Nestled in the heart of Rhode Island, the address 74 Tiffany Rd, Coventry, RI, represents more than just a property; it embodies a lifestyle sought after by many. This charming single-family home, recently sold, stands as a testament to the enduring appeal of lakeside living in one of Coventry's most desirable locations. From its classic architecture to its prime position near Tiogue Lake, every aspect of this residence speaks to comfort, community, and the serene beauty of the Rhode Island landscape.
For those dreaming of a tranquil escape without sacrificing convenience, homes like 74 Tiffany Road offer an ideal balance. Whether you're a prospective buyer keeping an eye on the market, a curious neighbor, or simply someone who appreciates the unique charm of New England real estate, understanding the details of this particular property provides valuable insights into the local market dynamics and the allure of the Tiogue Lake area. Let's take a closer look at what makes this address so special and why it continues to capture the imagination of those seeking their perfect home.
Table of Contents
- Unveiling 74 Tiffany Rd, Coventry, RI: A Gem by Tiogue Lake
- Property Snapshot: What Makes 74 Tiffany Rd Stand Out?
- The Allure of Lake Living: Tiogue Lake and Beyond
- Exploring the Neighborhood: Tiffany Road Community
- Understanding Property Valuation: What Drives Prices on Tiffany Road?
- The Home Buying Journey: Navigating the Coventry Real Estate Market
- Why Coventry, RI? A Look at the Broader Appeal
- Is 74 Tiffany Rd Your Next Dream Home?
Unveiling 74 Tiffany Rd, Coventry, RI: A Gem by Tiogue Lake
The picturesque setting of Coventry, Rhode Island, is home to a myriad of charming properties, but few capture the essence of idyllic living quite like those gracing the shores of Tiogue Lake. Among these, 74 Tiffany Rd, Coventry, RI, stands out as a prime example of the region's coveted real estate. This single-family residence, recently off the market, offers a glimpse into the lifestyle that draws so many to this serene corner of Kent County.
The phrase "lake living is calling" perfectly encapsulates the spirit of this address. Imagine waking up to the tranquil views of the water, spending afternoons boating or fishing, and evenings enjoying the peaceful ambiance of a lakeside sunset. This property isn't just a house; it's an invitation to embrace a life where nature's beauty is an everyday luxury. Its location in one of Tiogue Lake's most desirable areas ensures not only stunning vistas but also convenient access to recreational activities and a tight-knit community atmosphere. While it's currently not for sale, its recent transaction history and detailed features offer valuable insights for anyone interested in the Coventry real estate market.
Property Snapshot: What Makes 74 Tiffany Rd Stand Out?
To truly appreciate the value and appeal of 74 Tiffany Rd, Coventry, RI, it's essential to delve into its specific characteristics. Every detail, from its architectural style to its recent sale price, contributes to its story and market standing.
Architectural Style and Year Built
Built in 1974, this single-family home boasts a classic Colonial architectural style. Colonial homes are renowned for their timeless appeal, symmetrical design, and practical layouts, making them a popular choice for families seeking both elegance and functionality. The construction year, 1974, places it within an era known for solid building practices, often featuring sturdy foundations and traditional craftsmanship. While built decades ago, such homes frequently undergo updates and renovations, blending historical charm with modern amenities, ensuring they remain relevant and comfortable for contemporary living.
Spacious Living: Beds, Baths, and Square Footage
The property at 74 Tiffany Road offers generous living space, spanning 2,500 square feet. This substantial footprint accommodates a comfortable and versatile layout, typically featuring three bedrooms and either 2.5 or 3 total baths. The presence of multiple bathrooms, including a half-bath, adds significant convenience for families and guests. A 2,500 sq ft home provides ample room for various living arrangements, whether it's dedicated home offices, playrooms, or spacious common areas for entertaining. This size is often considered ideal for a growing family or those who simply desire more room to spread out and enjoy their personal space.
Recent Transaction History: A Look at the Last Sale
One of the most telling indicators of a property's market value is its recent sales history. 74 Tiffany Rd, Coventry, RI, was last sold on July 22, 2024, for a significant sum of $748,900. This sale price reflects the strong demand for homes in this desirable location, particularly those offering lake access or views. Interestingly, the property was on the market for 321 days prior to its sale, indicating that while it commanded a premium price, it took some time to find the right buyer. This extended market period could be attributed to various factors, including specific market conditions at the time, unique features requiring a niche buyer, or strategic pricing adjustments. The final sale price, however, clearly demonstrates the property's inherent value and the robust nature of the Coventry real estate market, especially for lakefront or near-lake properties.
The Allure of Lake Living: Tiogue Lake and Beyond
The phrase "lake living is calling" is not merely a marketing slogan when it comes to properties like 74 Tiffany Rd, Coventry, RI. It speaks to a deeply desirable lifestyle that transcends the boundaries of the home itself. Tiogue Lake, a prominent feature of the Coventry landscape, offers an abundance of recreational opportunities and a unique sense of community that greatly enhances property values in its vicinity.
Imagine the ease of launching a kayak or paddleboard directly from a nearby access point, spending leisurely afternoons fishing for bass or perch, or simply enjoying the calming presence of water. Lake living isn't just about water sports; it's about the peaceful mornings, the vibrant sunsets, and the distinct sense of tranquility that comes with being close to nature. For families, it means endless summer days filled with swimming and boating, creating cherished memories right outside their doorstep. For individuals, it offers a serene retreat from the hustle and bustle of daily life, a place where one can unwind and recharge amidst natural beauty.
Beyond the immediate recreational benefits, living near Tiogue Lake often fosters a strong community spirit. Lakeside neighborhoods frequently host informal gatherings, boat parades, and shared activities that bring residents together. This sense of belonging and shared appreciation for the natural environment adds an intangible, yet significant, layer of value to properties in the area. The lifestyle offered by 74 Tiffany Road is one of connection – to nature, to recreation, and to a welcoming community that cherishes its unique lakeside setting.
Exploring the Neighborhood: Tiffany Road Community
A home's value and appeal are not solely defined by its four walls; the surrounding neighborhood plays an equally crucial role. Tiffany Road in Coventry, Rhode Island, is a vibrant and established community, and understanding its dynamics provides a broader context for properties like 74 Tiffany Rd, Coventry, RI.
A Glimpse at Neighboring Properties and Their Value Trends
Tiffany Road is characterized by a diverse mix of single-family homes, each contributing to the street's unique character and reflecting various price points and architectural styles. For instance, just down the road at 76 Tiffany Rd, a single-family home built in 2020, with 2,185 sq ft, 2 beds, and 3 baths, recently sold for $670,000. This newer construction offers a contrast to the 1974-built 74 Tiffany Rd, showing the blend of old and new in the area.
Other notable properties include 55 Tiffany Rd, a single-level ranch that sold for $259,000 in August 2016, described as "lovely updated" with "views of L." (likely the lake), highlighting the enduring appeal of lake views even in smaller, older homes. Further examples like 54 Tiffany Rd (3 beds, 4 baths, 3,683 sq ft, built 1987, sold for $470,000 in October 2018) and 62 Tiffany Rd (4 beds, 3 baths, 3,018 sq ft, sold for $442,000 in December 2020) illustrate the range of sizes and values along the road. Even smaller homes, such as 25 Tiffany Rd (3 beds, 1 bath, 1,094 sq ft, built 1977, sold for $185,000 in September 2021), contribute to the overall picture of a diverse and active real estate market on Tiffany Road. This variety suggests that the street offers options for different budgets and preferences, all benefiting from the desirable Coventry location and proximity to Tiogue Lake.
Community Demographics and Local Engagement
The human element of a neighborhood is just as important as its physical structures. Tiffany Road is home to a stable community, evidenced by the fact that there are 56 registered voters residing on the street. This indicates a settled population with a vested interest in local affairs and community well-being. The presence of long-time residents, such as Robert T. Mellor, aged 101, speaks to the enduring appeal and livability of the area, suggesting a place where people are content to put down roots and stay for generations.
Furthermore, details like Gregory, who celebrates his 39th birthday on September 25th and currently resides at 74 Tiffany Rd, along with Victoria E. Babcock, Kenneth A. Ferrara, and six other individuals, paint a picture of a diverse yet connected community. These personal touches humanize the data, reminding us that behind every property record is a vibrant tapestry of lives and stories. This blend of established residents and newer arrivals contributes to a dynamic and welcoming atmosphere, making Tiffany Road more than just a street, but a true neighborhood.
Understanding Property Valuation: What Drives Prices on Tiffany Road?
When considering a property like 74 Tiffany Rd, Coventry, RI, understanding the factors that influence its valuation is crucial, especially from a "Your Money or Your Life" (YMYL) perspective where significant financial decisions are involved. Real estate investment is a major life choice, and being informed about market drivers can lead to better outcomes.
Several key elements contribute to the price of a home on Tiffany Road, and indeed, throughout Coventry:
- Location, Location, Location: This age-old real estate adage holds true. Proximity to Tiogue Lake is perhaps the most significant driver for properties on Tiffany Road. Lake views, direct lake access, or even just being within walking distance to the water, command a premium. The "lake living is calling" sentiment translates directly into higher demand and, consequently, higher prices.
- Property Features and Condition: The size (2,500 sq ft for 74 Tiffany Rd), number of bedrooms and bathrooms (3 beds, 2.5/3 baths), and overall condition of the home are fundamental. Updated kitchens, modern bathrooms, efficient heating systems, and well-maintained exteriors significantly boost value. For 74 Tiffany Rd, its Colonial style and generous space are attractive features.
- Market Dynamics: The broader real estate market, including interest rates, housing supply, and economic stability, plays a critical role. A seller's market (where demand outstrips supply) will naturally lead to higher prices. The fact that 74 Tiffany Rd sold for $748,900 on July 22, 2024, indicates a strong market at the time of sale, especially given its initial listing at $725,000, suggesting a competitive bidding environment or successful negotiation.
- Comparable Sales (Comps): Real estate professionals heavily rely on recent sales of similar properties in the immediate vicinity. Analyzing sales like 76 Tiffany Rd ($670,000, built 2020), 54 Tiffany Rd ($470,000, built 1987, sold 2018), and 62 Tiffany Rd ($442,000, sold 2020) provides a benchmark. While each property is unique, these "comps" help establish a realistic market value range. The higher price of 74 Tiffany Rd compared to some neighbors reflects its specific features, size, and possibly its prime lake-adjacent position.
- Time on Market: While 74 Tiffany Rd was on the market for 321 days, an unusually long period can sometimes indicate overpricing or specific challenges. However, in this case, the eventual sale at a strong price suggests that the market eventually caught up to its value, or the right buyer with specific needs emerged.
For potential buyers or sellers, understanding these factors is paramount. It allows for informed decisions, whether it's setting a competitive asking price or making a well-reasoned offer. The transparency of transaction details, often available through platforms like Realty.com and Residential Properties Ltd, empowers individuals to make sound financial choices regarding their homes.
The Home Buying Journey: Navigating the Coventry Real Estate Market
The process of buying or selling a home, particularly in a desirable area like Coventry, RI, can be complex. While 74 Tiffany Rd, Coventry, RI, is no longer available, its journey through the market offers valuable lessons for anyone currently navigating the real estate landscape.
Essential Steps for Prospective Buyers
For those eyeing a property in Coventry, especially near Tiogue Lake, a strategic approach is key:
- Define Your Priorities: Understand what "lake living is calling" means to you. Is it direct water access, views, or just proximity? What are your must-have features in terms of beds, baths, and square footage?
- Secure Financing: Before you even start looking, get pre-approved for a mortgage. This clarifies your budget and makes your offer more attractive to sellers.
- Work with a Local Expert: A knowledgeable real estate agent with expertise in the Coventry market, particularly the Tiogue Lake area, is invaluable. They can provide insights into neighborhood nuances, property values, and upcoming listings.
- Diligent Property Research: Utilize online resources like Realty.com or other trusted rental/sales sites to view photos (like the 20 photos available for 74 Tiffany Rd), take 3D tours, and review transaction details. This initial research helps narrow down options.
- Schedule Showings: Don't miss your chance to see properties in person. As the data suggests, you might need to "Request showing or learn more!" quickly in a competitive market. Seeing the property, its layout, and the surrounding environment firsthand is crucial.
- Understand Market Trends: Be aware of how long properties stay on the market (like 74 Tiffany Rd's 321 days) and recent sale prices. This helps you formulate a competitive and realistic offer.
Tips for Sellers in a Dynamic Market
If you own a property on Tiffany Road or elsewhere in Coventry and are considering selling, the success of 74 Tiffany Rd offers insights:
- Highlight Unique Features: Emphasize what makes your home special. For lake properties, this means showcasing lake views, access points, or any water-related amenities. For 74 Tiffany Rd, its 2,500 sq ft, 3 beds, 2.5 baths, and Colonial style were key selling points.
- Professional Presentation: High-quality photos (like the 20 photos available for 74 Tiffany Rd) and virtual tours (3D tour) are non-negotiable in today's market. They allow potential buyers to visualize themselves in the home before an in-person visit.
- Strategic Pricing: Work with your agent to price your home competitively, based on recent comparable sales. While 74 Tiffany Rd eventually sold for more than its initial list price, a prolonged time on market can sometimes signal an initial overestimation.
- Be Prepared for Negotiation: The final sale price often reflects negotiation. Understanding the market and your property's value empowers you during this phase.
- Leverage Local Expertise: Partner with a brokerage like Residential Properties Ltd, known for their local market knowledge and reach, to ensure your listing gets maximum exposure.
Navigating the Coventry real estate market requires patience, research, and the right professional guidance. Whether buying or selling, being well-informed about property specifics and market trends is the best way to ensure a successful transaction.
Why Coventry, RI? A Look at the Broader Appeal
While the specific details of 74 Tiffany Rd, Coventry, RI, are compelling, it's important to understand the broader appeal of Coventry itself. This town in Kent County, Rhode Island, offers a blend of natural beauty, community spirit, and convenient access that makes it a highly desirable place to live.
Coventry is characterized by its picturesque landscapes, including numerous lakes and ponds, with Tiogue Lake being a prime example. This abundance of natural recreation areas provides residents with opportunities for boating, fishing, hiking, and enjoying the outdoors right in their backyard. The town's commitment to preserving green spaces and maintaining its natural charm is a significant draw for those seeking a quieter, more scenic lifestyle away from urban density.
Beyond its natural attributes, Coventry boasts a strong sense of community. The presence of local businesses, schools, and community events fosters a welcoming environment for families and individuals alike. The town's manageable size allows for a more personal connection among residents, often leading to active civic engagement, as evidenced by the 56 registered voters on Tiffany Road alone. This community-centric atmosphere is a key factor for many choosing where to settle down.
Furthermore, Coventry's location within Rhode Island offers excellent accessibility. It provides a peaceful residential setting while remaining within a reasonable commute to larger cities like Providence, as well as coastal attractions. This balance of rural tranquility and urban proximity makes Coventry an attractive option for professionals and families who desire a high quality of life without feeling isolated. The town's blend of natural beauty, community warmth, and strategic location collectively contributes to its enduring appeal and makes properties like 74 Tiffany Road highly sought after.
Is 74 Tiffany Rd Your Next Dream Home?
While 74 Tiffany Rd, Coventry, RI, is currently not for sale, its story offers a compelling narrative for anyone interested in the unique charm and enduring value of real estate in this desirable part of Rhode Island. This 2,500 square foot single-family Colonial, with its 3 beds and 2.5 baths, built in 1974, perfectly encapsulates the appeal of lake living by Tiogue Lake. Its recent sale for $748,900 on July 22, 2024, underscores the robust demand for well-maintained properties in prime locations within Coventry.
The detailed insights into its features, the vibrant Tiffany Road community, and the broader appeal of Coventry, RI, paint a picture of a truly special place to call home. For prospective buyers, this property serves as a benchmark for what's available in the market, highlighting the importance of location, property features, and timely market knowledge. For sellers, it demonstrates the potential for strong returns when a property is well-presented and strategically priced.
Whether you're actively searching for your dream home, simply curious about the local market, or contemplating a move to a place where "lake living is calling," the narrative of 74 Tiffany Road offers valuable lessons and inspiration. Keep an eye on similar listings in Coventry, particularly around Tiogue Lake, and don't miss your chance to see a property that truly resonates with your vision of home.
What are your thoughts on lakeside living in Rhode Island? Have you explored the Coventry real estate market? Share your experiences and insights in the comments below, or feel free to reach out to a local real estate expert to learn more about properties like this one.
