317 Stanwich RdWell now, here's a price reduction
Original price, back in January, $3.850. Today, reduced to $2.650 million. This drop is not entirely due to current market conditions; in my own opinion, the back lot location, cheek-by-jowl with two half-developed building lots, and the quirky layout of the house itself might have suggested an original opening price closer to where it is now, but again, that's my opinion. And I really liked the house, I just doubted that the typical Greenwich home buyer would share my taste. Regardless of all that, this price reduction is strong evidence that at least one owner "gets it". Nice to see.
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4 comments:
I respect your comments Chris - keep us posted - if you hear any offers being made. Yes - Where are the buyers?
Keep us posted on the open houses if you are going out today. I hear that hardly any realtors are going out these days - the market is so bad.
Taxes on that house are $21K.
Since the last revaluation, I had always used, as a kind of shorthand, rule of thumb, that each $5K in taxes was equal to about $1M in market value.
Not any more, I guess.
The lot next door (well, in the front yard really) has been under construciton for over 3 years. The builder has done nothing except move dirt around. I would like to know what is going on with the new construction. If any of your readers know, I would love to hear the details as it is nearly in my backyard.
Also, the house right next to this listing, the one right on Stanwich Road is also for sale.
-Stanwich
Chris - I really like this house's layout, but I agree with you that it probably does not appeal to the typical Greenwich buyer. It's rare to see a house that is structured around an open courtyard - I bet this is beautiful in the summertime!
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