Right now, many sellers are finding that they’re not exactly getting what they thought they would when they try to sell their homes. In some cases, sellers are deciding to forego an immediate sale at a price they find less than palatable, and instead focus on renting their homes, as they try to wait out the market. Renting isn’t always the optimal choice for a seller because it doesn’t free up liquidity if they need
I recently listed this move-in condition Victorian located at 83 Kenyon Street in the West End of Hartford. The architect was William H. Scoville, a popular designer for the time period, the early 1900’s. The home is located in the Noah Webster Magnet School elementary district. It offers 2,555 square feet, 4 bedrooms, and 2.2 baths. Spend some time relaxing on the inviting front porch or spacious backyard. This home is located on the first
Another month has ended, so it’s time for real estate statistics in the Greater Hartford area. The data you see here is a result of houses that mostly went under contract in August, September and maybe early October. The sentiment among the majority of Realtors right now is that the market is very slow. There is a lot of uncertainty with the economy and the election. Hopefully after today, Buyers will have one less thing
There are various ways agents arrive at a recommended listing price range for sellers. One check we will typically use is the Average Sales Price per Square Foot for the specific town (or even specific neighborhood within a town). Here’s a chart of towns in the Hartford area and the Average Sales Price per Square Foot for the last two years… A couple of thoughts about this data… 1. Keep in mind that smaller houses
I often have people ask me, “What does 1.1 baths mean?†One point one baths means that the house has one full bathroom and one half-bathroom. Technically a full bath is supposed to have a tub, toilet and sink, while a half bath only has a toilet and sink. “Then what does 1.5 baths mean?†One point five baths also means that the house has one full bathroom and one half-bathroom. Agents do this funny