209 Long Neck Point Has an Acepted Offer – $12,500,000 List

Posted on by DEB HALSEY REAL ESTATE
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209 Long Neck Point Rd Darien
209 Long Neck Point – Darien – $12,500,000

 

One has to wonder, if 140 Wallacks Drive in Stamford would have a deal today, if it had begun it’s pricing journey similarly to 209 Long Neck @ $12M+. It’s long, continuing journey began over 1000 days ago when it was introduced at $18M. It is not listed on the Greenwich MLS – not smart…

There are considerations to pricing that go beyond the square footage and acreage – and these two properties tell that story. Pricing any waterfront property relies on where that shoreline is.  Wallacks Drive is twice the square footage, nearly twice the acreage – so one would think that these differences would compensate for Stamford vs Darien.

Market trends rule – and may be one part of the reason that Long Neck has a deal and Wallack’s Drive does not.

Today’s buyer wants:

  • Relevant decor
  • Move in ready
  • Smaller Scale
  • Convenient Location
149 Wallacks Drive – Stamford – Caritas – Now $8,995,000

 

 

New Listings October 8, 2014

Posted on by DEB HALSEY REAL ESTATE
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There are a few new listings today, but this one strikes me – 17 Oval Ave in Riverside is asking $1,895,000. The owners bought it in 2006 for $1,195,000 on an original asking price of $1,425,000. At the time is was 2100SF – it is now “expanded” to a whopping 2253 SF according to the tax record that the listing agent omitted from the listing.

What’s especially annoying, is trying to explain to a home owner who isn’t selling in Riverside, is why their property will not achieve similar results.

http://www.debhalsey.com/Web/AR480203/ListingSearch/results/

Kitchen – it’s as good as it gets – low ceilings and narrow
Master – Room for a King – but narrow with low tipped ceilings

Other New Listings: