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Matthew Teague

Matthew Teague

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January Home Maintenance Checklist for your Cape Cod Home

Posted by Matthew Teague on Mon, Jan 21, 2013

January Home Maintenance resized 600   Now that we are in the dead of winter, there are still opportunities to do maintenance on your Cape Cod Home.  This is a great time of year to identify leaks, drafts, or other issues that arise with the cold weather.  Some of the biggest potential risks at this time of year are leaks from ice dams, or frozen and broken pipes.  Take some time to walk through your attic and basement spaces and seek out potential drafts and seal them with foam.  Even a small amount of preventative maintenance at this time of year can save you from a very expensive repair! 

If you are heading south for the winter, and leaving your Cape Cod Home unattended, this is a good time to confirm all of your contact information with your homewatch or alarm service company.  Another inexpensive option is to have either a freeze alarm or water sensor installed to quickly identify a potential freeze or leak as soon as possible. 

For more information click here: January Home Maintenance Checklist

 

Tags: cape cod homes, Home maintenance, Home Watch

Top Ten Reasons for Home Automation in your Cape Cod Home

Posted by Matthew Teague on Thu, Jan 17, 2013

  Home automation has come a long way. In years past, we have installed home automation systems that were complicated, labor intensive and cost well over $10,000 for the most basic systems.  Today, with the integration of smart technology, and widely-available high-speed internet, these systems are becoming more popular. Many of our customers leave their Cape Cod homes unoccupied for much of the year, and with an investment of a few thousand dollars, live home monitoring has become a realistic feature that should be considered.  Here are some reasons you should think about adding home automation and monitoring to your next Cape Cod Home project.

  1. Real time information about your property
  2. HVAC Control and monitoring
  3. Safety
  4. Available Live Video integration

These systems are all expandable and can accommodate lighting controls, HVAC, security, home theater and even appliance monitoring, and nearly all of them can be controlled and accessed through you smart phone, PC or tablet!

Here is the complete article from Freshome.com: Top 10 Reasons for Home Automation

Cape Cod Home Automation

Tags: Home Monitoring, home automation, Security Systems

Hot Trends for your Cape Cod Kitchen - New for 2013

Posted by Matthew Teague on Mon, Jan 14, 2013

   Kitchens are a big investment, and probably the major feature of any new home or renovation project.  Trends for 2013 are moving towards durable, natural finishes, open designs that create a more "social atmosphere", and integration of technology and smart design for appliances.  If you are planning your new Cape Cod Home, or designing a kitchen for that long-awaited remodeling or renovation project, you might want to consider some of these ideas. 

Here is the full article from Freshome.com

Hot Kitchen Trends for 2013

Cape Cod Kitchen

Tags: Interior Desgin, kitchen, Design Trends

Home Design Trends for 2013

Posted by Matthew Teague on Mon, Jan 07, 2013

   It looks like 2013 will be a good year for real estate and home building, and there are some trends that we have seen over the last few years that will remain popular for 2013.

Here are just a few:

  1. Multi-Generational Living - designing for parents or children moving back under one roof
  2. Universal or Adaptable Design - planning for convenient handicapped or wheel chair access for an aging population
  3. Green / Healthy Home Concept - High efficiency HVAC with fresh air exchange to guarantee a long term, healthy indoor environment
  4. Outdoor Living / Courtyards - Private spaces in the back yard area with areas for entertaining, cooking etc.
  5. Sustainable Landscaping - Using hearty, drought resistant plants which provide low maintenance and color

These are just a few of the new home design trends for 2013,  for more, click here to see the article from TulsaWorld.com: 2013 Home Design Trends

If you are thinking of building, remodeling, or renovating your Cape Cod Home, then click below to contact us:

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Cape Cod Builder

Tags: Home Design, Design Trends

Home Prices On The Rise, Great Time to Invest in Real Estate

Posted by Matthew Teague on Fri, Dec 28, 2012

   This week JP Morgan Chase stated that they are predicting home price increases of 3% to 9% in 2013. Across the board, demand for housing is on the rise, and consistent growth is expected for the forseeable future.  Low mortgage rates are helping fuel this growth, along with pent-up demand in the market place.  If you are considering building or remodeling your Cape Cod Home, now is a great time to take advantage of an exceptional investment opportunity. Considering demand is on the rise, expect construction costs to rise as well, as labor and materials will increase in concert with the demand curve. Botton line: this is a great time to build and make an investment with solid returns.

Click below to download our Construction Cost Guide:

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Cape Cod Home

Tags: Construction Costs, Real Estate Investment, Real estate

Merry Christmas from REEF Cape Cod's Home Builder

Posted by Matthew Teague on Fri, Dec 21, 2012

   We here at REEF would like to thank all of our customers, contractors, and employees for a great 2012, and wish all of you a Merry Christmas and a Happy New Year for 2013.  We have great expectations for the coming year, and look forward to working on some exciting projects.

Cape Cod Christmas resized 600

Tags: Christmas 2012

Eastham Year End Real Estate Update and 2013 Outlook

Posted by Matthew Teague on Thu, Dec 20, 2012

Here is another update on Eastham and Outer Cape Real Estate from our friend Bob Sheldon in Eastham. Looks like 2012 was a very strong growth year for Cape Cod Real Estate and 2013 just might be even better! If you are thinking of, Buying Land on Cape Cod,  Building a New Home, or Remodeling or Renovating your Existing Cape Cod Home, CONTACT US today!

 

  

Dec12HeadBob's Eastham Newsletter
Bob Sheldon, REALTOR®, 508-237-9545
January  2013  -  Special Edition
 

BobSheldon@remax.net 
www.RobertSheldon.com
Blog: http://BobsEastham.blogspot.com

RE/MAX Classic - Eastham 

 Eastham 2012 Year-End Preview

   

This Newsletter - Nine Years (& Counting)!
I have been doing this newsletter for over 9 years.  I publish an expanded version of this newsletter monthly, roughly mid-month, primarily as an E-Mail newsletter. Don't miss the monthly Eastham real estate highlights, and lots of other Eastham news and "fun stuff". You can subscribe, without any obligation, on my website, www.RobertSheldon.com or by calling me at 508-237-9545
.


Eastham Highlights:
  • November had 12 closings of single family homes, with an average sale price of $411.958 (and a median of $390,000).
  • There are a total of 104 single family homes for sale in Eastham, with an average list price of $625K and a median price of $447K. There are 22 homes currently under agreement. The 104 number is  15.4% lower than a year ago.
  • At the end of November, the YTD average sale price of a single family home was $443,122 down 4.2% from the full year 2011. The median sale price was $409K, up 0.8% from 2011.
  • There were 122 homes sold through 11/30/12, up 32.6% from the same period in 2011, with an average sale price of $443K and a median sale price of $409K.
  • There are 26 parcels of residential land on the market, ranging from $125K to $899K (this parcel, on Rt 6 has commercial possibilities). There were two sales of residential land in November, at $170K and $295K.  
  • There are currently 10 condos for sale in Eastham, ranging from $139K to $419K. There were two condo sales in November, at $217K and $379K.

AveSalesThruNov2012

 

ActiveDec2012

Commentary:
Sales this year have been significantly ahead of 2011's 'under'-performance. The average sales prices have, however, lagged behind 2011 by about 4.2% while the median (a better measure) sales prices are essentially flat (plus 0.8%).  I expect December sales to be about the same as November's, which will not change the year very much.
Inventory levels are seasonally down (see chart above), with mid-December at the same level as mid-November and at 2012's lowest levels. We continue to be in a Buyer's market. 

 


Looking Forward - 2012 Year-End Preview

I expect that the full year will close out 30-35% ahead of 2011's levels in terms of sales volume. Average and median prices will (I predict) show 2012 levels to be flat, compared to 2011.  As for 2013, I am personally bullish on both sales and prices. With the interest rates continuing in the 3%-4% levels, the economy continuing to recover (let's hope!), and with some pent-up demand from recent years, the marketplace might just return to pre-2005 levels. We made great progress in 2012, but the onset of new taxes (a sure thing - ugh!) may dampen demand, hopefully to be overpowered by economic optimism. Here's hoping!

 


November's Eastham Sales Details

 

 

 

 

 

 

The following table provides the details for the homes sold in Eastham in November, 2012. The "Original Price" is the beginning list price for the listed home. The "Listing Price" was the list price at the time of the accepted offer and reflects any price reductions the home may have taken. The "% List" is the Selling Price divided by the Listing Price (x100).

 

Street Address

Original Price

Listing Price

Selling Price

%List

Listing Date

Selling Date

695 Nauset Rd

$359,000

$359,000

$345,000

96.1%

08/27/2012

11/02/2012

6 Brenda Ln

$450,000

$435,000

$405,000

93.1%

04/09/2012

11/06/2012

30 Bradford Ln

$529,000

$519,000

$510,000

98.3%

06/26/2012

11/07/2012

95 Queen Ann Dr

$499,900

$365,000

$350,000

95.9%

08/16/2010

11/09/2012

20 Beverly Rd

$383,500

$383,500

$370,000

96.5%

04/23/2012

11/15/2012

15 Cedar Ln

$495,000

$439,000

$439,000

100.0%

10/07/2009

11/15/2012

40 Billingsgate Ave

$675,000

$625,000

$540,000

86.4%

02/10/2012

11/16/2012

30 Split Rail Rd

$399,000

$399,000

$375,000

94.0%

04/29/2012

11/27/2012

575 Great Pond Rd

$349,000

$325,000

$325,000

100.0%

02/15/2012

11/28/2012

260 Summit Ave

$489,500

$489,500

$479,500

98.0%

09/07/2012

11/28/2012

2 Kingfisher Rd

$420,000

$399,500

$365,000

91.4%

06/18/2012

11/29/2012

125 N. Sunken Meadow

$479,000

$449,900

$440,000

97.8%

06/17/2012

11/30/2012

 

 

Buying ? / Selling ?

Will 2013 be your year to buy or sell Eastham property? Allow me to step through your options as your real estate agent. Call me at 508-237-9545 or send me an E-mail at BobSheldon@remax.net.
Would you like to know what your Eastham home is worth in today's marketplace? Call me for a no-obligation market analysis review of your property.

REMAX-Footer


Please disregard the promotional content of this newsletter if your property is currently listed with another agent.

This email was sent to: mteague@capecodbuilder.com

This email was sent by: Bob Sheldon at REMAX Classic
3 Main St, Unit 6 Eastham, MA, 02642

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Tags: Cape Cod Real Estate, Eastham

Buying Land on Cape Cod

Posted by Matthew Teague on Wed, Dec 19, 2012

  

There are still great deals on lots and land on Cape Cod! Many of these listings have great potential for your New Cape Cod Home.  However, there are some things you should know before you buy your lot. 

  • Never Purchase a Lot without a Building Permit
    • Make your offer contingent on issuance of a full building permit for the size and type of home that you want to build. Without a permit, there is no guarantee you will be able to build your dream home, or any home at all for that matter
  • Site Engineering
    • Have the site engineered with a site plan, septic design and percolation tests. You want to make sure that you have good soil conditions, and there won’t be additional expenses for fill on the site.  You also want to know where the water table is on the site.
  • House Design
    • Depending on the location of the lot, the project may be subject to review by a historic commission, which may preclude some styling and design ideas.
  • General Site Conditions
    • Having the site engineered and applying for a permit will also identify potential issues such as, zoning, wetlands, or endangered species issues that can cost time and money to address.

The building permit process is clearly the best way to guarantee your investment in land will meet your expectations.  We have worked with customers in the past who have purchased land without permits, and have been disappointed in the final results.

If you are considering a land purchase on Cape Cod, CONTACT US, for a free site visit and initial consultation on your lot.  We are highly experienced in both simple and complex permitting for projects and can manage your engineering, design, permitting and construction processes in a predictable and timely manner. 

 

Buy Land Cape Cod

Tags: permitting, buying land, land, Lots

Top 10 Remodeling Trends for 2013

Posted by Matthew Teague on Tue, Dec 18, 2012

    All of the trade organizations and magazines are beginning to publish their outlooks for 2013.  In the Remodeling and Renovation realm, there are definitely some changes on the way.  Housingzone.com recently published their Top 10 Remodeling Trends for 2013. It looks like the trends are all focused on Kitchens, Baths, Interior Finishes, and a Healthy Indoor Environment. 

Here are their top 10:

  1. Healthy Homes
  2. Aging in Place- Multi-generational living
  3. Texture and Sparkle
  4. Bathroom Stone
  5. Color Palette
  6. Sylishly Simple Sinks
  7. Glass Backsplashes
  8. Hardwood Floors
  9. Countertops
  10. Kitchen Cabinets

Click here to see the whole article: Top 10 Remodeling Trends for 2013

If you are considering Remodeling, Renovating, or Building a New Cape Cod Home, keep these ideas in mind, and feel free to CONTACT US to see how we can work some of these trends into your next project!

Cape Cod Home

Tags: Top 10 Remodeling Trends 2013

How Much House can I Afford to Build? Cape Cod Builder

Posted by Matthew Teague on Mon, Dec 17, 2012

   Everyone would love a new home, but the challenge of finding land, designing, building, and budgeting for a new home can be a daunting process.  We here at Capecodbuilder.com  always suggest starting with the most important factor, the budget.  With a realistic budget in mind, it is possible to craft a design that will still meet an owner's expectations, given the known financial constraints.  We will often suggest a meeting with a lender, very early on in the process, to ensure an owner can have access to the funds necessary to build their home. If you are in the early stages of your Cape Cod Home project, and are thinking about Building a New home, here is a calculator from the National Association of Home Builders that allows a homeowner to determine how much mortgage they can afford and help them establish a budget.  Here is the spreadsheet: How Much House can I Afford?

You can also use the information provided in our Construction Cost Guide to help establish your budget, Click Below to download:

Click me

 

Cape Cod New Home

Tags: Construction Costs, Mortgages, How Much House can I Afford

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