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New Construction in the Danbury Area - 03/27/09 02:45 PM
One thing that surprises people from outside of the Danbury area is that we are do not have large subdivisions of 75-500 + single family homes .One reason of we why don't have those large communities is that there is not much large parcels on land to built on. Typically new devolpments in the area are about 2 dozen homes & most of the time builders just buy vacant lots in established neighborhoods that is not too much larger than the existing homes. Towns also limit the number of homes that can be built on land because of the impact the … (1 comments)
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4 Bedroom Colonial For Sale in New Milford,CT - 03/27/09 10:46 AM
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Things Banks Look For in Condos - 03/24/09 01:53 PM
In addition to seeing if buyers are approved for financing, they want to make sure your condominium or townhome community is in good standing. There is a big form that they want completed by the property management company. The information that banks want include:
Are all of the common elements and/or amenties complete? Is the project subject to additional phases? Is the project a conversion of a previous building? When was the community turned over to the HOA from the builder? Number of total units & # of units rented out Does any person or entity own more than 1? # … (0 comments)
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Moving up in a down market - 03/23/09 11:40 AM
Moving Up In a Down Market
If you bought your home several years ago and decide that you want to move, this is a good opportunity to make a move up. You might not get as much money for your current home, but you will make it up on the buying end.
Example:
Your home was once with $350,000
$350,000 (peak price) -52,500 ( down 15 % from peak) $297,500 (current price) The home that you wanted to move up to was listed at $750,000
$750,000 -112,500 (down 15% from peak) $637,500 (current price) $112,500 savings on the purchase of their … (3 comments)
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Danbury CT Condo & Townhome Units - 03/20/09 12:57 PM
Newer condos & townhomes in the Danbury area go in all shapes, sizes and layouts. The advantage of this is that you can find a community that you feel the most comfortable in, location, amenties as well as having the space set up in a way that best suites your lifestyle. The most common layout set up is a tri level. The advantage of having three different levels of space (living area level, bedroom level, and basement) is that you can divide the space and minimize noise from public areas to sleeping areas. Three level townhomes are available at Woodland Hills, Sterling Woods, Kensington Woods, Stetson Place, Arlington … (0 comments)
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About Danbury Area - 03/20/09 12:14 PM
With affordable home prices and property taxes, it is no surprise that the Greater Danbury & Candlewood Lake is growing to be the alternative to Westchester. You do get more house from your money in the Danbury area, which is only about 45 minutes to White Plains. There is no county government to pay taxes on or special taxes for school districts on top of the property taxes. The area offers a wide variety of real estate options ranging from condos to sprawling estates on Candlewood Lake, new construction and everything in between.
The City of Danbury does offer many things to do. Tarrywille Park is a a … (0 comments)
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Additional things to budget for when buying your first house - 03/09/09 02:06 PM
Things that extra things to keep in mind when figuring out budget
Washer & Dryer..About 1/2 of the time they are included in the purchase price, other times they aren't. Window Treatments:Often just the blinds & curtain rods are included. Tools: Gas tank & hookup to the house if you want gas applicances and the owner has electric and you are not on the gas line. New locks Often with short sales and foreclosures, you will see things such as the trim, light fixtures, mirrors either gone, damanged or needing to be replaced. Any basic repairs to make the house livable & … (1 comments)
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Why renting is expensive - 03/03/09 05:39 PM
Renting is not a great plan if you are staying in the same area for more than 3 years.The average rent in Danbuyr is around $1500 a month. Assuming a 5% increase in rent per year, you would be out a considerable amount of money:
Year Monthly Rent Annual Rent
1 $1500 $18000
2 $1575 $18900
3 $1654 $19848
4 $1737 $20844
5 $1824 $21888
Total Rent Paid for 5 years:$99,480
The numbers even become more shocking if you are paying even more in rent.
Year Monthly Rent Annual Rent
1 $1800 $21600
2 $1890 $22680
3 $1985 $23820
4 $2084 $25008
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Jonathan Hall, Realtor Danbury,CT Area Real Estate~203-417-0523
Danbury,
CT
More about me…
William Pitt Sotheby's International Realty
Address: 112 Federal Road, Danbury, CT, 06811
Office Phone: (203) 797-1216 x 305
Cell Phone: (203) 417-0523
Email Me
Discover the Greater Danbury & Candlewood Lake Real Estate Market. Call or text me for further information, 203-417-0523
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