Are you willing to drive a bit further to get more home for
your money? With single family home
prices continuing to increase many people are choosing to head to the outskirts
of Chittenden County. Even lifelong residents of Chittenden County are looking
to get more bang for their buck and choosing to move to the more affordable
areas such as Franklin County where their dollars goes a little further these
days and they can get a bigger home for their money. According to the Northwestern Vermont Board
of Realtors home prices have increased by 5.3% since July of 2013. Currently the average median price of a
single family home in Chittenden, Franklin and Grand Isle Counties is at
$268,450.00. Now what you can get for
that money vastly differs depending on the town that you are looking in. Currently if you are looking to spend between
$200,000.00 and $300,000.00 for a 3+ bedroom home with 1800+ square feet or
greater above grade a snapshot would look like this…. Top towns both in
Chittenden County and neighboring Franklin County with the most options are
Milton with 22 homes, followed by Fairfax with 14 homes. Trying to stay closer into the heart of
Chittenden County largely decreases your options to 3 homes in Colchester that
meet this criteria, 4 in Essex, 1 in South Burlington, 1 in Burlington and none
at all in Shelburne. Deciding to purchase a home is a huge decision, one of the
largest and most expensive ones that you will likely make. Connecting with a Realtor and really
conveying what is important to you and your family in a home is going to be
key. Your agent will know the market and
be able to direct you to areas that will meet your needs and ultimately get you
and your family settled into just the right home, in just the right town and at
the right price. Happy house hunting.
Author:Ryan Miller Phone: 802-999-6983 Dated: August 28th 2014 Views: 211 About Ryan: Coming from a family with countless years of real estate experience, I knew my calling early. After ...
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