Questions for agents in Brooklyn:
I'm about to do a renovation on my typical 3 floor, 20 x 40 brick rowhouse and am looking to anchor my budget to comps of renovated townhomes in my area (South Slope above BQE near Windsor Terrace, zoned for PS10, quiet tree-lined street, block and a half from the park). I've been pleasantly surprised by the recent comps I've seen. I was under the impression that a renovated version of my home would be around the $2.2M - $2.5M range, but am seeing several sold in the $2.7M - $3M range.
Here are some examples:
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Thanks all!
- What does townhome price action feel like currently?
- What types of townhomes are moving and what types sit?
- What are buyers looking for? Is there a premium for a certain level of finish or for certain amenities?
I'm about to do a renovation on my typical 3 floor, 20 x 40 brick rowhouse and am looking to anchor my budget to comps of renovated townhomes in my area (South Slope above BQE near Windsor Terrace, zoned for PS10, quiet tree-lined street, block and a half from the park). I've been pleasantly surprised by the recent comps I've seen. I was under the impression that a renovated version of my home would be around the $2.2M - $2.5M range, but am seeing several sold in the $2.7M - $3M range.
Here are some examples:
- 471 10 Street (sold for $2,704,000 in Sept)
- 119 Windsor Place (sold for $2,800,000 in Sept)
- 217 Prospect Park West (sold for $2,800,000 in December)
- 1635 Eighth Avenue (sold for $2,999,000 in January)
- 445 15 Street (sold for $2,950,000 in January)
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Thanks all!