A few showings on the north side today. Great potential in these two properties:
94 Bradford Road, East Dennis
46 Barnacle Road, Yarmouth Port
We have also been showing 26 Dogwood Lane in Harwich quite a bit.
All need some work, but would be great houses with a few little touches. The bathrooms in both Barnacle and Bradford need attention as does the kitchen in Barnacle.
Lately we have been showing quite a few properties in Dennis Port.
23 Naushon Road has been popular. Cute house, nice layout. Kitchen is a really good size and opens into the dining room.
Another one is 78 Kibby Lane. Just showed that today. Nice ranch close to Nantucket Sound beaches. 3 bedroom, 1 bath, wood floors, well taken care of.
Spent some time over in Harwich at 122 Kendrick Road in Harwich. I really like that area. From that location you can get to Chatham, Orleans or Brewster quickly. Wequassett Resort and Golf Club is right now the road. Good food and great summer events down there.
If anyone has questions about any of these houses give us a call, 508-258-9010.
It looks like new gas hookups for certain areas of Cape Cod could be on hold until 2019! Apparently a main line in the mid and lower Cape area was recently inspected by National Grid and some of the equipment was found to not meet current standards.
National Grid has stated that the line itself is not a safety concern but that the outdated equipment needs to be replaced. Also as a result they have reduced the pressure in the main line from 20 pounds per square inch to 125 pounds per square inch. Reports by National Grid is that they have 4 inch pipe where they thought they had 6 inch.Â
Apparently this will not affect the performance of heating systems or other gas powered appliances. The towns affected by this moratorium are Yarmouth, Dennis, Harwich, Brewster, Chatham, Orleans, Eastham and even certain parts of Barnstable. If a request has already been submitted and approved for a gas hook up they will honor those requests. It sounds like many of the town municipalities did not even know this was “coming down the pipe” and only just heard about it.
I find it hard to believe that National Grid will hold up the process until 2019. Gas has been the fuel of choice for conversions and new construction across Cape Cod (if the lines are available). If this is going to significantly affect their balance sheet they will complete the project as soon as they can is my guess.
We will keep you updated as more information is released by NSTAR.
Thank you for reading our blog!
USDA loans on Cape Cod are no longer going to be available to the towns of Barnstable, Bourne, Dennis, Falmouth, Harwich, Mashpee, Sandwich and Yarmouth. This change, according to the mortgage rep that gave us the information, is going to take place on February 28, so there is still time, but not much.
There are a lot of sites that state they are the “official” site, but this is the “real one”: http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do
USDA loans are great for those that qualify. The one issue I have seen come up is that the appraisal is a much more in depth process and becomes something of an inspection. Here is a document outlining some of the guidelines: http://www.rurdev.usda.gov/Publications/WI-RHS-Originator-Manual-Section-3-Property-Eligibility.pdf
Any repairs found, under the USDA guidelines, by the home inspector, pest inspector or appraiser will, typically have to be completed prior to closing. Because of this process, USDA loans are not ideal for homes that need quite a bit of work.
If you have questions concerning USDA loans give us a call. We can put you in touch with a mortgage representative who is knowledgeable about them.
Harwich Market Statistics
My associate Trevor loves to crunch numbers and is really good at it. One reason we picked our website provider is that within the system there are numerous options for exploring market statistics.
We find that “knowing the numbers” helps us to accurately advise our clients and that is one of the most important parts of representing our clients.
Take a look at what the “single family” Harwich Market (all villages) has done over the last month:
There are 134 Single Family properties for sale in Harwich
â¢Prices range from $170,000 to $12,950,000
⢠Average price is $768,528
⢠Median price is $489,000
Breakdown of those 134 Single Family properties for sale in Harwich – By Bedrooms
20 are Two Bedroom properties
Prices from $189,900 to $589,000
Average price is $340,940
Median price is $332,000
53 are Three Bedroom properties
Prices from $239,000 to $2,750,000
Average price is $614,791
Median price is $457,000
41 are Four Bedroom properties
Prices from $170,000 to $2,500,000
Average price is $689,734
Median price is $524,500
12 are Five Bedroom properties
Prices from $225,000 to $4,500,000
Average price is $1,347,158
Median price is $864,000
5 are Six Bedroom properties
Prices from $499,000 to $12,950,000
Average price is $3,504,600
Median price is $1,647,500
3 are Nine Bedroom properties
Prices from $379,000 to $679,000
Average price is $537,333
Median price is $616,500
Breakdown of those 134 Single Family properties for sale in Harwich – By Price Range
â¢There are 4 Single Family properties below $250,000
⢠There are 53 Single Family properties between $250,000 and $500,000
⢠There are 30 Single Family properties between $500,000 and $750,000
⢠There are 13 Single Family properties between $750,000 and $1,000,000
⢠There are 18 Single Family properties above $1,000,000
Breakdown of those 8 Single Family properties sold in Harwich – By Bedrooms
2 were Two Bedroom properties
Sold from $199,100 to $235,000
Average selling price was $217,050
Median selling price was $332,000
4 were Three Bedroom properties
Sold from $245,000 to $425,000
Average selling price was $312,000
Median selling price was $457,000
1 was a Four Bedroom property
Sold at $375,000
1 was a Five Bedroom property
Sold at $1,550,000
Hope you found useful information within this breakdown. If you have any questions feel free to give us a call at our Team ph# – 508-258-9010. We are always happy to discuss general market conditions or specific properties.
Sincerely,
William Raye – 508-432-7856
Trevor Libby – 774-212-5306
Bayside Realty Consultants
All statistics automatically generated using CCIAOR MLS data and although we endeavor to keep the information as reliable as possible please understand that mistakes do happen!
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