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      Blog :: 2016

      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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      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!

      Great Ideas to Grow Wealth in Real Estate

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      Great Ideas to Grow Wealth in Real Estate

      Do you rent? Want a better financial picture? Looking to build equity? Read on.


      Fix or Build Your Credit.

      If you've got some credit issues, a great way to fix these issues quickly is to take a percentage or fixed dollar amount out of every paycheck to address them. Put $10 a week against your Visa bill, or 5% of your monthly income towards your student loans. Getting into a habit like that will have a terrific impact on your credit score.


      Save Some Loot.

      Once your score is where you need it to be, start putting that money into a bank account, or use your now-paid off credit card for buying expenses. Something else to consider is the Bank of Mom and Dad - if you're a little short on cash, ask your parents or in-laws to fill in the gaps, if at all possible.


      Apply for a Government-Backed Loan.

      The USDA, FHA and VA all offer low-to-no down payment loans.  Contact Wanda French at Academy Mortgage, or Kim Magoon Somaini at HomeBridge Financial Services for more details - you'll be glad you did.


      Get Pre-Approved.

      A letter of pre-approval means you can act quickly when you find the right house. It's like another arrow in your quiver that you can use against rival bidders - imagine you find the right house and someone else makes an offer that get accepted while you're talking to Wanda or Kim! It happens, and it's no fun. That's your house!


      Hire a Realtor!

      Okay, we're biased. Of course we'd love it if you chose to work with us, but even if you go elsewhere, remember to have a Realtor represent you - as a buyer it will literally cost you $0. We get paid only after a home sells, and it comes out of the seller's end, not yours.


      Consider a Duplex/ Multi-Family.

      The beauty of this is you can rent out one half and live in the other - someone else pays your mortgage! Or, you make double payments every month and get it paid off quickly. Imagine what you could do with that kind of financial freedom!


      Don't Be Afraid of a Fixer-Upper.

      FHA offers a rehab loan called a 203k, which can help with cosmetic repairs, appliance replacement, mold, a new roof - whatever you may need! And the beauty is the expense of the repairs gets rolled into your monthly payment (which your tenant pays for)!


      It Doesn't Have to be Perfect.

      Yes, we've all got big ideas for the castle we'll live in when we win the lottery, but chances are excellent you'll have to compromise on something you want. Make a list of two or three things you can't live without - a second bathroom, for example - and look within that criteria.


      Get an Inspection!

      For your own sake, NEVER buy a house that hasn't been inspected! This will happen after you make an offer, and based on the inspection report, you'll be able to either re-negotiate or back out of the contract all together.


      Build Equity.

      It's always a little heartbreaking when a beautiful home falls into disrepair. Now that you're in your home, it's wise to think of it as a plant - water it and give it sunshine and it will grow and bear fruit. Stick it in a dark closet and it will wither. In other words, stay up-to-date on repairs, and put a little sweat into it - refurbish the kitchen with your tax return, for example.


      Stay There.

      As with all investments, the longer you have it, the more profitable it becomes. Things happen, of course, and one never knows what the future might hold. This is why a duplex is a wise investment, because maybe a divorce is looming - both of you move out and rent your former side and split the monthly profits! This will avoid a nasty property battle and give you both a little alimony.


      Buy Again.

      Because of your wise investments and real estate prowess (and with the help of your tenants), you've been able to stay on top of your mortgage payments and save up some money. Invest it! Look around for another multi-family unit, or a small single-family home you could rent out to a nice family or couple. Buy low and rent high! A $125,000 home with a 30-year mortgage equals a monthly payment of around $1,000. Rent it for $1,500 or more and watch your bank account swell!


      Hire a Property Manager.

      Property managers are worth their weight in gold. They'll do repairs, collect rents, and deal with tenant issues all for a cut of the rent they collect. They'll definitely save you from headaches.


      Ready to Retire?

      You've been a savvy real estate investor all your life and want to retire - time to sell! Put everything you've got up on the market all at the same time and head to paradise! Hire a Realtor to market, negotiate, and set showing appointments and you can leave town before you even sell! Use the tenant's' rent to buy daiquiris on the beach while you wait for the big checks to come rolling in. After all, you're smart - you've built equity and taken good care of your properties - they'll sell fast!

       

      Now Available--65 Neil Road in Berlin, Vermont

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      This is something you don't see everyday. Here's a 2007 single wide with a gigantic updated kitchen. Big kitchen island, custom cabimets, and modern appliances. You could have 20 people over for a party, and no one would be cramped!  

      65 Neil Road in Berlin has two bedrooms, including a master bedroom with an en-suite bathroom. The second bedroom is, admittedly, on the small side. But definitely big enough for a twin bed, or to be used as an office.

      New laminate flooring in the living room, and a cozy Vermont Castings electric stove for just a little more ambiance.

      65 Neil Road Berlin KitchenThis mobile home sits on a poured concrete pad, and is on just over an acre of level, grassy yard.

      And the cherry on the top of the sundae? The big, two car garage with finished space above it. Teen hangout? Studio? Game room? Tons of opportunity with this space. Honestly, even if you just wanted to use it for additional storage, that would be fine. We don't judge.65 Neil Road Berlin Garage and Yard

      65 Neil Road in Berlin is just minutes from Montpelier, Northfield, and Norwich Univeristy. Jump on Route 12 (paved all the way!) and it's easy to get to the restaurants of Montpelier, or to enjoy the Norwich facilities (hockey games, basketball games, football games, museum, etc.)

       

       

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        2015 Real Estate--Year in Review Montpelier, Barre, Northfield, Waterbury Vermont

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        2015 Real Estate Year in Review

        Montpelier, Barre, U32, Waterbury, Northfield


        Number of Sales

        Looking at the table below, it’s pretty darn easy to see the clear overall increase in number of sales. Every town in the survey had increases from 2014 to 2015. Some towns (Barre City) had smaller increases, and other towns (holy cow--Waterbury!!) had big increases.



         

        2015

        2014

        2013

        Barre City

        76

        71

        56

        Barre Town

        99

        81

        68

        Montpelier

        64

        49

        49

        U32

        48

        37

        46

        Northfield

        46

        33

        34

        Waterbury

        63

        34

        37

        Total

        396

        305

        290




        Selling? Looking for advice on getting your house ready for sale? Call, text or email. All our advice is FREE!

        Average Sale Price

        The average sale prices have been more of a mixed bag, with the majority of towns posting small decreases. Barre City is on a two year slide, but that’s not going to last long. The number of sales will bolster those prices soon enough!



        Taken as an average across the market, prices are remarkably stable. Weighted average sale prices inched up from $203,000 to $205,000. Nothing terribly exciting, although we would generally like to see a little more appreciation.



        This Year and Next Year

        We’re proud of how many buyers and sellers trusted us to do the job this year.  In 2015, Green Light Real Estate had 72 sales, and sold just over $14 million in real estate. That’s a lot of property, and with everyone here already hitting the ground running early in 2016, we expect both of those numbers to increase substantially this year.



         

        Days on the Market

        One metric that’s informative is the Days on the Market (DOM). In four of the six market towns in this report, the days on the market went down. That means that houses sold faster in 2015 than in previous years.




        Unfortunately, the stories we’ve heard about houses in other parts of the country selling in one or two days just don’t happen here very often. Over the past three years in Central Vermont, it’s taken, on average, almost four months for a house to sell.


        Buying? Ask us about a FREE comprehensive market overview. We’ll help with the inventory, the process, the numbers, the whole thing!

        Sales by Month

        This is one of the most interesting stories. Over the past three years, there appears to be a pretty clear trend. Sales start increasing rapidly in April and May, then they dip a bit, and then spike again in August. The highest numbers of sales have been in August.



        That’s interesting to us here at Green Light Real Estate, especially in thinking about what that means. Those April sales are from contracts that were signed in February. And those February buyers were looking in January and February. So, many of those “spring buyers” that we hear about are actually winter buyers!


        If you have questions, or if there’s anything that we can help with, call, email, or text.


        Check us out on Facebook, visit our website, read customer reviews on Zillow and Trulia, or stop by our office on State Street in Montpelier. And, if you’re thinking of buying or selling, keep us in mind!


        Ray Mikus, Broker/Owner

        Brian Steinmetz, Realtor

        Marina Carleton, Realtor

        Maria Lamberti, Administrative Assistant