Stuart Lewis

In the adjusting economy, real estate is still a great buy here on the Outer Cape. Our local market has encountered price adjustments, but no where near the national level you are reading about in the papers. There is nothing that compares to this picturesque fishing village nestled against the Cape Cod National Seashore, colorful nightlife, and terrific restaurants to encourage visitors from everywhere!

Condo and home values have been affected by the current economic climate, but the downward movement in values has slowed due to the finite amount of land and the uniqueness of the geographic location of Provincetown. Our sales have slowed, but we see a shift between those homeowners wishing to sell their homes or condos, and those interested in sitting on them. Instead of location, location, location now it's become price, value, and then location. This is a buyer's market, and there are sellers motivated to move on with their life. While our first quarter sales were quiet due to the testing of the confidence levels in spending in the marketplace, those properties that sold provided some great values to buyers. Here are a few statistics on the local market on the outer cape.

Provincetown

.. 74 studio and one bedroom units starting from $169,000

.. 67 two bedroom units starting from $210,000

.. 15 three bedroom units starting from $299,000

.. 20 Single family homes starting at $470,000

Truro

.. 27 studio and one bedroom units starting from $159,000

.. 21 two bedroom units starting at $189,000

.. 2 three bedroom units starting at $499,000

.. 60 single family homes starting at $399,000

Explore the possibility of owning real estate in Provincetown, Truro, or the Outer Cape. With mortgage rates at historic lows, and buyer's being in the driver's seat in this current market before it turns around, your dream could become a reality. Provincetown is all about lifestyle...Feel free to call me on my cell anytime at 203-858-8940.

Stuart Lewis

Century 21 Shoreland www.provincetownrealestate21.com

Let's Sell Your House...First Things First

Exterior

-Clear away littler, bikes, trash cans, gardening equipment and put in proper place

-Keep the parking space clear, cut the lawn, and remove weeds from walkways

-Add fresh mulch, trim shrubs, and remove dead vegetation

-Repair/replace missing roofing or flashing, repair foundation cracks and wood rot,

replace broken windows, clean all windows, and repair broken fencing or gates

-Plant seasonal flowers in gardens or planters, clean door mat, organize garden

furniture, repair bent of broken screens, and ensure door locks work properly

-Remove dead or diseased plants around your yard

Inside the House

-Ensure doors, door frames, and walls are free of fingerprints or smudges, repair squeaky floorboards and cracked tile, eliminate visible extension cords, clean all wall switch light plate covers, and as well, repair any chipped plaster walls or corners

-Eliminate animal, cooking, smoke, or damp odors inside house

-Remove oversized furniture if possible which can make a room look small

-Clean and polish wood flooring, and replace soiled and stained carpet

-Reduce half of the contents in closets, and remove excess from home

-Remove most personal photos, family momentos, and personal items from the

house. Keep a few magazines and newspapers in a small rack, and box the rest for

future reading in your new home

-Store excess toys in box's..major distraction if they do not have children

-Paint rooms in neutral colors, open curtains, and clean shades..maximize light

Kitchen and Bathrooms

-Clear off counter tops, clean all appliances and visible vents, repair leaking items

-Organize cupboards, clean exterior surfaces and hardware on cupboard doors

-Clean any stains on countertops, repair chips or cracks, and organize drawers

-Replace shower curtain, clean toilet and sink stains, tighten toilet seat

Garage

-Garage sale and get rid of clutter, empty trash containers, and lights work

-Ensure garage door is oiled and works effortlessly

-Hang tools, bikes, equipment, put cans and containers on shelves..ie ORGANIZE

These are the basics...let me know if you need the extended list!

TIP SHEET FOR BUYERS OF PROPERTY ON CAPE COD

In the adjusting economy, real estate is a great buy here on the outer Cape. Our local market has encountered changes, but no where near the national level you are reading about in the papers. Provincetown is unique with high speed ferry service from Boston, daily flights on Cape Air, expanded boat service from Plymouth and new this summer from Glouster, MA. There is nothing that compares to this picturesque fishing village nestled against the Cape Cod National Seashore, colorful nightlife, and terrific restaurants to encourage visitors from everywhere!

I thought you would enjoy a few of the local statistics about the market. Currently, we have

.. 85 studio and one bedroom units starting from $145,000

.. 71 two bedrooms units starting from $285,000

.. 22 three to four bedroom units starting from $360,000

Some of the features to consider when establishing your criteria for a property should be based on your living and lifestyle profile. Important variables to consider are

.. Property should have parking

.. Property should have an exclusive use outdoor area

.. Water-views is always desired, thus property with water-views should have a stronger re- sale value

.. The higher the number of bedrooms, the better!! Studios are harder to rent and harder to sell in most cases, but still good to get into the market

I would like to encourage you to search for a home or condo with MLS Property Finder compliments of Century 21 Shoreland for properties in your interested area. Contact us about this terrific program as my customers love the system, its ease to navigate through, and the ability to change personal search criteria. Provincetown, Hyannis, or anywhere on Cape Cod!

Stuart Lewis

Century 21 Shoreland

Provincetown, Truro, and Cape Cod

1-203-858-8940 cell

www.provincetownrealestate21.com

With prices adjusting, the demand in the market increasing for vacation or investment property, mortgage rates historically low, this is a terrific time to consider purchasing real estate on Cape Cod. With offices in Provincetown and Hyannis, Century 21 Shoreland serves the entire Cape Cod region. Let us "optomize your buying or selling experience"as your selling or buying agent providing you the Gold Standard in Real Estate!