Archive for Brunswick Maine Real Estate

Home For Sale – 251 Woodside Road, Brunswick, Maine 04011

About 251 Woodside Road, Brunswick, Maine 04011

Acres of manicured fields, pond and landscaping surround this well kept, architect designed home and barn close to downtown & Freeport. 4 bedrooms, 2.5 baths w/well designed spaces and sunlit kitchen with long views over the fields and gardens. The open architecture barn was built with locally cut and milled wood and is unique. A rare find in a fast growing, energetic town and located 5 minutes from all its amenities yet sited in a country setting suitable for animals, including horses. Can subdivide the lot.

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Home For Sale – 72 Federal Street, Brunswick, Maine 04011

About 72 Federal Street, Brunswick, Maine 04011

Walk to Bowdoin College and Maine St. This stately Federal-era home combines gracious rooms for entertaining and spacious rooms for family living. 2 parlors and a formal dining room with 2 butler’s pantries connect to a gourmet kitchen perfect for the cook or caterer. 4 fireplaces, 4 bedrooms plus a master suite with sauna, renovated bathrooms, finished attic, 2-car garage, 2 laundries, and a generous in-town lot complete this elegant and comfortable home in the heart of Brunswick.

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Home For Sale – 50-64 Buttermilk Cove Road, Brunswick, Maine 04011

About 50-64 Buttermilk Cove Road, Brunswick, Maine 04011

Seven seasonal cottages are sited on the shorefront of Buttermilk Cove with 785′ +/- of frontage including deep water dock, boathouse and 24 acres of back acreage all within minutes of downtown Brunswick. The main cottage is 2,200 sf; six other cottages are between 500 and 1,000 sf, five are in need of major renovation or replacement. The property offers a sound investment and development opportunity for potential waterfront neighborhood for sale or rental income or use as personal waterfront retreat.

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Home For Sale – 21 Tamarack Drive, Brunswick, Maine 04011

About 21 Tamarack Drive, Brunswick, Maine 04011

Modern, open concept residence offering single floor living and low-maintenance living and located only minutes from downtown Brunswick. This builder’s residence is located across from conservation area and hiking trails. Inside, many special features include chef’s kitchen, gas & wood-burning fireplaces, hardwoods throughout, spacious master suite and cedar vaulted ceiling. A lovely backyard patio and garden area complete this special residence.

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Home For Sale – 3 Cranberry Drive, Brunswick, Maine 04011

About 3 Cranberry Drive, Brunswick, Maine 04011

This stunning home radiates modern elegance. Updated to an exceptionally high standard. Crown moldings, recessed LED lighting, custom blinds/shutters and countless other interior and exterior improvements. The generous living space and stylish finishes are a perfect setting for relaxing and entertaining. 5 six over nine windows flood the kitchen with light. Peaceful and private setting is the best of both worlds – country living, so accessible to downtown and walking distance to Thomas Point Beach!

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Home Prices Up Across the Country

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Keeping Current Matters

New Listing – 292 Hillside Road, Brunswick, Maine 04011 – Maine Real Estate

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About 292 Hillside Road

Stunning 1800’s farmhouse situated on over two beautifully landscaped acres complete w/ separate in­law suite (potential for income producing apartment). Main house has four bedrooms including master suite. Inlaw has one bedroom & spacious family room above. Numerous updates including new kitchen w/ soapstone countertop, new bathrooms and fenced in back­ yard to name a few.

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Lack of Homes for Sale Slowing Down the Housing Market

Lack of Homes for Sale Slowing Down the Housing Market | Keeping Current Matters

The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It seems that 2017 will be the year that the housing market races forward again.

However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory. While buyer demand looks like it will remain strong throughout the winter, supply is not keeping up.

Here are the thoughts of a few industry experts on the subject:

National Association of Realtors

“Total housing inventory at the end of December dropped 10.8%…which is the lowest level since NAR began tracking the supply of all housing types in 1999. Inventory has fallen year-over-year for 19 straight months and is at a 3.6-month supply at the current sales pace.”

Jonathan Smoke, Chief Economist for Realtor.com

“More than two-thirds of the markets are seeing less inventory now compared to a year ago.”

Lawrence Yun, Chief Economist at NAR:

“The dismal number of listings in the affordable price range is squeezing prospective first-time buyers the most. As a result, young households are missing out on the wealth gains most homeowners have accrued from the 41% cumulative rise in existing home prices since 2011.”

Sam Khater, Deputy Chief Economist at CoreLogic

“The lack of affordable supply is really driving up home prices.”

Peter Muoio, Chief Economist at Auction.com

“Tight housing inventory remains a constraining factor limiting stronger sales growth…

We expect further price growth to entice more homeowners to list their homes, particularly as existing homeowners have greater equity.”

Bottom Line 

If you are thinking of selling, now may be the time. Demand for your house will be strong at a time when there is very little competition. That could lead to a quick sale for a really good price.

 

Keeping Current Matters

#1 in Maine For Waterfront Property Sales in 2016

Maine Real Estate (January 25, 2017) – Legacy Properties Sotheby’s International Realty, with offices in Portland, Kennebunk, Brunswick, Damariscotta, and Camden, announced today that it again retained the #1 Ranking for 2016 Waterfront  Property sales in Maine. The company reported it was successful in closing more Maine Waterfront Properties than any other real estate company in the State. Legacy Properties Sotheby’s International Realty closed 258 transaction sides totaling $198.3 million in total property value. According to Maine Listings, the statistics also show that the company held a very substantial lead over the #2 participant by more than 35% in terms of dollar volume sold.

“Maine Waterfront Property has always been an important area of focus for our company” said Chris Lynch, President. “We approach real estate with a Maine lifestyle angle that helps the rest of the world appreciate what a beautiful place Maine is to live, work, recreate, and enjoy. Our lake front and ocean front homes, with our beautiful proprietary professional photography, 3D virtual tours, aerial videography, and overall property presentation have had a tremendous impact on our success!”

Legacy Properties Sotheby’s International Realty also reports that it is looking to expand its reach into Maine’s Lake Region area.  With more than 6,000 lakes and ponds in Maine, the company sees growth opportunities for sellers looking to get more regional, national, and international exposure when selling their homes.  “The Lakes Region is a great fit for our business” adds Lynch. “But it does not stop there, we see several Maine lakes, such as Sebago Lake, the Belgrade Lakes, the Rangeley Lakes, Long Lake, Thompson Lake, Damariscotta Lake, and Megunticook Lake, as just a few of the many Maine lakes that fit our branding and marketing very well.”

Legacy Properties Sotheby’s International Realty attributes its success to offering its clients a very strong package of marketing services including critical professional photography, 3D Virtual Tours, glossy print advertising, global property distribution through its exclusive network of agents, and luxury branding through its affiliation with Sotheby’s International Realty.  It also brings a very experienced and professional broker base of high service, high touch and personalized attention to its clients. “It is very rare that one finds a lock box at one of our listings. Our agents want to be at the showings so they can sell the house and its unique features and lifestyle attributes” says Lynch.

“It is important to note that we are a Maine real estate company first and foremost” Lynch concludes. “We are engaged in many aspects of the market and not exclusively oceanfront or lakefront properties. Our focus is to offer distinctive properties at all prices and to present them in a way that a buyer, regardless of where they begin their search, can find our listings and gather enough relevant information to make a big decision as to whether to proceed with a showing and ultimately an offer to purchase the property. Our intent is to make the process very buyer friendly.”

Legacy Properties Sotheby’s International Realty can be reached at 207-780-8900 and by email at info@legacysir.comLegacy Properties Sotheby’s International Realty, with offices in Kennebunk, Portland, Brunswick, Damariscotta, and Camden, is Maine’s leading luxury and lifestyle real estate company with more than 70 agents and 5 offices serving Maine coastal communities from York County to Hancock County as well as the New Hampshire Seacoast.

Offices Located at:

2 City Center, Portland, ME 04101 – 207-780-8900 (Greater Portland Real Estate)

141 Maine Street, Brunswick, ME 04011 – 207-729-2820 (Mid-Coast Maine Real Estate)

150 Port Road, Lower Village, Kennebunk, ME 04043 – 207-967-0934 (York, Ogunquit, Kittery, the Kennebunks, Biddeford and Seacoast New Hampshire)

170 Main Street, Damariscotta, ME 04543 – 207-563-2775 (Bristol, Christmas Cove, Boothbay Harbor)

46 Bay View Street, Camden, ME 04843 – 207-230-1003 (Camden, Rockport, Mount Desert, Mid-Coast)

Legacy Properties Sotheby’s International Realty Ranks #1 in Maine For Home Sales Over $400,000

Maine Real Estate (January 24, 2017) – Legacy Properties Sotheby’s International Realty, with offices in Portland, Kennebunk, Brunswick, Damariscotta, and Camden, announced today that it continues to hold the #1 Ranking for 2016 for all sales in Maine greater than $400,000.  The company reported today that it closed 380 transaction sides totaling $315.7 million for properties priced over $400,000 last year. Although there were more than a dozen cities and towns that were exceptionally strong, the record results are a compilation of sales in more than 60 cities and towns across 12 Maine Counties. Sales in this very competitive market accounted for more than 75% of the total sales for Legacy Properties Sotheby’s International Realty in 2016.

“We are very pleased by this strong market position” said Chris Lynch, President. “Our market share has been improving for many years in the mid-range price points with both buyers and sellers.  Our focus on providing the same high level of agent onsite service, beautiful photography, and super high end marketing for all of our listings has been well received.  Our selling clients have been very pleased and impressed with the quality of our property presentation and the fact that we go the extra mile for them.”

Legacy Properties Sotheby’s International Realty also reported that it was able to convert 52 of its own proprietary listings to match it with its exclusive buyers for this broad based market segment.  “The fact that we often have many of the best listings in a particular town helps us find the best buyers for our listings as well as similarly priced properties in the area” adds Lynch. “We have an incredible portfolio of listings with nearly 1 in every 10 homes over $500,000 listed with us at any given time. It also gives our agents unique market insights on the depth of any locations, price points and home styles which is critical in pricing new listings and advising our buyers on their purchases.”

Legacy Properties Sotheby’s International Realty currently has listed nearly one of every 15 homes over $400,000 and one in every 10 homes $500,000 statewide. “This is a segment of the market that we hope to continue to grow. It is a perfect fit for our approach to marketing homes.  When a prospective client sees or hears what we have done for our current clients and what we can do for them in terms of marketing venues and successful sales, they typically become a new client.”

“There is a myth that we only deal with super high value homes, but that is not the case” Lynch concludes. “We know there are special, distinctive, beautiful properties at all price points in Maine.  We love to get them the exposure that they need to shine against competing properties.”

Legacy Properties Sotheby’s International Realty can be reached at 207-780-8900 and by email at info@legacysir.comLegacy Properties Sotheby’s International Realty, with offices in Kennebunk, Portland, Brunswick, Damariscotta, and Camden, is Maine’s leading luxury and lifestyle property company with more than 70 agents and 5 offices serving Maine coastal communities from York County to Hancock County as well as the New Hampshire Seacoast.

Offices Located at:

2 City Center, Portland, ME 04101 – 207-780-8900 (Greater Portland Real Estate)

141 Maine Street, Brunswick, ME 04011 – 207-729-2820 (Mid-Coast Maine Real Estate)

150 Port Road, Lower Village, Kennebunk, ME 04043 – 207-967-0934 (York, Ogunquit, Kittery, the Kennebunks, Biddeford and Seacoast New Hampshire)

170 Main Street, Damariscotta, ME 04543 – 207-563-2775 (Bristol, Christmas Cove, Boothbay Harbor)

46 Bay View Street, Camden, ME 04843 – 207-230-1003 (Camden, Rockport, Mount Desert, Mid-Coast)