Archives for May 2012

Just Reduced – Norwalk condo for sale!

16 Donna Drive # 17 - Norwalk condo for sale - Todd Turcotte

16 Donna Dr. # 17, a condo for sale in Norwalk, CT, was just reduced to $254,900!

This condo is conveniently located towards West Norwalk and is in a quiet, low-traffic community.  Here are the remarks from the listing:

IMPECCABLY MAINTAINED 2 BR, 1.5 BATH END UNIT! – NEWER KITCHEN CABINETS & APPLIANCES – LARGE MBR & FAMILY ROOM IN FINISHED BSMT. – STORAGE ROOM AND W/D IN BSMT – PATIO SPACE OFF OF DINING ROOM – POOL IN COMPLEX! – PLAYGROUND AND GREEN SPACE! – QUIET YET CONVENIENT LOCATION – PLENTY OF OFF/ST PARKING!

For more information about 16 Donna Dr. # 17, CLICK HERE.

 

Contact Todd for more information about Norwalk, CT real estate!

New Listing – Norwalk condo for rent

22 Ferris # 4 - Norwalk apartment for rent - Todd Turcotte

22 Ferris # 4, a 2 BR condo for rent in Norwalk, was just listed for $1,550 per month!

This 2 BR has brand new carpet and was just completely painted.  It has a newer kitchen and a private porch!  Off/street parking is easy to find at 22 Ferris and there is also an additional outdoor space to set up a grill.  The apartment features washer / dryer in the unit!

For more information about 22 Ferris # 4, CLICK HERE.

 

Email Todd if you have any questions about this property or any questions about Norwalk, CT real estate!

Norwalk shadow inventory still potentially years away from clearing

If you have been keeping an eye on the Norwalk, CT / Fairfield County real estate maket in the past few years you have likely learned a lot of new real estate terms.  Consider this education necessary to buy and sell properties for the next 5-10 years.

Some of these terms were hardly used before 2005, terms like: shadow inventory, short sale, cash for keys, judicial foreclosure, etc.  Now they are commonplace.  Whether you are a buyer or a seller, being familiar with the changes happening in todays market and the terms used to describe a property is important.

A recent article from DSnews.com reports that it will take 46 months to clear the nations shadow inventory (supply of distressed homes).  The New York City Metro Area (which Norwalk is a part of) has the highest number of months to clear the shadow inventory at 202.  Let’s do some simple math, 202 / 12 months per year = 16.83 years.  This means that at our current rate, it will take nearly 17 years to go through the shadow inventory in our part of the country.  There are multiple factors that determine price and overall market health (interest rates, tax incentives, etc) but the shadow inventory will play a large part in determining price.

If you are a seller, you might think that it will help if you wait for the foreclosure down the street to sell your property.  That property might sell in 1-6 months or so and you will feel better about listing your home for sale.  This isn’t a completely irrational strategy.  Now imagine that you get a report that says that your neighborhood can expect foreclosures for the next 17 years!  While not all of these properties will be on your street, some of them will likely be within a mile radius of your home and will impact your value.

To read the entire article from DSnews.com, CLICK HERE.

Feel free to visit www.ToddTurcotte.com or contact Todd with questions about Norwalk, CT / Fairfield County real estate.

Just Reduced – Norwalk house for sale

6 McAllister - Norwalk house for sale - Todd Turcotte

6 McAllister, a house for sale in Norwalk, was just reduced to $299,000!

This 3 BR, 2 bath ranch has loads of potential.  The property features a 1 car garage and large back deck.  The basement is finished and offers a great family room or playroom space.

This property is a short-sale and is subject to bank approval.

Click here for more information about this Norwalk house for sale.

Feel free to email Todd with ANY questions about ANY property in Norwalk!

New Listing – Norwalk condo for rent!

349 Main Ave - Norwalk condo for rent - Todd Turcotte

349 Main Ave # 6, a condo for rent in Norwalk, was just listed for $1,950 per month!

This 2 BR, 2 bath condo is nearly new and is in mint condition!  It features a granite kitchen with stainless steel appliances, hardwood floors throughout, a master suite with full bath and walk in closet, porch off of living room, open and social layout with breakfast bar, and 2 car covered parking!

Click here for more information about this Norwalk condo for rent.

If this property isn’t a good fit for you, search every Norwalk rental on the market!

New Listing – Norwalk house for rent!

26 Soundview - Norwalk house for rent - Todd Turcotte

26 Soundview Ave, a single family house for rent in Norwalk, was just listed for $2,400 per month!

This 3 BR, 2 Bath house feels very spacious with a large eat-in-kitchen, living room, sun room, and separate dining room!  It features a large front porch with bench swing and a private back yard perfect for weekend BBQ’s.

The 3 bedrooms all offer good closet space.  Great hardwood floors throughout!

Click here for more information about this Norwalk house for rent.

Feel free to contact Todd about Norwalk real estate.

New Listing – Norwalk condo for rent!

2 Hadik Pky - Norwalk condo for rent - Todd Turcotte

2 Hadik Parkway # 1C, a condo for rent in Norwalk, was just listed for $2,000 per month!

This 2 BR, 1.5 bath condo is huge at over 1,800 square feet!  It features 2 large bedrooms and a huge finished basement.  The kitchen is completely updated with granite counters and stainless steel appliances!  The sliders off of the dining area lead to an over-sized private deck and small yard space!

Click here for more information about this Norwalk condo for rent.

Email Todd for more information about this Norwalk rental and feel free to ask any questions about any properties!

Just Reduced – Norwalk house for sale!

1 Thames - Norwalk house for sale - Todd Turcotte

1 Thames St., a single family house for sale in Norwalk, was just reduced to $209,000!

This 3 BR, 1 Bath house has loads of potential.  This house already has some update in the kitchen, and a new deck.  It offers a small yard, detached garage, sun room / 3 season porch, hardwood floors and a full basement!

To read more about this Norwalk house for sale or any other properties for sale, you can search listings on ToddTurcotte.com.

Or see more information on this particular house for sale in Norwalk.

Always feel free to email Todd with any questions about Norwalk real estate or properties for sale in lower Fairfield County!

New Listing – Norwalk condo for rent!

21 Seir Hill - Norwalk luxury condo for rent - Todd Turcotte

21 Seir Hill # 8, an upscale condo for rent in Norwalk, CT was just listed for $2,250 per month!

This condo is in a high-end building located just south of the Wilton town line, and is conveniently located near Route 7 and the Route 7 Connector.  The building itself was built in 2005 and is in immaculate condition.  There is an elevator in the building, and each unit has access to reserved off-street parking.  Garage spaces are available as well.

The condo available is nearly new!  It features a granite and stainless steel kitchen, hardwood floors,  Two bedrooms and 2 full bathroom.  The master suite also offers a walk in closet.  The living room features a gas fireplace and a balcony.

Click here for more info about this specific Norwalk condo rental.

Email Todd for more information on every apartment rental in Norwalk!

 

New Listing – Norwalk apartment for rent!

10 Wall St - Norwalk apartment for rent - Todd Turcotte

10 Wall St # 308, a studio apartment in Norwalk, CT was just listed for $1,150 per month!

This apartment is far from ordinary…  It features exposed brick and wood beams in the apartment.  It also offers a HUGE walk in closet (that even has exposed brick).  This apartment building offers pey-pad entry and has a 5 star restaurant in the same building!  Just imagine dropping off your stuff after a day at work, and stopping by the restaurant for a quick appetizer or drink, and never leave your building!

Click here for more information about this specific Norwalk apartment rental.

Email Todd for more information on every apartment rental in Norwalk!