Vermont Real Estate

By: Tom Beaty

New England is one of the most beautiful places to find forested real estate and many outdoor activities. You will find that Vermont is the second least populated state in the United States. The state does not have any coastline making it a smaller draw for retirees and those seeking some type of water. While they do have the Green Mountains and Lake Champlain Vermont is typically a colder state to live in. It is also extremely popular during the winter season for skiing. You will find that homes around the ski resort are usually condominiums or apartment style places for rent or sale. You may also enter in to a time-share for these condominiums during the seasons. Other things you may find in Vermont include Coyotes and Moose if you decide to take walks or live near national forest land. The wildlife is still quite plentiful adding to the charm of the area.

Currently the real estate market in Vermont is in a holding pattern. Unlike other states in the U.S. Vermont, real estate is not seeing a decrease or increase in sales. They are still holding the pattern on sales of homes making the market look more favorable for those trying to sell their homes. In the last few months, they have seen 138 sales with an average list price of $250,000. Like other states, you have a variety of options to choose from in the real estate market. There are condominiums, homes, and other types of real estate available for your needs.

Condominiums are selling a little high depending on your point of view in the Vermont area. At the moment in Shelburne, there are condominiums for sale at $259,000. These condominiums are fairly large in square footage almost offering you a home rather than a condominium. This makes a great investment for someone interested in a smaller place to live like a single family home, but also to remain a part of the community. You will find in Vermont real estate there are not a lot of retirement communities. The demographics show more individuals in the early twenties to mid forties rather than retirement age.

Most of the Vermont real estate available has been in town. Rather than seeking the country, which can be too far away from the jobs the families need they have been purchasing available properties within the city limits. The density of the populations in the towns is around 1,500 housing units per 36 miles. Most of the families purchasing homes feel the need to be close to the schools, hospitals, and of course as already mentioned their jobs. You will find other homes on the outskirts of the town, which are growing at a steady pace. If you are looking for real estate that is still lacking in neighbors, Vermont can also offer this type of place. Vermont still has a lot of real estate property that has yet to be built on since the draw of new families to the area has not happened yet.

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