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Fall in love with this 1910 Deering Center home! The home features 5 bedrooms, two full and one half bath with vintage charm and modern touches. The farmhouse style kitchen with stone counters, stainless appliances, and gas range leads to the formal dining space and a large living room for entertaining. The in-home corner office has great views of Stevens Ave and a wood burning fireplace to keep you cozy in the wintertime! The home is bright, sun filled and has hardwood flooring throughout most of the house. The primary bedroom has an enormous walk-in closet that won't disappoint! The basement space features a beautifully updated bathroom, and bring your finishing touches to provide extra living space, or to take advantage of the home being listed as having 2 living units with the City of Portland. Enjoy morning coffee on side porch and evenings grilling on the back deck after the short walk to Pat's Meat Market. Super close to great local restaurants like Treehouse and Knotted Apron, amazing new bakery Norimoto, Rwanda Bean for your daily coffee, and of course Quality Shop for everything else! Baxter Woods is across the street and nearby Portland Trails are close for your outdoor running or biking adventures. Minutes to downtown, this home is not to be missed!
Open house Sunday 12/18 from 10-12.
5 Bedrooms | 2.5 Bathrooms | 2,647 Sq Ft | 0.13 Acres
$650,000
534Stevens.com
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Fall in love with this fantastic home in a great South Portland location. Convenient to everything, this Thornton Heights home is ten minutes to downtown Portland, ten minutes to some of the best beaches Maine has to offer, all the shopping you need, and the convenient proximity to the interstate. The home has been beautifully updated, both bathrooms thoughtfully restored, with laundry on the first floor and a custom tile shower on the second. Perfect in home office space, two living areas and a great dining area that flows off of the gorgeous updated kitchen. With new cabinets, granite and butcher block countertops, new stainless appliances including gas range and wine fridge, this kitchen is a chef's dream! The backyard is built for entertaining on the deck and fire pit area, as well as a perfect space for the gardeners with garden beds lining the property. Very quiet street in a very up and coming location in South Portland!
3 Bedrooms | 1.5 Bathrooms | 1,822 Sq Ft | 0.17 Acres
$422,000
21Wilson.com |
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Community Highlight: South Portland
With countless neighborhoods to explore in the beautiful city of South Portland, it was hard to narrow it down to just one. With Joe's new listing in an up-and-coming area attracting new businesses, we thought we'd give it some much deserved attention. We are certain you'll find some new places to check out in the Thornton Heights neighborhood!
Broadway Gardens Greenhouse
This South Portland staple has may be one of the originals to the neighborhood. |
Opened in 1950, and creating generations of green thumbs since, this greenhouse has everything a gardener would need.
Lincoln & Main ⎸ Electric Bike Café & Winery
This place covers all the bases. Incredible bakery Winery House made vermouth (i.e. delicious cocktails) EBikes . No lack of creativity or innovation here!
Fore River Brewing Co.
I'm sure most have heard of (and hopefully tried) their amazing beer, but have you been to their tap room? If not, you'll want to schedule a visit ASAP. With weekly events such as trivia night and live music every weekend, this place is a local favorite. |
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Market Update
If you pay attention to the news, you'll see the most eye-catching headlines are showing a huge market crash is either imminent or we're deep into it (spoiler alert: most experts disagree!). If you actually read the articles, like the one just linked, there are mixed predictions. In certain pockets of the United States, markets are seeing some price drops, but overall, we are not seeing dramatic changes here in Maine. Sure, there aren't as many offers, some buyers are holding back, and most sales are now subject to an inspection, but let's look at the numbers.
During the past two years, a major driver in home values and the frenzy for home buying has been a simple supply and demand imbalance. There were too few homes and a surplus of demand, driven in part due to low interest rates.
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Interest rates are higher today, but let's look at the number of new listings in both Cumberland and York County. New listings are down 18.51% in Cumberland County and down 27.54% in York County. Month-over-month, these might make sense given the seasonality of the real estate market in Maine, but these statistics are year-over-year! An already pinched market with too little inventory now has less inventory than a year ago!
We stand by these numbers telling us that on the back end of whatever cycle we're on, there will be another boom in real estate simply because there isn't enough inventory. There are still not enough homes being built, Millennials need housing, and they outnumber Baby Boomers. We'll keep you posted as we head into the new year. |
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Our Stock the Snacks campaign was a huge success thanks to our amazing clients and friends! The teachers and students of the Westbrook School District are incredibly grateful for the donations. We couldn't have done this without you!
Thank you! |
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