Adatowne Ada MI Real Estate Market Report June 2008

Adatowne Ada MI Real Estate Market Report June 2008

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.

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 Neighborhood Ada, Michigan

June 2008 Stats Real Estate

5 homes sold, 1 pending, 1 for sale

Address Status Price Sq Ft Cost/SqFt DOM

6705 Adaridge For Sale 143,900 1056 136.26 74

7028 Adaridge Pending 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

6674 Adaridge Sold 142,000 1056 134.46 151

6824 Adaside Dr Sold 142,600 1028 138.71 260

SEARCH FOREST HILLS HOMES

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 - Villas of Ada and Stone Falls of Ada - a 210 unit apartment

complex, currently under construction here in Ada.

If you would like further information about Ada Homes, please contact me,

Terry@TerryWestbrook.com, toll free at 1-888-240-1968 ext 0

Copyright 2008 All rights reserved

photo of Adatowne - Adaridge - Rix Street Entrance by Bonnie Westbrook