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March is here. It doesn't quite feel like spring in temperature or in terms of housing inventory......yet. The good news is I am hearing about a few properties getting ready to hit the Winchester market in early spring. This is exciting and hopeful for buyers looking to find their perfect home. 

 

You'll notice I post # houses on the market. This statistic is different from # houses listed. Houses "on the market" have been there for (minimum) a month. Listed houses can come and go quickly and may not be counted in the monthly "on market" snapshot. Even though Arlington "on market" looks low, it doesn't mean there aren't homes for sale. More likely, what is listed has gone under offer within the month and not still sitting. It's a hot market and properties are priced correctly and going under offer within the month. 

 

If you are thinking of buying or selling we should have a conversation today! Reach out, you'll be glad you did.

 

 

 

What's all the buzz about an Accessory Dwelling Unit (ADU)? 

 

They are becoming more and more in demand according to a recent survey, it shows that 24% of agents say an ADU, such as a mother-in-law house, is one of the most desired features buyers are looking for right now. According to Fannie Mae, and ADU is a self-contained living space located on the same lot as a single-family home. To qualify as an ADU, it must have an independent living, sleeping, cooking, and bathroom facilities separate from the main residence. ADUs can take various forms, including:

 

1) A unit within the primary home, such as a basement apartment

2) An attached structure, like a living space above a garage

3) A completely detached unit, which could even be a manufactured home

 

Source: Keeping Current Matters 2/26 Blog

 

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Julie Gustafson

REALTOR®

Better Homes and Gardens Real Estate - The Shanahan Group

552 Main Street Winchester

Massachusetts 01890

mobile: 781-382-5950 

julie.gustafson@shanahanre.com

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