Caravelle Village Forest Hills MI Neighborhood Real Estate Market Report January-May 2017

Caravelle Village Neighborhood Real Estate Market Report  Forest Hills MI Jan-May 2017

By Terry and Bonnie Westbrook

 

Caravelle Village 2017  Market Snapshot:

January 1 to May 31, 2017

 

 

Active For Sale Homes = 1

Pending Home Sales = 2

Sold Homes = 1              

Average Sold Home Price = $ 325,000

 

Caravelle Village Homes are in short supply,

the only listing is a new home build.  This popular

neighborhood has some new construction on Bechalla,

with 2 pending sales of new homes already under

way.  Selling prices have risen here for existing homes

to about $225,000 for an improved and remodeled house.

New builds are going for $300 – 350,000, and there are

limited lots to build on.

 

Considering selling your Caravelle Village home?

Please contact Terry for an idea of what your house is worth

on today’s market.

 

If you would like information about buying or selling a

Forest Hills Home,  please contact Terry at 616-292-7263.

 

 

SEARCH FOR FOREST HILLS HOMES

 

Copyright 2017 All rights reserved

 

__________________________________________________________________________________

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. We believe: Grand Rapids is a Great Place to Live!

 

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

 

 

Caledonia Michigan Real Estate Market Report April – June 2016

Caledonia Michigan Real Estate Market Report April – June  2016

by Bonnie Terry Westbrook

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2016 Real Estate Market Activity

April 1, 2016 to June 30, 2016

 

Current Active Listings = 39   

from $109,900 to $1,049,000

 

Caledonia Pending Home Sales = 33

 

Caledonia Sold Homes = 63  

 from $ 128,000 to $ 800,000

 

Average Sold Price = $ 305, 025

 

 The Caledonia Real Estate Market is climbing

in value.  The average sold home has risen 20% in

price from one year ago statistics.  Caledonia is a

popular destination for home buyers in the

the Greater Grand Rapids market area.  Homes are

 

selling quickly, only 12 of the 63 homes took longer than

90 days to sell.

 

The Summer market will moving quickly

for Caledonia home buyers.  Be sure you have done

your “homework” before you go out looking!  Most Sellers

have the luxury of choosing from multiple offers,

so set yourself up for success by being prepared

for competitive offers.

 

Caledonia has a strong appeal for home buyers

in the Greater Grand Rapids market.  If you are considering a move

to or from Caledonia, it is not too early to start the process.

Terry will advise you on the fast track path to finding and

buying a home in Caledonia.

Give Terry a call if you would like to know what your Caledonia home

might be worth on today’s Market at: 616-292-7263.

Or contact Terry through our website: Westbrook Realty

 

 

SEARCH CALEDONIA MI HOMES

 

More Caledonia Michigan Articles:

Caledonia Michigan Real Estate

Caledonia Michigan Video Tour

 

If you have any questions about Caledonia or Grand Rapids MI

homes, please contact me directly through my web site.

Copyright  2016 All rights Reserved

Caledonia MI Flickr Photo-Stream

 

_____________________________________________________________________________

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. We believe: Grand Rapids is a Great Place to Live!

 

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

 

Forest Hills MI Neighborhood Real Estate Market Report Caravelle Village Jan-April 2016

Forest Hills MI Neighborhood Real Estate Market Report Caravelle Village Jan-April 2016

By Terry and Bonnie Westbrook

 

Caravelle Village 2016 Quick Market Snapshot:

January 1 to April 30, 2016

 

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Active For Sale Homes = 0

Pending Home Sales = 1

Sold Homes = 2                 $180,000 to $252,000

Average Sold Home Price = $ 218,666

 

Homes in Caravelle Village are selling in days,

typical of the shortage for affordable housing in Forest

Hills.  All three of these homes sold for close to or over

listed price within days of listing.  This seems like a dream

come true for sellers, but it does have a negative side.

If you are looking for a new home in Forest Hills, it

could take months to find and negotiate the sale of your

new home.  Meanwhile, the new buyers of your just sold

home are anxious to move in.  This housing dilemma is stifling

the market right now for many potential sellers.

 

 

Considering selling your Caravelle Village home?

Please contact Terry for an idea of what your house is worth

on today’s market.

 

If you would like information about buying or selling a

Forest Hills Home,  please contact Terry at 616-292-7263.

 

 

SEARCH FOR FOREST HILLS HOMES

 

Copyright 2016 All rights reserved

 

__________________________________________________________________________________

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. We believe: Grand Rapids is a Great Place to Live!

 

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

 

 

Forest Hills MI Neighborhood Real Estate Report Ada Woods January – March 2016

Forest Hills MI Neighborhood Real Estate Report Ada Woods Jan-March 2016

By Terry and  Bonnie Westbrook

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Snapshot of Ada Woods Real Estate Activity

January 1 through March 31, 2016

 

Active Listings – 1             $425,000

Pending Sales – 1

Sold Properties – 2

Average Sold Price Per Sq. Ft = $147 to 176

 

Only three Ada Woods Home sales on the MLS during the first

part of this year.  With only one home currently for sale, inventory is

low at this time.  Prices average out about $365,00, with some homes

in the middle $200,000’s and some over $400,000.  The warmer weather

will bring a few more homes on the market.  They should sell within

30 days if priced reasonably.

 

SEARCH FOR FOREST HILLS HOMES

 

Ada Michigan Photos

Forest Hills Michigan Real Estate Articles

 

If you are interested in information about an Ada Woods

or Forest Hills home, give Terry a call – 616-292-7263

 

Copyright 2016 all Rights Reserved

____________________________________________

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. We believe: Grand Rapids is a Great Place to Live!

 

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

Kentwood Michigan Real Estate Market Report July – September 2015

Kentwood Michigan Real Estate Market Report July – Sept 2015

By Bonnie and Terry Westbrook

 

Kentwood Michigan is a large suburban city southeast of Grand

Rapids, 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 Grand Rapids area with over 9000

students and 16 buildings within a 24.25 square mile area.

 

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2015 Real Estate Market Activity July – September 

 

Kentwood Active Listings = 142

From $39,900 to $975,000

Pending Sales = 109

Sold Homes = 288

Average Sold Price = $ 182,327

 

Kentwood homes are selling, inventory is quite low.

The same story as elsewhere in the Greater Grand Rapids

housing market.  Fewer homes to choose from is frustrating

for buyers and a bonus for sellers.  With 142 Active listings,

Pending and Sold in last 90 days at 397, demand far exceeds

the current inventory of homes for sale.

 

This means buyers will have to buy homes that aren’t exactly

what they are looking for, compromises will have to happen. This

usually means the chosen home will need updates, repairs,

and overall deferred maintenance will need to be done.

 

If you are thinking of buying or selling a Kentwood home,

give Terry a call for advice on how to manage the current selling market.

 

SEARCH for Kentwood Michigan Homes

 

More Kentwood Michigan Articles:

Kentwood Michigan Real Estate Market Reports

 

Real Estate is always hyper-local. If you have questions about

any Kentwood neighborhood home, please contact Terry.  His

decades of experience can help make your home sale or home

purchase go smoothly.

 

Copyright 2015 All rights reserved

____________________________________________________________________________

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. We believe: Grand Rapids is a Great Place to Live!

Forest Hills MI Neighborhood Real Estate Report Ada Woods Jan-June 2015

Forest Hills MI Neighborhood Real Estate Report Ada Woods Jan-June 2015

By Terry Bonnie Westbrook

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Snapshot of Ada Woods Real Estate Activity

January 1 through June 30, 2015

 

Active Listings – 0            

Pending Sales – 2

Sold Properties – 4

Average Sold Price = $364,900

Average Sold Price/Sq Ft. = $ 149.54

 

Ada Woods has fast moving inventory of homes,

as in most Forest Hills neighborhoods.  No current homes

on the market and all inventory is sold.  Perfect time to sell

as prices are on the rise by over 10% since Spring of last year.

 

 

 

If you have a Forest Hills home to sell, contact Terry for a

current idea of what your home is worth in today’s market.

 

 

SEARCH FOR FOREST HILLS HOMES

 

Ada Michigan Photos

Forest Hills Michigan Real Estate Articles

 

If you are interested in information about an Ada Woods

or Forest Hills home, give Terry a call – 616-292-7263

 

Copyright 2015 all Rights Reserved

____________________________________________

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. We believe: Grand Rapids is a Great Place to Live!

 

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

Forest Hills MI Neighborhood Real Estate Market Report Caravelle Village Jan-June 2015

Forest Hills MI Neighborhood Real Estate Market Report Caravelle Village Jan-June 2015

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Caravelle Village 2015 Quick Market Snapshot:

January 1 to June 30, 2015

 

Active For Sale Homes = 0

Pending Home Sales = 0

Sold Homes = 3

Average Sold Home Price = $ 218,666

Average Sold Price/Sq.Ft = $144.25

 

Caravelle Village homes are selling very quickly,

like most Forest Hills neighborhoods.  Two of these three

homes were newer, less than twenty years old, so the

average sold price is higher than the majority of homes

in this neighborhood, which dates to the 1960’s and 70’s.

 

If you are considering selling your Caravelle Village home,

please contact Terry for an idea of what your house is worth

on today’s market.

 

If you would like information about buying or selling a Forest Hills Home,

please contact Terry at 616-292-7263.

 

SEARCH FOR FOREST HILLS HOMES

 

Copyright 2015 All rights reserved

 

____________________________________________________________________________________

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. We believe: Grand Rapids is a Great Place to Live!

 

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

 

 

Kentwood Michigan Real Estate Market Report October-December 2014

Kentwood Michigan Real Estate Market Report October-December 2014

By Terry & Bonnie Westbrook

 

Kentwood Michigan is a large suburban city southeast of Grand

Rapids, 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 Grand Rapids area with over 9000

students and 16 buildings within a 24.25 square mile area.

 

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2014 Real Estate Market Activity October – December 

 

Kentwood Active Listings = 151

From $49,000 to $524,800

Sold Homes = 190

Average Sold Price = $ 138,933

 

Kentwood homes sold well in the third quarter of 2014,

so well that available inventory doesn’t last long on the

market, if the home is in good condition.  Even with the

demand for homes being strong, prices are not increasing

dramatically, though they are inching up slightly as we

head into the pre-Spring market.

 

If you are thinking of buying or selling a Kentwood home,

don’t wait. Getting a jumpstart on the spring/summer market is

a savvy move for smart sellers and buyers.  Don’t wait for the

competition to get ahead of you.

 

SEARCH for Kentwood Michigan Homes

 

More Kentwood Michigan Articles:

Kentwood Michigan Real Estate Market Reports

 

Real Estate is always hyper-local. If you have questions about

any Kentwood neighborhood home, please contact Terry.  His

decades of experience can help make your home sale or home

purchase go smoothly.

 

Copyright 2015 All rights reserved

____________________________________________________________________________

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. We believe: Grand Rapids is a Great Place to Live!

2014 Midwest Cost vs Value House Remodeling Trends

Cost vs Value House Remodeling Trends 2014 Grand Rapids MI

By Bonnie & Terry Westbrook

 

Should you remodel the kitchen, get rid of that laminate

countertop and replace it with granite?  Would you be

able to recoup the expense of putting a new deck on

your house?  Would that new Master Bathroom put

you in the red when it is time to sell your house?

 

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These are all good questions to ask yourself before

undertaking a small or major remodeling job on your home.

Not all improvements add to the value of your home

for future buyers.  Be cautious about costly

improvements if you plan on moving in the near future.

 

 

Take a look at the Cost vs Value Report that comes

out every year to help you add true dollar value to your home.

This report lets you see what buyers are willing to dole out

more dollars for in home improvements.  It changes slightly

from year to year, but the big dollar wise improvements

stay pretty consistent.  The key words are”curb appeal”.

A new steel front door and new garage door are the

number one spots for well invested money spent on your home.

 

The complete report can be viewed at this link:

2014 Cost-vs-Value Trends

 

Since a kitchen in San Diego,  St. Louis, and Boston differ widely in

cost, this report does specify regions of the country.  Our Midwest

Region can be viewed at this link:

East North Central Remodeling Trends

 

Call Terry @ 616-292-7263 if you would like specific advice

about a home improvement you are considering for your

home.  He can tell you the most value added improvements

for your particular neighborhood.

 

 

SEARCH FOR FOREST HILLS HOMES

 

Additional Forest Hills Real Estate Articles:

Forest Hills Michigan Real Estate Articles

Copyright 2015

 

________________________________________________________________________________

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. We believe: Grand Rapids is a Great Place to Live!

Westbrook Realty Grand Rapids MI Real Estate

Call Terry at: 616-292-7263

Forest Hills MI Neighborhood Real Estate Report Ada Woods Jan-May 2014

Forest Hills MI Neighborhood Real Estate Report Ada Woods Jan-May 2014

By Terry & Bonnie Westbrook

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Snapshot of Ada Woods Real Estate Activity

January 1 through May 31, 2014

 

Active Listings – 2             $339,700

Pending Sales – 0

Sold Properties – 0

Average Sold Price = NA

 

Ada Woods has seen no sales on the MLS during the first

part of this year.  With only 2 homes for sale, inventory is

low.  Without recent sales, we can’t report how prices have

been affected much less predict for the future.

 

 Perhaps the summer market will heat up and Ada Woods

can reap the benefit of an improved real estate market.

 

SEARCH FOR FOREST HILLS HOMES

 

Ada Michigan Photos

Forest Hills Michigan Real Estate Articles

 

If you are interested in information about an Ada Woods

or Forest Hills home, give Terry a call – 616-292-7263

 

Copyright 2014 all Rights Reserved

____________________________________________

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. We believe: Grand Rapids is a Great Place to Live!

 

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263