Category Archives: Calcagni Real Estate

Calcagni Agents Tour Downtown New Haven Project – College & Crown

More than 100 REALTORS from Calcagni Real Estate were given a private tour of the construction site known as College & Crown in the heart of downtown New Haven.

Calcagni Real Estate was chosen by the site’s developer, Connecticut based Centerplan Development Company as College & Crown’s exclusive leasing broker for its 160 luxury apartment rentals, which range from studios to two-bedroom units. In addition to top-of-the-line finishes in each apartment, College & Crown residents will enjoy luxurious amenities including two private rooftop courtyards, state-of-the-art fitness center, exclusive underground parking, as well as convenient access to the 20,000 sq. ft. of retail space on the ground floor, which Centerplan is expected to fill with prime dining and shopping boutiques to compliment New Haven’s eclectic cultural scene.

College & Crown is expected to open in Summer 2015. Apartment leasing will be handled out of Calcagni’s new Leasing Office which will open this month. It is conveniently located at 195 College Street, directly across from the College & Crown complex.

To request more information please visit http://www.collegeandcrown.com

NEW RESIDENTIAL COMMUNITY OPENS IN WOLCOTT, CT

Heritage Hill offers a quiet haven in the heart of it all!
4-model collage

Wolcott, CT – (May 8, 2014) – Oris Development, the creator of Heritage Hill, a 63-home subdivision off Rte. 69, announced today the opening of its new residential community. Offering a mix of 2 and 3 bedroom home styles, all with first floor bedrooms or master suites, Heritage Hill (HHWolcott.com) is a perfect choice for first time, move-up and empty nesters with prices starting at just $259,900.
Quietly set on a hillside with distant views of the Connecticut countryside, Heritage Hill is surprisingly accessible to shopping, services, and major highways with Rtes. 84 and 8 just minutes away. Wolcott’s nearby Woodtick Recreation Area offers swimming and other outdoor activities plus a pavilion for family and friends to gather.
According to Rob Oris, President of Oris Development, Heritage Hill is amenity rich. “These homes” continued Oris, “are truly representative of what sophisticated buyers expect in today’s market.” Many of the homes have Great Rooms with fireplaces, hardwood flooring in public areas, ceramic tile in baths and mudrooms, 9-foot ceilings on the first floor, plus premium finishes like granite countertops and hardwood cabinetry. And each home offers energy savings with high efficiency, natural gas forced warm air heat and central air, in addition to energy star rated vinyl clad windows with low E glass.

The principals of Heritage Hill have almost 60 years of combined experience in the field of real estate development and home building. With approximately 1,000 homes built through various affiliates, Heritage Hill has the expertise to make your dream a reality.

Grand Opening Weekend!
Model open:
Friday, May 9th, 4 – 7 PM
Saturday, May 10th, 12 – 3 PM
Sunday, May 11th, 1 – 3 PM

Contact Calcagni Real Estate at 203-272-1821 for more information.

CALCAGNI COMMERCIAL HELPS EVERYBODY’S MARKET INK DEAL WITH BIG Y

(photo courtesy of Everybody's Market)

(Photo courtesy of Everybody’s Market)

FOR IMMEDIATE RELEASE

April 25, 2014 | Cheshire, CTCalcagni Commercial and Everybody’s Market, both family- owned businesses in Cheshire, today announced the closing of a deal with Big Y Foods, Inc. that will transform Everybody’s Market into Big Y’s Everybody’s Market in the grocery store’s current location at 1021 South Main Street beginning in July 2014.

In talking with Big Y’s real estate manager more than one year ago, the Calcagni Commercial team learned the grocery store chain desired to have a presence in the Cheshire community.

Almost immediately, we thought of Everybody’s Market,” says Ralph Lewis, vice president of Calcagni Commercial. “They’re a family business that has had tremendous success delivering high quality products to high-end consumers. And they’ve done that all these years while remaining true to their core values: accountability; strong relationships, honesty, treating customers like family, and hard work.”

Confident in the potential for productive dialogue between Big Y and Everybody’s, Calcagni introduced the two families. For Sam Morris of Everybody’s, bringing in Big Y made perfect sense.

 “Ever since my late father, Irv Morris who passed away in 2012, brought Everybody’s back to Cheshire in the 1990’s, we’ve been dedicated to building strong, long-term relationships with our neighbors by selling high-quality local and natural produce, meats, seafood, and groceries,” says Sam Morris. “It was my dad who laid the foundation for all our success to date and made it possible for us to explore this unique opportunity with Big Y. We are two companies that have the same family values at our core, and I think Big Y is going to be a great addition to our Cheshire community.”

Morris informed Everybody’s management of the deal this morning. Management then spent the day sharing the news with employees.

Big Y will handle hiring for the new store. On its website, Big Y announced the April 29, 2014 opening of a hiring site for Big Y’s Everybody’s Market at 1029 South Main Street in Cheshire.

About Calcagni Commercial

Led by vice president Ralph Lewis, Calcagni Commercial’s specialized real estate team has the expertise to create value as opposed to take advantage of the moment, providing clients with perspective on past events and current trends as well as insight into market changes and coming opportunities. This combination of experience and vision uniquely lends itself to making highly valuable real estate decisions. Calcagni Commercial offers brokerage, development, and entitlement services. For more information, please visit http://www.calcagni.com/commercial or call 203-272-1821.

Calcagni New Agent Spotlight: Redi Dishnica

Calcagni Real Estate President Steven Calcagni recently announced the appointment of residential sales agent Redi Dishnica to the company’s Cheshire office.

RediDishnica_homepage

Redi Dishnica, REALTOR

Redi is a full time REALTOR who specializes in seller and buyer representation, assisting first-time home buyers, new construction, and rentals. He is a member of the Greater New Haven Association of Realtors, Connecticut Association of Realtors, and National Association of Realtors.

We are happy to welcome Redi to our Cheshire Office,” said Steven Calcagni.

Redi is proud to call Cheshire home, where he lives with his wife and kids. He has owned a construction and remodeling company for the past 15 years, and is very excited to expand his career in real estate, utilizing the tools and the supportive work environment which Calcagni Real Estate offers. Redi hopes to use his knowledge and experience in new construction and home remodeling to help serve his real estate clients.

He may be reached at Calcagni Real Estate’s office located 330 South Main Street by calling (203) 272-1821 Ext. 310 or by visiting http://www.calcagni.com/RediDishnica

New Homes are Less Expensive to Maintain

new home

April is new homes month. And one of the virtues of a newly constructed home is the savings that come from reduced energy and maintenance expenses.

In a previous analysis, we used data from the 2009 American Housing Survey (AHS) to offer proof. The AHS classifies new construction as homes no more than four years old.

For routine maintenance expenses, 26 percent of all homeowners spent $100 or more a month on various upkeep costs. However, only 11 percent of owners of newly constructed homes spent this amount. In fact, 73 percent of new homeowners spent less than $25 a month on routine maintenance costs.

Similar findings are available for energy expenses. According to the 2011 AHS, on a median per square foot basis, homeowners spent 81 cents per square foot per year on electricity. Owners of new homes spent less: 68 cents per square foot per year. For homes with piped gas, homeowners spent on average 50 cents per square foot per year. Owners of new homes spent just 34 cents per square foot per year.

The 2011 data show similar results for various other utilities. For water bills, homeowners averaged 28 cents per square foot per year, while owners of new homes averaged 22 cents. For trash bills, the median for all homeowners was 15 cents per square foot per year, while for new construction the median was 13 cents per square foot per year.

These data highlight that a new home offers savings over the life of ownership due to reduced operating costs. And in fact, these reduced costs result in lower insurance bills as well. The median cost for all homeowners of property insurance is 39 cents per square foot, while it is only 31 cents per square foot for owners of new homes.

These reduced expenditures represent one of the many reasons that the current system of appraisals needs updating to reflect the flow of benefits that come from features in a new home.

For more information about purchasing a newly constructed home, please visit http://www.calcagni.com/newconstruction

Reprinted with permission from RISMedia. ©2014. All rights reserved.

Calcagni New Agent Spotlight: Jim Bulger

Calcagni Real Estate President Steven Calcagni recently announced the appointment of residential sales agent JIM BULGER to the company’s Cheshire office.

James Bulger Calcagni Associates Real Estate

Jim Bulger, REALTOR

Jim is a full time REALTOR who specializes in seller and buyer representation, assisting first-time homebuyers, new construction, and rentals. He is a member of the Greater New Haven Association of Realtors, Connecticut Association of Realtors, and National Association of Realtors. “We’re thrilled to have Jim join our team,” said Steven Calcagni, “He is a great addition to our Cheshire office.”

Jim is a proud to call Cheshire home, where he lives with his wife and two kids, and recently retired from a long and successful career as a correctional officer for the state of Connecticut. He is very excited to begin his career in real estate, utilizing the tools and the supportive work environment which Calcagni Real Estate offers.

Jim is available to serve all your real estate needs throughout the Central Connecticut area and beyond. He may be reached at Calcagni Real Estate’s office located at 330 South Main Street, by calling (203) 272-1821 Ext. 334 or 203-228-3461 or by visiting: http://www.calcagni.com/JimBulger

How Landscaping Can Impact Your Home’s Value

Landscape

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, advises homeowners to properly maintain their landscaping, which can significantly affect property values.

“If a landscaping change is positive, it can often enhance price and reduce a home’s time on the market,” said Appraisal Institute President Richard L. Borges II, MAI, SRA. “But if the change is negative, it can lower the price and lengthen the time a home remains for sale.”

Curb appeal is essential when selling a home, Borges said, noting it’s the homeowner’s opportunity to make a great first impression. A home with lackluster landscaping or an exterior in desperate need of a fresh coat of paint will likely be unappealing to prospective buyers and ultimately could affect the home’s potential resale value, he said.

Landscaping is typically associated with lawns, trees, bushes and flowers. But other items also can be considered part of landscaping, such as fire pits, decks, patios, waterfalls, swimming pools and outdoor lighting, all of which could add to the value of the home.

Borges added that homeowners should trim growth regularly, replant approximately every 5 to 10 years depending on growth and not “overwhelm” the house. He also advised that homeowners check out what their neighbors have done and keep landscaping maintenance and improvements on par with neighborhood norms.

According to the International Association of Certified Home Inspectors, trees that are too close to buildings may be fire hazards. Additionally, larger tree root systems that extend underneath a house can cause foundation uplift and can leech water from the soil beneath foundations, causing the structures to settle and sink unevenly.

According to a recent study conducted by Lawn & Landscape magazine, about two-thirds of homeowners say they’ll get less than 60 percent of their landscaping investment back when they sell the home.

“Landscaping improvements could make an impact on resale value, and homeowners need to consider how long they’ll be in the home and whether to make short-term updates or plan for the long haul,” Borges said.

Borges said homeowners should ask themselves the following questions when it comes to the quality of their home’s green space:

• Is the landscaping attractive enough to make the prospective buyer walk through the front door? Keep the design contemporary and in line with comparable properties in the area.
• Could the landscaping provide cost savings? Landscaping that requires little or no water to maintain could be desirable depending on the geographic area.
• Is the landscaping energy-efficient for the home overall? For example, it’s a good idea to plant trees in a place where they block the sun in locations with year-round hot climates.
• Are the trees planted at a safe distance from the home and are they healthy and well maintained? Weak, old or damaged trees planted too close to a home or building could pose dangers to the home’s structure and will need to be removed. Consumers should also be sure that mulching or beds don’t get too close to wood around foundations to avoid wood-destroying organisms.

For more information on your home’s value, please contact one of our real estate experts at www.calcagni.com

Source: Appraisal Institute

Reprinted with permission from RISMedia. ©2014. All rights reserved.