Sunday
Mar082020
Greenwich Real Estate Guys Blog: March 8th Open House List and February Statistics
Jared Randall
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Pictured above is 20 Greenbriar Lane. The house is listed at 4,861 s.f. has four bedrooms with four full bathrooms, two half baths and sits on 2.22 acres. The open house is from 2-4 p.m. on Sunday and is priced at $3.895M.
Spectacular, modern farmhouse blending classic architectural details with contemporary design for today's living. Winner of 2019 Hobi award, sits on 2.2 private acres on a quiet, mid country lane graced with circular driveway and age old oak trees. A 2018 ''down to the studs'' renovation includes new roof, mechanical systems, 8'' white oak floors, spray foam insulation, electrical, and Kolbe windows and doors. Custom millwork, luxury finishes and exquisite attention to detail throughout. Open floor plan and light filled interiors with front to back visibility allow for sunrise and sunset views. Bespoke chef's kitchen boasts large center island, top of the line appliances and eat in breakfast room. Chic butlers pantry with wine fridge, ample storage and bar area;
Stylish living room with fireplace and sliding glass doors lead to one of two large bluestone patios perfect for entertaining; Bright and spacious sunroom. Family room with limestone fireplace surround; Dining room features oversize picture window overlooking expansive and tranquil backyard. Two half baths and mudroom complete 1st floor. 2nd floor deluxe master suite with 10' vaulted ceiling, french doors leading to sundeck, his/her walk in closets, and marble spa bath with double sinks and oversize shower. Three additional ensuite bedrooms along with upstairs laundry room. Lower level playroom, attached two car garage, built in exterior bbq area.
We finally have some good news to report. If, you read the blog weekly, you will notice I mentioned the pendings were looking strong and I felt we would have a strong 1st quarter compared to last year.
Some quick and preliminary Greater Greenwich Single Family Homes market data as we wrap up February of 2020:
Hot off the presses:
- Home sales in Greater Greenwich jumped 45% in February vs. February 2019.
- The average price of a home that sold in February was $2,191,345, an 11% decline vs. February 2019.
- The median price of a home that sold in February was $1,795,000, a 50% jump vs. February 2019.
- Average sold price per square foot was $511, a 4% decline.
- DOM ballooned to 307 days in February vs. 242 a year ago.
- Total $$ volume rose 28% in February to $63,549,018.
Key takeaway: buyers are here and they're bidding on and buying well-priced homes. Selling value remains a key factor in shortening days on market and maximizing the sales price.
Ray Flynn of DIYguys.net has followed the blog and asked to write an article for the website. I felt it had some good points so visit his website if it interests you:
Popular Home Repair Projects Best Left to the Pros
Putting your personal signature on your home in the form of your own handiwork feels terrific! However, if your signature is the home repair equivalent of an illegible scribble, you'll be sorry. It's important to know when to draw the line, as sometimes you'll damage your home (or yourself) if you push the envelope too far.
Read on as we explore some popular home repairs you're better off leaving to the pros, as well as what you might expect to pay for them.
Avoid the Temptation of Tall Orders
Even if you have no qualms about ladders, projects that require you to scale high overhead, especially if challenging labor is involved, should be avoided. There are a couple common projects that fall into this category.
The first is roof repairs. The costs of roof repairs can add up, but they are also inherently dangerous. Shingles are heavy, ladders can wobble, and navigating on and off a roof with tools and materials can quickly land you in the hospital-or worse. Even if you manage to keep yourself in one piece, roofing mistakes can mean leaks and further expense in the future. Paying a pro to fix your roof will normally cost anywhere from $316 and $1,015
Leave the Leaves Alone
Like roof repairs, tree removal is a tall order you should avoid at all costs. Chainsaws and ladders don't mix, and not only is it dangerous, misjudgement can mean tree limbs falling onto buildings, vehicles, landscaping, even electrical wires.
You're endangering property, other people, and yourself when you try to tackle tree repairs DIY-style. What's more, you need to properly dispose of the tree's remains and need appropriate tools for grinding the stump.
The Lowdown on What's Underground
Things that happen under your house can lead to costly repairs, and while the expense can be rough on your wallet, you're better off hiring a pro for a few major underground issues.
The first biggy is your foundation. Unfortunately, if your home's foundation is failing, it means the rest of the structure will begin deteriorating (if it hasn't already). Shifting walls and floors will crack and crumble, doors will stop closing properly, and in time you'll have a house that becomes rundown and dangerous to live in.
Toolerant says you can DIY minor foundation issues like cracks and leaks, but warns bigger foundation problems warrant hiring a pro. If your foundation is failing, homeowners typically pay between $5,000 and $10,000, although it could add up to as much as $20,000.
What's Bugging Your Home?
Another underground worry is termites. While certain proactive measures might keep them at bay, they are quick-moving creatures. Homeowners typically don't know there is a problem until it's too late, and these little buggers can erode your home's structure in ways just as ugly as shifting foundations. Homeowners can expect to pay an average of $100 for an inspection, but if treatment is needed, they may have to pay up to $1,500. Treatment costs will depend on the size of the home and how badly it's infested.
This One Just Stinks
Lastly, homeowners who need septic systems repaired should plan to contact a professional. Not only do these projects require specialized equipment and expertise, like earth movers and soil testing, a lot can go wrong if the system isn't installed correctly. From slow drains to sewage backing up into your home, a septic failure is no fun.
If your septic system is in need of replacement, keep in mind the average homeowner spends between $6,000 and $50,000.
In a Nutshell
Even if you're pinching pennies, whenever you're contemplating a project well beyond your experience or expertise, it's best to call a professional. Keep in mind you might get hurt, and even if you don't, poor workmanship can mean spending even more money to have someone fix your mistakes. Similarly, sometimes projects require specialized equipment. When something is beyond your routine fixes and toolbox, pay for a pro!
There are 109 Open Homes this Sunday.
| Address | Area | List Price | Time | Listing Office |
| 7 Woodland Drive #2 | Greenwich | $3.8K | 2-4 p.m. | Davenport |
| 1037 North Street | Greenwich | $3.9K | 2-4 p.m. | Coldwell Banker |
| 78 River Road #8 | Cos Cob | $4.2K | 2-4 p.m. | Coldwell Banker |
| 24 Forest Avenue | Old Greenwich | $5.3K | 1-3 p.m. | Coldwell Banker |
| 257 Bruce Park Avenue #2 | Greenwich | $9.75K | 1-3 p.m. | Raveis |
| 257 Bruce Park Avenue #1 | Greenwich | $9.95K | 1-3 p.m. | Raveis |
| 255 Bruce Park Avenue #4 | Greenwich | $11.75K | 1-3 p.m. | Raveis |
| 6 Chieftans Road | Greenwich | $15K | 1-3 p.m. | Coldwell Banker |
| 190 Putnam Park | Greenwich | $378.8K | 2-4 p.m. | Raveis |
| 19 Le Grande Avenue #18 | Greenwich | $599K | 2-4 p.m. | Coldwell Banker |
| 9 River Road #403 | Cos Cob | $599K | 1-3 p.m. | Raveis |
| 169 Mason Street #4A | Greenwich | $619.9K | 12-3 p.m. | Raveis |
| 16 Spezzano Drive | Riverside | $645K | 1-3 p.m. | BHHS |
| 456 Valley Road | Cos Cob | $659K | 1-3 p.m. | Raveis |
| 456 Valley Road | Cos Cob | $659K | 1-3 p.m. | Raveis |
| 56 Caroline Place | Greenwich | $679.9K | 1-3 p.m. | Sotheby's |
| 351 Pemberwick Road #105 | Greenwich | $684K | 11-2 p.m. | Sotheby's |
| 1037 North Street | Greenwich | $695K | 2-4 p.m. | Coldwell Banker |
| 15 Lafayette Court #4C | Greenwich | $795K | 2-4 p.m. | Coldwell Banker |
| 78 River Road #8 | Cos Cob | $799K | 2-4 p.m. | Coldwell Banker |
| 26 W. Church Street #A | Greenwich | $849K | 1-3 p.m. | Coldwell Banker |
| 28 Pleasant Street | Cos Cob | $849.9K | 11-2 p.m. | Centric |
| 61 Summit Road | Riverside | $895K | 2-4 p.m. | Coldwell Banker |
| 35 Edgewood Avenue | Greenwich | $899K | 11-1 p.m. | S.E.L. |
| 18 Norias Road | Greenwich | $925K | 2-4 p.m. | Raveis |
| 27 Annjim Drive | Greenwich | $990K | 12:30-2 p.m. | Douglas Elliman |
| 56 Summit Road | Riverside | $1.05M | 2-4 p.m. | Houlihan Lawrence |
| 61 Orchard Place #B | Greenwich | $1.099M | 1-3 p.m. | Gen Next |
| 41 Sundance Drive | Cos Cob | $1.149M | 1-3 p.m. | Halstead |
| 73 Weaver Street #15 | Greenwich | $1.195K | 1-3 p.m. | Raveis |
| 1 Richmond Drive | Old Greenwich | $1.195M | 2-4 p.m. | Houlihan Lawrence |
| 313 W Lyon Farm Drive | Greenwich | $1.2M | 12-2 p.m. | Raveis |
| 23 Shannon Lane | Cos Cob | $1.279M | 1-3 p.m. | Sotheby's |
| 40 Crescent Road | Riverside | $1.285M | 1-3 p.m. | BHHS |
| 65 Stonehedge Drive S | Greenwich | $1.395M | 1-3 p.m. | Sotheby's |
| 72 Havemeyer Place #A | Greenwich | $1.395M | 1-4 p.m. | BHHS |
| 1 Lia Fail Way | Cos Cob | $1.399M | 1-3 p.m. | Coldwell Banker |
| 34 Montgomery Lane | Greenwich | $1.575M | 12-3 p.m. | Sotheby's |
| 633 Round Hill Road | Greenwich | $1.6M | 2:30-4 p.m. | Douglas Elliman |
| 25 Wesskum Wood | Riverside | $1.675M | 2-4 p.m. | Sotheby's |
| 26 Bayside Terrace | Riverside | $1.74M | 11-1 p.m. | Coldwell Banker |
| 99 Porchuck Road | Greenwich | $1.795M | 12-2 p.m. | Coldwell Banker |
| 16 Tod Lane | Greenwich | $1.795M | 1-3 p.m. | Houlihan Lawrence |
| 118 Bowman Drive | Greenwich | $1.795M | 2-4 p.m. | Raveis |
| 77 Indian Harbor A | Greenwich | $1.88M | 11-1 p.m. | Coldwell Banker |
| 36 Cassidy Park 36 | Greenwich | $1.895M | 2-4 p.m. | Greenwich Ct Luxury |
| 38 Cassidy Park 38 | Greenwich | $1.895M | 2-4 p.m. | Greenwich Ct Luxury |
| 47 Glen Road | Greenwich | $1.895M | 2-4 p.m. | Houlihan Lawrence |
| 1 Idar Court #B | Greenwich | $1.949M | 1-3 p.m. | Houlihan Lawrence |
| 26 Connecticut Avenue | Greenwich | $1.975M | 2-4 p.m. | Coldwell Banker |
| 4 Orchard Street | Cos Cob | $1.995M | 2-4 p.m. | Miha Zajec |
| 73 Cat Rock Road | Cos Cob | $1.995M | 12-2 p.m. | Compass |
| 11 Anthony Place | Riverside | $1.995M | 1-3 p.m. | Greenwich Ct Luxury |
| 4 Orchard Street | Cos Cob | $1.995M | 2-4 p.m. | Miha Zajec |
| 4 Brookside Park | Greenwich | $2.095M | 1-3 p.m. | Houlihan Lawrence |
| 72 Riverside Lane | Riverside | $2.1M | 2-5 p.m. | Coldwell Banker |
| 77 Park Avenue | Greenwich | $2.2M | 1-3 p.m. | Sotheby's |
| 100 Cat Rock Road | Cos Cob | $2.275M | 1-3 p.m. | Houlihan Lawrence |
| 4 Mountain Laurel Drive | Greenwich | $2.295M | 1-3 p.m. | HOUSE |
| 21 Londonderry Drive | Greenwich | $2.35M | 12-2 p.m. | Compass |
| 6 Meadow Drive | Greenwich | $2.35M | 12-2 p.m. | Compass |
| 46 Will Merry Lane | Greenwich | $2.375M | 1-3 p.m. | Houlihan Lawrence |
| 237 Lake Avenue | Greenwich | $2.45M | 1-3 p.m. | Compass |
| 123 Shore Road | Old Greenwich | $2.469M | 2-4 p.m. | Houlihan Lawrence |
| 9 Cottontail Road | Cos Cob | $2.495M | 1-3 p.m. | Houlihan Lawrence |
| 100 Hendrie Avenue | Riverside | $2.595M | 12-2 p.m. | Centric |
| 17 Cottontail Road | Cos Cob | $2.595M | 1-3 p.m. | Halstead |
| 83 Howard Road | Greenwich | $2.649M | 1-3 p.m. | Houlihan Lawrence |
| 15 Mountain Laurel Drive | Greenwich | $2.695M | 1-4 p.m. | Charles Paternina |
| 18 Baldwin Farms S | Greenwich | $2.697M | 1-3 p.m. | Coldwell Banker |
| 49 Sumner Road | Greenwich | $2.795M | 1-3 p.m. | Coldwell Banker |
| 1 Widgeon Way | Greenwich | $2.875M | 1-4 p.m. | Coldwell Banker |
| 141 Milbank Avenue | Greenwich | $2.895M | 1-3 p.m. | Coldwell Banker |
| 1 Lismore Lane | Greenwich | $2.995M | 1-3 p.m. | Coldwell Banker |
| 183 Round Hill Road | Greenwich | $3.095M | 1-3 p.m. | Sotheby's |
| 16 Normandy Lane | Riverside | $3.295M | 1-3 p.m. | BHHS |
| 28 Oak Street | Greenwich | $3.295M | 1-4 p.m. | Higgins Group |
| 125 Field Point Road #1A | Greenwich | $3.3M | 1-3 p.m. | Coldwell Banker |
| 125 Field Point Road #B1 | Greenwich | $3.3M | 1-3 p.m. | Coldwell Banker |
| 125 Field Point Road #B2 | Greenwich | $3.3M | 1-3 p.m. | Coldwell Banker |
| 6 Chieftans Road | Greenwich | $3.395M | 1-3 p.m. | Coldwell Banker |
| 487 Lake Avenue | Greenwich | $3.4M | 2-4 p.m. | Sotheby's |
| 101 Dingletown Road | Greenwich | $3.495M | 2-4 p.m. | Raveis |
| 172 Milbank Avenue #E | Greenwich | $3.495M | 1-3 p.m. | Coldwell Banker |
| 47 Hillside Road | Greenwich | $3.495M | 12-2 p.m. | Sotheby's |
| 26 Cobb Island Drive | Greenwich | $3.55M | 2-4 p.m. | Abart |
| 17 Hendrie Avenue | Riverside | $3.575M | 1-3 p.m. | Sotheby's |
| 291 Stanwich Road | Greenwich | $3.7M | 1-3 p.m. | Sotheby's |
| 36-38 Cassidy Park | Greenwich | $3.79M | 2-4 p.m. | Greenwich Ct Luxury |
| 2 Zaccheus Mead Lane | Greenwich | $3.8M | 1-4 p.m. | Sotheby's |
| 20 Greenbriar Lane | Greenwich | $3.895M | 2-4 p.m. | Houlihan Lawrence |
| 27 Evergreen Road | Greenwich | $5.15M | 12-3 p.m. | BHHS |
| 28 Turner Drive | Greenwich | $5.69M | 1-3 p.m. | Sotheby's |
| 255-257 Bruce Park Avenue | Greenwich | $6.9M | 1-3 p.m. | Raveis |
| 500 Lake Avenue | Greenwich | $7.1M | 2-4 p.m. | Sotheby's |
I have paid to open the MLS to you, so feel free to search properties based on your own parameters or set up a portal to get notifications on a customized search. For readers that just follow on the Greenwich Patch I will not be posting all entries on the patch. You can read all postings at www.greenwichrealestateguy.com/blog.
If easier, please subscribe here to receive each post. Please do not hesitate to email (jrandall@houlihanlawrence.com) or call (203-273-1034) if I can assist in any way.
Best,
Jared Randall Join my Mailing List
Houlihan Lawrence Greenwich Search Properties
cell: 203-273-1034 View My Website
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