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Ada MI Real Estate Market Report ~ Clements Mill

By
Real Estate Agent with Westbrook Realty Broker-Owner

Clements Mill is  a newer home development built by Eastbrook

Construction in the Ada MI area, started in 1999 and completed in

2003. Apart from newer homes, part of the appeal is the proximity

of  Forest Hills Central Middle and High Schools, Forest Hills

Woodlands 5/6 School, St Roberts & Ada Christian Schools, which

are within walking distance.

Clements Mill is midway between the Village of Ada and Forest Hills

shopping area at Cascade Road and Forest Hills. 

Ada's Clements Mill has seen steady to declining values in the short

time it has been built out.  This is largely due to the current over

abundance of houses for sale in a soft resale market. 

 

                Clements Mill  Residential Real Estate

                     Sept 2008 Market Report

           20 Sold, 0 Pending, 5 For Sale, 5 Expired

       bike trail on Ada Dr ada mi

 

Address                    Status       Sq Ft     Price    $/Sq Ft     DOM 

524 Hartfield Dr     For Sale   2399      319,900  133.34      16

600 Hartfield Dr      For Sale    2326    318,900    137.10     21

5649 Highbury Dr    For Sale    1834   189,999   103.59    239 

703 Maple Hill Ct      For Sale    1803    224,900   124.73    175 

5480 Hartfield Ct     For Sale    1905    229,000   120.20    148 

745 Abbey Mill Ct    Sold           1674   240,000   143.36       71

385 Haskins Ct         Sold           2538   315,000   124.11       12

5540 Highbury Dr   Sold           2224   265,000    119.15    111

5469 Maple Hill         Sold          2244    240,000    106.95      49 

5587 Clemwood Ct    Sold        2254     370,000    164.15      83

743 Maple Hill  Ct        Sold       1800     237,000     131.66   134

728 Abbey Mill  Ct       Sold      1672      239,682    143.35    127

5369 Maple Hill Ave   Sold       1819      200,000     109.95     12

5561 Highbury Dr       Sold       1762      234,500     133.08     10

573 Longwood Dr       Sold       2420      261,500     108.05     89

562 Hartfield  Dr        Sold        1956     265,000      135.48   159

400 Haskins  Ct           Sold        2450      262,500     107.14     97

681 Highbury  Ct         Sold        2455      270,000    109.97    312

503 Hartfield Dr          Sold       2260        272,000     120.35     70

563 N Whitman Ct      Sold        2540       278,000      109.44      32

5737 Clements Mill     Sold        2368       285,000      120.35    130

698 Highbury Ct          Sold        2545       300,000      117.87     141

5489 Clemwood Ct      Sold       2644       309,000      116.86       53

609 Highbury                Sold       2552      310,000      121.47        89

5434 Clemwood Ct       Sold      2833      345,000      121.77      424

 

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 condo units - Villas of Ada

and Stone Falls of Ada - a 210 unit apartment complex, currently

under construction here.  The Stone Falls of Ada apartment project

is adjacent to Clements Mill.  Both are scheduled for completion by

spring 2009.

If you have detailed questions about Ada Homes or just need further

information, please contact me directly.

Grand Rapids Ada MI  Real Estate   Westbrook Realty

Copyright 2008  All rights reserved

Ada Drive Walking Trail Photo by Bonnie Westbrook

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