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      Don't Be Like the Watergate Hotel

       

      Don't Be Like the Watergate Hotel

      At Green Light Real Estate, we’re always telling people that there’s no such thing as a perfect house. Something almost always comes up during an inspection. But this one is kind of ridiculous.

       

      My family recently took a long weekend in Washington, D.C. Here’s a picture of part of the Watergate Hotel there (yes, THAT Watergate hotel, where, out of desperation, I broke down and spent $15 on an order of chicken tenders for the kids.)

      The hotel was beautiful, modern, sparkling clean, and very well--staffed. It’s a top notch hotel in an expensive city. And I admit it, the tenders were good.

       

      But...it looks like they should have had one of us come over and do a “Green Light Red Flag Walkthrough” Check out that dangling electrical outlet! (Who needs electricians when you have plumbers...) We spot things like this for our buyer and seller clients so they don’t become problems during the negotiation.

       

      I know, I know...I was supposed to be on vacation.

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        Market Slice! What's Happening in the Upper End of the Central Vermont real estate market?

        Central Vermont Real Estate Market--Upper End of the Market

        When people talk about home sales, and sale prices in the Central Vermont real estate market, they tend to talk about average or median homes. And that’s fine, because averages tell a story.

         

        In today’s post, I want to go a little deeper about the higher end of this market. What are we seeing as buyer and seller trends for higher end homes for sale in Central Vermont? And, in general, what’s happening in this upper end of the market?

         

        Since it’s my post, I get to pick the rules.

         

        And I get to define the terms.

         

        Let’s call the higher end of any market the top 10% of sales. That makes more sense than a dollar figure that cuts across towns. Because the truth is that there a lot of people who want really nice, upscale homes, and they want them in particular towns. 

        Want to know more about what's happening in the upper ranges of the Central Vermont real estate market? Click here to send a quick email.

         

        Here’s how that’s going to break down in this area, and statewide:

         

        Town

        Price for top 10%

        Average Price in Upper Range

        Montpelier

        $443,000--$630,000

        $500,937

        Barre Town

        $310,000--$487,500

        $367,233

        U32 Towns (Middlesex, Berlin, Calais, East Montpelier, Worcester)

        $345,000-$1,362.500

        $523,120

        Barre City

        $182,000---$230,000

        $198,500

        Northfield, Williamstown, Roxbury

        $332,500-$930,000

        $453,812

        Harwood Towns (Waterbury, Duxbury, Fayston, Moretown, Waitsfield, Warren)

        $480,000-$1,000,000

        $701,125


        In the table, the middle column represents the top 10% of sale prices in the different markets. The range is the actual sale prices of those top 10%.
         

        At the top end of all of these markets, buyers are expecting updated, finished homes, and no loose ends. That means higher end and contemporary kitchens with more expensive materials (quartz or granite countertops, not tile or laminate) It means matching, newer appliances, preferably stainless steel.

         

        Click here to send a quick email to us here at Green Light Real Estate. We're completely comfortable answering specific questions and general questions.

         

        At top price points, buyers are looking for updated bathrooms as well, with tile or stone showers.

         

        They expect to see large bedrooms with walk-in closets and en suite bathrooms.

         

        And none of this is really surprising.

         

        With the exception of upper end homes that sold in Montpelier, most of these high end properties have land, views, or in many cases, both. In Montpelier the source of the value is in location within the town and the overall  level of finish.

         

        But as a seller, if you want to attract the high end buyers, and you want to appeal to them, and you want to get the best price you can when you sell your home, your goal really has to be “perfect”.

         

        You may have to spend some money to make some money. If you’re selling a high end Central Vermont home, you already know that.

         

        At Green Light Real Estate, our upper end buyer and seller clients appreciate that kind of honesty and transparency. When you’re ready to buy or sell a higher end property in Barre, Montpelier, Northfield, or the surrounding communities, just give us a call.

         

        For more information about the upper end of the Central Vermont real estate market, click here to send us a quick email.

         

        Barre Home Tour, Green Light Style

        Doing It Our Own Way

        I know it sounds old school and not very techy, but at Green Light Real Estate, we actually spend time going to, in, and through houses that are on the market. In person. Not virtually. Not with facetime. I know, it's hard to believe!

        To make that easier, we always participate in the Montpelier caravan and the Barre caravan. That's our opportunity to get a bunch of local Realtors into our sellers' homes, and for us to preview other homes on the market.

        But yesterday's Barre caravan was cancelled. We had three homes scheduled. So not only were we a little bummed, our sellers were going to be too. Made us sad.

        We prefer to be happy! So we had our own Green Light Real Estate caravan. We lined up several of our Barre (ok, and one Orange) homes that we have for sale, and made our own caravan. Five of us (Kate, Kylie, Lindsay, Hannah, and Ray) toured the homes, became familiar, talked aabout potential marketing strategies, presentation strategies, and what might come up during inspections. Basically, we just gave each of these four home sellers five personal and professional opinions on how to make the sale go better.

        And yes, it did take a bit of time on a Tuesday morning. And yes, we had all seen some of the houses already. It's just that now we've seen them all, and when we talk with people looking to buy a home in Barre, we're that much more informed. 

        Side benefit? We got to bounce ideas off each other for a couple hours, which is great for bringing the team closer together. That kind of camaraderie also helps our buyers and sellers.

        Double side benefit? It was a beautiful day for a drive!

        185 Bisson in Orange--2.5 private acres103 Silver Circle--Mint Condition and Awesome Pool!8 Scenic View in Barre--Upscale Renovation6 High Holborn in Barre--Afforable and Totally Renovated!

         

        Quick Tip! Get a (Cheap and Easy) Radon Test

        If you're selling your house, here's a way to help maintain some sanity: Get a radon test done.

        Most buyers are doing the testing as part of their property inspection due diligence. But you can make things WAY easier for yourself by doing it first.

        Radon Test KitThe biggest issue is that the test that a buyer does requires doors and windows to be kept closed for 3-5 days (except normal comings and goings). That's fine in January. But in the summer? Ugh.

        So what happens is that inspection time frames get pushed out to wait for an out of town trip or for a cold spell. Closing dates get pushed out, negotiations get stalled, and people get stressed. Who has time for all of that?

        But wait! at Green Light Real Estate we always try to make things as smooth and easy and stress free!

        You can get a radon test kit from the state and do your own test. It takes a few days, and with the short term test, you do need to keep the doors and windows closed. The medium term test (30 days) doesn't have that "closed environment" rule. 

        You can do either of those tests right now, before you have an offer. The state offers three different tests, with different testing periods, and at different costs. At the time of this writing, June 2018, the 2-7 day test was $50, and the longer term tests were $25. Pretty cheap. Go to the Vermont Department of Health's website at healthvermont.gov, and you'll find information on the different tests, as well as order forms.

        Besides preventing your family from melting in the summer heat, getting the radon test before an offer will give you more information for negotiating. If you know your house has high radon, then plan on a mitigation system being part of the negotiation, Those start around $1600, and go up from there depending on the circumstances. Getting that curveball at the end of negotiation is no fun.

        And if we can show the buyer that your house has been tested and it's clean, then, that's even better!

        Seriously, if there's anything that can be done to make the selling (and buying) process easier, more transparent, more predictable, or just plain better, at Green Light Real Estate, we want to do it. Call, text, or email for more info.

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          Lovely 4 Bedroom Barre City Cape for Sale--53 Camp Street

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          The tasteful and substantial four bedroom home at 53 Camp Street in Barre is something that we just don't see everyday this market.

          Four big bedrooms, including three on the second floor, and one on the first floor. Great cape design (with modern design touches such as large rooms, deep dormers, and spacious closets). It was built in 1987, so we have newer electric and other systems, but that classic cape design that people love.

          Big, eat-in kitchen with lots of cabinets and counter space. There's even an island to hang around at and enjoy friendly conversations, or a quick snack. Updated appliances too! For more elegant dinners, just move over to the formal dining room, complete with hardwood floors and bright windows.

          There's a living room, plus a very comfortable family room that opens right up to the big and private back yard. I have a feeling you'll be spending a lot of time either in this family room or outside in the yard! 

          That yard is the crowning glory of 53 Camp Street. Originally designed as four city lots, the city assessor has told the owner that two lots could be built upon. So, if you wanted to change the configuration, you could. Or, and hear me out, you could keep the .72 acre lot all to yourself. Completely ringed with trees and shrubs, it's private, flat, and grassy. It's a park just for you!

          Updates include a new architectural shingled roof and a new boiler. Yes, the hard things (and the expensive things) have been replaced and updated. You get to make your cosmetic choices to make this place your own!

           

          645 North Main in Northfield, VT. Beautiful 4 Bedroom Home for Sale

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          645 North Main in Northfield is a great combination of old and new, and really, one of the best and most pleasantly surprising backyards in town.

          The classic New England construction has three bedrooms on the second floor, along with a full bathroom. The first floor has warm hardwood floors, a formal dining room, bright living room, and the fourth bedroom. There's also a 3/4 bathroom on the first floor.

          Lots of fun spaces in this house, and lots of flexibility. From the back of the house, as you pass through the mudroom, there's an office / flex room. Could be used as a guest suite, a home office, play room, and more. Upstairs, there's another office space. It's currently being used as Jeff's closet!

          Nice-sized, eat-in kitchen, separated between the hang out area and the work area. The work area is tastefully tucked into what was the butler's pantry (butler not included) and includes a new microwave and a new dishwasher.

          You'd never expect to see the backyard that's here, though. Professionally landscaped with stone walkways, a patio, ornamental trees, a fire pit, and fencing. Many friends and families will personally attest to the fun and festivities of a "Le Jardin" party.

          Need storage? How about a big barn. Yes. A barn. In town. Two floors of storage / man cave / she shed (I believe you can figure what a She Shed is). Add a little finishing touches and make this into a great studio or artist space. Be creative!

          645 North Main in Northfield is convenient to Norwich University, the Northfield Common, and a quick drive to Montpelier or 89. 

          $195,000

          Open House! 80 Abbott Avenue in Barre. Sunday 7/10 from 11:00 to 1:00

           


             

                 

          80 Abbott Avenue, Barre, VT


                             
                             
          OPEN HOUSE
                                              July 10, Sunday 11:00 AM - 1:00 PM
                                             
                                     

                         

                                     

                                 

                         

           

                                      
                                     

           

                                      
                                     

           

                                      
                                     

           

                                      
                                     

           

                                      
                                     

           

                                      
                                     

           

                                                     


                     

                                     

          $ Click for current price
          5 BEDROOMS | 3 (1 full, 2 ¾ bath )  BATHROOMS | 3537 SQUARE FEET


                                     

                             

           

          A house this beautiful doesn't get built accidentally. Someone thought "We want big bright rooms, big bedrooms, a private backyard. Oh, and we want something with STYLE too!" This five bedroom mid-Century has it all. Enjoy the large living room with a fireplace, and the four big bedrooms. The fifth is a normal-sized bedroom. Built-ins in most rooms, including the dining room. The layout is great for everyday life, as well as for entertaining and hosting. Spread out into the finished basement, complete with a wet bar, a half bath, and its own fireplace. Spread out even further to the private ...

           


                         

                             

                 

                     

                         
                     

                     

                         

          Presented By:


                                             

                                         

                                                     
                                                         

          Ray Mikus


                                 


                                      Owner/Broker
                                     Green Light Real Estate
                                     802-225-6425
                                     Office: 802-279-2403
                                     Licensed In: VT
                                                             


                                                                         
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          533 Cummings Road--Open House! Sunday July 10 from 11:00-1:00

           


             

                 

          533 Cummings Road, Barre, VT


                             
                             
          OPEN HOUSE
                                              July 10, Sunday 11:00 AM - 1:00 PM
                                             
                                     

                         

                                     

                                 

                         

           

                                      
                                     

           

                                      
                                     

           

                                      
                                     

           

                                      
                                     

           

                                      
                                     

           

                                                     


                     

                                     

          $ Click for current price
          3 BEDROOMS | 2 (1 full, 1 half )  BATHROOMS | 2172 SQUARE FEET


                                     

                             

           

          **MOTIVATED SELLER**32+ acres of private land, yet minutes to town. Fertile, well drained soil (plate work completed) make this property excellent for any type of farming. Roughly 10 open acres (in hay as well as mature nursery stock) and a hobbyist's sugar bush with sugar shack. The house is a beautifully built contemporary farmhouse with high ceilings, tons of windows, and a large front porch.  Built in 1999, it doesn’t leave much to be desired.  There is a loft area (with skylights!) and a third floor that could be completed to create a 4th bedroom or whatever else your heart desires.  The property is complete with a large equipment barn, greenhouse, and chicken coop. Equipment may be available for separate purchase. Perfect property for small agriculture, horses, livestock, pets, and more. Great opportunity to have a peaceful, private, newer home, with great fields, and close to town.

           


                         

                             

                 

                     

                         
                     

                     

                         

          Presented By:


                                             

                                         

                                                     
                                                         

          Ray Mikus


                                 


                                      Owner/Broker
                                     Green Light Real Estate
                                     802-225-6425
                                     Office: 802-279-2403
                                     Licensed In: VT
                                                             


                                                                         
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                          Schedule a Showing/Request Info

                     
           

                 

                             

                         

                                     

                     

           

          How's the Market? July 2016 Market Report

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          Real Estate Market Report for Montpelier, Barre, Northfield, U32

          Green Light Real Estate

           
           

          On the Market

          Sold Last 12 Months

          Currently Under Deposit

          Barre City

          70

          77

          15

          Barre Town

          49

          99

          18

          Montpelier

          35

          82

          25

          U32

          68

          62

          18

          Northfield

          24

          44

          5

          Totals

          246

          364

          81

          IMG_2013.JPG

          This is good staging. People smile when they walk into a house like this.



          IMG_0905.JPG

          This is bad staging. It just is.

          This Central Vermont market is giving all signs of a strong sellers’ market. With an inventory ranging from 3.6 months in Montpelier to 10.9 months in Barre City we see that homes in some markets tend to move faster than in others.

           

          Takeaway:

          Buyers--be ready to move fast and make strong offers.

          Sellers--Price right, and solve any problems beforehand. Everyone will be happy.



           

          Quick Facts--Washington County

          Average Days on Market 142 Days

          Average List Price: $224,737

          Average Sale Price: $215,033





           

          Welcome to the Team!

          Lindsay 2016 resized 1.jpg

          Lindsay Ericson has joined Green Light Real Estate as a Buyer Specialist.

           

          Lindsay has years of experience in financial services and management in Florida and Vermont, and is already getting great reviews from her buyer clients.

           

          “Thanks for working hard for us. I’ve bought two houses in the past, sold one, and I haven’t had a Realtor work this hard before.   I appreciate it.”

           

          We do too! Lindsay joins Brian Steinmetz, Marina Carleton, and Ray Mikus, along with Administrative Assistant Maria Lamberti.

          Well, Vermont had to be in at least one category with Montana and Wyoming…(Source: National Association of Realtors)

           

          Congratulations to all our buyers who took advantage of our May and June promotion. Several savvy buyers got $500 from Green Light Real Estate to pay for some of their closing costs.

           

          And, a shout out to Wanda at Academy Mortgage, for matching our promotion with an additional $500 for buyers working with Academy.

          The Crystal Ball: We get a lot of calls from people who don’t want to sell their homes.

           

          Yet. It’s really smart to think ahead. If you're thinking that next year is the year, talk with a Realtor, make a plan, get some numbers and put yourself in a great position to sell for the best price NEXT year.

           

          We can help with inspection items, appraisal issues, improvements, and staging. Give yourself all the advantages!

          Call, text, email, or just stop into our office to find out how much your house is worth.

           

          Or to have a FREE consultation and make a strategy for finding, and BUYING your new home.

           

          Get a plan. Get a house. Pretty simple.

          Green Light Real Estate is locally owned. We don’t have headquarters in Texas, New Jersey, or Connecticut. Um, actually, we don’t have headquarters. But you can stop into our office on State Street.

           

          Our core values include being creative, intelligent, fun, and energetic. We’re open minded and love trying new ideas.

          New to the Market! 5 Pinewood Road in Montpelier VT

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          The truth is that there just aren't very many houses like this in the Montpelier real estate market. 5 Pinewood Road has four big 5 Pinewood Montpelier front exteriorbedrooms (three are VERY big, and the fourth is simply a normal sized bedroom). Two are upstairs, and two are on the first floor.

          5 Pinewood also offers two full bathrooms, one on each floor. The first floor bathroom has been renovated to include new tile flooring, a new vanity, and a new toilet.


          What really makes this Montpelier property stand out is that is was nearly completely renovated after its original construction. The renovation opened the kitchen, expanded the living room, added the entire second floor, and changed the location of the stairway. Just little things like that! Email Green Light Real Estate for more information.


          The first floor of 5 Pinewood has a large living room with hardwood floors, and new, bright windows.


          5 Pinewood Road Montpelier Updated KitchenIt's easy to love the renovated, open kitchen as well. New Corian countertops and updated appliances make the kitchen as beautiful to look at as it is easy to work in. The kitchen renovated opened it to the dining area, with a raised counter top that is perfect for prep work, storage, or, with the addition of bar stools, a separate eating area.


          The basement at 5 Pinewood in Montpelier is nearly entirely finished. One humongous family 5 Pinewood Road Montpelier Finished Basementroom that walks out onto the private back yard. This lower level gives so much flexibility! Office, studio, or exercise area? Movie room or play room? Perhaps you'd like to operate a day care?


          And there is loads of storage! Roughly one-third of the basement is unfinished, and perfect for storage. There's also a small two story barn (with power) and extensive protected exterior storage under the sunroom.


          New paint, new architectural shingle roof, new Buderus boiler, new paved and extended driveway, and more. Too many updates and improvements to list here, but we're happy to send over a list to you!


          Pinewood is a dead end street on both ends. Terrace to Crestview, and then that ends at Pinewood. You'll be close enough to town for a walk or a bike ride, and very convenient to Montpelier High School.


          Move right in, and get the neighborhood you want, the size that you want, and the condition that you've been looking for!