The capital of Connecticut, Hartford is a modern city and thought about the insurance company capital of the United States. With such a title, you might think Hartford isn’t exactly a vibrant city. Unfortunately, you’re correct. There isn’t much to recommend the city if you’re looking for nightlife or outdoor experiences. Real estate prices, however, are reasonable for the Northeast and it is a relatively short trip to more vibrant locations.
Unlike Hartford, Mystic is town with a ton of culture. Located on the Atlantic seaboard, the town has a strong seafaring history and takes pride in it. With colonial architecture, the city is bursting with color as the leaves turn in the fall. A classic seaport, Mystic celebrates the history with maritime museums, classic whaling schooners and as pleasant a group of people as you will ever find. You can even order 5-cent beers in some of the local taverns. Admittedly, the glasses are small, but 1 cents is 1 cents!
On a positive note, Connecticut real estate has a strong growth pattern. Appreciate rates for 2005 were over 13 percent, which is above the national average.
Connecticut real estate prices differ greatly from location to location. Generally, the closer the location is to New York City, the higher the prices. A single-family residence in Hartford will set you back $335,000, but prices range from the low $210,000 to over $1,200,000 throughout the state.
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