Homes

New Home in Stowe Recently Listed

This has been a very busy summer for real estate sales, although, one that is still somewhat hampered by lower than normal inventory.  We've recently listed some gorgeous properties, one of which is featured below.  You will also find a link to our website showing the most recent homes we've listed, ranging from $230,000 to $1,495,000.

611 Covered Bridge Road, Stowe VT | Asking: $895,000

Splash in the pool, sun yourself on the flagstone patio, jump in the hot tub and look at the beautiful views of the Worcester Mountains; what could be more enjoyable?  How about a historic Vermont covered bridge to access this fully renovated luxury home.  The living room showcases a central fireplace with sweeping views on either side.  For more photos of this amazing property, a virtual tour, and more, you can visit the property profile.

3 Bed | 4 Bath | 2 Car Garage | 3.4 Acres

 

For all of our other new listings, you can visit our website here.

Maintaining Septic Systems a Must

Maintaining a septic system is not complicated, and inexpensive compared to replacing a system, which can cost upwards of $25,000 or $30,000 depending on the system.  They've become much more expensive to replace, as design and permitting requirements have changed over the years.  If you have an older system, you want to take even more care to maintain.  So, what should you in the way of preventative maintenance?  The following are recommendations from the professionals, including septic engineers:

  • Make sure you pump your septic system regularly.  Ask your local septic service provider how often that should be, because it depends on your system and the size of your tank and number in your household.  On average, it should be about every 3 years
  • Only flush toilet paper.  No feminine or baby wipes/diaper products
  • Garbage disposals are not good to use if you have a septic system
  • Make sure you are not putting any grease or paint or solvents down your drains
  • Using natural cleaning and laundry products will help sustain the integrity of your system. Your system contains living organisms that digest and treat household waste. Pouring toxins down your drain can kill these organisms and harm your septic system.
  • Use water efficiently.  Think about installing energy efficient fixtures.

Taking care of one of your most valuable systems will help ensure its longevity.  If you are thinking of selling at some point, be aware that most buyers and their offers will include a condition for you to pump and scope the system.  Knowing ahead of time that your system is in good working order, can alleviate any stress that might occur otherwise, during the selling process.

For more information and detail, you can go to this website.

 

 Source: EPA.gov

 

Newly Built Homes in Stowe VT

Buyer demand is still high for home buying, but home inventory is at the lowest level we've seen in years.  There is new construction happening in Stowe, and in Morrisville though, in a wide range of pricing. 

One of the latest additions is a beautiful new custom crafted home at 90 Francis Lane, in Stowe Club.  This luxury home is almost complete, and will be ready for ski season!  Handcrafted with exceptional features, and a wrap-around deck to take advantage of the sweeping mountain views surrounding, this home is located in one of the best areas in town. Ideally situated between Stowe Mountain Resort and Stowe village, you will have easy access to everything you are looking for, including golf, the recreation path, restaurants shops, skiing and more. Once this is sold, the same builder will begin the build of 95 Francis Lane; a great option for a buyer who wants to build a custom home in the Stowe VT. Purchase it now and work with the developer to create the home of your dreams.

Another great option in the Stowe Club community is 55 Benjamin Trail. Completed in 2017 this new construction home is ready to move in with 4 bedrooms, a den, fireplace, and full basement ready to be finished to your needs. 

For those looking for new construction at an affordable price, Tinker Farms is a new development located just over the Morrisville line on Elizabeth Lane. Here you will find a unique opportunity for a brand new high quality constructed home in a pastoral setting which features a large community pond, open meadows, mountain views, and mature trees.  These new homes will range in price starting at $389,000.

Take advantage of the beauty and benefits of a new home in the Stowe area with any of these choices.  The builder can customize to suit your needs.

For all of the inventory in the area, you can search on our website here.

Price Reductions on These 2 Attractive and Affordable Homes

These 2 very appealing and affordable homes have just been reduced in price. 

138 South Marshall, Stowe VT | Now Asking: $385,000

This home, ideally located in Stowe, is a duplex which offers a great opportunity for anyone looking for an investment or to offset some carrying costs. The upstairs unit has a renovated kitchen and bath, new floors, appliances, paint, and offers tons of charm. There are three bedrooms on the upper level with a bright and sunny deck.  If you are looking for a home that has flexibility and additional options, including both long-term and short-term rentals, this property is an excellent opportunity.  The newly reduced price of $385,000 makes it additionally attractive.  For more on this property, click here.

 

169 Old Shady Lane, Morrisville VT | Now Asking: $340,000

For three seasons of the year, you can enjoy the porch here with its gas stove to keep you cozy in the fall, but stay cool in the summer with the screens open and the breeze blowing in. There is a master bedroom on the first floor with a fireplace, and a large bathroom with its own deck, adding to all this home has to offer. The open floor plan with living, kitchen, and dining make entertaining extremely enjoyable. There is a fireplace in the living room to add to the ambiance, and the outdoor patio looks over beautiful gardens. Easily accessible to Morrisville and Stowe, mountain bike trails and snowshoeing, right from the front door.  For more details,  click here.

New Office Now Open in Morrisville!

We have just opened an additional office on Portland Street in Morrisville!  For years we've wanted to provide more convenience and service opportunities to our clients and customers north of our Stowe office. This will provide easier access to a market that we've enjoyed serving for decades, but can now expand more easily, helping buyers and sellers with the goals they are trying to achieve in northern Lamoille County and beyond.  Still offering the same level of exceptional service, expertise, support and guidance through the real estate process, we look forward to welcoming you to our new home. 

Our official grand opening at will be Thursday April 25th, from 4-7.  We hope you can join us then, or feel free to stop by anytime otherwise to check out our new space and to see what's new in the area, and the world of real estate. 

74 Portland Street, Morrisville

CBCarlsonrealestate.com

802-521-7962

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Low Housing Inventory Got You Down?

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Many active buyers, means low inventory, and a fast moving market!  Buyers continue to find themselves challenged by the limited options of homes for sale.  So, many are turning to purchasing land, and building.  There is currently a wide variety of properties available, and there are many exceptional builders and architects to choose from, providing the opportunity to build the home of your dreams.  Click through the photographs or visit our website to find out more about these and other beautiful, ready to build on land parcels. 

                      

 

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Select Properties in Stowe and Morrisville, Vermont

 

This updated home is ready for you to move right into.  Located on a double lot, this sweet home features a modern kitchen with new appliances, bath, and flooring.  One-level living and 3 bedrooms make this home very comfortable for you, your family, and friends.  For more information, including photographs, you can go here.

 

                    

 

Rarely available Hillcrest condo! With unobstructed views of Mount Mansfield and low monthly fees, this well-appointed condo is just what you've been looking for! Centrally located near everything you need in Stowe. The location also offers easy access to the Mountain Road and ski hill. Enjoy summers on the deck watching the sunset over the Green Mountains after taking a dip in the community pool. Cozy up with a book next to the fire on a cold winter day. This well maintained two bedroom Hillcrest condo is a perfect starter home, or great for a weekend getaway. Available furnished, move right in.  For further detail and photographs, go here.

 

Real Estate Update

                 Stowe Hollow Road, Stowe

 

As we reported last month, the real estate market has been strong and consistent for years in our market area and beyond.  These past months have been anything but normal, and brought unexpected challenges as a result of a pandemic sweeping across our nation and the world.  For a time, there was a great deal of uncertainty; and now, more than ever, people want to know what the state of the real estate market is.  We are happy to report, that over just the last few weeks, we have seen life turning back to more normalcy, and real estate is in some ways coming back as strong as ever.  We continue to see an increase in overall sales activity, some of which has to do with more buyers being able to come to Vermont to view properties, now that additional state restrictions for travel have been lifted.  There has also been a collective effort and means to adapt to the current buying and selling conditions, which all parties have managed to navigate very well.

Each day we monitor the market very closely to keep everyone best informed and up to date.  What we are finding is that the market conditions and activity for our market area in general are very much comparable to last year at this time despite some of the operating challenges that still remain.

The sales data has revealed a very strong market over the last month, and in particular the last 7 days.  We've been seeing steady increases each week, but last week was the most significant so far since February/March. The increases were across the board last week, including closed and pending sales.  The number of overall closed sales was up in every area, and pending sales were up in Stowe and Waterbury.  There was only 1 pending land sale in Lamoille North. 

The number of days on market for the pending sales in Stowe was very low - between 4 and 22 for homes - the exception being the Mt Cabin condominium at Spruce Peak which was on the market for 165 days.  One of the homes had multiple offers, which has not been uncommon.  Buyer demand is very high.  The current number of pending sales overall in Stowe is 26 ranging in price from $155,000 for a condo to $3,700,000.  This is almost the same amount as last year during the same time period.  24 of those are residential, and 2 are land.  The median days on market for all is only 48, and the median price is $499,500.

Although there was only 1 pending sale in Lamoille North, there are currently a total of 34 pending sales, most of which are residential, 11 of those are land.  The median price  is $242,000, with a high of $695,000.

In Waterbury, the 5 pending sales is the highest amount seen there in months.  The number of closed sales was consistent with past weeks.  There is a total of 28 pending sales in Waterbury, mostly homes, with a median days on market of 71.  The median price is $372,500.

New inventory added was the highest in Stowe compared to past weeks and months, but this is typical for this time of year.  It remained about the same for Lamoille North and Waterbury.  There was no new commercial data to report in Stowe.

These statistics show a strong market overall, and buyer demand should continue. If you haven't had a chance, you can review our 1st Quarter Market Report on our website.  We will be preparing the 2nd quarter report at the end of June.

 

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End of Summer Real Estate Market Update

              

 

 

 

 

 

 

 

 

 

 

 

The real estate market in our area is hot right now.  It wasn't that long ago that we wondered how the market might be affected by the interruption that Covid had on our world.  There was so much uncertainty.  As Vermont and the surrounding states began to flatten the curve of the Pandemic, buyers were able to begin entering the Stowe area market place again.  Slowly but surely offers and closings began to increase.  And now, we are seeing buyer demand like never before.  This is happening across the nation as well.  Existing home sales were up over 24% in July, as was the median price.  Pent up demand and low inventory sparked a resurgence in buying activity.  Despite continued shortages of residential inventory, buyers have found a way to follow through on their desire to invest in Vermont in a big way, but it's not unusual for them to be finding themselves in a very competitive situation, with multiple offers becoming more common.  Since the end of June, sales and pending sales, and prices have been on the rise.  The number of days on market decreases as properties flow through the market more quickly than usual. 

Sales activity increased again over the course of the past week - significantly in Stowe and Lamoille North.  Waterbury remained consistent with closed sales; and a slight increase in pending sales.  The numbers in Stowe were way up, with an over 30% increase in pending sales and closed sales.  Condominiums and homes still dominate the number of transactions, yet there has been more and more land activity, as buyers look to consider building as an alternative. New listing inventory fluctuates, as buyers remain vigilant and aware, along with their agents, of new properties coming onto the market so they can make appointments to see them as soon as possible. 

We remain vigilant as well, helping to guide our sellers and buyers through the process of selling and buying, giving guidance in order to procure the best outcome for our clients.  We are committed to monitoring the market very closely to keep everyone best informed and up to date.  This is a great time to sell, and the market is desperate for additional inventory.

Our Q2 Market Report is available to view here.  Although home sales in Stowe, Lamoille North and Waterbury were all down for the first 6 months due to the Covid interruption, the number of residential home, and condo sales continues to increase. 

Please feel free to contact us with any questions - we are always available.

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Is it Still a Seller's Market?

133 Gilcrist Road, Stowe Vt

 

The answer is "yes".  As we transition to the late fall and winter season, some have asked us if the real estate market is still active.  We've seen one of the strongest markets ever over the summer and fall, and that continues today as a result of strong buyer demand, and an all time low level of inventory.  There are only 27 homes in Stowe that are on the market currently.  That coupled with many active buyers in the marketplace still looking for either a primary or second home has caused  properties to go under contract extremely quickly - in some cases in only 1 day.  Multiple offers have been common, pushing sale prices up further.  Demand for homes and condominiums takes place in all price ranges.  Even the previously lagging luxury market has been met with a high level of interest, and it has now become more common to see these properties selling in the multi-million dollar price range.  Our team just recently listed the above pictured home along with 54 acres which sold for $6,100M. 

Land and building lots have become more popular too, as the number of residential listings keeps shrinking.  Consumers would still prefer to purchase an existing home, but land provides a nice opportunity to build a dream home from scratch.  There are so many talented architechts, designers and builders with whom we have strong relationships, thereby taking the worry out of this process to build a new home.

Overall, more and more people are choosing Stowe and the surrounding area as a place to call home.  And, with that comes the need for new listings to meet this demand.  If you or anyone you know is thinking of selling, we welcome the opportunity to speak with you about the value of your home, and the process.  We have one of the strongest track records of successfully listing and selling homes for our clients, so we can guide you to help you meet your goals and provide the best outcome.