35 Duncan Drive, over in Westchester/Baliwick (technically Greenwich, but …), has failed to sell since it hit the market last June at $1.995 million, and even September’s price cut to $1.895 didn’t work. So having tried that, the broker has raised its price today, in the middle of the dead season, to $2.095. Good luck with that.
As a cautionary note, the current sellers paid full price, $1.799 million, in 2002, after it had been on the market for less than 2 weeks. Even back then, I’d have advised letting a house over here on the western border mellow a bit. Then again, I wasn’t asked.
Prediction? Lucky if they get that 2002 price.
35 Duncan Drive
For What It's Worth 
physically in greenwich, mentally in westchester. tough to live a double life.
So funny you should say that. I sold the home next door (bank deal – not GMLS) and my clients have just finished building a fabulous home on the lake. When they were looking they wanted to be in Greenwich (kids in private) yet still close enough to Westchester to have their kids continue to play in the Westchester sports leagues. There’s your double life.
“Bank sale” says it all. Not many double agents here in town or, if there are, they aren’t admitting it.
It was listed on CMLS and Zillow. No “double agent” here.
I was referring to your use of the term “double life”, fella, not accusing you of some sort of double dealing. You know that I think the world of you. Get smart!
Sorry about that, Chief!!
Into the cone of silence with YOU!
It is interesting, I think there is value in that area, it really isn’t that far from town, but I guess you got to have a long term view because a lot of the houses will ultimately be replaced.
Not a bad lot with lake view and access and the house has a pretty nice interior, but the problem is only 3 bedrooms on the main floor (one converted to an office), and 2 dark dank “bedrooms” in the walkout basement under an overhanging deck. Shocked if it sells for more than $1.8.
Absolutely agree with you. I’ll bet the rationale with the price increase is that the owners feel that because they are now next door to a $3-4million home theirs is worth more!!
I like the area a lot — we bid $1.6 on a home in the same community (listed for almost $2 MM) and was insulted by a Harvard educated broker saying the bid was insulting. Property never sold. Guess the same Harvard genius broker is advising the owners of this property — lets raise the price if something doesn’t sell. Think the house will sell for around the original asking price.
Land value. Who wants to live in that old fashioned ranch?