Government house announced that money has been secured for renovations to the Elaine I. Sprauve Library and Museum.
The renovations call for adapting the building for air conditioning, examination of electrical wiring and shelving among other things. The architect, Spenser Brown is putting together a package for submission to DPNR and hopes the project will […]

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Filed under: Local News and Events

Activity between 1/1/2006 & 12/31/2006 compared with activity between 1/1/2005 & 12/31/2005�
               Number Sold       Sold Volume                Average Sale Price          Median
Sale Price

Area
2005
2006
PCT
2005
2006
PCT
2005
2006
PCT
2005
2006
PCT

Coral
Bay
28
12
-57
12,790,510
4,115,000
-67
456,803
342,916
-24
369,375
312,000
-15

Cruz
Bay
25
24
-4
12,920,900
11,214,533
-13
516,836
467,272
-9
475,000
405,000
-14

East End
7
5
-28
6,875,000
3,717,500
-45
982,142
743,500
-24
550,000
800,000
+45

Maho
Bay
3
2
-33
4,150,000
3,750,000
-9
1,383,333
1,875,000
+35
1,450,000
1,875,000
+29

Reef
Bay
5
6
+20
1,370,000
1,514,000
+10
274,000
252,333
-7
205,000
240,000
+17

Totals
68
49
-28
38,106,410
24,311,033
-36
560,388
496,144
-11
407,500
389,000
-5

SPACER
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Grand
Totals
68
49
-28
38,106,410
24,311,033
-36
560,388
496,144
-11
407,500
389,000
-5

For the past week I have been trying to make sense of this revaluation, having seen the assessment details on properties owned by several friends as well as my own. My  husband and I purchased […]

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Filed under: General, Market Trends

Take a step back in time and enjoy a rare beauty found in this classic island home known as “Caribsurf”. Originally the home of one of St. John’s first doctors and built circa 1950, the structure has evolved over time whereas the one-of-a-kind waterfront setting has changed little. Relax on the cool covered gallery to the […]

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Filed under: New Listings

Let me introduce you to a new listing. “The Castle” is a one-of-a-kind property with a startling vista that few homes can match. Situated on the ridge top in a secluded enclave bordering National Park lands, this two bedroom villa was lovingly hand-built by the designer over eight years. Since it’s completion in 1995 this treasure has […]

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Filed under: New Listings

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A great deal for the savvy buyer right now is EbbTide, a waterfront, masonry home on Chocolate Hole Bay.  It was listed in Jan. 2007 for $2.75M and was reduce for a quick sale in April to $1.95.  It was contracted right away at the new price but the sale fell through  so the house is back on the […]

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Filed under: New Listings

For those of you who received your preliminary property tax value and didn’t suffer a major coronary event, relax these are preliminary property values before actual bills are issued. The amount of tax due cannot be estimated until a millage rate is set and the Administration is going to recommend a lower tax rate to […]

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Filed under: General