624 Norwich Road in Plainfield, CT offers buyers flexibility, convenience, and opportunity! With a 864 sqft, 2 bedroom apartment above a 3142 sqft retail or business space, buyers have the choice of renting or utilizing one or both spaces. The property is conveniently located on Route 12, has a parking lot in the back, and handicapped ramp access. The building has oil heat, central air conditioning, and public water and sewer. It also has a loading dock, ramp, storage, and garage. For more info and private showings please contact me at 860-961-8627.
Home Updates: what gets the biggest return on your investment
Do you know how much money you should be putting into your homes annual updates to retain its value? Do you know which home updates retain the most value?
While there’s no way to predict home values from year to year with exact numbers, a great general rule of thumb is to spend 1-2% of your homes estimated dollar value in home updates. But where you spend your money matters when it comes to how much of a return you will get on your investment. This article from Realtor.com outlines which home updates had the greatest return on investment- or ROI- in 2018 and why. Not surprisingly curb appeal items had the highest ROI. First impressions matter, and outside updates tend to not have less variety which means less of a chance of harshly clashing with someone else’s style or taste. What are your 2019 home update plans?
https://www.realtor.com/news/trends/top-renovations-to-boost-home-value/
SOLD-99 Pires Dr, Montville
SOLD $300,000
The real estate market has been HOT in 2019! Houses that hit the market with thoughtful marketing and beautiful photos get sold at list price. Learn how professional photography, floorplans, and aerial photos, and staging help tell the story of your home. Motivate potential buyers to fall in love and put in their offer. Moving for work, downsizing, or just looking for a change? Contact me for a Marketing Consultation and learn how I can sell your home!
Norwich Sees Boom in Multi-Family Home Sales
Norwich has seen a boom of multi-family home sales in the last 18 months. There have been 121 sales in the last 18 months alone- that means one sold every 4.5 days! But why the sudden demand for this type of property? The most frequently cited benefit is that multi Family homes can provide income when the homes additional units are rented even when buyers are living in one of the units. The added potential income of a rental unit can often be used as income when qualifying for a mortgage. Many owners of multi-family homes note lower maintenance costs (vs. owning a separate rental entity)- one roof, one lawn, one sewer, etc.
Are you interested buying or selling your multi-family home? Call or text 860.961.8627 for a one on one consultation.