WeLoveLofts.com

 Weekly Update
REMAX 1st CHOICE
Issue # 66
October 19, 2010

 
To my Loyal Loft Loving Friends and Clients,

There was a really good article in MSN Money about 10 Reasons that you should buy a home (Loft) now.  I will summarize the article below for those that are on the fence about buying.

Both of the Properties in New Bedford have dropped their price by $10,000.  These lofts are really great and the development is truly focused on providing options for working artists.

I've gotten 17 responses to my "Why a Loft?" survey, I'll summarize below.

It is a gift to be able to help clients find homes that they love.

John

"Why a Loft?" Survey Responses

What do you love about living in a Loft?
 
All of the respondents loved the overall aesthetics and sense of style that a loft afforded them.  Specifically, they also noted that they loved the open space and the freedom to place object and create rooms.

What are the negatives of living in a Loft?
 
75% complained about a lack of outdoor space.  Other concerns included the areas that lofts are typically built in, the noise transmission between units and through floors, and their inability to BBQ.


How would you describe your lifestyle?
 
35% Straight shingle, 12% Gay single, 35% Straight couple, 18% Family with Straight parents.  (It's my guess that some of my gay clients probably forgot to take this survey).

What else would you like to say about living in a loft?

 "I'm interested in live/work spaces. Nice living space with workshop or studio. High ceilings are also important; especially in workshop, but good in living space, too. I believe a true loft is a loft because of the vertical space available."

 

"The best thing about at loft to us is the open space it provides. There are unlimited possibilities for creating our space for living."

 

"I don't, nor ever have, actually lived in a loft, but have spent time at friends' lofts over the years. If I were ever to consider living in a city, a loft is definitely the way I would go, and WELOVELOFTS is the first place I'd go to find one!"

 

"Lofts are appealing due to the history and character that their building have, giving them that added value and sense on belonging - of place and time."

 

"Its a great experience but be ready to live within each others close space, if you can do that this is for you. You must like decorating which most loft people do. Great for single couples or a young couple. I love it so far."

 

"It is amazing to have a blank canvas to create a space to live."

 

"A loft can be designed. The bathroom and the kitchen are fixed, but everything else is up to you. I want a small bedroom to maximize living space. In my loft, I can do that; in a regular apartment, you're stuck. You can't easily put a kiln or a grand piano in most 700 sq ft spaces, but you can if you aren't limited by pointless walls."

 

"The flexible space, with a mixture of studio and living space, high ceilings, great party space, and the light! "

 

"Open concept is appealing. Safety."
  
10 Reasons you should buy a home (Loft) now
  1. You can get a good deal
  2.  Mortgages are cheap
  3. You'll save on taxes
  4. It'll be yours
  5. You'll get a better home (than renting)
  6. It offers some inflation protection
  7. It's risk capital
  8. It's forced savings
  9. There's a lot to choose from
  10. Sooner or later, the market will clear
    If you would like to read more, click on the link below to read the whole article...

 

New Listing in Blackstone Lofts

We just listed Unit 408 in Blackstone Lofts.  I have included some very specific info below, should anyone consider making a short sale offer on this property.  This is one that will not be around for very long!!  See the full listing at:  Listing for Blackstone Landing Unit 408


300 Front Unit 408   

I want you to sell my house (not for the easily offended)

If you call me and I take a pass on listing your home or loft, you might want to take a look at this video to figure out why I'm passing on the opportunity.  You can also watch the video if you're not offended by a little realtor humor.  (click on the blue link to see the video)

I want you to sell my house. 


I want you to sell my house

404 Roosevelt Ave, Unit 305

Here are some pictures of the new rental Listing that I have at 64 Eagle Sq in Providence. 
This amazing space is for rent on the outskirts of Federal Hill. Rent is $2100.00 plus utilities.  There is an upstairs 2000 SqFt, 4 bedrooms (one is a small loft), open kitchen, roof garden (1 story up), and the rent includes access to 500ft studio space on ground floor for music/gallery/events.


 64 Eagle 364 Eagle 1
 
64 Eagle 2  64 Eagle 4                                               


404 Roosevelt Ave, Unit 305
   

OK, so Unit 305 is still for sale.  Since I want sell this beautiful Loft and move on to renovating another property, I am lowering the price to $205,000.  At this price, I will still throw in the 25,000 BTU AC unit (installed), and provide a $2500 credit for appliances.  Let's see if that shakes things up a bit.


Jap Lant                                                               


Rentals Spotlight



201 walls and door



Annex   Basement 


763 High St  Annex and Basement Lofts - $1700 per month for either
 

Weekly updates


 
SMTH1 Tupperware Drive205$219,000ActiveSold
NSMF1 Tupperware Drive306$289,000PendingBack on Market
SMTH15 Higgins Street316$149,900Active New 
LINC2 School St227$175,000ActivePending
LINC2 School St423$155,000ActivePrice Changed to $154,000
PAWT300 Front Street215$114,900Active NewNo Pics
PROV333 Atwells 203$299,000Price Change 
BRIS341 Thames Street201 S$375,000Active New 
CFLS404 Roosevelt Ave202$172,500 ActivePrice Changed to $165,000
CFLS555 Roosevelt Ave201$199,000ActiveExpired
CFLS555 Roosevelt Ave205$165,000ActiveExpired
CFLS555 Roosevelt Ave207$199,000ActiveWithdrawn
CFLS555 Roosevelt Ave209$239,000ActiveWithdrawn
CFLS555 Roosevelt Ave501$499,000ActiveWithdrawn
ESID555 South Main St233$259,900ActiveBack on Market
WOON685 Social Street310$159,900Active New 
  

Good luck in your search.  I am usually available to help you find the home that you dream about. 
 
Sincerely,
 
John Risica
In RI   401-439-3634
In MA 617-755-5564