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Adatowne, Ada Michigan ~ July 2008 Market Report ~ Residential Real Estate

By
Real Estate Agent with Westbrook Realty Broker-Owner

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, and close

 to the village of Ada. Adatowne is an established subdivision, being

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

    July 2008 Stats for Residential Real Estate        

           8 homes sold, 0 pending, 0 for sale

 

  adatowne residential neighborhood ada mi

 

 Address             Status      Price     Sq Ft         $ / Sq Ft     DOM

 

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

 

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.

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

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