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Tuesday, September 16, 2014

Real Estate

Real Estate

Tuesday, September 16, 2014

Real Estate Report: Sales Picking Up on Saugatuck Island

By Judy Szablak

Real estate activity is on the rise at Saugatuck Island, Westport’s premier waterfront community.

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Featured Home This home at 22 Cross Way on Saugatuck Island is listed at $9.5 million. (CLICK TO ENLARGE) Photo courtesy of Coldwell Banker/Westport-Riverside

It should be no surprise that the Island took a direct unit sales hit during 2012-2013 following Super Storm Sandy when only one home sold during that time, but that appears to be the extent of it.

Despite what you may have thought, the market bounced back quickly, and has picked up quite nicely since then.

The Island is comprised of approximately 45 acres, just over 100 homes, and boasts two private beaches.

More "Real Estate Report: Sales Picking Up on Saugatuck Island"

Posted 11:41 AM
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Monday, September 15, 2014

Comings & Goings: Senor Salsa Opens on PRW

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Senor Salsa, a fresh Mexican grill, has opened at 221 Post Road West in the Westbank Center, the second Mexican cuisine restaurant to open in Westport in the past three weeks. (In late August Qdoba Mexican Grill opened at 275 Post Road East at Playhouse Square.) Senor Salsa Manager Miguel Rosas, who said he worked at Senor Salsa’s Fairfield location at 580 Post Road for the past 16 years, said the new eatery specializes in a variety of homemade salsas and fresh chicken. He said the application for a liquor license is pending but a BYOB (bring your own bottle) policy is in effect until the license is approved. The restaurant, owned by Garry Dean, is open every day— Sunday to Thursday 11 a.m. to 9 p.m. and Friday and Saturday until 10 p.m. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 02:41 PM
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Friday, September 12, 2014

Westport Property Transfers Aug. 25 - 29, 2014

Westport property transfers as reported by the Town Clerk’s office for the period Aug. 25 - 29, 2014:

Leonard M. and Ruth L. Baker to Hasan Cengiz and Deborah B. Bayzit, 60 Lyons Plains Road, $1,232,500WNproperty.jpg

MMO Properties LLC to Joseph Mark Valeski, 16 Danbury Ave., $1,100,000

James E. and Leslie Wolf to Thomas C. III and Julie K. Gentile, 178 Hillspoint Road,  $4,610,000

Scott and Jennifer Chottiner to Joseph H. and Elizabeth R. Heyer, 57 Maple Ave. North, $1,750,000

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Posted 11:12 AM
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Thursday, September 11, 2014

WestportNow Teardown of the Day: 1 Crestwood Road

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An application for a permit to demolish the house at Westport’s 1 Crestwood Road, off Easton Road, is in process. Built in 1960, the two-story contemporary has 5,424 square feet and is situated on a 2.03-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 07:22 PM
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Tuesday, September 09, 2014

Real Estate Report: Time on Market Important Factor

By Judy Szablak

Besides price, another important factor when selling a home in Westport is determining how long your home will be on the market before you receive an acceptable offer.

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Featured Home This home at 61 Bulkley Ave. North is listed at $2,699,000. (CLICK TO ENLARGE) Photo courtesy of Realty Seven, Inc.- Wilton

However, making plans based upon the anticipated sale of your home may not be as easy as deciding to put your home on the market, given that determining market time is not an exact science.

Speculating based upon townwide averages that are not necessarily as pertinent to your style of home or specific neighborhood is not a reliable gauge, just a national averages generally do not compare to our town as a whole.

The answer to how long it takes to sell a home in Westport will vary based upon a number of key factors beginning with the initial asking price, the state of the market, and will also include style, condition, location, as well as marketing.

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Posted 07:15 PM
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Monday, September 08, 2014

Comings & Goings: Wheels Convenience Store to PRE

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Wheels Convenience Store, owned by Trumbull-based Consumers Petroleum, will open in early October at 786 Post Road East, according to Gina Nero, the firm’s marketing manager. The space was previous occupied by the Citgo gas and service station, founded in the early 1930s by Joe DeMattia, and owned by the Mattia family for 80 years. It closed in April 2013. Nero said the convenience store will also have four fuel pumps in two bays featuring the Citgo brand. She said Consumers Petroleum has been owned by the same family for three generations.The owner, Rich Wiehl (pronounced “wheel”), opened his first convenience store under the Wheels name four years ago. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 06:30 PM
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Friday, September 05, 2014

Westport Property Transfers Aug. 18 - 22, 2014

Westport property transfers as reported by the Town Clerk’s office for the period Aug. 18 - 22, 2014:

Ewelina and Krzysztof Kwyszynski to Laura S. and Keith R. McCullough, 11 Silver Brook Road, $2,950,000WNproperty.jpg

AMP Investments LLC to Clarence L. Nunn, 6 Marine Ave., $2,275,000

Betty Maniatty to Daniel Seale, 11 Minute Man Hill,  $3,385,000

Joseph R. and Bethany B. Czarnecki to Michael C. and Nancy L. Lagnese, 10 Lamplight Lane, $1,550,000

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Posted 12:13 PM
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Thursday, September 04, 2014

Comings & Goings: Dojo Karate to PRE

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Dojo Karate, a personal development center, has opened at 772 Post Road East next to the former location of Great Cakes in space formerly occupied by TriCycle.  According to Sarah Malhotra (above), head trainer and a Nidan Black Belt who has been associated with Dojo Karate for the past seven years in its Stamford studio on Long Ridge Road, the Westport location offers classes in many disciplines including Tempo Karate, Brazilian Jujitsu and Kick Boxing. The owner, Manny Esmeraldo, opened the Stamford studio 20 years ago according to Malhotra. For further information: (203)557-8815 or http://www.thedojoct.com. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 06:16 PM
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Tuesday, September 02, 2014

Comings & Goings: Pizzeria Bravo Opens

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Pizzeria Bravo and Wine Bar has opened at 1460 Post Road East in the space formerly occupied by Munson’s Chocolates, which closed in April 2012 after 20 years in Westport. According to manager Seth Kulback (above), “Although the restaurant serves pizza, its wide ranging menu of italian cuisine includes such entrees as homemade pasta, lobster pot pie and seared tuna.”  Owner Michael Sayyed of Stratford also owns Julian’s Brick Oven Pizza, 539 Riverside Ave., Westport and in Monroe. Bravo hours: Monday to Wednesday 11 a.m.-10 p.m., Thursday to Saturday 11 a.m.-11 p.m,. and Sunday 11 a.m.- 9 p.m., with happy hours drinks Monday to Friday 3 p.m. - 6 p.m. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 05:15 PM
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Real Estate Report: Inventory Shrinking

By Judy Szablak

We are starting to see a decline in Westport’s housing inventory that has been trending for the last 30 days or so. In fact, the number of single family homes that are available has declined 10 percent in the last month alone.

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Featured Home: This home at 226 Bayberry Lane is listed at $1,799,000. (CLICK TO ENLARGE) Photo courtesy of The Riverside Realty Group/ Bross Chingas Bross

The dwindling inventory is certainly not bad news for sellers. It has more of an effect on buyers who are wishing to purchase a home and close by the end of the year.

That means if and when a seller gets an offer, they should respond reasonably quickly, and maybe even more so than other times throughout the year.

This is simply because timing is everything during the fall months. 

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Posted 01:35 PM
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Friday, August 29, 2014

Westport Property Transfers Aug. 11 - 15, 2014

Westport property transfers as reported by the Town Clerk’s office for the period Aug. 11 - 15, 2014:

SIR-16 Long Lots Lane LLC to Jeffrey Scott and Shelly Rene Ramsay, 6 Long Lots Lane, $2,000,000WNproperty.jpg

Millee and Lyndon H. Taggart-Ratcliffe to Preston and Mary Jean Koster, 71 Long Lots Road, $1,632,500

Deborah M. Reif to Gautam Bhandari and Bhavana Joneja, 22 Surf Road,  $3,425,000

Linda Heinzelman to Richard and Jennifer Ratcliffe, 5 Clifford Lane, $1,765,000

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Posted 01:35 PM
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WestportNow Teardown of the Day: 5 Fragrant Pines Court

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An application for a permit to demolish the house at Westport’s 5 Fragrant Pines Court, off Main Street, is in process. Built in 1951, the 1-1/2-story cape has 1,476 square feet and is situated on a .5-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 10:41 AM
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Thursday, August 28, 2014

WestportNow Teardown of the Day: 191 Wilton Road

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An application for a permit to demolish the house at Westport’s 191 Wilton Road is in process. Built in 1900, the two-story contemporary has 2,164 square feet and is situated on a .41-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 01:21 PM
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Wednesday, August 27, 2014

WestportNow Teardown of the Day: 33 Sherwood Drive

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An application for a permit to demolish the house at Westport’s 33 Sherwood Drive, in the Compo Mill section, is in process. Built in 1925, the two-story contemporary has 2,180 square feet, is situated on a .11-acre property and changed ownership in November 2013 for $868,000. 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 11:46 AM
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Friday, August 22, 2014

Westport Property Transfers Aug. 4 - 8, 2014

Westport property transfers as reported by the Town Clerk’s office for the period Aug. 4 - 8, 2014:

Roger L. and Lisa K. Krakoff to Joseph B. and Karen Kleine, 64 Old Hill Road, $2,075,000WNproperty.jpg

Vanbrodt Estates LLC to Daniel and Hilary Cummings, 95 Valley Road, $1,461,500

James Richard and Erin Bormann Wilkinson to Darin L. and Stefanie B. Buchalter, 9 Sugar Maple Lane, $2,225,000

Phyllis L. and Leslie M. Madorsky to Edward and Laura Thomas, 5 Blind Brook Road South, $1,344,000

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Posted 10:49 AM
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