Where to find people still interested in Colonial style homes?

Question

I am currently trying to sell a single family home and keep hitting the same wall of feedback: Colonial is so out! However, if you take a look for yourself, the house is huge and sits on beautiful property just outside of Manhattan - Pound Ridge Home. I feel like I need help finding buyers who are interested in something other than modern - but do they still exist? Any thoughts? Alternatively, would local big businesses be interested? I bet they typically move families in and out of town all the time...? How could you contact them?

Christine D. · Answer

Hi All,

Thanks for the tips and feedback.

Joel makes a good point regarding the land vs. house value trade-off. I definitely think the land is a massive part of the value - as this is one of the remaining relatively large plots of land in the town - most other plots now have horses or have been subdivided, plus this backs up to a beautiful reserve. However, the house itself, although old looking, has multiple potentially more valuable selling points, as seen in the floor plans that may be underestimated; the additional guest bedrooms and bathrooms seen in the basement and detached portions of the house. This provides the perfect set up for a single family plus relatives (i.e - grandma and grandpa).

Ultimately, the town average price range is significantly higher than this house is priced - so it is already almost a steal for people looking in the millionaire's hideaway with their millions of dollars. I'm fully expecting people to want to come in and flip the house anyways, therefore, I wonder if it's worth upgrading it further?

Joel Owens · Answer

I looked at the pictures. Some positive qualities and some negatives.

One bathroom looked redone and the other appeared from the 90's with a laminate counter top. That usually says the owner "ran out of money" fixing it up.

If you want a top market price EVERYTHING must be perfect and updated so the buyer feels like paying top dollar.

Next question is are you basing most of the value off of the building or the land? The land seems nice with the pond. If most of the value is on the land then you need a type of buyer who really wants that and the condition of the house is secondary.

Hem Kumar · Answer

Christine, if you would like I maybe able to help you . Just PM me your contact info. I have access to a wide marketing platform and several strategies that can take the hassle out of selling your home.

Hem Kumar · Answer

Christine, if you would like I maybe able to help you . Just PM me your contact info. I have access to a wide marketing platform and several strategies that can can take the hassle out selling your home.

Frank Gucciardo · Answer

Colonials are very much in, especially in the Hudson Valley, however, people are looking for old colonials from the 18th and 19th centuries.

Christine D. · Answer

Hi Ned,

Thanks for the feedback and encouragement - please feel free to get back in touch if you or anyone you know is heading up to New York to buy a new home before the end of summer :)

Ned Carey · Answer

I don't know how to reach them other than the MLS but Of course there are people who want colonial style homes. That is what I would want.

Where to find people still interested in Colonial style homes?

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