Blog :: 04-2017

Welcome to our blog! Here you will find posts about can't miss properties, local events, and more! Here at Maple and Main Realty we pride ourselves on our knowledge of the Northampton area. Feel free to leave a comment, we would love to hear from you! If you have any questions, don't hesitate to contact us

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.