Bain Real Estate West Cornwall 2019 May Market Report
It has been a long cold winter and a very wet spring here in West Cornwall. The loss of the restaurant (most recently Perley's) has slowed us down. But with the arrival of May, business is perking up in the form of new listings that we think will appeal to a wide swath of residents and business investors.
In the Good News department, the Bend, has been completed with guidance from Housatonic Valley Association. The paving is just about to start with a ribbon cutting opening now scheduled for Saturday, June 22nd from 2-3PM. The town is paying for the paving which we think will be completed in mid-May prior to the boat races scheduled.
We are able to report two recent sales:
9 Smith Place was a private sale. This 4965 square foot contemporary colonial features 4 bedrooms, 4 bathrooms, a large porch as well as a deck plus a basement garage all sited on 8.73 hillside acres. The town's appraisal is $505,200. And it sold for $500,000.
Down on River Road I represented Kevin Whitney in the sale of 2 adjacent lots totaling 14.87 acres. I also represented the buyer who purchased these wooded lots with 2.5 cleared acres along the road for $78,000.
There are several properties for sale in the village and Bain represents three of them.
417 Sharon Goshen Turnpike is represented by Dave Hurlburt of our Cornwall office. Long called "The Pink House" (even though it has been yellow for several years now). With 10 rooms, 5 are bedrooms and 3 full bathrooms, no appliances in the kitchen it was previously a 2 apartment house. A fire several years ago made one apartment uninhabitable. It is sited on .71 acres with a barn/house with an entrance on Lower River Rd. The property has both a regular septic for the smaller barn/house and a cesspool for the big house. The property is offered for sale as is at $249,900. The potential is WOW!
Just up the street at 407 Sharon Goshen Turnpike, The Farnsworth Book Store is my listing. It is at the edge of Mill Brook on .1 acre offering 3600 square feet on 2 floors. A considerable amount of natural sunlight streams in through the windows. It is priced to sell at $125,000.
Around the corner, on the other side of Mill Brook at 5 Smith Place I have also listed the home formerly occupied the late book store owner. It is a gracious and comfortable 3 bedroom, 2.5-bath home of 2268 square feet with 2 porches, formal dining room, large kitchen and 2 additional first floor living rooms. Oil heat with a newly lined chimney, views looking over gardens down to the brook, a detached 2 car garage all priced at $375,000.
The West Cornwall Sewer Committee we think is coming close to recommendations for installation which will benefit all the properties along Sharon Goshen Turnpike as well as Railroad Square.
We shall keep you posted on the new businesses we anticipate taking over in some of these locations and welcome your visit to West Cornwall. Stop by our office with your questions, comments and share some coffee or hot chocolate with us or visit us on the web at www.bainrealestate.com
And the West Cornwall crew: Dave Hurlburt, Heidi Kearns, Asher Pavel
Please note that not all listings and sales transactions are through David Bain Real Estate