Home ownership can be a heavy responsibility at times… especially when times are tough. Homeowners in the city of Providence RI face unemployment and a city on the brink of Bankruptcy. It can also be challenging to find help when times are difficult due to a decrease or loss of income, illness, unexpected disaster or…Read More »
We get so many questions about how the Homestead Exemption works in Providence RI, that I thought it would be helpful to explain it in a post. So how does it work? The tax rate in Providence for someone that does not live in a home as a “primary residence” is $30.38 per thousand of…Read More »
Considering tax assessments on the East Side of Providence, RI, we ran across an interesting example of how one can get fouled up when considering the purchase of a home. Take the example below which is an actual MLS listing description from our realtor MLS. The inputting of this data into MLS feeds all the…Read More »
New this week — Fresh to East Side Providence RI Real Estate —- brand new single family listings. Well sort of “brand new” Four out of 10 of these are “re-lists” – Wayland Ave, Greaton, Freeman Parkway and Woodland Terrace.
To continue from the last post, I thought I would take the same example, this time from Trulia.com to see if the Property taxes East Side Providence RI reported were accurate from the national website versus what should be reflected in MLS. Again, Trulia.com doubles the taxes. Most single family homes on the East Side…Read More »
I’m a big fan of Zillow.com. When it comes to tax calculations however in Providence RI and where assessed values are high, like here on the East Side of Providence, Zillow.com can be very misleading. Take the case in point from two of our listings on the East Side. I nearly choked on my morning…Read More »
Here are some stats for the Barrington RI market for 2010. For single family homes in Barrington RI 02806, the median sales price was $359,000 and priced at $205 a square foot. Average days on market were 121 days. I like to point out the highs and lows of the Barrington RI market because it…Read More »
I post this as a real life example of buying on the East Side of Providence, although to be fair, we don’t see a lot of foreclosures on the East Side, so getting one in a decent area is rare, and you have to have the stomach for going through the process. At present, I…Read More »
Sometimes, when taking a listing here on the East Side of Providence, the seller will look at the recommended price and suggest taking it up by $10,000 so they will have “room to negotiate”. The question is, how effective is this really? Are they helped or hurt by this approach? When it is a small…Read More »