Lansing Real Estate


If you’re new to the blog and not yet aware – I love, love, love homes built in the 1920s. 

So, I’m sorry if I go on about them too much, but there are some beauties available right now in the Westside Neighborhood and I wouldn’t feel right if I failed to mention them. 

You don’t see homes like these three on the market very often. 

Now the homes I’m about to show you are on the higher end of the price range.  Most of the homes in the neighborhood are a little smaller and sell in the mid 100s.  These three are some of the beauties of the neighborhood and I’m surprised that they’re all available at the same time.  Even in a slower buyer’s market I don’t expect them to be available for long. (more…)

Yesterday Matt Bowler, the current President of the Greater Lansing Association of Realtors published a list of reasons why there is “Good News” for Greater Lansing.

Some reasons that made the list:

  • 94% of the work force in Lansing is working!
  • Lansing is the only region in the world with two new auto plants!
  • Sparrow Health Systems is growing and building at a record pace!
  • Ingham Regional is constructing a state-of-the-art Heart Center!
  • Cooley Law School is the largest law school in the country!

The list goes on and Matt is right, the Lansing area is growing and good things are happening. 

An item on Matt’s list that pertains to this blog, “The largest selection of homes in years is a major benefit for the buyers.”  INNW?

Currently in Lansing there are 1,583 homes for sale under $200,000.  That’s a lot to choose from.  Lately I’ve been working with several 1st time buyer’s looking for homes in the $100,000 to $125,000 price range.  In that price range there are 371 homes for sale in Lansing.  With all these homes to choose from there is something for everyone. 

Here are a few examples of what you can buy in Lansing for about $125,000 (click on the picture to find more details on each home):

2427-washington.jpg 2315-devonshire.jpg 2307-chatham.jpg 109-lincoln.jpg 1906-holly-way.jpg

calendar.jpgA few days ago someone found my blog by using the search phrase “when is the best month to buy Lansing real estate?”  I’ve been thinking about the answer to that question so I’ll take a stab at it…

I think the best month to buy real estate is any month when you’re ready.  I could argue that summer months are best to buy because there is typically a high inventory of homes on the market in the summer.  I could argue that winter months are the best to buy because sellers desperate enough to try and sell over the holidays might take low-ball offers.  I could argue fall months are the best time to buy because everyone else is busy watching MSU football…

All joking aside, any month of the year is a good time to buy in this market.  In Lansing we’re experiencing a buyers market.  So as a buyer as long as you have a competent real estate professional researching prices and negotiating for you, you’ll be able to get a very good deal no matter the date on the calendar.

This is the first post in what will someday be a snazzy resource for buyers looking to research all the different neighborhoods in Lansing.  Each Friday I’ll give you the dirt on a new neighborhood in the Greater Lansing area. 

My plan is to start by reviewing neighborhoods with housing options in a typical first-time buyer’s price range – $150,000 and below. 

My first target is Lansing’s Colonial Village Neighborhood.  Colonial Village sits in south Lansing and is bounded by Mt. Hope Ave. on the north, MLK on the east, Holmes Rd. on the south and Pleasant Grove on the west.  Colonial Village has a very active neighborhood association.  On top of their other duties, the CVNA provides residents with an annual garage sale, neighborhood picnic and holiday lighting contest.

The neighborhood boasts two parks, Holly Park & Elmhurst Park and has easy access to schools, shopping and the freeway.  This neighborhood appeals to a wide variety of buyers.  You’ll find retirees, newlyweds, families and singles all living in Colonial Village.

Typical homes in Colonial Village are between 900 and 1500 sq ft.  Many of the homes are cape cods, but there are also ranches and some larger two-story homes.  The homes were built anywhere from 1930 through the 1970s.  From the exterior, most of the homes in the neighborhood are well-maintained.  The residents here seem to take pride in keeping their homes looking good and keeping their neighboorhood neat.  Residents volunteer to plant flowers in the public spaces throughout the neighborhood.  Regular speed bumps keep the already light traffic moving slow. 

Right now there are 56 homes for sale in Colonial Village with listing prices from $80,500 to $154,900.  5 homes have sold in the past 30 days.  Here are the details on some of the recent sales in the neighborhood.

2116-quentin.jpg2116 Quentin Ave.
Sale Price: $130,000
Sq Ft.: 1,400
Beds: 3  Baths: 1.5
Days on Market: 98

1628-victor.jpg1628 Victor Ave.
Sale Price: $124,500
Sq. Ft.: 1,179
Beds: 3  Baths: 1.5
Days on Market: 37

1821-rundle.jpg1821 W. Rundle Ave.
Sale Price: $115,500
Sq. Ft.: 816
Beds: 2  Baths: 1
Days on Market: 28

I’ve said it before, but Colonial Village is one of my favorite Lansing neighborhoods, especially for first-time buyers.  If you live in Colonial Village or if you’re a buyer who passed on the neighborhood I’d love to hear your thoughts.

If you’re a Lansing homeowner check out the LSJ for an update on when and where your next Lansing neighborhood association meeting is happening.

Neighborhood News Briefs

Even if you’re not a Lansing homeowner you can check out the brief for news on upcoming events like the farmer’s market, concerts in the park and more.

I’m a sucker for homes built in the 1920s and so are a lot of my clients.  Who can resit hardwood floors, built-ins and all the rest of the charm and character that comes with a house from that era?  Not me.

I get contacted often by first-time buyers who would kill for a historic home in East Lansing’s Chesterfield, Bailey, or Glencairn neighborhoods.  Then they tell me they’re pre-approved for a $150,000 mortgage.  Whoa, $150,000 isn’t going to get them very far in East Lansing.  But they shouldn’t despair, there are options for historic home lovers on a first-time buyers budget.

Lansing is full of neighborhoods built in the 1920s.  I know, Lansing isn’t East Lansing, but there are some great neighborhoods.  My favorite historic Lansing neighborhood is the Westside Neighborhood.  The basic outline of the neighboorhood is south of Michigan Ave., west of MLK, north of I-496 and east of Verlinden Ave./St. Joseph Park.  If you’ve never been over there take a drive through.  The neighborhood isn’t officially recognized as a historic district, but owners have taken the responsibility upon themselves to maintain the character and integrity of their homes. 

Can you tell which of these homes are in East Lansing and which are in Lansing’s Westside Neighborhood?

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Check the comments to see if your answers are right.

It’s summer and weekends are busy with family reunions, trips to the lake, camping, etc…  so my agency has started offering Wednesday afternoon Open Houses again to make sure our listings are 2724 Trudy #10available to potential buyers who might want to spend their Sunday’s doing something besides looking at houses.  I’ll be hosting an Open House today from 4:00-6:00 at a great condo I have listed. 

2724 Trudy Lane #10
Lansing, MI 48910
Tammany Hills Condos
$128,900

Open House: Wednesday, 6/20 from 4:00-6:00 PM

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