real estate blog – time or space

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

November 8, 2020November 9, 2020Blog, connecticut, Homes for Sale, new construction, paradise green, Stratford, UncategorizedLeave a Comment

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.

Stratford’s Spooky 1930 Tudor House on Halloween

October 31, 2020UncategorizedLeave a Comment

This spooky vintage 1930 Tudor style home looks exactly like what I’d imagine when reading the classic tale of Hansel and Gretel. Its beautiful brick, stucco and gingerbread exterior with peaked arches and rounded front door are very charming, drawing you in.

The dark 1930’s woodwork are perfectly maintained, perhaps too perfect. Perhaps only a sneaky witch could live in such a beautiful vintage home this inviting. This 5 bedroom abode last sold for an incredible bargain in 2017 at only $230,000. It’s been said that only a Witch could have negotiated a deal that good. It’s also been said around town that if you listen very carefully when passing by this house on Halloween night, a small voice beckons “Do come in…”

Do you like 1930’s homes in this style? Then you might like our recent post on a similar home in Stratford here. These beautiful Tudor style homes were popular in the 1920’s and 1930’s, though they were expensive to build, even back then. After World War II, the focus sadly shifted from craftsmanship to building lots of housing cheap and fast to accommodate the post-war boom.

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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.

91 Woodland Ave, Stratford, CT 06614

October 16, 2020October 22, 2020Blog, connecticut, Homes for Sale, paradise green, Stratford1 Comment

Now for sale is a super cute 1920 ranch style bungalow with 1,181 square feet of living space, three bedrooms and two bathrooms. This small vintage home was initially listed for $259,750 but after a recent price drop is now available at $235,000. Incredibly, this home was last sold in November 2016 for only $110,000 which was an incredible buy for this neighborhood.

This 100 year old home is unique to the surrounding area for several reasons: it has a stucco exterior, an unusually large lot size of 9,147 square feet and is a pre-war home. Most property lots in this area are approximately half that size, so they’re in the 5,250 square foot range. Prewar homes (built before 1935) are also more rare to find as the majority of the housing supply in Stratford was developed rapidly after World War II. They just don’t build them as well as these prewar homes anymore! Finally, the stucco exterior is not often seen in this neighborhood, which offers a warm vintage charm.

This little gem is also currently the cheapest single family home on the market right now in Paradise Green, with a large lot size that offers the potential for future expansion. Considering the house right next door is under contract (listing price $349,900) this home may offer a good opportunity for someone to buy, renovate and expand.

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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.

Time or Space

October 11, 2020October 23, 2020BlogLeave a Comment

Making a purchase decision on a home and what town that home is located in certainly presents a myriad of variables to consider. Though, despite the complexity of this analysis, it often boils down to this one simple choice: time or space.

You can choose a home much closer to your work place, saving time commuting. Time is fleeting, it’s the only thing we can’t create more of. To save time, space is often substantially compromised. One less bedroom, one less bathroom, less privacy, increased population density. Maybe a smaller home is more affordable and you won’t need to work as much to afford it. That means time saved, too.

Alternatively, by trading time for a longer commute, you will almost always gain more space. That big bonus room, an extra acre or two, more privacy, lower population density.

The name of this blog, Time or Space, is a nod to this concept.

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