Bob Sheldon is a local Realtor who does a great job of analyzing the market in Eastham. The consensus is that markets are improving, and Bob’s quantitative work reflects that too. Numbers don’t lie: the Real Estate market is rebounding. If you’ve been sitting on the sidelines, wondering about buying, selling, or building, prices and values are on the climb again.

Eastham 2012 Year-End Real Estate Report

   REEF began another project today, tearing down a house on Bass River.  After a lengthy cost analysis, permitting, and design process, it was determined that tearing down the old house and re-building was a more cost effective way for the homeowner to acheive their goals.  When considering remodeling or building new, one must take all of the new building code requirements into account.  In this case, it made sense to build a new home!

If you are considering Building or Remodeling on Cape Cod, contact us by clicking below and see how we can help!

    We came across this article by the New York times that provides an in-depth review of the current state of the real estate market on Cape Cod.  Cape Cod builders are always looking for signs of the health of this market, as it is a strong indicator of demand for new costruction, remodeling and renovation services. Custom home and custom renovation requests are on the rise, and we have noticed strong demand in the last two quarters.  With all of these indicators, now might just be the time to make an investment in your Cape Cod home while prices and interest rates are still at historic lows!

Click here to read the full article from the New York Times: http://www.nytimes.com/ref/realestate/greathomes/GH-capecod.html

   People always want to know  "How Much Will This Cost?" so they can make important finacial decisions early in the process.  In an effort to assist in this process at an early stage, REEF has published a 2012 Guide to Current Construction Costs on Cape Cod.  This article provides unit costs per square foot for several different types of projects ranging from cottages, to custom homes and renovations. Click below to recieve your free copy!

Finishing your Cape Cod basement is one of those easy to justify home decisions that will offer years of use and enjoyment.  Here are our top eight reasons for opting to finish your basement.

8. COMFORT - A well insulated basement is usually the coolest place in your home during the summer months and the warmest in the winter months and can help reduce heating and cooling costs throughout the rest of the house.

7. ENTERTAINMENT - From simple TV rooms to more luxurious rooms, a finished basement is a place where many people will congregrate.  Pool tables, game rooms and lots of space help make a finished basement perfect for entertaining.

6 .INCOME - Finished basement space may be able to be used to produce rental income thereby helping to offset the the cost associated with construction

5.FAMILY - Whether accomodating them for a meal or a month, many people need more space to house extended family.  They can also make great playrooms for the kids and grandkids.

4.SPACE - Large, spacious rooms and ample lighting can make basements very beautiful and inviting.

3. RETURN ON YOUR INVESTMENT: According to Remodeling Magazine’s annual Cost vs Value Report, your basement project typically returns about 70 percent of the original cost. In terms of space and quality of living, you also get a huge return on your investment: If you own a 2000 square foot home and finish your basement, you may get 1000 square feet of extra space. That’s a 50 percent increase in space.  As a result, that extra space increases the market value of your home substantially and makes your home more attractive to potential buyers. A finished basement can improve the marketability of your home.

2.FLEXIBILITY - Unlike your main level, where often you only have a limited floor plan to choose from, the design of your basement allows a greater degree of design autonomy

1. VALUE - A finished basement offers the best value, per square foot of any other remodeling project

adapted from an article by http://www.upscaledownstairs.com

adapted from an article by http://www.integrityhomecontractors.com

If you are interested in finishing your basement, please contact our small project division by clicking below!

   2011 was an interesting year in real estate on Cape Cod. Properties in good locations retained much of their value, while many people looking for raw land to build a new home felt that prices were too high. At REEF we regularly monitor lot sales, and have noticed some interesting trends.  First, many of the lots that were on the market for the last several years have come off the market, probably waiting to be re-listed in the spring to take advantage of the larger pool of buyers. More importantly, we have seen many lot prices drop over the last year or so, as sellers are more motivated to move their inventory. 

  If you are thinking of building on Cape Cod, now is a great time to take a hard look at what is available for land.  It is imporant to work with a competent real estate agent, and get a company like REEF involved early in the process.  Custom building on raw land can be a complicated process for a buyer, especially with all of the factors involved.  It is critical to have a team that is familiar with all of the zoning, septic, permitting and legal hurdles so the process can be smooth and predictable.  Contact us today if you are thinking of purchasing a lot... you would be surprised how easy the process can be with REEF on your side. CONTACT US

If you would like to search the Cape and Islands MLS for land click here:-MLS Property Search

REEF also has lots listed for sale in Dennis, MA click here: FOR SALE