Wednesday, April 22, 2009

Skaneateles Real Estate - The Weekly Update

You took my advice and did buy a house or two this week - thank you!

So I don't forget: Thursday evening is our mortgage discussion and learning session with John pettrus from Key Bank. It will be held at 3862 Highland Avenue, which of course just happens to be on the market and listed by me, from 7:00 to 8:00. Please come! John will be talking about more than just the new homebuyers' tax credit. He'll answer your questions about everything - well, almost everything!

There are currently 134 listings in the Skaneateles area as defined by the multiple listing service. Six new ones came on the market in the past week and there is something for everyone. If you like small camps there's one out there for under $350,000, complete with its own independent toilet. More room needed? Try the waterfront with 1300 sf and almost twice the price. If you'd rather build, close to the village, Butters Farm now has a home under $400,000 - 3 bedrooms, but the prices have changed a bit. Not enough land? You can purchase almost 20 acres plus a house and a stable for under $500,000 not far out of the village. And if all you want is to put your feet up after walking a block from the Bluewater, there's a village home on a tiny lot just waiting for you - no mowing, and even a guest cottage for your help.

One property seems to have sold this week. This was waterfront with acreage down the south end of the lake. I am looking forward to seeing the actual price of the sale as a starting point for camps under one million this season. I went to an open house this week in the same general area - still pristine and quiet and so different from the village end of the lake.

We have two newly closed properties. My bet is that the $60,000 paid for the little house outside of the village will be the lowest price of any this year. A newly constructed home just closed also in the mid-$300,000 range. Waterfront homes are outselling new construction 2:1, but the year is young. As promised I will write out the list of closed homes and their prices in another blog now that we are over 20 homes closed.

But come to the mortgage seminar - I would love to hear that you read my blog and heard about it here! No need to reserve a space - there is always room for my loyal readers!