South Windsor CT Real Estate and Homes For Sale » Blog

South Windsor Condos For Sale – Is a Condo Right for You?

admin — Thu, 03 Jun 2010 12:56:05 +0000

South Windsor Condos For Sale – Is a Condo Right for You?

There are some great stories from people that have bought a South Windsor condo for sale and settled down in it. While some people will tell you that condos are not as good as owning your own home, others insist that a condo is the best thing. Here are a few points to think about if you are considering buying a condo in South Windsor.

Community spirit

You will be part of a community when you purchase a South Windsor condo: part of a group that has the purpose of keeping their living area up to a certain standard. You will have to pay a monthly fee to keep the area clean and upgraded, but this is just money you would have had to otherwise spend on lawn maintenance, exterior maintenance and other forms of upkeep.

South Windsor Condo

Homeowners Association

A homeowners association sets basic rules for the members that are enforced by the members. This can mean problems only if you disagree with any of them. A HOA works great for people that have thoroughly read through the expectations of that South Windsor association and agrees with them. The only time something usually goes wrong is when the condo owner in South Windsor has not read the policies through, or has misunderstood something. If there is total understanding about the policies, then a HOA is simply wonderful. It takes all the worry and stress out of owning a South Windsor property since all of the maintenance will be taking care of for you. If you are considering getting a condo in South Windsor just make sure that you read all of the paperwork carefully to a full understanding before you sign any papers.

Investment

As the population ages, condos for sale in South Windsor are becoming increasingly popular. They are a good step back from home ownership for older people that still want ownership of a South Windsor property without all the hassles of maintenance. For this reason, condo prices have stable increases in the market during good economic periods.

Condos are great buy at this time, and whether you are looking at one for an income opportunity or a place to live, a South Windsor condo offers something for everybody. Check out the condos for sale in South Windsor.

South Windsor Real Estate Agent – Finding the Perfect Agent

admin — Wed, 02 Jun 2010 13:05:34 +0000

The Perfect South Windsor Real Estate Agent – A Listener and an Adviser

You may be thinking that you need an outgoing aggressive real estate agent in South Windsor in order to get yourself the best deal on the market. In some cases an aggressive agent can secure the best deal, but don’t be caught into thinking that a quiet real estate agent cannot do his job effectively. In many cases he can be much more effective because he is spending his time listening to your wants and needs.

South Windsor Real Estate Agent

A good real estate agent in South Windsor will listen to your viewpoints and mark them down for further reference. He will try to assimilate everything you want and need in a South Windsor home and neighborhood and show you the best properties available.

Finding a good South Windsor real estate agent that is ready to listen to you is as simple as picking up the phone and dialing. You can talk directly to an agent in South Windsor and see for yourself how easy he is to talk to. If you find that he is really listening and understanding what you are trying to say, then you should schedule an appointment as fast as you can because you have found a good one.

This is not to say of course, that an agent should never talk. In fact, a qualified real estate agent is your best advisor when you are purchasing or selling a South Windsor home. He should be able to answer most of your questions, or give you advice on where you can find the answers.

You need a South Windsor real estate agent that you can trust because you’re about to make some major decisions that are life changing. Find an agent in South Windsor that you can fully trust and everything else will fall in place.

South Windsor Homeowners Insurance – 4 Money Saving Tips

admin — Mon, 01 Feb 2010 17:32:35 +0000

South Windsor Homeowners Insurance – 4 Money Savings Tips

How can you save money when buying homeowners insurance? Here are 4 money savings tips to use when shopping for homeowners insurance.

Safety Features – One of the easiest ways to save money on your insurance. Install a burglar and or fire alarm that is monitored at a central station. Insurance companies have found that home owners who have these types of devices installed have a lower chance of damage or loss to their property. Ask your agent about discounts available if you have installed one of these systems. You might see a 5-10% discount in your annual South Windsor Homeowners Insurance premium, not to mention peace of mind!

Deductible – The deductible is the amount of a loss that a home owner pays in the event of an insured loss. It could be a percentage or a fixed dollar amount like $500 or $1000. By willing to accept a larger amount for a deductible you lower the possible loss for the insurance company and will lower your annual premium. Make sure that your annual deductible does not exceed the maximum you are allowed by your lender. Remember that you are agreeing to cover a larger portion of a loss by doing this, you are accepting a greater portion of potential risks. Ask you agent about what different deductible options can do for your annual premium.

Combine Policies – Insurance companies make more money from multiple policies and will offer policyholders a discount for combining home owners and auto policies together. Ask about how much money you can save by combining your policies.

Pay Off Your Mortgage – Insurance companies know those who have paid off their mortgage are a lower risk that those who have a mortgage. As a result they charge home owners who do not have a mortgage less on their insurance.

Here are 4 Money Saving Tips for South Windsor Homeowners Insurance. Looking for a quote on home owners insurance, contact Evan Cooper at Bearingstar 800-300-4180 extension 846, or email her at evan.cooper@bearingstar.com.

South Windsor Homes For Sale – 949 Pleasant Valley Road South Windsor CT 06074 – $82,000

admin — Fri, 11 Dec 2009 06:58:33 +0000

South Windsor Homes For Sale

PRICE REDUCED and Seller AGGRESSIVELY LOOKING for OFFERS…. Take advantage of this South Windsor Home For Sale while it lasts. Fantastic opportunity to own this remodeled and first floor condo in South Windsor. The condo offers one large bedroom with plenty of storage, sunken living room, patio, pool and much more. 1 YEAR HOME WARRANTY. Perfect location too!

For complete information about this South Windsor Home For Sale or the South Windsor CT real estate market including current homes for sale, property values and more, I encourage you to visit the most complete real estate website online www.BurkeCTHomes.com.

South Windsor CT Realtor Brian Burke, ABR
RANKED Top 1% Nationally
RANKED Top 10 in CLOSED SALES for 2009 (out of 2,500 agents)
International President’s Circle
Coldwell Banker Residential Brokerage
cell: (860) 798-3272
email: burkecthomes@gmail.com

P.S. Are you considering buying or selling a home in South Windsor, CT 06074? How about the Hartford County area? Selecting the most experienced agent dedicated to the Glastonbury, CT area is imperative to promoting your home correctly as a seller or bidding on a home aggressively as a buyer. Call or email me to setup a no obligation consultation, and I’ll outline each of the many strategies I utilize to gain the best results for my clients.

Cell: (860) 798-3272
Email: burkecthomes@gmail.com

South Windsor Real Estate – April 2009 Market Report

admin — Wed, 09 Dec 2009 09:06:34 +0000

South Windsor, Connecticut Real Estate Market Report
April 2009

Welcome to South Windsor, Connecticut!! Having a better understanding of the current South Windsor real estate market conditions is critical in order to help you make a more informed decision when buying or selling a home in South Windsor. To keep you up to date, I have included April 2009’s market profile and trends for your consideration.

Property Sales
April Property sales were 26, equal to 26 in April of 2008 and 30.0% higher than the 20 sales last month. April 2009 sales were at their highest level compared to April of 2008 and 2007. April YTD sales of 69 are running -15.9% behind last year’s year-to-date sales of 82.

Prices
The Median Sales Price in April was $206,000, down -0.5% from $207,000 in April of 2008 and down -24.8% from $274,000 last month. The Average Sales Price in April was $242,036, up 5.6% from $229,103 in April of 2008 and down -24.7% from $321,245 last month. April 2009 ASP was at the highest level compared to April of 2008 and 2007.

Inventory & MSI
The Total Inventory of Properties available for sale as of April was 161, up 17.5% from 137 last month and up 8.1% from 149 in April of last year. April 2009 Inventory was at its highest level compared with April of 2008 and 2007. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The April 2009 MSI of 6.2 months was at a mid level compared with April of 2008 and 2007.

Market Time
The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer’s market, a downward trend a move towards more of a Seller’s market. The DOM for April was 73, down -11.0% from 82 days last month and up 12.3% from 65 days in April of last year. The April 2009 DOM was at a mid level compared with April of 2008 and 2007.

Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the ‘mix’ of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The April 2009 Selling Price per Square Foot of $144 was down -6.2% from $154 last month and down -2.8% from 148 in April of last year.

Selling Price vs Original Listing Price
The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a Seller’s market. The April 2009 Selling Price vs Original List Price of 94.3% was up from 93.9% last month and down from 95.8% in April of last year.

Inventory / New Listings / Sales
This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in April 2009 was 69, up 30.2% from 53 last month and down -1.4% from 70 in April of last year.

For further information about the South Windsor, CT real estate market or news and events taking place in South Windsor, including current homes for sale, property values and more, I encourage you to visit the most complete real estate website online www.BurkeCTHomes.com.

P.S. Are you considering buying or selling a home in South Windsor, CT? How about the Hartford County area? Selecting the most experienced agent dedicated to the South Windsor, CT area is imperative to promoting your home correctly as a seller or bidding on a home aggressively as a buyer. Call or email me to setup a no obligation consultation, and I’ll outline each of the many strategies I utilize to gain the best results for my clients.

Cell: (860) 798-3272
Email: burkecthomes@gmail.com

South Windsor Real Estate – March 2009 Market Report

admin — Wed, 09 Dec 2009 08:38:30 +0000

South Windsor, Connecticut Real Estate Market Report
March 2009

Welcome to South Windsor, Connecticut!! Having a better understanding of the current South Windsor real estate market conditions is critical in order to help you make a more informed decision when buying or selling a home in South Windsor. To keep you up to date, I have included March 2009’s market profile and trends for your consideration.

Property Sales
March Property sales were 20, down -9.1% from 22 in March of 2008 and 150.0% higher than the 8 sales last month. March 2009 sales were at their lowest level compared to March of 2008 and 2007. March YTD sales of 43 are running -23.2% behind last year’s year-to-date sales of 56.

Prices
The Median Sales Price in March was $274,000, up 23.4% from $222,000 in March of 2008 and up 5.4% from $260,000 last month. The Average Sales Price in March was $321,245, up 26.9% from $253,054 in March of 2008 and up 24.6% from $257,875 last month. March 2009 ASP was at the highest level compared to March of 2008 and 2007.

Inventory & MSI
The Total Inventory of Properties available for sale as of March was 137, down -3.5% from 142 last month and up 7.0% from 128 in March of last year. March 2009 Inventory was at a mid level compared with March of 2008 and 2007. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The March 2009 MSI of 6.9 months was at its highest level compared with March of 2008 and 2007.

Market Time
The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer’s market, a downward trend a move towards more of a Seller’s market. The DOM for March was 82, up 12.3% from 73 days last month and down -3.5% from 85 days in March of last year. The March 2009 DOM was at a mid level compared with March of 2008 and 2007.

Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the ‘mix’ of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The March 2009 Selling Price per Square Foot of $154 was down -3.6% from $160 last month and up 3.2% from 149 in March of last year.

Selling Price vs Original Listing Price
The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a Seller’s market. The March 2009 Selling Price vs Original List Price of 93.9% was up from 92.5% last month and down from 94.2% in March of last year.

Inventory / New Listings / Sales
This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in March 2009 was 53, up 12.8% from 47 last month and down -8.6% from 58 in March of last year.

Cell: (860) 798-3272
Email: burkecthomes@gmail.com

South Windsor Real Estate – February 2009 Market Report

admin — Wed, 09 Dec 2009 08:01:45 +0000

South Windsor, Connecticut Real Estate Market Report
February 2009

Welcome to South Windsor, Connecticut!! Having a better understanding of the current South Windsor real estate market conditions is critical in order to help you make a more informed decision when buying or selling a home in South Windsor. To keep you up to date, I have included February 2009’s market profile and trends for your consideration.

Property Sales
February Property sales were 8, down -55.6% from 18 in February of 2008 and -46.7% lower than the 15 sales last month. February 2009 sales were at their lowest level compared to February of 2008 and 2007. February YTD sales of 23 are running -32.4% behind last year’s year-to-date sales of 34.

Prices
The Median Sales Price in February was $260,000, up 8.8% from $239,000 in February of 2008 and down -8.5% from $284,000 last month. The Average Sales Price in February was $257,875, down -2.2% from $263,569 in February of 2008 and down -31.7% from $377,820 last month. February 2009 ASP was at a mid range compared to February of 2008 and 2007.

Inventory & MSI
The Total Inventory of Properties available for sale as of February was 142, up 6.0% from 134 last month and up 12.7% from 126 in February of last year. February 2009 Inventory was at its highest level compared with February of 2008 and 2007.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The February 2009 MSI of 17.8 months was at its highest level compared with February of 2008 and 2007.

Market Time
The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer’s market, a downward trend a move towards more of a Seller’s market. The DOM for February was 73, up 12.3% from 65 days last month and down -15.1% from 86 days in February of last year. The February 2009 DOM was at a mid level compared with February of 2008 and 2007.

Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the ‘mix’ of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The February 2009 Selling Price per Square Foot of $160 was up 8.2% from $148 last month and down -0.2% from 160 in February of last year.

Selling Price vs Original Listing Price
The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a Seller’s market. The February 2009 Selling Price vs Original List Price of 92.5% was down from 93.0% last month and down from 96.3% in February of last year.

Inventory / New Listings / Sales
This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in February 2009 was 47, up 38.2% from 34 last month and up 34.3% from 35 in February of last year.

Cell: (860) 798-3272
Email: burkecthomes@gmail.com

South Windsor Real Estate – January 2009 Market Report

admin — Wed, 09 Dec 2009 06:59:43 +0000

South Windsor, Connecticut Real Estate Market Report
January 2009

Welcome to South Windsor, Connecticut!! Having a better understanding of the current South Windsor real estate market conditions is critical in order to help you make a more informed decision when buying or selling a home in South Windsor. To keep you up to date, I have included January 2009’s market profile and trends for your consideration.

Property Sales
January Property sales were 15, down -6.3% from 16 in January of 2008 and -28.6% lower than the 21 sales last month. January 2009 sales were at a mid level compared to January of 2008 and 2007. January YTD sales of 15 are running -6.3% behind last year’s year-to-date sales of 16.

Prices
The Median Sales Price in January was $284,000, down -1.4% from $288,000 in January of 2008 and up 20.3% from $236,000 last month. The Average Sales Price in January was $377,820, up 34.3% from $281,250 in January of 2008 and up 38.8% from $272,218 last month. January 2009 ASP was at the highest level compared to January of 2008 and 2007.

Inventory & MSI
The Total Inventory of Properties available for sale as of January was 134, down -6.9% from 144 last month and down -0.7% from 135 in January of last year. January 2009 Inventory was at a mid level compared with January of 2008 and 2007.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The January 2009 MSI of 8.9 months was at a mid level compared with January of 2008 and 2007.

Market Time
The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer’s market, a downward trend a move towards more of a Seller’s market. The DOM for January was 65, up 6.6% from 61 days last month and down -3.0% from 67 days in January of last year. The January 2009 DOM was at a mid level compared with January of 2008 and 2007.

Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the ‘mix’ of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The January 2009 Selling Price per Square Foot of $148 was down -2.5% from $151 last month and down -11.5% from 167 in January of last year.

Selling Price vs Original Listing Price
The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a Seller’s market. The January 2009 Selling Price vs Original List Price of 93.0% was down from 93.1% last month and down from 93.4% in January of last year.

Inventory / New Listings / Sales
This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in January 2009 was 34, up 25.9% from 27 last month and down -12.8% from 39 in January of last year.

Cell: (860) 798-3272
Email: burkecthomes@gmail.com

What Repairs to Make and What Repairs to Ignore Before Selling Your Property in South Windsor

admin — Fri, 27 Nov 2009 21:53:29 +0000

Repairs can be a big question mark for sellers. On one hand, you’ve probably heard that you should make repairs before you sell your home. On the other hand, it may be unclear which repairs you need to make and which ones you shouldn’t make. Which repairs will give a positive ROI and which ones won’t? To learn what repairs you should make and what repairs you shouldn’t, read on.

The most important repairs are water repairs, heating repairs and electrical repairs. Not making these repairs will prevent your home from selling, period. If the water doesn’t run, if the electrical system isn’t safe or if the heating system is about to break, most buyers will simply stay away.

That said what other repairs should you make on your South Windsor home?

First off, cosmetic repairs are cheap and have a big impact on the perceived value of your home. For example, is there a small hole in the wall? It’s easy to fill and repaint. Do the hinges in your cabinet squeak? It’s easy to spray a little bit of WD-40. Is there a gash in the window screen? It’s cheap to replace the screen and can have a big impact on your sale price. Paint the walls a neutral color. It will make your house look well cared for and appeal to more buyers.

Making cosmetic repairs arguably has the biggest impact on your bottom line.

One area you should pay special attention to is your front yard and your doorway. This is your buyer’s first impression of your house and should definitely be in good shape. Repaint the door, remove all the clutter from the stoop, and trim back all plantings.

Before selling your home, it’s best to avoid large renovation projects. Renovating your kitchen completely may or may not be a profitable investment. More likely than not, you’ll end up spending thousands of dollars without much return on your investment. If your kitchen needs a redo, explore a new countertop, or new hardware. Both will inexpensively update the look of your kitchen.

If you focus on repairing the essentials and the cosmetics, you’ll be well on your way to a very profitable sale.

There is a lot of free information available to you about buying, selling or investing in South Windsor real estate. For complete information about the South Windsor real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything South Windsor real estate at www.SouthWindsorRealEstate.com.

Real Estate Agent vs. FSBO – Should You Use an Agent to Sell Your South Windsor Property?

admin — Fri, 27 Nov 2009 21:18:04 +0000

Let’s face it. Selling your home is probably one of the biggest financial transactions you’ll ever make. Of course you want to do it right. On the other hand, you also want to walk away most money possible. Should you hire a real estate agent or should you sell your house yourself? Let’s look at both sides of coin.

On one hand, by not working with an agent you save yourself the 6% in commissions that real estate agents collect. You have complete control over the process. You get to meet all the buyers and negotiate for yourself. You decide everything for yourself.

The two most common reasons people opt for a FSBO are that they want to be in control and they don’t want to pay commissions. That sounds great; but let’s looks at the other side of the coin.

Real estate agents have spent hundreds of hours learning how to negotiate, how to market and how to sell homes. If you’re working with a good agent, chances are they have a lot of experience selling homes just like yours.

When it comes down to it, the statistics tell the real story. The statistics are quite dramatic and shocking. The reality is, 88% of FSBOs will not sell and end up listed with a real estate agent anyway. Furthermore, a seller who list their home with a real estate agent generally gets at least 6% more in their bottom line, that is 6% more after paying commissions.

The reality is, for most sellers working with a real estate agent will result in a faster, more profitable sale. That being said, working with an agent may not be for everyone. If you truly believe you can sell the home faster and more profitably or if you must be in control of the process yourself then perhaps a FSBO really is for you.

On the other hand, if you want to get the most money for your house in the fastest possible timeline, your best bet is probably to work with an experienced real estate agent.