Grand Rapids Michigan Real Estate Blog

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Cascade MI ~ Real Estate Market Report Sept 2008 ~ Tamarron Estates

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 Cascade 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 Cascade development are in the upper price

brackets  in the Grand Rapids real estate market.

 

              Tamarron Residential Real Estate  

                       September 2008 Market Report

               3 Sold, 0 Pending, 10 For Sale, 4 Expired                               

 

backwaters of thornapple river dam ada mi

 

Address                   Price         SqFt   $/SqFt   DOM

For Sale:

1691 Hillsboro         478,500  3372    141.90   53

1776 Hillsboro         640,000  3924    163.09   34

1552 Hillsboro         170,000  2366     71.85    15

7133 Bridgewater   169,000  2160    78.24   170 

1575 Bridgewater   209,000  2155    96.98   161 

6800 Turnberry       699,900   4620  151.49   207

1538 Hillsboro        269,900    3024    89.25      85

1618 Hillsboro        389,900    2702  144.30     59

1530 Tamarron      925,000    4830   191.51   75

6675 Gleneagles    259,000    2232  116.03    65

Sold:

1699 Tamarron      270,000    2960    91.21     19

6636 Denham         813,400   5666  153.54      49

1570 Tamarron       230,000   2628    87.51   155

 

189 homes have sold in Cascade Township in 2008

Average home price is $316,342

27%  fewer homes have sold in 2008 than 2007 but

average Cascade prices have remained the same.

 

Cascade Township has seen tremendous growth in the last

fifty years, though the growth rate has slowed considerably

 since 2000. 

 The majority (82%) live in a single family home, and the

median value is  $220,00.  Household incomes in Cascade

 Township are the highest among surrounding Grand Rapids

areas at $ 87,290.  Most people in Cascade Township prefer

 to live here because of the quality housing, safe areas, and

quality schools.

 

Grand Rapids -Ada Real Estate   Westbrook Realty

Copyright 2008 All rights reserved

photo of Thornapple River Backwater 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.  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 6 commentsTerry & Bonnie Westbrook • September 19 2008 05:27PM

Comments

Terry, I love the photos you have in your market reports.

Posted by Patricia Kennedy, Home in the Capital (RLAH Real Estate) about 11 years ago

Pat; We carry our camera with us everywhere and take photos when we are driving around in anticipation of the need for them.

Posted by Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re (Westbrook Realty Broker-Owner) about 11 years ago

How is your market?  What are the demographics of the buyer?  Our market is baby boomers and last week's market roller coaster has them concerned. 

Posted by Jean Groesbeck, Broker, CRS, e-PRO, ABR, ASP, CNE, IMS (Compass) about 11 years ago

Jean: I think the entire market is nervous but we seem to be doing OK always room for improvement.

Posted by Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re (Westbrook Realty Broker-Owner) about 11 years ago

Hi. In this area, is furnished basement, walk out or not, included in the total square foot? I noticed the same for sell property has a much larger square footage listed from its respective agent's listing, presumably due to adding the basement square footage.

Thus I am unsure which is more correct.

Posted by Jeremy about 11 years ago

Jeremy: The Square footage numbers I use in the Market Report are just above grade square footage we do have both but I think the main floor numbers are more comparable.

Posted by Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re (Westbrook Realty Broker-Owner) about 11 years ago

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