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Market Conditions in Vermont : Real Estate Advice

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  • Local Info4
  • Home Buying11
  • Home Selling6
  • Market Conditions2

Activity 30
Thu Jul 24, 2014
Mark Duchaine answered:
It would really depend on the condition of the property. What part of Burlington. The age.

So what I'm saying is I can give you an answer but I don't think the answer will help you as stated. What I would look into is a more specific set of parameters. Such as average price per square foot in this neighborhood and built in such and such year. Because an 1900s house and a 2000s house will give a lot different results. ... more
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Tue May 27, 2014
Terry Thompson asked:
For example, are home and commercial real estate values increasing? Retail sales increasing or declining? Thank you.
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Tue May 27, 2014
Terry Thompson asked:
For example, are home and commercial real estate values increasing? Retail sales increasing or declining? Thank you.
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Sat Mar 29, 2014
PAULAVI79 asked:
This question was asked from http://www.trulia.com/property/3149035212-5077-Vt-Route-14-East-Calais-VT-05650
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Mon Feb 10, 2014
W. Smith asked:
This question was asked from http://www.trulia.com/property/1053835776-3192-Barton-Rd-Albany-VT-05820
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Mon Dec 30, 2013
Philip Raices asked:
This question was asked from http://www.trulia.com/property/3137119253-171-Southview-Pa-Killington-VT-05751
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Sat Nov 9, 2013
Susan Bishop answered:
As Marlene and Rick have stated, there aren't any newer homes built in Rutland City fitting your description/request. There are many options in Rutland County in various styles and locales. One that might be of interest and certainly offers similar qualities to 57 Temple would be mls#4237315 listed at 499900 and located in Rutland Town. If I can help further, you can reach me at sue.bishop@lmsre.com or 802 558-2180.
Sue Bishop
Lang McLaughry Real Estate
... more
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Sat Aug 31, 2013
jwjack007 asked:
This question was asked from http://www.trulia.com/property/3125232797-205-Division-St-Bennington-VT-05201
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Wed Aug 7, 2013
Lawrence Zupan answered:
Hi Markdan,
While there is a good supply,
prices, like mortgage rates have bounced off the bottom. For the first time in five years, I can look my clients and customers on the eye, and tell them that the clear bias for the next year is a clear uptrend, in my opinion. Please feel free to call me to discuss... 802 366-0110. Lawrence Zupan, Broker ... more
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Tue Jun 25, 2013
lehstarfox asked:
This question was asked from http://www.trulia.com/property/3117717590-J3-Stonehedge-Dr-South-Burlington-VT-05403
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Wed Apr 17, 2013
Gail Graves-Beardmore answered:
The market in our area has declined in the past 4 years. Value declines vary, but average about 20%. Looking at a more recent picture, we are seeing single-family, primary home median prices for the past four months have been up about 2% from a year aga, whle the single-family vacation home price is up about 5%.
Do you own property in Plymouth?
... more
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Thu Apr 11, 2013
k_reith answered:
We recently sold a home and I am completing my taxes. It was a rental from May 2009 through June 2012. The tax program is calculating depreciation based on Fairmarket value or the basis, whichever is less. I was hoping for a rough number, so I can determine if the basis or Fairmarket value was less. ... more
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Sun Feb 10, 2013
Celina Barton answered:
Since Norwich, Hanover and Lyme share the same school system it is important to look at trends across state lines. Since 2000 the Norwich and Hanover real estate market has benefited from an increase in aggregate population and number of households with a gradually declining average age as more and more families move to the area. Price increases were setback by the financial crisis, but the overall trend has been investment in the housing stock. You will see price improvement if you run the numbers for square footage. ... more
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Sat Dec 8, 2012
Jacki Murano answered:
If you are looking into the southern Vermont area make sure to take a look in the Mount Snow area. There is a great community here and the outdoor activities are year round(lakes and skiing) so its a great place for a family. Wilmington is only about 15 miles from Bennington so its a quick commute. ... more
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Wed Oct 17, 2012
Susan Gulrajani answered:
Contact me for my comprehensive market report with coverage in all of Chittenden County.
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Tue Jul 31, 2012
RICK JOHN answered:
Bill you can go to nneren.com and look up all sold properties by town etc. Not many details but might be enough. You can also go to trulia.com or zillow.com and get the info. The town records will have more info if you need/want it. If you want some assistance, without any agenda, I offer consulting to sellers and buyers, but do not do brokerage. I was licensed broker in VT for 27 years. thanks Rick John, rjohnco.com ... more
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Tue Jun 12, 2012
RICK JOHN answered:
What is the 0020? When valuing property you must consider the individual property with all its pluses and minuses and compare it to recent similar properties that have sold. It is not easy in Brattleboro because there are not many commercial sales. contact me for more at 800.627.2484 or info@rjohnco.com. Rick John, former commercial real estate broker, now consulting. ... more
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Thu Jun 7, 2012
Tonya Cher answered:
Good morning,

Investing in real estate is almost never a bad idea, but you have to do your homework or work with a buyer's agent who is versed in the market in which you are considering a purchase. Barre has always been an industrial city and as such, appreciation of property value is not as high as other areas, like Montpelier for instance. You can, however get a great value on property in Barre that you also cannot find in other areas.

When considering any investment, you should set our your ideals (i.e., amount you're looking to invest, the rate of return you're expecting and what your expectation is for the long-run with the property) and once you find a property that meets your specifications or close thereto, assess for yourself and with your agent if there are other factors that may make you not want to purchase the property.

Regarding your safety concern, crime is everywhere but in VT we see so little of it compared to more urban areas that when something does happen it's more pronounced in the media. A review of the area's crime statistics, input from your agent and people you know in the area and even talking to local law enforcement are all things you can do to help ensure you don't end up with a property that is located in a high-crime area.

Good luck to you! If you have any other questions feel free to give us a call.

Tonya Cher, Broker
Cher Real Estate, Inc.
(802) 479-6996 (office)
(802) 249-6904 (cell)
Tonya@CherRealEstate.com
... more
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Wed Sep 14, 2011
Judy asked:
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