Grand Rapids Michigan Real Estate Blog

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Ada MI ~ Real Estate Market Report ~ Adatowne ~ September 2008

Adatowne is a popular entry level home market in the Ada area.

Part of the appeal is the proximity of Ada Elementary, Forest Hills

Central Middle and High Schools, Ada Christian Schools, St Roberts

School and being close to the village of Ada. Adatowne is an

established subdivision, started in the early 1970's by E.L. Ladd

Builders of Ada. I have held many open houses in these new plats

 and sold many of the homes as new construction - to be built.

If you doubt the power of your home as an investment, a basic

ranch (about 1000 sq ft) sold  for $ 19,900 in 1975.

 

 Adatowne Residential Neighborhood in Ada, Michigan

    September 2008 Real Estate Market Report   

           8  Sold, 0 Pending, 3 For Sale

 

  adatowne residential neighborhood ada mi

 

 Address             Status      Price       Sq Ft       $/Sq Ft     DOM

6686 Adaridge  For Sale   179,900   1200      149.91        27

448 Adapointe  For Sale   174,900   1984        88.15         20 

6873 Adaside    For Sale    149,900   1264     118.59         12 

6705 Adaridge      Sold       143,900      1056      136.26      74 

7028 Adaridge      Sold       149,900      2116        70.84        8 

6869 Adaridge      Sold       115,000        988       116.39     20 

6885 Adaridge      Sold       124,000      1270         97.63     81  

6966 Rix St.           Sold       119,625      1052       113.71     119 (F) 

6674 Adaridge      Sold       142,000      1056       134.46     151 

6824 Adaside        Sold       142,600      1028       138.71     260

6767 Adaridge      Sold        154,500     1300       118.84       20

(F) = Foreclosure

144 homes have sold in Ada Township in 2008,

Average price is $309,407.  15% fewer homes have

sold in 2008 but the average price has increased by  3%.

 

The Ada area growth trends remain strong. Ada Township planner,

 Jim Ferro states that the Ada population has grown by 20% since

 2000. There is a new proposed 80 unit condo development -

 Villas of Ada  and Stone Falls of Ada - a 210 unit apartment

complex, currently under construction here.  Both new sites plan

on being open in 2009. 

 

If you would like detailed information about Ada Homes, please feel free

to contact me directly at 1-888-240-1968.

Grand Rapids Ada MI Real Estate -

Copyright 2008 All rights reserved Westbrook Realty

Photo of Rix Dr. 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.  We believe: Grand Rapids is a Great Place to Live!

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Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

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Comment balloon 0 commentsTerry & Bonnie Westbrook • September 16 2008 04:53PM
Ada MI ~ Real Estate Market Report ~ Adatowne ~ September 2008
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Adatowne is a popular entry level home market in the Ada area. Part of the appeal is the proximity of Ada Elementary, Forest Hills Central Middle and High Schools, Ada Christian Schools, St Roberts School and being close to the… more
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Ada MI ~ August 2008 Real Estate Market Report ~ Ada Woods
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Ada Woods is an established development of homes in Ada, Michigan just west of Ada and south of Fulton Street (M46). Ada Woods started out as an E. L. Ladd development, but towards the end of the project many lots were sold… more
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Ada, MI ~Real Estate Market Report August 2008 ~ Adatowne
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Adatowne is a popular entry level home market in the Ada area. Part of the appeal is the proximity of Ada Elementary, Forest Hills Central Middle and High Schools, Ada Christian Schools, St Roberts School and being close to the… more