Bargain Hunting
John Bruno Turiano Published September 29, 2008 at 03:51 AM
For the second quarter 2008, according to the Westchester County Board of Realtors, single-family home inventory was up (10.6 percent) and sales remained flat (-.3 percent). That’s bad news for sellers. But for buyers, the grim housing recession offers an enticing upside: They can get a home at a bargain price. Below are 10 homes that are bargains relative to the median sale price of other properties in the same town. Happy hunting!
Armonk Colonial
 |
List Price: $639,450
Median Armonk Home Sale Price (Feb 08- July 08): 1,196,935
Price/Sq Ft: $319.73
Address:
35 High St, Armonk
Style: Colonial
Exterior: Wood
3 BR, 2 baths, 2,000 sq ft
Acres: 2.38
Year Built: 1800
Taxes: $5,703
School System: Byram Hills
Pluses: updated kitchen and bath, patio, close to town, low taxes
Minuses: no garage
Listing Agent: R. Scott Richardson, Westchester-Putnam MLS (203) 273-0055; rscottrichardson@gmail.com |
Briarcliff Manor Raised Ranch
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List Price: $639,221
Median Briarcliff Manor Home Sale Price (Feb 08-July 08): $1,750,000
Price/Sq Ft: $195
Address:
9 Scarborough Cir, Briarcliff Manor
Style: Raised Ranch
Exterior: Cedar Shingle
3 BR, 2 full and 1 half bath, 3,268 sq ft
Acres: 0.36
Year Built: 1978
Taxes: $19,969
School System: Ossining
Pluses: Hudson River view, indoor heated pool and spa, renovated kitchen with granite counters, new floors and interior/exterior painting, 2-car garage, seller will pay closing costs
Minuses: high taxes
Listing Agent: Mark Seiden, Mark Seiden Real Estate Team (914) 762-2200; info@homeman.net |
Briarcliff Manor Colonial
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List Price: $550,000
Median Briarcliff Manor Home Sale Price (Feb 08-July 08): $1,750,000
Price/Sq Ft: $190
Address:
129 Apple Ln, Briarcliff Manor
Style: Colonial
Exterior: Brick, Vinyl
5 BR, 2 full and 1 half bath, 2892 sq ft
Acres: 0.800
Year Built: 1961
Taxes: $17,080
School System: Ossining
Pluses: 2-car attached garage with two bonus rooms above, walkout basement, private lot, close walk to shopping centers
Minuses: kitchen and bath need updating
Listing Agent: Rae Molinelli, Coldwell Banker (914) 762-7010; rae.molinelli@coldwellbankermoves.com |
Katonah Colonial
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List Price: $549,000
Median Katonah Home Sale Price (Feb 08-July 08): $815,687
Price/Sq Ft: $269
Address:
103 Harris Rd, Katonah
Style: Colonial
Exterior: Clapboard
4 BR, 2 baths, 2040 sq ft
Acres: 0.4
Year Built: 1938
Taxes: $13,599
School System: Katonah-Lewisboro
Pluses: 1st floor master BR, close to railroad and bus, close to school and park, walkout basement, high ceilings
Minuses: 1-car garage
Listing Agent: Karen Benvin Ransom, Houlihan Lawrence Real Estate (914) 232 5007; kbenvinransom@houlihanlawrence.com |
Katonah Contemporary Ranch
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List Price: $539,000
Median Katonah Home Sale Price (Feb 08-July 08): $815,687
Price/Sq Ft: $230
Address:
2673 Rte 35, Katonah
Style:
Contemporary Ranch
Exterior: Clapboard
3 BR, 2 baths, 2,338 sq ft
Acres: 2
Year Built: 1996
Taxes: $8,738
School System: Somers
Pluses: open floor plan, 2 miles from the Katonah Train Station and Rte 684, large patio
Minuses: on a main road, basement unfinished
Listing Agent: Gino Sermoneta, Coldwell Banker Residential Brokerage (914) 232-7000; gino.sermoneta@cbmoves.com |
Larchmont Colonial
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List Price: $649,000
Median Larchmont Home Sale Price (Feb 08- July 08): $1,032,500
Price/Sq Ft: $397
Address:
14 Dillon Rd, Larchmont
Style: Colonial
Exterior: Aluminum
3 BR, 2 full and 1 half bath, 1,632 sq ft
Acres: 0.142
Year Built: 1935
Taxes: $14,512
School System: Mamaroneck Union Free
Pluses: lower level playroom, walking distance to shops and transportation, new roof and hot water heater
Minuses: no garage
Listing Agent: Elizabeth Holden, Coldwell Banker Residential Brokerage, (914) 633-5540; Elizabeth.holden@cbmoves.com |
Mamaroneck Split-Level
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List Price: $579,000
Median Mamaroneck Home Sale Price (Feb 08-July 08): $778,750
Price/Sq Ft: $661
Address:
303 Livingston Ave, Mamaroneck
Style: Split-level
Exterior: shingle
3 BR, 2 baths, 875 sq ft
Acres: 0.138
Year Built: 1978
Taxes: $10,549
School System: Mamaroneck
Pluses: 2-car attached garage, ADA accessible, elevator, balcony, close to train
Minuses: kitchen countertops could be updated
Listing Agent: John Hofstetter, Coldwell Banker Moves (914) 834-7100; john.hofstetter@cbmoves.com |
Scarsdale Cape Cod
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List Price: $849,000
Median Scarsdale Home Sale Price (Feb 08-July 08): $1,111,250
Price/Sq Ft: $520
Address:
40 Sprague Rd, Scarsdale
Style:
Cape Cod
Exterior: Shingle
4 BR, 2 baths, 1,631 sq ft
Acres: 0.17
Year Built: 1955
Taxes: $15,615
School System: Scarsdale
Pluses: fireplace, sunroom, 2-car tandem garage underneath home, private yard
Minuses: landscaping could be updated, older roof
Listing Agent: Frank Ledermann, Houlihan Lawrence Real Estate, (914) 723-8877, ext 337; fledermann@houlihanlawrence.com |
Valhalla Split-Level
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List Price: $539,000
Median Valhalla Home Sale Price (Feb 08-July 08): $577,896
Price/Sq Ft: $283.68
Address:
2 Lisa La, Valhalla
Style: Split Level
Exterior: Vinyl Siding
3 BR, 2 baths, 1,900 sq ft
Acres: 0.5
Year Built: 1957
Taxes: $11,270
School System: Valhalla
Pluses: hardwood floors, close to bus, parks and railroad, walkout basement, screened-in porch
Minuses: one-car garage
Listing Agent: Rita Longo, Century 21 Wolff (914) 769-3584 |
Yorktown Heights Raised Ranch
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List Price: $399,900
Median Yorktown Heights Home Sale Price: $439,959
Price/Sq Ft: $250
Address:
2738 Springhurst St
Style:
Raised Ranch
Exterior: Vinyl
4 BR, 2 baths, 1,600 sq ft
Acres: 0.5
Year Built: 1965
Taxes: $9,758
School System: Yorktown
Pluses: spacious level yard, good curb appeal, granite kitchen, stainless steel appliances, finished lower level
Minuses: needs some minor cosmetic work, one-car garage
Listing Agent: George Groves, Remax (914) 403 – 3428; georgegroves@remax.net |
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Comments
Reader Comments:
It's definitely a buyers market. You see foreclosure, pre-foreclosure and otherwise previously unreachable priced homes at bargain prices. Homes listed in mayor realestate portals such as Trulia, Point 2, VivaReal and others are showing significant price decreases from their highs a short while back. A list from VivaReal from white plains for example (http://www.vivareal.us/comprar/new-york/white-plains/casas/) shows that homes are priced at least 20 to 30 percent lower than they were a few years back. In some cases price drops have been much higher in percentage terms.