A historic four-bedroom Dutch Colonial Revival home in Grand Rapids, Michigan, has entered the market with an asking price of $595,000. The property, built in 1900, offers a glimpse into the value available in the city's housing market, blending historical architecture with modern community amenities.
This specific listing highlights a broader trend in Midwest real estate, where buyers can often find more space and character for their money compared to coastal metropolitan areas. For just under $600,000, this property includes three bathrooms and sits on a 0.1-acre lot, providing a tangible example of the city's current market conditions.
Key Takeaways
- A 1900-built Dutch Colonial Revival home in Grand Rapids is listed for $595,000.
- The property features four bedrooms, three bathrooms, and is located near parks and local businesses.
- The listing serves as a case study for the value proposition in the Grand Rapids housing market.
- Midwestern cities are increasingly attracting buyers seeking affordability and quality of life.
A Closer Look at the Property
The home in question is a prime example of early 20th-century architecture. Located directly across from a park, it offers a blend of residential tranquility and urban accessibility. The structure's Dutch Colonial Revival style is a significant draw for those interested in historic homes.
Inside, the layout includes four bedrooms and three full bathrooms, a generous configuration for families or individuals needing home office space. While specific interior details are part of the listing, the overall package points to a well-maintained historic property ready for a modern owner.
The location is a key selling point. Residents are within walking distance of numerous local amenities, including an ice cream shop, a tavern, and a diverse selection of restaurants. The proximity to a farmer’s market further enhances its appeal for those who value community and local sourcing.
Community and Accessibility
Beyond its immediate neighborhood, the property is well-positioned within the city. It is a 10-minute drive from the Grand Rapids Art Museum and the city's redeveloped riverfront area, placing cultural and recreational activities within easy reach.
The home's location also offers strong regional connectivity. Major Michigan cities are accessible by car, with Lansing approximately 80 minutes away. Ann Arbor is about a two-and-a-half-hour drive, and Detroit can be reached in under three hours, making it a viable home base for those who travel within the state for work or leisure.
Property at a Glance
- Price: $595,000
- Year Built: 1900
- Style: Dutch Colonial Revival
- Bedrooms: 4
- Bathrooms: 3
- Lot Size: 0.1 acres
The Grand Rapids Housing Market Context
The listing price of $595,000 for this home sits above the median home price in Grand Rapids, suggesting it is a premium property for the area. However, when compared to the national real estate landscape, it represents significant value. The ability to purchase a large, historic home in a walkable neighborhood for under $600,000 is a compelling proposition that is difficult to find in many other U.S. cities.
Grand Rapids has been noted for its steady economic growth and quality of life. The city has a diverse economy with strengths in healthcare, manufacturing, and design, which supports a stable housing market. This economic foundation has attracted new residents, leading to a competitive but still relatively affordable real estate environment.
Homes with unique architectural character, like this Dutch Colonial, often command higher prices. They appeal to a specific segment of buyers who are willing to pay a premium for history and craftsmanship that cannot be replicated in new construction.
Understanding the Midwest Value Proposition
For years, real estate discussions have been dominated by the high costs in coastal cities like New York, San Francisco, and Los Angeles. However, the rise of remote work and a renewed focus on work-life balance have shifted attention to mid-sized cities in the Midwest. These areas often provide a lower cost of living, less traffic, and greater access to space and nature without sacrificing urban amenities.
Comparing Costs Nationally
To fully appreciate the value offered by this Grand Rapids home, it is useful to consider what a similar budget would afford in other parts of the country. In major coastal markets, a $600,000 budget would likely purchase a small condominium or a fixer-upper in a less desirable location. A single-family home of this size and vintage would be priced significantly higher, often in the millions.
The ability to acquire a piece of history with ample living space for this price point is a defining feature of markets like Grand Rapids.
Even in other fast-growing cities in the South or Mountain West, finding a four-bedroom home with historical significance under $600,000 is becoming increasingly challenging. This positions cities like Grand Rapids as attractive alternatives for buyers who feel priced out of other markets.
Factors Driving Market Attractiveness
Several factors contribute to the appeal of Grand Rapids real estate:
- Affordability: While prices are rising, the overall cost of housing remains well below the national average.
- Economic Stability: A diverse job market provides a solid foundation for long-term growth and stable property values.
- Quality of Life: The city offers a mix of urban culture, outdoor recreation, and family-friendly communities.
- Architectural Diversity: The housing stock includes a wide range of styles, from historic homes to modern new builds.
For potential buyers, this combination of factors makes Grand Rapids a market worth considering. The $595,000 Dutch Colonial is not just a house for sale; it is an indicator of the lifestyle and value that can be found in this part of Michigan.
