Making Your Home Enticing to Buyers – Part One

condo vs coop

As a Realtor®, I get lots of questions about what to do or what not to do when getting your home ready to sell. In brief, you can sell it 1) “as is” and do absolutely nothing, 2) you can make minor fixes, not spend a lot of money and get a decent market price or #3) or you can do some renovations that will definitely enhance the value of your home thereby enhancing the asking price. In order to answer this question, I am going to write the response in a series of three blogs. Here is #1

Making Your Home More Enticing to Buyers

First impressions count! Buyers begin judging your home the moment they see it. They prefer to see homes that are well-maintained, clean, and clutter-free. Home improvements should be high on your list – keeping up with needed repairs, upgrading kitchens & bathrooms (if possible), and doing even minor renovations work. All of these actions will make a big difference in the selling price.

Renovations – Which ones are market-smart?

Sometimes homeowners resist renovation work because they fear they won’t recoup the cost.
But in many cases, minor renovations will more than pay for themselves.

Here are a few “market-smart makeovers” you might consider:

  • Kitchens — consider putting in new flooring, counter tops, appliances and lighting, as buyers typically look for updated kitchens. You’ll recover a large percentage of your expenses upon resale.
  • Bathrooms — opt for good lighting, large mirrors, attractive fixtures and materials, plenty of storage, and paint using neutral colors.
  • Energy-Efficient Improvement’s – Think “green”! Energy saving upgrades and repairs that reduce fuel bills can be a real selling point.

When considering renovations in anticipation of selling, there are two important rules: don’t over renovate, and be careful not to make renovations which please you personally. Remember your prepping your house to sell. This is where working with the right Real estate professional pays off. They can advise you on what’s trending with new buyers and where best to spend your money.

Joe
Broker/Owner
Houlihan & O’Malley Real Estate Services

Next month – SMALL UPGRADES AND REPAIRS CAN MAKE A BIG DIFFERENCE

HOULIHAN & O’MALLEY JULY/AUGUST ‘21 ACTIVITY

Yonkers Real Estate

The Summer continued to be a busy time for real estate in Westchester County.  The agents at Houlihan & O’Malley helped several clients successfully buy, sell or rent homes during the months of July and August.  We’re ready to help you too!  Find out why our clients’ love to work with us, give us a call.

SOLD/RENTED:

Yonkers Single Family Home

 

 

 

 

 

25 Wilbur Place, Bronxville PO/Yonkers (5 Bed/4 Bath/1 Half Bath)
Sold for $1,103,500
Walking distance to the Village of Bronxville. First floor includes a private sunlit office and an over-sized kitchen with center island, a large eat-in area and adjacent mud room (a must see). All the bathrooms are amazing! The finished basement has great additional living space. The outside space includes a beautiful patio.

Bronxville Real Estate

 

 

 

 

 

56 Pondfield Road West #4C, Bronxville PO/Yonkers (3 Bed/2 Bath)
Sold for $530,000
Great location! This spacious unit has it all – lots of natural light, a wood burning fireplace, hardwood floors, and just a short walk to Bronxville Village with a 30-minute commute to NYC. Unpack and exhale…

Tuckahoe PO/Yonkers Single Family Home

 

 

 

 

 

234 Westchester Avenue, Tuckahoe PO/Yonkers (4 Bed/1 Bath/1 Half Bath)
Sold for $632,250
Located in the heart of Crestwood, this house has just finished undergoing some major upgrades and is ready for you to move right in. It’s less than a ten-minute walk to the Crestwood Metro North Station and nearby parks, shopping, and major highways.

90 Ogden Avenue, White Plains (4 Bed/2 Bath)
Sold for $699,000
Spacious & inviting colonial sits on a gracious tree lined street, in the heart of the upper Highlands! Inviting screened porch, Verdant lawn and wood burning fireplace make this charming house a home to enjoy every season of the year.

68 E. Hartsdale Avenue #1M, Hartsdale (1 Bed/1 Bath)
Sold for $175,000
Welcome to Country Club Apartments — beautiful pre-war building! This unit boasts attractive hardwood floors, a walk-in closet, a fireplace and golf course views! Enjoy many amenities too — Live-in super, in-house laundromat, fitness center, and storage units just to name a few. Easy access to all that Hartsdale Avenue has to offer with only a 40-minute commute to NYC via Metro-North.

Hartsdale Real Estate

 

 

 

 

 

68 E. Hartsdale Avenue Unit S3, Hartsdale (2 Bed/2 Bath)
Sold for $440,000
Two units combined into one grand home that lives like a house with none of the work! Primary BR w/bath, 2 WI closets, bonus room & separate entrance. Foyer converts to private guestroom w/Murphy bed & bath. Loft overlooks the Living Room with its over-sized windows bordering a 16′ stone fireplace.  Live-in Super, 24-hr laundry & gym, bike room & storage.

157 Chatfield Road, Bronxville PO/Yonkers (3 Bed/1 Bath/1 Half Bath) Single Family
Sold for 714,000
Feels like Cottage-style living in this 1925 Colonial located in the Armour Villa section of Yonkers. Home sits among Birches, Cherry tree’s and handsome Hollies. This lovely home is proximate to RR, Shops & Schools.

79 Locust Avenue, Cortlandt Manor (2 Bed/1 Bath/1 Half Bath) Single Family
Sold for $449,000
Excellent location! This perfectly pristine home lives large. The basement is an excellent bonus with laundry, storage and a half bath. Step outside to your own peaceful retreat.   A unique parcel-convenient and affordable.

 105 Garth Road #2G, Scarsdale (2 Bed/1 Bath) COOP
Sold for $395,000
Spacious apartment in a beautiful prewar building. Walk to Scarsdale village, shops and metro North Train with a 35 minutes ride to Grand Central Terminal. Eligible to join the Town’s Lake Isle Park.

Bronxville Real Estate Agency

 

 

 

 

 

94 Kensington Road, Bronxville (4 Bed/2 Bath/2 Half Bath Rental)
Rented for $8,050/month
Your choice-Bronxville or Tuckahoe Schools! This rental is unique in that it offers two buildings on the same lot- a 1,863sf home and a separate 360sf studio with bathroom. Enjoy a walking lifestyle with steps to both Bronxville and Tuckahoe Villages.

Mt. Vernon Real Estate

 

 

 

 

 

10 Alden Place Unit 4B, Bronxville PO/Mt. Vernon (2 Bed/1 Bath Rental)
Rented for $2,900/month
Fabulous Alden Place apartment with tree top views. This Bronxville PO/Mt. Vernon School District, is on the top floor of a walk-up building. Lovely renovated apartment. Quick walk to everything in Bronxville.

35 S. Broadway Unit G5, Irvington (1 Bed/1 Bath Rental)
Rented for $2,000/month
Spacious apartment in well cared for complex. Beautiful hardwood floors. Updated kitchen and bathroom. Laundry room in complex. Plenty of parking at no extra charge. A nice garden community close to the river on a private cul-de-sac.  Short walk to train and downtown Irvington.

PENDING:

Eastchester Real Estate

 

 

 

 

 

10 Greystone Circle, Bronxville PO/Eastchester (5 Bed/6 Bath/1 Half Bath)
Listed for $1,550,000
Enjoy your very own country club life style. Your mini estate sits on a manicured lot, with over 4,000sf of living space and an additional 1,756sf more on the lower level which includes a Billiard room with TV area, a Bar/Pool room, Gym, and Office. Heated In-Ground Pool, Basketball Court, Heated Garage, and Pergola are just some of the many perks this home has to offer.

Imt. vernon single family home 

 

 

 

 

173 Burkewood Road, Mount Vernon (3 Bed/2 Bath)
Listed for $809,000
Lovely home located on a cul-de-sac in the Hunt Woods Park section of Fleetwood. Modern renovated home is in move-in condition & awaits its new owner! Upon entry, you step up to a formal living room with gas fireplace, a formal dining room with access to scenic deck. This home has much to offer.

Scarsdale Real Estate

 

 

 

 

 

 

235 Garth Road #B5A, Scarsdale (2 Bed/1 Bath)
Listed for $335,000
Beautiful updated unit in a well maintained, doorman building. Electric, gas, heat, and hot water are included in the maintenance! Short walk to all that Scarsdale Village has to offer. As a resident, you are entitled to join the Lake Isle CC.

Bronxville single family home

 

 

 

 

 

5 Bogert Place, Bronxville PO/Yonkers (3 Bed/1 Bath/1 Half Bath)
Listed for $799,000
This house has just been updated and is ready for the next family. Upgrades include a complete interior paint job, a new kitchen and refurbished floors. Third floor has amazing bonus space. Delightful slate patio and yard. Basement has a rec room, laundry, utilities. All of this within an easy walk to the Village of Bronxville.

35 Weaver Street, Scarsdale (3 Bed/3 Bath)
Listed for $799,000
Well maintained Center Hall Colonial. Close to school, shopping center, parkways, etc. Hardwood floors throughout plus a wood-burning fireplace. Cozy den/office and French door to the dining room. Eat-in kitchen with door to level, fenced-in yard. Walkout basement has large bonus room with a full bath. Move in ready!

Westchester Real Estate

 

 

 

 

 

25 Stebbins Avenue, Eastchester (3 Bed/2 Bath/1 Half Bath) Single Family
List for $1,250,000
Welcome to the heart of Bronxville Manor. This sun-lit Colonial has been fully renovated offering a fantastic open floor plan. Home has been meticulously maintained and everything has been upgraded. Close your eyes – you’re home!

11 Wildway, Bronxville PO/Yonkers (3 Bed/4 Bath)
Listed for $959,000
Classic 1930’s Colonial is located on a quiet dead-end street within walking distance to Bronxville Village. Home offers many special features including an IN-GROUND SWIMMING and POOL HOUSE which can be made into a home office or guest space. Mature plantings surround the property maximizing privacy. Short commute to NYC.

Yonkers Real Estate

 

 

 

 

 

15 Alden Avenue, Yonkers (3 Bed/1 Bath) Single Family
Listed for $679,000
You just found the house you’ve been looking for. This well-maintained Colonial offers many modern upgrades yet sill provides its original 1921 charm. Everything has been upgraded. Move right in!

NEW LISTINGS:

tuckahoe real estate

 

 

 

 

 

1 Elm Street #4D, Tuckahoe (3 Bed/1 Bath CONDO)
Listed for $524,000
Commuter’s dream-just one block from Metro North. MOVE-IN CONDITION. This unit is bright and cheerful. Convenient to shops, restaurants, fitness centers.  Enjoy Bicycle Sundays on the BRP and walking/jogging on the BRP Path year-round. Option to join Lake Isle CC.

312 Main Street #4A, White Plains [1Bed/1 Bath CONDO (Jr. 4)]
Listed for $285,500
Gorgeous Pre-war CONDO in prime location in White Plains on a beautiful residential street. Corner unit with lots of natural light throughout. Walking distance to downtown WP and The Westchester Mall. Common laundry in basement. Great investment opportunity as you can rent it out.

Bronxville real estate

 

 

 

 

 

23 Gard Avenue, Bronxville PO/Yonkers (3 Bed/2 Bath/1 Half Bath)
Listed for $812,000
This classic 1930’s colonial is in move-in condition with many upgrades throughout. You will find wonderful privacy and spectacular views from the slate patio. Walk to all that Bronxville has to offer.

931 Palmer Road Unit O, Bronxville PO/Yonkers (1 Bed/1 Bath Rental)
Rented for $1900/month

Let one of our experienced agents help make your next real estate experience a great one!

 

 

To Buy or Not to Buy?

condo vs coop

Considerations for First-time Home Buyers

Without question, owning a home comes with risks and responsibilities that you don’t have to worry about when you rent, such as a mortgage, property taxes, homeowner’s insurance, maintenance and repairs, to name a few. Even so, financial advisors and homeowners themselves say there are far more advantages to owning. Here’s why:

  • Data indicates that over time, you will lose money by renting instead of owning your own home. When you own, you build up equity instead of paying off your landlord’s mortgage.
  • Even though there are periodic market drops, over the long haul, owning a home is a good financial investment.
  • As an owner, you can take advantage of many ongoing tax benefits, like deducting a portion of the interest on your mortgage and property taxes from your taxable income.
  • Owning a home isn’t just a good investment for financial reasons, it also provides a higher quality of life – particularly if you have a family or are planning one.
  • There is a special pride in being an owner and maintaining a home that you won’t experience with renting.
  • At the end of the day, it just feels good to own your own home. You can decorate it any way you like, renovate, build additions, design your own landscaping. It’s all a reflection of you.

To buy or not to buy a house is not an easy choice. That’s why it’s smart to partner with a real estate professional who can help you with options. Contact us to work with one of our seasoned and helpful agents!

HOULIHAN & O’MALLEY JUNE ‘21 ACTIVITY

mt. vernon single family home

June marked the half way point of the year and the real estate market in Westchester County continues to boom. The total number of single-family homes sold during Q2 2021 was 1,805, a dramatic increase from the 1,174 sales in Q2 2020.  As a result the agents at Houlihan & O’Malley were very busy helping clients buy and sell homes!

SOLD:

Bronx, NY Real Estate

 

 

 

 

 

362 E. 235th Street, Bronx (5 Bed/2 Bath/1Half Bath) Single Family
Sold for $889,000
Welcome to Woodlawn-this two-family house, built in 1915, has been meticulously maintained over the years. The house sits on an oversized 50’ x 100’ lot offering lots of outside space for entertaining. Great opportunity to own and rent. Move-in ready.

Mt. Vernon Single Family Home

 

 

 

 

 

54 Carwall Avenue, Mt. Vernon (3 Bed/2 Bath/1 Half Bath) Single Family
Sold for $735,000
This lovely Mediterranean Style home in Fleetwood has numerous upgrades and will charm you with its rich architectural detail. The double height living room ceiling is quite dramatic and is enhanced by the gracious wood burning fireplace and wrap around staircase surrounding it. This is a wonderful home in an old-time feel neighborhood and is about a mile walk to the Fleetwood Metro North station.

6 Bryant Crescent #2H, White Plains (Studio)
Sold for $78,625
Cheerful corner studio that feels like a one bedroom. Large living space has been skillfully divided to provide a living room and a separate sleeping area. Bryant Gardens is a well-maintained complex of garden apartments with a playground & BBQ area.

PENDING:

120 Broad Street E, Mt. Vernon (4 Bed/4 Bath) Single Family
List Price $749,999
Charming Classic Colonial! Nestled in the Fleetwood area of Mount Vernon. Lots of room. Lots of storage. Conveniently located near shops, restaurants, major highways, transportation and much more!

90 Ogden Avenue, White Plains (4 Bed/2 Bath) COOP
List Price $699,000
Spacious colonial located on a lovely tree lined street, one block from Ralph Field, in the heart of the upper Highlands! Beautifully proportioned rooms. Handsome wood floors. Renovated kitchen is sure to please. The unfinished basement offers great potential. Wood burning fireplace make this charming colonial a home to enjoy every season of the year. Vibrant downtown White Plains is at your fingertips and just a 35-minute commute to NYC.

Tuckahoe PO/Yonkers Single Family Home

 

 

 

 

 

234 Westchester Avenue, Tuckahoe (4 Bed/1 Bath/1 Half Bath) Single Family
List Price $599,000
Welcome to the heart of Crestwood. This house has just finished undergoing some major upgrades including a new roof, new driveway, refinished hardwood floors, and freshly painted inside and out. Move in ready! Ten-minute walk to the Crestwood Metro North Station and nearby parks, shopping, and major highways.  

ACTIVE:

99-101 Hawthorne Avenue, Yonkers (Land)
List Price $1,250,000
Lots are located on the corner of Hawthorne Avenue and Vark Street. The two lots are 11,599sf combined. They are in a Medium Density Urban Residential District, UR-MD. Permitted Uses include: 5 story apartment building, town houses and 2 family homes. The lots are currently being used as a yard for scaffolding storage.

mt. vernon single family home

 

 

 

 

 

173 Burkewood Avenue, Mt. Vernon (3 Bed/2 Bath/1 Half Bath)
List Price: $849,000
Lovely home located on a cul-de-sac in the Hunt Woods Park section of Fleetwood. Modern renovated home is in move-in condition & awaits its new owner! Upon entry, you step up to a formal living room with gas fireplace, a formal dining room with access to scenic deck offering a place to entertain or just unwind. The lower level offers a spacious family room with access to the yard. This home has much to offer. A must see!

RENTAL:

Bronxville Real Estate

 

 

 

 

 

94 Kensington Road, Bronxville (4 Bed/2 Bath/2 Half Bath) Single Family
$7,900/Month
Your choice-Bronxville or Tuckahoe School Districts! This rental is unique in that it offers two buildings on the same lot: 1863sf home and a separate 360sf studio with bathroom — use your imagination. Some special features: CAC, TESLA charging station. Enjoy a walking lifestyle with steps to both Bronxville and Tuckahoe Villages offering many restaurants, shops, Pure Barre, Starbucks, Farmer’s Markets and a European style patisserie!

Remember, Houlihan & O’Malley is Bronxville’s Boutique Real Estate Agency!

Joe’s Corner – Houlihan & O’Malley Real Estate Services

condo vs coop

How We Sometimes Operate like a Concierge Service

Concierge Services aren’t just for hotels. This is a white-glove level of service designed to prompt next-level customer loyalty. And that’s how Houlihan & O’Malley operates on many occasions. Primarily, clients view a concierge as a trusted advisor — even in Real Estate, someone who can make recommendations or suggestions about who to use for new windows, plumbing issues, getting a dumpster, or just something as simple as who to call for a small paint job.

A Real Estate Concierge assists clients by performing various tasks such as:

  • Picking up mail for the owners while out of town
  • Turning the lights on and off (before & after showings)
  • Turning the alarm off and on (before & after showings)
  • Commissioning handyman services
  • Coordinating repairs with the appropriate service people; Locating hard-to-find trades people — Locksmiths, Stain Glass Repair, etc.
  • House Cleaning Services
  • Landscapers/Lawn Services
  • Organization/De-cluttering
  • Decorating Help
  • Staging

These services are extremely invaluable to a homeowner.

Even something as simple as getting your house documents that are on file in your town building department. Before we meet our clients, we go to the building department to obtain all the paperwork on the house — checking for closed & open permits, Certificate of Occupancy (CO), etc.  We have great relationships with many of the local building departments, whereas most individuals do not even know where to go.

That is what concierge services are all about. If we can’t do it, we’ll find someone who can.

Houlihan & O’Malley Real Estate Services has been around for 30+ years-we are a small boutique agency, family owned and operated with local talent and commitment to all!

HOULIHAN & O’MALLEY MAY ‘21 ACTIVITY

Eastchester Real Estate

The May Real Estate Market was very busy for Houlihan & O’Malley!  Our experienced agents helped several clients buy and sell homes in the area. We strive to make sure every real estate transaction for our clients is seamless for them and our years of work in Westchester County and the NY area help us do this for them.

SOLD:

Yonkers Real Estate

 

 

 

 

 

538 Kimball Avenue, Yonkers (2 Bed/1 Bath) Single Family
Sold for $480,000
‘Home Sweet Home’ on Kimball Avenue. This gem of a house has been lovingly cared for by the same family for the past 29 years. Great ‘starter’ house or ‘downsizing’ house.

Bronxville Apartment for Sale

 

 

 

 

 

280 Bronxville Road Unit 8-O, Bronxville PO/Yonkers (1 Bed/1 Bath) COOP
Sold for $237,000
Lovely apartment with its own outside space and walking distance to all that Bronxville has to offer. Truly unique and very special – this oversized one bedroom is perched on the 8th floor of the building with expansive eastern views from its very own terrace.

100 E. Hartsdale Avenue Unit 4FE, Hartsdale (1 Bed/1 Bath) COOP
Sold for $187,000
Commuter’s dream. Plenty of room to work from home. Close to all major highways, transportation, restaurants, shops, etc.

10 Arlington Road Unit 1A, Yonkers (1 Bed/1 Bath) COOP
Sold for $112,500
Bryn Mawr Ridge is a well-maintained complex with manicured grounds. Close to NYC Express, shopping at Ridge Hill and all Central Avenue has to offer.

PENDING:

157 Chatfield Road, Bronxville PO/Yonkers (3 Bed/1 Bath/1 Half Bath) Single Family
List Price $714,000
Cottage style living in this 1925 Colonial in Armour Villa. Lovely home surrounded by lots of trees. Close to everything-RR, Shops & Schools.

Hartsdale Real Estate

 

 

 

 

 

68 E. Hartsdale Avenue Unit S3, Hartsdale (2 Bed/2 Bath) COOP
List Price $449,000
RARE OPPORTUNITY! Spacious Duplex with private yard/patio in an ideal walking location. Close to everything -Metro North train, shopping & restaurants. Two units combined into one grand home that lives like a house without the work! Gorgeous 16’ fireplace.

68 E. Hartsdale Avenue Unit 1M, Hartsdale (1 Bed/1 Bath) COOP
List Price $179,975
Welcome to Country Club Apartments-a pet friendly, pre-war building!  Enjoy many amenities, including in-building laundromat, fitness center, storage units, garage parking, and a live-in super. Easy access to everything including Metro North Train with a 30-minute commute to NYC.

80 E. Hartsdale Avenue Unit 301, Hartsdale (Studio) COOP
List Price $109,000
Spacious Studio! Move right in!

ACTIVE:

Eastchester Real Estate

 

 

 

 

 

10 Greystone Circle, Bronxville PO/Eastchester (5 Bed/6 Bath/1 Half Bath) Single Family
List Price $1,800,000
Never leave home — enjoy YOUR VERY OWN COUNTRY CLUB LIFESTYLE! Billiard room with TV area, a Bar/Pool room, Gym and Office, heated In-Ground Pool, Basketball Court, Stone Patio and Pergola! This home was custom built by a builder for himself and his family. A must see!

Tuckahoe PO/Yonkers Single Family Home

 

 

 

 

 

234 Westchester Avenue, Tuckahoe PO/Yonkers (4 Bed/1 Bath/1 Half Bath) Single Family
List Price $599,000
Welcome to the heart of Crestwood. This house has just finished undergoing some major upgrades including a new roof, new driveway, refinished hardwood floors, and freshly painted inside and out. Move in ready! Ten-minute walk to the Crestwood Metro North Station and nearby parks, shopping, and major highways.

Bronxville PO/Yonkers COOP

 

 

 

 

 

26 Pondfield Road West Unit A/B, Bronxville PO/Yonkers (3 Bed/2 Bath) COOP
List Price $529,000
This is the new home you have been waiting for! A fully renovated unit with your own FRONT DOOR! This UBER chic apartment home is the result of a full high-quality renovation. The pictures say it all.

Walk to everything Bronxville has to offer. A must see!

Bronxville COOP

 

 

 

 

 

1 Stoneleigh Unit 1S, Bronxville (1 Bed/1 Bath) COOP
List Price $250,000
Bronxville has often been described as the prettiest Village in Westchester. Stoneleigh is located at the Village’s heart. Walk to everything. Outdoor parking is immediately available; short waitlist for garage. On-site super.

Mt. Vernon Real Estate

 

 

 

 

 

10 Alden Place Unit 4B, Bronxville PO/Mt. Vernon (2 Bed/1 Bath) Rental
List Price $3,100/month
Fabulous Alden Place apartment with tree top views. This Bronxville PO/Mt. Vernon School District apartment is on the top floor of a walk-up building. Freshly painted with beautifully finished hardwood floors. Best of all it is a five-minute walk to Bronxville. Building has its own laundry facility on site.

Houlihan & O’Malley is Bronxville’s Boutique Real Estate Agency! Try our unique services-we’ve got you covered from the beginning of your real estate transaction to the end!

How To Determine a Fair Sale Price For Your Home

condo vs coop

Determining the best asking price for a home is one of the most challenging, yet important, aspects of selling it. You’ll find that it’s a balancing act. You don’t want to set a price that’s so high that it discourages showings and serious offers from motivated buyers, nor set the price so low that it attracts lots of interest, and sets the stage for offers that could result in your getting a price less than its full market value. It is important to do research and consider hiring a Real Estate Agent.

So, what’s your home really worth?
In a perfect world, your home’s value would be everything you’d wish it to be. However, simply put, your home’s value is not determined by you, but by what the market is willing to pay for it at a given time. These days, the market increasingly includes homebuyers who have researched property values online for months.

In trying to determine your home’s true market value, you should:

  • Try to be impartial. Unfortunately, the market Is not interested in how much you need to sell your home for in order to buy your next home or meet your financial goals
  • Keep in mind that your home may have features that you value highly but are not of interest to potential buyers
  • Do research both online and in person. You can find out a lot about your local market through websites and by going to open houses in your area and comparing your home in terms of location, size, features, and condition

This is where it pays to work with a Houlihan & O’Malley real state agent. They can do a Comparative Market Analysis (CMA) drawn from a local Multiple Listing Service (MLS) database that offers pricing information, property details, and photos of homes similar to yours that recently sold and are currently on the market.

Price your home to sell when market exposure and buyer interest are high. How you price your home will directly impact how many buyers, showings, and offers you will attract, as well as how easily it will sell.

Overpricing your home, thinking that you can reduce the price later, might seem rational. However, it seldom works. In fact, sellers who overprice their homes – and then reduce the price one or more times – often end up getting less than they would have had they priced it realistically from the start.

Here’s why:

  • Fewer buyers will respond if they think your house is overpriced
  • Fewer agents will show your home to buyers if they know your house is overpriced
  • Likewise, what you paid for the house plus the cost of all the improvements you have made, does not necessarily equal market value. Your home’s value may be more or less than your aggregate cost.

The bottom line: realistic pricing IS strategic! Price your home realistically right from the start. This will attract the right buyers-those who are qualified, motivated, and willing to pay top market value.

 

 

HOULIHAN & O’MALLEY APRIL ‘21 ACTIVITY

We are through the first quarter of 2021 and the real estate activity in Westchester County continues to be strong in the beginning of Q2.  The Houlihan & O’Malley agents have been busy helping clients list, sell and buy property and we are ready to help you with your real estate needs and to become another happy client!

SOLD:

Scarsdale Real Estate

 

 

 

 

 

11 Greenville Road, Scarsdale (4 Bed/3 Bath/1 Half Bath) Single Family
Sold for $1,250,000
This fabulous center hall colonial in move-in condition is nicely set back from the road and has its own spectacular gunite salt water pool and spa, bluestone patio and beautifully landscaped backyard. Conveniently located on a quiet cul-de-sac. Commuter bus to the Scarsdale train station a short walk away.

 

Yonkers Single Family Home

 

 

 

 

 

25 Wilbur Place, Bronxville PO/Yonkers (5 Bed/4 Bath/1 Half Bath) Single Family
Sold for $1,103,500
Walking distance to the Village of Bronxville. The first floor includes a private sunlit office, an over-sized kitchen with center island, a large eat-in area and adjacent mud room (a must see). All the bathrooms are amazing! The finished basement has great additional living space with a separate playroom/laundry area, den and exercise area. The outside space includes a beautiful patio. Just add a firepit and you can use it practically year-round.

 

 

 

 

 

130 Elmsmere Road, Bronxville PO/Eastchester (6 Bed/3 Bath/1 Half Bath) Single Family
Sold for $995,000
This Classic 1920’s Colonial conveys old world charm and warmth from its stunning curb appeal to its oversized front hall. The expansive living room with fireplace adjoins a sun filled family room with fireplace and French doors to the private level yard. Beyond the formal dining room, a cozy office/den offers many options. Central air, beautiful slate roof, and a freshly paved circular driveway are just some of the wonderful updates.

Tuckahoe Single Family Home

 

 

 

 

 

70 Manhattan Avenue, Tuckahoe PO/Yonkers (3 Bed/2 Bath/1 Half Bath) Single Family
Sold for $730,000
Lovely English Tudor located in the heart of Crestwood with an easy walk to the Crestwood Train Station. This home has front and back flagstone patios with a private, fenced-in backyard. The main level features Formal Living room with a wood-burning fireplace, Sunroom with access to the backyard, Formal Dining room with wood beamed ceilings, Kitchen with granite countertops and SS appliances, and a powder room. Third level and lower level offer additional bonus space.

PENDING:

Bronxville Real Estate

 

 

 

 

 

56 Pondfield Road W. #4C, Bronxville PO/Yonkers (3 Bed/2 Bath) COOP
List Price-$556,000
Great location! Close to Bronxville METRO North Train Station with service to NYC in 30 minutes. This spacious unit has it all – lots of natural light, a wood burning fireplace, hardwood floors throughout, and just a short walk to Bronxville Village. Enjoy Bicycle Sundays on the Bronx River Parkway & enjoy biking, walking & jogging on the Bronx River Path all year long! Laundry, bike & unit storage. And pet friendly! Unpack and exhale…

79 Locust Avenue, Cortlandt Manor (2 Bed/1 Bath/1 Half Bath) Single Family
List Price-$449,000
Convenient, Affordable and Absolutely Gorgeous! Excellent location — Shopping, restaurants, public transportation, schools, highways and train, all just a few minutes away.

105 Garth Road #2G, Scarsdale PO/Eastchester (2 Bed/1 Bath) COOP
List Price-$419,000
Lovely spacious apartment in Northgate — a beautiful pre-war building on Garth Road in Scarsdale.  Maintenance includes basic cable, heat, hot water and taxes; 24-hour laundry room. Just a 5-minute walk Scarsdale Village and Metro North train station. FREE parking with a permit from the Town or get a garage spot at the Scarsdale municipal parking garage. Eligible to join Lake Isle Park.

Why choose Houlihan & O’Malley? Because we give you our undivided attention!

Now is the time to sell-call us for a market analysis of your home.

Joe’s Corner – Houlihan & O’Malley Real Estate, Owner/Broker

condo vs coop

Westchester Home Sales Still Sizzling in Q1-21

With the pandemic easing — young, mid-career professionals continue to look beyond the confines of New York City for safe, amenity-filled homes in cultured and sophisticated communities. Westchester County provides the perfect setting, but the limited inventory of available homes has made the transition to suburban homeownership considerably more competitive. The turnaround time for available homes has accelerated significantly-the number of days a property stays on the market has decreased 34% vs Q1/20. There has also been a marked increase in the number of multiple offers made on properties, and a surge in overall sales price is up 14% vs Q1-20.

It seems this trend is here to stay. Buyer demand remains strong and the number of available single-family homes continues to be very limited. At the end of Q1-21, the inventory of single-family homes for sale was 42% lower than during the same period in 2020! New listings are down more than 7%, while the number of sales which closed in Q1-21 is up a whopping 41% from Q1-20.

Sale prices in Westchester have risen as a result of the increased demand created by the continued inpouring of post-NYC suburbanites coupled with limited inventory. The median sale price for a single-family home in Q1-21 increased 11% to $710,000.

Through the early days of pandemic diminishing, Westchester has continued to cement its reputation as the logical habitat for former city dwellers looking for a less dense environment with easy transportation to NYC. The Metro-North railroad serves many of the charming cities, towns and villages in Westchester, providing quick access to New York City.

Nearby counties, including Dutchess and Putnam, have seen similar spikes in interest. Albeit of relatively milder proportions. All in all, the message remains clear, the suburban sprawl of New York is showing no signs of slowing down and the pandemic bubble seems to be here to stay.

Houlihan & O’Malley has been serving home buyers and sellers in the Westchester market for more than 20 years. All of our clients are treated like members of the family. They receive exceptional service from our real estate agents who are among the most knowledgeable, detail-oriented and dedicated in the business.

HOULIHAN & O’MALLEY MARCH ‘21 ACTIVITY

Silver Beach Gardens Single Family Home

As we ended Q1 in March, our agents continued to be busy with new listings and closings in the Westchester County market.  The real estate in the area continues to be very active.  We are so thankful for all of our clients for choosing us to help them find that perfect home or to sell their home.  Once you hire Houlihan & O’Malley, you become part of our family and we will provide excellent service to you from the beginning of your journey to the final closing transaction.

SOLD:

Tuckahoe Real Estate

 

 

 

 

 

287 Crestwood Avenue, Tuckahoe PO/Yonkers (3 Bed/2 Bath/2 Half Bath) Single Family
Sold for $817,500
Crestwood Tudor in ideal location and great condition. This house was extensively renovated over the past ten years. It features two large family rooms — one with a fireplace that is open to the kitchen and an equally large one on the lower level. There is a stunning paneled library off the dining room with a huge picture window facing south. Property is beautifully landscaped and has a lovely brick patio in the back yard.

Bronxville Condo

 

 

 

 

 

1 Cedar Street #4C, Bronxville (2 Bed/1 Bath) CONDO
Sold for $740,000
Be at the center of Village life and stroll to every convenience that Bronxville has to offer. The apartment is surprisingly spacious and has been completely updated. Walk to Metro North and everything Bronxville Village has to offer — truly town living.

42 Manchester Road #23, Eastchester (2 Bed/1 Bath) COOP
Sold for $362,500
Eastchester’s Interlaken Gardens and Lake Innisfree with its private beach await you. Free flowing open floor plan. Maintenance includes: heat, hot water, gas, electric and cable. Close proximity to Metro North, shopping, parks and plenty of restaurants.

682 Tuckahoe Road #6F, Yonkers (1 Bed/1 Bath) COOP
Sold for $110,000
Penthouse living-enjoy this quiet unit located on the top floor at Tuckahoe Terrace. Low monthly maintenance includes: HEAT, HOT WATER, NATURAL GAS AND ELECTRIC! The building also has assigned basement storage, common laundry, a community room and on-site super.

PENDING:

Bronx, NY Real Estate

 

 

 

 

 

362 E. 235th Street, Bronx (5 Bed/2 Bath/1 Half Bath) Two-Family
List Price-$889,000
Welcome to Woodlawn-this two-family house, built in 1915, has been meticulously maintained over the years. The house sits on an oversized 50’ x 100’ lot offering lots of outside space for entertaining. Great opportunity to own and rent. Move-in ready.

Mt. Vernon Single Family Home

 

 

 

 

 

54 Carwall Avenue, Mt. Vernon (3 Bed/2 Bath/1 Half Bath) Single Family
List Price-$729,000
This lovely Mediterranean Style home in Fleetwood has numerous upgrades and will charm you with its rich architectural detail. The double height living room ceiling is quite dramatic and is enhanced by the gracious wood burning fireplace and wrap around staircase surrounding it. Brand-new front door designed specially to compliment the style of the house. This is a wonderful home in an old-time feel neighborhood and is about a mile walk to the Fleetwood Metro North train station.

Tuckahoe Single Family Home

 

 

 

 

 

70 Manhattan Avenue, Tuckahoe PO/Yonkers (3 Bed/2 Bath/1 Half Bath) Single Family
List Price-$699,999
Lovely English Tudor located in the heart of Crestwood with an easy walk to the Crestwood Train Station. This home has front and back flagstone patios with a private, fenced-in backyard. The main level features Formal Living room with a wood-burning fireplace, Sunroom with access to the backyard, Formal Dining room with wood beamed ceilings, Kitchen with granite countertops and SS appliances, and a powder room. Third level and lower level offer additional bonus space.

Yonkers Real Estate

 

 

 

 

 

538 Kimball Avenue, Yonkers (2 Bed/1 Bath) Single Family
List Price-$525,000
Home Sweet Home on Kimball Avenue. This gem of a house has been lovingly cared for by the same family for the past 29 years. The first floor has a large living room, a formal dining room and an eat-in kitchen. Upstairs you will find the master bedroom with a walk-in closet, a second bedroom, an office/nursery, and a hall bath. Best of all, the back door in the kitchen opens onto a brand new deck which overlooks the lovely fenced backyard.

100 E. Hartsdale Avenue, #4FE, Hartsdale (1 Bed/! Bath) COOP
List Price-$192,000
Commuter’s dream. Large Spacious COOP on Hartsdale Avenue. Entrance Foyer leads to large dining/living room area with adequate space to work from home. Lots of closet space too.  Assigned parking space comes with the unit. Close to everything Hartsdale has to offer-so convenient!

NEW LISTINGS:

Silver Beach Gardens Single Family Home

 

 

 

 

 

26 Sunset Trail, Silver Beach Gardens, Bronx (2 Bed/2 Bath) COOP
List Price-$615,000
Wake up each day with a front row seat to Sunrises in the morning and Sunsets in the evening in this immaculate single-family home located in the enchanted community of Silver Beach Gardens. This unit has radiant heat mahogany wood floors on the first level. Glass French pocket doors off the Sun Room w floor to ceiling Bay Window. Crown Molding throughout & Custom Silk window treatments. GE Stainless steel appliances, granite countertops, ceramic tile floor, coffee/bar nook, backyard and side yard access. A large pantry, spacious cabinets, garbage disposal, dishwasher, & microwave. Climb the decorative staircase to the 2nd floor. The spacious Primary bedroom w hard wood floors and large closet has a built-in unit for storage. The second bedroom boasts an xx-large closet with mirrored doors and wood floors. A must see!

Houlihan & O’Malley, a small boutique real estate agency that does everything in a big way!