2020 Year End Summary: Stratford, Connecticut Real Estate Market

As 2020 comes to a close, there is no sign of the housing market slowing down in Connecticut. According to Zillow (and from our own observations) Stratford’s 06614 zip code saw housing prices rise by an incredible 12.5% over the past 12 months. The upward trend is expected to continue by another 11.5% next year in 2021. Home prices continue to rise in Stratford as New Yorkers continue to flee high cost housing and high taxes to Fairfield County Connecticut’s relative bargain pricing. It truly is a bargain when compared to New York City and Westchester rates.

Historically, Stratford has been the most affordable town in Fairfield County. It largely still holds this title, though prices are rising to meet the strong demand from homebuyers looking for more space in town. Stratford is a mix of suburban and shoreline neighborhoods that experienced widespread development after World War II in the 1950’s through the 1960’s. For the most part, any land worthy of development has been developed long ago.

With strong prices and demand in 2020 however, new construction has taken off again in 06614. Developers have found the few remaining buildable lots to build on, now that prices support such development. Town officials seem eager to grant any permit that brings new tax base to town.

Lordship, the beautiful shoreline neighborhood has seen both tear-downs with new homes built as well as once vacant lots sold and permitted for new building. We also wrote about this beautiful new home newly constructed on Park Boulevard this year. In the Paradise Green neighborhood in the North-end of town, more new construction was seen at Cutspring road adjacent to the Mill River Country Club golf course. Three new homes all next to each other were built in 2020 with the third home nearing completion as of December 27, 2020.

Another new construction at the North-end located on Wakelee ave recently went under contract at $469,000 within just one week of being listed in the fall of 2020. On the West-end of town near the Bridgeport line, new construction is seen there, too. Perry lane has two new listings which are currently offered for customization (pre-construction) at $495,000 for 3 bedroom, 2.5 bathroom homes with two-car attached garages.

Fairfield County’s best kept secret, I’m afraid to say, is no longer a secret. With new buyers and investment coming in from New York, prices and a competitive market are here to stay for the foreseeable future.

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Information posted is merely the opinion of Time or Space for entertainment purposes only. All information published can be found in Town Records which is made available to the Public.

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New Construction in Stratford’s Paradise Green Just Listed for $469,000

Just a few weeks ago we reported that 224 Wakelee Ave in Stratford’s Paradise Green neighborhood appeared to be nearing completion. On Friday, November 6 the home was finally listed on the market at a whopping $469,000.

This is significantly more expensive than the newly constructed home just down the street at 115 Arcadia Ave that sold in 2017. That home, 115 Arcadia, sold in October 2017 at $405,000. It featured 4 bedrooms, 2.5 bathrooms and 2,284 square feet of space.

Today, 224 Wakelee Ave features 3 bedrooms, 2.5 bathrooms and 1,900 square feet of space. It appears that 115 Arcadia was a good buy back in 2017 after all. To be fair, you can’t really compare the housing market of 2017 to that of 2020 – things have changed so much for Stratford in those three years.

The housing market in Stratford has changed dramatically since 2017, and most of that demand growth came in 2020 with the COVID-19 Pandemic as New Yorkers flee to the suburbs. There is little new construction in Paradise Green today, though there may be one or two homes available nearby on Cutspring Road. However, Wakelee Ave is a much better location, just down the road from Wilcoxson Elementary and walkable to all that Paradise Green has to offer.

A new driveway was just added to this completed construction and the home looks great. We expect that it will sell fast, just like everything else in this neighborhood in the Fall of 2020. Zillow predicts the home price index for 06614 to rise about 9% in 2021; experts say the demand for suburban homes in this area will continue to grow through 2021 with no signs of slowing down any time soon.

New Driveway Completed on Stratford’s Wakelee Avenue

What do you think this one will sell for? We will throw in a prediction of $449,000. Check back in a few months to see what the sale price was!

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Information posted is merely the opinion of Time or Space for entertainment purposes only. All information published can be found in Town Records which is made available to the Public.

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Edit November 9, 2020

As of 11/9/2020 this home is Contingent!

Edward Dillon Flower Shop Building Circa 1910

To follow up with yesterday’s Halloween post, this wonderful building circa 1910 was looking rather macabre this October. The store front’s windows are filled with witches, pumpkins and a haunted New England charm that only a town like Stratford can provide. The town of Stratford was established in 1639, some fifty years before the Salem Witch trials took place.

This building has long been the home of Edward Dillon Flowers since the 1970’s. Long before it was a flower shop, this small building was a grocery store called WM Lawrence Groceries. You could buy roast beef, coffee and penny candy inside. The building is pictured on page 24 of Stratford’s Postcard History Series available here. Today the original awning and front steps into the building are gone. It would be interesting to know if the original store sign is still around in an attic, barn, or collection.

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Information posted is merely the opinion of Time or Space for entertainment purposes only. All information published can be found in Town Records which is made available to the Public.

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Stratford History in Images

1929 Colonial at 104 Newtown Ave in Stratford, Connecticut

This picture-perfect 1929 Colonial is located at 104 Newtown Ave in Stratford, Connecticut. According to public tax records, it appears that until recently, this home had been occupied by the same owner since 1955! Truly amazing. Newtown ave is a quiet, tree lined street in the Paradise Green neighborhood just steps from Motil Pond.

There are several large prewar homes like this one in the area built in the same style with architecturally steep roof arches and a rounded front door. It is wonderful to see the original rounded front doors kept on these homes, a big part of their historic charm. See another similar door in yesterday’s post here.

It appears that this home may have just recently sold for $369,000 on October 6, 2020.

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Information posted is merely the opinion of Time or Space for entertainment purposes only. All information published can be found in Town Records which is made available to the Public.

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English Tudor Cottage Style 1928 Home in Stratford, Connecticut

Stratford, Connecticut has a wonderful variety of home styles, and if you look hard enough, you’ll find some really unique prewar homes around town. Before World War II, during the roaring 1920’s, ornate and complex building styles were embraced as materials, money and labor was abundant. During the war however, everything was scaled back as many resources were dedicated to the war effort. Today, we can appreciate prewar homes for the special time in which they were constructed. They just don’t build them like this anymore.

This English Tudor cottage style home is located at 919 Wilcoxson avenue in Paradise Green. The round arched front door is still original and is set back in 3-4 layers of brick arches. The craftsmanship and detailed masonry work that was done on this home could only be created during prewar times. Priorities forever changed in 1939, and period homebuilding in particular provides this signature in history we can forever look back on.

1928 Prewar Home in Paradise Green

This home was built in 1928, and is located in Stratford’s Paradise Green on Wilcoxson Ave, just a few hundred yards from Donut Crazy on Main Street. The home is featured on page seventy of Stratford Historical Society’s Images of America: Stratford.

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Information posted is merely the opinion of Time or Space for entertainment purposes only. All information published can be found in Town Records which is made available to the Public.

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Stratford History in Images

Muted Purple and Pink Toned 1920 Bungalow in Stratford, Connecticut

One home that has always caught my eye in Stratford’s Paradise Green neighborhood is a 1920 Bungalow at 62 Glenwood Ave. This historic home is now 100 years old and looks as well designed as it ever has. The exterior has a sun-kissed, muted pink and purple tone that looks wonderful as the afternoon sun hits the front door. A red maple tree stands tall out front, a tree which must be at least one-hundred years old, too. Mature neighborhoods just exude a charm that new developments just can’t recreate.

1920 Bungalow in Paradise Green

According to public tax records, it has not been sold since 1991. That’s not surprising; why would one ever leave this special home’s great location? Take a look at the dead-end road it sits upon at the corner of Reed Street. The street is lined with maple trees that tower above the homes bursting with fall color. This street view could be right out of a scene from a 1982 Hollywood movie, like Steven Spielberg’s E.T.

Glenwood Ave in Paradise Green

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Information posted is merely the opinion of Time or Space for entertainment purposes only. All information published can be found in Town Records which is made available to the Public.

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New Construction at 224 Wakelee Ave Stratford, Connecticut

The home at 244 Wakelee Ave in Stratford is a very nice Cape Cod originally built in 1949. It was in a very rundown state as of September 2017, when it was sold to a developer who completely renovated the home. The vacant lot at 224 Wakelee ave (to the left of the home) appears to have also been a part of the sale of number 244. The total deal value was $256,750 for both pieces of property. The renovated home at 244 Wakelee Ave was sold in January 2018 for $344,500 according to public record.

Site of Former Vacant Lot at 224 Wakelee Ave in Stratford, Connecticut

Several years later, it appears that the once vacant and overgrown lot is finally being put to work. To see what the vacant lot originally looked like on Google Street View, click here. A brand new home (pictured above) has been newly constructed on the property at 224 Wakelee Ave and looks to be a real show stopper. The construction team did an incredible job, and we can’t wait to see the finished product soon.

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Information posted is merely the opinion of Time or Space for entertainment purposes only. All information published can be found in Town Records which is made available to the Public.

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Longbrook Park in Stratford, Connecticut

One of the most unique parks in the Fairfield County town of Stratford, Connecticut is Longbrook Park. Yesterday, we posted here about a new home overlooking the park which is going to hit the market soon. This park has new athletic fields where baseball and football games are held, along with a track and children’s playground. One hundred years ago this property was actually a swamp and farm land which was converted to a park in the 1920’s and 1930’s. The land was donated to the town by Elliot Peck.

In August of 1912, the U.S. Army arrived in Stratford to perform military training exercises. This was known as the Camp Lee war maneuvers that took place along the park’s current area and Walter Wilcoxson’s neighboring farm land. Today, the farm land is long gone, developed for suburban homes in Paradise Green. What’s left is the 34 acre park we know today. For amazing original historic photos of the camp in 1912, see this book on Stratford here.

Entrance to Longbrook Park
Longbrook Park Playground

Do you have a favorite park in your town? Does it have a unique history like Stratford? Let us know in the comments below.

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Information posted is merely the opinion of Time or Space for entertainment purposes only. All information published can be found in Town Records which is made available to the Public.

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1939 Colonial at 9 Elk Terrace, Stratford, Connecticut

The 1939 Colonial home at 9 Elk Terrace in Stratford, Connecticut has been under construction and renovation most of 2019 and 2020. It appears the home will be finished soon and will hit the market shortly. This large home has been expanded and completely renovated top to bottom and it looks like a new house. They have done an incredible job at this property.

9 Elk Terrace

The home sits right at the end of Elk Terrace and corner of Glendale road overlooking Brewster’s Pond. From the front of the house, you can see the entrance to Longbrook Park. It is an ideal location for a family with children, just a short walk to athletic fields, the park, Brewster’s Pond or across the pond up to the shops and restaurants on Main Street in Stratford.

The view of 9 Elk Terrace from Longbrook Park

One thing is for sure: when this property finally hits the market there might be a bidding war to win this home. A great comp for this home is 59 Elk Terrace, a few houses down, which just went contingent. That home was listed on the market in October 2020 for $424,900. Number 59 has 3 bedrooms, 2.5 bathrooms and 1,861 square feet. If I were to guess, this house might hit the market in the $450,000 range.

Longbrook Park

Here you can see the park on a Sunday afternoon in Autumn, 2020. A football team practice together in the distance, and the youth playground is pictured in the foreground. From the back of the home, a view of Brewster’s pond is in full view. Imagine all of the mindful moments you could enjoy looking out at the ducks floating across the pond from your living room window.

Brewster’s Pond October 2020

The home sits above large stone retaining walls along the paved path that is popular with walkers, runners and families pushing strollers. This quiet area of Paradise Green was one of Stratford’s best kept secrets. With the influx of New Yorkers snapping up homes in town this year, the secret is out.

View of 9 Elk terrace from below

According to public tax records, it appears this home was kept with one family from 1940 through at least 2006. The home was sold in September 2019 for an incredible low price of $169,100. The property has been under construction since about that time.

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Information posted is merely the opinion of Time or Space for entertainment purposes only. All information published can be found in Town Records which is made available to the Public.

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The Best Real Estate Deal in Stratford’s Paradise Green as of October 22, 2020

If you’re house shopping in the North end neighborhood of Stratford, you might be looking for something – anything- affordable in the Paradise Green area. With multiple offers taking the most attractive homes off the market within days of being listed, it is challenging to find something good in today’s market. After looking around at homes listed in this area as of October 22, 2020 I have found one gem that is still available.

The home at 695 Wilcoxson Ave is a 3 bedroom 1.5 bathroom colonial offering 1,661 square feet of living space on a 4,792 square foot lot. This pre-war home was built in 1918 and offers a ton of charm with stucco siding, large windows, arched interior doorways, hardwood floors and a fireplace. The overbuilt design elements of prewar homes are just charming. After World War II, homes were built cheaper and faster to quench the demand of the booming suburbs. They just don’t build them like they used to.

695 Wilcoxson Ave

This home is listed at $284,900 and has been on the market for over two months. Considering the speed and competition with which surrounding homes are going for, it is surprising that this gem is still available. It is within walking distance just down the road from Wilcoxson Elementary school, one of the best grade schools in Stratford. The only downside that I can see with this home is that Wilcoxson Avenue is a busy road with quite a bit of traffic. However, the location is reflected in the price which still offers a great deal for this area. We think it will go contingent soon, as there is very little supply on the market today.

View from Charlton Street

This home also has an oversized two-car garage which is also unusual for the area. Most homes are lucky to have a single car garage, though the early prewar garages that are still standing are a real treat. The detached two-car garage makes a great workshop space or storage space.

Two Car Garage

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Information posted is merely the opinion of Time or Space for entertainment purposes only. All information published can be found in Town Records which is made available to the Public.

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