Care-free Condo Living! 1028 Ada Place Dr. SE GR, MI 49546

Care-Free Condo living! 1028 Ada Place Dr. SE Grand Rapids, MI
1028 Ada Place Dr. SE, Grand Rapids, MI 49546  PRICE REDUCED to: $125,000
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Details

Broker:  Lola Audu, CRS, GRI, e-Pro
Telephone: 616-791-0511
MLS# 752130

Very nice setting & great condo living in Forest Hills Schools. This bright and airy contemporary unit is conveniently located to freeways, shopping and some specialty malls.

It’s an energy efficient 3 bedroom, 2.5 baths unit which includes a finished daylight basement that could be used as 4th bedroom or an additional family room.

This home features a private entry across from a one stall car garage, a gas fireplace in the living room and central air conditioning.

This condominium is located in the Ada Place Condominium project. While many condo projects do not allow pets, you can have cats and small dogs here.The Homeowners association fee is $150.  Contact us at 616-791-0511 for all the items listed in the association fee.

The complex is very nicely maintained and residents have access to a play area for kids and a pond.

*Pets must be registered


Voigt House…Victorian grace preserved in historic Heritage Hill mansion

SEARCH WEST MICHIGAN HOMES FOR SALE – Grand Rapids, MI Real Estate Statistics

During a previous tour of some of the downtown Grand Rapids, MI condominium developments, we drove by the Voigt House, a historic Victorian Museum.  It was a cold, blustery winter day…a marked contrast from the emerging burst of spring flowers which are popping up today.

This unique 19th century home was the residence of the Voigt family for 76 years until 1907. It has been preserved with the original furnishings and personal belongings of the family…a fascinating inside view of what life was like in the Victorian era in Grand Rapids.

You might enjoy a tour or the Museum which is open every Tuesday between 11:00 a.m. ~ 3 p.m. and every 2nd and 4th Sunday of the month. It is also available for special occasions such as wedding ceremonies and special dinners. On the day that we dropped by, they were preparing for a special fund raising dinner.

voigt-house-2The Voigt House is located in a larger historic community in Grand Rapids, Mi known as the Heritage Hill neighborhood.

Heritage Hill comprises of approximately 1300 properties adjacent to the downtown Grand Rapids area. The houses date from 1848 and represent over 60 different types of architectural designs. It was this community that the well-to-do, like the lumber barons, teachers, legislatures and judges who shaped the course of the city lived.

Today, Heritage Hill is a vibrant and eclectic community and comprises of a diverse group of professionals, artisans and home owners from every background imaginable. It’s a wonderful community to drive through and look at the grand homes which defined the city’s past and are continuing to actively shape it’s future.

Copyright 2008 Audu Real Estate All Rights Reserved

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LOOK FOR GRAND RAPIDS, MI HOMES FOR SALE

4537 Buchanan SW, Wyoming, MI 49548

Just listed!  4537 Buchanan SW, Wyoming MI  49548 @ 114,500!

Just listed! 4537 Buchanan SW, Wyoming MI 49548 @ 114,500!

PRICE REDUCED:  $99,900!

Click on the picture to experience a virtual tour of this lovely home!  Over 2000 sq. ft of space here….  Looking for brand new without the price tag…arrange for a private preview.  You’ll be pleasantly surprised.  Call 616-791-0611.

Vital Stats:

Built in 1943

Includes all appliances plus ceiling fans

Exterior professionally landscape and has shed and garage

Move-in ready condition!

Audu Real Estate  www.auduhomes.com 616-791-0511.

Preventing Foreclosures in West Michigan

chairs-on-the-beachThis past week, I attended a Foreclosure seminar which was part of the Fair Housing annual educational and awards presentation held in Grand Rapids, MI.

The event was well attended and included individuals representing a number of different areas of government, business and the non-profit sector. The foreclosure session was led by Kym Spring, the coordinator for Foreclosure Response, and featured several presenters as well as discussion and questions from the audience.

I learned a lot about the profound impact that foreclosures are having in the West Michigan area including the unsettling statistic that 10% of the housing stock in our area is in some part of the foreclosure process.

In Kent County, we’re loosing about 10 homes a day, 7 days a week! One of the most arresting comments came from a member of the audience. (which included several local experts)

A gentleman associated with Home Repair services, an organization dedicated to helping home owners STAY in their homes shared this:

‘While much is being done and invested to address the crisis through programs to help the banks and re-build communities, we should remember that it costs approximately $1,000 to help a family STAY in their homes. And organizations which do this are struggling with their budgets.’

That comment for me highlighted the challenge of dealing with this crisis. Sometimes, complexity gets in the way of common sense.

While there is not going to be one single silver bullet to end this crisis, we risk loosing sight of obvious steps which can be taken to alleviate human suffering and stabilize hard hit communities. After all, if our neighbors loose their homes, we’re all going to suffer.

This is NOT an individual problem…it’s a collective problem!

One key theme which emerged from the seminar was this: ‘it’s going to take a coordinated effort of EDUCATION, COORDINATION, INTERVENTION & STABILIZATION.

From my perspective, it’s also going to take TIME; a commodity which is truly in short supply as the crisis claims an increasing number of victims.

At a time when the numbers being tossed around to deal with this crisis are so staggering that we need graphs and pictures to help folks understand the size of the mountain of dollars, it was really refreshing and eye opening to hear about practical solutions which would cost far less and can be implemented at the local level.

If you’re in the West Michigan area and need help because of the threat of Foreclosure, here are some reputable organizations which can be of assistance.

Legal Aid of West Michigan:  If you’re a renter, being unfairly evicted due to foreclosure, call: 616-774-0672

Foreclosure Response:  Homeowners, renters and neighborhood communities can access services, self-help tools and action steps to help prevent foreclosures. Call 616-401-0680 or e-mail ForeclosureResponse@gmail.com

Home Repair Services:   These housing specialists provide FREE assistance to help homeowners work out positive outcomes with their lender. They also serve as a referral to other services which can be of assistance to people facing this challenge. Call 616-241-2601

Copyright 2009 Audu Real Estate  All Rights Reserved

Spring 2009 Market Update…Grand Rapids, MI Real Estate Trends Upward

Spring in Grand Rapids MichiganIf the beginning of the year 2009 was somewhat tepid for real estate sales in Grand Rapids, Michigan…things changed in March.  March roared in with numbers which had many in the real estate community chattering with delight.

Activity increased with home buyers sending sales into an upward spiral which eclipsed the same period of time in March of 2008 by 19.46%!  For agents on the ground working with home buyers, this translated into multiple offers or Sold signs on many desirable properties.

In addition, although foreclosures and short sales continued to depress pricing, the overall number of homes for sale was down by 12.8% (10,301 active listings in 2008 vs 8,982 in 2009) and the inventory racks (also known as the absorption rate) decreased from 12.69 months of housing inventory to 9.26 months.

For home sellers, the bottom line view still hurts to look at.  In March of 2008, the average single family home was $120,000, this year it’s about $100,000…a whopping 20% drop!  Ouch!

So what’s the best course of action if you’re in the real estate market of 2009.  Well, it depends on which side of the market you’re putting a stake in the ground for.

Buyers…

If you’re buying a home, the combination of record low prices, great interest rates, good inventory and the tax credit make a very strong case taking a good look at your options, doing your research and acting responsibly and decisively.  Nothing lasts forever…this perfect storm won’t either.

Sellers…

If you’re selling your home, step back and take a birds eye view of your surroundings.  You might be surprised by how much competition is surrounding your dwelling.  Study the numbers intently.  This starts by ordering an appraisal or commissioning a well prepared Comparative Market Analysis by a seasoned real estate professional.

Be realistic; you’re probably not going to make a ‘killing’ in the profit department, but if you play your cards right, you don’t have to get taken to the cleaners either.  Homes which are priced right are selling.  It’s just that the term ‘priced right’ is a moving target.

If you’d like a more detailed analysis of your specific neighborhood, contact me at info@auduhomes.com.  It’s important to note that the stats for every neighborhood in Grand Rapids, MI and the surrounding areas are unique.  This is not about a one size fits all approach.

Copyright 2009  Audu Real Estate  All Rights Reserved