Bain Real Estate

Bain Real Estate

Thursday, March 9, 2017



Just listed!


29 Great Hollow Road

A wonderful 1800's antique with 8 rooms, two bedrooms and two full bathrooms on 6.55 acres.  It has hardwood floors with tiled kitchen area and a large enclosed sunroom for plants or taking in the light. There are two outdoor storage barns, with gardens around the home. A back patio to sit out and spend the evenings. There are trails on the property to walk.  Close to Mohawk Ski Area, the Housatonic River, Appalachian Trail and local market. New furnace one year old.



Market Update

The numbers are in and 2016 was clearly a pivotal year in real estate.  Nationally real estate sales transactions were up 12% over 2015 figures.  Litchfield County overall saw just over 8% increase. Locally we have seen a similar bump resulting in the volume of sale increase around 14%! In summation, real estate in Sharon is on a steady upswing as the market recognizes good values.



The positive economic confluence of lower unemployment, strong trends in the financial markets and tightening interest rates have bolstered consumer confidence. This confidence mixed with the reduction of available homes to buy has solidified real estate values and will predictably push value higher.  This is already happening.



 

Sunday, February 19, 2017

Cornwall Castle



Cornwall's Castle is now offered with 545 acres (outlined in red below) and for only $5,950,000!!!

Thursday, February 2, 2017

Some January thoughts of the Cornwall Real estate market

Welcome to winter in West Cornwall. As you know that means snow/sleet/rain and the occasional spring-like day to really confuse us. Our real estate market reflects the changing weather, too.

At this time last year there were 38 homes for sale in Cornwall. In this calendar year there have only been 10 home sales outside family transfers. One of those sales was a 30 acre property which had been on the market over 3 years, originally listed at $1,400,000 and closed at $850,000. Another was a 13 acre property with 2 barns and a fine house which closed in only a few months at $1,320,000 just $55,000 off the asking price. Realistically priced properties are selling even in a slow market. One positive development is that the past 3 months have seen more activity than the first 7 months of the year.

The newly formed Cornwall Business Association is planning a midwinter "stroll" late day on February 18th. It will include the best known locations like the Wish House and the Wandering Moose as well as other surprises, like Bain Real Estate who will host several other businesses such as Suzie's Sweets and Daval and the Serene Bean!