East Grand Rapids Michigan Real Estate Market Report April – June 2010

Posted on July 20, 2010 by Terry & Bonnie

East Grand Rapids Michigan Real Estate Market Report April – June 2010

Second Quarter East Grand Rapids Real Estate Market Report

5 Month Absorption rate for East Grand Rapids MI housing market

which means if no new listings come on the East Grand Rapids market, it will

take 5 months for the existing home inventory to sell. The Absorption rate is

in normal range for East Grand Rapids homes.

There are 119 active listings on the East Grand Rapids market,

a smaller inventory than 3 months ago ranging from

$67,000 to $3,500,000.

17 Pending Home Sales

53 Sold Homes with sold prices ranging from $ 72,800 to $ 1,050,000

Solds by Market Time

22 homes sold in the 0-30 days – 41.51%

9 homes sold in 31-60 days – 16.98 %

9 homes sold in 61-90 days – 16.98%

6 homes sold in 91-120 days – 11.32 %

7 homes sold in 120+ days – 13.21%

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

of the sales in the East Grand Rapids market. Homes in the higher price

bracket are selling, but at a much slower rate and not at 2006 prices.

The good news for sellers is that over 50% of the homes that are priced

correctly are seeing 92-93% of list price and selling in less than 60 days.

Other Blog articles about East Grand Rapids:

East Grand Rapids Real Estate Market Reports

East Grand Rapids Michigan ~ America’s Hometown

Free Friday Night Movies in the Park

_____________________________________________________________________________________________________

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

OUR FLICKR PHOTOSTREAM

East Grand Rapids Michigan Top Best Buy Homes – May 2010

Posted on June 1, 2010 by Terry & Bonnie

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.

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

_____________________________________________________________________________________________________

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

OUR FLICKR PHOTOSTREAM

East Grand Rapids Michigan Top Best Buy Homes April 2010

Posted on April 26, 2010 by Terry & Bonnie

East Grand Rapids Michigan Top Best Buy Homes April 2010

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.

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

____________________________________________________________________________________________________

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

OUR FLICKR PHOTOSTREAM

East Grand Rapids Michigan Real Estate Market Report Jan- March 2010

Posted on April 19, 2010 by Terry & Bonnie

East Grand Rapids Michigan Real Estate Market Report Jan-Mar 2010

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.

Additional East Grand Rapids Articles:

East Grand Rapids Real Estate Market

East Grand Rapids Michigan ~ America’s Hometown

________________________________________________________________________________________________

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

OUR FLICKR PHOTOSTREAM

East Grand Rapids Michigan Top Best Buy Homes March 2010

Posted on March 26, 2010 by Terry & Bonnie

East Grand Rapids Michigan Top Best Buy Homes March 2010

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.

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.*

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

_____________________________________________________________________________________________________

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

East Grand Rapids Michigan Top Best Buy Homes – Feb 2010

Posted on February 19, 2010 by Terry & Bonnie

East Grand Rapids Michigan Top Best Buy Homes – Feb 2010

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.

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.*

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

_____________________________________________________________________________________________________

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

East Grand Rapids and Forest Hills Schools Face Large Budget Cuts in 2010 -2011

Posted on January 16, 2010 by Terry & Bonnie

East Grand Rapids and Forest Hills Schools Face Large Budget Cuts in 2010-2011

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.

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.

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!

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

East Grand Rapids Michigan Real Estate Market Report Jan-Dec 2009

Posted on January 13, 2010 by Terry & Bonnie

East Grand Rapids Michigan Real Estate Market Report Jan-Dec 2009

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 w/ 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

____________________________________________________________________________________________

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

OUR FLICKR PHOTOSTREAM

East Grand Rapids Michigan Top Best Buy Homes Nov 2009

Posted on November 24, 2009 by Terry & Bonnie

East Grand Rapids Michigan Top Best Buy Homes Nov 2009

We have gathered a list of the top East Grand Rapids Houses to buy

based on price per square foot. Please note that this list can change daily

as some homes sell, prices are adjusted and other homes come on the

market. 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.

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

are used to figure price per square foot.

November 2009 – 15 TOP BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $54.86 to $117.77

Highest List Price – $ 349,700

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

2258 Lake Dr SE $155,000 2261 Sq Ft $68.55/SqFt

430 Rosewood Ave $159,900 2650 Sq Ft $73.72/SqFt

428 Edgemere Dr $164,900 3006 Sq Ft $54.86/SqFt

1646 Robinson Rd $164,900 3171 Sq Ft $52.00/SqFt

159 El Centro Blvd $164,900 1848 Sq Ft $89.23/SqFt

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

348 Gladstone Dr $174,900 1775 Sq Ft $98.54/SqFt

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

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

147 El Centro Blvd $215,000 2318 Sq Ft $108.48/SqFt

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

529 Rosewood Ave $265,000 3045 Sq Ft $87.03/SqFt

2305 Wilshire Dr $279,900 3000 Sq Ft $112.59/SqFt

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

The bargains are still here but not as many as last month here in

East Grand Rapids this fall. Only one home under $100K (it is under

1000 square feet) has been listed for the past 6 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.*

Additional 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

_____________________________________________________________________________________________________

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

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Top Best Buy Homes East Grand Rapids Michigan ~ July 2009

Posted on July 25, 2009 by Terry & Bonnie

We have gathered a list of the top East Grand Rapids Houses to buy

based on price per square foot. Please note that this list can change daily

as some homes sell, 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.

East Grand Rapids homes for sale

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

are used to figure price per square foot.

July 2009 BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $75.61 to $99.11

Highest List Price - $265,000

Lowest List Price - $132,900

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

2735 Richards Dr $132,900 1400 Sq Ft $94.93/SqFt

1638 Wealthy St $ 159,900 2400 Sq Ft $76.14/SqFt

1635 Breton Rd SE $169,000 1893 Sq Ft $89.28/SqFt

1408 Edgewood $162,000 1874 Sq Ft $86.45/SqFt

1063 Kenesaw Dr $175,000 2162 SqFt $99.32/SqFt

630 Rosewood Ave $159,900 1862 Sq Ft $85.88/SqFt

2150 Anderson Dr $209,900 3322 Sq Ft $75.61/SqFt

3000 Lake Dr $265,000 3346 Sq Ft $79.19/SqFt

2470 Lake Dr SE $255,000 3143 Sq Ft $81.13/SqFt

4128 Edgemere $255,000 3006 Sq Ft $84.83/SqFt

64 Elmhurst Dr SE $169,900 2300 Sq Ft $90.81/SqFt

100 Glenview Dr $ 189,900 1916 SqFt $99.11/SqFt

Note: The bargains are fewer & prices appear to be getting more

expensive here in East Grand Rapids this month. No homes

under $100K are listed for the past 2 months.

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

longer. We are starting to see signs of below appraisal home

prices seriously slowing in certain desirable areas, like East Grand

Rapids and Forest Hills.

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

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

East GR June 2009 Real Estate Market Report

Free Summer Concerts John Collins Park

Free Movies in the Park EGR Summer 2009

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

Grand Rapids Ada MI Real Estate ~ Westbrook Realty

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