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Ada MI ~ Real Estate Market Report ~ Adacroft Commons September 2008

By
Real Estate Agent with Westbrook Realty Broker-Owner

Adacroft Commons is a popular home market in the Ada 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 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 Residential Real Estate

                      September 2008 Market Report

               7 Sold, 1 Pending, 0 For Sale, 10 Expired

 Ada Drive Oak Tree Ada MI

 

Address               Status       Sq Ft      Price     $/Sq Ft   DOM 

6076 Adacroft    Pending   1678   168,500  100.41    19

656 Duxbury Ct  Sold        2200   185,000   84.09   168 

6104 Winthrop    Sold       1408   179,900  127.76    16 

681 Marbury Dr   Sold       1871   174,900    93.47    46 

589 Rookway Dr  Sold       1411   135,000    95.67      7 

6146 Witherbee  Sold       1529   152,700    99.86    49 

6256 Dunbarton  Sold       1916   155,500    81.15   239 

6185 Scotthille    Sold       1956   176,500    90.23     63

 

144 homes have sold in Ada Township in 2008, the

Average Price is $309,407  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

 Ada Homes, please contact me directly at 1-888-240-1968.

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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