Welcome to Vulcan
Vulcan's Starship Enterprise
Thursday, August 25, 2011
Do you like Chocolate?
The Kronos Chocolate Factory, featuring Chocolatier Michael Roloff is in the Vulcan Bakery August 25, 26, and 27th from 9 AM to 5 PM. Come and see what the "Poet of Chocolate" can do!
Saturday, August 20, 2011
What is the market like in Vulcan?
Here are a few tidbits about the Vulcan real estate market:
There are perhaps 1 or two houses per month that sell in Vulcan that are over the $200,000 mark. For those people who are trying to sell above $200,000, they are in for a challenge. The Town of Vulcan needs more industry coming in, more businesses, which will mean more jobs. Right now, it seems like those buying in Vulcan are seniors coming in off the farm, looking for a place to retire, or farmers looking for a place for their hired help. Sure, there are a few buyers in other industries (retail, industrial, service industry), but they seem to be few and far between. Not many of them are in the $200,000 plus range for properties. Of course, some of these properties should definitely be in that price range, if not more, but there just is not the demand for it right now. Even below that price level, this is little action. I say this not to speak of doom and gloom. The market will turn around, and I know that Vulcan is looking to attract more industry. I would even guess that many of us will be kicking ourselves in a few years, wishing that we had bought and extra property or two "when prices were so cheap". However, that is in a couple years down the road. That is not today. Just something to keep in mind...
There are perhaps 1 or two houses per month that sell in Vulcan that are over the $200,000 mark. For those people who are trying to sell above $200,000, they are in for a challenge. The Town of Vulcan needs more industry coming in, more businesses, which will mean more jobs. Right now, it seems like those buying in Vulcan are seniors coming in off the farm, looking for a place to retire, or farmers looking for a place for their hired help. Sure, there are a few buyers in other industries (retail, industrial, service industry), but they seem to be few and far between. Not many of them are in the $200,000 plus range for properties. Of course, some of these properties should definitely be in that price range, if not more, but there just is not the demand for it right now. Even below that price level, this is little action. I say this not to speak of doom and gloom. The market will turn around, and I know that Vulcan is looking to attract more industry. I would even guess that many of us will be kicking ourselves in a few years, wishing that we had bought and extra property or two "when prices were so cheap". However, that is in a couple years down the road. That is not today. Just something to keep in mind...
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