Kentwood, MI

We have gathered a list of the TOP Caledonia Michigan Houses

to buy, based on price per square foot. Price per square foot

is a great leveler. If two similar homes are listed at similar prices,

their price per square foot should be similar. The price should reflect

the interior finish of the home. For example, if it has crystal chandeliers,

marble tile, & a new kitchen, this would be more per square foot than

a home that still has the 1970’s decor and/or is in derelict condition.

The total square footage is noted here, although only the

main floors are used to figure price per square foot.

Lowest prices/Sq Ft range from $32.37 to $59.95 in Kentwood this month.

January 2010 19 TOP BEST BUYS in Kentwood MI Homes

The lowest list price is $ 29,900

the highest list price is $139,900

Top Kentwood MI Homes to Buy by Price per Square Foot:

7213 Regal Ave $29,900 750 Sq Ft $39.87/SqFt

126 58th St SE $32,900 772 Sq Ft $42.62/SqFt

426 Pine Vista St $45,000 1248 SqFt $36.06/SqFt

337 60th St SE $54,000 1457 Sq Ft $37.06/SqFt

3394 32nd St SE $54,900 1696 Sq Ft $32.37/SqFt

3685 Giddings Ave $59,900 1470 Sq Ft $40.75/SqFt

150 58th St SE $59,900 1007 Sq Ft $59.48/SqFt

453 Pine Place St $59,900 1248 Sq Ft $48.00/SqFt

155 Wavell St SE $70,000 1350 Sq Ft $51.85/SqFt

2097 60th St SE $70,000 1300 Sq Ft $53.85/SqFt

1620 Mapleview St $79,900 1900 Sq Ft $50.99/SqFt

5393 Newcastle Dr $80,000 2696 Sq Ft $44.92/SqFt

5818 Pinetree Ave $84,900 2200 Sq Ft $38.59/SqFt

3200 Brook Trail SE $85,000 1451 Sq Ft $58.58/SqFt

106 Regent St SE $89,900 1872 Sq Ft $48.02/SqFt

1260 54th St SE $118,800 3406 Sq Ft $57.87/SqFt

4658 Meadow Lk Dr $119,900 2000 Sq Ft $59.95/SqFt

3615 Kalamazoo Ave $124,900 2725 Sq Ft $45.83/SqFt

1889 60th St SE $139,900 2436 Sq Ft $57.43/SqFt

Kentwood & Wyoming have been hit hard by unemployment, auto-

motive plant shutdowns and loss of population. Short Sales are

extremely difficult for most home buyers to consider as a purchase.

Please keep in mind the time alone [3-9 months] of negotiating with

the banks makes it almost impossible for some buyers to consider.

Please note that this list can change daily as some homes

sell, prices are adjusted and other homes come on the market.

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

More Kentwood Michigan Real Estate Articles

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

If you would like to view a Kentwood Top Best Buys Home,

please call 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

All information is subject to verification & no liability for

omission or error is assumed.

Kentwood Michigan is a large suburb of Grand Rapids with a population

under 50,000. It has manufacturing, shopping centers, and lots and lots

of residential housing. Kentwood Public Schools are one of the largest

school systems in the area with over 9000 students and 16 buildings

within a 24.25 square mile area.

Kentwood home sales are still on a general downward trend

in price. Over 1/3 of Kentwood Homes Equity has dissolved in

the last 3 years, according to the current stats.

We are still seeing some price reduction even though activity is high.

On the good news for sellers, Kentwood has one of the lowest

absorption rates in the area.

Foreclosures and short sales are still affecting the average

market price here as Grand Rapids has seen jobs disappear.

The homes under $ 150K in Kentwood are seeing about 80% of the

overall sales. The homes over $150K are selling but at a slower rate.

In 2007, Kentwood had 434 homes sales: avg sold price:$151,009

In 2008, Kentwood had 722 home sales:avg sold price: $115,127

In 2009, Kentwood has had 448 home sales: avg sold price:$ 100,561

Home sales for Kentwood – Up to $150,000:

116 Active Listings w Avg sold price $ 115,673

378 sold Avg sold price $102,538

Home sales for Kentwood – $150,001 & UP:

58 Active Listings w avg sold price of $ 189,463

70 sold Avg sold price $150K+ = $174,132

Kentwood Absorption Rate for this price range is 4.6 months,

at the current rate of sale (which means if no new listings come

on the market, it will take 4.6 months to sell the active listed

homes). This is a great rate for the Grand Rapids area and shows

that Kentwood is a popular and affordable city to live in.

Kentwood Michigan Real Estate Information

Real Estate is always hyper-local. If you have questions about

a specific Kentwood home, please contact me.

Copyright 2009 All rights reserved

Photo of Kentwood High School by Bonnie Westbrook

Housing square footage is so important yet it is one of the areas that has the most reporting errors.

Agents, buyers and sellers all look at square footage to see what the cost per square foot comparison is as a reference.

If you rely on the municipality for accurate numbers you could be following a misleading number as well. Many homeowners add rooms, and finished areas without getting a building permit...so the finished square footage is never accounted for in the municipal records.

The appraiser does not always personally varify the square footage either so using the number from an appraisal report could give misleading information too. Now consider the homeowner who reports to the real estate agent a square footage based on an error and the errant information just keeps getting reported until someone actually varifies the number by physically measuring.

Now add the new change to bedroom considerations. If your bedroom isn't above grade it isn't considered a bedroom legal or not...does that make sense? The new guidelines say that a home with a walkout bedroom, daylight basement bedroom even thought it meets code as legal isn't going to be considered by the lender as a bedroom.

So if your have a three bedroom home but only one bedroom above grade your home is a One Bedroom! How many buyers looking for a three bedroom home will pass up the one or two bedroom every time. I think all of them will pass up a one bedroom or two bedroom if it requires being listed as a one bedroom.

I personally think, if bedrooms meet the legal definition by building code, they should be considered bedrooms and not ignored by lenders.

These changes took place in mid December and will impact sellers all over the nation. What do you think about square footage and bedroom requirements?

Thanks for following my Blog...all rights reserved.

Gary White Flexit Realty, Grand Rapids Michigan 616-784-2360 www.FlexitRealty.com

The announcement that the Home Buyer Tax Credit would be extended has definitely perked up buying activity for our client base, but buyers are not the only ones who are seeking to take advantage of this turn of events.  Over the past several weeks, a number of clients have contacted us requesting updated market data for their neighborhoods and requesting assistance with staging and preparing their homes for sale. 

This lovely home on 4910 Weatherstone Lane, SE, Kentwood, MI 49508 was built in 1991 but when the current occupants bought it 7 years ago, it need a lot of cosmetic work.  But the buyers saw the potential and through hard work, attention to detail and plenty of custom upgrades transformed the space into an engaging and delightful space once again.  Take a moment to preview the tour; we think you'll agree with our opinion that she showcases beautifully!

We have gathered a list of the Top Kentwood Home

Buys. Please note: This list can change daily as some

homes sell, prices are adjusted and other homes come

on the market. The homes listed below are probably

dated and would need updating with new carpeting,

paint, and kitchen-bath redos at a minimum to bring

them to current market standards. They might need major

repair work done, such as new roofs & mechanicals.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

The total square footage is noted here, although only the

main floors are used to figure price per square foot. The

lowest prices/Sq Ft range from $28.51 to $69.57 in

Kentwood this month.

Kentwood & Wyoming have been hit hard by the automotive

shutdowns and subsequent job losses in these areas. A large

number of the homes we researched this month were short sale

properties that will be probably be coming on the market in the

next 6-9 months as foreclosure sales.

Short Sales are extremely difficult for most home buyers to

consider as a purchase. Please keep in mind the time alone

[3-9 months] of negotiating with the banks makes it almost

impossible for some buyers to consider.

November 2009 36 TOP BEST BUYS in Kentwood MI Homes

The lowest list price is $29,900

the highest list price is $194,900

Top Kentwood MI Homes to Buy by Price per Square Foot:

7213 Regal Ave $29,900 750 Sq Ft $39.87/SqFt

136 Nancy St SE $47,900 1680 Sq Ft $28.51/SqFt

1511 Brookmark St $50,000 828 Sq Ft $60.39/SqFt

4525 Grantwood $57,900 960 SqFt $60.31/SqFt

3685 Giddings Ave $59,900 1470 Sq Ft $40.75/SqFt

150 58th St SE $59,900 1007 Sq Ft $59.48/SqFt

5444 Eastern Ave $59,900 976 SqFt $61.37/SqFt

5052 Mildred Ave $59,900 1100 Sq Ft $67.45/SqFt

315 60th St SE $60,000 864 Sq Ft $69.44/SqFt

4705 Grantwood Ave $61,000 1454 Sq Ft $41.95/SqFt

426 Pine Vista St $65,000 1248 SqFt $52.08/SqFt

5689 Gentian Ct SE $69,900 2182 Sq Ft $48.04/SqFt

2097 60th St SE $70.000 1300 Sq Ft $53.85/SqFt

1370 Manorwood $74.900 1824 Sq Ft $41.06/SqFt

691 68th St $75,000 1590 Sq Ft $47.17/SqFt

3750 Breton Rd SE $79,500 1651 Sq Ft $48.15/SqFt

1620 Mapleview St $79,900 1900 Sq Ft $50.99/SqFt

5818 Pinetree Ave $84,900 2200 Sq Ft $38.59/SqFt

3622 Senora Ave $89,900 1720 SqFt $67.59/SqFt

1929 68th St SE $90,000 1476 Sq Ft $60.98/SqFt

1582 Marwood Dr $94,900 2047 SqFt $69.57/SqFt

110 Lurie St SE $99,900 1627 Sq Ft $61.40/SqFt

4651 Brooklyn Ave $99,900 1800 Sq Ft $67.73/SqFt

3075 Paris Park Dr $103,900 1711 SqFt $60.72/SqFT

4675 Brooklyn Ave $109,900 2817 Sq Ft $51.96/SqFt

4957 Bringham Ln $115,000 2260 Sq Ft $66.86/SqFt

2655 52nd St SE $115,900 1687 Sq Ft $68.70/SqFt

1024 52nd St SE $115,900 1932 Sq Ft $59.99/SqFt

5830 Buchanan Ave $124,940 1808 Sq Ft $69.10/SqFt

1455 Gunnink Dr SE $127,777 1840 Sq Ft $69.44/SqFt

5848 Valley Lane Dr $129,900 2073 Sq Ft $63.49/SqFt

5800 Buchanan Ave $134,884 2073 Sq Ft $65.07/SqFt

1889 60th St SE $139,900 2436 Sq Ft $57.43/SqFt

1260 44th St SE $140,000 2877 Sq Ft $65.91/SqFT

1160 Edsel St St $ 179,900 3128 Sq Ft $62.51/SqFt

3350 Sandyhook Ct $194,900 2969 Sq Ft $65.64/SqFt

More Kentwood Michigan Real Estate Articles

If you would like to view a Kentwood Top Best Buys Home,

please call 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

All information is subject to verification & no liability for

omission or error is assumed.

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