I saw a couple of decent listings, one of which l’ve recommended to a client in the $2.5ish range. Having turned down a classic house because of its location – not everyone likes Riverside – he might like this one’s location better. But quality? Not in the same ball park. Real estate is compromise.
Similarly, a far more expensive house had all the essential wants of another client and again, I’m putting it on the suggested list. But notwithstanding the broker’s claim that it was built by “one of Greenwich’s finest builders'” quite frankly, it was not. It’s hard to place a finger on where a builder drifts away from top quality but, like obscenity, you know it when you see it. Then again, a lot of buyers don’t care, as evidenced by the fact that all these houses sell, eventually.
Down in Riverside, I stopped by what was once a classic home, jut to see whether it was large enough to accommodate a client’s family. Damned if I could tell. If there was ever a case for “de-staging”, this one is it. It is so cluttered with furniture (I etimate 3X too much, in each room, messy desks,children’s rooms that had seen whirlwinds,and every square inch of wall space covered with photographs that it was nearly impossible to see the merits of the house itself. I’m sure this house will sell because it’s on a nice street and someone will be able to see through the clutter but I’m guessing it will take far longer and sell for far less than had the owners rented a (very large) storage room and moved things out.
Deeper in Riverside was another compromise. Great street, lousy builder from the 80’s. Just from the outside, I judged it had to have been built by one of two worst builders from the past two decades. Sure enough, it was one of them. The fellow was a nice guy, and a good sailor, but nice-guy-sailors don’t necessarily translate into decent builders, especially when they’re inclined to cut every corner they can. He’s now retired leaving just one remaining purveyor of crap but, Greenwich being Greenwich, his place will soon be taken by another opportunist. Both builders I’m thinking of, by the way, have always sold their projects and I’m sure this one will too.
And in Old Greenwich, the king of bad modulars was displaying his wares. Ugh. There are builders who know how to build modulars but this isn’t one of them. But he does price his muddles as if he were. And this will sell too. It depressed me so much I returned home.