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What is going to happen? 

Not sure what to think of 2021 when it comes to real esate?  Listen to the experts.  CLICK on my video to the right.

60 Heather Hill, Rocky Hill, CT 06067

4 BR | 3 BA | 3,590 SQ FT

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Style, Beauty & Gorgeous Views with beautiful sunsets in this meticulously maintained custom built home in very desirable Rocky Hill's Summer Meadow at the end of a cul-de-sac. Enter the home with a grand two story foyer, skylights through out & vaulted ceiling. The multi - level deck is perfect to relax on or entertain! The modern kitchen is very well kept & has upgrades galore such as an updated back splash, new paint, touch faucet, wall oven & plenty of cabinet space. The large open floor plan allows for plenty of natural light, formal dining room is spacious with custom trim - paint & exquisite stone fireplace. The 4 bedrooms are spacious & one of them even has it's own balcony to relax on. The master bedroom suite has a jet tub in its own renovated bathroom, fresh paint & plenty of closet space. The main bathroom on the upper level has been renovated too! The three custom stone fireplaces reflect the beautiful craftsmanship through out. The lower level is huge, perfect for entertaining with a pool table, custom brick fireplace, bar, 2nd kitchen with new dishwasher, full bath, laundry area, wine closet, storage area and large brick patio with beautiful wrought iron gate with a gorgeous view! The exterior is exquisite with a private circular driveway, large garage with an extra parking pad, beautiful landscaping, plenty of storage space (including two attached outdoor storage spaces on both upper and lower decks) and underground sprinkler system too!

 

 

Do you have questions about the homebuying or selling process?

Interested in knowing about today’s housing market and how it may impact your goals? Reply back to me for access to these exclusive digital guides that will empower you with the knowledge you need to navigate the market successfully.

Did You Outgrow Your Home in 2020?

It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home.

Many needs have changed in 2020, and it’s okay to admit if your house no longer fits your lifestyle. If you’re now working remotely, facilitating virtual school, trying to exercise at home, or simply just spending more time in your own four walls, you may be bursting at the seams in your current house.

According to the latest Home Price Insights from CoreLogic, prices have appreciated 7.3% year-over-year. At the same time, the National Association of Realtors (NAR) reports that inventory has dropped 22% from one year ago.These two statistics are directly related to one another. As inventory has decreased and demand has increased, prices have been driven up.

This is great news if you own a home and you’re thinking about selling. The equity in your house has likely risen as prices have increased. Even better is the fact that there’s a large pool of buyers out there searching for the American dream, and your home may be high on their wish list.

Bottom Line

If you think you’ve outgrown your current home, let’s connect to discuss local market conditions and determine if now is the best time for you to sell.

HAVE YOU BEEN TOLD NO?!

Get your head around what needs to be done so that every mortgage company in town is not denying you. 

It's not impossible.  First step is to reply back to me, I will help you get started.  $99 a month, no contracts or start up fees AND you have me to help you every month.  No gimmicks or extra costs.  Learn more at http://rosateamcreditrepair.com

Does “Aging in Place” Make the Most Sense?

A desire among many seniors is to “age in place.” According to the Senior Resource Guide, the term means,

“…that you will be remaining in your own home for the later years of your life; not moving into a smaller home, assisted living, or a retirement community etcetera.”

There is no doubt about it – there’s a comfort in staying in a home you’ve lived in for many years instead of moving to a totally new or unfamiliar environment. There is, however, new information that suggests this might not be the best option for everyone. The familiarity of your current home is the pro of aging in place, but the potential financial drawbacks to remodeling or renovating might actually be more costly than the long-term benefits.

A recent report from the Joint Center for Housing Studies of Harvard University (JCHS) titled Housing America’s Older Adults explained,

“Given their high homeownership rates, most older adults live in single-family homes. Of the 24 million homeowners age 65 and over, fully 80 percent lived in detached single-family units...The majority of these homes are now at least 40 years old and therefore may present maintenance challenges for their owners.”

If you’re in this spot, 40 years ago you may have had a growing family. For that reason, you probably purchased a 4-bedroom Colonial on a large piece of property in a child-friendly neighborhood. It was a great choice for your family, and you still love that home.

Today, your kids are likely grown and moved out, so you don’t need all of those bedrooms. Yard upkeep is probably very time consuming, too. You might be thinking about taking some equity out of your house and converting one of your bedrooms into a massive master bathroom, and maybe another room into an open-space reading nook. You might also be thinking about cutting back on lawn maintenance by installing a pool surrounded by beautiful paving stones.

It all sounds wonderful, doesn’t it? For the short term, you may really enjoy the new upgrades, but you’ll still have to climb those stairs, pay to heat and cool a home that’s larger than what you need, and continue fixing all the things that start to go wrong with a 40-year-old home.

Last month, in their Retirement ReportKiplinger addressed the point,

“Renovations are just a part of what you need to make aging in place work for you. While it’s typically less expensive to remain in your home than to pay for assisted living, that doesn’t mean it’s a slam dunk to stay put. You’ll still have a long to-do list. Just one example: You need to plan ahead for how you will manage maintenance and care—for your home, and for yourself.”

So, at some point, the time may come when you decide to sell this house anyway. That can pose a big challenge if you’ve already taken cash value out of your home and used it to do the type of remodeling we mentioned above. Realistically, you may have inadvertently lowered the value of your home by doing things like reducing the number of bedrooms. The family moving into your neighborhood is probably similar to what your family was 40 years ago. They probably have young children, need the extra bedrooms, and may be nervous about the pool.

Bottom Line

Before you spend the money to remodel or renovate your current house so you can age in place, let’s get together to determine if it is truly your best option. Making a move to a smaller home in the neighborhood might make the most sense.

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Thinking of Getting Your Real Estate Licence?

Take the first step to getting your real estate license with state of CT approved pre-licensing classes.  They are flexible, you can start immediately and you can even use our payment plan if you would like. 

First step is to get all the info at www.ctrealestateschool.info

102 Westerly Terrace, East Hartford, CT 06118

4 BR | 2 BA | 2,178 SQ FT

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PRICE REDUCED!  This beautiful Colonial is spacious and has open design living with kitchen, adorned with stainless steel appliances, open to the living room and including a center fireplace. Six (6) rooms can actually be used as bedrooms including a master bedroom available on the main living level. There are 2 full baths in the home - one on each living level. It is easy living in this home with a slider leading out to a large rear yard with patio and fencing perfect for privacy. There is plenty of storage space through out the home and the laundry room is on the main living level. The boiler is new and the home is kept in good condition. It is in a very desirable area in a great neighborhood near the Glastonbury line close to Oak St for easy access to shopping and restaurants.

Rob Rosa

Your Caring, Motivated & Experienced Realtor
robrosa@bhhsne.com
860-558-2122
CTRealEstateSelling.com

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1160 Silas Deane Hwy. Wethersfield, CT 06109

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