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Elmwood Farm, Lansing, MI Homes for Sale

Elmwood Farm, Lansing, MI Homes for Sale July 12, 2024
15
Listed
51
Avg. DOM
$123.90
Avg. $ / Sq.Ft.
$131,900
Med. List Price
15 Properties
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Overview of Elmwood Farm Neighborhood

Elmwood Farm is a charming neighborhood in Lansing, MI, known for its diverse range of homes and friendly community atmosphere. The area boasts a mix of architectural styles, including ranch, colonial, and split-level homes, many of which were built between the 1950s and 1970s. With tree-lined streets and well-maintained properties, Elmwood Farm offers a picturesque setting for families and individuals alike.

Community Vibe

The neighborhood exudes a suburban feel with plenty of green spaces and parks nearby, making it ideal for outdoor activities and family gatherings. The walkability score of 52/100 and bike score of 67/100 highlight the ease of navigating the area on foot or by bicycle. Residents enjoy close-knit community events and the welcoming ambiance that Elmwood Farm provides.

Proximity to Amenities

Elmwood Farm is conveniently located near major highways, providing easy access to downtown Lansing and surrounding areas. Local amenities include shopping centers, restaurants, and recreational facilities, ensuring that residents have everything they need within a short distance.

Home Prices in Elmwood Farm

The real estate market in Elmwood Farm is thriving, with home prices typically ranging from $250,000 to $400,000. Recent sales data show that homes like the duplex at 1223 Elmwood Rd sold for $265,000, reflecting the area’s steady property value growth.

Market Trends

Home values in Elmwood Farm have seen a consistent rise over the past few years. The estimated sale price for properties in this neighborhood currently ranges between $307,000 and $365,000, indicating a strong and stable market. This upward trend is a positive sign for both current homeowners and potential buyers.

Cost of Ownership

Owning a home in Elmwood Farm comes with manageable monthly expenses. For example, a 30-year fixed mortgage at 3.5% interest would result in a monthly payment of around $1,267. This includes mortgage payments, property taxes, homeowners insurance, and utilities, making it an affordable option for many families.

Property Tax Information

Homes in Elmwood Farm are subject to property taxes levied by Eaton County. The annual property tax for a home valued at $265,000 is approximately $2,844. This reasonable tax rate contributes to the overall affordability of living in this desirable neighborhood.

Property Sizes and Types

Elmwood Farm offers a variety of property sizes and types, catering to different needs and preferences. The neighborhood primarily features single-family homes, with lot sizes generally ranging from 0.25 to 0.5 acres. These spacious lots provide ample room for outdoor activities and gardening, making them ideal for families and individuals who enjoy spending time outside.

Single-Family Homes

Most homes in Elmwood Farm are single-family residences, offering 3 to 4 bedrooms and 2 to 3 bathrooms. The average home size is approximately 1,800 to 2,400 square feet, providing plenty of living space for families of various sizes. These homes typically include features like attached garages, basements, and large backyards.

Multi-Family Units

In addition to single-family homes, Elmwood Farm also has a selection of multi-family units, including duplexes and small apartment buildings. These properties are perfect for investors or those looking to generate rental income. The duplex at 1223 Elmwood Rd, for instance, is a prime example, offering modern amenities and a convenient location.

Architectural Styles and Home Designs

The architectural styles in Elmwood Farm are diverse, reflecting the neighborhood's rich history and evolving tastes. Many homes were built between the 1950s and 1970s, showcasing a mix of traditional and contemporary designs.

Ranch-Style Homes

Ranch-style homes are prevalent in Elmwood Farm, characterized by their single-story layout, open floor plans, and large windows. These homes often feature spacious living areas, attached garages, and expansive front and backyards. They are popular for their practicality and ease of maintenance.

Colonial-Style Homes

Colonial-style homes in Elmwood Farm typically feature two-story designs with symmetrical facades, brick exteriors, and classic architectural details. These homes offer multiple bedrooms, formal dining rooms, and cozy fireplaces, providing a traditional and timeless appeal.

Split-Level Homes

Split-level homes are another common architectural style in the neighborhood. These homes feature staggered floor levels, offering distinct living areas and a unique layout. Split-level designs often include large living rooms, modern kitchens, and private bedrooms, making them suitable for families who value space and privacy.

Modern Upgrades and Amenities

Many homes in Elmwood Farm have been updated with modern amenities to meet current lifestyle needs. Common upgrades include renovated kitchens with stainless steel appliances, updated bathrooms with contemporary fixtures, and energy-efficient windows and HVAC systems. These improvements enhance the overall comfort and value of the properties.

Recent Home Renovations and Upgrades

Many homes in Elmwood Farm have seen significant renovations over the years, enhancing their appeal and functionality. A notable example is the duplex at 1223 Elmwood Rd, which underwent major renovations in 1978. These updates often include modern kitchens with granite countertops and stainless steel appliances, updated bathrooms with new fixtures, and energy-efficient windows and HVAC systems. These upgrades not only improve the home's aesthetics but also contribute to lower energy bills and increased property value.

Interior Upgrades

Interior renovations commonly focus on updating kitchens and bathrooms. Homeowners frequently install granite or quartz countertops, custom cabinetry, and high-end appliances in the kitchen. Bathrooms often see new vanities, tile flooring, and modern lighting fixtures. Hardwood flooring, open floor plans, and finished basements are also popular interior upgrades that enhance living spaces.

Exterior Improvements

Exterior renovations in Elmwood Farm often include new roofing, siding, and landscaping. Many homes feature well-maintained lawns, flower beds, and mature trees, contributing to the neighborhood's curb appeal. Upgraded decks and patios provide additional outdoor living space, perfect for entertaining and relaxation.

Local Schools and Education

Elmwood Farm is served by the Waverly Community Schools district, which includes several highly-rated schools. This makes the neighborhood an attractive option for families with school-aged children. The district's schools are known for their commitment to academic excellence and student development.

Elementary Schools

Waverly East Intermediate School is a popular choice for younger students, offering a robust curriculum and a variety of extracurricular activities. The school focuses on creating a nurturing environment where students can thrive academically and socially.

Middle and High Schools

Waverly Middle School and Waverly Senior High School serve the older students in Elmwood Farm. Waverly Senior High School, located just 1.1 miles from the neighborhood, has a GreatSchools rating of 4/10. The school offers a comprehensive educational program, including advanced placement courses, sports, and arts programs, ensuring a well-rounded education for its students.

Private and Charter Schools

In addition to public schools, Elmwood Farm residents have access to several private and charter schools in the Lansing area. These schools provide alternative educational options, catering to different learning styles and preferences. Notable institutions include Lansing Catholic High School and New Covenant Christian School, both of which are within a short driving distance.

Community Amenities and Lifestyle

Elmwood Farm offers a suburban lifestyle with plenty of amenities to keep residents engaged and entertained. The neighborhood's well-maintained parks and green spaces provide excellent spots for outdoor activities and family gatherings. Local parks like Sharp Park and Delta Mills Park are popular among residents for their walking trails, playgrounds, and picnic areas.

Shopping and Dining

Elmwood Farm residents enjoy easy access to various shopping and dining options. Nearby shopping centers like Lansing Mall and Delta Center offer a wide range of retail stores, restaurants, and entertainment venues. Local favorites include Smokey Bones Bar & Fire Grill and Horrocks Farm Market, which offer unique dining experiences and fresh produce.

Recreational Facilities

The neighborhood's proximity to recreational facilities is another attractive feature. The Delta Township District Library and the Waverly Community Schools' athletic facilities provide residents with numerous opportunities for leisure and fitness. The local YMCA offers fitness classes, swimming pools, and sports programs for all ages.

Events and Activities

Elmwood Farm hosts various community events throughout the year, fostering a strong sense of community. Seasonal events like the annual Fall Festival and summer block parties bring neighbors together and create lasting memories. The active neighborhood association also organizes regular meetings and social gatherings, ensuring residents stay connected and informed.

Nearby Communities and Attractions

Elmwood Farm is conveniently located near several vibrant communities and attractions, making it an ideal place to live for those who appreciate both tranquility and accessibility. The neighborhood's central location provides easy access to major highways, allowing for quick commutes to surrounding areas.

Delta Township

Delta Township is one of the neighboring communities offering additional amenities and attractions. With a population of around 33,000, Delta Township is known for its excellent schools, parks, and shopping centers. Residents often visit the Delta Township District Library and the Delta Mills Park for leisure and recreation.

Waverly

Waverly, another nearby community, is home to the Waverly Community Schools, which serve Elmwood Farm residents. The area offers various dining options, retail stores, and recreational facilities. The Waverly Plaza Shopping Center is a popular destination for shopping and dining, featuring stores like Meijer and Target.

Downtown Lansing

Elmwood Farm's proximity to downtown Lansing means residents can easily enjoy the city's attractions. Downtown Lansing is home to the Michigan State Capitol, Lansing River Trail, and the Potter Park Zoo. The area also offers a variety of cultural and entertainment venues, including the Wharton Center for Performing Arts and the Lansing City Market.

Educational Institutions

In addition to local schools, Elmwood Farm residents have access to several higher education institutions in the Lansing area. Michigan State University, located in East Lansing, is one of the top universities in the country, offering a wide range of academic programs and cultural events. Lansing Community College provides additional educational opportunities, with campuses and learning centers throughout the city.

Market Trends and Future Outlook

The real estate market in Elmwood Farm is showing positive trends, making it an attractive option for buyers and investors. Over the past few years, home values in the neighborhood have steadily increased. The estimated sale price for homes in Elmwood Farm currently ranges from $307,000 to $365,000. This upward trend indicates a stable and growing market, which is encouraging for potential buyers looking for a solid investment.

Increasing Property Values

Property values in Elmwood Farm have been on the rise, with many homes appreciating significantly over the last decade. This increase can be attributed to the neighborhood's desirable location, quality of homes, and community amenities. As demand for homes in Elmwood Farm continues to grow, property values are expected to maintain their upward trajectory.

Future Developments

Future developments in and around Elmwood Farm are likely to further boost the neighborhood's appeal. Planned infrastructure improvements and new amenities will enhance the quality of life for residents. These developments, coupled with the area's existing strengths, suggest a bright future for Elmwood Farm's real estate market.

Environmental and Climate Considerations

When considering a home in Elmwood Farm, it's important to be aware of the environmental and climate factors that may affect the area. While the neighborhood is generally safe from severe weather, there are some climate risks to keep in mind, such as potential flooding and heat risks during the summer months.

Flood Risk

Elmwood Farm has a moderate flood risk, particularly in low-lying areas. It's advisable for homeowners to review flood maps and consider flood insurance to protect their properties. Local authorities are working on improving drainage systems to mitigate this risk.

Heat Risk

During the summer, Elmwood Farm can experience high temperatures. Homeowners can combat this by ensuring their homes are equipped with efficient cooling systems and by utilizing landscaping techniques that provide shade and reduce heat absorption.

Environmental Initiatives

The community is proactive in addressing environmental concerns, with initiatives aimed at promoting sustainability and reducing carbon footprints. Programs such as tree planting and recycling drives help maintain the neighborhood's green and eco-friendly environment.

Elmwood Farm in Lansing, MI, offers a charming and vibrant community with diverse architectural styles, modern amenities, and a strong sense of community. With home prices ranging from $250,000 to $400,000, the neighborhood provides affordable options for families and individuals alike. The Waverly Community Schools serve the area, ensuring quality education for children. Proximity to major highways, shopping centers, and recreational facilities makes Elmwood Farm an ideal place to live. The positive market trends and future developments suggest a bright outlook for this desirable neighborhood.