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Testimonial
JazzFest Falmouth 2011
Vineyard Images
Local Market Trends
First, Second, Last
Condos & Townhouses
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Testimonial

 

"We would like to thank Nadine for her tireless efforts in our search for property on Cape Cod. She showed us many places and helped us realize we wanted to focus our search on Falmouth. 

 

 

Her commitment and diligence were commendable, as was her knowledge of the area. Without a doubt, Nadine is the best real estate professional we have ever worked with. 

 

 

We would not hesitate to utilize her services again in the future. We highly recommend Nadine!"

 

~ Steve & Jane Maiocco,
Topsfield, MA

 

 

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Around Town:

 

JazzFest Falmouth

   

JazzFest Falmouth  

 

The first weekend in October was JazzFest Falmouth

 

Friday night was Jazz Stroll, and jazz ensembles were playing outside and inside all over downtown. It was wonderful to be out amid happy people enjoying great music, great food, and a great atmosphere.

 

Saturday night, I went to the Stan Strickland Quartet at Highfield Hall. It just couldn't have been better. 

 

Mark your calendar for next year!

 

Join Our Mailing List
 

 
Vineyard Images
(Photos by Nadine)  

 

 Photographer workshop

  

 

 

 

 

 

Peter Simon

 

 

 

 

 

 

Fishermen's Derby

 

 

 

 

 

 

Artist painting

 

 

 

 

 

 

Edgartown Sunset 

 

 

 

 

 

 

Gay Head

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

  

  

Falmouth Fine Properties
CCP

 

Greetings!
  
Edgartown Sunrise
Edgartown Harbor Lighthouse
(Photo by Nadine)

Will any of us ever forget what we did Columbus Day weekend of 2011? If you were anywhere on the Cape that glorious weekend, it was the gift of a summer surprise, including swimming in warm ocean waters. I treasure my September swims, and keep informal tabs on the date of my last swim, but I don't remember 80-degree days in mid-October. How lucky we are to be in such a beautiful place during this spectacular weather!

 

I had the good fortune to be on the Vineyard that weekend for a photography workshop with Peter Simon. It was a photogenic place at the best time of year, and I got a few good shots (see left sidebar). My favorite times and places were sunset at the fishing derby at Wasque Point on Chappaquiddick Island (which, if you're a fisherperson, is what you live for all year); sunrise at Edgartown Light; and an afternoon and sunset at Gay Head that honestly for me, was better than the Grand Canyon. The scale was better. The Grand Canyon is, well, so grand! It's hard to take pictures that capture the vista, and so many others have taken way better pictures. But Gay Head on Columbus Day 2011 couldn't have been more beautiful. If you haven't been lately, go now. The Vineyard at this time of year is really scenic.

 

Black DogThe other fun thing I did was to eat at all The Black Dog eateries on the Island. After all, this is the birthplace of the brand that has come to symbolize the Vineyard to those in the know. Homemade doughnuts in the morning, delicious wraps in the afternoon, scrumptious scallops for dinner, and always great coffee! I also scoped out the current Black Dog stuff, just in case they have their warehouse sale again this January. This is a true warehouse sale - once a year only, for a weekend, in a warehouse in Wareham (some unintended alliteration here), with stuff in boxes. But my family looooves the quality of The Black Dog apparel, especially sweatshirts and tee shirts, so this is bargain-hunter's nirvana - super quality at a fraction of the regular price. Sign up on their website, and I'll see you in line in January. (Hey Dan, you are going to have this sale this year, aren't you?)   

Local Market Trends

 

So - real estate... The market around here continues to be unpredictable, but overall, a bit stronger than 2010. Certain houses will come on the market and sell within 2 weeks for a very strong price. Other homes - nice, well-priced - have nary a visitor. 
 
Some of the more expensive homes are selling because those buyers are frustrated with anemic stock market returns and appear to be putting their resources into a home that they can enjoy. 
 
The Globe had an interesting article on October 2 that had a graph showing the rise in cash sales in MA from 2005-2011, from 15% to 34% - not insignificant. Some of these buyers obtain financing after the closing, but buying for cash can eliminate some stress, speed up the closing, and sometimes be a valuable bargaining factor. 
 
If you don't have the cash, banks are eager to lend, and rates haven't been this low in decades. Someday, we'll look back on this and congratulate ourselves if we took out a loan or refinanced. I remember vividly when rates in 1980, a year after I started in real estate, went up to 19%. Painful!
First, Second, Last 
 

That's the market - here are the homes. A friend of mine from my book club commented that some of her friends are beginning to think about selling the big homes they bought when they retired here and would like to downsize to something more manageable and in-town. 

 

As I was describing some of these homes to her, I realized that this is the "First, Second, Last" kind of property: it suits the first-time buyer, the second-home buyer, and the last-home buyer. We've got some good choices!

 

#21108648

93 Pebble Lane, North Falmouth

$339,000

 

93 Pebble Lane, North Falmouth

 

This is a favorable price for this location, and with 4 bedrooms, 3 baths, and 1,424 sf., it's a manageable size. Convenience stores, restaurants, cleaners, and hair salon are all an easy walk. One other home on Pebble Lane that is for sale is #52 at $359,000 (#21106542).    

 

#21103444

106 Minot Street

$399,000

 

106 Minot Street

 

Convenient central location in Falmouth Village. Tastefully renovated, 4 bedrooms, 2 baths, 1,848 sf. 

 

#21105288

71 Minot Street

$229,900

 

71 Minot Street

 

Same ideal downtown location, but for the buyer wanting to do the renovations. Two bedrooms, 1 bath, and 1,094 sf. at present, but less than the cost of a lot in this location, so you have a headstart on building costs. (And assessed at $280,300!) 

 

#21107668

44 Oakwood Avenue

$349,900 

 

44 Oakwood Ave.

 

Again, in-town, and with 4 bedrooms, 3 baths, and 1,656 interior sf., already updated.   

 

#21108349

59 Gull Road

$799,000

 

59 Gull Road  

 

So maybe this isn't for the first-time buyer, but for everyone else, it's between Main Street and the beach and is a classic, with 4 bedrooms, 3 baths, 2,338 sf., and a sought-after location.

 

#21108499

3 Providence Street

$650,000 

 

3 Providence Street  

  

In marvelous Maravista, near Wal-Mart, Shaw's, Home Goods, TJ Maxx, and Quahog Republic (AND the beach), this 3-bedroom, 2-bath, 1,200 sf. home has glorious views south and west over Little Pond and out to Vineyard Sound. Views and convenience! 

 

Other homes to look at are:

 

#21103983 

8 Fowler's Lane 

$895,000

 

8 Fowler's Lane
A charming house overlooking Siders Pond

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#21103900

9 Emmons Road

$650,000 

 

9 Emmons Road
Classic home
in platinum location

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#21107002

177 Siders Pond Road

$649,000 

 

177 Siders Pond Road
Platinum home
in classic location
(one of my favorites)

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#21108347

6 Summer Wind Lane

$499,000

 

6 Summer Wind Lane
Interesting
contemporary design

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#21108123

14 Bakers Lane

$455,900  

 

Bakers Lane
In the heart of West Falmouth on the bike path

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#21104616

159 Nursery Road

$299,900

 

159 Nursery Lane
Really cute, really small, really affordable

  

Condos and Townhomes 

 

If you want to walk to shops and restaurants but not have property maintenance, here are some wonderful condo/townhouse choices:

 

#21103279

93 Falmouth Heights Road, #5

$279,000

 

#21009992

51-#5 Carlson Lane

 $330,000

 

#21109011

110 Dillingham Avenue, #303

$358,000

 

 #21005889

34 Depot Avenue, #4

$389,000

 

#21107863

21 Pine Street, #1A

$449,000

 

#21105160

6 Westmoreland Drive, #2

$695,000

 

#21105178

597 West Falmouth Highway, #7

$715,000

Working on a big announcement - stay tuned!!
 
Nadine Krasnow
Cordially,
Nadine
  


Nadine Krasnow
Falmouth Fine Properties
(617) 921-7552
nadinekrasnow@earthlink.net
http://falmouthfineproperties.com

 

 

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Nadine Krasnow, CRS and Real Estate Owner/Broker since 1979, was the recipient of the "Best of Boston" Realtor award (Boston Magazine). Currently, Nadine is Owner/Broker of Falmouth Fine Properties, an innovative residential real estate practice in beautiful Falmouth, MA.
  
If you would like to share any part of this newsletter, please go right ahead, but with proper attribution to me as writer/photographer.
  
Copyright 2011.

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