Browse a variety of homes for sale in Barrington, RI with Robert Rutley.
The Barrington housing market is very competitive. The median sale price of a home in Barrington was $767K last month, up 42.1% since last year. The median sale price per square foot in Barrington is $343, up 21.2% since last year.
Median Sale Price
# of Homes Sold
Median Days on Market
A Guide To
In Providence, RI
Barrington, RI is a charming coastal town with a friendly community, diverse dining options, excellent educational institutions, and a range of housing choices. If you're interested in Barrington, RI real estate for sale, the combination of coastal beauty and community spirit make it a wonderful place to call home for those seeking the quintessential New England lifestyle.
Search for top amenities in each area and learn more about the history, schools, neighborhoods, attractions, and Barrington, RI houses for sale in the map-based guide by Robert Rutley.
Nestled along the eastern shore of Rhode Island, Barrington is a picturesque coastal town known for its stunning waterfront views and New England charm. Located just 7 miles southeast of Providence, Barrington offers a peaceful suburban setting while providing easy access to the capital city and other nearby communities.
Barrington boasts a close-knit and welcoming community. Residents take pride in their town's rich history and strong sense of civic engagement. The community often comes together for local events, festivals, and volunteer activities, creating a warm and inclusive atmosphere where neighbors quickly become friends.
Barrington offers a diverse dining scene with a mix of culinary options. You can enjoy fresh seafood, classic American fare, and international cuisine at various restaurants and cafes. Popular dining spots include The Daily Scoop, Bluewater Bar + Grill, and a variety of charming local eateries. Barrington's dining establishments cater to a range of tastes and preferences.
Families in Barrington have access to top-notch educational institutions. Barrington Public Schools are highly regarded for their quality education, and Barrington High School consistently ranks among the best in Rhode Island. Additionally, there are private and parochial schools in the area, offering educational choices to suit individual preferences.
Barrington, RI real estate for sale offers a variety of housing options, from historic colonial homes to modern waterfront properties. The town's residential neighborhoods are known for their tree-lined streets and well-maintained properties. Housing prices can vary depending on size, location, and features, making Barrington accessible to a range of buyers. Working with a local realtor who knows the Barrington market is advisable to find the perfect home.
Getting around Barrington is convenient, with access to major roadways and public transportation options. Routes 114 and 103 run through the town, connecting residents to nearby communities and providing easy access to Providence. Additionally, the Rhode Island Public Transit Authority (RIPTA) offers bus services for commuting to Providence and other areas in the state.
A Comparative Market Analysis (CMA) is a tool used by real estate agents to value a home. It evaluates similar homes that have recently sold in the same area. Agents find comparable sales and use them to conduct a sales comparison. In most cases, an agent will find three homes that have recently sold and are as similar to and located as close to the home being valued as possible. Each one is then analyzed to pinpoint differences between it and the home being valued. Once these differences are priced out, the price of each comp is adjusted to see what it would cost if it was identical to the home being valued were it to be sold in the current market.
An appraisal is an unbiased valuation of a home based on a professional’s opinion. They are usually what mortgage companies use for home purchases and refinances. A lender usually orders a home appraisal and the cost of the appraisal, sometimes up to $500, is paid by the homeowner. An appraiser does a complete visual inspection of the interior and exterior of the home as well as taking into consideration recent sales of similar properties and market trends. The appraiser then compiles a detailed report on the home, including an exterior building sketch, a street map showing the home and any comparable sales, photos of the home and street, an explanation of how the square footage was calculated, and any other relevant information.
Lenders base the amount of their loans on the value of your property and usually allow you to borrow a maximum of 75% to 96.5% against your property. Knowing what your home is worth allows lenders to calculate your equity in the home. The more equity you have, the better terms you will receive on your refinance.
If you’re doing home improvement projects to increase the resale value, you want to make sure you’re not pricing it out of the market. If your home is already priced on the high-end for your neighborhood, making too many improvements could make it more difficult to sell. When you get a valuation, you can see how your home compares with others in the neighborhood and let this guide your home improvement decisions.
If you want to borrow cash against your home, getting a Home Equity Line of Credit (HELOC) could be a good option. To qualify, you must have a certain level of equity in your home. Most lenders require at least 20%. Getting a home valuation will help you determine if you qualify and will be used by the lender to make a decision on your loan.
Though it’s not a necessity, simply knowing the value of your home is good information to have. It will help you plan for the future and deal with unforeseen circumstances when you might be in a position that requires extra money or a quick relocation. Knowing how much equity you have in your home and how much you may be able to borrow against it or sell it for will help you respond to any financial curveballs that life throws at you.
My goal is to make your home sale or purchase simple, seamless, and complete by utilizing a full network of high-quality, real estate-savvy resources. Contact me for a confidential discussion on your real estate goals.
