East Bay Homes - February 2020

Page 1

n A strong start to 2020. . . . . . . . . . . . . 5 n The getting-ready-to-list checklist. . . 6 n The highest sales of 2019. . . . . . 12-21 n Renovations that add value. . . . . . . . 22

A supplement to East Bay Newspapers • February 12-13, 2020


Each Office Independently Owned and Operated.

Page 2 East Bay Homes February 12-13, 2020

PORTSMOUTH: Custom-built on over 11 acres in Farmlands gated community offering water views. Property includes 4-bedroom residence, 2-bedroom guest house, barn with stables, and outbuildings. $2,475,000

PORTSMOUTH: Shingle-style 5 bedroom historic carriage house on private lane. Exquisite renovation with spacious rooms. Landscaped 1.3+ acres with soaring specimen trees for complete privacy. $1,995,000

PORTSMOUTH: Custom 3,200 sf waterfront to be built on 1.8 acres. First-floor master, Great Room with fireplace, and walkout lower. Mahogany front porch and expansive deck with covered sitting area. $1,399,000

PENDING

Time Ten er n Win

401.816.4060 Covering All of Rhode Island www.GustaveWhite.com

TIVERTON: Fabulous open plan at The Villages with first floor master suite. Covered porch with incredible bay and bridge views. Still time to customize! $875,000

Jose Aguon Ginny Baldwin Whitney Bauer Susan Andrade Bistline Jessica Chase Ann Conner Don Desrosiers Michelle Drum Gloria Dunn Kim Fleming Heather Galvin

TIVERTON: Secluded 5+ acre setting with lush landscaping and koi pond. Each room plus an enclosed porch offers Nonquit Pond views. Pine floors, exposed beams, and easy flowing rooms. $1,290,000

TIVERTON: South facing 2,900+ sf end-unit at The Villages on Mt. Hope Bay. Custom built with unobstructed bay views, upgraded kitchen, and two master suites. $1,095,000

PORTSMOUTH: Overlooking Mt. Hope Bay, custom 4 bedroom offers spectacular views. Open plan including 1st floor guest suite and mahogany porch/deck. Luxurious master with balcony. $999,000

PORTSMOUTH: West-facing waterfront townhouse at the Aquidneck Club clubhouse. Fully appointed three-bedroom with private deck. Enjoy tennis, golf, and much more. $750,000

TIVERTON: Bright end-unit at The Villages with stunning sunset water views. Open plan, hardwoods, 2 car garage, and first floor master on water side. $695,000

TIVERTON: Stunning renovated waterfront 3-bedroom with water views and access to the Sakonnet. Updated kitchen boasts stainless appliances and butcher block counters. $660,000

848-6723 848-6711 935-4946 935-1778 864-3596 848-6709 848-6713 848-6720 848-6719 848-6726 207-6121

Kate Kirby Greenman David Huberman Dina Karousos Rebecca King Michelle Kirby Joel Langlois Liam Leys Paul Leys Tom Little Nicki Lucenti Chan Lyell

Tiverton | Newport | South County

848-6727 848-6729 451-6461 808-9334 848-6714 741-7397 862-2507 848-6706 245-3600 439-9581 935-6184

Bertie MacGowan Grace Cimo McCluskey Kara Malkovich Kiki Mitchell Kate Rooney Michael Sweeney Bridget Torrey Catherine Watne Chris West LeAnne West Elena Wilcox

848-6745 222-9651 848-6728 848-6721 636-7894 862-0164 575-6522 862-2282 848-6716 787-7604 662-0604

www.GustaveWhite.com


East Bay Homes February 12-13, 2020 Page 3

R E S I D E N T I A L P R O P E R T I E S LT D THANK YOU TO ALL OF OUR LOYAL EAST BAY CLIENTS FOR HELPING TO MAKE 2019 SUCH A SUCCESS.

198

31%

LISTINGS SOLD IN THE EAST BAY #1 IN 2019

MARKET SHARE IN THE EAST BAY #1 IN 2019

$204,767,708 GROSS SALES VOLUME IN THE EAST BAY #1 IN 2019

171 BUYERS REPRESENTED IN THE EAST BAY #1 IN 2019 401.245.9600

|

259 County Road

|

Barrington, RI

Note: Numbers based in whole or in part on data supplied by the State-Wide Multiple Listing Service. The MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by the MLS may not reflect all real estate activity in the market. Based on information from Statewide Multiple Listing Service, Inc. for 2019 from January 1 - December 31 as of January 2020.


Page 4 East Bay Homes February 12-13, 2020

How agents and sellers can work together Selling a home can be stressful. Despite this, more than 13,000 single-family homes and condos were sold in Rhode Island in 2019, according to data from the Rhode Island Association of Realtors®. In many cases, homeowners choose to work with real estate agents to facilitate the process of listing, showing and selling their homes. Real estate agents are valuable assets. Agents have neighborhood knowledge, are educated in pricing trends, can filter phone calls or emails from buyers who aren’t serious, and can organize all of the people necessary for a closing. Real estate agents provide many services that the average person may not have the time nor the experience to handle. When selecting an agent to sell a home, homeowners may not understand that the terms real estate agent and Realtor® are not interchangeable. Although both must be licensed to sell real estate, the main difference between a real estate agent and a Real-

tor® is the latter is a member of the National Association of Realtors®. NAR ensures that members subscribe to a certain code of ethics. There are many qualified agents, but an agent cannot do his or her job well without some help on the part of the homeowner. These tips can make the process of selling a home go smoothly.

one’s best interest. Sellers should be ready and willing to open their homes, which is the best way to make a sale. An agent may suggest a lock box so the home can be shown when homeowners are not on the property.

Make suggested renovations Agents know which features can make or break a sale. Homeowners should be amenable to certain suggestions, such as neutral paint colors, removing personal effects and clearing clutter.

Price the home correctly Homeowners should trust the agent’s ability to price a home for the market. Everyone wants to get the most money possible, but listing the home for more than it’s worth may cause it to sit unnecessarily for several weeks or months, which could raise red flags among potential buyers.

Market the home A real estate agent will list the home via a multiple listing service (MLS) on a private website, in newspapers, and wherever else he or she feels is pertinent. Homeowners can share the listing via social media and word of mouth

Celebrating Our Top Bristol Office Agents for 2019

Give recommendations Homeowners should trust their agent when it comes to setting the list price for their home. to help increase the chances of selling the home.

Be available Limiting the time an agent can show the house to potential buyers is in no

Real estate is a commission-based industry. Agents often tirelessly put in hours and only reap rewards if the house is sold. A homeowner who was satisfied with an agent can then recommend that person to friends or family. By working with real estate professionals, homeowners can sell their homes quickly.

#1 in Bristol Homes Sold in 2019

Topsail Realty BRISTOL | NEWPORT | TIVERTON

729 Hope St, Bristol, RI • (401) 254-1900 • www.c21topsail.com RYAN FONSECA

Market Share Based on MLS Stats January 1 – December 31, 2019

JULIE VARGAS

TRANSACTIONS

80

60

40

20

29%

25%

17%

14%

9%

6%

0

ROSEANN DUGAN

Century 21 Topsail Realty

Residential Properties LTD

ReMax Rivers Edge

Harborside Realty

Coldwell Banker

Keller Williams


East Bay Homes February 12-13, 2020 Page 5

Strength in fourth-quarter sales indicates a good start for 2020 Rhode Island median sale prices have increased 43% in the past decade The Rhode Island Association of Realtors recently released 2019 home sales data which showed year-overyear increases in median price for all residential property types. Multifamily homes reaped the largest gain, with an 11.1 percent increase compared to 2018. The 2019 median sales price of multifamily properties was $270,000. At $285,000, the median sales price of single-family homes represented a 5.6 percent increase from the prior year and highest on record to date. It also represented a 43 percent increase from a decade earlier. The $234,900 median of 2019 condominium sales reflected an 8.8 percent

Shannon Buss, 2020 president for the R.I. Assoc. of Realtors annual increase. “Yes, prices are rising, but when tak-

RHODE ISLAND HOUSING STATISTICS

SINGLE-FAMILY HOMES

CONDOMINIUMS

MEDIAN SALES PRICE

$270,000

71 River St Bristol • SOLD April 9, 2019

$285,000

11.1%

5.6%

$234,900 8.7%

2.4%

11,013

3.1%

Listed: Lori Gardiner Re/Max River’s Edge, Sold: Cathy Wicks Hogan Associates

From For Sale to SOLD “To be successful in Real Estate, you must always and consistently put your clients best interest first.” Anthony Hitt

NUMBER OF SALES

2021

consistent year to year, rising .3 percent, while multifamily home sales decreased 2.4 percent. “We can thank a good economy and continued low interest rates for the momentum in the housing market. Overall, 2020 looks bright. Our biggest concern in the year ahead is lack of inventory. Rhode Island has a shortage of starter homes because they’re just too expensive to build here. We need to grow our supply of workforce housing at the entry level if we’re to keep momentum in the market overall,” said Buss. Both median price and sales activity statistics showed higher rates of gain in the fourth quarter compared to yearend, showing little sign of weakness in Rhode Island’s housing market leading into 2020.

Every sector of the market reflects the strong sale prices — and shortage of inventory — in 2019.

2019 Year-End

MULTIFAMILY PROPERTIES

ing the pulse of the housing market, it’s important to remember that prices had fallen drastically following the boom of the earlier part of this century, and it’s taken us some time to fully catch up,” said Shannon Buss, president of the Rhode Island Association of Realtors. “In fact, 2019 was just the second consecutive year following the housing boom and subsequent downturn, in which a median-priced, single-family home sold for more than it had 10 years earlier. We’re back to where we should be, seeing good, but not exaggerated gains in equity.” With the exception of the multifamily home market, increasing prices didn’t quell home sales. After falling nearly 6 percent from 2017 to 2018, single-family home transactions increased 3.1 percent from 2018 to 2019. Sales of condominiums remained

2,305

28 years combined, 483 Sales, $ 121,676,139.00 Total Sales Volume

Put us to work for you

0.3%

NUMBER OF DISTRESSED SALES

84

39.1%

412

21.2%

34

Cathy Wicks/Broker Associate 401.225.8555 • cathywicks2002@gmail.com

41.4%

Percent change re ects a year-over-year comparison between 2018 and 2019. Information is provided by State-Wide MLS, Inc., a subsidiary of the Rhode Island Association of REALTORS®.

hoganassociatesre.com/about-cathy-wicks.php

CATHY WICKS

Emily Chappell/Realtor Associate 401.862.3803 • emily@hoganri.com hoganassociatesre.com/about-emily-chappell.php

EMILY CHAPPELL


Page 6 East Bay Homes February 12-13, 2020

Good prep can help your home sell Furnishings

BY CHERRY ARNOLD Your home is an oasis, a place that perfectly suits your personal tastes. Which is exactly as it should be — until it becomes time to list your home for sale. Buyers aren’t looking for a home that appears too lived-in. They’re looking for a space they can customize to their own styles and preferences. Selling your home is about showing its potential without too much distracting the eye. When you’re thinking of listing your home, it’s important have your Realtor provide you with guidance on the things you can do to make the biggest impact. You want to focus on the important rooms first — the kitchen, living room, and master bedroom are what sell your home. Here are some key details to keep in mind.

The furniture you display should be strategically selected to enhance the design of each space in your home. A professional stager can make all the difference in a home by removing furnishings that can crowd the room, and if needed, bring in furnishings for a better presentation. If you’re working with the furniture you already have, then editing and arrangement is key.

De-Cluttering The listing process is the first step in the moving process, so it’s time to start purging all those things you’re not going to take with you anyway. Too much BEFORE: CHERRY ARNOLD, AFTER: MOTT & CHACE SOTHEBY’S clutter draws the eye away from what you want buyers to focus on: the size of Changes to the chairs, table, artwork, rug and lighting turned this dining area the room, the beautiful hardwood from old and familiar (this page) to vibrant and inviting (facing page). floors, the handsome moldings, the expansive feel. The wrong color can recessed lighting, the gorgeous views, Paint Color make a room feel kirkschryver@residentialproperties.com dated or imbued and so on. Adding a fresh coat of paint to key with too much character. One often Depersonalize — you’d be surprised Kirk-SchryverTeam.com rooms and choosing colors with wide overlooked area for paint is your stair how often buyers spend time looking at appeal — preferably something light- risers — freshly painted risers make a er— can give your spaces a more big difference. See FACING PAGE

KIRK | SCHRYVER TEAM

BARRINGTON’S TOP TWO AGENTS UNITE! *

BETTER TOGETHER! When the top two agents in Barrington come together to form a team of dynamic real estate professionals, you know they will be going BETTER TOGETHER! above and beyond for top every When the twoclient. agents in Barrington come together to form dynamic real estate professionals, you know Together wea team offer ofthe highest standard of service and they deliver will be going above and beyond for every client. unparalleled Together results. Our strong work ethic, attention to every detail, we offer the highest standard of service and deliver enthusiasm, and devotion to our clients enables us to make this often unparalleled results. Our strong work ethic, attention to every emotional process of buying or selling a home -- alluswhile detail, enthusiasm, and devotion to our seamless clients enables to often emotional process of buying or selling a home delivering themake bestthis outcomes possible. seamless -- all while delivering the best outcomes possible.

ABOVE AND BEYOND!

ABOVE AND BEYOND!

In addition toInbeing theto #1being and #2 for agents Barrington sales in 2019, addition theagents #1 and #2 for Barrington sales together they produce unparalleled results with over $39 in 2019, together they produce unparalleled results withmillion over combined in$39overall sales. When choosing to choosing work with the million combined in overall sales. When to work with the Kirkyou | Schryver teamall youthe willknowledge, have all the knowledge, Kirk | Schryver team will have skills and skillsteam and expertise of the team above consistently going above and expertise of the consistently going and beyond for you. beyond for you.

Elizabeth Kirk

Lisa Schryver

401-225-0371

401-529-5724

TEAM MEMBERS Lindsay Mitchell & Elizabeth Cooper

*Ranking based in whole or in part on data supplied by State-Wide Multiple Listing Service. The MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by the MLS may not reflect all real estate activity in the market. Based on information from Statewide MLS for 2018-2019 as of January 2020.

Introducing the

KIRK | SCHRYVER TEAM

Follow us @kirkschryverteam Kirk-SchryverTeam.com


From FACING PAGE your photos instead of looking at your house. The idea is for the buyer to picture him/herself in the space, not to get to know your family.

Natural light and lighting A light-filled home is high on most buyers’ wish lists, so you want to do what you can to fill your home with light to boost appeal. Pull back curtains, raise shades and open blinds to allow natural light into the space. One of the biggest giveaways of a home’s age is outdated lighting fixtures. Swapping out old fixtures for ones that are more modern, as well as adding a good balance of floor and table lamps to brighten up the room, makes a major difference. Meeting with your Realtor well in advance of listing will help you make the right decisions, bring in staging help if needed, and work with you to help make your home show-ready and appealing to buyers. LEFT

TYPOLD EXTENDED MEDIUM

ALIGNMENT

TYPOGRAPHY

Cherry Arnold is a Realtor with Mott & Chace Sotheby’s International Realty.

WORDMARK + DBA

LEFT

TYPOLD EXTENDED MEDIUM

D R AW I N G

ALIGNMENT

TYPOGRAPHY

Topsail Realty Company Name

New Year, New Home? Call The Plant Team for a Confidential Consultation if you’re considering Buying or Selling! 20

C H A R AC T E R L I M I T

4.3.18 35

CENTURY 21 ® Global Rebrand

15 YEARS LOCAL EXPERTISE • LICENSED RI & MA

© 2018 Century 21 Real Estate LLC. All rights reserved. CENTURY 21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. It is your responsibility to ensure that the marketing materials you choose or create are compliant with real estate and other local laws in your area.

Rebrand

Paint, furniture, clutter and lighting can make all the difference

© 2018 Century 21 Real Estate LLC. All rights reserved. CENTURY 21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. It is your responsibility to ensure that the marketing materials you choose or create are compliant with real estate and other local laws in your area.

BA

East Bay Homes February 12-13, 2020 Page 7

Topsail Realty Company Name

From Shore to Shore and Everywhere in Between Julie Vargas

20 C H A R AC T E R L I M I T

4.3.18 35

Passionately Serving You

REALTOR ®

Representing Buyers & Sellers of Fine Properties for 25 Years Deb Plant 401-451-8293

Samantha Plant 401-743-7172

729 Hope St, Bristol, RI • 401-345-1823 JVargas@C21Bristol.com • www.JulieVargasBristol.com


Page 8 East Bay Homes February 12-13, 2020

Significant Sales HIGHEST 2019 SALE

HIGHEST 2019 SALE

2ND HIGHEST 2019 SALE

BARRINGTON

BARRINGTON

LITTLE COMPTON

35-36 Beach Drive

Listed at $5,075,000

324 Rumstick Road

Listed at $2,987,000

305 Rumstick Road

Listed at $3,275,000

Current Listings

Bristol 341 Thames Street, Unit 303S Morgan Hollenbeck

Barrington $4,300,000 401.212.6313

206 Rumstick Road Beth Davis

Little Compton $2,099,000 401.282.8876

67-76 Quoquonset Lane Cherry Arnold

$1,800,000 401.864.5401

For those on a journey, there is only Mott & Chace Sotheby’s International Realty. Let us take you to that next level. Beth Anderson Cheryl Andreozzi Liz Andrews Cherry Arnold Midge Berkery Jennifer Boland Sandy Broome Gerry Carrick Sara Catanzaro Carolyn Coleman

David Coleman Megan Coleman Beth Davis Allison Dessel Lynn Doyle Lindsey Duckworth Kristel Dunphy Janet Emond MaryBeth Frye Ann Glosson

Kim Holland Morgan Hollenbeck Sarah Huard Phyllis Ibbotson Kim Ide Liz Kinnane Laura Kinsella Helen Macdonald Kimberly Marion Ted Marvell

Kylie McCollough Carolyn Nolan Karen Rossi David Stewart Lynda Terhune Monica VanDeventer Erik Warner Jonathan Weinstein Ellie Wickes Nina Wilcox

Expect Better. mottandchace.com

This information is based in whole or in part on data supplied by the State-Wide Multiple Listing Service.The MLS does not guarantee and is not in any way responsible for its accuracy. These properties may have been sold by other real estate companies. Data maintained by the MLS may not reflect all real estate activity in the market. Data is based on information from non-MLS sales, StateWide Multiple Listing Service, Inc., MLSPIN, and SmartMLS for RI, MA, and CT for SFM, MFM, CND, CMM and VLD listings for the period of 1/1/2019 through 12/31/2019.


East Bay Homes February 12-13, 2020 Page 9

LIVE FARM COAST Local Knowledge, Global Reach

TIVERTON

Mott & Chace Sotheby’s International Realty’s 5 experienced local agents are your Farm Coast Real Estate experts.

$107,196,204 Total Sales Volume

25%

WESTPORT

168

Single Family Homes Sold

18% LITTLE COMPTON

95

Average Days on Market

17%

Cherry Arnold

Phyllis Ibbotson

Lindsey Duckworth

Liz Kinnane

2019 was a record year in RI Real Estate and 2020 shows no signs of slowing down.

Ellie Wickes

C: 401.864.5401 C: 508.493.4545 C: 401.297.8450 C: 401.835.1030 C: 508.284.0158 cherry.arnold@ phyllis.ibbotson@ lindsey.duckworth@ liz.kinnane@ ellie.wickes@ mottandchace.com mottandchace.com mottandchace.com mottandchace.com mottandchace.com

Little Compton 45 Side Road Cherry Arnold

$1,325,000 401.864.5401

Tiverton 69 Nanaquaket Road $1,399,000 Phyllis Ibbotson 508.492.4545

Thinking about a move? Visit mottandchace.com/farmcoast to get up to 3 instant valuations of your home.

Little Compton

Tiverton

55 East Main Road $595,000 67 Riverscape Lane $749,000 Lindsey Duckworth 401.297.8450 Ellie Wickes 508.284.0158

Each office independently owned and operated. Sales information based on data supplied by State-Wide Multiple Listing Service for RI & MA for the period of 1/1/2019 through 12/31/2019.


Page 10 East Bay Homes February 12-13, 2020

Median sale prices on the rise throughout the East Bay Single-Family Home Sales – 2019 vs. 2018

Sales 2019 Sales 2018

% Change

Median price ’19

Median price ’18

% Change

Avg. DOM ’19

Avg. DOM ’18 % Change

East Providence

474

525

-9.7%

$245,000

$232,000

5.6%

48

47

2.1%

Barrington

333

291

14.4%

$460,000

$475,000

-3%

76

63

21%

Warren

89

104

-14%

$301,000

$300,000

.33%

59

51

16%

Bristol

169

172

-2%

$335,000

$322,500

4%

57

58

-2%

Portsmouth

249

228

9%

$406,000

$377,000

8%

97

98

-1%

Tiverton

229

189

22%

$312,500

$282,500

11%

103

87

18%

Little Compton

45

47

-4%

$530,000

$520,000

2%

95

115

-17%

Bristol County

Newport County

Median prices rose in nearly all the East Bay towns, but the total number of sales rose in some communities (Barrington, Portsmouth and Tiverton) and fell in others (East Providence and Warren).

TRACEY A. MULVEY RE/MAX Platinum Club REALTOR® ABR & PSA 401-835-8502 traceymulveysells@gmail.com

Nicki Ann Tyska

I AM HAPPY TO HELP YOU! As a lifelong resident of Bristol, I love what the East Bay has to offer! I am passionate about my work and offer expert advice on the local real estate market to both buyers and sellers. I am committed to excellence and run my business with honesty and integrity.

NickiTyska@gmail.com 401.297.5174

Committed, Knowledgeable & Trusted

Please see my 5-star client reviews on Zillow.com

Check out Open Houses at eastbayri.com


East Bay Homes February 12-13, 2020 Page 11

Condo prices and sales vary by community Condominium Sales – 2019 vs. 2018

Sales 2019 Sales 2018

% Change

Median price ’19

Median price ’18

% Change

Avg. DOM ’19

Avg. DOM ’18 % Change

East Providence

47

45

4%

$258,900

$185,000

40%

100

29

245%

Warren

19

28

-32%

$401,000

$180,250

122%

51

54

-6%

Bristol

61

62

-2%

$270,000

$308,000

-12%

76

68

12%

Portsmouth

34

46

-26%

$351,000

$489,450

-28%

110

94

17%

Tiverton

39

30

30%

$495,000

$507,500

-2%

115

94

22%

Newport

126

116

9%

$349,500

$317,500

10%

121

91

33%

Bristol County

Newport County

Condominium prices rose significantly in East Providence (Kettle Point), Warren and Newport, but fell in Portsmouth and Bristol in 2019.

The personal touch is one of the most important factors needed when buying or selling a home.

TOM WEGNER Sales Associate

Multi-Million Dollar Producer

401.383.0999 Tom.Wegner@LilaDelman.com

TOM WEGNER

Call me and I will share my experience and expertise.

YOUR BARRINGTON Sales Associate & EAST BAY

Multi-Million Dollar Producer RESOURCE 401.383.0999 Tom.Wegner@LilaDelman.com

Kathy Hall

PROVIDENCE

YOUR BARRINGTON NEWPORT

Broker

& EAST BAY RESOURCE NARRAGANSETT

JAMESTOWN PROVIDENCE • NEWPORT WATCH HILL NARRAGANSETT • JAMESTOWN BLOCK WATCH HILL • ISLAND BLOCK ISLAND

401.635.1601

PO Box 147 Little Compton, RI kathleenghall@gmail.com

TOM WEGNER

Find out what houses are selling for! Search every property sale eastbayri.com/real-estate

Sales Associate

Real Estate Resources...

Multi-Million Dollar Producer

401.383.0999

Tom.Wegner@LilaDelman.com

YOUR BARRINGTON & EAST BAY

Call today for more information 401-253-6000


Page 12 East Bay Homes February 12-13, 2020

— Barrington – 2019 High and Median — Sale price: $2,800,000

Sale price: $460,000

This 8,000-square-foot waterfront home, sitting on three acres on Rumstick Point, set the high mark for single-family home sales in Barrington in 2019.

This three-bedroom Colonial on Lafayette Road in the Hampden Meadows neighborhood sold at exactly the median sale price for Barrington in 2019 — $460,000.

Seller’s agent: Midge Berkery, Mott & Chace Sotheby’s Buyer’s agent: Morgan Hollenbeck, Mott & Chace Sotheby’s

Seller’s agent: Jan Malcolm, Residential Properties Buyer’s agent: Janet Maloy, Residential Properties

L NEW

G

ISTIN

G SO

IN COM

Townhouse-style condo in Summerfield Condominiums. 2 bed, 1.5 bath, garage, central air.

ON

Westside stunner in Bristol. Complete renovation, 3 beds, large lot, walk to water.

WILLIAM RAVEIS REAL ESTATE

Sarah Principe, GRI,SRS

401-374-7064 • sarahprincipe.raveis.com Multi-Million Dollar Producer 2019 Chairman’s Club 2019 MLS Top Agent/Transactions in Bristol


East Bay Homes February 12-13, 2020 Page 13

Little Compton, RI $5,075,000

Little Compton, RI $1,225,000

Portsmouth, RI $1,100,000

Wareham, MA $1,050,000

S. Dartmouth, MA $860,000

Mattapoisett, MA $865,000

Little Compton, RI $800,000

Tiverton, RI $735,000

We want to Thank all of our Clients, Vendors and Referring Partners, who helped make 2019 a HUGE success! With over $36 million in sales, ranging from $100,000 to $5 million, from Land, Investment, Estates, New Construction, Relocation, Vacation Homes to First Time Home Buyers, we helped over 57 families accomplish their goals, from Cape Cod to South County.

If you are thinking about Buying, Selling, or just need advice, call us today! #RealPeople #RealKnowledge #RealValue #Sold

WelchmanRealEstate.com 401.635.0252 Renee Welchman

Travis Auty

Pamela Coward

401.649.1915

401.603.6379

401.855.4188

Owner, Associate Broker, Listing and Buying Specialist

Buyers Specialist

Buyers Specialist

47 Valley Road Middletown 18 Commons Little Compton Each office is Independently owned and operated


Page 14 East Bay Homes February 12-13, 2020

— Bristol — 2019 High and Median — Sale price: $3,170,000

This magnificent estate across from Roger Williams University faces south toward the full expanse of Narragansett Bay. The 6,300-square-foot house sits on nearly six acres and includes a dock. It set the high mark for Bristol sales in 2019. Seller’s agent: Kris Chwalk, Residential Properties Buyer’s agent: Caroline Richard, Hogan Assoc.

Sale price: $335,000

This renovated cottage on Coggeshall Avenue is not far from the water, off Narrows Road in Bristol. It sold for exactly the median price in Bristol in 2019. Seller’s agent: Lisa Schryver, Residential Properties Buyer’s agent: Jo-Ann Silva, Century 21 Topsail

OPEN SUNDAY NOON TO 2PM

Work and live in the same property! Commercial main floor, 3000 s/ft sunlit OPEN space. Handicapped Acc. and loading dock. High Traffic/Exposure and Visibility. Residential 2000 s/ft Upper w/2-3 beds, 2 Baths, Hdwds, Granite Kitchen w/ Island! Most everything NEW since 2016-2017!!!! $539,900

CAROL BRANNAKA REALTORS® 916 COUNTY ST., SOMERSET, MA

508-679-6888

www.carolbrannakarealtors.net

3 bedroom Cape with fireplace on treed lot huge garage with room for 4 cars, panoramic view from rear deck. A must see! $300s - open to offers.

April Daquay GRI, CBR, SRES

508-496-3587 Call or Text adaquay@gmail.com


East Bay Homes February 12-13, 2020 Page 15

Equal Housing Lender | Member FDIC


Page 16 East Bay Homes February 12-13, 2020

— East Providence — 2019 High and Median — Sale price: $660,000

This four-bedroom waterfront Colonial in the popular Terrace neighborhood of Riverside set the high mark for single-family homes in East Providence in 2019. Seller’s agent: Diana Kryston, Century 21 Butterman & Kryston Buyer’s agent: Matthew Tresca, RE/MAX 1st Choice

Sale price: $249,000

This two-bed, one-bath bungalow in Riverside sold for very close to the median sale price ($245,000) for East Providence in 2019. Seller’s agent: Joyce Hughes, Residential Properties Buyer’s agent: Michaela Massey, RE/MAX River’s Edge

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East Bay Homes February 12-13, 2020 Page 17

— Warren — 2019 High and Median — Sale price: $734,900

Sale price: $300,000

This historic home (c. 1789) set the high mark for single-family home sales in Warren in 2019.

This three-bedroom Cape sold very close to the median sale price for Warren in 2019 — $301,000.

Seller’s agent: Sarah Principe, William Raveis Buyer’s agent: Sarah Principe, William Raveis

Seller’s agent: Kate Berard, The Mello Group Buyer’s agent: Julie Vargas, Century 21 Topsail


Page 18 East Bay Homes February 12-13, 2020

— Portsmouth – 2019 High and Median — Sale price: $2,500,000

Sale price: $395,000

This enormous house feels like a luxurious vacation home, located on private Eastover Road, with elegant features, smart technology and a sprawling lawn overlooking the Sakonnet River. It set the high mark for Portsmouth sales in 2019.

This raised ranch in the Common Fence Point area has an updated kitchen, central air conditioning and updates throughout. It sold for very close to the median sale price in Portsmouth in 2019 — $406,000.

Seller’s agent: Martha Easley, Benchmark Assoc. Buyer’s agent: Heather Galvin, Gustave White Sotheby’s

Seller’s agent: Shelly Andrade, Century 21 Topsail Buyer’s agent: Stephen Lake, Lila Delman

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East Bay Homes February 12-13, 2020 Page 19

— Little Compton – 2019 High and Median — Sale price: $5,075,000

This stunning luxury estate faces south on the Atlantic Ocean. The sale in May of 2019 included a separate one-acre lot, also with ocean views. It set the high mark for Little Compton sales in 2019. Seller’s agent: Cherry Arnold, Mott & Chace Sotheby’s Buyers’ agent: Reneé Welchman, Welchman Real Estate Group

Sale price: $530,000

Sitting on 1.5 serene acres and bordering two working farms, this home has the quintessential vibe for Little Compton. It sold at exactly the median price in Little Compton in 2019 — $530,000. Seller’s agent: Cherry Arnold, Mott & Chace Sotheby’s Buyer’s agent: Lindsey Duckworth, Mott & Chace Sotheby’s

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East Bay Homes February 12-13, 2020 Page 21

— Tiverton – 2019 High and Median — Sale price: $1,415,700

This five-bedroom home in the Seapowet area of Tiverton sits on four acres along the Sakonnet River, with its own 400-foot-long jetty creating a protected area for swimming, fishing and boating. It set the high mark for Tiverton sales in 2019. Seller’s agent: Jose Aguon, Gustave White Sotheby’s Buyer’s agent: Jessica Chase, Gustave White Sotheby’s

Sale price: $320,000

This home in the Stonebridge area of Tiverton has three bedrooms, views of the Sakonnet River and 1,600 square feet. It sold for very close to the median price in Tiverton in 2019 — $312,500. Seller’s agent: Jennifer Hilton, Keller Williams Newport Buyer’s agent: Missie Rose, RE/MAX River’s Edge

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Page 22 East Bay Homes February 12-13, 2020

These exterior renovations can improve home value Renovating a home to improve its value can be a smart investment. Interior improvements, such as updating kitchens and baths, offer good return on investment, but there are plenty of exterior renovations that can add value to a home and give it that coveted “wow” factor.

Landscapes, entryways and fresh exteriors can all boost a home’s value.

Landscaping Abundant and well-planned landscaping can instantly boost curb appeal. According to the landscaping company Lawn Starter, 71 percent of prospective home buyers say a home’s curb appeal is an important factor in their buying decisions. As buyers use the internet to look for their dream homes, there’s no denying a beautifully landscaped, nicely photographed property can entice buyers to click and read more about a house.

Address insects and minor repairs Improving home value may come down to fixing areas of the home that can negatively affect its appeal to buy-

ers. Hire an inspector to look at key components of the house and recommend what needs to be fixed. This way it is discovered before home buyers come in and do their own inspections. Termite infestations, deteriorating roofs and hidden water leaks are some things that might need fixing.

Improve the entryway The front door is the focal point of a home’s exterior. Invest in a new door or paint it a striking color to add appeal. Remodeling magazine’s “Cost vs. Value

Report 2019” indicates changing an entry door to a steel replacement can offer 74.9 percent ROI. Such a door provides visual appeal and added security — things buyers look for. In addition to the front door, make sure that the entryway has a level walkway, steps that are in good repair, accents that are free from rust or tarnish, and decorative plants.

Outdoor lighting Outdoor lighting can add to the ambiance of a property and serve as a

security feature. Utilize different lights, such as a bright light by the entry, uplighting in trees and shrubs for drama, a light-lined path to the door to improve visibility, and motion-detection lights to improve the security of the property.

Repaint (or reside) the exterior A fresh coat of paint or new (or cleaned) siding can instantly give homes a facelift. Neutral, warm and inviting colors tend to have the widest appeal. Adding manufactured stone veneer to the home can offer a 94.9 percent ROI, says Remodeling. And after doing the front door and siding, investing in a garage door replacement offers the highest ROI of all exterior projects listed on the “Cost vs. Value Report 2019.” This improvement returns 97.5 percent when selling. Knowing which improvements add value to a home can help homeowners tailor their efforts to those that are most financially beneficial.

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East Bay Homes February 12-13, 2020 Page 23

Affordable features to consider when revamping your kitchen Kitchens are popular gathering spots in many homes. That popularity is reflected in various ways, including how many homeowners choose to remodel their kitchens. A 2019 report from the home renovation and design resource Houzz found that kitchens were the most popular room to renovate in 2018. Homeowners considering kitchen remodels should know that the Houzz report also indicated that spending on kitchen remodels increased by 27 percent in 2018. Homeowners concerned by the cost of remodeling a kitchen should know that there are ways to give kitchens a whole new feel without breaking the bank.

Appliances Consumer Reports notes that luxury home buyers expect high-end features, including professional ranges and built-in refrigerators that match the surrounding cabinetry. However, many

mainstream brands offer “faux pro” features that can equal more expensive alternatives. Consumer Reports even notes that many budget-friendly faux pro appliances outperformed their high-end counterparts in terms of reliability.

Countertops Countertops tend to capture the eye’s attention when walking into a kitchen. Outdated and/or damaged countertops grab that attention for all the wrong reasons, while updated countertops made from today’s most popular materials provide that wow factor homeowners seek. If granite is a must-have, Consumer Reports notes that homeowners can save substantial amounts of money by choosing granite from remnants at the stone yard. If marble is your ideal countertop, save money by choosing a domestic product as opposed to one imported from overseas.

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