There’s plenty to love about East Grand Rapids, from its calm small-town energy to its great outdoor areas and strong education system for families. However, knowing where to start can be difficult if you aren’t familiar with the town. Follow this complete home-buying guide for East Grand Rapids when you start your home search. But first, here’s what you need to know to enter the real estate market as a buyer.
The Grand Rapids area is experiencing a slowdown in the local market, with the number of total closed sales down 8.8% since last year. Although the number of sales in the area is decreasing, so are the number of new listings and months of inventory, at 0.7 months. This likely keeps prices for East Grand Rapids real estate high, as the median home price has increased 28.6% since last year. With this in mind, here’s what to know about East Grand Rapids.
Overview of East Grand Rapids
Today, residents living in this area love it for its nearby location next to downtown Grand Rapids, as well as its public transportation system that gets people where they need to be. Families appreciate this town’s award-winning school district, acknowledged for its academics and sports. The neighborhoods are friendly, while the small town has a strong sense of community despite being within a large metropolitan area.
Buyers searching for homes for sale in East Grand Rapids will undoubtedly notice the natural beauty of the town. Snow or shine, residents can walk along the sidewalks and enjoy the landscaping and architecture of the town. Enjoy the nature views from your backyard or visit one of the many green spaces and parks within East Grand Rapids.
Parks and trails
Another popular trail in this town is Reeds Lake Trail, which spans 4.2 miles. Residents running, cycling, or walking the trail traverse through wetlands, wooded areas, and residential spaces. Reeds Lake itself is a popular outdoor recreation spot, spanning 283 acres and reaching 52 feet deep. Visitors can spend a day on the water swimming, boating, fishing, kayaking, and canoeing. Open year-round, residents can even ice fish during winter.
Shoppers in Gaslight Village can stop by places like Athleta and Hoffman Jewelers, as well as local upscale consignment shops like Rosa’s Closet, perfect for buying unique dresses or bags that can’t be found anywhere else. Sign up for a class at Eau Dance for an energizing workout or private training, then sit and dine at Olive’s Restaurant and Bar for upscale, seasonal food and classic cocktails.
Partner with an agent
For a smooth home buying process, partner with East Grand Rapids real estate agent Cheryl Grant. She knows the market trends in the area and has broader access to home listings in the town, ensuring that you find a property you love. With this information, she can help you time and price your offer correctly. Additionally, she’ll be your advocate during negotiations, ensuring that your goals and needs are taken care of while securing a good deal.
If you plan on using a mortgage to finance your home, get preapproved before starting your home search. Having preapproval for a mortgage can help you narrow down your search, as it tells you how much you’ll get approved for. Additionally, it helps strengthen an offer you make, as sellers can see you’re able to commit to your offer price. Take your time finding the right lender and loan type for your purchase.
Start your search
Once you have professional help and know how you’re financing your East Grand Rapids real estate, start your search. Consider aspects of the property itself, such as its size, its condition, how many bedrooms it has, and outdoor spaces like a front porch or backyard. Then, consider the surrounding location, like the neighborhood you’re in, if it has an HOA, the amenities and services nearby, and the commute to jobs or schools if you work or have children. From there, you can choose to keep searching or close on a house that meets your requirements.