Friday, July 29, 2016

The Third Twenty - May 15th through July 15th

How lovely to walk through the Village early this morning on my way to the office and floor time.  It was a moving post card:  the hanging flower pots, Legg Hall's beautiful brick walls, the height of M&T bank.  A woman in a flowered, flowing dress walker her little dog towards Thayer Park.  A remembered video in my head.

So here they are, in an order I bet no one will figure out.....

4723 Jordan Road        Town            $100,000

12 Heritage Woods       Village         $353,400

767 Sheldon Road         Town             $72,000

50 State Street               Village           $950,000

1055 Butters Farm         Town             $556,102

102 Orchard Road          Village           $529,000

2 Ramble Wood             Village           $517,500

10 Academy Street         Village           $385,000

1014 Autumntree  Ct.      Town            $372,000

26 State Street                 Village           $350,000

2074 East Lake Rd.         Spafford         $290,000

4205 Jordan Road           Mottville         $205,000

55 Onondaga Street         Village            $133,500

4499 Jordan Road            Town               $76,500

1254 Oak Bluff                Town               $285,000

2360 West Lake Rd.       Town                $280,00

3908 East Street              Town                $252,500

2536 East Lake Rd.         Town               $186,000

863 Milford Drive           Town               $253,000

2450 East Lake Rd.         Spafford           $345,000


Tuesday, July 26, 2016

Skaneateles Real Estate - The Up Late Watching the Convention Issue

So I am tired....and I am going out to show a property at 6;30 tonight.  Then on to the lake, to sleep, I hope!  Tomorrow an old friend is coming into town for about 24 hours and I want to be ready to run around and do things in this beautiful weather.

The update:  There are currently 77 single family homes in the Skaneateles area of the multiple listing system, of which 37 (such a high number!) are in the Village.  Only 16 are considered waterfront....(and more about that later.)

Fifteen of the listings are new.  Eight are in the Village and 2 are new waterfront listings.

There are 24 homes waiting to close in the under contract category.  Ten of these just sold in the past 35 days since my last update.  That's pretty good considering the temperatures were above 80 most of the time, and going out to look at houses can be a very sticky business.

We now have 61 sold and closed single family homes this year.  Hooray!  On my next stint in the office I will write and publish the Third Twenty.  We are doing quite well!

About those waterfront properties....I was showing waterfront homes on Owasco Lake and ran into a fellow Realtor who does most of his business over there.  I commented that there were twice as many lakefront listings on Owasco than on Skaneateles, even though the lake is much smaller.  He disagreed....said there about 100 on Skaneateles.  Since all this was playing out in front of my clients, I allowed that I may have been mistaken.  As of today, there are 23 - only 23! - waterfront listings on all of Skaneateles Lake according to the multiple listing service.  Of these, 9 are priced at a million or more.  Owasco Lake has 45 listings.  

The upshot of this is that there is such low inventory.  Or so it seems.  When I first started 15 years ago it was worse...very few homes came on the market.  Everyone had long lists of buyers, and when a property appeared it was a race to bring them in to see it and potentially write an offer.  We are not quite there yet....the prices are so much higher than 2001 when there was only one 'real" million dollar house.  The higher the prices, the fewer the people who can afford them of course.  Just a discussion on a lazy afternoon in the Village.  Your thoughts are welcome!

Thursday, July 21, 2016

New Listing! 8805 Horton Street

It's been exactly a month since I was able to write this blog.  So many sales, closings, almost sales and almost closings, and now new listings.  I hope to make up for the lack of writing over the next week.





Horton is a little (936sf) home in the Village of Weedsport.  The seller bought it a few years ago and it was a mess!  Over the course of the past years she and friends have renovated it beautifully.  You can see from the photos above that the kitchen and bathroom are virtually new.  Yes, those are cherry cabinets.  The light fixtures in the full bath are quite lovely (I like the dining room lights best though).  The bottom photo is a view of the upstairs bedroom.  When it was purchased, there were two small bedrooms.  Now it's all one big one that takes up the second story along with storage.  In order to improve it, the seller tore out the old stairs and put in new ones.

Things I like:  

The laundry is located on the insulated back porch - so, first floor laundry!

There is a garage.  How handy!

The yard is fairly private and no house is between it and Route 34.

There's an island in the kitchen that provides more counter space and a place to sit and talk to "the cook."

The sunporch needs a bit of work still, but it's all windows on two sides and has a natural wood ceiling.

There are windows everywhere!

The price is $62,000......amazing!  Definitely cheaper than renting!


Take a look - drive through pretty Weedsport.  Horton is sort of on the way out of the south end of the Village, but you can certainly walk into town for ice cream, maybe an antique at the Purple Monkey, or a coffee at Dunkin' Donuts.  (ML#S357862 for even more photos and comments.)

When I was single and living on my own, I rented a carriage house in Syracuse.  Absolutely loved it...and this reminds me of it.  So, investors, maybe you could lease it out to another young person who wants to be on her own?