Home for Sale at 54 West Normandy Drive, West Hartford, CT 06107

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54 West Normandy Drive
West Hartford, CT 06107

Martin Ramos with eXp Realty, original listing - (866) 828-3951

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Property Details

List Price:	$599,900
Beds:	4
Baths:	Full: 3, ½: 1
Status:	Active
SqFt:	2805 Square Feet
Agency:	eXp Realty
Agency Phone:	(866) 828-3951

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	0 acre(s)
Garage:	Garage
Property Type:	Residential-Single Family Residence
Year Built:	1957
Notes:	Welcome to this stunning residence located in one of West Hartford's most sought-after and tranquil neighborhoods. As you step inside, you'll be captivated by the soaring ceilings and the open floor plan that allows natural light to flow effortlessly throughout the home. The main living area features an expansive layout with gleaming hardwood floors and a dramatic vaulted ceiling, creating a sense of space and grandeur. The living room features a modern fireplace, offering both warmth and a striking focal point, perfect for cozy evenings or entertaining guests. The open-concept design seamlessly connects the living area to the gourmet kitchen, which boasts high-end stainless steel appliances, custom cabinetry, and an oversized island with stunning quartz countertops. The stunning view from the upstairs open railing, which overlooks the living area below, adds to the open and airy feel as well as a unique architectural element to the space. The spacious primary bedroom suite is a true retreat, offering an abundance of storage with six generously sized closets. This luxurious space provides a perfect blend of comfort and practicality, ensuring that all your wardrobe needs are met. Outside, the home is set on a peaceful lot with mature trees, providing a private and serene setting. The neighborhood is known for its quiet ambiance, yet it's conveniently located near West Hartford's shopping, dining, and easy access to major highways.
MlsNumber:	--
ListingId:	24042672

Listing Provided By:	eXp Realty, original listing
Phone:	(860) 983-1626
Office Phone:	(866) 828-3951
Agent Name:	Martin Ramos
Disclaimer:	Copyright © 2024 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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