I sometimes hear people who live in the Hudson Valley say, "I could get a million dollars for my home, I have a view"! Right away I wonder, "do they have privacy? what is the view of? what makes your home so special"? It's one of the toughest challenges for me in today's market. I understand the EMOTIONAL value of a home for someone, but in this tough market savvy buyers know exactly what they are looking for and what they are willing to pay for it.
I did a search this morning on the MLS to see exactly what sort of single family residential properties have sold for a million dollars or more. Here are the thirteen sold properties in the past year...
The least amount of land on a property was 4 acres, (with Hudson River views). The earliest year built was 1739, and newest was 2002.
Today's current market has 60 properties on the maket over one million dollars. Here they are...
I really am glad I looked all this up for the next time I have a buyer looking for luxury Hudson Valley Real Estate or am at a party and hear someone say, "I can get a million bucks for my house right now"!
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