Pictured above is 181 Milbank Avenue. This home sits on .22 acres with four bedrooms with three full baths and one half bath. The home is listed as 3,758 s.f.
Laurel Ridge is a community of six meticulously designed and crafted, elegant in-town condominiums. Award winning gardens highlight this luxurious and prestigious compound. This large, private unit fronts the courtyard rather than the street, and has quality details throughout. The home features ten foot ceilings, five fireplaces, elevator, wet bar, custom built-ins, marble baths, a lower level private guest suite and a large, lovely private outdoor space. A stunning dining room adjoins the gourmet kitchen with granite counters and top of the line appliances. Formal living room & family rooms with coffered ceilings add to the home's timeless grace. The master suite and two additional bedrooms, one is currently used as an office, are located on the second level.
A quick look at 2020 YTD Single Family Home closed sales by GMLS Market Area, as compared to the same period a year ago:
- Greater Greenwich: +58.4%
- Old Greenwich: 34.4%
- Riverside: +48.1%
- Cos Cob: +46.2%
- Greenwich - North of Parkway: +88.2%
- Greenwich - South of Parkway: +95.8%
- Greenwich - South of Post Road: +65.2%
My broker David Haffenreffer sent the following answers to questions he is hearing quite often:
Frequently asked questions:
- Will the election on Tuesday change any of the home buying activity we're seeing locally? Not likely.
- Should a homeowner wait until the "Spring 2021 Market" to sell their home vs today? Market conditions suggest it's a very good time to sell a home in Greenwich today. While I expect demand to continue for the near future it's hard to say that March, for example, will be better than it is today.
- Are prices skyrocketing? Not as much as you'd think. In fact, we are still meeting with homeowners and suggesting price reductions on listings that aren't getting attention with buyers. The buyer pool is very large today but the buyers remain quite savvy and value oriented. Multiple bid situations appear reserved for the strategically priced homes....not ambitiously priced homes.
Shouldn't sellers list with a brokerage that has offices in NYC since the buyers are coming from there? Houlihan Lawrence represents more buyers than any other brokerage in Greenwich and has for nearly six years. We credit our great agents, beautiful listings, world-class customer service and cutting-edge marketing for our continued success in attracting our buyers.
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Jared Randall
