View from Riverfront Park
News and views about real estate in Greater Hartford

Archive for the 'West Hartford' Category

Biking to Work

It would be great to be able to bike to work. Amy almost had to do it on marathon day because of road closures, but we found an open route from our house to the office so it was unnecessary. That’s the most recent time it’s come up, but by no means the only time. We know lots of people in the area who use their bikes for transportation, so this isn’t breaking new ground or doing something dramatic and radical.

Bike to Work in Real EstateBasically, it comes down to the old Nike tagline – “Just Do It.” Making excuses is easy, here’s a sample. I don’t want to get all sweaty since I’m meeting clients. My bike’s chain is exposed and tends to get grease on me and my clothes. My showings are in distant towns, or there are long distances between homes. I don’t have a good way to carry my stuff. My house doesn’t have a garage, so I have to haul my bike out of the basement each time I ride. I could go on all day.

Rather than focusing on why I can’t ride a bike to sell real estate, I’m going to start focusing on opportunities when it is possible. And it’s not always going to be possible. I’m not going to ride in bad weather. I’m not going to ride long distances. I’m probably not going to be riding on weekend days in the spring when we’re busiest.

I’m going to start small, and I’m going to start today. I’m writing this on a Tuesday in October. It’s a relatively slow day, so I’m going to go on broker’s tour on my bike. There are only a few houses I need to see, and they’re all in Hartford and West Hartford, so it’s manageable. Moderate distance, no time constraints, no client interaction. Just do it.

We’ll see how it goes…

Revaluation Countdown

Are you in a Revaluation 2011 town? If so, then it’s just about time for the new fair market values to be distributed. Have you been checking your mailbox daily? Exciting, right?!? What’s the number going to be … how much is your home worth as of October 2011? There a good chance it will be a lower number than from the 2006 revaluation. Which is sad, but that’s the reality these days.

Constitution Plaza in Hartford

So the question is how much has your (and my) market value decreased versus the rest of the property in town. Properties that decrease more than average are actually the “winners” in this competition. Sure, you’ve lost more value, but your share of the town’s expenses (paid through property taxes) decreases. Owners of properties that weathered the weak real estate market better than average are rewarded with more of the tax burden. Note that it’s unlikely anyone’s taxes will go down a meaningful amount.

Both Hartford and West Hartford are doing a 2011 revaluation with interesting complications. For Hartford, residential owners are protected from the full tax burden by split assessment ratios. The new rules were passed by the State Legislature this spring, and have recently been revised every five years. Please see our Hartford Property Taxes page for more information. The main unknown in Hartford is the starting point for the coming five year cycle, which will be determined by how far the commercial market values fell relative to the residential market values.

West Hartford has a more subtle issue to address. By 2006, property values had increased dramatically from the previous revaluation. The town initially implemented a phase-in to cushion the blow for homeowners who were most impacted, giving everyone an equal assessment step up in the first year and then spreading the remaining assessment increase over four years. West Hartford then reversed course after the second year and froze the phase-in until this year. Prices have come down since 2006, one of the key arguments in favor of the freeze, so it will be interesting to see if the problem has fixed itself or if further intervention will be required. Back in May we did a 2 part piece on West Hartford’s upcoming revaluation (Part 1 and Part 2).

Market values for all towns participating in a revaluation are as of October 1, 2011, so homeowners should be receiving their updated numbers in the near future. Both the Hartford and West Hartford Assessor’s offices report that they are planning to send them out in the second half of November. Once those letters are in hand, we’ll head directly into the “informal hearings” portion of the process, where owners can challenge their new values.

This is exciting stuff for real estate dorks like us, so you’ll no doubt be subjected to the gory details over the coming months … stay tuned!

Marathon Parties

Marathon Parties are one of my favorite types of parties to throw and attend. When we first moved to Hartford, mile 24 of the full marathon passed right by our home. We invited friends over and had a blast yelling and making noise to support the runners for a few hours that morning.

Marathon Party - Enjoy a Morning Watching People Run

Sadly, race organizers changed the route. The runners were apparently dissatisfied with the course passing the finish line at mile 20 (too demoralizing) and weaving through the West End (prefer longer straightaways) among other things. So we adapted our marathon weekend celebration to include participating in the half-marathon.

Last year the route for the half marathon was changed again, separating it from the full marathon. There are now more opportunities than ever for homeowners to throw a marathon party – check out the current routes for the full and half to see if anyone you know lives along a route.

Marathon organizers made an effort to reach out to residents along the route this year. This year’s slogan seems to be the ever popular “More Cowbell!” so they passed out little cowbells door-to-door. They have also put up lots of signs at intersections so residents will hopefully be prepared for the traffic impact of closing roads.

Hopefully if you live on the route you know that this coming Saturday morning (October 15, 2011) is going to be more exciting than most. Now it’s time to take the next step – invite some friends and have a party! And even if you don’t live on the route, there’s nothing wrong with encouraging friends who do to throw a party. Think of it like a tailgate if you like. Some would argue that it’s a little early for beer and smoked meat, but they would be wrong.

18 Thomson Road, West Hartford

This move-in condition Colonial is in a great West Hartford Center location, a quick walk from all of the shops and restaurants in the Center and Blue Back Square.

18 Thomson Road, West Hartford

The formal living room is a nice size and has a wood burning fireplace and bay window. It opens to a sunroom in the rear overlooking the level yard. The dining room features wainscoting and connects to a kitchen with eat-in
space. There is an updated half bathroom on the first floor and finished space in the basement.

Upstairs you’ll find a large master bedroom, two additional bedrooms, an updated full bathroom, and walk-up attic space. Outside there is a 16×21 deck that flows right into an open yard that offers plenty of space to play, relax or garden. Park your car in the 1-car garage. The home features central air, and newer furnace, roof, windows, driveway, chimney, and electrical.

18 Thomson Road is offered at $329,000. If you’d like to see this home, please have your agent arrange a showing or call me at 860-655-2922 to schedule a visit. More details are available.

Celebrate West Hartford 2011

Gather ’round everyone, it’s once again time to “Celebrate! West Hartford.

Ride the Gravitron at Celebrate West Hartford 2011

This year’s festival marks the 25th anniversary of the event and will be held on June 11th and 12th, 2011 on the Town Hall property in the Center. It will have all the usual attractions, including craft booths, rides, food carts, petting zoo, booths for local businesses/organizations, and a trolley. Saturday’s musical entertainment looks to be high school jazz bands, while Sunday has a slate of 3 bands each playing a 2 hour set. Check out the complete schedule of events for more details.

If you can break away from the fun, we’ll be hosting two open houses on Sunday afternoon where we promise to NOT have live music. 83 Kenyon Street in Hartford, and 97 Lancaster Road in Glastonbury will both be open from 1:00 to 3:00.

« Previous Entries

Next Entries »