Since it was chartered in 1763, Stowe, VT has always been a star attraction to visitors and homeowners. The town, conveniently located between Mount Mansfield and Worcester Range, boasts scenic beauty unrivalled in the state of Vermont and beyond. In fact, it has become the Mecca of outdoor buffs including bikers, skiers, and hikers, among others.
Taking a Piece of the Gem
Well, if you want to grab a piece of the panoramic view, you can invest in one of the many listed properties. Whether you love the mountains or not, there is so much going for the real estate market in Lamoille County.
With a home in this region, you not only enjoy more revenue income through renting off-season, but you also get ideal lodgings any time you are on vacation. There is always a constant stream of outdoor lovers seeking fun and they require comfy lodgings which you can provide.
Irresistible Numbers
Looking at the numbers in the real estate market, this is the right time to buy. For sellers, market indicators also paint a better picture compared to Q3 2014. Here are a few indicators.
- Average listing price: For the week ending November 25th, the average listing price stood at $564,103 which is a drop from the previous quarter. If you want to get the best deal, this is all the more reason to start looking for Stowe, Vermont real estate listings to identify the best properties.
- Number of sales: The market has been abuzz in the village over the last few months though the numbers are still lower than last year’s. 198 homes have been sold, 56 recently. This means both sellers and buyers can negotiate for the best deals in the market.
- Median home prices: This is one of the most interesting facts about the market this year. The median price has shot by 21.4%. With a busy year drawing to a close, prices are expected to fall during the New Year. If you are looking for a home in the city, this is the time to start perusing the listings.
Getting Value for Money
Well, there are many other reasons to put your money in North Vermont. The Ski Capital of the East has the best schools in the region. You will also be investing in the middle of one of the most fascinating hiking trails, best ice runs in the East and a welcoming community. There are other attractions that draw people including the balloon festival, the Hyde Park Opera house and so much more.
There is no gainsaying the value of an investment in the town. Whatever type of property you want it is possible to get it now. With the financial expertise and local knowledge offered by realtors, you will be able to snatch the best buy in the market and easily at that.
The outlook for Stowe, VT real estate for the coming year is positive and indeed market analysts predict it could be the best post-2008 recession. Well, it is time to get down to work by getting the best realtor to get the highest ROI.
