FREQUENTLY ASKED QUESTIONS
Get to know more about Westerly Portsmouth with answers to the most frequently asked questions below.
If we missed anything, visit or contact us to get more info!
WHO IS THE BUILDER/DEVELOPER?
Westerly Portsmouth is being developed by The Westerly, LLC, which is a partnership between the Katz Group and Finnegan Development. Visit KatzGroupNH.com and FinneganDevelopment.com for more information.
HOW MANY HOMES WILL THERE BE?
There will be two buildings containing 24 single-level homes each.
HOW MANY FLOORPLANS ARE THERE TO CHOOSE FROM?
There are 4 Floorplans to choose from.
WHAT IS THE PRICE AND SQUARE FOOTAGE OF THE HOMES?
The new condos for sale at Westerly Portsmouth start in the mid $400,000’s with floorplans ranging from approximately 1,400 to 1,800 SF.
HOW MANY BEDROOMS ARE THERE?
All Residences will feature 2 Bedrooms and 2 Full Bathrooms.
HOW MANY FLOORS IN THE BUILDING?
There will be two mid-rise buildings consisting of 3 residential floors with underground parking. An elevator and stairways service all floors.
WHERE IS PARKING LOCATED?
A heated parking garage is located underneath each building with additional outside parking available for residents and guests. Each home will be assigned 1 parking space. Additional garage parking spaces may be available for purchase.
WHAT ARE THE CONDOMINIUM FEES?
Fees are estimated between $315 to $400 per month and are based on the square footage of the home.
WHAT WILL BE INCLUDED IN THE CONDOMINIUM FEE?
Westerly Portsmouth is intended to be a maintenance-free community where items such as snow removal and lawn care are handled by the condominium association. See the full condominium budget and what is included on WesterlyPortsmouth.com
WHAT IS THE TAX RATE IN PORTSMOUTH?
The Fiscal Year 2021 Residential Tax Rate is $14.70 per $1,000 of valuation.
HOW ARE THE HOMES BEING ASSESSED?
We advise homeowners to assume 100% assessment for the calculation of real estate taxes. In other words, assume the total purchase price of your home.
IS THERE A WARRANTY WITH THE HOME?
Yes, The Westerly, LLC offers a one year limited warranty. A dedicated customer service representative will handle all issues during this period.
WILL THE HOMES HAVE OUTDOOR SPACES?
Yes, all homes include a private patio or deck (depending on the residence level), approximately 5’-6” x 10’9”.
WILL THE HOMES HAVE STORAGE?
In additional to ample closet space within the home, each home will be assigned a secure storage unit in the underground heated garage approximately 5’ x 8’ in size.
HOW DO WE RECEIVE OUR MAIL?
Each home has a mailbox located in the 1st floor foyer next to the elevator.
ARE RENTALS ALLOWED?
Yes, for a minimum period of one year as allowed by the condominium documents.
ARE PETS ALLOWED?
Yes, as allowed by the condominium documents.
WHAT TYPE OF UTILITIES ARE PROVIDED?
Public water and sewer, electric, natural gas, and phone/cable/internet by Comcast.
HOW WILL THE TRASH BE HANDLED?
There will be a trash and recycling room located in the garage.
HOW DO I PURCHASE A HOME AT WESTERLY PORTSMOUTH?
It starts by selecting your new home and signing a non-binding Reservation Agreement and putting down a $10,000 refundable deposit. The next step is signing a purchase contract.