonnie Westbrook
We have gathered a list of the top Rockford Houses to buy
based on price per square foot, one of the best ways to sort
through homes for values.
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 updating with 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 new roofs & mechanicals.
*Some of these homes may be bank owned foreclosures and
not habitable as is or available for a mortgage in present condition.*
Check back often or just subscribe to our blog to get
up-to-date local real estate information that you want to know.
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.
August 2009 23 Top BEST BUY Homes Rockford, Michigan.
The lowest list price is $ 49,900
The highest list price is $240,000
Lowest price/Sq Ft range from $29.76 to $73.95
The Top Rockford Homes to Buy by Price per Square Foot:
179 Hunter’s Lane $ 49,900 851 Sq Ft $58.64/SqFt
9394 Parmeter Ave $60,000 2016 Sq Ft $29.76/SqFt
6731 Boca Vista Dr $ 67,900 990 Sq Ft $68.59/SqFt
8539 Courtland Dr $ 69,900 1080 Sq Ft $64.72/SqFt
6691 Boca Vista Dr $ 69,900 960 Sq Ft $72.81/SqFt
6485 West River Dr $ 69,900 1330 Sq Ft $52.56/SqFt
6757 Cannon Ctr $79,500 1250 Sq Ft $63.60/SqFt
6480 Belmont Ave NE $ 79,900 1773 Sq Ft $45.06/SqFt
107 S Main St $99,900 1530 Sq Ft $73.95/SqFt
125 S Main St $104,900 1688 Sq Ft $62.14/SqFt
7036 S Cannon Pl $110,000 1514 Sq Ft $72.66/SqFt
6452 Bella Vista Dr NE $114,900 1848 SqFt $62.18/SqFt
5035 Bear Ave $114,900 1629 Sq Ft $70.53/SqFt
125 Prospect St $129,900 2548 Sq Ft $50.98/SqFt
6304 Belding Rd NE $129,900 2980 Sq Ft $43.59/SqFt
4351 Porter Hollow Dr $134,900 2000 Sq Ft $67.45/SqFt
5645 Ramsdell Dr NE $169,900 2300 Sq Ft $73.87/SqFt
6879 Blue Ridge Dr NE $189.500 2800 Sq Ft $67.68/SqFt
8596 Sunny Hours Trl $189,900 4454 Sq Ft $67.97/SqFt
5134 Corchel Hls NE $189,900 2696 Sq Ft $70.44/SqFt
647 Highlander Dr NE $199,320 3050 Sq Ft $65.35/SqFt
7031 Bonaire Ct NE $199,900 3160 Sq Ft $73.55/SqFt
5693 Tiffany Ave NE $240,000 3488 Sq Ft $68.81/SqFt
There are still quite a few bargains to be had in the Rockford
area, ther eare 8 listings under $80K. If you are thinking of
buying in Rockford, now is the time to be looking. The below
Tax appraisal priced homes are disappearing from the market
in some areas of Grand Rapids.
Don’t overlook the $8000 tax credit for first time home buyers
or buyers who haven’t owned a home for the last 3 years.
This will be available for homes closed until November 30, 2009,
unless Congress extends it. There is the possibility of using
the $8000 tax credit towards your down payment.
Contact me for details.
Rockford Michigan Real Estate Market Blogs
If you would like to view a Rockford Top Best Buys Home,
please contact us 1-888-240-1968 ext 0
or email terry@terrywestbrook.com
Grand Rapids Ada Real Estate ~ Westbrook Realty
Copyright 2009 All rights reserved
Current market conditions have brought home prices down to levels
we haven’t seen in several years. All price levels and amenities
have been affected.
Now may be a great time to purchase a Waterfront Home.
I have included a list of 24 homes in Eastern Kent County Michigan
in the $100,000 to $200,000 price range with private water frontage.
- Grand River Ada Michigan
Address Price
1915 Laraway Lake Dr SE $ 119,900
2201 Shady Dr NE 120,000
4575 Abrigador Trl NE 127,000
4351 Porter Hollow Dr NE 134,900
1038 N Hampton Dr NE 139,900
3574 Michigan St NE 144,900
7159 Pennisula Dr NE 145,900
4565 Wakefield Ave NE 153,500
9027 Brouwer Lake Rd NE 159,900
7111 Eva Dr NE 159,900
7073 Pennisula Dr NE 160,000
3067 Valley View Dr NE 169,900
8820 66th St SE 169,900
6655 West River Dr NE 169,900
1542 Lamberton Lake Dr NE 174,900
2121 High Bluff Dr NE 185,000
6587 Summer Shores Dr SE 189,000
2780 Thornapple River Dr SE 189,000
7268 Pennisula Dr NE 189,900
4151 Bud Dr NE 189,900
8181 84th St SE 194,900
5065 Porter Hollow Dr NE 199,876
3300 Shadyside Dr NE 199,900
7214 Ramsdell Dr NE 199,900
If you are eligible for a first time buyer tax credit, buying a home
could be less than you think.
The above link will take you to an explanation of the 2009 tax
credit and some possible applications I have provided.
If a leisure lifestyle appeals to you, this may be the perfect time
to make your move. I am always available for questions or details
concerning Michigan real estate. 1-888-240-1968 X 0
Grand Rapids Ada Real Estate ~ Westbrook Realty
Copyright 2009 All rights reserved
Grand River photo by Bonnie Westbrook
It looks like the most affordable homes in the United States are in the
Midwest, according to CNNMoney.com’s latest posting about the Most
& the Least affordable cities to buy a home. New York and the California
dominate the least affordable cities to buy a home today.
Grand Rapids Michigan comes in 5th Most Affordable with an affordability
score of 92.9%.
CNNMoney’s lineup is as follows:
MOST AFFORDABLE
- Indianapolis, IN median home price – $107,000
- Youngstown, OH median home price – $ 73,000
- Detroit, MI median home price – $ 86,000
- Dayton, OH median home price – $105,000
- Grand Rapids, MI median home price – $100,000
LEAST AFFORDABLE
- New York City, NY median home price – $419,000
- San Francisco, CA median home price – $580,000
- Honolulu, HA median home price – $395,000
- Los Angeles, CA median home price – $294,000
- Santa Ana, CA median home price – $391,000
The foreclosure crisis that has hit the Midwest hard has influenced the
prices of homes in a downward trend for the past few years. The
auto industry is a big factor, although many of these Midwest cities, like
Grand Rapids are diversifying their economic base and will come out of
this much stronger and with many more people as homeowners.
If you are looking for a home in Grand Rapids Michigan, you are much
more likely to find a home you can afford than many other cities, which
is great news for the average home buyer today.
Grand Rapids Ada Real Estate – Westbrook Realty
Copyright 2009 All rights reserved
Lowell Michigan Real Estate Absorption Report ~ July 2009
Lowell Michigan is located on the Flat River just east of Grand Rapids, MI.
It has really grown in the last 20 years, in many ways. Lowell has a great
school system, a thriving business community, a lively arts society, and
is one of the best kept secrets in Kent County.
These are the statistics for home sales in the Lowell School District.
Active Listings: 177 Active Listings
Average Price: $251,741
Price per Sq Ft: $129.65 (Main Floor only)
Average days on the Market: 180
PENDING: 32 homes
SOLD: 104 Sold Homes
Average Sold Price: $ 146,115
Average Sold Price Per Sq Ft: $ 88.18 (Main floor only)
Average Sold Days on the Market: 103
These stats are figured from Jan 1, 2009 to July 30, 2009
Absorption Rate for Lowell Listings is 9 months for the
current housing inventory. If no other homes enter the market, it
will take 9 months for the current homes to sell at the current
rate of sales. This figure is inching down each month and is
getting closer to the normal range of 6-8 months.
Lowell Homes that are priced competitively are selling.
As you can see by the statistics, the homes that have their price
per square foot under $90 are seeing the most activity. There are
quite a few foreclosure or short sale homes which are bringing
down the average sales price and square footage rates lower than
they might normally be, but average list price is up slightly
and average sold price is up a bit from last months stats.
Some sellers have retired from the market and will try again soon,
filling an already saturated market.
They might find a better buying market, but price is still king.
Today’s buyer is looking for a well priced bargain in great condition.
Lowell Michigan Real Estate Market Reports
Lowell Michigan Top Best Home Buys July 2009
If you would like additional information about Lowell
Area Homes, please contact me through email or my web site.
Grand Rapids Ada Real Estate ~ Westbrook Realty
Copyright 2009 All rights reserved
Kentwood Michigan is a large suburb of Grand Rapids with a population
under 50,000. It has manufacturing, shopping centers, and lots and lots
of residential housing. Kentwood Public Schools are one of the largest
school systems in the area with over 9000 students and 16 buildings
within a 24.25 square mile area.
Kentwood home sales are still on a general downward trend
in price. Over 1/3 of Kentwood Homes Equity has dissolved in
the last 3 years, according to the current stats.
We are seeing some price recovery from last month’s figures
and the overall summer activity is high. Kentwood has one of
the lowest absorption rates in the area.
Foreclosures and short sales are still affecting the average
market price here as Grand Rapids has seen jobs disappear.
The homes under $ 150K in Kentwood are seeing about 70% of the
overall sales. The homes over $150K may be priced too high for
today’s timid buyers (many of them think prices will erode still
further) or it could be condition. Your list price has to
be close to the sale price or your home just doesn’t get serious
buyer activity. And if you still have the old carpeting,
you will need to upgrade or lower your price if you want
to see a sold sign this year. We are seeing serious buyers
vying for the best homes on the market with multiple offers.
In 2006, Kentwood has 495 home sales:avg sold price:$159,788
In 2007, Kentwood had 434 homes sales: avg sold price:$151,009
In 2008, Kentwood had 722 home sales:avg sold price: $115,127
In 2009, Kentwood has had 547 home sales: avg sold price:$ 99,354
Home sales for Kentwood – Up to $150,000:
153 Active Listings with Avg price $ 124,754
139 sold since May 1, 2009
Avg sold price $108,847
Avg Days on Market – 87
Home sales for Kentwood – $150,001 UP:
70 Active Listings with avg price of $ 189,463
29 sold since May 1, 2009 Low: $150,195 High: $232,000
Avg sold price $150K+ = $168,976
Avg Days on Market – 138
Kentwood Absorption Rate for this price range is 4 months,
at the current rate of sale (which means if no new listings come
on the market, it will take 4 months to sell the active listed
homes). This is down from last month, which is great news,
though the average sold prices on the lower end are going up
slightly and average price on upper end is going down. I would
assume this is due to bank foreclosures and short sales which
have driven down home price averages for most of Kentwood.
Kentwood Michigan Top Best Buy Homes July 2009
Kentwood Michigan Absorption Report June 2009
Kentwood Michigan Real Estate Information
Real Estate is always hyper-local. If you have questions about
a specific Kentwood home, please contact me:
phone: 1-888-240-1968 ext 0
or email: Terry@terrywestbrook.com
Grand Rapids Real Estate ~ Westbrook Realty
Copyright 2009 All rights reserved
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