Category Archives: Uncategorized

One more contract

244 Stanwich Rd

244 Stanwich Rd

244 Stanwich Road, asking $1.925 (remember, last ask price is probably not what the actual selling price will be). Owners paid $2.1 for it in 2008, and have been trying to move it, on and off, since 2010. Nice house, but I’m always wary of properties that lie downhill – that’s how water flows.

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Contracts reported

475 Round Hill Road

475 Round Hill Road

475 Round Hill Road, asking $8.250 million. Ogilvy started this off back in 2013 at $9.750 million; when that listing expired, unsold, Sally Maloney of Hooligans & Lawyers took over and priced it at $8.250. Took almost another year, but a buyer has appeared.

7 Summit Rd

7 Summit Rd

78 Summit Road, in Riverside, came on six days ago at $1.699 and already has a contract.

39 Oval Avenue

39 Oval Avenue

39 Oval Avenue, also in Riverside, asking $1,897,000.

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Price cuts

30 Old Stone Bridge

30 Old Stone Bridge

30 Old Stone Bridge, now $1.4 million. No yard, and a bit dated, but $1.4 for this neighborhood sounds appealing. The owner paid $1.550 for it in 2006 but then, that was 2006.

634 North Street

634 North Street

634 North Street, now $7.499. The builder/owner hasn’t been able to move this thing since he erected it in 2009. Perhaps that’s because of its unconventional styling, perhaps it’s because it enjoys the Merritt Parkway as its backyard neighbor, or maybe it’s the price.

Or a combination of the three.

5 Randolph Place

5 Randolph Place

5 Randolph Place, $950,000. Old, small (1,344 sq.ft), but decent neighborhood, and there’s a lot of FAR left to expand.

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Leased solar panels are killing real estate deals

A reader sends along this link to a video. We’ve discussed all this previously: 20 year leases will commit you to technology that will be obsolete in 5, buyers may not want the things, or the lease payments, the additional lease payments may push your buyer past his credit rating, etc. etc. But the video’s fun, and provides a nice refresher course.

http://fast.wistia.net/embed/iframe/ax7teigidw?videoFoam=true

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More on the campus rape “crisis”

Advocates for stripping male college students of their civil rights so as to address a crisis of sexual assault on campus cite a figure of 20,000 students per 100,000 that are sexually assaulted each year. That ridiculous figure has been debunked so often and so thoroughly that you’d think only morons and liars would continue to use it. In our Connecticut Democratic legislators’ case, of course, they’re both.

So what is the real figure? According to the FBI, it’s 6 per 100,000. Not 20,000, but 6. Somewhere, 19,994 women have disappeared.

US_STUDENTRAPE0315_SC-2

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Sale on Sound Beach Avenue

23 Sound Beach Avenue

23 Sound Beach Avenue

23 Sound Beach $1.150 million. 1938, 2,000 sq. ft.

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Riverside contract

12 OakNew construction, 12 Oak Drive, $4.495 million.

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