Monthly Archives: February 2008

Westwood Village, Danbury CT

Westwood Village

Another popular condominum community in Danbury in Westwood Village. Located on a hillside setting, Westwood Villageis a stone-throws away from shopping, restaurants, Western Connecticut State University’s westside campus,major companies and I-84 and I-684 making it one of the best commuting locations in the Danbury area.  With almost 300 units in the community, Westwood Village is one of the larger townhome communities in Danbury,CT. The community amenities include 2 pools, playground, attractive landscaping and access to public transportation.

 There are several different unit styles to choose from in Westwood Village ranging from cozy 1 bedroom condos to large 3 bedroom 2.5 baths units This variety of floor plans makes it possible to move up into a larger home without leaving your old neighbors behind and a smart investment of first time buyers.Some of the units in Westwood Village offer great views of nearby Lake Kenosia and the surrounding hillside.

There have been 7 sales in Westwood Villagesince August 1, 2007 til March 9,2008/ (per CMLS).  The units have sold from $192,900 to $279,500 with the average sales price of $236,407and the average sold listing price of $244,457.  The average sale to list price has been higher than the city of Danbury’s average with the average sold to list price in Westwood Village of 96.7%. Currently, there are 12 units for sale (per CMLS 3/9/08) in the community (including 1 under deposit & 1 pending). Asking prices range from $174,000 to $284,900 with the average list price of $235,080.

Here is a link to the condo association’s website:

See available units in Westwood Village

Sotheby’s Featured in Ris Media Article

My broker did forward this to me this morning and is all about Sotheby’s. Check out the link below:

http://rismedia.com/?p=25925

One specific point in the article is the quality. The term quality not only benefits our seller clients but also  Our office does have the highest sale to price list in the area as well as the one of the quickest days on market for homes do sell. The marketing materials alone left at seller’s home for buyers to take is far better. For any of my listings (regardless of the price range), I have a copy of the survey, information on the warranties for any of the new updates of the home, flyer’s with several photos of the home, an estimated payment schedule, previous utility bills and much more. I have shown properties of some of our competitors in my marketplace, not to be named, where the listing agent didn’t even have a sign in sheet or a simple MLS printout of the home. The quality service also is benefital to buyers. I find out everything I can about the house (past sales history,how much the seller owns, permits, zoning, confirming school information with the appropriate town board of education) and sales of the neighborhood. I point out sales of various homes when I am out looking with buyers not familiar with the market and have them guess what they think the home sold for. I point out where the schools are, after confirming the schools with the town. I read the newspaper to see where the newest subdivisions and business are coming in to inform the buyers and have them make out their mind on whether they are going to feel comfortable with the purposed devolpment. I make information packets for buyers with a map showing which homes we are going to see as well as some information of the home (main photo, price, # of bedrooms, number of baths, lot size, garage, and heat/cooling source) which I do pretty easily through the Toolkit CMA software. If there is something I don’t know about a particular home or system, I find it out as soon as possible. It is all about quality real estate service.

Are other agents buying listings?

 I have had several listing opportunties within the past year or so which I have lost solely based on price. Is it such a crime to tell them about the truth on what their home is worth upfront or to ask for price reductions every month or have it not sell and not get paid? I went for a CMA in a desirable home with nothing making it unmarketable expect for a small subdivision of similiar homes coming in a few doors down. That is really a problem since there are no large tracts of land left in the area and whatever land is left is getting built. At the time, the owner was a fsbo at $650,000. I went to look at the house and discussed our marketing plan. I went back a couple days later to discuss my price of $574,000. The owner listed 2 weeks later ‘with a friend’ for $599,000 and it took until the end of December to get an accepted offer which closed last week for $525,000! At the same time, the owner was making double mortgages since they bought a new home twice as large. Was it so wrong to tell them the truth other than spending all that money on paying for a vacant home.

 Another fsbo I was working with is also clueless. I saw his listing for his home online and emailed him asking about the home since I sold a nice home a few doors away. I was working with him for about a month giving him also information about the neighborhood and things like that. At the same time, a home similiar to his (but in a nicer location in the community) came on the market more than $50,000 more than his fsbo price which I had informed him in a email. I told him buyers looking at that home would go see your own and not see the value. He just listed his for $47,000 more than the home I sold in December, which was a much better value and location, and $41,000 higher than the nicer comparable home.

 Would you pay $360,000 for  Overprice when 58 So King sold for $313,000?

 I wonder what other agents are thinking. They give the rest of us a bad reputation. Is it such a crime to sell it like it really is so both parties will benefit for a quick sale?

Open House, New Milford CT

Prospect Hill Front

Open House Sunday February 3 from 1-3PM

Address: 142 Prospect Hill Road, New Milford CT 06776

Cozy country cape close to Village Green.  This home has many things that are attractive to first time buyers, such as a new kitchen, new baths, new boiler, central air and new deck.  Hardwood  floors throughout. Large living room with fieldstone fireplace. Full unfinished walkout basement for storage. Views of Berkshire Hills.Convenient commuting location to Danbury, Westchester or New York City. It is a great opportunity to become a homeowner offered at $319,900. Currently off the market

New Milford is located 14 miles north of Danbury on the Housatonic River. It is the largest town in the state with 62 square miles. 28,000 people call New Milford home. New Milford, CT has been the fastest growing town in the state in terms of population growth since 1970. Neighborhoods in New Milford include New Milford Center, Boardman Bridge, Gaylordsville, Lower Merryall, Upper Merryall, Northville, Merwinsville, Park Lane and Still River. There are shopping opportunties along the Route 7 corridor down to Brookfield as well as downtown New Milford, which was filmed in the remake of Mr. Deeds.

New Milford, CT real estate options range from small 1 bedroom condos, starting around $80,000 to large antique homes on fair amounts of acerage over $1 million dollars. There are several newer single family homes to choose from currently on the market. There are also properties in the water and beach communities such as the Candlewood Lake Club, Candlewood Point and Birch Groves in southwestern New Milford,CT. Whatever place you are in your life, New Milford has all of the real estate options you are looking for.

See listings for sale in New Milford,CT

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