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71 Elm Street #SM43, South Burlington, VT, 05403

3beds
3baths
2,371sqft
$798,000
$337price/sqft
$5,454/moest. monthly cost
$218,160/yrincome needed

About This Home

Beautiful Model townhome for sale in desirable Spear Meadows neighborhood. Move-in Ready. No Exterior Maintenance and 2-year warranty. Located directly on the South Burlington Recreational Path and minutes from Lake Champlain, UVM, UVM Medical Center, downtown Burlington and BTV airport. This open floor plan home includes 10' ceilings on the main floor with an abundance of natural light throughout. Energy efficient with full central A/C, HRV system included for indoor air quality. Anderson windows, hardwood flooring, tile floors, 42" cabinets with easy glide doors and drawers. Quartz countertops and GE kitchen appliances. Come visit during our model home hours Thursday through Monday, 12 to 5. Broker is a related party to the land seller

Getting Around

5
WalkingCar-Dependent
0
TransitNo Nearby Transit
55
BikeBikeable

Schools

9/10
Orchard SchoolGrades PK-50.9 mi
10/10

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

  • Foundation: Below Frost Line,Concrete,Poured Concrete
  • Roof: Architectural Shingle,Asphalt Shingle
  • Construction materials: Green Features -See Rmrks,Cellulose Insulation,Fiberglss Batt Insulation,Wood Frame,Board and Batten Exterior,Vertical Siding,Vinyl Siding,Wood Exterior

Other

  • Builder name: Snyder Homes

Type & Style

  • Home type: Townhouse
  • Property subType: Condominium,Townhouse

Interior

Appliances

  • Appliances included: ENERGY STAR Qualified Dishwasher,Disposal,Microwave,Other,Gas Range,ENERGY STAR Qualified Refrigerator,Natural Gas Water Heater,Owned Water Heater
  • Laundry features: Laundry Hook-ups

Basement

  • Has basement: Yes
  • Basement: Concrete Floor,Daylight,Full,Insulated,Interior Stairs,Unfinished,Interior Access,Basement Stairs,Interior Entry

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Ceiling Fan(s),Dining Area,Kitchen Island,Kitchen/Dining,Kitchen/Family,Enrgy Rtd Lite Fixture(s),LED Lighting,Primary BR w/ BA,Natural Light,Walk-In Closet(s),Walk-in Pantry,Programmable Thermostat,Smart Thermostat
  • Window features: Screens,ENERGY STAR Qualified Windows,Low Emissivity Windows
  • Flooring: Carpet,Ceramic Tile,Hardwood
  • Finished area below ground: 0
  • Finished area above ground: 2,371

Heating & Cooling

  • Heating features: Natural Gas,Forced Air,Hot Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,541
  • Total interior livable area: 2,371 sqft

Property

Accessibility

  • Accessibility features: 1st Floor 1/2 Bathroom

Details

  • Zoning description: Residential
  • Other equipment: Radon Mitigation

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered Porch
  • Exterior features: Deck
  • Has view: Yes
  • Frontage length: Road frontage: 50

Lot

  • Features: Deed Restricted,Landscaped,Sidewalks,Subdivided,Trail/Near Trail,Views

Parking

  • Total spaces: 2
  • Parking features: Paved,Driveway,Garage,On Site,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Inland Flooding
Ice Storm
Strong Wind

FEMA Declared Disasters Across Vermont Counties

Flood
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,035$48,420
Home Insurance $161$1,932
Property Taxes $957$11,484
Electricity $301$3,619
Total$5,454$65,448

Income You'd Need if You Spent...

35% on housing$186,994/yr
40% on housing$163,620/yr
45% on housing$145,440/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.7%
5.7%
0%30.0%
Electricity Growth Rate10-year average: 7.6%
7.6%
0%15.0%
Property Taxes Growth Rate2-year average: -1.7%
-1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$337This listing

vs Other Active Listings

Avg $/sqft

ZIP 05403$261
Chittenden County$264

vs Homes Sold Last Month

Median $/sqft

ZIP 05403$279
Chittenden County$270

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-11-22Price change$798,000
2025-09-28Listed for sale$808,830

New Construction Spec

AgentChristopher Snyder
BrokerageSnyder Group, Inc.

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