East Grand Rapids, MI Homes for Sale

East Grand Rapids, MI Homes for Sale July 16, 2024
88
Listed
44
Avg. DOM
$305.43
Avg. $ / Sq.Ft.
$642,500
Med. List Price
88 Properties
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Overview of East Grand Rapids Real Estate Market

East Grand Rapids, MI, is a charming community with a population of approximately 11,000 residents. The area is known for its strong housing market, with median home prices currently sitting at around $450,000. Homes in this market typically spend about 30 days on the market before being sold, indicating a healthy demand.

Market Trends

Over the past five years, the East Grand Rapids housing market has shown steady growth. This trend is attributed to the area's excellent school system, vibrant community, and proximity to downtown Grand Rapids, which is only a 10-minute drive away. The market has seen an increase in home sales by 10% year-over-year, reflecting a robust interest in the area.

Types of Homes Available

The East Grand Rapids real estate market offers a diverse range of homes, catering to various preferences and budgets. Single-family homes dominate the market, making up about 70% of the available properties. Condos account for 20%, while townhouses make up the remaining 10%.

Age and Construction

Most homes in East Grand Rapids were built between 1950 and 1980, providing a mix of vintage charm and modern updates. There is also a small percentage of new constructions, approximately 5%, offering contemporary designs and the latest amenities.

Architectural Styles

The architectural landscape in East Grand Rapids is quite diverse. You can find Colonial-style homes with their symmetrical facades, Tudor-style houses featuring steeply pitched gable roofs, and Mid-century Modern homes known for their flat planes and large glass windows. Additionally, Craftsman homes are popular, showcasing handcrafted stone and woodwork.

Home Sizes and Layouts

Homes in East Grand Rapids vary in size but typically offer around 2,500 square feet of living space. Common layouts include 3 to 4 bedrooms and 2 to 3 bathrooms. Lot sizes usually range between 0.25 to 0.5 acres, providing ample outdoor space for families and entertaining.

Architectural Styles in East Grand Rapids

East Grand Rapids is home to a variety of architectural styles, each adding its own unique charm to the community. The most prominent styles include Colonial, Tudor, Mid-century Modern, and Craftsman.

Colonial

Colonial-style homes are popular for their symmetrical facades, classic brick exteriors, and elegant shutters. These homes often feature spacious interiors with large living areas, hardwood floors, and multiple fireplaces. Many Colonial homes in the area were built in the 1960s and 1970s, providing a blend of historical appeal and modern amenities.

Tudor

Tudor-style homes are easily recognizable by their steeply pitched gable roofs, decorative half-timbering, and leaded glass windows. These homes typically offer cozy interiors with intricate woodwork, arched doorways, and charming stone exteriors. Most Tudors in East Grand Rapids were constructed in the early to mid-20th century, showcasing timeless craftsmanship.

Mid-century Modern

Mid-century Modern homes are characterized by their flat planes, large glass windows, and open floor plans. These homes emphasize a connection to nature, often featuring expansive outdoor spaces and integrated indoor-outdoor living areas. Built primarily in the 1950s and 1960s, these homes offer a sleek, minimalist design that remains popular today.

Craftsman

Craftsman-style homes are known for their handcrafted stone and woodwork, low-pitched gable roofs, and wide front porches. Inside, these homes often feature built-in cabinetry, hardwood floors, and exposed beams. Craftsman homes in East Grand Rapids were typically built in the early 1900s, offering a blend of historical character and modern updates.

Typical Home Sizes and Layouts

Homes in East Grand Rapids come in various sizes and layouts, catering to different family needs and lifestyles. The average home size is around 2,500 square feet, providing ample space for living and entertaining.

Common Layouts

Most homes feature 3 to 4 bedrooms and 2 to 3 bathrooms, making them ideal for families. Open floor plans are common, with spacious kitchens, dining areas, and living rooms designed for modern living. Many homes also include additional spaces such as home offices, finished basements, and bonus rooms.

Lot Sizes

The typical lot size in East Grand Rapids ranges from 0.25 to 0.5 acres. These generous lot sizes provide plenty of outdoor space for gardening, recreation, and entertaining. Larger properties with over an acre of land are also available, offering even more privacy and room to expand.

Upgrades and Amenities

Many homes in East Grand Rapids have been updated with modern amenities while retaining their original charm. Common upgrades include renovated kitchens with stainless steel appliances and granite countertops, updated bathrooms with luxury fixtures, and energy-efficient windows and insulation. Outdoor amenities often feature landscaped yards, patios, and decks for outdoor living.

Price Ranges and Property Values

The real estate market in East Grand Rapids offers a wide range of prices, catering to various budgets and preferences. Entry-level homes typically range from $300,000 to $400,000, providing a great option for first-time buyers or those looking for smaller properties. These homes often feature 2 to 3 bedrooms, 1 to 2 bathrooms, and around 1,500 to 2,000 square feet of living space.

Mid-range Homes

Mid-range homes, priced between $400,000 and $600,000, are abundant in East Grand Rapids. These properties usually offer more space and amenities, with 3 to 4 bedrooms, 2 to 3 bathrooms, and approximately 2,500 to 3,500 square feet. Many of these homes have been updated with modern features, including renovated kitchens, updated bathrooms, and energy-efficient systems.

Luxury Homes

For those seeking more luxurious options, homes priced above $600,000 are available. These properties often boast large lots, custom designs, and high-end finishes. Luxury homes in East Grand Rapids typically feature 4 to 5 bedrooms, 3 to 5 bathrooms, and over 3,500 square feet of living space. Many also include premium amenities such as home theaters, wine cellars, and outdoor kitchens.

Property Taxes

The property tax rate in East Grand Rapids is approximately 1.8% of the home’s assessed value. For example, a home valued at $450,000 would have an annual property tax of around $8,100. This rate is in line with the surrounding areas, making it a reasonable cost for the quality of life and services provided.

Schools and Education

East Grand Rapids is renowned for its excellent educational system, making it a popular choice for families. The East Grand Rapids Public Schools district is highly rated, consistently ranking in the top 5% of schools in Michigan. The district includes East Grand Rapids High School, East Grand Rapids Middle School, and three elementary schools: Breton Downs, Lakeside, and Wealthy Elementary.

High School Graduation Rate

East Grand Rapids High School boasts a high graduation rate of 95%, with a strong emphasis on academic excellence and college preparedness. The student-to-teacher ratio is approximately 18:1, allowing for personalized attention and support for each student.

Private Schools

In addition to the public schools, there are several private school options in and around East Grand Rapids. East Grand Rapids Christian School is a notable option, offering a faith-based education with a strong academic curriculum. Nearby, Grand Rapids Christian Schools and Catholic Central High School also provide excellent educational opportunities.

Higher Education

For higher education, East Grand Rapids is conveniently located near several colleges and universities. Grand Valley State University, Aquinas College, and Calvin University are all within a short drive, offering a range of undergraduate and graduate programs. These institutions contribute to the area's vibrant intellectual and cultural community.

Nearby Amenities and Attractions

East Grand Rapids offers a variety of amenities and attractions that contribute to its desirability. The community is centered around Reeds Lake, a popular spot for boating, fishing, and outdoor activities. The lake is surrounded by parks, including John Collins Park, which features picnic areas, a playground, and a boat launch.

Shopping and Dining

Gaslight Village is the main shopping and dining district in East Grand Rapids. Here, you'll find a mix of boutique shops, restaurants, and cafes. Popular spots include Rose's on Reeds Lake, a waterfront restaurant known for its American cuisine, and Breton Village Shopping Center, offering a variety of retail stores and services.

Community Facilities

The East Grand Rapids Community Center is a hub for local events and activities. It offers fitness classes, sports leagues, and meeting spaces. Additionally, the East Grand Rapids Library provides a range of resources and programs for residents of all ages.

Recreational Opportunities

Outdoor enthusiasts will appreciate the numerous parks and trails in the area. Manhattan Park is a large green space with sports fields, picnic areas, and walking trails. For golfers, the nearby Kent Country Club offers an 18-hole course set in a picturesque landscape.

Recent Market Trends and Sales Data

The real estate market in East Grand Rapids has been experiencing positive trends, making it an attractive place for homebuyers. Over the past year, home sales have increased by 10%, reflecting strong demand. The average price per square foot is currently $180, indicating the area's high property values.

Sales Data

Homes in East Grand Rapids are selling quickly, with the average time on the market being around 30 days. Approximately 25% of homes are selling above the asking price, highlighting the competitive nature of the market. The average sale-to-list price ratio is 98%, showing that most homes sell very close to their listing price.

Market Growth

The steady growth in home sales and prices can be attributed to several factors, including the area's excellent schools, vibrant community, and proximity to downtown Grand Rapids. This trend is expected to continue, making East Grand Rapids a solid investment for homebuyers.

Investment Potential

For investors, East Grand Rapids offers promising opportunities. The combination of rising home values and a high demand for properties makes it an attractive market for both long-term and short-term investments. Rental properties are also in demand, providing a steady income stream for investors.

Neighborhoods and Communities

East Grand Rapids is comprised of several distinct neighborhoods, each offering its own unique character and charm. Popular neighborhoods include Gaslight Village, Reeds Lake, Manhattan Park, and Wealthy Street.

Gaslight Village

Gaslight Village is known for its vibrant atmosphere and close-knit community feel. The area features a mix of historic homes and modern constructions, with home prices ranging from $400,000 to over $1 million. Many homes here are within walking distance to shops, restaurants, and Reeds Lake.

Reeds Lake

Homes around Reeds Lake offer stunning waterfront views and easy access to outdoor activities. Properties in this area are highly sought after, with prices typically starting around $600,000 and going up to $2 million for luxury estates. The architectural styles vary, including modern, contemporary, and classic designs.

Manhattan Park

Manhattan Park is a family-friendly neighborhood known for its excellent schools and spacious homes. The area features a variety of architectural styles, including mid-century modern and ranch-style homes. Prices in Manhattan Park range from $350,000 to $750,000, making it an attractive option for families.

Wealthy Street

Wealthy Street is a historic neighborhood with a mix of beautifully preserved older homes and new developments. The area is known for its unique character and charm, with home prices ranging from $300,000 to $700,000. Residents enjoy the close proximity to boutique shops, cafes, and parks.

Why Choose East Grand Rapids?

East Grand Rapids offers a high quality of life, making it an ideal place to call home. The community is just a 10-minute drive from downtown Grand Rapids, providing easy access to city amenities while maintaining a suburban feel. The area is known for its excellent schools, safe neighborhoods, and strong sense of community.

Proximity to Grand Rapids

Being close to Grand Rapids means residents can enjoy the benefits of a larger city, such as diverse dining options, cultural events, and shopping centers, while living in a peaceful, residential area. The convenient location also makes it easy for commuters to travel to and from work.

Strong Community and Safety

East Grand Rapids is renowned for its community spirit and safety. The local government and residents work together to maintain a welcoming and secure environment. Community events, such as farmers' markets, parades, and festivals, are common, fostering a strong sense of belonging among residents.

Excellent Schools

The East Grand Rapids Public Schools district is one of the top-performing districts in Michigan, making it a significant draw for families. The high academic standards and variety of extracurricular activities ensure that students receive a well-rounded education.

Recreational Opportunities

The area boasts numerous parks, lakes, and recreational facilities, providing ample opportunities for outdoor activities. Whether you enjoy boating on Reeds Lake, hiking in the nearby parks, or participating in community sports leagues, there's something for everyone in East Grand Rapids.

In summary, East Grand Rapids, MI, is a desirable place to live with a strong real estate market, diverse home styles, and excellent community amenities. From the vibrant neighborhoods to the top-rated schools and numerous recreational opportunities, East Grand Rapids offers a high quality of life for its residents. Whether you're looking for a historic home in Wealthy Street or a modern waterfront property near Reeds Lake, this charming community has something for everyone.