Vermont Real Estate - The Independent State
Vermont has always been a state sticking to independent
principles. Tucked away in the Northeast, Vermont real estate is
a very good deal.
Vermont
>From the first day of existence, Vermont has always had a major
independent streak. The first state to outlaw slavery, Vermont
actually refused to join other states in the formation of the
United States. Eventually becoming the fourteenth state in the
Union, Vermont maintains a strong independent streak with the
first same sex marriage laws, the only socialist party Senator
in Congress and laws severely limiting the use of billboard
advertising. Overall, Vermont is a state where strong community
values are expressed and privacy is appreciated.
Burlington
Located on the shores of Lake Champlain, Burlington is the
biggest city in Vermont with a population of roughly 45,000.
Located close to Montreal, Canada, the city has an odd, charming
Canadian atmosphere, but with an interesting catch. The city is
also the home to the University of Vermont, which carries with
it a strong college influence. This mix gives the city a unique
feel with development being restricted and walking spaces and
parks favored over mass housing developments. As with all cities
in the Northeast, the onset of fall turns Burlington in a city
bursting with colors.
Stowe
Stowe is a small town in Vermont, but I have to mention it.
Located in forested, rolling hills, Stowe is the single best
place to watch the leaves turn in fall in the United States. To
say there is a burst of color is to understate the situation
completely. It is simply amazing, so much so that I recommend it
for people keeping a list of 100 things they want to do in their
life.
The town of Stowe is a classic, historic Northeastern location.
The center of the town is a historic village and, frankly, the
place you should try to live. Due to its location next to a
major ski resort, the town has seen an explosion of condos and
less interesting housing around the perimeter. Still, Stowe is
definitely a place worth considering in the Northeast.
Vermont Real Estate
Vermont real estate prices are very reasonable in relation to
the state surrounding it. A single-family residence in
Burlington will run $335,000 on average, a price generally found
throughout the state.
With such reasonable real estate prices, one might think the
appreciation rate in Vermont is modest. In truth, property
appreciated at a rather surprising 15 percent in 2005.