Cape Cod

5 Sebastian Way South Yarmouth, Cape Cod MA | $329,000 | 2BR/2BA Saltbox | JUST LISTED

    Don't miss out on this well-kept, immaculately maintained 2+ bedroom saltbox at the end of a dead-end street in super-convenient South Yarmouth.  Fresh kitchen and 2 completely updated full baths.  Flexible floor plan with cathedral living room and en-suite master. Level, low maintenance yard, with deck and outdoor shower.  .4 miles from grocery, pharmacy, post office, restaurants, dry goods, and more. 1.2 miles to beach, convenient to Route 6 - you've got it all.  

See the listing here

Here are a few nice shots to whet your appetite.

 

 

 

 

 

 

 

 

Upcoming Cape Cod open houses

We have some excellent open houses this weekend.  From a just listed charmer in South Yarmouth to a luxury home in East Dennis overlooking beautiful Quivet Neck, we invite any and every buyer to come and take a look.  For a list of all upcoming open houses in the Cape Cod are, please follow this link.

 

9 Osborn Snow Drive, East Dennis | $2,075,000

This is a beautiful example of a luxury home on Cape Cod that fits beautifully with the antique charm of East Dennis.  Incredibly private and featuring low maintenance siding, decking and gutters this house is and will continue to look beautiful for years to come.  Enjoy its many distinctive indoor and outdoor entertaining areas including an expansive deck, fire pit, wood paneled den and more.  This one is not to be missed.

 

 

28 Oconnor Lane, South Dennis | $369,000

**Price Reduced** This 3 bedroom, 2 bath ranch has a large comfortably carpeted 3 season room in the back adding to the ample living space and a partially finished walk out basement with lots of natural light.  With proximity to the Wixon School, Patriot Square and Route 6, this home features both convenience and quiet.

 

 

5 Sebastian Way, South Yarmouth | $329,000

Don't miss out on this well-kept, immaculately maintained 2+ bedroom saltbox at the end of a dead-end street in super-convenient South Yarmouth. Fresh kitchen and 2 updated full baths. Flexible floor plan with loft, cathedral living room, and en-suite master. Level, low maintenance yard, with deck and outdoor shower. .4 miles from grocery, pharmacy, post office, restaurants, dry goods, and more. 1.2 miles to beach. Convenient to Route 6 - you've got it all.

As always, please contact us if we can help you in any way.

Cape Cod Open Houses August 12th and 13th

 

We have three excellent open houses this weekend as well as numerous others throughout the Cape.  We are featuring the wonderful property on 9 Osborn Snow Drive, East Dennis.  From the fruit orchard, to the steam shower, the outdoor pizza oven and the sprawling deck, everything about this home exudes luxury.  Perfect for entertaining family and friends this spacious home will knock your socks off.  $2,075,000.

 

Additionally, at 28 O'Connor Lane, South Dennis, we have a beautiful 3 bedroom 2 bath ranch including a partially finished walk-out basement, 1 car garage, first floor master bedroom with en suite bathroom, bright sun-room and new engineered wood floors.  This is close to the shopping at Patriot Square, route 6, the newly updated Cape Cod Rail Trail and so much more. $369,000

 

 

Finally, at 5 Sebastian Way, South Yarmouth, a beautifully kept 3 bedroom 2 bath saltbox is not to be missed.  This one has a fresh kitchen and two updated full baths, a back deck and an outdoor shower to rinse off after a full day at one of the many beautiful Yarmouth beaches.  $329,000

 

 

For a list of all upcoming open houses in the Cape Cod area, please follow this link.  And, as always, don't hesitate to contact us with any questions

Things to do in the Fall on Cape Cod

Ask Agnes Vol IV: Fall on Cape Cod

Cape Cod Chatelains: "Can you believe, Agnes, that Labor day is almost here and fall is just around the corner?"

Agnes: "Unbelievable.  I love the summer on Cape Cod but fall is fantastic for a lot of different reasons."

CCC: "That certainly makes my next question easy...what do you love about fall Agnes?"

A: "First and foremost I love this time of year; days are warm, nights are cool and the weather is dry.  Outside activities are a treat and I particularly love birding in the fall.  Between South Beach in Chatham and the Wellfleet Bay Wildlife Sanctuary the outer Cape abounds with spectacular fall species.  Many of the marshes in Dennis and Harwich (Like Crowes Pasture and Bell's Neck) are also excellent places to see migrants as they prepare for their journeys.  I also enjoy listening to Mark Faherty's bird report on the local NPR station WCAI."

CCC: "Great thoughts thanks Agnes.  What else do you love about fall?"

A: "Well, I love the hustle and bustle of the summer season but I also love being able to drive around again and take advantage of the summer amenities that are still open, and largely quiet.  This is still a great time of year to enjoy a meal outside at one of the many fine establishments on the Cape...and without having to wait 45 minutes for a table!  The Cape Dining Review has some excellent suggestions that are frequently updated.  The weather is so wonderful that I really enjoy getting a chowder or a sandwich and sitting on an empty beach for lunch (and sometimes going for a quick dip as well since the water is still delightful).  There are so many beautiful beaches and, while a busy summer beach on a hot day is great, I like the cool quiet beaches of the fall too. "

CCC: "Very poetic Agnes, you are a romantic aren't you?"

A: "    "

CCC: "Anything else great about fall?"

End of the seasonA: "Well you can't think about fall on Cape Cod without at least mentioning that we live in New England, which has the market cornered on amazing fall activities.  It is easy to forget how close Cape Cod is to the rest of the world and, as much as we love spending time here, it is great to have a change of scenery every now and again.  Go apple picking, enjoy a hayride, view spectacular foliage, relish a drive off-Cape, see a witch in Salem, really the list is endless.  In fact here are some great ideas for things to do throughout Massachusetts. "

Well thank you again Agnes, we are lucky to have your decades of experiences here on Cape Cod.  As always, please contact us with any questions about your real estate needs, we are happy to help.

 

Market Trends and Analysis - Part 3

    Our goal in this series is it to help you understand how we interpret markets on the Cape and how this informs our recommendations when developing pricing strategies.  In this installment we will be evaluating a specific market - single family homes on the water, Barnstable to Orleans (Homes on Water Bodies & Homes on Beaches). Immediately we notice some relevant trends.

    First the median sales price for these homes is much higher than the Barnstable County median at $1,200,000, yet take far longer to sell with a median days on market of 95 (and an average of 231).  To be fair these are expensive waterfront homes, occupy a smaller market niche, and ultimately take longer to sell.  We also see, based on the bar graph at left, that the group of fastest selling homes (43 days or less) sell for 94% of the asking price - as compared to Brewster in Part 2, those fastest selling homes did so in 25 days or less with 99% of the asking price. 

    Getting back to the waterfront case study, the homes that take longest to sell require price reductions on the order of 12% off the original asking price and only sell for 79% of the original asking price.  What we see here is that people tend to price waterfront homes very aggressively (high) and require significant reductions before they sell.  Furthermore these homes are sold for far less than the original asking price as well as the current asking price - something to think about if you are in the market for a $1,000,000 home on the water.  Consider also that many of these sellers have a price in mind and are willing, can afford, and believe that waiting will get their asking price; however, as is evident in the data, waiting longer does not return a higher sale price.

    We discovered one more interesting thing here.  When analyzing certain markets it is useful to know how square footage affects sale price - and it may not be what you think.  In this market (and this is not always the case) the larger the home the fewer dollars per square foot ($/sqft) it returns.  Using the trend line on the graph we would predict that a 9000sqft home would sell for about $500/sqft whereas a 1000sqft home would sell for closer to $600/sqft.  Mind this is a loose relationship but it is a trend that reappears in many markets.  The takeaway?  Larger waterfront homes are having a harder time selling than smaller ones - price reductions may be warranted earlier in developing a sales strategy.

  Check back next time for our final part in the series: some long term analyses.

Market Trends and Analysis - Part 4

    Our goal in this series is it to help you understand how we interpret markets on the Cape and how this informs our recommendations when developing pricing strategies.  For our final installment we will evaluate the Cape Cod market for the past 3 years (starting in October 2014).  

    First the inventory of single family homes has been dropping over the past few years.  This factor coupled with rising median sales prices and fewer days on market indicate an accelerating market in Barnstable County.  Another interesting factor to note is the significant decrease in homes for sale over the past year and that 2017 did not show as stark a seasonal bump in inventory as is typical.  Additionally the affordability index is trending towards less affordability on Cape Cod.  

    What's our take? If you are thinking of buying, our advice is not to wait.  Interest rates are at historic lows and, if the current market trend continues, homes will continue to become gradually more expensive.  The long-term news isn't all bad, though - there are numerous local, state, and federal initiatives in the works which plan to ease the affordability pinch here on the Cape.  For more information, check out this local housing forum featuring none other than our own Ned Chatelain.  But you don't have to wait for new programs to buy something - give us a call and we can put you in touch with the top-notch mortgage brokers we work with who can walk you through low-downpayment and no-downpayment mortgages, first time home-buyer programs, or local lending incentives that can make the difference between buying this year or buying in three years.

     On the other hand, If you are thinking of selling, this is good news for you.  The Spring is an excellent time to get your house on the market and winter is the best time to get it ready.  Give us a call today if you are interested in a home valuation and comparative market analysis.