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Foreclosures in Addison, VT

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Living in Addison, VT

Addison is a serene rural town located by Lake Champlain in Vermont, known for its scenic beauty and strong community. It offers various outdoor activities and a rich historical backdrop. The area boasts quality educational institutions while remaining close to urban amenities, making it an inviting place for families and investors alike.

Current Market Conditions in Addison, VT

The real estate market in Addison is currently stable, with a steady demand for homes driven by families seeking a peaceful lifestyle and investors looking for profitable opportunities. The average home price has seen gradual appreciation, indicating a healthy market trend, while inventory levels remain manageable.

As more people discover the charm of Addison, there is potential for growth in property values. Many investors are capitalizing on the area's appeal to newcomers while ensuring they maintain the unique characteristics that make Addison a desirable place to live.

Home Value Estimator For Addison, VT

There are currently 569 real estate properties in Addison, VT, with a median automated valuation model (AVM) price of $434,650.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Addison, VT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Addison, VT, is $550,043.00, with the most expensive house in Addison, VT, topping out at $8,312,382.00 and the cheapest home in Addison, VT, clocking in at $13,491.00. In other words, there’s something for every potential homebuyer or savvy investor in Addison, VT!

Rent Prices In Addison, VT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Addison, VT, is on a rollercoaster ride. The average rent price in Addison, VT, is $1,480.00. Indeed, when looking to rent in Addison, VT, you can expect to pay as little as $1,140.00 or as much as $2,270.00, with the average rent median estimated to be $1,440.00. The good news is that finding an affordable and desirable property to rent in Addison, VT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Addison, VT Foreclosures


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