Tag Archives: Danbury CT Real Estate

Just Purchased, 5 Cel Bret Drive Danbury, CT

CelBret 

Jonathan Hall of William Pitt Sotheby’s International Realty’s Greater Danbury Brokerage represented the buyer of this 4 bedroom colonial on a  in Western Danbury. Located at 5 Cel Bret Drive, this 2152 square foot home offers hardwood floors (waiting to be refinished), a newer roof, vinyl replacement windows and sits on a level 1 acre lot with scenic hillside views. This home sits on the a cul de sac of quality homes along the Ridgefield line in the Miry Brook district of Danbury, only minutes to New York State, the Danbury Mall, I-84 and Route 7.

This home was just what my clients were looking for. A home that has been maintained over the years, but could use some updating in some areas. Once I took over the transaction for my clients, the home was closed in less than 45 days from the date the home took the deposit. It would have been less if it wasn’t for dealing with some unexpected red tape that the sellers had no idea about at Danbury City Hall. Luckily for my clients and the homeowners, we are able to reach a happy conclusion for all parties.

This was a very in demand property, and my clients won out on the multiple offers. If you know a home in the Miry Brook area of Danbury and are considering a move in the future, please contact me.

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Your Danbury,CT Area Home Purchase and Commute

Like most people, if you live in the area, you have to work for a living. A great thing about Danbury is that it has the lowest unemployment rate in the state.

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In Danbury, there are number of large employers, such as Cartus, the Danbury Hospital, Boehringer Ingelheim and more. Within an hour, there are is a lot of employment opportunities at Somers, Stamford, Norwalk, White Plains, Greenwich, Tarrytown, Hartford, and New York City.

Due to the lower costs of real estate and property taxes, the Greater Danbury and Candlewood Lake area is a natural fit for buyers looking for a place to call home.

IMG_20130817_104522_695 How does this effect the real estate market? Because of the large employment base in Danbury as well as as large regional employment centers within commuting distance, there are no wild changes in the economy.  On the national level, the Danbury area is historically the last area effected by a downturn and one of the first areas on the economic growth.  

Typically,the further away from New York City you go, the more affordable homes are due to the increase of time you would spend commuting. However, there are expectations to a rule and as an experienced real estate profession, I can help you navigate the market and help identify the right property for your families needs. There is not a vast amount of inventory in certain price ranges, but there are still some short sales and foreclosure properties.

The real estate market is dynamic. The Danbury area offers all types of the real estate, so the market is not dominated by one type of buyer (such as luxury, second home,etc). It is a fairly good sized market, with people always going in and leaving, yet there is a still large amount of people who have been living in the area for years.

For determing a commute, I always suggest buyers plug in any perspective new address into goggle maps, and with the traffic field, see how long it would take to get their place of employment. There are some local tips and shortcuts to save time for your commute . You can always get a satellite or street view of the neighborhood. If you feel the property is too far away or you don’t like the neighborhood, we don’t have to arrange for a viewing.  Your budget and commute tolerance does determine the type of property that you would be purchasing.

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Not sure about purchasing or selling your property? Is the right time for you to relocate or relocate out of Greater Danbury? Can you afford to purchase a home or sell your property at today’s prices? If you need assistance in your real estate move , feel free to contact me below.

Jonathan Hall ,Realtor, William Pitt Sotheby’s International Realty- (203)796-7700 | call or text me on my cell phone (203)417-0523
danburyrealestate@gmail.com 
www.danburycthomes.com | www.danbury-condos.com

Just Sold, 41 Skyline Drive in Danbury,CT

goodskylineI recently sold this well maintained cozy cape located at 41 Skyline Drive in Danbury. This property was transformed in a small jewel for the new owners to enjoy. It was a popular listing, due to price range, condition and location. This 4 bedroom two bath home featured hardwood floors in the living room and bedrooms, renovated baths, updated kitchen with stainless steel appliances, granite counters, recessed lighting and tile floor, and improved lower level family room with new carpeting.
Several buyers were interested in this home located in the Shelter Rock neighborhood of Danbury. The home sold in below market time for close to the asking price. If you are interested in selling your home, call me!

Jonathan Hall ,Realtor, William Pitt Sotheby’s International Realty- (203)796-7700 | call or text me on my cell phone (203)417-0523
danburyrealestate@gmail.com
www.danburycthomes.com | www.danbury-condos.com

33 Victor St Danbury CT, Just Sold!

Just Sold, 33 Victor Street Drive, Danbury CT 06810

33 victor

Jonathan Hall representing William Pitt Sotheby’s International Realty, represented the seller of this well maintained all brick 3-4 bedroom home close to I-84.

Carefully maintained over the years by the owner, this home has charm and character. Screened in porch, low maintenance fenced in yard and improvements such as a repointed brick exterior, gas furnace, stove and additional driveway makes the stand out in the crowd.

Price upon request, this sold in in below average market time for close to the offering price. If you are interested in selling your home in the Danbury area, I’d love to hear from you!  

 

Jonathan Hall ,Realtor, William Pitt Sotheby’s International Realty- (203)796-7700 | call or text me on my cell phone (203)417-0523
danburyrealestate@gmail.com
www.danburycthomes.com | www.danbury-condos.com

41 Skyline Drive, Danbury CT Home For Sale!

New Price
41 Skyline Drive, Danbury CT 06810

This 4 bedroom 2 full bath home offers 1624 square feet in a desirable residential neighborhood near I-84, dining and shopping. Located in the Shelter Rock area, this home should be your short list! New value added price at $229,900!
 
Built in 1954, this property has many updates for today’s homeowners. The eat in kitchen features custom cabinets, granite countertops,stainless steel appliances and a tile backsplash. Both bathrooms have been recently renovated with quality fixtures. The windows,roof, furnace, oil tank and hot water have been updated over the last few years.

There are hardwood floors in the living room and all 4 bedrooms. The large master bedroom has a walk in closet. The spacious improved lower level offers the spacious family room which has new neutral carpeting and has been freshly painted.  There is an attached garage, city water and sewer, plus a private .3 acre lot.

MLS#99015251

Jonathan Hall – (203)796-7700
| call or text me on my cell phone (203)417-0523
danburyrealestate@gmail.com
www.danburycthomes.com | www.danbury-condos.com

Great Townhome For in Danbury

1front

One of a kind townhome for rent! Just renovated this year, this 1450+ square foot tri level unit offers 3 bedrooms and 1.5 baths. Main level hardwood floor, new kitchen with stainless steel appliances and granite counters, new carpet in bedrooms, 2 new custom bathrooms and more. Finished basement, garage, gas utilities and central air.

This unit is at 8 Mannions Lane #6 in Danbury,CT, in the South Street/Shelter Rock neighborhood. No pets allowed.This unit is offered $1690 a month,and is available for occupancy on January 15h. Call or email with any questions!
2livingroomwithgasfireplace5newkitchenwithhardwoodfloors9masterbedroomwithwalkincloset11newvanitywithgranitecounter

Jonathan Hall – (203)796-7700 | call or text me on my cell phone (203)417-0523
danburyrealestate@gmail.com
www.danburycthomes.com | www.danbury-condos.com

Realtor | Sales Associate- Greater Danbury and Candlewood Lake Specialist, William Pitt Sotheby’s International Realty

Why Renting in Greater Danbury is Expensive

Renting is not a great plan if you are staying in the same area for more than 3 years.The average rent in Danbuyr is around $1500 a month. Assuming a 5% increase in rent per year, you would be out a considerable amount of money:

Year Monthly Rent Annual Rent

1 $1500 $18000

2 $1575 $18900

3 $1654 $19848

4 $1737 $20844

5 $1824 $21888

Total Rent Paid for 5 years:$99,480

The numbers even become more shocking if you are paying even more in rent.

Year Monthly Rent Annual Rent

1 $1800 $21600

2 $1890 $22680

3 $1985 $23820

4 $2084 $25008

5 $2188 $26256

Total Rent Paid for 5 Years = $119,364

In the same 5 years, if you had a $300,000 loan, lets look at your net worth.

After 5 Years (Assuming 3% increase in value per year):

Appreciation $47,625 to $347,625

Mortgage Balance ($279,163) $20,873 from $300,000

Total Net Worth $68,500

Even a 1.5% Home Appreciation Still Yields $35,000 Net Worth. Stop making your landlord rich. Call me to talk about how you can become a homeowner!

The Benefits of owning include:

Growth of equity over time: Over time, owners have opportunities to build equity and receive a great return on their investment.

Cash access: You can borrow against your equity or turn into into cash when you sell.

Tax Advantage: The interest on your loan is usually tax deductible.

Security: With a fixed rate mortgage, your payments will remain the same unlike rent.

Investment: Owners can make renovations that reflect their personal style and possibility raise the value in your home.