What You Can Get For $650,000K

December 30, 2011

Filed under: Real Estate Trends
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Bill

As we head into 2012, one of our New Years Resolutions is to blog more about our properties. At RPL we list some truly interesting and unique homes, worthy of recognition, so we thought it might be fun to exhibit what you can get for $650,000K. We will feature different price points in the future.

WHAT: A four-bedroom, two and a half bath home in Scituate
HOW MUCH: $625,000
SIZE: 3,500 square feet
SETTING: The home is in Northern Scituate, just over fifteen miles west of downtown Providence. The community is rural; known for its apple orchards, hearty farms, and stone walls, and major fall art festival. The dominant geographical feature is the Scituate Reservoir—the largest freshwater body of water in the state, with forests and ponds filling the rest of the landscape. The property is about five miles away from the historic village of North Scituate—known for its annual art festival over Columbus Day Weekend.
INSIDE: The home itself is a historic reproduction of the 1683 Parson Capen House in Topsfield, MA. The house is done in the post and beam style, and incorporates wide brick fireplaces, hardwood floors, and paneled walls into the design. The living room, dining room, kitchen, library, and family room are on the entry level. The four bedrooms are upstairs, and there is a study on the third floor. Several of the rooms have built in bookshelves.
OUTDOOR SPACE: The home sits on 1.58 acres. There is a large stone patio and a bird bath. A walkway weaves throughout the gardens.

WHAT: A four bedroom, three and a half bath townhouse in the Wayland Square neighborhood of Providence
HOW MUCH: $639,000
SIZE: 3,900 square feet
SETTING: This building is in the affluent Wayland Square neighborhood of the East Side. The neighborhood, which is on the National Register of Historic Places, features a mix of colonial revival architecture and Queen Ann style houses. The building is within five bocks of Wayland Square, a commercial area lined with restaurants and shops, amidst residential homes. It’s also three blocks from Blackstone Boulevard, a 1.7 mile green space for jogging and walking, and about half a mile from Brown University and the Rhode Island School of Design.
INSIDE: This unit, a townhouse, is one of only two in the 1915 building. The interior features hardwood floors, beamed ceilings, and crowned moldings. The entire building has been renovated within the last two years, including the kitchen, washer, dryer, bathrooms, windows. The living room, dining room, and kitchen are on the entry level. Three of the unit’s bedrooms are on the second level, and the fourth is on the third floor. There is a sitting room on the lower level.
OUTDOOR SPACE: There is a common area outside with a large stone patio and white gazebo.

WHAT: A four-bedroom, four bath historic farmhouse in North Kingstown’s Harborview Farm Preserve.
HOW MUCH: $650,000
SIZE: 3,687
SETTING: This house is in a private compound less than five minutes from Calf Pasture Beach and the Quidnesset Golf and Country Club. Goddard Park—about four miles away—features a nine hole golf course, a horse barn where the public can rent and ride horses, a beach with a bathhouse, sprawling open fields, and a carousel building for functions. Wickford Village—about ten miles away—is anchored by a natural harbor lined with historic buildings and locally owned shops, galleries and restaurants.
INSIDE: The house was built in 1800, and recent renovations accent the original hardwoods, five fireplaces, and exposed beams. The home now includes skylights, kitchen-and-bathroom updates, and central air, along with a new roof and heating system. The living room, dining room, family room, and kitchen are on the entry level. All four bedrooms are on the second floor. The master bedroom has a fireplace.
OUTDOOR SPACE: The lot is on well over three fourths of an acre, surrounded by stone walls and wooden fences. There’s a backyard patio, accessible from the family room. There are views of the fields in every direction.

As the Boomers Approach Retirement

December 9, 2011

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Sally

Living and working in Providence, it has been easy to notice that the local population is aging and that the older age group has grown tremendously. What college towns have to offer is clearly attractive to retirees and pre-retirees. This week on The Money Pro$, I will be joining host Oliver Tutt, and guest host Robert Auclair to discuss the issue of downsizing in the aging population. Oliver is a Certified Financial Planner and creator of Randall Financial Group and Robert is a partner in the firm.

These days, downsizing does not necessarily mean a smaller or less expensive home, instead the concern is lifestyle. Baby Boomers make up a significant amount of home buyers, especially in Rhode Island. These people, now between 47 and 65 years old, are “younger”, healthier and have more disposable income than the previous generations. As they switch residences, they move into areas that satisfy their cultural and social interests. Residing in a walkable town filled with arts, entertainment, great restaurants and a lively atmosphere, like college towns, is extremely appealing to this generation.

Many of these buyers are searching for certain amenities in their homes, as well as location. They are in pursuit of homes with higher quality features, lower maintenance and proximity to public transportation and health care. In addition, features which they may not have worried about before now, are of growing concern. A universal design which generally offers single story living, accessibility and maneuverability have become of great importance.

The ideas of convenience and lifestyle are making cities and tight knit communities the destinations of choice for the downsizing community. To hear more about this in depth, be sure to tune into The Money Pro$ this Sunday the 11th at 11:30 on Fox Providence.

All About the Architecture

December 2, 2011

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Sally

Being part of a community that is rich in culture and architecture has always been interesting to me. As the holidays draw closer, Providence is finding new ways to celebrate what makes our city unique. This December you have the chance improve a building as well as enjoy those that have been lovingly restored to splendor.

Architecture for Humanity has helped people and communities in countries like Haiti, Japan and South Africa, as well as, in the United States, focusing on keeping places safe and sustainable by rebuilding communities, alleviating poverty and creating spaces that aid in community causes. The Providence Chapter is a new group of the global organization which is a network of architects, designers, and other building professionals working to brings design, construction and development services to communities in need. To kick start their efforts, the local group has a different initiative with its “Holiday Wish List Exhibition”. This program is asking members of the Providence community to submit 2-D artwork or photography of a property which you wish to be renovated, transformed, or re-purposed. The details needed with the submission are enumerated on their website. All submissions should be emailed or mailed to the address on the Architecture for Humanity, Providence Chapter’s website by December 15th. They will be displayed on the 19th of December.

Though the architecture group is new to Providence, the city has been a national leader in preservation through an organization that was founded by some astute women back in 1956. The Providence Preservation Society offers many programs and each year they showcase some of the historic deliverances which have occurred over the past 50 plus years. This past Sunday, I had James Brayton Hall, executive Director of PPS, on my radio show to discuss aspects of preservation in Providence. We talked on items from their Ten Most Endangered Properties program, to his vision of saving neighborhoods one building at a time, to their upcoming Benefit Street event this Saturday, December 3, 2011. You can hear a free podcast of the show via itunes.

This weekend you should make it a date to enjoy a collection of gems, which make Providence so unique, by attending The Providence Preservation Society’s “Benefit Street Holiday” event. Ticket holders will be guided through historic homes and shops on Benefit Street, learning about the significant collection of architecture, while enjoy festive decorations, storytelling, and celebrations. And there are activities for everyone in the family.

Preserving our community is the best way we can build a better future. Whether you want to bask in the glory of past renovations, or get involved in proposing new projects, this December is a great time to start.

Taste of Two Cities

October 31, 2011

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Bill

If you’re in Providence or Newport this week make sure you stick around because it is the time to taste Rhode Island. As you are probably sick of Halloween candy, Newport and Providence are showcasing delicious food, menus and entertainment that illustrate the taste and culture that compose our state. On November 2nd, the Botanical Gardens at Roger Williams Park Zoo will come alive with a fantastic blend of cultural food inspired by the Federal Hill House Association, whose efforts serve one of the “largest multi-ethnic communities” in Rhode Island.

The “Taste of the Hill” event has several restaurants teaming up to make this a delicious and cultural experience for you to enjoy, but also support the FHHA’s efforts to help people, help themselves integrate into the community. Started in 1887 as a home for recent immigrants, the multi-cultural nature of FHHA inspires “The Taste of the Hill” ethnic blend of eating and entertainment.
If you happen to be in Newport, you don’t have to miss out either. This Friday, November 4th, is the opening day of Newport’s Annual Restaurant Week that feature many of the restaurants in Newport and Bristol counties. A prefixed lunch and dinner menu offer a delicious ten-day opportunity to experience some of Rhode Island’s finest, and please your taste-buds.

Ed Hardie, our Providence Manager and Newport boater, recommends either of these events. “They offer the perfect way to try new restaurants to which you have never been at a fantastic price. What better way to be adventurous.” Note that these are both paid events.

Celebrate Your Roots

October 26, 2011

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Bill

Have you ever thought about where you come from means? Head to the Washington Park Library all weekend long from 6pm- 7:30pm to “Celebrate Your Heritage” and hear the fascinating stories of internationally acclaimed, Valarie Tutson and Len Cabral discuss and share their impressive stories of African heritage. In addition to their stories, you too will have the opportunity to connect with your roots. This weekend is the chance to experience all the Providence Community Library has to offer.

In addition to this cultural event, the Rochambeau library, also under the Providence Community Library management, is participating in the 31st annual Friends of Rochambeau Book Sale which has been a well respected “Friends” group in the Rhode Island community. This book sale is all weekend long and open to the public.

The nine libraries that are part of PCL are located around the greater Providence area, so do not miss out on your opportunity to support their efforts. The Providence Community Library has managed the neighborhood libraries of Providence since 2009.  Join their mission to improve and unite the communities of Providence.

Reserve your spot to connect with your roots by calling (401) 467-2700.