West Cornwall Market Update

Happy New Year!  We are off to a cold but sunny year with a brighter sales outlook in Real Estate.  Here in West Cornwall we celebrated the 150^th birthday of the Covered

Bridge and the pink house is all gussied up in a lovely cream coat with yellow accents and a beautiful traditional sky blue porch ceiling.  Business is thriving at the Wandering Moose, CJ Burke’s Hair Works Salon, Todd Piker’s Pottery Shop and the Wish House. The Souterrain Gallery has had several wonderful art openings and Ian Ingersoll has also created a beautiful art gallery in his furniture workshop/showroom.

For the second year in a row we are reporting 3 sales in West Cornwall.

1 Tarradiddle Lane is the 19^th century farmhouse that I reported for sale in our last letter.  This 4 bedroom home with eat-in kitchen, wood burning fireplace, handicap accessible first floor bedroom with bath en suite, upstairs master with sleeping porch and backyard studio with another fireplace was listed in January at $375,000 and sold in April for $320,000.  I represented both sides and now those buyers have listed the beautiful brown shingle house across the river in Sharon -319 Route 7-for $375,000 with me.  Please call us to see it.

36 Lower River Road was one of 3 almost identical frame houses from the late 19^th century built next door to each other.  Unfortunately this one suffered a freeze up several winters ago and had major interior damage.  But, fortunately a former Cornwallian saw it and decided to chase down the owner and buy it to renovate.  He paid $185,000 and then discovered that the damage was beyond repairing.  The good news is that a lovely new home has been erected there.  We hope they’ll be moving in soon.

272 River Road is a 6 acre wooded lot adjacent to the one we sold last year. This smaller lot sold for $150,000 to the same buyers.

4 Railroad Street is available for rent at $1800 per month plus utilities.  This 4 bedroom property is unique in that each bedroom has its own private bath and there are 2 laundries complete with a washer and dryer on each floor.  A spacious great room houses the kitchen with stainless steel appliances, a dining area and a living room with access to a back deck and yard.

Currently there are no other Bain listings for sale in West Cornwall, but there are a few other properties available here.  You can find them on our web site www.bainrealestate.com

 Just search Cornwall. 

 

The graph below speaks to our commitment to you and your real estate needs. It tells the story of how hard we work.  Bain has for the 14th year in a row more transactions in Cornwall, Kent and Sharon than any other firm. With offices in Cornwall, Sharon and Kent we are proud to be the leading real estate firm in the heart of Litchfield County!

Figures from CTMLS

Also note bank mortgage rates have recently dropped again, and now it is not difficult to find a 30 year fixed rate under 4%! It is an excellent time to buy or re-finance.  Please refer us to your friends and stop by to chat with us about real estate.