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Rose City

Dan Contino
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Your Resource for Everything Real Estate
Dan Contino, Broker Associate of EXP Realty, Serving Stonington, Mystic, all of CT and Washington County RI is a Full-time ... see full details and contact information for Dan ... and maximize social media marketing. We even sell houses for other agents!
Dan has 5 recent and active property listings that range in price from $223,000 to $579,900 with the most recent sale on 2024-06-28 for $683,000.
Serving the areas of Groton, Colchester, Salem, Ledyard, Mystic, Gales Ferry, Baltic, Bozrah & Charlestown
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James San Giovanni
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Certified Residential Appraiser, Owner and Principal Broker of Harbors & Homes Real Estate & Appraisal Company.
James has 2 recent and active property listings that range in price from $850,000 to $899,900 with the most recent sale on 2023-10-16 for $810,000.
Serving the areas of Portsmouth, North Kingstown, Providence, Greenville, Bristol, Warwick, Chepachet, North Providence & Foster
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Pros:

1. Affordable Real Estate: Norwich has a lower cost of living than the national average, which means that real estate costs are relatively affordable.

2. Strong Rental Market: Norwich has a strong rental market, which makes it an attractive location for real estate investors looking for rental income.

3. Good Accessibility: Being located in southeastern Connecticut, Norwich has easy access to both Boston and New York City.

4. Good Employment Opportunities: Norwich is home to several large employers, including the William W. Backus Hospital, Yale New Haven Hospital and Electric Boat, which provides steady employment within the region.

Cons:

1. High Property Taxes: Norwich has high property taxes compared to the state average, which can make the cost of owning real estate in the area relatively expensive.

2. Economic Slowdown: While Norwich has a strong rental market and steady employment opportunities, the city has experienced economic struggles in recent years.

3. High Crime Rate: Norwich consistently ranks as a high crime area, which may make some buyers wary of investing in real estate in the city.

4. Education System: Norwich's education system has been criticized in recent years, which could impact families with school-aged children who are looking to buy a home in the area.