What $200,000 Gets You In Wappingers Falls, NY

Main ShotI was recently hired by past clients to sell their Wappingers Falls home.  I helped them purchase the same house in 2011.  At the time, it was the perfect starter home for them.  They were first time buyers looking to purchase a small affordable home to start their family.  Since then, they’ve had two children and wanted to move their family to more of a neighborhood setting.

We put the home on the market for $214,845.  We had investigated the comps and determined that the market value was approximately $200,000.  Being that they bought the house only a couple of years ago, there wasn’t much room to wiggle with negotiations.  If they didn’t receive an offer of at least $200,000, they wouldn’t have enough for the down payment of the next house.  This was going to be tight and if we were to have any chance at success they were   going to have to do a few things before putting it on the market.  First, they hired a stager.  Then, they made a few improvemLiving1ents to the house, including giving it a fresh coat of paint.  Once it was ready, I brought in a professional photographer.  Now, we were ready!  We were getting plenty of showings, but nothing was developing.  They were starting to get discouraged, but I told them to trust our strong market and hang in there.  Finally we received two offers simultaneously, both were a quite a bit less than what we needed.  We were very open and honest when negotiating with both buyers.  Finally we got to a point where we let each buyer know that we would stop the nonsense and move forward with the first person to offer $200,000.  Well, here we are.  One couple immediately took us up on that offer and several weeks later another happy young couple called this house their home.

233 Old HopeSunroom2well Road is a brick cape that features 4 large bedrooms and 2 full baths.  It sits on .46 acres and is just over 2,000 square feet.  There is a full unfinished basement, including a one car garage located underneath the house.  It’s conveniently located just seconds off of Route 9 and minutes from the New Hamburg train station.   Another great feature is the 200+ square foot sun room of the kitchen.

 I’ve been informing potential buyers and sellers of Westchester’s hot market.  I was pleasantly surprised to see that lower Dutchess County is not far behind.  As I mentioned, multiple offer situations are to be expected if maintained and marketed properly.  If you are looking to purchase or sell a home in the Westchester/Putnam/Dutchess area, or if you have any questions on the buying or selling process, please don’t hesitate to call, text or email.  I will be happy to help.

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