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general info trends

$550K On The Cape

another great post from Jazmine.

What $550,000 Buys You on Cape Cod Right Now

It’s time once again for Curbed Comparisons, where we break down what you can get at the same price point, style or size in eight different Cape and Islands neighborhoods. This week, listings for around $550,000.

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[220 Commercial Street, Provincetown via Realtor.com]

Here now, eight Cape Cod properties asking around$550,000 – year-round, single families, condos, new construction, bulldozer bait, with ocean views, recently renovated, pond front, bay front, all decked out, recently PriceChopped, move-in ready, and ready to rent – with a little something for everyone.

What $550K Buys on Cape Cod, Sept. ’15
BUZZARDS BAY
Kicking off with a 3BR, 2BA Cape with dock on Little Buttermilk Bay. The 2,109sf house sits on .49 acres and is listed for $549,000.
EAST FALMOUTH
Here’s a 4BR, 2.5BA “to be built” on Pickerel Pond. The 1.01 acre lot offers privacy and views for $550,000.
NEW SEABURY
Dive into this Mews A Patio home on a corner lot with its own in-ground pool and one-car garage for $549,000. The one story 2BR, 2BA was built in 1980 and updated in 2014 with “new kitchen and appliances, granite counter tops, new hardwood flooring, both bathrooms completely remodeled, new heating system and AC, new sliders and skylights.”
HYANNIS
This Hyannis listing includes two separate lots, one with a 3BR, 2BA Cape. The 1,954sf house has ocean views from the upstairs bedrooms, has been completely renovated, and just listed for $549,900.
CHATHAM
Built in 1977, this completely renovated classic Cape hit the market on September 1 asking $549,000 and is already in contract. Apparently, that’s what “new roof, windows, heating system, AC, siding, landscaping, new kitchen with granite countertops and bead board, new tiled bathrooms with granite vanities and all new hard wood floors” will do.
ORLEANS
Land ho! This teardown on .58 waterfront acres overlooking Crystal Lake hit the market in July for $549,000 and is already in contract.
TRURO
Here’s a 3BR, 2BA ranch with a renovated kitchen on 1.19 acres. The 2,352sf house was built in 1962 and recently hit the market for $549,000.
PROVINCETOWN
Finally, to Provincetown and a 2BR, 1BA condo with views of Cape Cod Bay. Unit 3 last changed hands in 2007 for $365,000 and is now yours for $549,000.
See all properties for sale at Beachfront-Realty.com.
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architecture general info

Wellfleet Winner


A great house in Wellfleet! From Jazmine a Curbed.com

Sleek Wellfleet New Build Has a ‘Cube Room,’ Wants $649K

 by Jazmine Donaldson

“Special features abound in this stunning Wellfleet contemporary home.” So begins the listing for this sleek Outer Cape new build and we couldn’t agree more. The 2,000 square foot three-bedroom single-family features a unique design and uncommon finishes that are definitely worthy of the Seacoast of Bohemia. On the first level, there’s an open floor plan, a master suite with a “fantastic custom built shower,” laundry room, 8ft sliders to two mahogany decks, a large mud room, and “polished terrazzo counter tops in the kitchen feature beach sand and stones from nearby Newcomb Hollow beach.” While we don’t know if the latter activity was legit, the hyper-local, small batch counters do look rather lovely. Upstairs, there are two more bedrooms and something called a “Cube room,” which apparently offers “great flexibility.” The walk-out basement “offers many possibilities” thanks to its high ceilings and (intentional) lack of support beams. As for the nuts and bolts, there are “top level Anderson windows throughout,” spray foam insulation, and maple flooring with radiant heat. The .71 acre property just hit the market and is asking$649,000.

 

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analytics general info

Real Estate – The Best Investment

Good visual and post from the KCM Crew!

Real Estate Again Seen as Best Investment

Real Estate Seen As Best Investment Again | Keeping Current Matters

We are almost back to ‘pre-housing crash’ home values. The inventories of distressed properties (foreclosures & short sales) are shrinking dramatically. The economy is improving. The job numbers are headed in the right direction.

The big question that still remains: Have Americans regained their confidence in real estate as a worthy investment?

According to a survey conducted by Princeton Survey Research Associates, Americans have put real estate back into first place as the best of all investments.

Here are the results of the survey:

Best Investment | Keeping Current Matters

Bottom Line

Homeownership never lost its place as a key component of the American Dream for a host of financial and non-financial reasons. It is good to see that it has regained the top spot as best overall investment.

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analytics general info

Provincetown Listing Of The Week – 233 Bradford Street #9

Our favorite new listing of the week is 233 Bradford Street #9 – $375,000. It is a light and airy two bedroom condo in the beautiful East End steps from PAAM and the East End Market…more importantly it is mere steps to the gorgeous bay beach.

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This charming top floor condo has two bedrooms, two decks and is a delightful short walk to the bay beach. The open floor plan consists of a living room- dining area – and an open kitchen. There are sliding doors to a sunny private deck right off the living room.. a second deck directly off the kitchen is perfect for morning coffee. There are two separate bedrooms, both with closets and room for queen size beds. There is a large common deck with a grilling area in the rear of the property. A charming path leads to the beautiful bay beach a half a block away. Many recent improvements include new decks, railings, and windows. New driveway, fences and landscaping on west side of building There is private basement storage as well as extra bike storage. Weekly rentals are allowed and pets for owners.

 

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See all properties for sale at Beachfront-Realty.com

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analytics general info

B&T – July Is Best Month for Mass. Home Sales since 2005

BOSTON, August 25, 2015 – The 7,077 single-family home sales in July signaled the best month for the Massachusetts real estate market since June 2005, according to a new report from The Warren Group, publisher of Banker & Tradesman.

By breaking 7,000 sales, July saw the market’s first return to that level in more than 10 years, since the 7,239 sales recorded in June 2005. The big month marked a 24.31 percent increase year-over-year from July 2014, which had 5,693 sales.MAsaleschartJuly15

The median sales price for single-family homes in July 2015 was $359,900, a 1.38 percent increase from July 2014’s median of $355,000. Year to date the median price has been $340,000, a 1.49 percent increase from last year’s mark of $335,000 through July.

“July’s numbers are the result of a very strong spring season and are an improvement over the sluggish start to the year,” said Cassidy Murphy, editorial director of The Warren Group. “A rough winter and pent-up demand turned into a strong spring that is a positive sign for the real estate market throughout the state.”

The condo sales market in July was also robust, seeing 2,794 sales, the most since August 2007. This month’s mark was a 20.07 percent increase from July 2014, which had 2,327. July 2015 supplanted last month as the best month in the eight-year stretch. There were 2,764 in June.

The median condo price in July was $337,500, up 3.85 percent from July 2014, when the median was $325,000. Year to date the median condo price has is $316,685, up .86 percent from $314,000 at this time last year.

Year to date Massachusetts has had 28,745 single-family home sales, a 6.52 percent increase from last year’s total through July of 26,985. There have been 12,132 condo sales through July, a 1.8 percent increase over last year’s year-to-date total of 11,917.

The Warren Group has recorded and tracked real estate transactions since 1872. The fourth-generation family-owned company uses its long-time leadership in Boston real estate and banking information to produce specialized reports and printed publications, including Banker & Tradesman and The Commercial Record.

With more than 140 years as a local business leader, The Warren Group has developed relationships with a variety of industry leaders and trade groups, including bankers, mortgage brokers, credit unions and lawyers. Working together with our partners, The Warren Group organizes trade shows and industry events, including The Bank Summit, coming in October.

For more information about The Warren Group, visit www.thewarrengroup.com.

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architecture general info

Provincetown Sale Of The Week – 10 Snows Lane #3

10 Snows Lane #3 is the perfect condo – standalone, beautifully designed  and brand new. It is a 1 bedroom, 2 bath home on two floors with 853 square feet.  It sold for $595K.

 

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MLS COPY: Standalone condominium rebuilt from ground up.Contemporary in design with classic workmanship. This home gives the wow feeling from the moment you enter. Spacious and saturated with light, this one bedroom home has living on two levels, and includes a full bath and a half along and an outdoor shower. Fine finishes including wood floors, custom millwork, coffered ceilings, media wall,stone tile work and much more. First level is the living area, with working kitchen,bi-level bfst bar and an oval gas fireplace. There are high ceilings, and an open staircase leading to the master bedroom with cathedral ceilings.The master bath has double vessel-sink vanity and a glass enclosed shower.Outside the home there will be a stone patio. Parking-2+ cars, CAC. Property is located about 3 blocks to Commercial St. Buyer assumes sewer betterment.gs, and an open staircase leading to the master bedroom with cathedral ceilings.The master bath has double vessel-sink vanity and a glass enclosed shower.Outside the home there will be a stone patio. Parking-2+ cars, CAC. Property is located about 3 blocks to Commercial St. Buyer assumes sewer betterment.

 

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See all available properties for sale at BeachfrontRealty.com.

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analytics architecture general info

$575,000 On Cape Cod

Another great curbed CURBED COMPARISON from Jazmine.

What $575,000 Buys You on Cape Cod Right Now

by Jazmine Donaldson

It’s time once again for Curbed Comparisons, where we break down what you can get at the same price point, style or size in eight different Cape and Islands neighborhoods. This week, listings for around $575,000.

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[335 Oak Street, Harwich via Realtor.com]

Here now, eight Cape Cod properties asking around$575,000 – year-round, single families, a multi-family development opportunity, bulldozer bait, with a customnatural swimming pool, wicked woodsy, pond front, cove front, lakefront, all decked out, recently PriceChopped, move-in ready, and ready to rent – with a little something for everyone.

What $575K Buys on Cape Cod, Aug. 2015
EAST SANDWICH
Kicking off in Sandwich with an updated 4BR, 3BA Cape “on an acre-plus level lot with a custom natural swimming pond.” The cool pool and 3,196sf house first listed in March for $595K, but are now hoping for $575K.
EAST FALMOUTH
“Situated on a bluff overlooking Coonamessett Pond, this large ranch enjoys nearly a full acre of privacy and stunning views.” The 3BR, 2BA features a 30′ screened porch and is located Lochstead, a gated community with a swimming pool, clay tennis courts, pond front beaches, and a Manor House.
NEW SEABURY
“This darling little waterfront contemporary has great big views of Ockway Bay and access to Nantucket Sound.” The 3BR, 2BA with potential for a dock first listed back 2013 for $729K and is now finally in contract.
CUMMAQUID
This potential bulldozer bait, a 3BR Gambrel with a pool, sits on 2.06 acres overlooking Flax Pond. First listed in December 2014 for $499,900, an April priceupper brought the ask to $575,000.
HARWICH VILLAGE
Built in 1966, this 3BR, 1BA “pond front paradise” is now on the market for the first time. The .8 acre spread features 295 feet of exclusive waterfront, indigenous pines, oaks, “and a cushy sloping lawn of moss and native grasses.”
CHATHAM VILLAGE
“Set back off the road this home offers panoramic WATERVIEWS with ever changing natural setting including amazing birdlife and occasionally the graceful Lovers Lake Swans!” Beyond the swans, there’s also a 3BR, 2BA on .74 acres.
WELLFLEET
In addition to a charming address, this 3BR, 2BA offers “fantastic views” of Drummer Cove. Best of all, “the Wellfleet Conservation Trust owns much of the land along the Cove for everlasting enjoyment of the views and there’s hiking along the water’s edge.”
TRURO
Finally, to a Truro development opportunity. “Current owners received Cons. Comm & BOH approval for five, two bedroom units on this property.” One unit could be year round and the rest seasonal.
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$1M Median Prices In Boston Area Towns

Interesting story from Scott detailing the rise in median prices in metro Boston.

The 9 Boston area towns where median home price has hit $1M

 By Scott Van Voorhis

The median price of a single-family home has shot past the $1 million mark in several cities and towns across the Boston area during the first half of 2015, the latest real estate stats show.

Nine communities, from urban Cambridge to bucolic Lincoln, have seen their median home prices hit seven figures as demand for brand-name location combines with a shortage of homes for sale to drive up values.

Concord saw one of the biggest gains, with the median home prices in the historic town hitting $1,050,000 after a 24 percent leap this June compared to the same month a year before, the Massachusetts Association of Realtors reports.

Median prices in Winchester and Newton both rose by more than 20 percent, hitting $1,090,000 and nearly $1.2 million, respectively.

Brookline had the highest median price of any community in the state, weighing in at $1.6 million, followed by CambridgeWeston and Lincoln, all at $1.4 million, according to MAR.

Wellesley followed at $1.2 million and Belmont at an even $1 million, with Lexington just under the $1 million mark, down at $965,000.

Other cities and towns posted impressive gains as well.

Somerville saw single-family prices skyrocket in June by over 50 percent, to $855,000. Through the first six months of the year, Somerville prices weighed in at a still lofty $621,600, the real estate group reports.

Condo prices in Somerville rose 12 percent through the first half of the year, hitting $552,500.

Bedford saw home prices rise 20 percent, to $785,000 in June, according to MAR.

Overall, sales and prices were up markedly across the state in June, making it the best month since August 2005, back during the last real estate boom, noted Tim Warren, chief executive of real estate market tracker and publisher, The Warren Group.

“We are seeing the early results from a strong spring market,” Warren said in a press release. “It is a remarkable showing after a prolonged slump and a sluggish recovery extending over the past 10 years.”

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general info

Parking In Provincetown = Pricey!

Interesting post by Jazmine at Curbed.com. There is lots of demand for parking in our little fishing village.

Provincetown’s Priciest Parking Space Wants Six Figures

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Compared with the price of parking spaces in Boston or —gasp!—Manhattan, this Provincetown spot is a virtual steal. Alas, as far as Cape Cod is concerned, the six figure asking price for a place to park is still pretty mind-boggling.

While PTown is the Cape’s best neighborhood for going car-free, not everyone arrives by boat, bus, bike, ferry, plane, or gyrocopter. Hence, there’s a very tight parking situation, making this tandem spot at 5 School Street look really rather dreamy.
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Gorgeous, right? The “Unique Parking Space Easement in the West End near Commercial Street” can accommodate two cars and is asking$100,000 with a condo fee of $50.

Categories
architecture general info

Provincetown Listing Of The Week – 7 Carver Street

7 Carver Street is a two family home with a total of 4 bedrooms, 5 baths and 2,818 square feet It is being marketed for $1.849.

 

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MLS COPY: Luxurious 4 bedroom 4 and 1/2 bath home sits atop the hill on Carver St. It is a legal two family but easily lives as a single family; a custom movable bookcase is used to separate the homes. The front home has a large bright living room with a fireplace & south facing windows, two bedrooms & baths upstairs, the master has French doors to a private deck with bay views and a bath en suite. The back home has a formal entry through the rear gardens, an open living area with a custom kitchen and gas fireplace. The master bedroom has French doors that open to the gardens & a custom en suite fully tiled bath with double vanity, shower & spa tub. Upstairs is a guest bedroom with a private deck with views, tiled bath and study. Hickory floors throughout the living areas, custom built-ins, fully tiled baths are just a few of the amenities.

 

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See all available properties at Beachfront-Realty.com