Market Research Report: 351 Torrington Dr
Background
The property located at 351 Torrington Dr is a residential condominium situated in Torrington, Connecticut. This end-unit Tanglewood model is part of a cul-de-sac community and features two bedrooms, two bathrooms, and a loft area suitable for various uses. The property boasts maple floors, a fireplace, and an expanded deck, enhancing its appeal. Built in 1977, the condominium offers approximately 1,612 square feet of living space.
Key Strategic Focus
The condominium's strategic focus lies in providing comfortable and convenient living within a well-maintained community. Its design emphasizes spaciousness, functionality, and aesthetic appeal, catering to individuals or families seeking a serene residential environment. The property is situated in a desirable location, offering easy access to local amenities and transportation routes.
Financials and Funding
The property has experienced notable appreciation since its last sale. It was sold in August 2017 for $77,500, and as of December 2025, the median sale price for similar homes in Torrington was $295,000, indicating a significant increase in property values over the past eight years.
Pipeline Development
As a residential property, 351 Torrington Dr does not have a pipeline in the traditional sense. However, the condominium is part of a community that may undergo future developments or enhancements aimed at improving resident amenities and property values.
Technological Platform and Innovation
The condominium features modern amenities, including a fireplace and an expanded deck, enhancing the living experience. While specific technological platforms are not detailed, the property's design and features reflect contemporary residential standards.
Leadership Team
As a residential property, 351 Torrington Dr does not have a leadership team. However, the condominium is managed by a homeowners association (HOA) responsible for the upkeep and management of the community. The HOA fee includes grounds maintenance, insurance, property management, security service, snow removal, trash pickup, and water.
Market Insights and Dynamics
The Torrington, Connecticut housing market has experienced steady demand and modest appreciation. As of December 2025, the median home sale price was $282,400, with homes selling for approximately 100% of the asking price. The average days on market for homes was 57, indicating a seller's market.
Competitor Analysis
In Torrington, several residential properties offer similar amenities and features. For instance, 351 Dennison Dr, built in 1963, offers three bedrooms and two bathrooms, with an estimated value of $318,300. Another example is 351 Ledge Dr, an end-unit townhouse with two bedrooms and two bathrooms, sold in December 2025 for $210,000.
Strategic Collaborations and Partnerships
As a residential property, 351 Torrington Dr does not engage in strategic collaborations or partnerships. However, the property's value and appeal are influenced by the overall development and management of the Torrington community, including initiatives by the local government and private entities.
Operational Insights
The condominium's location in Torrington, Connecticut, places it within a market characterized by steady demand and modest appreciation. The property's features, such as its spacious layout and modern amenities, position it competitively within the local real estate market.
Strategic Opportunities and Future Directions
Future opportunities for 351 Torrington Dr may include community enhancements, property upgrades, or participation in local development initiatives aimed at increasing property values and resident satisfaction. Staying informed about local market trends and community developments will be crucial for maximizing the property's potential.
Contact Information
For more information about 351 Torrington Dr, interested parties should contact the local real estate agents or property management companies specializing in the Torrington area.
