Tag Archive for: Wilton

Inventory Is Increasing, But It’s Still A Seller’s Market

Spring is here, and it’s a fabulous time to list your home! If you’ve been on the fence about selling, we understand. It’s been a tumultuous two years. But the real estate market shows that inventory is starting to rise, and if you’d like to capitalize on this exciting spring market to earn a fabulous price for your home, Karla Murtaugh Homes at Compass would love to help. And if you’re looking to buy, inventory is climbing and you may have more options in the coming weeks, so definitely don’t give up!

“Thankfully, the market isn’t as frenzied now as it has been in past months, and more people are feeling comfortable about selling. Inventory is still relatively low at this point, so it’s a great time to take advantage of a seller’s market,” said Karla Murtaugh.

According to Connecticut Magazine, at the start of 2022, statewide inventory sat at less than a two-month supply, more than four months less than the typical market, so inventory will be the most important thing to watch in 2022. The Multiple Listing Service’s year-end report for 2021 showed the months supply of inventory down nearly 38 percent from 2020, to 1½ months statewide. Months supply describes the amount of time it would take to sell all the homes on the market, given current market conditions. Historically, moderate price appreciation comes with about six months’ supply, according to the National Association of Realtors.

“One thing to keep in mind if you’re thinking of selling is that research shows a staged home generally sells faster and for more money. The real estate market is highly competitive and staging will give you a leg up on the competition”, said Karla.

“When a potential buyer enters your home, you want to provide a backdrop for them to experience the home—a place where they can see how rooms function and how the home ‘feels’. You want them to say WOW!”, she continued.

One of Karla’s favorite things about having joined Compass is the Compass Concierge program, which is designed to prepare your home for the market. From deep cleaning to cosmetic improvements, Compass Concierge assesses opportunities to elevate your home’s value. The program will provide a tailored plan for updating and staging your home, and the means to execute it. Compass fronts the costs associated with home-selling improvements and only collects payment for the services rendered at the time of the property’s closing.

In addition, Karla’s own staging programs are designed to work within your budget and comfort level, and can either use your existing furniture and accessories, or bring in additional items. Most importantly, staging lets you get an objective opinion as seen through a “buyer’s eyes” – it’s not a reflection on your personal style or taste, but about getting you the most bang for your buck and top dollar on your sale.

For everything you need to know about selling your home, check out the Karla Murtaugh Homes Seller’s Guide. Be sure to connect to the team at karla.murtaugh@compass.com for your complimentary consultation.

Wilton Q1 2022 Market Report

The Wilton real estate market continues to take advantage of the current surge. While inventory and the number of sales are typically lower in Wilton than in Ridgefield, the town has enjoyed an earlier resurgence of inventory particularly in the over $1 million range. This has led to higher median and average sales prices than in Q1 2021. For example, 52% of all property sales in Wilton in Q1 2022 have been for homes priced in the $1 million and over range compared to only 26% in Q1 2021. In addition, there have been twice the number of luxury properties (homes selling for more than $1.5 million) in 2022 compared to 2021, with 20% of all sales being in this price point. This noticeable surge in luxury sales has definitely influenced the median and average sales prices in the town. The number of sales in Wilton has also decreased as in Ridgefield, but is still slightly higher than the pre-pandemic numbers. As we move into the typically fast-paced spring market, it will be interesting to see if supply can keep up with demand.

Embrace The Green!

St. Patrick’s Day is next week! And while you’re getting your green on and planning for this fun holiday, don’t forget to exercise your green thumb. Plants and shrubs could be looking a little overgrown by this time of year, so spend a little time sprucing things up.

Especially if you’re planning to list your home for sale, don’t underestimate the power of curb appeal. Sasha at Greenway Landscaping is a great resource if you’d like to invest in an expert opinion on how to cut back your plants. Or head to Ridgefield Hardware which has plenty of chemical-free products to choose from.

If you prefer a more natural approach to your lawn, you may enjoy this terrific piece in 068 Magazine about the “Pollinator Pathway”: https://068magazine.com/068-feature-benefits-of-a-natural-back-yard-march-april/

In this article, Sarah Breznen, Director of Education at the Woodcock Nature Center, stresses the importance of researching specific native plants. “The pollinator pathway is a great resource, and I would always urge everyone to go on there because they have a list of plants, what habitat they’re good for, when they bloom, what host species use them,” says Breznen. “So, they can kind of pick what would be most beneficial for their backyard.”

David McCarthy, Executive Director of the Wilton Land Conservation Trust, is another supporter of chemical-free yards. “An organic lawn is something that’s more sustainable over the long term,” explains McCarthy. “When you introduce things like pesticides, herbicides, and you’re spreading those around you are basically creating a dead zone.”

Also, don’t forget to clean your gutters out after the winter! Clogged gutters can be a major cause of spring flooding in homes, and it’s imperative to keep your basement dry.

Enjoy celebrating the return of the sun with some green beer and green lawns! Wishing everyone a very happy St. Patrick’s Day!

We Love Fairfield County Giving Day!

One of our favorite things about Ridgefield is the philanthropic nature of this community. There are so many outstanding organizations working tirelessly every day to make this world a better place, and it’s our honor to support them. In honor of Fairfield County Giving Day, a 24-hour challenge and our region’s biggest philanthropic event coming up on February 24, it’s our pleasure to outline just a few of the wonderful charities based here in Ridgefield. Most of them are participating in Fairfield County Giving Day so be sure to check them out on social media for details:

  1. The Prospector Theater is a 501(c)(3) non-profit dedicated to providing competitive and integrated employment to people with disabilities through the operation of a premium, first-run movie theater. Almost 85% of Americans with disabilities are unemployed. Open every day of the year, the Prospector Theater was built as a solution to this problem. Meaningful employment is vital to a person’s mental, social, financial, and emotional health. For more information please visit http://www.prospectortheater.org/.
  2. The Ridgefield Boys & Girls Club has long been a cause very close to my heart. The Boys & Girls Club of Ridgefield is a youth activity center designed to offer programs for school-aged children after school and during vacations in five core areas: The Arts, Character & Leadership, Education, Health & Life Skills, and Sports, Fitness & Recreation.
    Club programs and services promote and enhance the development of boys & girls by instilling a sense of competence, usefulness, belonging and influence. Together with my friend Christine Carnicelli, I was lucky enough to be honored as the 2020 Champion For Youth, while Christine received the 2021 honor at their most recent gala. To learn more please visit http://www.bgcridgefield.org/.
  3. The Ridgefield Symphony Orchestra (RSO) is a regional professional orchestra founded in 1964 with the mission to enrich the cultural life of the citizens of Ridgefield and surrounding communities by presenting professional live orchestral concerts. The RSO also strives to increase the appreciation for music through community involvement and educational programs for people of all ages and abilities. We have enjoyed many of their wonderful performances at the Ridgefield Playhouse and the Ridgefield High School auditorium! For more information please visit http://www.ridgefieldsymphony.org/.
  4. RVNAhealth (formerly RVNA or Ridgefield Visiting Nurse Association) is a private, non-profit, mission-driven organization founded and focused on care. RVNAhealth provides healthcare where patients want it most – in their own homes, while striving to prevent further illness through many health and wellness programs. Their experienced team of caregivers provides home health care services in the comfort of your ‘home’ whether it is a private residence, assisted living or skilled nursing facility, or hospital, and also in their ‘home’ at the Center for Exceptional Care in Ridgefield, and across the 36 surrounding towns they serve. RVNAhealth is always planning an enjoyable fundraiser and we’ve enjoyed several of their events including the upcoming annual Spring Breakfast! To learn more please visit http://www.RVNAhealth.org/.
  5. The Iris Fund was founded several years ago by a Ridgefield resident and is dedicated to research that will determine what triggers full-term labor to end pre-term birth. The Iris Fund exclusively supports the research being conducted by a Mechanical Engineer and OBGYN (Drs. Myers and Vink) at Columbia’s Preterm Birth Prevention Center. They believe all women deserve to know how their bodies work during labor and are inspired that those same answers will save and improve outcomes for our most vulnerable babies. The Iris Fund also recently partnered with The Tiny Miracles Foundation and local florist Three Roots Education to deliver fifty beautiful floral bouquets to moms spending Valentine’s Day in local NICUs. For details please visit https://www.theirisfund.org/.
  6. Lyme Connection provides education, prevention, support and advocacy related to the increasing problem of tick-borne diseases in our community. Lyme Disease is a huge issue in our area, and Lyme Connection is a unique community-based organization, founded by families impacted by tickborne disease. They offer prevention programming as well as patient support services and educational events. Lyme patients and their families benefit from free monthly support groups, seminars, annual conference and health fairs. Medical and mental health providers take part in the professional programs Lyme Connection offers to improve patient care. To learn more please visit https://lymeconnection.org/.
  7. The Ridgefield Theater Barn was founded in 1965 when a handful of Ridgefield residents banded together to form a small theater group dedicated to providing community theater. Housed in a rustic converted dairy barn leased from the town of Ridgefield, the Workshop continues to produce an ongoing series of comedies, dramas, and musicals. The cast and crew of every show run the gamut from raw amateurs to seasoned professionals. All participants, whether on stage or off, are volunteers, including actors, dancers, musicians, seamstresses, carpenters, singers, electricians, and individuals who just offer willing pairs of hands to do anything from painting scenery to taking tickets at the door. With cabaret seating at candlelit tables, they offer superior entertainment, so BYO refreshments and join us!

Winter Break Staycation

Winter Break is right around the corner, and it’s more than a whole week off for some schools including Ridgefield Public Schools. If you’re opting for a staycation this year, there’s plenty to do in our area.

The Prospector Theater always has family-friendly movies playing, and we love their snacks and drinks! Such a great place to visit all year round, especially considering their mission is to provide competitive and integrated employment to people with disabilities through the operation of a premium, first-run movie theater.

Head to the Ridgefield Library to free family events like All-Age Family Storytime, Scrabble Club, Animal Explorers Storytime, Children’s Electricity Workshop, STEAM Corner Crafts and their February Take & Make: Basquiat Inspired Expressionism. The vacation week ends on a fun note on Friday, February 25 with in-person PJ Storytime & Stuffed Animal Sleepover 6:00-6:45pm and a Magic Show with Ed Pop on Saturday, February 26 at 1:00-1:45pm.

Deborah Anne’s Sweet Shoppe on Main Street will be open and is always an easy, fun way to get out of the house no matter how old your kiddos are! If you don’t feel like cooking, some of our favorite family-friendly restaurants are 850 Degrees Wood Fired Pizza, Wooster Hollow Café, Dmitri’s Diner, Prime Burger, and BareBurger.

Several ski areas are close enough for a day trip, including Butternut in Massachusetts, Mount Southington in Plantsville, CT and Thunder Ridge in New York. For winter activities right here in town, check out daily open ice times at Winter Garden Ice Arena.

The Ridgefield Parks and Rec is hosting a Winter Break Multi Sports Camp February 22-25 for ages 5-11. Campers will have the opportunity to experience a variety of sports throughout the program including soccer, basketball, flag football, cricket, handball, volleyball, and more.

And, of course, there are our favorite parks, museums and playgrounds that you can check out year-round.

  • Ambler Farm in Wilton is holding a free Maple Syrup Open House on Saturday, February 26 1-2pm! Kids will have the chance to tap a tree, take the maple syrup taste test and learn about Native American, Colonial and modern methods of making syrup. Plus enjoy Ambler Farm’s very own maple syrup over vanilla ice cream!
  • Woodcock Nature Center in Wilton offers terrific hiking trails and camps. Plus, they’re holding an Evening Owl Walk on Saturday, February 26 5:30-7pm with bird enthusiast Tommy McCarthy.
  • Ballard Park’s playground is fabulous no matter the weather and the gazebo looks beautiful even covered in snow.
  • Stepping Stones Children’s Museum and The Maritime Aquarium are both located in Norwalk with plenty of programs for kids of all ages.
    Sledding at Veterans Park field is always a fun option if there’s snow on the ground!

Check out the Ridgefield Hamlet Hub calendar for many more events happening on our area every week. Wishing everyone a fun and restful vacation no matter how you choose to spend it!

You just moved to Ridgefield with toddlers! Now what?

Ridgefield is an absolutely fabulous place to raise a family! Excellent schools, plenty of activities, the first Cultural District in the state of Connecticut, close proximity to NYC and it’s consistently one of the safest towns in America.

So you just moved here and have toddlers. Welcome! Now what? Our first recommendation is to get connected to the Ridgefield Newcomers, Ridgefield Moms Club, Mothers of Preschoolers, or another group where you can meet other families who are new to town.

  • Our area is home to plenty of parks, museums and playgrounds that you can check out with your little ones. Here are a few of our favorites:
  • Ballard Park in downtown Ridgefield has a fabulous new playground, beautiful gazebo and lovely gardens plus fabulous free CHIRP concerts in the summer.
  • Ambler Farm in Wilton celebrates our community’s agrarian roots through active learning programs, sustainable agriculture, responsible land stewardship, and historic preservation. They hold plenty of programs year round and are home to many animals you can visit every day.
  • Woodcock Nature Center in Wilton offers terrific hiking trails and camps.
  • Stepping Stones Children’s Museum and The Maritime Aquarium are both located in Norwalk with plenty of programs for kids of all ages.
    Silverman’s Farm in Easton is home to a petting zoo and plenty of pick-your-own fruit orchards.

Head to the Ridgefield Library and learn more about their many free programs for children, including storytime and music classes that take place in Ballard Park in the summer. They also have plenty of programs and book clubs for parents, and their daily newsletter contains a lot of valuable community resources.

Don’t miss The Prospector Theater, a 501(c)(3) non-profit dedicated to providing competitive and integrated employment to people with disabilities through the operation of a premium, first-run movie theater located right here in Ridgefield. In addition to their incredible mission, they show family-friendly movies and serve gourmet treats. Plus, it’s a fabulous date night destination!

We highly recommend you subscribe to newsletters like Hamlet Hub for more information on what’s happening here in town. We are proud to welcome you to our community and hope you love it as much as we do!

We’ve Joined Compass!

We pride ourselves on providing the best market knowledge, the best client care, and the most comprehensive marketing to our clients. Integrity, authenticity and knowledge are our pillars of service. As such, we are thrilled to be joining Compass Ridgefield as the Founding Team, becoming part of the fastest growing, independent brokerage in the nation. Renowned for focusing innovative technology and support towards agents and clients, Compass further enhances Karla Murtaugh Homes’ commitment to an outstanding Real Estate experience. We’d love for you to reach each out to us to discover more about Compass and how we can help you with your Real Estate needs!

Antique Homes Are Amazing, But Do Your Homework

There are some beautiful antique homes in our area, and these can be some of our favorites to help clients buy and sell. The unique charm of older homes can be just the character your family is looking for, and there is nothing cookie-cutter about these properties! They are often located in well-established neighborhoods with mature landscaping.

Older homes can have amazing character traits and historical features that most new homes simply do not have, like huge wood-burning fireplaces, beautiful wood trim and moldings, and ceilings with rustic wood beams that can be harder to find in newer, more modern homes.

There can be some challenges however, and we created this list to help prepare you if you’re thinking of purchasing an antique home. Be sure to consider the following:

  • Enlist the help of a top realtor like us who has decades of experience in this area. We know what red flags to look for, and how to negotiate on your behalf to get the best deal especially when it comes to replacement expenses.
  • Most older homes contain items that eventually need to be replaced. Some examples with considerable price tags may include roofing, furnace, water heater, decks, windows and fencing. It is important to find out the age of each of these items when you’re considering an older property. Structural issues, older plumbing and outdated electrical may also need to be addressed depending on the age of the home.
  • Antique homes in the northeast especially can require updated weatherstripping and insulation to ensure you’re not wasting money on an unnecessarily high energy bill. Speaking of bills, it can be more costly to insure an older home than a modern home so you may want to check with your homeowners insurance company.
  • Depending on the needs of your family, the floor plan in an older home might require some renovation and remodeling. Smaller rooms might need to be opened up to create a more open floor plan and additional bathrooms might be needed if you have a larger family or frequent houseguests.
  • You may want to find out if there are any historical societies or neighborhood restrictions on remodeling. Some older homes and neighborhoods have restrictions in terms of the type and style of remodeling that can be done.
  • Fortunately, our team loves antique homes and would be honored to help you find yours, even if it means resolving some of these issues! Reach out to us today.

    Top Outdoor Living Trends, According to Google

    Summer is here! Even as the world reopens, homeowners and home buyers are putting more weight on outdoor spaces to enjoy at home. So, what’s trending in outdoor spaces? Living Spaces, a furniture retailer, recently spotlighted Google trends data to showcase what is seeing the highest uptick in interest as homeowners spruce up the outdoors.

    Indoor-outdoor spaces: “Cozy, private, and shaded space outdoors” is trending—all through comfy couches, ambient lighting, and multifunctional, weather-resistant furniture, according to Daniela Lopez, a Living Spaces designer. Indoor-outdoor spaces have posted one of the largest increases for 2021, jumping about 156% over the last year, according to Google searches.

    Backyard play sets: The kids are getting their own private spaces outside too, including backyard play sets, tree houses, and even giant sidewalk checkers games or outdoor reading nooks. The Google Trends report shows backyard play sets have risen about 7% over the past year.

    Gardening: Container gardening is gaining popularity, which has increased spots all around outdoor space for pots of flowers or fruits or vegetables. Edible gardens have seen a 20% increase in searches over the past year and sustainable gardens a 9% increase.

    Backyard basketball court: Sports and hobbies have gained popularity in the pandemic and half-court basketball courts don’t have to take up a ton of space. Google Trends notes “backyard basketball court” has seen a 42% interest over the past year.

    Front porch: The front porch has become an extension of the indoor space and a place during the pandemic for drive-up parties or socially distanced gatherings, Lopez notes.

    Hot tubs: In creating an entertainment getaway, hot tubs have grown in popularity too. Hot tub searches are up 4.11% over the past year.

    View more outdoor trends, according to Google, at LivingSpaces.com.