Blog

A Time for Giving

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Season's Greetings,

 

As we gear up for the holidays, any number of challenges still exist, for many.  This is typically the time of year that we look around our community to help fulfill the needs of our neighbors.  These can be as basic as food and shelter.  There are so many local organizations doing exceptional work in and around Stowe and Lamoille County; and by partnering with them, we can all help to effect meaningful relief, and in some cases, even a bit of joy. We are thankful and grateful to have any number of these organizations working throughout the year to provide services and benefits where needed, especially during the winter months to come. 

As a result, there are food, toy and coat drives; and there are opportunities for volunteering, lending a hand, or donating.

If you would like to assist,  we suggest the following organizations:

 

We wish you and your loved ones a safe, healthy, and happy holiday period!

How Much is my Property Worth?

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           340 Worcester Ridge, Elmore

With the real estate market always changing, Sellers want to know what the value of their home is. Today, there are so many online ‘calculators’ and/or websites that claim they can offer you a current market value. But were you aware that those are usually based only on data available through town government, much of which is not necessarily up to date? 

Real estate markets are fluid. That’s why full time real estate professionals follow the market day in and day out, and are therefore best suited to advise their Seller clients, about the worth of their home in today’s market. We real estate professionals have access to the MLS where we can do a search of recent sales, pending sales, active listings, and more. In addition, we are familiar with these properties, whereas town governments are not. It is important to understand all of the MLS data in order to be provided with the most up to date information so you can make the best decision about when to put your house on the market, and what price to expect, and as a result, capitalize on the market you are in.

Please feel free to contact us any time for a complimentary evaluation of your home - We are happy to help satisfy your curiosity, and any questions you may have.

The Market is Still Moving

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10 acres Sweeney Lane, Cambridge

The Real Estate Market is still very active, and each week is a reminder of that.  The following is a weekly snapshot of market activity and transactions in our area.

Stowe saw significant increases over the past week in number of listings, sales, and pending sales. New Inventory rose to the highest number [...]

New to the Market

 

       

 

A rare condominium find at Notchbrook Resort. This charming and well maintained 3 bedroom, 3 bath condo, is ready to move right into.  Ideally located to enjoy Stowe's 4-season lifestyle, you will marvel at the breathtaking mountain views, and all the amenities such as the onsite heated pool, tennis courts; and trails, [...]

Coldwell Banker Awards Smith Macdonald Group President's Premier Teams for 2020 Achievements

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It is with great pride – and humility – that we announce Coldwell Banker Real Estate has presented The Smith Macdonald Group with the prestigious International President's Premier Team award for 2020. The achievement of this highly esteemed designation distinguishes recipients as one of the top 1% of Coldwell Banker Teams in the U.S and Canada.

The Smith Macdonald Group proudly celebrates 11 years as a team in the Coldwell Banker family (as Coldwell Banker Carlson Real Estate). Family members and owners, Peggy Smith, and daughter and son, Maggie and McKee Macdonald, have combined real estate experience and expertise that spans decades and now generations as the family continues to grow and evolve this agency into the future. Our commitment remains to provide the highest level of service to our buyers and sellers and apply today's most advanced technology, resources, and tools to provide our valued clients with the most successful outcomes.

Thank you to Coldwell Banker for this notable recognition – and thank you to our exceptional community who we will continue to gratefully serve – for the trust and confidence you have placed in us.

New Listings in Stowe, Vermont

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Buyer Demand has never been higher; and with the least amount of inventory the market has ever seen, buyers are waiting in the wings for new properties to be listed.  Here are two new listings in Stowe.  One is a 1 bedroom condominium at Spruce Peak, and the other, a commercial condominium on the Mountain Road, both of which are ideally located and affordable.  See below for more information on these new listings, or click on the photographs.

 

 

 

 

 

 

First chair, no problem! Last run, for sure! Sunrise turns your views of Mt. Mansfield and Stowe Mt. Resort pink, sunset turning the sky hues to purple and red, check! Don't want to drive and deal with parking at the base, done!  This luxury studio offers prime views of Stowe Mt. Resort, Mt. Mansfield, the Front Four, and Gondola, check the conditions of the day from your bed by looking out the window. Access to the spa, outdoor pools, hot tubs, restaurants and bars, valet parking, ski valet, and the private club are all options with ownership.  For more on this including photos, you can go here. Price: $299,000

 

 

Located just outside the village, this handicap accessible condominium is modern, bright, and open.  With 4 separate offices or treatment rooms, the entire space was renovated in 2019, including new plumbing, a new heating system, and rewiring.  With lots of parking and hi-speed internet, you won't find nicer commercial space in town to move right in. If you are currently renting office or retail space, this property makes sense to purchase.  For more on this property you can go here.  Price: $220,000.

 

Seller's Market Continues

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As with so many communities throughout our region, real estate sales continue to be very strong.  Buyer demand is higher than ever, yet inventory is the lowest ever.  Buyers stand ready to view any new homes landing in their daily inbox, but days and days may go by before there is anything new for them to look at.  Today there was a total of only 19 homes on the market in Stowe, ranging in price from $490,000 to $11.9 million, with only 6 of those under $1 million.  There were a few more condominium choices - 28 in total - many of which are located up at Spruce Peak Resort. 

Despite the winter and holiday season affecting overall activity a little, as it typically does, Seller's are still in an enviable position when it comes to selling now.  Since there are more buyers than there is inventory, it is still an unprecedented time to sell in this market.  One in which the number of days on the market is the lowest, and sales prices are the highest in many cases.

We are ready, willing and able to help any seller who is thinking of selling by walking through the process, and providing an updated evaluation of your property so that you can decide whether it makes sense for you to sell in one of the strongest markets ever seen in our area.  Land is also selling well now as well, as some buyers are turning their interest to building, since inventory choices are so limited.

A Time For Giving

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2020 has been a challenge for so many individuals and businesses.  This is typically the time of year where we focus our sights on helping our neighbors who are in particular need, yet this year is more important than past years due to additional strain many have felt as a result of job, health or food insecurity.  Our communities have [...]