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Lindenhurst NY Home Selling - Are Homes Selling In The $400K Price Range?

By
Real Estate Agent with Douglas Elliman Real Estate in Babylon NY

lindenhurst ny sold homes for 400,000 and up

Lindenhurst NY Home Selling - Are Homes Selling In The $400K Price Range?

Why yes. Yes they are.

But, not without a hitch.

In the chart below, there are homes highlighted in red. Those are waterfront homes. Most are on canals and a few are bay front. The homes not highlighted are not on the water.

There are 4 mulitple family homes.

The homes that sold on the lower end of $400k were in excellent condition. The rest were in Mint+ condition and up. Updated kitchens and bathrooms. Hardwood flooring and stainless steel appliances. Beautiful landscaping. All but 2 are in the Lindenhurst NY School District. See where I'm going with this?

There are 8 homes that are inland that sold in the $400K price range. Now, all of these homes have the updated kitchens and bathrooms and beautiful landscaping. You can't dispute these facts when you see these homes in a Comparable Market Analysis.

So, unless your home meets the above criteria, it won't sell at the $400k price range.

lindenhurst ny home selling

 

Comments(6)

Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

If you want top price, you have to be in top condition.  That's true no matter the location of the home.

Jan 03, 2011 02:58 AM
Jackie Connelly-Fornuff
Douglas Elliman Real Estate in Babylon NY - Babylon, NY
"Moving at The Speed of YOU!"

Hi Chris, in this case for this price point, most of these homes are on the water. If a home is not, then it really has to be in top condition like you said. A few years back, homes were smaller in this price range. Just goes to show how the market has changed. :)

Jan 03, 2011 03:00 AM
Connie Harvey
Pilkerton Realtors - Brentwood, TN
Realtor - Nashville TN Real Estate

Jackie, I can't even imagine getting a home on the water for that price!

Jan 03, 2011 09:20 AM
Ellen Caruso
Daniel Gale Sotheby's International Realty - Glen Head, NY

Jackie, putting it clear and comprehensible!

Jan 03, 2011 12:36 PM
Toula Rosebrock
Diane Turton, Realtors, Forked River, NJ - Lacey Township, NJ
Broker/Sales Associate, Realtor, Lacey Township,

Hi Jackie:

There definitely have been some great priced sold properties...

Jan 03, 2011 02:37 PM
Jackie Connelly-Fornuff
Douglas Elliman Real Estate in Babylon NY - Babylon, NY
"Moving at The Speed of YOU!"

Hi Connie, Me either, lol. Prices have come down over the last few years so now homes on the water are more affordable.

Hi Ellen, Thank you :)

Hi Toula, Absolutely! :)

Jan 03, 2011 10:29 PM