Tag Archive | keller williams realty

Northwestern Vermont Real Estate Market Update – November 9, 2015

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Chittenden County
Active: 814
List Price Sale Price SP/LP DOM
Avg $443,622 159
Median $366,700 116
Active YTD 2014: 929
List Price Sale Price SP/LP DOM
Avg $294,668 84
Median $261,750
Pending: 211
List Price Sale Price SP/LP DOM
Avg $329,722 86
Median $289,900 46
Closed YTD: 1,701
List Price Sale Price SP/LP DOM
Avg $304,760 $298,005 0.9778350177 78
Median $272,250 $268,662 0.9868209366 34
2014 Closed YTD: 1,468
List Price Sale Price SP/LP DOM
Avg $301,423 $294,986 0.978644629 78
Median $265,000 $262,000 0.9886792453 38
Multi-Family
Active 56
Pending 13
Land
Active 170
Pending 14
Franklin County
Active: 496
List Price Sale Price SP/LP DOM
Avg $241,501 183
Median $224,900 131
Pending: 54
List Price Sale Price SP/LP DOM
Avg $191,478 118
Median $177,000 88
Closed YTD: 444
List Price Sale Price SP/LP DOM
Avg $199,999 $194,598 0.972994865 119
Median $195,414 $190,000 0.9722947179 58
2014 Closed YTD: 426
List Price Sale Price SP/LP DOM
Avg $201,828 $195,038 0.9663574925 123
Median $189,000 $185,000 0.9788359788 76
Multi-Family
Active 24
Pending 2
Land
Active 144
Pending 8
Grand Isle County
Active: 179
List Price Sale Price SP/LP DOM
Avg $396,960 221
Median $265,000 152
Pending: 18
List Price Sale Price SP/LP DOM
Avg $245,297 173
Median $207,450 106
Closed YTD: 108
List Price Sale Price SP/LP DOM
Avg $274,414 $259,476 0.9455640018 173
Median $213,000 $199,950 0.9387323944 102
2014 Closed YTD: 92
List Price Sale Price SP/LP DOM
Avg $304,401 $284,661 0.93515133 183
Median $244,900 $238,950 0.9757043691 130
Multi-Family
Active 2
Pending 0
Land
Active 85
Pending 3
Addison County
Active: 341
List Price Sale Price SP/LP DOM
Avg $375,208 226
Median $272,500 154
Pending: 41
List Price Sale Price SP/LP DOM
Avg $245,185 131
Median $249,000 79
Closed YTD: 292
List Price Sale Price SP/LP DOM
Avg $258,343 $245,929 0.9519476045 158
Median $234,950 $219,500 0.9342413279 72
2014 Closed YTD: 285
List Price Sale Price SP/LP DOM
Avg $248,299 $234,767 0.9455011901 155
Median $224,900 $214,000 0.9515340151 76
Multi-Family
Active 11
Pending 3
Land
Active 163
Pending 11

New Home Construction Quality Check

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Worried about the construction quality of your new home? You don’t have to because there visible signs which you only need to check to determine the construction quality of the project and as homebuyers, you must be aware of the signs and loopholes of any residential project before buying your new home.

The simplest thing that you can do is to go on field visits to the project site, talk to brokers, do online research, or consult an architect to safeguard any structural defects.

It is important to observe any cracks in the building as it is a sign of a weak foundation.  Even minor cracks in the walls reflect the substandard quality of materials used for construction. You can also check the quality of the concrete mix used in the construction by driving a nail into the walls since the strength of the concrete mix or the grade of concrete and concrete-sand ratio are crucial.  Also, look out for the quality of paint on the walls.  In addition to enhancing visual appeal, good paint on the walls and wooden surfaces prolongs their life. Cheap paint, on the other hand, results in poor finishing and reduces durability. This also means that walls might need to be painted again quickly.

Another thing is to make sure that the kitchen and bathroom fixtures are in good condition and that the floor of the bathroom are even.  Tiles used in the bathroom and kitchen are a good indicator of the overall quality of construction.  Doors should not make a creaking noise while opening, and keep an eye on door handles, electrical fittings and window latches.

Most of the time, homebuyers neglect to see the small details of a home not knowing that these minute details are the indicators of the construction quality.  Take time to check these if you want your new home to last a lifetime.

 

Northwestern Vermont Real Estate Market Update – October 5, 2015

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Chittenden County
Active: 886
List Price Sale Price SP/LP DOM
Avg $447,516 144
Median $368,500 101
Active YTD 2014: 1,010
List Price Sale Price SP/LP DOM
Avg $294,342 86
Median $262,500
Pending: 230
List Price Sale Price SP/LP DOM
Avg $301,688 87
Median $269,950 45
Closed YTD: 1,509
List Price Sale Price SP/LP DOM
Avg $306,389 $300,620 0.981170995 80
Median $272,750 $269,900 0.9895508708 34
2014 Closed YTD: 1,296
List Price Sale Price SP/LP DOM
Avg $300,262 $294,032 0.9792514537 78
Median $265,000 $262,425 0.9902830189 35
Multi-Family
Active 56
Pending 15
Land
Active 171
Pending 10
Franklin County
Active: 540
List Price Sale Price SP/LP DOM
Avg $245,335 166
Median $223,500 110
Pending: 55
List Price Sale Price SP/LP DOM
Avg $202,341 109
Median $189,900 91
Closed YTD: 393
List Price Sale Price SP/LP DOM
Avg $199,099 $193,760 0.9731841948 118
Median $196,900 $192,000 0.9751142712 54
2014 Closed YTD: 379
List Price Sale Price SP/LP DOM
Avg $205,233 $198,592 0.9676416561 119
Median $189,900 $186,000 0.9794628752 70
Multi-Family
Active 24
Pending 1
Land
Active 152
Pending 6
Grand Isle County
Active: 206
List Price Sale Price SP/LP DOM
Avg $386,311 203
Median $276,950 132
Pending: 16
List Price Sale Price SP/LP DOM
Avg $308,053 173
Median $238,475 106
Closed YTD: 96
List Price Sale Price SP/LP DOM
Avg $258,658 $244,278 0.9444053538 173
Median $199,900 $184,050 0.9207103552 101
2014 Closed YTD: 84
List Price Sale Price SP/LP DOM
Avg $290,894 $271,599 0.9336699966 187
Median $238,950 $234,000 0.9792843691 122
Multi-Family
Active 4
Pending 0
Land
Active 84
Pending 2
Addison County
Active: 353
List Price Sale Price SP/LP DOM
Avg $371,396 208
Median $280,000 131
Pending: 42
List Price Sale Price SP/LP DOM
Avg $235,533 141
Median $237,000 62
Closed YTD: 260
List Price Sale Price SP/LP DOM
Avg $258,553 $245,471 0.9494030238 158
Median $229,250 $215,000 0.9378407852 78
2014 Closed YTD: 231
List Price Sale Price SP/LP DOM
Avg $250,672 $237,496 0.9474372886 153
Median $219,000 $208,500 0.9520547945 72
Multi-Family
Active 11
Pending 1
Land
Active 174
Pending 12
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