Norwalk condos — Bondi Realty Group

Move in ready Townhouse on Norwalk/Wilton line

67 Fawn Ridge Lane, Norwalk, CT – $359,000

Move in ready- townhouse style condo in convenient location close to shopping and Route 7. Living Room & Dining area feature fireplace and beautiful gleaming hardwood floors which walk out to spacious private deck, great for entertaining or relaxing. Lovely eat in kitchen with stainless appliances and window seat. Spacious Master bedroom with full bath and large closets. Guest bedroom with its own fully remodeled bath. Full unfinished basement can accommodate tons of storage or you can finish it for extra living space. Attached garage and plenty of guest parking. Well maintained complex offers pool, tennis courts and lovely landscaped open space with beautiful plantings.

Recent improvements:

Hybrid Electric Hot Water Heater, Remodeled bathroom in guest/2nd bedroom, Replaced all of the interior doors and updated hardware, Replaced deck slider with energy efficient door, Stainless steel appliances, Added attic insulation and insulated sky light wells, Vents cleaned Sept 2014 & Windows & HVAC system were updated in 2008.

Contact Bondi Realty Group for your private showing today!

Spring Market Preview 2014

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Spring Market Preview 2014

The winter weather has been brutal thisyear in so many ways. It has resulted in a negative effect on the local real estate market. The marketplace was busy into the New Year, but too many snow storms and frigid temperatures have cooled the housing market in our area and all along the northeast. Buyers are waiting for the weather to improve and sellers are holding down the fort hoping the spring market brings forth more activity.

Buyers should use this slow time to get all of their financing in order. I cannot stress enough, how important it is to have this done ahead of time. You may be very disappointed if your homework is not complete. Mortgage brokers have time to work with you right now and can give you a loan approval based on your financial criteria. All lenders are not equal, so shop around to find one that has a good track record with successful closings. It looks as though most of the buyers are searching for that perfecthome online although we have met buyers out there winging it on their own at open houses. This is a good way to start, but talking with a professional experienced Realtor is the way to go. They will educate and inform you when you are ready to purchase a home. You will be more successful working with an agent who understands your target area, wish list and budget.

Sellers are holding on, waiting for the weather to improve. This slowdown has affected housing prices and they are holding steady at this point. I don’tthink there will be much if any increase in property values this year. It is expected that inventory will increase which will result in a having more homes to choose from and increasing competition among listings. Sellers should use this time to paint, de clutter and make improvements and repairs so their home will shine far and above the other listings. Don’t forget to spring clean both inside and outside. This has a huge impact on how your home shows. One of the biggest trends we are seeing right now, is sellers overpricing their home. For example, if the appraised value comes in around $500,000, you shouldn’t mark it up to the point where the end result will be very little to no showing appointments. Buyers will pay market value for your home, but not more than that. There is so much information on the internet these days; they already have a pretty good idea of what your home is worth before they come through the door. Keep in mind the bank will consider recent sales in your neighborhood when completing an appraisal for anyone applying for a mortgage.

We are currently in the first quarter of the year and will have the closing sales numbers at the end of the month. Follow our suggestions and both buyers and sellers will be successful and happy with their housing transaction this spring.

Betty Bondi
Bondi Realty Group LLC
203-899-9990

Looking for a good real estate deal? Condos are the way to go!

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Looking for a good real estate deal? Condos are the way to go!

This is the time to jump into the condo market! Single family homes are rapidly increasing in price and many buyers are frustrated because there is no good inventory for sale. You can get a good deal right now as there are many condos to choose from which are at bottom of the market prices.

Here are a few reasons why you should consider a condo.

Condos are usually much less expensive for similar square footage. The main reason is you will not be buying the land on which the complex sits. Condos are often the ideal choice for first time home buyers, people on a tight budget or looking to downsize.

You have fewer responsibilities when it comes to maintenance and repair. When you live in a condo, your common charges typically cover all the exterior and common area maintenance of your building. You can say good bye to shoveling snow and cutting the lawn!

Condominium complexes usually have several amenities, like a pool, club house, tennis courts and private gyms.

There are many popular complexes in Norwalk, here are three located in different parts of town.

Foxboro – built in 1991 is situated on the Wilton town line with a very convenient location to Route 7, I 95 and the Merritt parkway. There are several different floor plans in the complex. The smallest is a one bedroom with prices starting at 275,000 and the largest is a detached townhome with pricing in the $550,000 and up range.

Ledgebrook condominiums were built in 1972. They are located on Scribner Avenue towards West Norwalk area. It is a large complex with 220 units. The buildings are modern style with beautiful, lush landscaping. With prices starting in the mid $200’s, it’s a great bargain for the area.

Rolling Ridge is located at 50 Aiken Street. This complex was built in 1979 and has 150 units. The floor plans are all ranch style which is one level living. One of the best features is the beautiful stone walls and lovely landscaping plus a huge pool surrounded by lush trees and a pond. Prices here range from a $230 for a one bedroom up to $265,000 for a two bedroom two bath unit.

When you decide to purchase a condominium, make sure the complex is in good condition, check if the complex is planning any major maintenance or improvement projects. Ask if there are any current assessments or any coming up in the future. Some condos which are in need of major work such as painting or a new roof may result in an added cost per month to the common fee. Make sure the associations reserve fund is adequate for the complex, check to see how many of the units are owner occupied. This may affect your ability to get a mortgage. Most important, read thru the Home Owners Associations bylaws for the any rules and regulations placed on the complex.

Betty Bondi
Bondi Realty Group LLC -203-899-9990