Tuesday, January 30, 2018

The Final 2017 Closings

Let's get this all done!

There were 9 final closed single family homes in the Skaneateles area but here are the final 10 to make sure I got them all.  The final number for the year was 109 sold and closed homes.


In the Village:


23 Onondaga Street         $120,000


110 Orchard                     $610,000


86 East Lake Road          $200,000


51 Fennell Street             $180,000




In the Town:


3817 Gully Road              $43,000


3083 East Lake Road       $2,550,000


1300 Hencoop                  $500,000


600 Irish Road                  $200,000


720 Crow Hill Road         $132,500


665 School Street             $127,200




On to a new year!






Wednesday, January 24, 2018

Skaneateles Historical Society Meeting

Last evening I attended the monthly meeting of the Skaneateles Historical Society.  The topic was about the renovations that created the Creamery as a home for the Historical Society.  Jorge Batlle gave the presentation which was concise and well-documented with photos he had taken over the years.

The building was, indeed, a creamery for years and years in the Village.  In the early 1900s it was the center for processing milk brought in by dozens of local farms.  In a day it could put out 575 lbs of butter, which seemed like a tremendous amount to me!  Jorge said a lot of the butter actually went to New York City.  (Today I know of trucks that do the daily run with milk tankers to the City.)  Several companies, including Borden, over the years owned the creamery until it stopped processing milk.

Jorge regaled us with a description of the building's floors being washed down, and the refuse allowed to drain into the creek, so much so that it actually turned white at times!

Bobbett Implement and Tractor Company bought the building and used it as storage from about the mid-50s on.  In 1990 when it was offered to the Village, a hardy group of volunteers and visionaries who kept the museum in rented space requested to "buy" the building by cleaning it up and refurbishing it to house the artifacts.  One of this group was Bob Eggleston, a local architect, who saw the potential in the "most derelict building in the Village" as it was described.  Together they all pitched in and the work was on!

They were smart about what they were doing.  They spoke with other museums and historical organizations about how to reclaim the building.  They saved bricks and re-used them.  They put in radiant heat.  They moved anything related to water to one side of the building so broken pipes would not affect the artifacts.  They painted in dark colors so the acquisitions would have center stage.  They made it handicapped accessible throughout the first floor.  A meeting room (see below) was planned to hold about 50 people.  In October of 1991 they opened it for a preliminary showing.  Over 800 people toured that week.


Although Jorge called up Beth Spain, his wife Beth Batlle, and Bob Eggleston at the end of his presentation for a well-earned round of applause, he emphasized that the Creamery was indeed a community project and owed a lot to all the citizens of Skaneateles and surrounding areas for their support.  It is truly a beautiful building that pays tribute to its own history.  Find it at the corner of Hannum and Kelley, just a block from the lake and The Sherwood Inn.

Please see the Creamery photos and learn about the Historical Society: http://SkaneatelesHistoricalSociety.org.


While I am sending you links....from yesterday's blog:
https://stageitwithLorrie.shutterfly.com

Tuesday, January 23, 2018

Open House Alert Update

First, Lorrie White, our stager extraordinaire, commented on the blog about 111 Shire Way:

How exciting!  Thank you very much, Meg, for so kindly mentioning me and my staging services in this fantastic blog post.  It was such a pleasure wrapping my creative arms around this fantastic listing.  It truly has so much to offer and the neighborhood is just lovely!  I now look forward to this home receiving a new family to love and enjoy it for many years to come.  The stage has been set and it's time to get this beauty SOLD..."Go Team"!!!

Second, I can report that there is an offer - now signed - on this home.  One of the groups that came through the first open when it was only 10 degrees outside returned with their agent.  We also had a second offer and the sellers have taken the first.

Now, be advised, it is a long way from receiving and accepting an offer to closing: 
  • Attorneys review the actual wording and have three days after receipt of the purchase offer in which to do this. 
  • Then inspections take place, usually within 5 to 10 days.  The major inspection is the home inspection which even in a newer house like this can take three hours. 
  • A radon test is often ordered by the buyers even if the house has a working radon mitigation system.  Most tests take 48 hours - others can take a week from start to finish.
  • A survey needs to be done.
  • The abstract (the history of the house) needs to be updated.
  • If the seller is getting a mortgage all that financial paperwork must be in to the company and checked. 
  • An appraisal of the house is ordered. 
  • Only when everything is in place do the attorneys schedule the closing.  Phew!

So thank you, Lorrie, for helping to get this ball rolling!

Friday, January 19, 2018

OPEN HOUSE ALERT! 111 Shire Way



This Sunday, January 21st, I will hold an open house at 111 Shire Way in Camillus, about 15 minutes from Syracuse.  Time: 12:00 to 2:00.  This will be the second open, and won't be found in the Post-Standard, but is online.  The first open was last Sunday - I came prepared with something to read, a lot of "Words with Friends" games to play....and then didn't have a minute to even put on my glasses!  It was lovely!  Despite the 10 degree weather, people were motivated to come out and see this home.

It had been on the market since October with some fits and starts due to the tenants.  I put it out there because of the mad rush for homes, and thought it would be much harder to show once they left in late December.  They were gracious enough to allow it, so I tried.  Not a good idea, as it turned out!

The house just didn't show or photograph well with people and a HUGE (but sweet) dog in attendance for every showing.  It needed work, too.  The sellers had been leasing it out for 5 years and while it garnered $2,000 per month in rent, it needed some "love," as they say.

We made a plan and were ready to go.  The tenants left earlier than expected so we put it all in gear.  The interior was painted (Bob Chestnut - Decorative Painting) a beautiful color as you will see from the photos below.  The rugs were chosen to compliment the walls, an 8-lb. pad was added and the home felt warm and cozy for the first time.  This was done under the supervision of Lorrie White (aka The Secret Weapon) who is the greatest cheerleader for this home.  She not only led the charge, she staged it beautifully.  Comments from last Sunday's open included "All you have to do is move in!"  "I saw it online before and wouldn't even look -"  The photos for the "new" look were taken professionally by Gianna Giocondo.

I am a believer now.  Lorrie leaves the curtains so when you walk in at closing the home retains that look.  She added beds to the three bedrooms to demonstrate how queen-sized beds fit.  The master is expanded and people liked her idea of a dressing area. The bathrooms are luxurious and colorful.

The basics:  1774sf in Westshire
                    HOA - plows. mows ands takes care of the green areas
                    $229,000
                    ML#S1093240

Come Sunday!  And as always please tell me you saw this blog!


Tuesday, January 16, 2018

Skaneateles Real Estate - The Much-Delayed Update

Oh my!  Has it been that long?  Since Thanksgiving?  I have no excuse, but here's a personal update of what has happened since then:

In early December Alex and I traveled to Austin to see his brother and stepmother.  His brother - Connor Barr - remember that name! - was starring in The Drowsy Chaperone for the final production of the University of Texas' musical theater program.  We had never seen him in a play so I was determined to get there.  And of course, he was amazing!  On to NYC next year!

We brought with us snow.  Actual white-out conditions.  Honest.  More snow on the ground there than there was here.  Then.

As soon as we returned home I was caught up in the whirlwind of the holidays.  I save shopping because it's fun in the snow.  I love to bake so I baked.  The kids came and we went skating in Clinton Square, opened presents and built a snowman.... seems like forever ago.

After they left the cold came in and brought a lot of nasty colds that turned to flu and were sprinkled with other flus that will not be named here.  But today we got the Fiat out of the ice, I am in the office (as the snow comes down), and I know it will be warm when I get home this evening.  So now I can think about blogging.

As you will see, not much has happened. 

There are currently only 21 (!) single family homes listed in the Skaneateles area of the multiple listing service.  If I look at the School District I see only 27 active listings.  The Village only has one home on the market!  There are 7 waterfront properties, however.

Since the 28th of November only 15 new listings have come on in the Town and only 4 more in the District.  Twelve are under contract - and only 5 were sold in these past 7 weeks.

To finish out 2017:  121 single family homes closed altogether.  Of these, 82 were in the Town and a whopping 39 were in the village.  Fourteen were considered waterfront.  The price range in the Town was $32,000 to 2.7 million.  In the Village the median was $335,000  and the range was $175,000 to 4 million.  Looking at waterfront through the District (including the Towns around the lake), the median was 1.4 million from 18 sales.  The total number of homes in the District that sold was 153.

The majority of the closed homes came from Spafford (24).  Sennett contributed 6, Owasco, Niles and Marcellus made up the other 7.

The new year has begun - we're halfway through January!  So far, there has not been a single closing.  I wonder what this year will bring?  I know my buyers are having difficulty finding homes and a couple are seriously looking at building instead.  Might actually be quicker in these strange times!

I hope your New Year is filled with promise!  Thanks for your patience!