Vermont

Considering Renting Your Stowe Area Home?

Stowe has seen condominium sales, and prices, rise significantly in the last two years. Much if this is attributed to the announcement of Vail Resorts purchasing Stowe. The popularity of websites such as Airbnb and VRBO have created a new market for condominium and single family home owners to rent properties when not in use, or make investments as income producing properties. If you are thinking about purchasing and renting, or are already doing so, there are some important things you should know to ensure your and your renters safety:

  • Make sure to contact your insurance agent to include extra coverage for renters
  • Make sure to have the proper smoke and carbon monoxide detectors installed. In Vermont photoelectric smoke detectors are need to be in every sleeping room
  • A rental property falls under Vermont State safety requirements, so you will need to have a Fire and Safety inspection. For more information go to the State website here: http://firesafety.vermont.gov/

Please feel free to contact us any time regarding any questions you may have about anything that may relate to investing in properties, and/or renting.  The Town of Stowe is in the process of adopting some of these, and additional rules and regulations, so we can update you as well as guide you through this process, along with providing any key contacts to ensure your property is up to code and regulation.

Effective Improvements for a Faster Sale

Effective Improvements for a Faster Sale

 

You have decided to sell your home, and you are eager to sell it ASAP! Here are the ways to efficiently and effectively improve your home for a speedy sale.

 

You have decided to sell your home, and you are eager to sell it ASAP!  You need to move or want those proceeds immediately, but how? Let’s go through the best ways to efficiently and effectively improve your home for a speedy sale.

First, curbside appeal.  This is the first thing every potential buyer sees so make it stand out!  Some suggestions:

  • Hire a gardener to clean and spruce up the entrance
  • Remove superfluous items from the front of your home, i.e. garbage cans, strollers, etc.
  • Put a fresh coat of paint on your home’s exterior

Second, this is the time to clean and eliminate all clutter inside your home.  Here’s how:

  • Give away extra toys, clothes, and anything else that makes it look crowded or disorganized
  • Organize the kitchen countertops and closets
  • Place bulky items in storage

Third, landscaping matters.  A large yard cannot shine if the plants, grass and trees are in bad shape.  Try the following ideas:

  • Artificial grass-this always looks amazing and eliminates the need for maintenance
  • Tie orchids around the trees, plant fresh flowers and maintain the grass and trees

Fourth, look under the hood.  Make the inside of your home look as good as possible.

  •  This is the time to do some of the minor repairs you have been putting off.  This will make your home look better and may eliminate certain issues during the Inspection Period.
  •  Yes, it seems expensive or time-consuming.  However, if you hire a professional company, this can truly make the difference and get you more money in less time.

Finally, hire a professional, licensed realtor.  A realtor with experience and expertise can help sell your home quickly for the best price.   

Stowe Area Market Is Moving

The Stowe Area Market Is Moving

  • 5% Increase in the Average Sales Price of a single family home in 2017
  • 63% Increase in Condos sold in 2017
  • 40% Increase in Land sold in 2017
  • Coldwell Banker Carlson Real Estate represented 29% of the Stowe area market in 2017

We don't just list your property, we enhance and promote your listing with the latest available technology and we get it sold.

Call us today for a consultation on your property and list with us.

802-253-7358

info@CarlsonRealEstateStowe.com

Making Sense of some of the Tax Reform Changes

There have been a lot of questions surrounding the recent tax reform bill that was passed in Washington.  The National Association of Realtors had a lot of influence relative to the impact on aspects having to do with real estate, and managed to help protect essential and important homeowner benefits such as the exclusion for capital gains on the sale of a home, and the mortgage interest deduction for primary and secondary homes.  Those and other last minute changes to the Tax Cuts and Jobs Act of 2017 are as follows, in easy to understand terms:

  • Capital gains exclusion. In a huge win for current and prospective homeowners, current law is left in place on the capital gains exclusion of $250,000 for an individual and $500,000 for married couples on the sale of a home. Both the House and the Senate had sought to make it much harder to qualify for the exclusion. 
  • Mortgage interest deduction. The maximum mortgage amount for households deducting their mortgage interest has been decreased to $750,000 from the current $1 million limit on primary and secondary homes. The House bill sought a reduction to $500,000. 
  • State and local tax deductions. Both property taxes and state and local income taxes remain deductible, although with a combined limit of $10,000. Both the House and Senate bills sought to eliminate the state and local income tax deduction altogether. 
  • Pass-through entities. The bill significantly reduces the effective rate of tax on business income earned by independent contractors and income received from pass-through entities. This change will potentially lower the taxes of these types of professionals.

We will be publishing more information as it is made available, as the professionals and experts continue to decipher myriad details of the bill.  

  Source: National Association of Realtors  

Somebody To Love

Coldwell Banker has gone against the grain in the real estate category by highlighting the emotion rather than the transaction of home buying. There are no realtors shaking hands with new owners over a “sold” sign to be seen.

The advertising agency Siltanen & Partners in their award winning commercial tells the story of two lost souls finding each other at a pivotal time. The result is heartwarming on the grab-a-tissue level. Animals rescuing people, just as much as the other way around, isn’t a new concept for ads, branded content and PSAs. But it’s no less affecting in this case.

Ralph Waldo Emerson most notably penned the phrase “A house is made with walls and beams; a home is built with love and dreams.”

While a roof over our head provides shelter, it is the love inside the home that makes it a refuge. While the walls of a house protect us from the elements, it is the love inside the home that protects us from everything else. While the foundation of a house keeps our feet out of the mud, it is the love inside the home that carries us over all of the other obstacles in life.

At Coldwell Banker, our calling is to help people find a place to call home, and if love is what makes a house a home, we wanted our campaign to highlight how even the smallest of things can fill it with love. This year our campaign was created to remind everyone that home is the place where love resides, and those looking to add more love into their lives need only look at adding a small addition to it – a four-legged one.  A dog’s unconditional love, eternal forgiveness and innate ability to help you melt the day’s stress away is what can turn any day, regardless of its troubles, into a joyful occasion upon entering that front door.

The physical and emotional shelter that home provides is one of the single greatest investments anyone can make, and adopting a dog into it makes it even more valuable. Find out how you can help find homes for adoptable dogs through the Coldwell Banker Homes for Dogs Project at coldwellbanker.com/homesfordogs or locally at North Country Animal League (NCAL) our local shelter.

Whether love is represented by family, friends, passion or even a furry friend, we hope your home is filled with “Somebody to Love.”

 

 

The Gift of Giving

Most members of our community are touched everyday by a nonprofit organization in some way. Nonprofits build vibrant, sustainable communities, promote health and safety, celebrate and support the arts, and help protect our planet for future generations.

This holiday season there are many ways to show your support to the organizations that make our communities strong, whether you choose to contribute financially, or by volunteering.

The following are local organizations that Coldwell Banker Carlson Real Estate and/or our agents have been involved with or, there is always the charity of your choice.

"We only have what we give" - Isabel Allende 

The Gift of Giving

Stowe Vermont's Growing Luxury Market

Vermont's Day in the Sun. 

When you think of the most luxurious and renowned ski destinations in the nation, Aspen and Deer Valley probably come to mind. If Stowe is also on your list, your awareness of the country’s skiing hotspots is impressive. This northern Vermont town is de rigeur, and increasingly attracting ski aficionados seeking premier mountain conditions. But, for real estate buyers looking to purchase homes in the area, the slopes are only the beginning. What follows is an eye-opening journey through Vermont’s most vibrant towns awakening to an influx of investment and new development.

http://blog.coldwellbankerluxury.com/vermonts-day-sun/

 

Kids Bike Safety Day

Kids Bike Safety Day! Join us Saturday 5/20 from 11-1pm

Bike safety checks, Kids Obstacle Course Race, Youth Ride in Cady Hill Forest, free Ben & Jerry's ice cream, goody bags. 

Located at Gale Recreation Center (behind Stowe Elementary School).

 

Sponsored by Coldwell Banker Carlson Real Estate, Stowe Parks and Recreations, Stowe Mountain Bike Club and Let's Get Outdoors.

2016 Year-End Real Estate Market Report

Welcome to the Coldwell Banker Carlson Real Estate Market Report. Our 2016 Year-End examination of the real estate market in the Stowe area uses market-wide data based on transactions that closed in 2016 in the Multiple Listing Service; and compares them to sales that took place during 2015.  

In 2016 the Stowe area market generally reflects that of the broader market throughout Vermont, and much of the nation. The housing market in general remains one of the strongest underpinnings of the overall economy.

Residential sales were back on the rise, and by the end of Q4, they were up by as much as 28%. The total was 91, as compared to 71 by the end of 2015.  This is the largest number of residential sales seen since 2004, with the sub $500K price range leading the way with 56% of the market share.

The overall inventory for Stowe residences dipped again, this time by 23%, which equates to an 8 months’ supply.  The lack of inventory varies though, in different price ranges, which will be addressed in more detail further into this report.

Coldwell Banker Carlson Real Estate, once again, holds the largest market share of sales of any single office in the Stowe area. Whatever your real estate needs are in the coming year, CBCRE is the market and technology leader, and we are always there to share every resource we have available, for you to benefit from.

We hope you find our Year-End Report helpful; and welcome any questions you may have regarding it.  

Click Here for Complete Report

 

 

 

 

Realtor of the Year - Jeff Beattie

Coldwell Banker Carlson Real Estate is proud to announce that Jeff Beattie, has been named REALTOR® of the Year for the Lamoille Area Boards of Realtors! This award recognizes those who have served not only the real estate profession but also their communities.  Winners are chosen based on REALTOR® Spirit, participation in civic activities; including service clubs, charity, fraternal or religious groups, notable business accomplishments and association activity.

In addition to Jeff’s roles as a Director and Past President of the Lamoille Area Board of Realtors, he has served on the Regional MLS Board and the Vermont Association of Realtor’s Forms Committee. He is always ready and willing to reach out to newcomers to the field of Real Estate to help guide them through the pitfalls of laws and regulations.  He embodies good real estate practice and is a contributor at many membership meetings instructing on particular issues or problem areas.

He presently heads up the mentoring program for the Hyde Park Elementary School and has been a Habitat for Humanity volunteer.  He has volunteered for many children’s sports activities including Little League, soccer and basketball as his children were growing up.