In such a competitive market, many are wondering, what can $300,000 get you in the Northern area of VT? When it comes to Vermont real estate, I wanted to help shine some light on that in an area not only do I service, but my family is from, Franklin county VT.
Types of Homes Available
When searching single family real estate in Vermont, prospective homebuyers will find that single family homes are further and far between in the competitive price range of $300,000 and under. That being said, in Franklin county VT YTD there were 69 single family homes listed between 200-300k and only 22 condos.
Single-Family Homes
What makes single family homes so ideal? Owning your own home is part of the American dream. Having your own space gives you the privacy and freedoms you can’t experience in an apartment. Freedoms include: being able to fence your yard, additions including a master suite above a garage, and paint your home any color you like. I have a client who painted their house rainbow colors!
What to expect from this market
Of the 69 homes listed that have gone pending or closed 29 of them were under contract w/in 7 days or less
Of the 36 closed listings, homes are closing an average of 1.8% above asking price
The homes were manufactured homes, older farmhouses, ranches, capes and colonials with years built ranging from 1830 to 2022
So, now what!?
Now that you are aware of what is available in your price range, the next step is to prepare yourself! This involves several steps including:
getting preapproved!
discussing with your agents your goals, needs, budget and preferences
Preparing a strategy to align with your goals
Consults can be done online or in person in Williston! Let’s connect!
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