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Saturday, July 04, 2015

Real Estate

Real Estate

Wednesday, July 01, 2015

Real Estate Report: Westport Lagging National Average

By Judy Szablak

For the first time in a long time, and generally speaking, Westport is lagging behind the national average. That is according to the latest Case-Shiller report released Tuesday.

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Featured Home: this home at 35 Island Way is listed at $1,625,000. (CLICK TO ENLARGE) TYPE NAME for WestportNow.com

However, all is not doom and gloom in Westport. Luxury properties and waterfront home sales have soared ahead compared to last year.

The S&P Case-Shiller National House Price Index indicated that prices rose an average of 4.2 percent year-over-year from last April.

And allthough we did not see an increase in prices in Westport, the quite impressive and positive news is that market time to sale of just 45 days was almost half of what it was last year during that same period.

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Posted 02:05 PM
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WestportNow Teardown of the Day: 7 Manitou Road

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An application for a permit to demolish the house at Westport’s 7 Manitou Road, off Compo Road South, is in process. Built in 1951, the two-story split has 2,430-square feet and is situated on a 1.3-acre property. 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

Posted 12:51 PM
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Tuesday, June 30, 2015

WestportNow Teardown of the Day: 22 Warnock Drive

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An application for a permit to demolish the house at Westport’s 22 Warnock Drive, off Easton Road, is in process. Built in 1956, the two-story split has 2,113-square feet, is situated on a 1.01-acre property and changed ownership in May for $750,000. 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

Posted 04:57 PM
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Monday, June 29, 2015

WestportNow Teardown of the Day: 25 Westfair Drive

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An application for a permit to demolish the house at Westport’s 25 Westfair Drive, off Post Road East, is in process. Built in 1946, the 1-1/4 story cape has 1,366-square feet and is situated on a .29-acre property. 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

Posted 01:45 PM
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Sunday, June 28, 2015

Chipolte Mexican Grill Open for Business

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Chipotle Mexican Grill opened today at 376 Post Road East in the Compo Acres Shopping Center in the space previously occupied by Oaxaca Asian cuisine. Chipotle Mexican Grill, Inc. has outlets in Fairfield, Darien, and Greenwich, among other Connecticut locations. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 01:55 PM
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Brisk Business from the Start

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As soon as its doors opened today, Chipotle Mexican Grill at 376 Post Road East in the Compo Acres Shopping Center was doing a brisk business. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 01:50 PM
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Friday, June 26, 2015

Westport Property Transfers June 8 - 12, 2015

Westport property transfers as reported by the Town Clerk’s office for the period June 8 - 12, 2015:

Dana Ann Griffin Trust to Scott and Susan N. Foushee, 23 Sturges Commons, $2,250,000WNproperty.jpg

RB Properties LLC to Healthy and Happy LLC, 10 Pond Edge Road, $2,599,000

JD Real Estate Investment LLC to 4 Whitney LLC, 4 Whitney St. Ext., $964,500

Amy K. Wilfert and Barbara L. Kosnik Trusts to David and Marsden Kline, 22 Pequot Trail, $1,331,715

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Posted 10:47 AM
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Tuesday, June 23, 2015

Comings & Goings: Fresh Green Light Driving School Opens

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Fresh Green Light driving school has opened at 1362 Post Road East. Steve Mochel and his wife Laura Shuler or Weston, parents of four teenage drivers, co-founded Fresh Green Light in 2009 after leaving corporate marketing jobs with a mission to make teen drivers safer behind the wheel. The company also has sites in Greenwich, Darien, and Wilton and will open in Fairfield next month. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 07:47 PM
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Friday, June 19, 2015

Westport Property Transfers June 1 - 5, 2015

Westport property transfers as reported by the Town Clerk’s office for the period June 1 - 5, 2015:

Jeffrey K. and Tamarie D. Howard to Oliver and Rachel Olanoff, 136 Old Road, $1,740,000WNproperty.jpg

Adam J. Klimek to Katherine Sears Timbers, 220 Riverside Ave. Unit 15D, $680,000

Kristen A. and James G. Mamera to Jeffrey G. and Leisha C. Mamera, 6 Burnham Road, 80% Interest, $894,960

Janet T. and George A. Mamera to Jeffrey G. and Leisha C. Mamera, 6 Burnham Road, $223,740

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Posted 02:48 PM
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Real Estate Report: Online Estimates Are Often Off

By Judy Szablak

Determining an appropriate value for your Westport home by relying on any one of the plethora of online property evaluation sites is not the most prudent idea, especially given the fact that any one of almost 600 real estate professionals that work in town can give you a more accurate figure.

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Featured HomeThis home on Judy Point is listed at $10.5 million. (CLICK TO ENLARGE) Photo courtesy of The Higgins Group/Westport.

A few of these websites offer good basic information, but it stops there. They are in no way a reasonable substitute for a local real estate agent’s price opinion, especially given neighborhood nuances. 

For example, there may be one side of your street that is more desirable than the other side. These easy online evaluators do not account for that in their algorithms.

There are also perceived or real neighborhood boundaries that are not understood by a computer, and the variable of unknown enhancements and/or condition of the subject property that an online pricing module simply cannot interpret.

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Posted 12:46 PM
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Tuesday, June 16, 2015

Mario’s to Reopen as Harvest in September

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Signs have gone up on the former Mario’s Restaurant on Railroad Place saying the new Harvest restaurant will open in September. A sign in the window says: “Coming this September. Harvest is a fresh take on our lifelong commitment to satisfying meals and loyal guests. Custom cuisine from farm to fork. Harvestwinebar.com.” The popular Saugatuck Italian restaurant and steak house since 1967 closed in April (See WestportNow April.l 4, 2015) The DeMace family retains ownership of the building while leasing to restaurateurs Vicente and Nuve Siguenza. They are owners of Cava in New Canaan, and Harvest in Greenwich and New Haven, (CLICK TO ENLARGE) Bob Eckman for WestportNow.com

Posted 01:55 PM
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Friday, June 12, 2015

Westport Property Transfers May 25 - 29, 2015

Westport property transfers as reported by the Town Clerk’s office for the period May 25 - 29, 2015:

Christopher and Wendy Converse to Beacon Homes CT LLC, 19 Vani Court, $385,000WNproperty.jpg

Miriam J. Zuckerman Estate to 18 Euclid Avenue LLC, 22 Warnock Drive, $750,000

Eric M. and Moriah R. Agovino to Shiri Zuravicky and Michael Homler, 7 Sniffen Road, $785,000

Eric W. Luden to Ward J. and Cynthia G. Doonan, 8 Norwalk Ave., $1,000,000

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Posted 10:51 AM
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Thursday, June 11, 2015

New Look for Former Mansion Clam House

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Workmen were busy today removing the siding of the former Mansion Clam House, 541 Riverside Ave., in preparation for the debut there of Parker Mansion, a steak house. No date for the opening has been announced. Owner Patrick Fahy owns Parker Steaks & Scotch in Trumbull and Parker Eatery & Bar in Stratford. Mansion Clam House closed in October 2014 after having been there since 1958 on the site of a former “fried clam shack.” The property, which includes the adjoining Julian’s Brick Oven Pizza, changed hands in April 2014 for $2.1 million. The listing said the building was built in 1900. (CLICK TO ENLARGE) Bob Eckman for WestportNow.com

Posted 03:07 PM
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Tuesday, June 09, 2015

WestportNow Teardown of the Day: 91 Clapboard Hill Road (2)

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An application for a permit to demolish a second structure at Westport’s 91 Clapboard Hill Road in the Green’s Farms area is in process. Built in 1900, the one-story studio has 950-square feet and is situated on a 1.89-acre property. Because the secondary structure was built more than 50 years ago, the application will be reviewed by the Westport Historic District Commission. The primary structure, previously demolished, was the WestportNow Teardown of the Day on Nov. 21, 2013. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 10:52 AM
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Monday, June 08, 2015

WestportNow Teardown of the Day: 9 Scot Alan Lane

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An application for a permit to demolish the house at Westport’s 9 Scot Alan Lane, off Park Lane, is in process. Built in 1960, the one-story split has 1,510-square feet, is situated on a .30-acre property and last changed ownership, according to Town Assessor records, in 1998 for $436,000. The owner said, “We are the parents of two children, in fifth and ninth grade. We’ve outgrown the house after living here for 17 years and will rebuild our new house on this same site. It will not be a McMansion.” 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

Posted 04:44 PM
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