How to have someone else pay for your home!

Posted on August 08, 2015

I’m going to show you one way your future (retirement?) home can be paid for by others, while you hang out doing what you want to do now. Let’s say you might want a condo in the future – you know, close to town, shopping, lake, bike path, etc – and someone else cuts the grass, shovels snow, etc., etc.  Eastwood Commons in South Burlington could be a great fit.  You’re not ready yet, but are thinking it might be nice to plan ahead.  If you have a down payment, and are OK being a small time landlord, let me show you how sweet it can be. We just listed a 2 bedroom condo in Eastwood Commons II.  Very nice, 2nd floor, nice green view, balcony, fitness center, central heat and air.  And it is a  rental – important because they cap the number of rentals as do most condo associations now, and so this is one that can be rented. Important fact, and a valuable commodity.  Rents today for around $1700. Priced at $244,900. Let’s say you put 20% down, you get a 4% mortgage, 30 year fixed –  your payment will be about $950/month. Taxes run another $400/month and your Homeowners Association about $275.  Total out of pocket = $1625. Rent $1700.  Out of pocket to own your future home = about $0!  It’s more complicated of course than that, but that’s the math in a nutshell.  Your circumstances affect it, things can happen etc., etc.  But that’s how people do it. In 5 years, your tenant(s) will have paid down your mortgage almost $20,000. In 10 years – over $40,000!  Where might you want to be in 5 or 10 years?  Are you starting to plan ahead?  With 4% interest rates looking to start their rise – now’s the time, and this is an awesome find.  Give a call and let’s talk about how we can help,and let’s do the math together.  802-863-9100. Read More >>

Paulines Way, Colchester New Build Homes

Posted on July 30, 2015

Have you been thinking about buying a new build home?  Wondering how it works and decisions you’ll need to make, financing, etc?  You’re not alone as the last few years have seen a large uptick in new homes being built in and around Vermont’s Chittenden county.  Here we offer one of the newest small developments to come on the market so far this year in Colchester.  Well priced at $376k for the 3 bedroom unit, and $445k for the 4 bedroom option, these are homes we think you should consider.  Built by the award winning BlackRock Construction, they’re a great value, in a location between Mallets Bay and downtown Burlington.  There are two 1/2 acre plus lots left and both are permitted for 4 bedrooms, so you’ve got options for style, size and price.  Both include granite counters and GE stainless steel appliances, 2 car attached garage, master suites with walk in closets and more.  And all brand, spanking new! Here’s a partial list of what else comes your way, on Pauline’s Way: A full, 9′ basement with a 4’x5′ egress window; 30 year Architectural shingled roof;  tile/perimeter drain around the entire home; doors with brushed nickel hardware;  basement exterior walls studded and ready to finish;  Benjamin Moore paint;  Maple rails and post stairs;  You choose from Birch, Maple or Oak floors, 20 tile selections; 8 granite counter options to pick from;  GE Stainless Steel kitchen package;  Vermont Lamp and Shade brushed nickel light fixture package;  Vermont Custom Closet wire rack systems. If you’d like to talk about how this comes together, and are thinking you’d love to be the first owner of your home, and in before the year is over – contact us and let’s show you how it’s done, in an awesome spot, by an awesome builder!  Click here for more.       Read More >>

Spruce Street Gem, Burlington

Posted on July 27, 2015

Spruce Street is one of those streets in town – close to town, on the hill, with just a little more airy feel to it.  It’s not much of a through street as there are easier ways to short cut your way up and down that part of town.  Maybe a little quieter as a result, a little more relaxing. And on that street sit some beautiful homes, some fabulous lots, and in the case of our newest listing in downtown, a classic gem of a home on a great oversized of hill section.  A wrap around porch as you head toward the front door, with western views invites you to sit and enjoy life, Burlington and Vermont. Many a local theatrical piece was hatched inside the home over the years, and you will find the architecture and design to be pleasing, classic and ready for you to put your creative juices to work.  We won’t sugarcoat it – it’s time for your updates and upgrades from the walk up attic to the ground floor, and so is priced accordingly. There are larger homes and smaller homes, and more recently renovated homes in town, but this is a special place – ready for it’s next round!  Perhaps that’s you? Call Mike for your early appointment to see it.  802-363-3356. Read More >>

Burlington Victorian duplex on Green Street

Posted on July 13, 2015

Green Street is just a couple minutes from the heart of downtown Burlington, and retains a good number of well preserved Victorians – both single family and multi-family investment properties. This home has been in the same family for most of a generation, first as a single family home where the kids all grew up. In it’s later years, the home was converted to a legal duplex and has served as the owner’s home, with the addition of rental income. Now on the market for your consideration and a wonderful addition to your portfolio, or jump in as an owner occupied home. Property in town is very, very hard to acquire these days! This one at $375,000 has great numbers for the investor, adn even better for the owner occupied!  Check it out here now! Read More >>

South Burlington, VT: Rare Laurel Hill Duplex...

Posted on June 23, 2015

20 Laurel Hill Drive, Burlington, VT- $300,000 It all starts with a daydream and the right opportunity. This duplex in the coveted  Laurel Hill neighborhood knocks owner occupied investment potential out of the park! Interior meshes  cool & warmth together nicely. In the 3bedroom 2 Bath unit gleaming newly refinished hardwood floors greet you upon entry.  Inviting livingroom features a picture window and woodburning fireplace. The kitchen in centrally located for easy entertaining. In the bonus room will love the exposed brick, skylights, french doors, and the slider that opens to the  patio overlooking your very private backyard. The 2 bedroom 1 bath apartment  is a natural for income generation.  Of course there are countless uses for such a sizable space! Guest suite? airbnb? Mega media center? Studio? Office? Start your startup? What are your daydreams? Give us a call at 802.863.9100 to view     Read More >>

Jericho, VT: This house is like, woah...

Posted on June 12, 2015

 58 Snowflake Dr, Jericho, VT 2bed/2bath /1,994sqft/ $275,000 Lovingly curated and painstakingly collected, this gorgeous house is filled with fine furnishings and a decorator’s touch.  And every detail is perfect. You may feel that you are on a constant vacation in this placid resort inspired spot. More refined than rustic, the enchantingly elegant pool area proves that interiors aren’t the only inspired spaces. Custom outdoor furnishings can convey. Step foot in this one-of-a-kind retreat and you may not want to leave. Seller is a VT realtor. Contact us at 802.863.9100 to schedule a showing     Read More >>

Burlington, VT: NNE affordable AND updated home!

Posted on June 03, 2015

105 Saratoga Ave, Burlington VT Looking for that special home with a great mix of updates and character…this is the one! You’ll love the charm of the original hardwood floors and beautiful arches while you relish the peace of mind offered by the brand new roof, Pella windows, and updated electrical (5 yrs young). Enjoy this summer in the privacy of your own backyard which abuts the Winooski Park District. Close to bikepath, public beaches, parks, shopping, schools and just minutes to downtown. The chic New North End location is a great value. See it while you still can! Click for details and all photos     Read More >>

Essex, VT: Custom home with 11.53 acres

Posted on June 02, 2015

6 Brigham Hill Rd, Essex, VT Timeless architectural design best describes this to be built home in Brigham Heights. The stunning floor plan has all the amenities and flexibility a new home should offer! Granite, hardwood, tile, custom cabinets, stainless steel appliances, spacious master suite, 9′ ceilings, designer colors, etc. Close to great schools, Essex Country Club, and Indian Brook! The french doors in the dining room will perfectly frame the landscape of your immense 11.53 acre lot. Beautiful master suite w/soaker tub, 2 additional nice sized bedrooms and 4th bedroom (or bonus room). 2470sqft of finished space w/ additional unfinished space above the 22×22 garage which could be a studio, office , play area, or…Unfinished basement allows for further expansion of your home now or in the coming years. Want to switch it up a bit? Builder will work with you to create the custom home you desire. Discover why Blackrock Construction has earned a reputation for quality. Click for Spec Sheet Click for details and pricing Read More >>

Colchester, VT: Your private dock HERE!

Posted on June 02, 2015

385 Broadlake, Colchester VT Lake Champlain craving? Check. This spacious home offers water views and the perfect deck setting for early morning coffee or after-dark, apres-lake cocktails. Your right of way to the water includes rights for a private dock. This lovely lot is adjacent to Airport Park, and the bike path. Connecting with nature is easy here. Charming rock garden lends great curb appeal as soon as one enters the drive. Inside you will enjoy a well planned kitchen with double wall oven and gas cook-top. This eat-in kitchen opens up to the deck giving additional convenient entertaining space. Each generously-sized bedroom has ample closet space. The master suite is secluded from the other bedrooms to allow for more privacy. Imagine all the ways to use the bonus space in the basement- it could be guest quarters, a den, a sewing room, spot for the band, a studio, or even a media room. Absolutely ready for you to move in. This is a must see property… Click for more details and up-to-date pricing       Read More >>

Underhill, VT: Colonial with views for days!

Posted on May 13, 2015

151 Stevensville Rd, Underhill VT Idyllic natural setting, with views of Mt Mansfield, nearby swimming hole, hiking and ski trails, provides the stunning back drop for this lovingly maintained and meticulously cared for home. This colonial offers 4-5 bedrooms, 2 full baths, beautiful established landscaping. The picture perfect surroundings will inspire you from sunrise in the master bedroom to sunset on the spacious deck. If you are looking for the Quintessential VT home to retreat to this is the one! Click for additional photos, pricing, and details   Read More >>

Jericho, VT: Charming home

Posted on May 12, 2015

62 Sunnyview Dr, Jericho VT This adorable cape will have you feeling at home immediately. You’ll be greeted by the welcoming covered porch  before entering this 3 bedroom 1 bath charmer. Outback you’ll find an expansive yard, shed, and deck. Click Here for Details     Read More >>

Essex, VT: Updated 5 bedroom home on a dead end street...

Posted on April 28, 2015

19 Rustic Drive, Essex ,VT: Spacious 4+ bedroom 3 bath home situated on a wooded lot in desirable Essex neighborhood at the end of a dead end street (quiet). Lots of updates! Click for details Read More >>

Burlington, VT: 3 Bedroom New North End Home...

Posted on April 28, 2015

36 Clover Lane, Burlington VT: Here is your sneak peek at this absolutely charming home. 3 BR. 1 BA, 1-car GA, 1,702 sq ft, nice family room addition located on quiet street in New North End of Burlington close to Beltline. $260,000 Call 802.863.9100 to see it first! Read More >>

South Burlington, VT: Central location!

Posted on April 20, 2015

3 Logwood Street, South Burlington ,VT: Well priced property in a central location. This updated home experienced a full kitchen remodel in 2010. Lovely bamboo floors span the 1st floor common areas. In the lower level you will find extra living space complete with a 3/4 bath. Additionally, the newer roof, windows, and siding give this home great value. Click for details and all photos    Read More >>

RED Day 2015: We're putting in some sweat equity at Camp Ta-Kum-Ta

Posted on April 15, 2015

On May 14th our team will celebrate RED DAY by giving back to our community. We will be digging in to the soil and helping to green up Camp Ta-Kum-Ta. This wonderful camp allows  Vermont and Northern New York children who have  or have had cancer in their families to enjoy a camp experience.  Find out more about this wonderful organization HERE.   Read More >>

Market Update for Northwestern Vermont

Posted on April 15, 2015

We’ve said it before…and we will say it again. Real Estate is about Life. If you want to know what is going on in your state, town, or even in your neighborhood look to see what is going on in the Real Estate Market. If you know what to look for there are great insights to be gained. This page will always contain the most up to date stats for Northwestern Vermont.  You can come back again and again As always should you ever have any Real Estate related questions feel free to give us a call 802.863.9100. We’re here to help! March 2015 February 2015  January 2015 December 2014 November 2014 October 2014 September 2014 August 2014 July 2014 June 2014 May 2014 April 2014 Read More >>

South Burlington, VT: Priced below appraisal!

Posted on April 14, 2015

5 Barber Terrace- South Burlington, VT-   $259,900 This charming cape offers 4 large bedrooms. Recent updates include a dining room and kitchen addition and large deck which overlooks the sprawling fully fenced backyard. Tastefully remodeled bathrooms with upgraded finishes. The finished basement gives you more home to enjoy. Brand new architectural shingle roof adds to the value of this fantastic buy. CLICK HERE for all photos and details     Read More >>

Colchester, VT: 4 bedroom move-in ready home ...

Posted on April 02, 2015

124 Rudgate Rd Colchester VT Click Here for all photos and details Located in one of Colchester’s highly sought after neighborhoods, this awesome split ranch is in turnkey condition. Beach rights come with this spacious 4-bedroom, 3 bath gem. Recently remodeled kitchen with granite countertops and newer appliances, new 4-season sun porch and deck, newer furnace, and windows. New architectural roof to be installed prior to closing. You’ll enjoy the fruits of the mature raspberry and blueberry bushes, grape vine and apple tree on the property. This is a great neighborhood, close to I-89, shopping, schools, 10 minutes to DT Burlington. Walking distance to Airport Park baseball fields. Nothing to do here just move right in. Call 802.863.9100 to arrange a viewing.   Read More >>

Essex, VT: A home with all the extras...

Posted on March 27, 2015

 CLICK FOR ALL DETAILS 11 Windridge Rd, Essex, VT Your exclusive preview of a gorgeous Tudor home about to hit the public market Call us at 802.863.9100 to find out how you can see it first! 4 beds 2.5 baths 2847 sft Chef’s kitchen Fireplace Game room Walk-out basement 2 car Garage Neighborhood pool membership option        Read More >>

New to the market: Burlington, VT Hill Section Home

Posted on March 19, 2015

Warm and inviting… This Hill Section Garrison Cape offers the private feeling of country living, in the heart of the City. Triple city lot over a half acre, nestled in a tucked away corner of town, yet steps to UVM, Hospital & Downtown. Convenience and privacy. Built by Wright & Morrisey in the ’30’s, thishome offers old world charm, plus features coveted by today’s home owner. Separate master suite upstairs w/ double sink & tiled bath. First floor bedroom w/ private full bath offer options for now & the future. The kitchen opens into the dining room, with it’s wall of windows and access to back porch & yard. A double living room w/ fireplace will handle any size gathering, & provides access to south facing greenhouse. Grounds include large level yard, stone wall, front walk, and an oversize shed. Beautiful landscaping & trees, with peeks of the Adirondacks to the west that will draw you out back to relax into the summertime evening. A classic, warm home – and a fabulous find in Burlington.  For full details & all photos CLICK HERE          Read More >>

Mike Conroy

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