Home Buying

New Home Prices in a New Market

As always, Mother Nature seems to be a hard time switching to spring weather for the season. However, the real estate season has started and it seems like it's going to be a busy one. Below are 4 great listings that have new prices!

594 Copenhagen Road, Waterford
Located in the private association of Waterford Springs, this home is beautifully decorated and energy efficient! There is a long list of home features to enjoy plus all amenities the associations has to offer: over 300 acres of common land with trails, a private sandy beach on the CT River with clubhouse, BBQs, tennis courts, quest house, and more.
Price Was: $550,000
NOW: $525,000

Learn more about 594 Copenhagen Road here.
 

143 Ferguson Road, Barnet
Built in 1990, this ranch-style home sits on just about seven acres, is private, has a pretty view, stone walls, a babbling brook, plus a detached garage/barn! A great location just a quick drive to Harvey's Lake and I-91, and convenient to the VAST Trails. One level living with a spacious eat-in kitchen, living room with Jotul wood stove, 3 bedrooms, and 2 baths.
Price was: $142,500
NOW: $137,500

Learn more about 143 Ferguson Road here



2589 Spaulding Road, St. Johnsbury

A very lovingly maintained cape style home on 27+/- acres facing a pretty view! A country feeling yet just drive a couple of minutes to stores and I-91. The spacious eat-in kitchen has country charm and doors that lead to deck and pool area. Living room with wood stove, dining room with doors leading to the yard facing the view. First floor master suite. 2 bedrooms, bath, and sitting area upstairs. Attached 2 car garage plus a detached 3 car garage with bonus room above. 
Price was: $379,900
NOW: $355,000

Learn more information about 2589 Spaulding Road here.

1631 Main Street, St. Johnsbury
Not always an easy find, this Main Street Victorian has almost an acre of land and a large, level backyard! Lots of living space, kitchen with cherry cabinets and island, living room with pellet stove insert, tin ceilings, enclosed rear porch. You'll love being walking distance to St. Johnsbury Academy, restaurants, movie theaters, and in-town amenities.
Price was: $265,000
NOW: $249,000

Learn more about 1631 Main Street, St. Johnsbury here.
 

 

A Home For All Seasons In Groton State Forest

For any outdoor enthusiasts, Vermont is an incredible place to vacation or live. In the Northeast Kingdom we have a myriad of places to enjoy nature. One of the largest natural wonderlands in the State of Vermont is Groton State Forest.  There are over 26,000 acres of trails, mountains, wildlife, lakes, ponds, and more! The endless list of activities is enjoyed throughout the year, such as hiking, swimming, fishing, skiing, horse back riding, snowshoeing, and so much more!

The most recent sport to be included in the winter fun is the addition of fat biking trails. Fat bikes (bikes with over-sized tires to give the ability to ride over unstable ground) allow mountain bikers to enjoy the sport year-round. In 2016 the Vermont Department of Forests, Parks and Recreation teamed up with VMBA and VAST and created a pilot fatbiking program in several state parks including three in Groton State Forest. Click here to check out the map of the trails (zoom in to Groton State Forest and click on the snowflakes to view the trails). The program has been going strong and the team is hoping in the future to host events at Seyon Lodge for rides and demos.
 
Currently I have a wonderful “year round home” listed for sale that is surrounded by “year round” Groton State Forest.  This log house is a perfect balance of the comforts of home and feeling like a get-away.  The biggest perk of the property is that it has 330 feet of frontage on Lake Groton! The lot is just over an acre and offers enough privacy at the end of a quiet road. Lake Groton is approximately 422 acres. The lake is long and somewhat narrow but large enough to offer ample water related activities!
 

 
Walk into the home and you’ll notice how light and airy it feels due in part to the cathedral ceiling over the main living space, light wood interior, and many windows facing the lake. A great house for hosting gatherings with it’s spacious kitchen that is open to the dining room and living room or barbequing on the waterside deck. There will be room for the whole gang with 6 bedrooms, 3 baths, and a finished lower level that offers a second kitchen, family room, and doors that lead right to the backyard and lake. 
 
Live here year-round, make it a vacation home, or a vacation rental for an investment with the bonus of being able to use it yourself.  Although a waterfront home on Lake Groton is just a fun fantasy for some, the good news is that we all have access to the wonders of Groton State Forest. 

Click here to view the listing 328 French Road, Groton, VT

Are You Pondering a Pond?

It may not have been the hottest (or the driest) summer in the Northeast Kingdom, but it was still a beautiful one. It was also one of the busiest in real estate we’ve seen in the last few years – and it’s still going strong! Recently, the team at Tim Scott Real Estate has listed several properties with private ponds. What better way to spend Vermont summers at home with your own place to swim, fish, or just relax by the water?

350 Partridge Lane, Danville


This country home on 19+/- acres has a private setting but is just a few miles to Danville village. The expansive back deck overlooks the backyard and pond. Surrounded by perennials, this home is perfect for those who love to entertain!

299 Maple Lane, Danville

Love to play outside? Here is a 34.5+/- property with so much to offer! Not only does it have a pretty stone landscape pond near the spacious home, there is a larger swimming pond on the lower property. Next to the big pond is a tree house that is solar powered. Fire-pits, patio, deck, sauna, hot tub, pool, fields, barn, outbuilding and close to LV Rail Trail!

1353 Hines Place, Walden

Here is a property for the nature enthusiast! Land borders Steam Mill Brook Wildlife Management Area - over 10,000 acres of state owned land! Solar-powered home is on 20.5+/- and has a large spring-fed pond. Large outbuildings for your toys!

651 Sutton Road, Wheelock

This well-maintained ranch style home is on a 5.3+/- acre lot, faces a pretty view, has lots of perennials, and a perfect little pond in the backyard. Sliding doors from the kitchen area lead to a rear deck which makes for easy outdoor eating. 

263 Bedor Lane, St. Johnsbury

The pond on this property is located next to the 4-stall horse barn and is just one of the many appealing features. Colonial home faces an amazing mountain view, has an attached 2-car garage, a riding ring, on 31.44+/- acres!

Own a Piece of Peacham History with Mack's Mountain Farm

I believe few would argue with the statement that Peacham is a very charming Vermont town. Settled in 1776 the village has a pretty view of the mountains, the delightful Peacham Café, and streets lined with eye-catching historic homes. Many of these houses have small signs on their front lawn stating the year it was built and the name of the house. It is no wonder why so many flock to Peacham to photograph its beauty, especially during the foliage. The community-oriented town holds many festivals such as a Fall Foliage Festival and the Fourth of July Tractor Parade. During such events, these “Historic Homes of Peacham” are often an attraction and photographed by tourists and locals. The neighborly homeowners often welcome spectators… just another alluring trait of Peacham.

 You may be familiar with the book “Historic Homes of Peacham”. This beautiful hard-covered book was created by members of Peacham’s Historical Homes Committee. If you haven’t seen it, I highly recommend checking it out. A copy can be purchased through the Peacham Historical Association , at the Peacham Corner Guild (open seasonally)  or the Peacham Library. The book has wonderful old photographs and gives you a glimpse into the history of the many homes we admire.

 Recently TSRE listed a property about half way up Mack’s Mountain on Lanesboro Road. This antique home is featured in the book titled “Mack’s Mountain Farm”. The house was built in the early 1800s. When you compare the two photos it’s apparent the house has changed since the first photo taken in 1880, as houses often do. According to the write-up, the home is a Classic Cottage but “…the door surround is unusual. It features three-quarter-length sidelights with clapboarding continuing beneath them and a wood lintel atop the door and sidelights.” The house still features the three-quarter sidelights.

 The property has had many owners since the first recorded owner Moses Watts in 1792. After 200+ years, it’s hard to say for certain which house details are original and what was added over the years. Yet, it is obvious much of the character of this home is antique. Hand hewn beams have been exposed in the ceiling of the living room and kitchen, there are wide-board floors, wainscoting, built-ins, and so on. This home has been loved but is ready for the next home-owner who appreciates the character of an old Vermont farmhouse and can give it the attention it needs.  The house sits on 40 +/- acres and is enrolled in Current Use which helps with the cost of property taxes. Click here to view the listing.

 On the topic of “Historic Homes of Peacham” there is another TSRE listing featured in the book. On page 30 you’ll find “Hobart’s Barn” one of the oldest barns in Peacham. “Hobart’s Barn” is in the village and on the lot of 480 Bayley Hazen Road. The home was built in 1819 and has a perfect combination of antique details and modern updates. You can check out that listing here.

 I want to extend a big thank you to the Peacham Historical Association for keeping the history of Peacham alive in the community. 

Meet Your Local Professionals: Part 2 - Steve Dukette of Covered Bridge Professional Home Inspections

There are many parts to a real estate transaction. While a real estate agent will guide you through the process, it is often a team effort with several professionals along the way to ensure a successful closing. At Tim Scott Real Estate, we have the privilege of working with many local professionals who really go above and beyond for their clients.

An important step as a buyer after your offer is accepted on a property is to have a home inspection. This step is optional but highly recommended. Sellers are obligated to disclose all they know about their home, but there can be issues that the home owner is unaware of.  A home inspector’s job is to look at a long check list of items including the grounds, structure, electrical, plumbing, roof, and more. The inspector will report which items are in good condition, in need of repair, and can recommend appropriate professional(s) to get a quote if necessary.

It can feel very overwhelming to a buyer. A good home inspector will take the time to educate their clients, answer questions, and present them with house issues without panicking them. I can tell you from personal experience that Steve Dukette embraces all those qualities.

Steve is a Vermonter. He grew up in the north end of Barre, Vermont and now resides with wife and business partner, Sue Dukette, in Troy, VT.  They have two grown children; a son who lives in Colorado and a daughter who lives in New Hampshire with Steve and Sue’s granddaughters, ages 15, 5, and the newest addition, born in February of this year.

Steve has been a home inspector since 2002 and opened Covered Bridge Professional Home Inspections, LLC with Sue in 2007. Sue is the Client Office Coordinator. The team also includes Inspectors Aaron “AJ” Houlne from Campton, NH; Barry Sykes from Derby, VT; and Jamie Milholland.

TSRE: Is there anything a buyer can do to prepare for a home inspection?

Steve: Set aside 2-4 hours for the inspection without distractions. Be with your inspector the whole time, give them space to do their work but ask questions and let them know your concerns. It’s a great opportunity to get to know the home and how it operates. When you get the report, it will make more sense to you because you got to see it firsthand.

TSRE: Do you have advice for a first-time home buyer about the home inspection process?

Steve: Try to be calm. Take a first-time home buyer’s class – you will learn a lot! You are the CEO of this process, be your own advocate. Surround yourself with true professionals. Interview all potential parties in the buying process; loan officer, Realtor®, home inspector, etc. Go with who you are comfortable with. If it doesn’t feel right, interview others until you have a great team that will fully represent your interest 100%.

TSRE: What is something that has changed in your profession since you started?

Steve: Reporting! Some companies were very old-school, using a single paper for an inspection report with hand-written data. We were the first in our area to use a digital report with pictures. Today’s reports are very detailed as more interested parties are looking at them aside from clients/Realtors®.

TSRE: What is the strangest thing you discover during a home inspection?

Steve: A note on top of a quilt that read “Line this coffin with the quilt before putting me in. Thanks.”

TSRE: How far will Covered Bridge inspectors travel?

Steve: We service the northern and central regions of VT & NH with locations in: Troy, VT; Derby, VT; and Campton, NH. Having multiple licensed inspectors in both VT & NH we can service most requests for inspections, even when under tight time frames.

To contact Covered Bridge Professional Home Inspection you can call them at (866) 388-2692, email info@coveredbridgeprofessionalhomeinspections.com or visit online www.coveredbridgeprofessionalhomeinspections.com

5 Tips to Avoid Moving Day Panic

Whether you’ve lived in your home for a year or sixty years, have a large house or a small apartment, moving day can be a tremendous chore if you’re not prepared. It’s truly amazing how your possessions can seem to multiply as you start to pack them. If you are selling your home, your house has to be “broom clean” prior to closing. If you put off moving to the last minute, it can be a very stressful experience. Here are some tips to consider before you reach the point of moving day panic.

 

1. Start the Day You Decide to List Your House.

One of the very first tips the team at Tim Scott Real Estate will give you, once you decide to sell your home is to remove excess clutter. This is one of the most beneficial rules of staging – plus it gets you started on the packing process. Go through closets, cabinets, basements, garages and if you’re not using it - either pack it, donate it, or toss it.

 

2. Make Some Meals Ahead of Time.

Once you’re in the nitty-gritty of packing up to move, often you are too tired to cook – plus you may have already packed away pots and pans. A few weeks prior, make some meals you can freeze such as lasagna, pot pies, or casseroles. You’ll save money (and maybe a few calories) by avoiding continuous take-out.

 

3. It’s Going to Take Longer Than You Think.

Consider what you own, the amount of furniture, etc… if you figure it will take two days to get everything packed up, do yourself a favor and add a day or two to your estimate. It’s better to give yourself too much time than not enough.

 

4. Have a Little Help from Your Friends.

Make sure to recruit help! That’s what friends and family are for, right? Ask a few extra people in case it turns out someone can’t make it that day. Don’t forget to tell them there will be food and beer too…and don’t forget to provide it! Pizza is always a crowd pleaser – or perhaps one of the meals you cleverly made ahead of time.

 

5. Call in the Professionals

Worried that your well intentioned, yet clumsy brother-in-law might do more harm than good? Call a professional moving company. Allen and Coles Moving Systems out of Lebanon, NH offer a full range of moving services. (866) 257-2114

Also, if you’re feeling that you’ll end up with a good pile of stuff that needs to be tossed, consider calling Fred Harris of EZ Trash and schedule for a trailer to be there or for him to come get it with his dump truck. He’s very reliable and reasonable rates. EZ Trash (802) 748-0144 or easytrash@gmail.com

 

Good luck with your move! Contact the Team at Time Scott Real Estate with all your real estate questions.

4 Tips to Keep Your Focus When Searching for Your Dream Home

Haven’t we all put at least a little thought into our fantasy home? It’s easy to do, especially if you are active on Pinterest! It’s fun to “pin” images of immaculate and professionally designed homes with expansive kitchens with commercial appliances and backyards that would require the hiring of a full time gardener.

An important  step in finding the right home for you, is finding the right balance between wishlist and reality.  Regardless if you are a first time home buyer, moving up, or downsizing, when you are ready to start house hunting you have a list of features you’d like to have in your home. That’s great – it’s important to know what you’re looking for, but I have a few pointers that may help if you a struggling to make a decision.

1. Avoid the Phrase “Move-In Ready”

For starters, “move-in ready” is a really broad description. There is a difference between wanting to avoid major renovations and being able to move in without making any changes or repairs. People’s taste in décor varies and unless you are buying a brand new house, the house is not going to be in perfect condition (even brand-new houses can be in less than perfect condition).

2. Realize That FOMO is a Real Thing and You May Be Experiencing It!

FOMO (fear of missing out) happens to the best of us. This can happen when you’ve been viewing homes and you find one that you want to make an offer on, but you fear that as soon as you do, a better one will come on the market. Just remember, it’s natural to be nervous – purchasing a home is a big decision, trust your instincts and keep your eye on the prize!

3. Decide What is (Really) Important

You’ve made your list, but after viewing a few houses, you are discovering you may have to whittle your list down according to your budget and realities. Try this exercise- make a list of all your wants, circle the top ten must-haves on that list, then put a star next to the most important five items. You could even take a step further to the most important three items. House hunting is easier once you establish what your top priorities are.

4. Find a Real Estate Agent You Trust

Sometimes after you start actively looking at homes, the ranking of your wish list can change. It is really beneficial to work with one real estate agent. When you work exclusively with one agent they learn more about you and what you are looking for in a home. It’s important to choose an agent you feel comfortable with. Find someone that won’t rush you, takes the time to find out the answers to all your questions and can help guide you through the process of buying a home.

Feel free to contact the team at Tim Scott Real Estate with any questions.

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3 Ways to Make Your Offer Stand Out

A recent trend in real estate, in the Northeast Kingdom is the increase in activity for homes in the $150,000 to $200,000+/- price range. As we continue to see low interest rates, the number of actively-looking home-buyers increases.

In the last couple of months, at Tim Scott Real Estate alone, we’ve had five of our listings in that price range go under contract within 2 weeks of listing! Four out of five of those listings had multiple offers.  Great news for Sellers – if you’ve been considering listing your home and fall into that price range, it may be the perfect time to act. 

However, as a Buyer in this competitive market, if you become one of multiple offers on the house - what can you do to make your offer stand out?

1. Have Your Pre-Approval Letter Ready to Go

If you’re going to be financing the property make sure to have your pre-approval letter updated and present a copy of the letter with your offer. If you feel that having the full amount of your pre-approval will inhibit your negotiations, have your loan officer provide you with a pre-approval letter without the full amount your pre-approved for. Your lender can change the number to coincide with your offer. Most sellers will not even consider an offer from a buyer that has not consulted with a loan officer.

2. Less is More…When it Comes to Contingencies

Even if the amount your offering is strong, sellers can feel overwhelmed if the offer comes with a laundry list of contingencies. The less contingencies there are, the better the chances the property will close and therefore be more appealing to sellers. Keep only the contingencies that are important and protect you as a buyer.

3. Include a Personal Letter

Although home owners want to get top dollar for their properties, it also can be a very emotional experience. Write a letter to include with your offer describing who you are, what your family is like, and what you love about their home. It can be very reassuring to a seller to know that the next home-owner will love the house as much as they did. It can be that extra weight to tip the scales in your favor if the competing offers are similar to yours.

Contact the team at Tim Scott Real Estate with any questions about the home buying or the home selling process.

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Fannie Mae Offers Financing for Energy Efficient Upgrades

Fannie Mae Energy Efficiency UpgradesSomething that draws home-buyers to Vermont again and again is the history and charm of older homes. From the classic Victorians of St. Johnsbury to century old farmhouses scattered throughout the Northeast Kingdom, it’s easy to love these homes, the original features, and designs you don’t see in newer construction. I know I do. It’s the type of home my wife and I purchased for our family and we love it. However, often a buyer will fall in love with one of these properties but feel conflicted by the obvious pros of a newer constructed house and the energy efficiency benefits it offers.

The good news is Fannie Mae has announced its HomeStyle Energy Mortgage. This allows a home-buyer to finance up to 15% of the home’s appraised value for energy related upgrades. This can include weatherization, installing water efficient showers and toilets, improving insulation, upgrading windows and doors and more.

This is a wonderful opportunity for home buyers to invest in our historic homes and feel confident that they are able to improve the energy efficiency of the house to ensure a comfortable home, energy savings and help reduce their carbon footprint. Kudos to Fannie Mae!

Read more about it on the Fannie Mae website.

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