81 Kimberly Drive, Manchester

81 Kimberly, Manchester

Thoughtful updates and pride of ownership are on display with this 4-bedroom, 2.5-bathroom colonial, located in one of Manchester’s most popular neighborhoods. The first floor layout is perfect for today’s lifestyle. The formal living and dining rooms accommodate traditional entertaining needs. An expansive, fully renovated kitchen provides abundant cabinet storage and workspace, as well as a generous eat-in space. It features cherry cabinets, Corian counters, a tile backsplash and floors, and sliders to the backyard.

House Hacking in Central Connecticut

2020-01-21 House Hacking

I recently became aware of the term “House Hacking.” For those that don’t know, the term describes a strategy for becoming a property owner without following the traditional path of buying a single dwelling unit in which to live solo. The underlying idea is that the house (or condo, or multi-family building) is an asset that can generate income. There are various potential income strategies, allowing the house hacker the flexibility to find an approach

Hartford County Condo Sales in 2019

2020-01-16 Condo Transactions in 2019

Condominiums are an important segment of the Hartford County real estate market, representing about 19% of the total residential sales (single-family, condo, and multi-family) during 2019. They offer a different mix of features and benefits than the other property types, and are usually available at a lower price point. Last year there were 2,220 condominium deals according to the SmartMLS. The total was in line with the result of the past three years. It represents

2019 Hartford County Single-Family Sales

2020-01-19 Hartford County Single Family Sales

Hartford County finished 2019 with a single-family sales count in the mid-8,000s for the fourth year in a row. Data from SmartMLS shows that this was a similar activity level to the very early 2000s. A key difference from the early 2000s is that the extended period of strong sales activity has not resulted in nearly the same amount of price appreciation. The County’s median sales price increased by nearly 9% between 2015 and 2019,

December Contracts: An Impressive Finish

2020-01-03 Hartford County Single Family Contracts in December 2019

The 2019 real estate market finished with a strong December, and with 3% more contracts overall than 2018. The full year total was the highest we have recorded (since 2009), though within a few percent of the final tally from each of 2016-2019. Price band data suggested increasing home values at price points below $300,000. Evidence included a year-over-year 17% decline in the number of contracts for properties asking less than $100,000, no change to