Mar 14, 2024 | Reports
Monthly sales data, inventory, and days on market for the St. Croix, USVI real estate market is available in our downloadable Coldwell Banker real estate reports. The is a report for each category: Homes & Condos, Condos, Homes, and Land!
If you are not familiar with with the implications of the data, please give us a call or email us directly with any questions. We are Accredited Buyer’s Representative (ABR) and Seller Representative Specialist (SRS) and have the experience and local knowledge to help you in every step of the process. We can help you narrow down neighborhoods based on your priorities. We can also advise you on the market trends in your desired neighborhoods.
Open reports by clicking on links below:
Homes & Condos – February 2024 Report
Homes – February 2024 Report
Condo – February 2024 Report
Land – February 2024 Report
Note: The average sales price and the average days on market could be skewed greatly by only one sale or because of the small number of sales
Mar 4, 2024 | QA
Question: “What are the top 5 hidden costs to buying a home or condo?”
Chris’ Answer:
We get this question a lot. In the excitement of finding your island home, keep these costs in mind:
- Closing costs, prepaid fees, and other fees. Getting a loan costs money. Plan on paying for your loan to be processed along with an appraisal fee. Closing costs and prepaid fees generally range between 3% – 5% of the purchase price.
- Inspections. An inspection by a licensed home inspector is key to any home or condo purchase. This will inform you as to the condition of the home or condo so that you better understand what you are buying. The owner will disclose anything they are aware of, but an inspector will give you a full detailed report. For a home or land, you will want a survey done. Often an appraisal is needed.
- Association fees. Condos have have HOA fees associated with them. Some homes do, too. These fees will be pro-rated for the year at closing.
- Maintenance, repairs, and decorating. Your monthly budget responsibilities could include landscaping, pool maintenance, pest control, garbage pickup, cable TV, and internet. There might be a few minor things for you to repair after closing. Also, you will want to make your new home YOURS. So, budget for decor, paint, landscaping, furniture, or anything else you may want to change. Sometimes just adding new decorative pillows will change the look of your living room and make it more personal!
- Utility bills. Don’t let budgeting for utilities get lost in your excitement. Think about the energy you will be using (water, electricity, AC, pool, washer/dryer, etc.), and add that to your monthly budget.
Contact us with any questions about real estate on St. Croix!
First published on our February 2024 Newsletter
Mar 4, 2024 | QA
Question: “What are the most important features to think about when looking at St Croix properties?”
Christie’s Answer:
Consider the features that suit the needs of your lifestyle both now, and in the future:
- Outdoor space. Because of the temperate climate, be sure to think about creating wonderful outdoor spaces. Even in condos, there will be galleries. You’ll want enough space for you to relax and enjoy the view and breezes, and maybe entertain outside.
- Air flow. Unless you intend to use AC all of the time, having cross breezes and ceiling fans are important. This will keep you cool, and having fresh air circulating will deter mold growth.
- View. What do you want to see when in your outdoor space or looking out your windows? Many people want a sea view. It can be an expansive one, or just small. Some people love a view of the rolling hills or of a garden. Others want to see the old buildings in one of the towns.
- Activities. Do you like to be near diving or snorkeling? Do you like to hike or bike and want to be near places to do that? Perhaps you are an artist who would want to be near the Botanical Garden or historic sites? If you have a boat, you may want to be close to where it’s moored. If you are a star gazer, you may want to be in a more rural area where the glorious moon, stars, and planets will shine brighter!
- Pets. We live with our dogs and cats, all Crucian rescues. We have enough space for them inside and outside. Although they are not pets, we have created garden spaces with flowering plants for hummingbirds and banana quits (sugar birds). We have several bird baths, bird houses, feeders for the sugar loving birds, feeders for finches, and we put out cracked corn for the doves, pigeons, and the 2 peacocks which roam the neighborhood.
Contact us with any questions about real estate on St. Croix!
First published on our February 2024 Newsletter
Feb 5, 2024 | Reports
Find the monthly sales data, inventory, and days on market for the St. Croix, USVI real estate market! We have downloadable Coldwell Banker real estate reports — available below for each category: Homes & Condos, Condos, Homes, and Land!
If you are not familiar with with the implications of the data, please give us a call or email us directly with any questions. We are Accredited Buyer’s Representative (ABR) and Seller Representative Specialist (SRS) and have the experience and local knowledge to help you in every step of the process. We can help you narrow down neighborhoods based on your priorities. We can also advise you on the market trends in your desired neighborhoods.
Open reports by clicking on links below:
Homes & Condos – January 2024 Report
Homes – January 2024 Report
Condo – January 2024 Report
Land – January 2024 Report
Note: The average sales price and the average days on market could be skewed greatly by only one sale or because of the small number of sales
Jan 31, 2024 | QA
Question: “If I am unsure if St. Croix is where I would like to buy, what would be helpful in making the decision?
Christie’s Answer: Travel + Leisure described St. Croix as a “true gem” with “laid-back character” (read the article here). To understand what it’s like to live on this beautiful island, we encourage you to talk to local residents. We would be happy to answer all of your questions about the island or island living. Since we’ve lived here 20 years, if we don’t have the answer, we know who to ask!
If you haven’t been to St. Croix before, come and take the first couple of days just driving around getting to know the island. It’s so diverse – from dry and arid on the east end, to lush tropical rainforest on the west end. We recommend that you stop to get lunch or a cold drink at different spots and talk with people. See if you like it!
Once we know what you are looking for, we can send you listings so that you can choose what you’d like to see. The more we know about what you want, the easier it is for us to help you find a great island home! If we don’t find what you’d like while you are here, we can work remotely by doing a video or FaceTime call. Or, if you want close up photos of certain things, we can do that, too. We have sold properties sight unseen. That’s where driving around the island learning about the different areas is really helpful.
First published on our January 2024 Newsletter
