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Price Reductions – Some will Get a Bite, Others a Nibble and Maybe One will get Thrown Back in the Water

Guy Fishing Screen shot 2014-10-15 at 8.38.32 AM

52 Hunt Terrace should get a bite – Good house and there is price resistance over $1.5 in this area – this one started close to $1.4…this West side of town often attracts former NY’ers. Click here to see the full listing: http://www.debhalsey.com/Web/AR480203/ListingSearch/details/?mls_id=CT-GWMLS&mls_no=90774&display_page=1&lpp=20&index=1&total_listings=1&from=results
6 Kenilworth Terrace -should get a bite…North Street Schools and it is fairly priced. Nice 1 acre lot – 5 bedrooms, 4+ baths. Well Built To see the full listing, click here: http://www.debhalsey.com/Web/AR480203/ListingSearch/details/?mls_id=CT-GWMLS&mls_no=90032&display_page=1&lpp=20&index=1&total_listings=1&from=results
79 Duncan Dr – Maybe some nibbles – I think that we’ll see another price reduction before this gets a buyer, just my opinion. A) Not a ton of demand for 70’s contemporaries, B) Much of it needs to be updated. The pros are that it is in great condition, well-maintained and it is on a oversized lot. My crystal ball tells me somewhere around $1,900,000 would get it done.To see the full listing, click here: http://www.debhalsey.com/Web/AR480203/ListingSearch/details/?mls_id=CT-GWMLS&mls_no=91587&display_page=1&lpp=20&index=1&total_listings=1&from=results
32 Sawmill Lane – Good house – Priced Fairly and will most likely get the same number that the sellers paid 3 years ago – $2,975,000. To see the full listing, click here: http://www.debhalsey.com/Web/AR480203/ListingSearch/details/?mls_id=CT-GWMLS&mls_no=90812&display_page=1&lpp=20&index=1&total_listings=1&from=results
255 Round Hill Rd – Maybe some nibbles – An authentic Tudor built in the 20’s – and needing lots of updates. Biggest disadvantages here, is that it is a big house to renovate, it has market fatigue from over pricing in the past, and buyers are no longer nostalgic about renovating a classic. 8700 SF on 3 acres in 2 acre zoning. To see the full listing, click here: http://www.debhalsey.com/Web/AR480203/ListingSearch/load_saved_search/?display_action=details&ss_id=5303913&mls_id=CT-GWMLS&mls_no=89563&total_listings=438&lpp=20&display_page=1&index=4
19 Hidden Brook Rd – Maybe some Nibbles – Great House – the biggest disadvantage is that it is sandwiched between neighbors, so when you’re sitting in your pool, your neighbors may as well be there as well. But hey, it’s Riverside, and that’s what buyers seem to be paying premiums for this year. I shake my head. To see the full listing click here: http://www.debhalsey.com/Web/AR480203/ListingSearch/details/?mls_id=CT-GWMLS&mls_no=90700&display_page=1&lpp=20&index=1&total_listings=1&from=results
48 Round Hill Rd – Now $10,350,000 – Throw is back in the Water for now – Reduced from $12,000,000. The sellers paid $4,425,000 in 1998 and the town has it appraised below that at $4,073,000…soooo not sure where $12M came from…last renovated in 1999 – yup….
To see the full listing, click here: http://www.debhalsey.com/Web/AR480203/ListingSearch/details/?mls_id=CT-GWMLS&mls_no=90785&display_page=1&lpp=20&index=1&total_listings=1&from=results

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