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

 Ada Drive Oak Tree Ada MI

 

 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

 

 

_____________________________________________________________________________________________________

 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.  Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities, plus lively arts and entertainment of all kinds.

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

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                          Contact Terry   616-292-7263

 
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2 Comments on Ada Michigan ~ Real Estate Market Report October 2008 ~ Adacroft Commons

NOV
05
2008
579,219 Points 13 Featured Posts Outside Blog

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!

7:09am • #1
423,905 Points 1 Featured Post Localism Sponsor Outside Blog

Charles:Thanks for the comment. we have seen some activity but we have a way to go.

8:36am • #2

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