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Friday, January 20, 2017

WestportNow Teardown of the Day: 22 Long Lots Lane

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An application for a permit to demolish the house at Westport’s 22 Long Lots Lane is in process. Built in 1954, the 1-1/4 story cape has 1,517-square feet, is situated on a .26-acre property and changed ownership in November for $550,000. Because the house was built more than 50 years ago, the application will be reviewed by the Westport Historic District Commission. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

01/20/17 01:50 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Thursday, January 19, 2017

Real Estate Report: ‘Smart Home’ Technology Coming

By Judy Szablak

Special to WestportNow

We can expect new construction homes in Westport to include more “smart home” technology as practical usage becomes more commonplace sooner than expected.

WestportNow.com Image
Featured Home: This home at 18 Sturges Common is listed at $3,499,000. (CLICK TO ENLARGE) Photo courtesy of The Riverside Realty Group

Smart home technology is functional automation by voice, phone, computer or remote of integrated home components, such as heating, lighting, audio systems, security and more.

Just a few short years ago, new construction utilizing “green building practices,” as well as Energy Star-rated homes, and geothermal heating were not so common either. However, our marketplace is becoming more environmentally conscious.

Today, there are 24 homes available that include one or more of these green features, and 30 have sold within the last year at an average price of over $2.2 million.

More "Real Estate Report: ‘Smart Home’ Technology Coming"

01/19/17 05:04 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Tuesday, January 17, 2017

WestportNow Teardown of the Day: 268 Hillspoint Road

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An application for a permit to demolish the house at Westport’s 268 Hillspoint Road is in process. Built in 1964, the one-story contemporary has 2,514-square feet, is situated on a .49-acre waterfront property in the Compo Beach section, and changed ownership in July 2016 for $5 million. Because the house was built more than 50 years ago, the application will be reviewed by the Westport Historic District Commission. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

01/17/17 11:53 AM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Saturday, January 14, 2017

Comings & Goings M-EAT to Bedford Square

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M-EAT, an upscale butcher shop, will open in the new Bedford Square development in the spring, according to those involved. “It will be impressive aesthetically and offer non-antibiotic, non-chemical, organic meats with highly affordable prices,” said Tom Febbraio, Staples ’71, restaurateur, real estate broker, and co-owner of Spotted Horse Tavern across the street. Kellie Lehn, vice president, North American operations for M-EAT, a business entity of Southport-based Fair Trade International, said the Westport location is the first of five planned on the East Coast. She said its parent company distributes fine meats imported from Argentina, Uruguay, Brazil, Australia, and New Zealand. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

01/14/17 09:04 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Friday, January 13, 2017

Westport Property Transfers Dec. 26 - 30, 2016

Westport property transfers as reported by the Town Clerk’s office for the period Dec. 26 - 30, 2016:

9 Colonial Road LLC to Robin L. and Bruce F. Spolansky, 9 Colonial Road, $1,525,000WNproperty.jpg

Elizabeth F. Hancock to Bogdan C. and Alina M. Damian, 109 Valley Road, $449,000

Christine Korbl to Laszlo O. and Violet B. Korbl, 42 Westfair Drive, $850,000

Laszlo O. and Violet B. Korbl to Christine Korbl, 42 Westfair Drive, $1,150,000

More "Westport Property Transfers Dec. 26 - 30, 2016"

01/13/17 12:24 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Wednesday, January 11, 2017

Real Estate Report: Values Have Remained Constant

By Judy Szablak

Special to WestportNow

We may have all thought that the 2016 Westport real estate market was a bit slower than the year before, and that is true. However, the difference is very slight, and values have remained constant.

WestportNow.com Image
Featured Home: This home on 15 Buena Vista Drive is listed at $5,195,000. (CLICK TO ENLARGE) Photo courtesy of William Raveis/ Westport Beach (+) Country Homes

According to the Consolidated Multiple Listing Service, the average price of the 366 single family home sales in 2016 was $1,527,565 with an average market time of 121 days. The average sales price to list price ratio was 95 percent, with three- and four-bedroom homes averaging slightly higher at 96 percent.

The prior year brought us 383 sales with an adjusted average price of $1,581,843. The difference of less than $55,000 is not alarming in the slightest, and does not raise any red flags. Considering that there were 17 more sales in 2015, and a few higher priced closed sales, a minor difference is a nonissue and of no concern.

The lowest recorded price last year was on Crescent Avenue at $345,000 and the highest sale reported was on Beachside Avenue for $8.8 million. The prior year was a little better for high-end luxury homes, whereas four sales were reported between $5-10 million, and two sales were reported over $10 million. Those two higher sales were omitted from 2015’s average price as noted.

More "Real Estate Report: Values Have Remained Constant"

01/11/17 02:59 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Westport Real Estate Price Changes

Westport price changes over the past week:

10 Hickory Hill Road             $649,000->$639,000
107 Valley Road                 $649,000->$648,000
3 Beechwood Lane             $749,000->$719,000
295 Greens Farms Road       $950,000->$899,000
25 Stoneboat Road             $995,000->$899,000
250 Saugatuck Ave.          $999,000->$990,000
1 Donald Drive (RAISED)    $995,000->$1,015,000
31 Regents Park             $1,150,000->$1,025,000
171 Roseville Road         $1,175,000->$1,150,000
8 Waterside Terrace         $1,749,000->$1,649,000
223 Bayberry Lane           $1,995,000->$1,925,000
1 Michele Lane               $2,500,000->$2,400,000
9 Rockyfield Road           $2,699,000->$2,499,000  
81 Coleytown Road         $3,499,000->$2,995,000
25 Flower Farm Circle       $3,675,000->$3,499,000
9 Burr Farms Road           $3,699,000->$3,599,000
4 Sprucewood Lane         $3,799,000->$3,675,000
1 Bluewater Hill South       $3,950,000->$3,749,000
74 Morningside Drive South $4,250,000->$3,999,999

01/11/17 01:34 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Monday, January 09, 2017

Comings & Goings: Neat Closes

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UPDATE Neat Coffee and Craft Cocktails in the one-time Vigilante firehouse at 6 Wilton Road has closed after little more than two years, according to a sign (inset) today on the entrance door. Owner Rachel Haughey said in an email: “We had wonderful regulars and are grateful to have served them (along with many others!) for the past two years. We’re sorry that we are no longer there for them and that it happened so suddenly, but the numbers just weren’t there. It was a labor of love, and we will miss all of the faces, smiles, conversations, and friendships that came from it. We look forward to continuing those relationships at our founding location in Darien.” Neat opened in Westport in September 2014 and closed for a week last July for renovations. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

01/09/17 02:03 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Friday, January 06, 2017

Westport Property Transfers Dec. 19 - 23, 2016

Westport property transfers as reported by the Town Clerk’s office for the period Dec. 19 - 23, 2016:

Richard J. and Jean M. Harrington to Heather K. and William W. Hamilton, 9 Greystone Farm Lane, $1,975,000WNproperty.jpg

Gary S. and Cathy R. Rozynek to 25 Prospect Road LLC, 25 Prospect Road, $1,328,000

Nicolae V. and Simona E. Tudor to Design Build CT LLC, 275 Wilton Road, $920,000

Keith R. and Carissa A. Siegner to Adam Cina and Amy Kopisz, 20 Richmondville Ave., $1,000,000

More "Westport Property Transfers Dec. 19 - 23, 2016"

01/06/17 12:42 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Tuesday, January 03, 2017

Real Estate: Inventory Again Drawing Attention

By Judy Szablak

Special to WestportNow

Everyone seems to be very concerned about the lack of inventory in Westport at this time of year, and how much of a predictor it may be for the coming months.

WestportNow.com Image
Featured Home: This home at 16 Gault Park Drive is listed at $1,659,000.  (CLICK TO ENLARGE) Photo courtesy of Coldwell Banker Westport-Riverside/ KMS Partners

However, inventory is not at its lowest point in recent history. In fact, in January 2013 there were just 188 homes available for sale.

A snapshot of the Westport market five years ago to the day almost reads like deja vu.

There is a difference of just three singe-family homes in available inventory, and the average market time is up by just four days. The average price is just $57,000 more than it was in 2012.

More "Real Estate: Inventory Again Drawing Attention"

01/03/17 04:32 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Westport Real Estate Price Reductions

Westport price reductions over the past week:

22C Cross Highway     $644,900->$634,900
10 Hickory Hill Road     $679,000->$649,000
159 Greens Farms Road     $1,595,000->$1,549,000
4 Mimi Lane     $2,999,000->$2,799,000
—Judy Szablak

01/03/17 04:27 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

WestportNow Teardowns of the Day: 270 Saugatuck Ave.

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An application for a permit to demolish two houses on the property of Westport’s 270 Saugatuck Ave., at Eno Lane, is in process. Each built in 1950, one is a 1-1/2 story cape has 1,352-square feet, the other a one-story ranch has 1,080-square feet. The structures are situated on a four-acre lot. Because the houses were built more than 50 years ago, the application will be reviewed by the Westport Historic District Commission. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

01/03/17 03:14 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Westport Property Transfers Dec. 12 - 16, 2016

Westport property transfers as reported by the Town Clerk’s office for the period Dec. 12 - 16, 2016:

Patricia W. Mears to James E. Keplesky, 24 Edgewater Commons Lane Unit 3D, $977,500WNproperty.jpg

9 Owenoke Park LLC to Bluewater Owenoke LLC, 9 Owenoke Park, $2,750,000

Janet Beasley to Kurt Handschumacher and Craig Schiavone, 9 Woods Grove Road, $1,000,000

Sarah K. Herz Estate to Wiliam L. and Sarah L. Dransfield, 86 Cross Highway, $720,000

01/03/17 11:47 AM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Tuesday, December 27, 2016

Real Estate Report: Photos Important

By Judy Szablak

Special to WestportNow

While buyers looking to purchase a home in Westport have less available homes to choose from these days, that will increase in the next few months.

WestportNow.com Image
Featured Home: This home at 4 Lowlyn Road is listed at $1,140,000. (CLICK TO ENLARGE) Photo courtesy of William Raveis Westport

Our market has seasonal highs and lows for inventory, just as certain months are historically better for closed sales than others.

According to the National Association of Realtors 2016 Profile of Homebuyers and Sellers, buyers typically searched for 10 weeks and looked at a median of 10 houses before they purchased a home.

Among the buyers who utilized the internet in their search, 89 percent found photos very useful, and and 85 percent found descriptions to be very helpful in their searches. These few tidbits of information tell us a lot.

More "Real Estate Report: Photos Important"

12/27/16 05:32 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Westport Real Estate Price Reductions

Westport price reductions over the past week:

17 Hills Lane   $319,000->$299,000
185 Compo Road South $999,000->$995,000
22 Pin Oak Court $1,395,000->$1,298,000
—Judy Szablak

12/27/16 05:27 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Thursday, December 22, 2016

Westport Property Transfers Dec. 5 - 9, 2016

Westport property transfers as reported by the Town Clerk’s office for the period Dec. 5 - 9, 2016:

Stephen Weintraub to Hermant and Parul Kalbag, 8 Rivard Crescent, $1,269,500WNproperty.jpg

Greens Farms Centre Assoc. to Blackshaw Hunchar LLC, 1835 Post Road East, $4,200,000

William McGarrie to Timothy Collins, 103 Compo Road South, $750,250,

Virginia G. Goelz to Brian Patrick McGunagle and Stephen David Gustafson, 3 Old Orchard Road, $900,000

More "Westport Property Transfers Dec. 5 - 9, 2016"

12/22/16 11:49 AM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Tuesday, December 20, 2016

Real Estate Report: Don’t Take Home Off Market

By Judy Szablak

Special to WestportNow

If you are truly interested in selling your Westport home, now is not the time to take it off the market.

WestportNow.com Image
Featured Home: This home at 5 Blackberry Lane is listed at $3,495,000. (CLICK TO ENLARGE) Photo courtesy of The Riverside Realty Group/ Westport

Over the last seven days alone, 14 property listings were either withdrawn, canceled, or expired. In the last 30 days, over 21 percent of the available homes were removed from the marketplace.

For clarification purposes, a withdrawn listing is still technically listed, but not available for showing.

A canceled listing is where a homeowner has decided to no longer sell,  or can also be viewed as an attempt to reduce market time. An expired listing denotes the end of an agreement with a Realtor to sell the home.

More "Real Estate Report: Don’t Take Home Off Market"

12/20/16 10:58 AM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Westport Real Estate Price Reductions

Westport real estate price reductions over the last week:
   
68 Whitney Glen Drive   $359,000->$349,000
21 Hale St.        $494,000->$470,000
11 Joanne Circle     $835,000->$795,000  
18 Saint George Place   $875,000->$874,000  
1 Evergreen Parkway     $956,650->$908,800
29 Spicer Road     $999,000->$959,000
40 Burr Farms Road     $1,050,000->$999,999
86 Maple Ave. South     $1,289,000->$1,250,500
118 Wilton Road     $1,390,000->$1,299,000
9 Hitchcock Road     $1,499,000->$1,450,000
11 West Branch Road     $2,598,000->$2,450,000
15 Apple Tree Trail     $2,895,000->$2,845,000
33 Sherwood Drive     $3,300,000->$3,195,000

—Judy Szablak

12/20/16 10:53 AM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Friday, December 16, 2016

Westport Property Transfers Nov. 21 - Dec. 2, 2016

Westport property transfers as reported by the Town Clerk’s office for the period Nov. 28 - Dec. 2, 2016:

Pennymac Corporation to Matthew and Gery Grove, 20 Crooked Mile Road, $1,110,000WNproperty.jpg

Marjorie T. Bastick to Twin Circle LLC, 31 Westfair Drive, $530,000

Greg Gurevich to Anna Gurevich, 4A Lyndale Park, $235,000

Brennan and Patricia A. McCarthy to Neal R. Kelly A. Siegrist, 20 Indian Hill Road, $580,000

More "Westport Property Transfers Nov. 21 - Dec. 2, 2016"

12/16/16 03:11 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Malloy: Xerox to Stay in Norwalk

Gov. Dannel P. Malloy today announced a partnership with the Xerox Corporation that secures the company’s headquarters and 150 jobs in Norwalk, where it has been located since 2008. 

As part of the project, Xerox may add between 20-40 new jobs over the next four years, the governor’s office said in a news release.

“The Xerox Corporation’s announcement removes all uncertainty regarding the location of the company’s headquarters,” said Malloy. “Today’s news guarantees that Xerox will continue to invest in the state, contribute to the community, and create high-paying jobs where it has called home for nearly five decades.”

The Department of Economic and Community Development (DECD) will provide a 10-year, $4.4 million low-interest loan to support the project. Xerox, which was at 45 Glover Ave., will use the funding to purchase new equipment and make leasehold improvements in its new headquarters in building 201 in the Merritt 7 Corporate Park in Norwalk, the announcement said.

12/16/16 12:33 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Comings & Goings: Main St. Chico’s Closing

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Chico’s, 61 Main St., part of the clothing chain offering women’s fashions, will close on Jan. 25, according to store manager Donna Begler.  “Our lease expired,” she said.  She added that there are three other nearby Chico’s in Fairfield, Milford and Stamford Town Center. Chico’s Westport location closed temporarily four times due to flooding in 2011, twice in 2012, and once in 2013. A real estate source said a number of Main Street stores are considering leaving because of past flooding issues and eyeing a new mall planned to open in Norwalk at I-95 Exit 16.  (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

12/16/16 10:31 AM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Thursday, December 15, 2016

Dems Recommend P&Z Replacement

The Westport Democratic Town Committee (DTC) tonight recommended Danielle Dobin, a real estate attorney, to succeed Planning and Zoning (P&Z) Commissioner David Lessing, who resigned in October.

WestportNow.com Image
Danielle Dobin: wants ro preserve Westport’s character.  WN photo

The six remaining P&Z commissioners must vote on the recommendation, but are expected to endorse it. She will serve out Lessing’s term, which expires in 2017.

“I want to serve on the P&Z because I love living in Westport and plan on living here as long as possible,” Dobin said in an interview.

“It’s really important to me to preserve the existing character of the town. I know we can’t avoid future development—and certainly wouldn’t want to avoid all development—but I think it really critically important that development be on our terms instead of something foisted upon us.”

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12/15/16 10:15 PM Comments (1) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Comings & Goings: Sperry Closing on Main St.

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Sperry Top-Sider, a shoes and casual apparel store at 56 Main St., is closing next month after two and a half years in the location. No reason was given for the closure. When the store opened in April 2014, it was the only one in the state that was standalone. Shoppers are being offered 60 percent off on all merchandise with all sales final.  (CLICK TO ENLARGE) WestportNow.com photo

12/15/16 12:03 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Wednesday, December 14, 2016

Real Estate Report: Well Timed Winter Move Could Be Profitable

By Judy Szablak

Special to WestportNow

With only 274 single-family homes now for sale,  it seems apparent that many Westport homeowners have decided to wait to put their home on the market until spring.

WestportNow.com Image
Featured Home: This home at 8 Abbotts Lane is listed at $1,324,000. (CLICK TO ENLARGE) Photo courtesy of Higgins Group/Westport

However some buyers can’t wait that long.

A low inventory combined with the fact that buyers are out looking for homes creates a unique opportunity for home sellers.

This, in turn, helps home buyers, all while helping the overall market in general.

More "Real Estate Report: Well Timed Winter Move Could Be Profitable"

12/14/16 03:36 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Westport Real Estate Price Changes

(Editor’s note: WestportNow this week adds a listing of real estate price changes in Westport over the past week as part of its real estate coverage.)

Westport real estate price changes in the last week:

68 Whitney Glen Drive   $359,000->$349,000
21 Hale St.        $494,000->$470,000
11 Joanne Circle     $835,000->$795,000  
18 Saint George Place   $875,000->$874,000  
1 Evergreen Parkway     $956,650->$908,800
29 Spicer Road     $999,000->$959,000
40 Burr Farms Road     $1,050,000->$999,999
86 Maple Ave. South     $1,289,000->$1,250,500
118 Wilton Road     $1,390,000->$1,299,000
9 Hitchcock Road     $1,499,000->$1,450,000
11 West Branch Road     $2,598,000->$2,450,000
15 Apple Tree Trail     $2,895,000->$2,845,000
33 Sherwood Drive     $3,300,000->$3,195,000
—Judy Szablak

12/14/16 03:31 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Friday, December 09, 2016

Westport Property Transfers Nov. 21 - 25, 2016

Westport property transfers as reported by the Town Clerk’s office for the period Nov. 21 - 25, 2016:

Chien Fu Chen to Chien-Lung Chen and Seulkee Park, 9 Hills Lane, Taxes paid in Norwalk, $270,000WNproperty.jpg

Marisa and Ofer Zer to Daniel Fanelli and Kristin Maule, 3 Rockland Place, $670,000

Lawrence W. and Tina Jones to Andrew Fleishman and Alexandera Wachtel, 37 Sturges Commons, $1,650,000

Anthony M. Sanfilippo to Daniel and Irene Lyakovetsky, 261 Bayberry Lane, $2,718,300

More "Westport Property Transfers Nov. 21 - 25, 2016"

12/09/16 03:38 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

WestportNow Teardown of the Day: 27 Soundview Drive

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An application for a permit to demolish the house at Westport’s 27 Soundview Drive, in the Compo Beach section, is in process. Built in 1880, the three-story conventional has 4,005-square feet, is situated on a .1-acre beachfront property and last changed ownership in August for $2.4 million. Because the house was built more than 50 years ago, the application will be reviewed by the Westport Historic District Commission. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

12/09/16 08:45 AM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Thursday, December 08, 2016

WestportNow Teardown of the Day: 281 Compo Road South

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An application for a permit to demolish the house at Westport’s 281 Compo Road South, across from the Minute Man Monument, is in process. Built in 1961, the two-story colonial has 3,870-square feet, is situated on a one-acre property and last changed ownership, according to Town Assessor records, in August 2007 for $2,428,000. Because the house was built more than 50 years ago, the application will be reviewed by the Westport Historic District Commission. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

12/08/16 04:30 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Wednesday, December 07, 2016

Real Estate Report: ‘For Sale’ Signs Can Be Deceiving

By Judy Szablak

Special to WestportNow

For sale signs are not necessarily indicative of the state of the market in Westport, nor do they represent all homes for sale in town. 

WestportNow.com Image
Featured Home: This home at 22 Silver Brook Road is listed at $1,498,000.  (CLICK TO ENLARGE) Photo courtesy of Higgins Group Westport

When one drives around Westport looking for properties, they are apt to see many more homes that appear to be available for sale, but actually are not.

Conversely, there are also many homeowners that choose not to have a sign in the front yard.

Consider the fact that there are currently 280 homes for sale, and another 48 homes under some stage of deposit. Oftentimes, the for sale sign remains up until the time of closing, and there is not always a rider that makes it clear that the home is in fact under deposit.

More "Real Estate Report: ‘For Sale’ Signs Can Be Deceiving"

12/07/16 01:38 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Monday, December 05, 2016

WestportNow Teardown of the Day: 27 Long Lots Lane

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An application is in process for a permit to demolish the house at 27 Long Lots Lane, off Long Lots Road. Built in 1938, the 1,829-square-foot, one-story ranch is located on a .28-acre lot.The house was also featured as WestportNow’s Teardown of the Day on Sept. 4, 2008, but the permit was never acted upon. Because the house was built more than 50 years ago, the application will be reviewed by the Historic District Commission. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

12/05/16 05:37 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

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