Stage and Price to Sell Quickly – A Perfect Example

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53 Ridge Street – located a hop and skip to the train and 95 – was prepared beautifully for market. And guess what, they got a deal after 47 days – and closed yesterday for $1.6M with a list of $1.650. The sellers bought it in 2005 for $1.3m. They also added to the porch, making it wrap around (perfect for a turn of the century house – and one wonders whether it was like this in the first place.) They also added a bedroom and bath to the house – obviously everything was made relevant to what buyers are looking for today…very cute.

53 Ridge St Front
53 Ridge St – Greenwich – Sold – $1.6m

Welcoming Front Entrance
Neutrals Accented with Punches of Color
If You Need a Red Room – the Deep Corral is Perfect
Simple Kitchen – Although Cooking on a Small Island – A Little too Benihana
White Linens Exude “Clean”
Sweet Use of Space
Porches are Back

CALLING ALL RELO’S, JUST STARTING OVER BUYERS, FIRST TIMERS AND DOWNSIZERS

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…in the old days, realtors would write: “…just bring your toothbrush”. Literally – the price includes furnishings!

Just got reduced to $1,590,000 – obviously motivated…

This central Greenwich property is impeccable, and is finished with everything that buyers are looking for. The one con that I can see, is that there’s not much yard, and the traffic on lower Lake is sometimes annoying…But, when you are inside this home, it is quiet…Listen, NY’ers live on major Avenues and the backyard is Central Park…
Withing a 1/2 milt to the train, and EVERYTHING else…50 doctors offices, the hospital, library, 180 retail stores – need I say more?
4 bedrooms, 4 full, 1 half bath, 2200SF+, garage with overhead space…impeccable
 
RENOVATED AND READY

GARAGE WITH OVERHEAD FINISHED SPACE

EVERY SQUARE INCH IS FINISHED NICELY

QUALITY MARBLE BATHS
NEUTRAL FURNISHINGS AND WOOD FLOORS

When you consider that 111 Lake Ave – just around the bend, got $1.4 this season – and it needed everything…there was not even a powder room on the 1st floor – forget about a proper master suite. Everything in this one needs to be updated…. And the rock in the backyard!

New Listings 8/11 – Sellers: Today’s Buyer Wants Today’s Appeal

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56 OLD CHURCH RD – GREENWICH, CT
This charmer is back – what a patient seller! The first realtor priced this at $3,750,000 in ’09! And she kept it with the same realtor for 580 days…it expired at $2,495,000 on Jan 1 2013 – not so happy New Year…

Then onto the 2nd and present realtor –  who priced it a bit more realistically at $2,495,000 in May 2013 – it expired this year in May at $2,250,000 – 296 days later – and now it’s back $2,250,000 – with realtor #2I just have to shake my head.

The potential of this foyer is lost with bad lighting
And multiple scattered rugs
Another staging opportunity

This kitchen would 100% better with a little paint on the cabinets, as well as on the yellow dishwasher (yes appliances can be spray painted) . The seller push back is always that the new owners could do that easily, but what they forget, is if is at least to the point where they can live with something for a while, during the planning process of renovation, it is more attractive to the buyer.

My advice to sellers who are interviewing realtors, is to be open to changing room decor to attract a broader audience. The advice that I would recommend to realtors is to let their clients know that since they’ve made the decision to sell their property – they should start the letting go process, and psychologically adjust to the the fact that it will soon belong to someone else. 
Get rid of the window treatments, and edit the “collections” on the mantel and shelves, out with the dated rug (we realize that they cost a lot of money, but younger buyers don’t care) arrange the furniture towards the fireplace (which the realtor obviously thought was the focal point of the room) – and to the realtor – light the place before snapping away!
Suggest how a room would flow – you wouldn’t want to move the chair every time you want to access the French door. Arrange furniture and items by color – avoid the Xmas theme. Another thought is that small paintings should have company on a large wall, and not every wall needs to be adorned. Light the room before the photo is taken!

The sun room would appear to be such a larger extra space if the furniture was removed. The green and white theme dates it immensely. One big fern in the corner would do the trick after removing the indoor/outdoor grass rug.

Amen

PENDING TRANSACTIONS 7.11.14

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Among the properties on the pending list today is 26 Cobb Island Dr, which was only on the market for 65 days – although it had been on for 15 days prior to the current listing at the slightly higher price of $4,195,000 – change of heart? Motivated? Who knows who cares – they got an offer…the sellers bought it in 2011 for $3,850,000 – and with it’s proximity to 95, they are probably relieved…#20 and #27 are also on the market: $2,295,000 and $3,499,000 respectively
26 COBB ISLAND FRONT
26 COBB ISLAND DOCK
GRAY/NAVY/WHITE – FRESH!
PURR
WHITE KITCHEN – NAVY ACCENTS
BEACHY FEEL
SPA NEUTRALS

Buy the House or Love Prison and Find Captain Kid’s Stash

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According to the Greenwich Time today:

“BRANFORD, Conn. (AP) — A new reality show is being filmed on one of Connecticut’s tiny Thimble Islands.
WNPR radio reports that A&E is filming a show called “Love Prison” on Beldon Island, one of 300 small islands off the coast of Branford. Beldon Island has just one house on just over an acre of land in Long Island Sound.
Producers of the show say that house will be home to a social experiment involving couples who have an online relationship, but have never before met in person. They will spend a week together on the island.
The network says 10 episodes of the show are set to air beginning in August.
The island is listed for sale, with an asking price of just under $4 million.”

And our British Friends have the real estate story and they boldly claim that it may be where Captain Kid has hidden treasures….

“Buy a Connecticut private island for $4m… find your own treasure! Tiny property in chain where Captain Kidd’s fortune is rumored to be buried goes on sale”

http://www.dailymail.co.uk/news/article-2430315/Belden-Island-private-Connecticut-island-hits-market-4M.html

The Scoop – 6.30.2014

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Closed Today

6 HIGHVIEW AVE – OG – $1,353,000
On the market since 2011 – the sellers hung on and on – their number was $1,495,000 – no price reduction – and the market did not meet their demand. Still not so bad considering the days on market.
 
12 ROCKVIEW DR – GREENWICH – $1,526,000
Literally squeezed between a rock and Lake Ave…this little charmer won someone’s heart and broker another’s in a bidding war – starting at $1,395,000 – it closed substantially higher. It sits just behind 111 Lake which closed at $1.4M just a short while ago...
29 NORTH RIDGE RD – OLD GEEENWICH – $926,000

 Also in a bidding war – this single story 3 bedroom 2.5 bath, 1330 SF home was asking $905,000 and closed 23% higher after 16 days on market.

84 CONNECTICUT AVE – GREENWICH – $1,165,126

 Asking $1,195,000 – 10 days on market – the million and under is still closing quickly. Most likely a cash buyer.

96 MEADOW RD – RIVERSIDE – $3,750,000
In Willowmere, this lovely has a new owner – after what is relatively short market time at this price…49 days – starting at $3,950,000 in March. Just over 5000 SF, 6 bedrooms, 4.1 baths, .46 acres – the listing mentioned winter water views – which post Sandy may be construed as positive marketing 🙂
240 RIVERSIDE AVE – $2,892,000
Riverside Ave – often gets the “traffic pushback” – it is a bit of a throughway, and most likely partly responsible for having been on and off the market since 2010. It started at $3,395,000, came back in 2011 at $3,245,000 and close for the odd price as mentioned above. The town’s number for the property is $2.3ish.
 
245 N MAPLE AVE – $3,990,000
   
26 BROAD RD – GREENWICH – $5,912,000

Unbelievably, this started it’s long listing journey at $9,250,000 just 4 years ago! The sellers went back with the same realtor a couple of times – and two others before making it happen…

Rocker Rob Zombie is Selling his CT home in Woodbury

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$2,285,000

RON ZOMBIE’S WOODBURY RETREAT

A highly unlikely property for a rocker to own – and we’ll see if his celebrity will be leverage against some of the things that buyers don’t seem to relate to any longer. Low ceilings, vintage homes, and charm – but who knows, celebrity sometimes resonates with a buyer who wants bragging rights – look at Ron Howard’s Conyers Farms estate – rumor has it that it has a deal after just a few weeks. Not that this has equal footing, but everything’s relative.

The property is beautiful but unfortunately, there are no photos of the 22+ acres…nor are there photos of the lighted tennis court, or in ground pool 🙁


ONE OF A FEW ORIGINAL FIREPLACES 

RESTORED WITH ORIGINAL BEAMS AND FLOORS
CHARM WITH TECH
2200 SF BARN – STUDIO
HOW SWEET
OLD WITH NEW

Lots of NEW Listings 4/21/2014 – Including a Neighbor – 69 Porchuck Rd

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It’s funny – when you’re a realtor, you acquire a sixth sense of when a property is about to go on the  market…
69 PORCHUCK RD – $6,095,000
First there were a band of tree trimmers (never before seen) and landscapers (they normally come on Friday – this was on a Wednesday) Then more work vans than I’ve seen in the 2 years that we have lived here. Then, on a subsequent day last week, 5 or more firetrucks/emergency vehicles pulled into the driveway…My hunch was that someone set off an alarm and the owner may have been out of town. Since I’d only ever seen him twice when we first moved in, and didn’t get the sense that he wanted a social relationship – off he went with his Bassett hound, leaving me to wonder if he lived alone in this big house with his loveable dog – somehow,  I think his name was Henry – the dog that is…
The current owner bought this property in 2003 for $4,700,000 – and with back country Greenwich, as much as I love living here, not getting the love that it once enjoyed, it will be interesting to see where the price settles. My guess is closer to where it last sold…Maybe $200K more – but I’ve been wrong before.

6 Bedrooms – 7 full and 2 half baths – 4 Fireplaces – just over 9000 SF – it has a finished lower level – 4+ acres – pool/terrace…

GRACIOUS ENTRY

WHITE KITCHEN – EN VOGUE AT THE MOMENT

PEACEFUL LIVINGROOM