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Cascade Woods is an established neighborhood of large, executive
style homes in Cascade Township, MI. 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 Public 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.
More information about this Cascade Woods Home on our web site.
Cascade Woods Market Report Jan – April 2010
10 Homes For Sale, 0 Pending, 1 SOLD, 5 Expired
Cascade Woods Active Listings: 10
Cascade Woods Average price – $386,260
Cascade Woods Average $/SqFt – $141.29
Cascade Woods Average days on market – 116
Cascade Woods Sold Listings: 1
Cascade Woods average price – $211,000
Cascade Woods average $/SqFt – $ 81.40
Cascade Woods average days on market – 135 days
Cascade Woods Expired Listings: 5
The Absorption Rate for Cascade Woods Homes is 40 months,
Which means if no new listings come on the market, it will take
3.3 years to sell the existing inventory. The average sold price
has actually risen but one sale doesn’t make a trend.
This could reflect foreclosures, short sales, and homes in dated
condition that have sold over the last 12 months. The average list
price has decreased by over 9% since 2009. Only 1 Cascade Woods
home has sold since this year, so far.
Today’s buyers do not want to do ANY updates, which includes
painting, new kitchens & baths, and new flooring. If your Cascade
Woods home hasn’t sold, it is probably condition, which gets
us back to price. If you don’t want to improve your home, you
won’t get the same price as people who have updated and kept
their home current according to recent trends.
Forest Hills Michigan Real Estate Reports ~ 2010
If you would like further information about Grand Rapids or
Cascade Homes, please contact me directly.
photo by Bonnie Westbrook
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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!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
The Quail Crest Condo development is located west of Spaulding
and north of Burton Street in Cascade Township. There is an
entrance off Spaulding Avenue and off Burton Street. This condo
development was started in the late 1980′s and continued building
into the current phase.
The condos are spacious with cathedral ceilings and many have
finished lower levels with extra bedrooms and baths. This area
has been very attractive for retirees, as they are close to all the
local amenities and shopping but no house maintenance.
Forest Hills Public Schools are the school district,
Watermark Country Club, Forest Hills & 28th Street shopping are
a short distance away. The miles of Cascade-Ada Bike/Walking Trail
connects to downtown Cascade, downtown Ada, and 28th St.
Quail Crest Condominiums Real Estate Market Report
Jan-April 2010
6 For Sale, 0 Pending, 1 Sold, 3 Expired
Quail Crest Condos Active Listings: 6
Quail Crest Condos Average Active Price – $273,300
Quail Crest Condos Average Active Price/SqFt – $ 170.06
Quail Crest Condos Average Active days on market – 82
Quail Crest Condos Sold Listings: 1
Quail Crest Condos average sold price – $132,900
Quail Crest Condos average sold price/SqFt – $ 106.92
Quail Crest Condos average days on market – 83
The absorption rate for Quail Crest Condos is 18 months, which
means if no new listings come on the market, it will take 18 months
for the current inventory of homes to sell at the current rate of sales.
This is high for the Grand Rapids Market. The average sold price
and the price per square foot for the one home that sold is much
lower than last year’s sold price average of $ 175,000.
We have seen some sellers renting instead of selling, waiting for a
return to a seller’s market. That may be the route to take, if you can
play the role of landlord successfully.
Forest Hills MI Real Estate Market Report
If you have further questions about Grand Rapids or
Cascade MI Condos, please contact me directly. We can
also have these monthly market reports emailed to your
inbox, just contact us.
photo of Quail Crest Entrance by Bonnie Westbrook
_____________________________________________________________________________________________________
The authors of the this blog write about Grand Rapids Real Estate, theGreater 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
If you are looking for a home in Forest Hills School District that is
in MOVE IN Condition, this home should be all you are looking for.
This 4 bedroom GRAND RAPIDS MI home has been redone from top
to bottom. Freshly painted, updated with a New Gourmet Kitchen
with granite countertops, new stainless steel appliances, and new
wood flooring in the kitchen, eating area and back entry.
The master suite has a major remodel with a new master bath. This
bath sports a new walk in shower with glass doors, new marble tile
flooring, and new white vanity cabinets. The solid surface counter
with integral sinks, a dressing table, and a large walk in closet are
just most buyers are wishing they had.
This home is located at 7246 Cascade Woods Dr SE and is listed for
$339,900. Please call Terry 616-292-7263 for a private showing.
It is difficult to list all the extras and the new items that have been
added to this home. Take a look at our Sunday Open House, this
all brick Cascade listing could be your new home.
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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!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
Forest Hills (Ada Cascade) MI Real Estate Absorption Report
Forest Hills is actually a school district in Ada – Cascade MI. This market
is always active. These Grand Rapids Michigan suburban communities have
wonderful neighborhoods, some new and some older with Top Ranked
Forest Hills Public Schools, and private schools, such as Ada Christian
& St Roberts that attract many home owners.
This report will cover the 2010 first quarter real estate market activity,
which we have broken down into 3 separate price categories, which
have very different markets emerging for 2010 totals.
Forest Hills MI Listings $ 500,000+
Not much demand and lots of time on the market in the higher price
brackets of Forest Hills with a 20 month Absorption Rate, which
means it would take 20 months for the current inventory to sell.
Active Listings – 100
Average List Price – $ 843,635
Pending – 8
Sold – 7
Average sold price: $ 893,857
Average Sold/Sq Ft: $207.93
Forest Hills MI Listings $250,001 – 499,999
The absorption rate for Forest Hills homes in this price
bracket is 7.4 months, which means if no new listings
come on the market, it will take 7.4 months to sell the
existing $250K-499K homes at the current rate of sale.
This rate is down significantly from 2009 rates, and sold
prices are inching upward. Inventory is up slightly, but
number of sales are holding fairly steady. We aren’t back
to a normal market time of 3-6 months yet, but we are
heading in that direction.
Forest Hills MI Active Listings $250,000 – $499,999
Active Forest Hills Listings: 156
Average list price of $358,671
Sold Forest Hills Listings: 31
Average sold price $346,244
Average Sold price/sq ft $ 151.27
Pending Listings: 32
Forest Hills Active Listings $50,000 – $250,000
The Absorption rate for Forest Hills homes in this price range is 6.8
months, which means that if no new homes enter the market, at the
current rate of sales, it will take 6.8 months to sell all current inventory.
This is up from last quarter, but still within normal range, a fast moving
area of the Grand Rapids real estate market.
Forest Hills Active Listings 139
Average List Price $178,575
Sold Forest Hills Listings 61
Average Sold Price $ 181,467
Average Sold Price/sq ft $100.60
Pending Sales 55
Forest Hills RE Market Reports
Forest Hills Michigan Public Schools Face-lift 2009
If you would like specific information about an Ada Cascade or
Forest Hills MI Homes, please contact me directly.
Copyright 2009 All rights reserved
Photo of Forest Hills Eastern High School by Bonnie Westbrook
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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!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
This luxurious home on Watermark Golf Course is Open this Sunday,
February 28th from 3 to 5 pm.
1698 Watermark Dr SE in Cascade Township, Grand Rapids Michigan
This photo shows the Great Room with fireplace, views of the golf course,
and access to the kitchen and eating area. This home has 5 bedrooms
and 4 baths, a finished lower level with Game Room, Kitchen, Billiard
Room, Theatre Room, and Home Office.
Situated on the 6th tee at prestigious Watermark Golf Course, you can
literally walk out your back door and start playing golf. Or just watch
your friends from the deck as they tee off
Listed at $ 680,000 Video Link
Come out and see us Sunday – We will be waiting for you!
We have gathered a list of the Top Best Forest Hills Houses
(Ada-Cascade) to buy, based on price per square foot.
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,
new plumbing, electrical & other major mechanicals.
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, not the
basement, even if finished.
The list of Top Best Buy Homes for January 2010 is 23 properties.
The lowest price/Sq Ft for homes range from $36.82 to $78.05 in Forest Hills.
The lowest list price is $54,900 and the highest list price is
$288,900 for January 2010 homes in Forest Hills School District.
This list could include properties in Ada Township, Cascade
Township, Grand Rapids Township, Lowell Township, and the
city of Kentwood.
WARNING: Some of these homes may be bank owned foreclosures, short
sales and not habitable as is or available for a mortgage in present condition.
The Top Forest Hills Homes to Buy by Price per Square Foot:
8245 Fulton St E $54,900 1124 Sq Ft $48.84/SqFt
2657 Chatham Woods $63,900 1056 Sq Ft $78.12/SqFt
2695 Chatham Woods $64,500 820 Sq Ft $78.66/SqFt
2650 Knightsbridge Rd $ 64,900 845 Sq Ft $76.80/SqFt
2997 Chapshire Dr $79,900 1116 Sq Ft $71.59/SqFt
6217 Acropolis Dr $79.900 1316/SqFt $71.59/SqFt
6381 Wainscot Dr SE $80,000 1116 Sq Ft $71.68/SqFt
6351 Wainscot Dr SE $84,900 1116 SqFt $76.08 /SqFt
5505 Whitneyville SE $84,900 1536 Sq Ft $55.27/SqFt
2201 Shady Dr NE $90,000 2444 Sq Ft $36.82/SqFt
2049 Rowland Ave $ 99,900 1280 Sq Ft $78.05/SqFt
1791 Grand Ct NE $118,900 1600 Sq Ft $74.31/SqFt
1787 Park Trail NE $119,900 1600 Sq Ft $74.94/SqFt
1773 Park Trail NE $121,900 1600 Sq Ft $76.19/SqFt
4950 Knapp St NE $134,900 1890 Sq Ft $71.38/SqFt
6707 Adaridge Dr $139,900 1828 Sq Ft $76.53/SqFt
2328 Dean Lake Ave $149,900 2757 Sq Ft $54.37/SqFt
2309 3 Mile Rd $149,900 3340 Sq Ft $70.54/SqFt
3206 Oak Hollow Dr $159,900 2509 Sq Ft $63.73/Sq/Ft
6769 Woodbrook Dr $169,900 2247 Sq Ft $75.61/SqFt
4662 E Forest Dr $174,900 3212 Sq Ft $79.07/SqFt
5739 E Fulton St $254,900 4557 Sq Ft $71.16/SqFt
8801 Fulton St E $288,900 4132 Sq Ft $69.92/SqFt
More Forest Hills Michigan Real Estate Articles 2009
If you would like to see a particular Top Best Buys Forest Hills
Home, please contact us at 1-888-240-1968 ext 0 or email us at:
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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!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
Centennial Park Meadows Condominiums are located just off 28th Street
and Thornapple River Dr. in Cascade, Michigan. The Condos wrap around
the Centennial Golf Course and community.
This private par 70 golf course has plenty of challenges for golfers at
every level. This community also has a clubhouse and restaurant for
members.
We have relocated several clients into this community and they find it a
wonderful place to live. Just minutes from 28th Street & Cascade shopping,
dining and amusements, you are centrally located but tucked away from
the bustle of the area for quiet, serene living and easy access to golf.
Centennial Park Meadows Condos
Real Estate Market Report
Jan-Dec 2009
0 For Sale, 0 Pending, 11 SOLD
Centennial Condos Active Listings: 0
Centennial Condos Active Average Price – $0
Centennial Condos Active average $/SqFt – $ 0
Centennial Condos Active average days on market – 0
Centennial Condos Sold Listings: 11
Centennial Condos Sold average price – $ 167,409
Centennial Condos Sold average $/SqFt – $ 99.48
Centennial Condos Sold average days on market – 131
The Absorption Rate for Centennial Park Condos is 0 months,
which means if no new listings come on the market, it will take
0 months for the existing condos to sell at the current rate
of sales. This market is seeing sales and with no condos on the
market, it is difficult to say how long before they would sell, most likely
quickly, if priced correctly.
The average sold price is higher than it was this winter but
relatively stable this year.
If you would like information about Grand Rapids – Cascade MI Condos
or Grand Rapids – Cascade MI Homes, please contact me directly.
If you would like this report emailed to your inbox every month, please
contact us.
Grand Rapids Real Estate – Westbrook Realty
Copyright 2009 All rights reserved
photo of Golf Equipment 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!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
The Quail Crest Condo development is located west of Spaulding
and north of Burton Street in Cascade Township. There is an
entrance off Spaulding Avenue and off Burton Street. This condo
development was started in the late 1980’s and continued building
into the current phase.
The condos are spacious with cathedral ceilings and many have
finished lower levels with extra bedrooms and baths. This area
has been very attractive for retirees, as they are close to all the
local amenities and shopping but no house maintenance.
Forest Hills Public Schools are the school district,
Watermark Country Club, Forest Hills & 28th Street shopping are
a short distance away. The miles of Cascade-Ada Bike/Walking Trail
connects to downtown Cascade, downtown Ada, and 28th St.
Quail Crest Condominiums Real Estate Market Report
Jan-Dec 2009
4 For Sale, 1 Pending, 10 Sold, 12 Expired
Quail Crest Condos Active Listings: 4
Quail Crest Condos Average Active Price – $237,450
Quail Crest Condos Average Active Price/SqFt – $ 169.90
Quail Crest Condos Average Active days on market – 74
Quail Crest Condos Sold Listings: 10
Quail Crest Condos average sold price – $175,450
Quail Crest Condos average sold price/SqFt – $ 119.62
Quail Crest Condos average days on market – 157
The absorption rate for Quail Crest Condos is 3.6 months, which
means if no new listings come on the market, it will take 3.6 months
for the current inventory of homes to sell at the current rate of sales.
This is much lower than typical for the Grand Rapids Market. The average
sold price and the price per square foot has fallen since the spring market.
We have seen some sellers renting instead of selling, waiting for a
return to a seller’s market. That may be the route to take, if you can
play the role of landlord successfully.
Forest Hills MI Real Estate Market Report
If you have further questions about Grand Rapids or
Cascade MI Condos, please contact me directly. We can
also have these monthly market reports emailed to your
inbox, just contact us.
Grand Rapids MI Real Estate – Westbrook Realty
Copyright 2009 All rights reserved
photo of Quail Crest 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!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
Cascade Neighborhood Absorption Report
Tamarron Estates is an upscale suburban development with large
wooded lots, walking access to Thornapple Elementary School and
the Thornapple River Backwaters. It is located just off of
Thornapple River Drive and Cascade Road in Cascade Township.
The house styles vary from large, comfortable ranches, traditional
two stories, to contemporary homes. Many of the homes were built
in the late 1970’s to the mid 1980’s, though there is a new street
that has much newer homes on acreage settings. Some houses close
to and surrounding this development are in the upper price brackets
in the Grand Rapids real estate market.
Tamarron Residential Real Estate
Jan-Dec 2009 Market Report
2 Sold, 3 For Sale, 13 Expired
Tamarron Active Listings: 3
Tamarron Average Active Price – $ 346,600
Tamarron Average Active Price/SqFt – $ 98.06
Tamarron Average Active Days on Market – 68
Tamarron SOLD Listings: 2
Tamarron Average Sold Price – $ 202,000
Tamarron Average Sold Price/SqFt – $ 79.07
Tamarron Average Sold Days on Market – 66
Tamarron Expired Listings: 13
Tamarron Average Expired Price – $ 472,638
Tamarron Average Expired Price/SqFt – $ 142.86
Tamarron Average Expired Days on Market – 143
At the current selling rate, we have a 18.7 month supply of homes
on the market in Tamarron Estates in Cascade Township.
MARKET SYNOPSIS: Tamarron homes are selling but not at the
prices that sellers would like to see. Today’s market is accepting
homes under $100.00 a sq ft. This is a substantial price reduction for
this area. As you can see, the expired sellers think their homes
will sell at $ 130-150/sq ft. The two homes that have sold since
January might be distressed sales or foreclosed homes. List prices
have been reduced but not to a realistic price for buyers, as
evidenced by the 13 homes that expired.
The Absorption rate of 18.7 months is high for the Forest Hills area.
If you have to sell your Tamarron Estates home now, the market
place is telling you that you need to be around $100 a sq ft and
in good condition to see your home sold successfully.
Forest Hills Michigan Real Estate Market Reports 2009
If you have questions about the value of your Cascade or Forest Hills
Home, please contact me directly: terry@terrywestbrook.com or
call me at 1-888-240-1968 ext 0
Photo of Leslie Tassell Park 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!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
Cascade Neighborhood Absorption Report
Caravelle Village is an established subdivision built in the late 1960’s
and 1970’s just south of Burton Street, east of Kraft Avenue and west
of Cascade Road in Cascade Township. These Grand Rapids Homes
have the traditional mix of two stories, tri-levels and ranches. A desirable
place to live with median priced homes, Forest Hills Public Schools, and
close to 28th shopping and restaurants. Originally built by a variety of
builders, the homes here are quality construction in a safe neighborhood
and close to the historic village of Cascade and Gerald Ford International
Airport.
Caravelle Village Residential Real Estate
Jan-Dec 2009 Market Report
4 For Sale, 3 SOLD, 0 Pending, 4 Expired
Caravelle Village Active Listings: 4
Caravelle Village Average Active Price – $ 192,325
Caravelle Village Average Active Price/Sq Ft – $ 123.52
Caravelle Village Average Days on the Market – 239
Caravelle Village SOLD Listings: 3
Caravelle Village Average Sold Price – $ 176,000
Caravelle Village Average Sold price/SqFt – $ 111.30
Caravelle Village Average Sold Days on the Market – 74
Caravelle Village Pending Listings: 0
Caravelle Village Expired Listings: 4
At the current rate of sales, we have a 16 month supply of homes in
Caravelle Village, if no new homes come on the market.
MARKET SYNOPSIS: Only 3 homes have sold in Caravelle Village since
January of this year. The average listed price has risen by $20K since
summer, but buyers are still reluctant to purchase.
This has been a popular area for home buyers, but your home must be
in top notch condition and priced to sell in today’s market. Note the difference
between average list price/sq ft and average sold price/sq ft above, this tells
the whole story.
Forest Hills Michigan Neighborhood Real Estate Market 2009
Grand Rapids Real Estate – Westbrook Realty
Copyright 2009 All rights reserved
photo of Tassell Park at the Thornapple River 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!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263