There were several of note, and here’s one:
14 Edgewater Drive, $1.995 million. To be honest, this is a tough one to evaluate so far as pricing goes. It’s a really beautiful house, completely redone and expanded at a superb quality level. But it’s small, very small, and I’m a little taken back at $2 million for this size, on Edgewater. That is not to say it’s over-priced because I’m not at all sure that it is. I’ll be watching to see what the market tells us.
By the way, listing agent Ellen Mosher has done a very wise thing by addressing the flood plain issue in advance. She (well, the owners) had a survey done, with an elevation certificate, obtained a flood insurance quote ($3,600 current, $4,500 locked in for at least the next two years), and has all that information ready to hand for buyers. It took a while for agents and owners to recognize the implications of the new regulations, but Ellen’s approach is the smart one and one that we’ll start seeing more of. Get the information before listing a property, and let people know what they’re dealing with. Uncertainty kills deals, not facts.