With the New Year comes opportunity for moving into a brand new constructed home in Darien, Connecticut. Some of these homes are move in ready and some are still in construction phase where you can choose your finishes.
The four I will highlight in this week’s newsletter are:
~ Kensett Home Community of 62 custom designed homes on 16 acres with walking trails, pool & club house. Prices range from $1.3 to $1.55 million with square feet running between 3,300 up to 4,480.
~ Noroton Green are 8 certified “green” homes with state of the art energy-efficient mechanicals and materials. These homes are approx. 3,000 sq. ft. with 3 bedrooms, 3 ½ baths starting at $1.295 million.
Custom Deluxe Homes.
~ 358 Hoyt Street a 3,500 square foot home on 0.80 acres, spray foam insulation, 3 zone HVAC system, large eat-in gourmet kitchen offered at $1,399,000.
~ 312 Noroton Avenue is a timeless custom Colonial design with all the high end bells and whistles is a 5745 sq. ft. home on 0.35 acres offered at $2,295,000.
The 2013 Cost vs. Value report by Remodeling Magazine is out and it shows a positive sign for the remodeling industry with the national average of cost-value ratio rising for the first time in six years.
The report is broken up into nine regions of the United State with the Connecticut and New England Region showing an uptick in value of all projects compared to last year’s report. For Connecticut the report is broken further down to New Haven and Hartford with a downloadable pdf.
The national data of the Cost vs. Value report compares the average cost of 35 popular remodeling projects with the value of those projects retain at sale. You can view national data for the projects or go to regional data for a more detailed look as well as mid-range vs. high-range remodel values. Continue reading
Year End Real Estate Report for 2012 for Rowayton, Connecticut on single family homes compared to 2011. Rowayton is following the real estate market trend of lower Fairfield County in that more single family dwellings have sold in 2012 to that of 2011 but with the average price down just a little or flat. The average sold price of 2012 is at $1,287,200 up $940 from the previous year while sales of home units are up 25%. *
Rowayton is the Sixth Taxing District of the city of Norwalk, Connecticut located on Long Island Sound and 45 miles away from New York City with its own Metro North train stop. Over the course of the year the community holds many events such as the July 4th fireworks, River Ramble, Summer Music Festival and Memorial Day Parade to mention a few.
Currently in Rowayton there are 36 single family homes for sale ranging from $435,000 for a 3 bedroom, 2 bathroom Raised Ranch up to $12.9 million for a 3.5 acre island with 6,000 sq. ft. Tudor home, boat house, guest house and pool.
Real Estate Year End 2012 Market Report for single family homes in Darien, Connecticut compared to 2011 show a 23.3% improvement in homes sold. Along with that average days on the market decreased by 5 days and yet average sale price was down 8.7%. When you dig a little deeper the average size home was about 5% less in 2012 (3,266 sq.) to that of 2011 (3,438 sq. ft.).
Currently there are 90 single family homes listed for sale on the Darien MLS down from a yearly average of 175 to 200 listings. Currently prices are ranging from $365,000 for a 1,200 sq. ft. Ranch on 0.27 acres up to $26,000,000 for an 8,800 waterfront estate on 5.25 acres.
For further information about homes in lower Fairfield County, Connecticut call David Popoff
at William Pitt Sotheby’s International Realty in Darien, Ct.