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General Information From the Dept. of Consumer Protection: A Buyer’s agent represents the interests of the buyer in a real estate transaction. The Buyer’s agent’s responsibilities to the buyer are: undivided loyalty, obedience, diligence, disclosure, confidentiality, accounting, and reasonable skill and care. All duties are fiduciary — they are owed exclusively to the buyer – NOT to the seller. Learn More
A town in the New Haven county of Connecticut, Southbury is a combination of rural, historic and suburban areas. There is no other place called Southbury in the whole of America which is why it is called Unica Unaque in the town seal.
Originally a part of the town of Woodbury after the latter’s settlement in 1673, Southbury was incorporated in 1845 as part of the Litchfield county. It then became a part of the New Haven County. The Housatonic River and Pomperaug River provided the power source in the 19th century for industrial growth. Various tanneries, mills and distilleries were set up in this town during that time.
The town has a Russian connection- an artists’ colony was founded by Ilya Tolstoy and George Grebenschikoff in this town in the 1920s. Southbury was never a major business or industrial town. However, after the creation of the Interstate Highway Network, it became conveniently connected to the highway. It formed a connecting link between various business centers. Travelers passed through this two which led to the creation of a railway stop here.
In the modern times, Southbury is an industrial center in its own right. This change came about in the 19th century when industries powered by the water sources sprang up near the rivers. At present, the development of Southbury has been made possible with the help of new roads, hydroelectric dams and the automobile industry. The town is well-connected with New York, Danbury, Hartford and Waterbury.
The Heritage Village, which is built on 1000 acres is a part of Southbury, Connecticut. IBM has opened a research building and office in this town which has provided employment to more than 2,500 people. Currently the downtown area is the commercial section and the other part is residential and farm area.
If you want to buy a home in Southbury, Connecticut, here are some more points which you can keep in mind:
– The population of the town is 19,675 people.
– The median residential property value is $269,200 and the property prices are on the rise. This is a good time to buy a property in Southbury.
– The unemployment rate is 5.7% which is just a bit higher than the national average. However, the job prospects are increasing every year.
– The cost of living in this town is 29% higher than the US average.
In case you are ready to invest in a home in Southbury, Connecticut, call Connecticut Real Estate & Investment without further delay.
- Exclusive representation to buyers in every deal.
- Access to a wide range of residential properties through an advanced search portal.
- Best property deals with relentless negotiation.
- Expert guidance in property purchase.
- Renovation solutions to increase property value.
Call Connecticut Real Estate & Investment today!