WeLoveLofts.com    

 

Weekly Update                                                   REMAX 1st CHOICE
Issue #92                                                             February 17, 2010
To my Loyal Loft Loving Friends and Clients,  

 

Last week's email was sent to around 725 subscribers and was opened 225 times.  The people at Constant Contact (the service that I use to send this email) say that 7% - 8% opens is a good ratio.  We're running at around 31%.  Not bad...

 

I'm finding that the people that call or email me fall into one of three categories.  I'll describe those groups, their different needs and how we try to help them below.

 

I've started to show 847 Weeden in Pawtucket to select buyers.  This property is a stand alone 3700 SqFt loft building with an integral two car garage and potted gardens in the back yard.  I'll put one picture below and hope to have the property on my web site as a full listing by next week.  This is a nice one!!

 

The owners of Unit 8 in the Ropeworks Building in New Bedford have decided to drop the price yet again, and will no longer be offering the unit for rent.  This unit is wonderful and way underpriced, but it is time to sell and they have done what it's going to take to find a buyer.  We're also advertising in Art in New England, so expect that this unit won't last.  See a link to the full listing below.

  

There are many changes to the market again this week.  Interestingly, I have found several stand alone and over-sized properties that have been or could be converted to lofts, including a properties in Warwick, RI.  I often get requests for properties of this type so I'll put some links to the new listings below.

  

I just took an offer on Unit 404 in Mile Square Lofts.  As this is a short sale, we'll have our fingers crossed for the next 12 weeks.  The link for Unit 304 in Mile Square is now active below!!

 

I've been kind of ignoring a property named Bernon Mills Estates, so I've added the most expensive unit and least expensive unit to the master site.  I've posted a link to the expensive one below.

  

I've been having some fun with my WeLoveLofts Blog. I can't say that it 100% is a loft blog, but it's 100% me.  Check it out, but please don't hold what I say or post against me.

  

WeLoveLofts Blog

 

Please call me when you are ready to start looking for a Loft or other type of home.  It is a gift to be able to help clients find homes that they love.

 
John


What kind of buyer are you?
 

I'm finding that people that call or email me fall into one of three category. 

 

The first category includes clients that are just starting the process of finding a new home or may at some time want to sell their home.  I like to spend some time on the phone with these people, add them to my Weekly Update List, and perhaps meet with them in my office for an hour.  It is my goal to explain the process of buying or selling to them and help them understand the current market environment.  I usually show them properties that will fit into their budget, or are comparable to what they hope to sell.

 

The second category are those that are really ready to start the process and want to buy or sell in the next 3 - 6 months.  I always invite those clients in to start this process with a meeting.  I will generally set up some extensive searches of properties that meet their criteria, and use that info to set up some appointments.  We will also set up auto-updates to get them up-to-date info on new listings in the neighborhoods that they like most. 

 

The last group is ready to buy or sell NOW.  For this group, we pull out all the stops.  Searches, appointments, meetings, we bring out all the tools!!

 

No matter where you are in your search, please feel comfortable reaching out to us.  It is our gift to help to help you buy or sell a home that you love. 

847 Weeden available for $365,000

  
  
Oh man, nice loft!!  3700 SqFt of stand alone loft home in converted masonary factory building.  Modern design, open floor plan, green building techniques, organic veggie, fruit and flower gardens, and a two car garage.  This is a dream property.
  
  
  
   
  
Oversized Lofts - New to site
  

 

 

     121 Front St - Bernon Mills Estate

 

 

 

 

 

 

 

 

    

     Courthouse Lofts - 5 Condo/Lofts for $399,000

 

 

 

 

 

 

 

 

     800 West Shore - House and Loft Studios

 

 Click the link below for details:

 

Pawtucket Arts Collaborative Members' Juried Exhibition

 

   

Mile Quare Lofts new LOFT Listing 

 

I just listed Unit 304 in Mile Square Lofts for sale.  This unit has been nicely modified with a nice and adjoining walk in closet, a work area, and a cool living and dining section.  There is currently a tenant in the units so buyers will have to wait until around September to move in...or could continue to rent, as an investment.  This unit totals around 1950 Sq Ft.  Click on the link below for the full listing:

404 Roosevelt Ave Unit 304   

Mile Quare Lofts new LOFT Listing 

I now have an offer for this unit.  Let's see where it goes...

Mile Square Lofts Unit 404

   


      

 

Unit 8 in Ropeworks LOFTS

I know that its crazy, but the price for Unit 8 in Ropeworks Lofts has been dropped again to $219,000.  Please note that this is a Visual Artist's Community and buyers and tenants must have some working interest in the arts.  Click on the link below to see more pictures and the full listing:

Unit 8 in Ropeworks Lofts 

 

This is an open live/work loft, in restored mill building, in a visual artists' community promoting innovation and creativity. Owners have long north facing skylights, garden option, common patio/barbeque area, shared gallery space.

For RENT - Units 202 and 206 in LOFTS at the Strand

   

Unit 202 in Lofts at the Strand is now AVAILABLE for rent .  The address is 79 Washington St in Providence, RI. 

The asking price is $995 per month.  This unit has undergone a face lift consisting of new floors in the Bedroom, Living Room and Hallways, painting of all the walls, and new blinds for the windows.  I will take pictures as soon as the work is complete.

If you are looking for a downtown Providence Loft at a very reasonable price, this might be your chance!!  Unit 206 is for rent, as well!

 

Riverfront Lofts - Unit 616 Price Drop

The price of Unit 616 in Riverfront Lofts has dropped from 199,000 to $189,900.  this cool space comes with 2 parking spots and the biggest skylight that I have ever seen.  check out the full listing on my web site by clinking the link below:

 

 Riverfront Lofts Unit 616

Weekly updates
          

WOON119 Front St101$189,000ActiveNew to Site
WOON119 Front St102$165,900ActiveNew to Site
WOON119 Front St103$199,000ActiveNew to Site
WOON119 Front St104$165,900ActiveNew to Site
WOON119 Front St201$237,500ActiveNew to Site
WOON119 Front St203$242,500ActiveNew to Site
WOON119 Front St204$235,000ActiveNew to Site
WOON119 Front St301$257,500ActiveNew to Site
WOON119 Front St302$250,000ActiveNew to Site
WOON119 Front St303$262,500ActiveNew to Site
WOON119 Front St304$255,000ActiveNew to Site
WOON119 Front St401$299,000ActiveNew to Site
WOON119 Front St403$280,000ActiveNew to Site
WOON119 Front St404$270,000ActiveNew to Site
WOON121 Front St0$350,000ActiveNew to Site
SMTH15 Higgins Street416$179,000ActivePrice Changed to $164,900
PROV150 Chestnut StE$325,000ActiveNew Listing
WOON24 Front St1, 4, 5, 6, 7$399,000Active 
PAWT300 Front Street111$119,900ActivePending
PAWT300 Front Street208$89,900ActivePrice Change to $84,500
BRIS345 Thames Street109N$1,699,000ActiveNew Listing, need to add
NKNG40 Web Ave109$145,500ActiveNew Agent, price changed to $129,900
PROV79 Washington St206$79,900PendingSold for $73,000
Woon99 Allen Street216$139,000ActivePending

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