This should be interesting – 41 Meadow Wood listed this week for $12M may find it tough to get a buyer since 45 Meadow Wood is now in pending status with a list of $6,750,000. I just wrote about the latter because it is so beautiful and the price reduction versus the value was noteworthy
So Here is 41 – 4.7 acres and 8 car garage – specific style as we say – translated: Limited audience
When the sellers bought it for $6M in 2006 it was a 4600SF+ charming colonial with stone walls,wisteria and then turned into what you see today – double the square footage and they would like to see a double in their investment…time will tell – I say, not a chance especially given that 45 Meadow Wood is in contract with a list of $6,750,000
And here is 45 – and it does have a pool although the listing does not state this:
Then in contract yesterday….
This property has been on the market since 2012 – offered with 5.91 at the high of $14,500,000. It was then offered as it is packaged today with 3.26 acres for $8,800,000 with no price reductions – it expired. Brought back to market as the first package of 5.91 acres for $12,900,000 – same realtor (I need just a small percentage of this kind of love) It was finally given to another realtor where it has been on market since January – starting at $7,800,000 and then reduced to $6,950,000 just under where the town has set it appraised value. So much time wasted and clearly could have been avoided…
The motto – if it looks too good to be true, it probably is…if you’re the seller or the buyer.