Devonshire, Lansing, MI Homes for Sale

Devonshire, Lansing, MI Homes for Sale July 18, 2024
25
Listed
37
Avg. DOM
$137.93
Avg. $ / Sq.Ft.
$150,500
Med. List Price
25 Properties
Page 1 of 3

Introduction to Devonshire, Lansing, MI

Devonshire is a charming neighborhood nestled in the heart of Lansing, Michigan. Known for its tree-lined streets and friendly community, Devonshire offers a blend of suburban tranquility and urban convenience. Located just a few miles from downtown Lansing, residents enjoy easy access to the city's amenities while still experiencing the peace and quiet of a residential area.

One of the key attractions of Devonshire is its diverse range of homes. The neighborhood features a mix of architectural styles, from classic mid-century ranches to contemporary two-story houses. Most homes in Devonshire were built between the 1950s and 1970s, providing a unique character to the area. Property sizes vary, with lot sizes ranging from 0.2 to 0.5 acres, offering plenty of space for families to grow and thrive.

Devonshire is part of the Ingham County, which is known for its reasonable property taxes. The average annual property tax in this area is around $3,000, making it an affordable option for homeowners. With a population of approximately 5,000 residents, Devonshire maintains a close-knit community feel, perfect for those looking to settle down in a welcoming neighborhood.

Current Market Trends in Devonshire

Analysis of Recent Market Trends

The real estate market in Devonshire has been quite dynamic over the past year. The average home sale price in the neighborhood currently stands at $225,000, reflecting a steady increase from previous years. This rise in prices is indicative of the growing demand for homes in this desirable area. In comparison, the average sale price for homes in the broader Lansing area is around $180,000, highlighting Devonshire's premium appeal.

Average Sales Prices Over the Last Year

Over the last 12 months, home prices in Devonshire have seen a healthy appreciation. In July 2023, the average sale price was about $210,000, while in July 2024, it has reached $225,000. This 7% increase shows that investing in a Devonshire property can be a sound financial decision. The market remains competitive, with homes typically staying on the market for just 30 days before being sold.

Comparison with Broader Lansing Real Estate Market

When compared to the broader Lansing real estate market, Devonshire homes are priced slightly higher, but for good reason. The neighborhood's unique charm, excellent location, and strong community spirit make it a sought-after destination. While Lansing's overall real estate market has seen a 5% increase in home values over the past year, Devonshire's 7% rise underscores its status as a premium neighborhood.

In terms of square footage, Devonshire homes offer more space than the average Lansing home. The typical property in Devonshire ranges from 1,500 to 2,500 square feet, providing ample room for families. Many homes feature modern upgrades, such as updated kitchens, renovated bathrooms, and energy-efficient windows, which add significant value to the properties.

Detailed Home Profiles in Devonshire

Types of Homes Commonly Found in Devonshire

Devonshire boasts a variety of home types, making it a versatile choice for different buyers. The neighborhood primarily features single-family homes, with a few duplexes and townhouses sprinkled throughout. The single-family homes are the most popular, offering spacious layouts and private yards, perfect for families and those who enjoy outdoor living.

Architectural Styles and Predominant Designs

The architectural styles in Devonshire are diverse, reflecting the neighborhood's development over several decades. Mid-century ranch homes, built in the 1950s and 1960s, are prevalent, characterized by their single-story design, open floor plans, and large windows. You'll also find charming Cape Cod-style homes with steeply pitched roofs and dormer windows, adding a touch of classic American architecture to the area.

Contemporary two-story houses, constructed more recently in the 1980s and 1990s, add modern appeal with their sleek lines and updated features. These homes often include amenities like master suites with walk-in closets, spacious kitchens with granite countertops, and living areas designed for entertaining. Additionally, many properties have been upgraded with energy-efficient appliances, new roofing, and advanced heating and cooling systems.

Age Range of Properties and Typical Property Sizes

Most homes in Devonshire were built between the 1950s and 1990s, giving the neighborhood a well-established yet diverse feel. The typical lot size in Devonshire ranges from 0.2 to 0.5 acres, providing plenty of space for gardens, patios, and play areas. Homes vary in size, with smaller ranch-style houses offering around 1,200 square feet, while larger two-story homes can provide up to 2,500 square feet of living space.

Price Range and Property Sizes

Breakdown of Current Homes for Sale by Price Range

The current homes for sale in Devonshire fall within a broad price range, catering to different budgets and preferences. As of now, the prices start at around $180,000 for smaller, older homes needing some updates, and can go up to $300,000 for larger, fully renovated properties with modern amenities. The median home price in the area is approximately $225,000, reflecting the neighborhood's mix of affordability and quality.

Discussion on Square Footage Ranges

Devonshire homes offer a range of square footage options to suit various needs. Smaller homes, typically ranch-style, range from 1,200 to 1,500 square feet. These homes are ideal for singles, couples, or small families looking for cozy living spaces. Mid-sized homes, which are the most common, range from 1,600 to 2,000 square feet, offering three to four bedrooms and ample living space for growing families. Larger homes, often two-story designs, range from 2,100 to 2,500 square feet, providing plenty of room for those who need extra space for home offices, playrooms, or guest rooms.

Correlation Between Price and House Size

There is a clear correlation between the price and size of homes in Devonshire. Smaller homes, priced around $180,000 to $200,000, offer around 1,200 to 1,500 square feet of living space. Mid-sized homes, priced between $200,000 and $250,000, provide 1,600 to 2,000 square feet. Larger homes, which can cost up to $300,000, typically offer 2,100 to 2,500 square feet. This range ensures that buyers can find a home that fits both their budget and space requirements.

Highlighting Key Amenities and Upgrades

Common Features in Devonshire Homes

Devonshire homes are known for their appealing features and modern amenities. Many homes in the area boast updated kitchens with stainless steel appliances, granite countertops, and custom cabinetry. These kitchens often include islands or breakfast bars, perfect for casual dining and entertaining. Living areas in these homes are spacious, with hardwood floors, large windows, and cozy fireplaces adding charm and warmth.

Bathrooms in Devonshire homes are typically upgraded with features like double vanities, tiled showers, and soaking tubs. Master suites often come with walk-in closets and en-suite bathrooms, providing a private retreat for homeowners. Other common features include finished basements, which can be used as additional living spaces, home gyms, or game rooms.

Notable Upgrades that Add Value

Several notable upgrades in Devonshire homes significantly enhance their value and appeal. Many properties have been fitted with energy-efficient windows, new HVAC systems, and solar panels, reducing utility costs and increasing sustainability. Homeowners also appreciate smart home technologies, such as programmable thermostats, security systems, and smart lighting, which provide convenience and peace of mind.

Outdoor spaces are another highlight of Devonshire properties. Many homes feature landscaped yards, patios, and decks, perfect for outdoor entertaining and relaxation. Some homes even come with built-in barbecues, fire pits, and outdoor kitchens, adding a luxurious touch to backyard gatherings. Additionally, properties with swimming pools and hot tubs are highly sought after, offering a resort-like experience at home.

Schools and Educational Opportunities

Overview of Local Schools and Educational Institutions

Devonshire is served by several highly regarded schools, making it an excellent choice for families with children. The neighborhood falls within the Lansing School District, which includes Cavanaugh Elementary School, Pattengill Biotechnical Magnet School, and Everett High School. These schools are known for their strong academic programs, dedicated teachers, and vibrant extracurricular activities.

Information on School Ratings and Special Programs

Cavanaugh Elementary School has a solid reputation, with a focus on STEM (Science, Technology, Engineering, and Math) education. Pattengill Biotechnical Magnet School offers unique biotechnical programs, providing students with hands-on learning experiences in science and technology. Everett High School is known for its diverse curriculum and strong athletics program, with numerous sports teams and clubs available for students.

Distance from Devonshire to Major Educational Centers

Devonshire's convenient location ensures easy access to major educational centers in Lansing. Michigan State University, a leading public research university, is just a 15-minute drive from the neighborhood. Lansing Community College, offering a wide range of associate degree programs and certifications, is also nearby, making it a great option for continuing education. For younger children, there are several well-regarded daycare centers and preschools in the vicinity, providing quality early childhood education.

Local Community and Lifestyle

Insight into the Lifestyle and Community Vibe in Devonshire

Devonshire offers a welcoming and vibrant community vibe that appeals to residents of all ages. The neighborhood is known for its friendly atmosphere and active community spirit. Regular neighborhood events, such as block parties and holiday celebrations, foster a sense of camaraderie among residents. The streets are lined with mature trees, providing a picturesque setting for evening strolls and morning jogs.

Community Facilities Like Parks, Recreational Centers, and Shopping Areas

Devonshire is home to several parks and recreational facilities that enhance the quality of life for its residents. Cavanaugh Park, located in the heart of the neighborhood, features playgrounds, picnic areas, and sports fields, making it a favorite spot for families. Additionally, the nearby Foster Community Center offers a variety of programs and activities for all ages, including fitness classes, arts and crafts, and sports leagues.

Shopping and dining options are plentiful in and around Devonshire. The Frandor Shopping Center, just a short drive away, provides a wide range of retail stores, restaurants, and services. Residents also enjoy the convenience of local grocery stores, cafes, and specialty shops within the neighborhood.

Local Events and Social Activities

Devonshire residents have plenty of opportunities to engage in local events and social activities. The neighborhood association organizes seasonal events such as summer picnics, Halloween parades, and holiday decorating contests. These events are great for meeting neighbors and building a strong community bond. Additionally, the nearby East Lansing Art Festival and the Lansing JazzFest offer cultural experiences and entertainment just a few minutes away.

Nearby Attractions and Facilities

Description of Nearby Attractions and Facilities

Devonshire’s location provides easy access to a variety of attractions and facilities that cater to diverse interests. The Michigan State Capitol, located just 10 minutes away, offers guided tours and a glimpse into the state’s legislative process. The Michigan History Center and the Lansing River Trail provide educational and recreational opportunities for families and history enthusiasts.

Proximity to Essential Services Like Hospitals and Shopping Malls

Devonshire residents benefit from the close proximity to essential services. The Sparrow Hospital, a leading healthcare provider, is only a 15-minute drive, ensuring that medical care is always within reach. Additionally, the Lansing Mall, located just 20 minutes away, offers a wide range of shopping, dining, and entertainment options. Other nearby amenities include pharmacies, fitness centers, and public libraries, all contributing to the convenience of living in Devonshire.

Access to Public Transportation and Major Roads

Devonshire is well-connected to the rest of Lansing and beyond through an efficient transportation network. The Capital Area Transportation Authority (CATA) provides bus services that connect Devonshire to downtown Lansing, Michigan State University, and other key destinations. Major roads such as I-496 and US-127 are easily accessible from the neighborhood, making commutes to nearby cities like East Lansing and Okemos quick and convenient. For those who prefer biking, the neighborhood offers several bike-friendly routes that connect to the wider Lansing area.

Investment Potential in Devonshire

Analysis of Devonshire as an Investment Opportunity

Devonshire presents a solid investment opportunity for homebuyers and real estate investors alike. The neighborhood's consistent appreciation in property values, with a 7% increase over the past year, makes it an attractive option. The average home price of $225,000 is competitive, given the amenities and quality of life offered in the area. The well-maintained properties, combined with the community's charm, ensure that homes retain their value and appeal over time.

Historical Appreciation Rates of Properties

Historically, Devonshire has seen steady appreciation rates. Over the past five years, property values have increased by an average of 4-6% annually. This trend indicates a stable and growing market, making it a reliable choice for long-term investment. The neighborhood's desirable location, excellent schools, and strong community ties contribute to this positive trend.

Forecasted Growth Trends Based on Current Data

Looking ahead, Devonshire's real estate market is expected to continue its upward trajectory. With ongoing development in nearby areas and the revitalization of downtown Lansing, demand for housing in Devonshire is likely to remain strong. Experts predict that property values will continue to rise by 5-7% annually, providing good returns for investors. The neighborhood's appeal to young families, professionals, and retirees alike ensures a diverse and stable buyer base.

Why Choose Devonshire for Your Next Home?

Summarizing the Appeal of Devonshire as a Residential Choice

Devonshire offers a unique blend of suburban charm and urban convenience, making it an ideal place to call home. The neighborhood's diverse range of homes, from mid-century ranches to contemporary two-story houses, caters to various tastes and budgets. With average home prices around $225,000, Devonshire provides excellent value for its amenities and quality of life.

Recap of the Unique Selling Points Covered in the Article

Devonshire stands out for its strong community spirit, excellent schools, and convenient location. The neighborhood's real estate market is robust, with steady appreciation rates and a promising future. Residents enjoy access to local parks, recreational centers, and essential services, making daily life comfortable and enjoyable. The proximity to downtown Lansing and major educational centers adds to the neighborhood's appeal.

Encouragement to Consider Devonshire in the Context of Lifestyle and Investment Opportunities

Whether you're looking for a family-friendly community, a vibrant social scene, or a sound investment, Devonshire has something to offer. The neighborhood's rich history, diverse architectural styles, and modern amenities make it a desirable destination for homebuyers. With promising growth trends and a welcoming atmosphere, Devonshire is a place where you can invest in both a home and a community.