Finding ways to deal with small spaces in your new South Central Vermont home can be tricky. Everyone likes the place they call home to be somewhere they can kick back and relax. However, it is hard to relax in areas that are cluttered and uncomfortable. Strategic interior design can make a big difference when dealing with small living spaces. Colors, lighting, organization, and décor can make spaces appear smaller or larger. Here are some solutions to make your South Central Vermont home look and feel cozier.
Organization is the first thing to be conquered when transforming a small living space. Getting rid of clutter and maximizing the use of storage space are the keys to success. Clutter will make any space appear smaller than it really is. Eliminating excessive knick-knacks is one way to reduce clutter. Multiple pieces of small, scattered furniture can also make a room look jumbled. Using a couple pieces of slightly larger furniture leads to a less cluttered look. Every inch of storage space should be taken advantage of in small living areas. Planning out storage space will allow for more walking room, functional closets, and more productive space. Use multipurpose furniture like ottomans, which can be used for storage and seating. Try installing an organizational system in the closets. These systems usually provide a perfect spot for everything.
A second quarter report of existing-home sales showed healthy gains from the first quarter, and price declines have increased affordability, according to the latest survey by the National Association of Realtors®.
Lawrence Yun, NAR chief economist, said the sales gain appears to be sustainable. “With low interest rates, lower home prices and a first-time buyer tax credit, we’ve been seeing healthy increases in home sales, which are a hopeful sign for the economy,” he said.
What is happening in our local South Central Vermont real estate market? Let’s take a look at statistics for the past six months for Rutland County, Windham County and Windsor County.
South Central Vermont Real Estate Sales Statistics
Homes For Sale: 3289 (+12.6 percent)
Homes Sold: 134 (+143.6 percent)
Pending Sales: 126 (+85.3)
Average Sales Price: $214,000 (+30 percent)
Average Sq Ft Price: $126.2 (+24 percent)
Median Price: $180,000 (+35 percent)
Days On Market: 167 (-18 percent)
Homes For Sale: 2922
Homes Sold: 55
Pending Sales: 68
Average Sales Price: $165,000
Average Sq Ft Price: $101.6
Median Price: $135,000
Days On Market: 142
With South Central Vermont real estate sales following the national upward trend, now is the time to buy. As you can see, an increase sales is followed by an increase in prices. Buy now for the best possible deal on South Central Vermont real estate.
Buyer’s often find themselves watching a property for a price reduction. Although getting the best deal possible when purchasing South Central Vermont real estate is important, it is not the only factor that determines monthly payments on a home. Rising interest rates nearly diminish the positive aspects of waiting for prices to drop.
Most people are familiar with the basic trends in real estate that have been affected by the United States economic crisis. The listing prices of homes have been steadily declining over the past couple years. This has put people looking to purchase South Central Vermont real estate at an advantage over those trying to sell. People have best described this as a buyer’s market due to the low property prices and reasonable interest rates. However, the decline in prices is stabilizing while interest rates are beginning to inch up. It is becoming more and more popular for investors to make offers on properties, sometimes sweeping the property away from home buyers. Could buyers begin loosing their advantage? Today, properties that are correctly listed at a reasonable asking price are not being reevaluated and reduced as often. These are some of the factors that prove lower South Central Vermont real estate prices are not always worth the wait.
Investors take note! 3 separate buildings on 1 parcel, plus possibilty of building another building. 2 story single family, singlewide mobile home, storefront with efficency. All apts are rented. Storefront can be another apt. or business. Excellent numbers! 2 barns on property – At This Price, it will not last! $129,000.
Chester. 14.69 acres with camp on site. Fish in your own Brook; electric and existing septic for 2 bedrooms. Walk to VAST Trail. Views of Wymans Falls Road and possible views with clearing! Private, yet close to town. $139,900.
According to Realestate.com, buyer’s remorse is one of the top ten mistakes made when purchasing a home. Finding the perfect home and making the decision to buy a home are not easy tasks. First, you spend hours on the computer researching South Central VT real estate and neighborhoods, perfecting your search criteria on MLS websites, and viewing many virtual tours. Then, you begin making appointments to go take a look at the ones you think stand a good chance at being the future home of your family.
As you walk through the house you envision the happy life you and your family would live and the future décor for this room and that room. You see houses that “require too much work,” “don’t have enough storage,” ones that are “too small” or maybe even one that is “do-able but not perfect.” Finally after weeks or even months of searching, you find “THE house.” Now you send in a promising offer and anxiously wait for feedback. You and seller come to an agreement and the offer is accepted. Once the papers are signed you can relax and enjoy the excitement, right?