Adacroft Commons is a popular home market in Ada for the Grand Rapids
area. Part of the appeal is the proximity of Forest Hills Central
5/6 School, Middle School, High School, St Roberts School & Ada
Christian School, which are within walking distance. Adacroft Commons is
also close to the village of Ada and Forest Hills shopping.
It is an established subdivision, being started in the early 1970's
by E. L. Ladd Builders of Ada, at the same time they were building
in Adatowne. Adacroft Commons homes were required to have a
two stall attached garage and a family room, while Adatowne
homes did not. There is designated common land in the
development that remains heavily wooded and in a naturalstate,
as in its adjacent neighborhood, Ada Woods.
I have held many open houses in these plats when they were new
and sold many of the homes as new construction - to be built.
We personally purchased a spec home here in 1976 and lived
in Adacroft for 5 years before we built our dream home on 6 acres
(also in Ada Township).
If you doubt the power of your home as an investment, a 4 bedroom
two story home (about 1750 sq ft) sold for $ 39,900 in Adacroft
Commons in 1970.
Adacroft Commons Real Estate
October 2008 Market Report
8 Sold, 1 For Sale, 10 Expired
Adacroft Commons Active Listings: 1
Adacroft Commons Active Price - $ 169,900
Adacroft Commons Active Price/SqFt - $ 106.45
Adacroft Commons Active Days on Market - 37
Adacroft Commons SOLD Listings: 8
Adacroft Commons average sold price - $ 165,625
Adacroft Commons average sold price/SqFt - $96.99
Adacroft Commons average sold days on market -77
Adacroft Commons Expired Listings: 10
Adacroft Commons average expired price - $ 186,410
Adacroft Commons average expired price/SqFt - $ 134.36
Adacroft Commons average days on market - 110
159 homes have sold in Ada Township in 2008,
the Average Price is $308,941
15% fewer homes have sold in 2008 than 2007 but the
average price is up 3% in Ada Township for 2008.
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 site - Villas of Ada
and Stone Falls of Ada - a 210 unit apartment complex, currently
under construction here. Both of these new developments are quite
close to Adacroft Commons.
If you have detailed questions or just need general information about
Grand Rapids or Ada Homes, please contact me directly.
Grand Rapids Ada MI Real Estate - Westbrook Realty
Copyright 2008 All rights reserved
Mature Maple Tree on Ada Drive 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. We believe: Grand Rapids is a Great Place to Live!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
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It appears that the market is moving in your area. I wish you great success in your area and thanks for keeping us posted!
your friend in Charlottesville!
Charles:Thanks for the comment. we have seen some activity but we have a way to go.