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Blog :: 2020

Eight Things to Know Before Moving to Rhode Island

  1. Country, City, or Coastal, You Can Have it All: The smallest state in the U.S. packs a lot of different living within its 1,212 square miles. Live in a cottage by the sea, on a working farm, on a pastoral expanse surrounded by ample private acres, in a Gilded Age mansion, in a Colonial Era home on the National Register of Historic Places chock full of centuries-old character, in a city, on a river overlooking a 19th century lighthouse, in a family-friendly neighborhood or in a luxurious high-rise condominium set within a private gated estate. Just about any setting can be found in Rhode Island. 

  2. Getting Anywhere Within Rhode Island Takes “About 45 Minutes:” At roughly 50 miles long and and 40 miles wide, getting from one corner of the state to the other can be done in under an hour’s time. 

  3. County Government Isn’t Here: Rhode Island has no county governing bodies. Instead, the state is divided into 39 municipalities, each having its own form of local government, which can make accessing property records, registering to vote, permitting, waste management, obtaining various licenses, recreational opportunities and other necessary pursuits a streamlined process. 

  4. Public Transportation is Rad: Don’t have your own vehicle or looking to reduce your carbon footprint? The Rhode Island Public Transit Authority provides public transportation, primarily via buses, around the entire state. Headed to Boston for business or pleasure? The MBTA Providence/Stoughton line has three stops in RI: Providence, T.F. Green Airport and Wickford Junction in North Kingston.

  5. Rhode Island Has Official (and Unofficial) Foods: The official state appetizer is calamari. The official drink is coffee milk. We also have stuffies -- a stuffing mixture packed with chopped clams, fresh herbs, onion, celery,  peppers and usually Portuguese linguiça -- packed into a quahog shell (the official state shell) and baked until golden brown. Del’s frozen lemonade, coffee cabinets (milkshakes made from coffee syrup, ice cream and milk), clam cakes, lobster rolls and Johnny cakes (thin cornmeal pancakes with crispy edges) are also our jam. And our “chowdah” is white, thick and creamy. Get used to it. 

  6. Residents Embrace a 58-Foot Long Termite on I-95: The Big Blue Bug, also known as Nibbles Woodaway, is a giant termite that sits atop the roof of New England Pest Control in Providence. They put illuminated antlers on him during the holiday season. It’s a thing. Don’t ask. 

  7. You Can Get a Lot of DMV Services Done at a AAA Office: A visit to the DMV in any state can be time consuming and frustrating. In Rhode Island though, new licenses and state IDs (and state conversions of either) require a visit to the DMV, but other services like license renewals and address changes, registration renewals, vanity plate orders and more can be done at a local AAA branch. 

  8. There’s Only One Area Code: Welcome to the 401. 

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    Best Places to Watch the Sunset in Rhode Island

    The country’s smallest state is big on extraordinary sunsets – ask any Rhode Islander and they’ll agree that the painted skies at day’s end are usually nothing short of magical. While most locals have their secret spots to watch the sun’s final salute, we’re going to let you in on some of our favorites:

    Van Zandt Pier at sunset

    Van Zandt Pier, Newport: This wooden pier that juts out into Newport Harbor lies in the shadow of the Newport Pell Bridge and overlooks a mooring field peppered with vessels big and small, offering a stunning milieu as the sun dips behind Jamestown. 

    Brenton Point State Park, Newport: You’ll have plenty of room to roam as all 89 acres of this southernmost tip of Aquidneck Island share sweeping views of the place where the Atlantic Ocean meets Narragansett Bay. 

    Rooftops of Newport: What’s better than a stunning sunset paired with a refreshing cocktail? Three rooftop decks in Newport are ideal for champagne under the stars: The Roof Deck at The Vanderbilt is a local favorite with comfy Adirondack chairs and a panoramic harbor vista, the newly renovated Top of Newport Bar + Kitchen at the Hotel Viking boasts loungy nooks for a chill but chic vibe, and the new rooftop patio at Stoneacre Garden captures the twinkling lights of downtown. (Insider’s scoop: the Rooftop at The Brenton Hotel will unveil its enviable view six stories above the harbor.)

    Beavertail State Park, Jamestown: Perched on the southern point of Conanicut Island, the second-largest island in Narragansett Bay, the rocky coastline and crashing waves only enhance the moment the sun dips into the horizon. 

    North Kingstown Town Beach, North Kingstown: Though east facing, the serene vista from this peaceful beach can be one of the best to soak in a colorful sky. 

    Wickford Harbor, North Kingstown: A quintessentially quaint coastal New England town (complete with Main Street), Wickford is home to The Kayak Centre which offers guided sunset paddles through the harbor – what a way to end the day! 

    Napatree Point Conservation Area, Westerly: This long sandy spit is home to an important bird nesting and migratory resting area, so bring the binoculars. Napatree Point extends 1.3 miles west into Little Narragansett Bay from Watch Hill with a stunning trail that’s accessible year-round. 

     

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      Navigating a Storm

      Below is an article Teri Degnan wrote for the May 2020 issue of Newport Neighbors

      Boats on the Ocean with a Grey Sky and Sunrays Poking Through

      Right now, we are navigating a storm that presents significant challenges, but we are doing it together. Teri Degnan Real Estate & Consulting, LTD is here to help you.  

       During this pandemic, we’ve been regularly asked:

      “How do I sell my home at this time?” 

      “I was waiting until the spring to buy a home. Is it still a good time?”

      Let’s take things one at a time. First: yes, homes are still selling. Whether for personal or professional reasons, people still need to relocate, even in this uncertain climate. When needed, our team has been using alternatives to the traditional in-home selling consultation by “meeting” with potential sellers via video conferencing. With the simple use of your phone, tablet or laptop, we can discuss your needs “face to face.” Moving forward, we’ll introduce your property to our network of trusted real estate colleagues.  We have an established vetting process that will bring only serious potential buyers to the table. As for showings, we can do these on an individualized by-appointment-only basis and will do so compliant with CDC recommended protocols. We can also use video conferencing to conduct live virtual tours so we can answer questions in real-time. With a tried and true digital marketing strategy in place, we are able to showcase your home to potential buyers as beautifully and safely as possible. We are ready and experienced at this approach, and we’ve deployed these strategies before, mostly with military buyers who may be overseas and planning for their next assignment in our area.

      Next, whether you’re currently looking to buy a home or if you have been considering it, we know it has been a challenging time as we have all watched mortgage rates rollercoaster amid the coronavirus emergency. We are seeing disruptions across all financial markets including real estate, and we understand volatility can be unsettling. In March, the Federal Reserve sought to bring some stability to the market by introducing low-interest rates. We monitor these influencers every day. It is still a good time to buy! We’re here to guide you through the home buying process whether you need to make a decision sight unseen or if you just prefer to do your site tour virtually. Again, by implementing our digital tools, we can help bring a home to you.

      Finally, when looking to buy, empower yourself. Research federal and state down payment assistance programs and identity what kind of loan works best for your budget and goals – there are more mortgage products out there than ever before. If you know what is going to work for your specific situation, Teri Degnan Real Estate & Consulting, LTD can cut through the clutter and lead you to the best resources. 

      When it comes to logistics, we can use electronic signatures more often than not. On documents that require original notarized signatures, we can help facilitate this with your closing attorney or by a local notary and overnight mail. Several of us here at Teri Degnan Real Estate & Consulting, LTD are, in fact, notaries too.  

      Our philosophy at Teri Degnan Real Estate & Consulting, LTD has long been to work alongside our clients by making fact-based, well-researched decisions that make your buying, selling or renting experience one you can feel confident about. We look forward to working with you.   

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      Oceanfront home in Little Compton sells for $2.79 million

      It marks the highest single-family transaction in Little Compton this year.

      Teri Degnan Real Estate & Consulting LTD announced Thursday the sale of 101 Round Pond Road in Little Compton for $2.79 million.

      It marks the highest single-family transaction in Little Compton this year, according to data available from Rhode Island Statewide Multiple Listing Service. The sellers were represented by Tim Dargan, sales associate at Teri Degnan.

      The seven-bedroom oceanfront cottage is situated on just over an acre of land and offers unobstructed panoramic water views. Just steps from private Tappens Beach and enveloped by saltwater breezes with captivating vistas from every room, the nearly century-old cottage is ready to be restored and reinvented.

      “This property is truly one of a kind, offering 458 feet of ocean frontage, ample privacy and unparalleled views,” said Teri Degnan, owner of the brokerage. “Its sale demonstrates the continuing demand for premier waterfront property in Rhode Island and specifically, Newport County.”

      The buyer of the home was represented by Victor Pereira of Residential Properties, Ltd., in Providence.

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      A Trusted Professional for Your Real Estate Needs

      In June of 2012, Teri Degnan Real Estate & Consulting, LTD became a reality for the woman whose name the company bears, Teri Degnan. A real estate agent since 2003, Teri has worked diligently to build a solid reputation for herself and name recognition in the industry. Today, she is the principal of a full service agency with expertise in residential and commercial sales and rentals.

      Prior to her career in real estate, Teri had been working as a business professional within the corporate and financial sectors. She is a licensed attorney ... 

      See the full post here 

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      Newport carriage house sold for $7M

      NEWPORT – A former carriage house for a grand estate in Newport has sold for $6.99 million, according to Teri Degnan Real Estate & Consulting Ltd., which represented the buyer. The property at 294 Ocean Ave., called "The Playhouse" is located on the edge of Price’s Neck Cove, according to Degnan, who said her clients…

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