Julie Starr

What's with the Low Inventory of Homes for Sale in Northampton?

LOW INVENTORY OF SINGLE FAMILY HOMES FOR SALE

According the the MLSPIN (Pioneer Valley chapter of MLS), there were 61 single family homes listed for sale between March 1st and May 1st of 2016 alone. Here we are in mid April of 2017, and there are only 45 single family homes on the market in Northampton. Some of these are new construction opportunities, and some are already under agreement. 

Pictured Above, 32 Liberty Street in Northampton, MA

Agents within our office have anecdotes of packed open houses, with multiple offers being submitted and buyers being outbid on the few houses that have come on the market this spring. This article from realestate.boston.com confirms that housing inventory in Massachusetts is at an all-time low.

Whatever the factors are behind the dearth of new single-family listings - the fact is that now is a great time to sell! Buyers are eager to buy, interest rates are still low. So, if you are a seller thinking about possibly selling your home - the first step is to reach out to your agent to find out what our opinion of market value would be. There is no question that the demand is high, and many houses are selling for above asking price in this climate. Contact us today to set up your comparative market analysis!

The Joys of a Properly Finished Basement

This time of year, better known as the "spring market" to Northampton Area realtors, we find ourselves showing a lot of houses to potential buyers. With all of the rain we've been having, the dryness (or dampness) of a basement is at the forefront of the minds of home buyers. There are many factors that can add to or take away from the potential livability of a basement space. Inheriting moisture problems from a previous owner is something one hopes to avoid when purchasing a home. 

A few years ago, friends of mine purchased a ranch in Florence. It was in solid shape, with a damp basement. They intended to ultimately turn the basement into living space. The advice they received from their contractor was to demo the space and live with it for a year to see if/where/when/how water was getting into the basement. This was great advice! They eventually found an area where water was seeping in - not from below ground, but from the outside. They put in a perimeter drain, and diverted the downspouts from the gutters away from the house. Presto! No more water in the basement. Now they have begun the project of finishing their basement properly. 

The article below, from the RAPV newsletter, gives good advice about how to properly finish a basement.

How to Finish Your Basement Right!

 

Like most things, planning a basement renovation is easier when you have all the right tools at your disposal. Read on to learn about a few tips and tricks you can use to make your project as quick and inexpensive as possible.

Tip #1: Find a good contractor.

Finding an experienced contractor can help make the renovation proceed as smoothly as possible. The contractor will be able to help you acquire all the necessary building permits that might be required by your city. This person's business network and connections can also be a huge asset when you are arranging subcontractors to help you with specific parts of the basement renovation. 

Tip #2: Choose the right materials.

You will have to order or purchase the building materials for each phase of your basement upgrade, and it is important to make sure you choose the best materials for the job in every scenario. A good contractor will be able to help you make the right decisions about each of your building materials. 

Tip #3: Increase airflow.

The basement tends to be the coldest room in the house. Many homes have the furnace at one end of the basement, making the opposite end chilly by comparison. Consider installing ducts with an in-line fan in order to even out your basement's temperature.

Tip #4: Check for signs of possible water damage.

Before you proceed with the renovation, check the foundation for cracks and check the basement floor for any pools or drips. Repairing any potential problems before you begin to renovate can save a lot of time and money down the road. If you live in a particularly damp climate, you might want to consider adding a vapor barrier before sealing off your walls and floors. Another way to reduce moisture in your basement is to offset the interior walls from the home's exterior walls. This can be done using thin strips of wood or metal, and can also be used to balance out an uneven exterior wall.

Tip #5: Add additional insulation.

Most basements are not as well insulated as the home's other levels, so if you are planning to start spending more time in the basement, it might be a good idea to add some extra insulation to your basement's walls.

Tip #6: Sand down your ceiling joists.

Many older homes have ceiling joists that are beginning to sag, and this can cause problems if you are installing a new ceiling in your basement. Sanding or planing these joists can help make your ceiling appear as smooth as possible. You can easily do this yourself by using a level and an electric sander. 

These basic steps can help give your newly finished basement a solid foundation to grow from and become an integral part of your family's life.

Two Elegant Homes For Sale in the Smith College Neighborhood of Northampton, MA

Spring is upon us, and, as per usual for the *spring market*, we are starting to see more houses on the market in Northampton and the surrounding areas. There are a handful of grand, high-end houses available right now for buyers who are looking in the $1,000,000 and above price range. We have two listings in the Smith College neighborhood which fit the bill! Spacious, elegant, glorious homes within walking distance to Northampton Center. 

91 Round Hill Road :This superb and rare top-tier property was built in 2008 and is located in the most desirable Smith College neighborhood, moments to the rich cultural, dining and shopping attractions of downtown Northampton. Extraordinary level of quality and finish throughout with dramatic architecture featuring a soaring two-story entry way, columns and arches, cathedral-ceilinged open kitchen, dining and great room with a grand stone fireplace. Magnificent chef's quality kitchen with double Wolf stove. Illuminated tray ceilings in the foyer and dining room, main floor master bathroom with a Japanese soaking tub and whimsical curved shower. Elegant office with wood paneling and fireplace. The lower level contains 2 more bedrooms and an open plan kitchen and living room ideal for entertaining, guests or in-laws. State of the art heating and cooling systems, high capacity generator and oversized 2-car garage. Offered for $1,700,000. Contact Julie Held for showings.

 

 

 

27 Norfolk Avenue One of the most distinctive and elegant houses in Northampton. On 1.6 acres near Child's Park, this captivating 1 story California-style contemporary has 5000 s.f.—including a recent 1250 s.f. addition. It offers gracious and light-filled open spaces, blended seamlessly with the private living areas with 5/6 bedrooms, 3 full and 2 half baths. The entry guides you into the living room, illuminated by oversized windows that look out on a serene, professionally-landscaped garden on one side and a stone patio on the other. The spacious chef's kitchen has a large island, abundant lighting, granite counters and custom cabinets. One wing of the house has 3 bedrooms, full bath and den/media space. The owner's wing includes an office, bedroom with built-ins, walk-in closet with skylight and en suite bath. Through the library, you enter the final wing with a suite of rooms including a large den, laundry room and half bath, serene multi-purpose space and large bedroom with bath. Minutes to town! Offered at $1,370,000. Contact Julie Held to schedule a showing.

Great Items to Spruce up Your Kitchen and Home!

Recently we've been drooling over recipes and home decor ideas from the Food52.com website. If you are a homeowner who enjoys unique decor and kitchen items, or someone who loves to cook, it's a great website to peruse! 

As we have written in previous posts, it's not always necessary to completely overhaul or renovate a home in need of some cosmetic updates. You can do a lot with paint, wallpaper and decor to give your home, or rooms within your home, an updated and fresh appearance. This recent post shows four gorgeous new patterns of "easy on, easy off" adhesive wallpaper. What a great way to transform a room with one accent wall and no long term commitment!

Easy On Easy Off Wallpaper from Food52.com

Photo by James Ransom "Hojos Cubanos" pictured above

 

A statement item, such the Mediterranean Vinyl Kitchen Mat can help brighten up a monochromatic space. It looks like Mediterranean tile, and provides cushioning in high traffic areas such as the kitchen where tend to spend a lot of time on your feet. A small investment to help freshen a well-used area in your home. 

Looks as if we are going to be indoors for longer than we hoped this winter, given the recent No'r-Easter "Stella" who just dumped a bunch of snow on Northampton and the Northeast. These wire plant stands are perfect for bringing your indoor/outdoor plants in for the winter - while creating a lovely indoor garden scene, vs. a cluttered-looking corner of the house.

And for the DIY person in your life, here is a great selection of gifts from the Food52 online store. One example is:

Pictured above is the DIY deluxe Hot Sauce kit

 

 Just some helpful hints from your friendly, neighborhood real estate agency, Maple and Main Realty in Florence MA : )