Riverfront in Byram?

200 Byram Shore Road is new to the market today, asking $7.6 million. Nice house, fifteen years old, but it’s on the Byram River side of this peninsula, not Long Island Sound; they aren’t the same. The Port Chester sewer plant, for instance, is a tad upriver from here and around a bend, so you can’t see it, but it’s not nice to know it’s there.

Our own waste disposal facility, Grass Island, hasn’t seemed to have greatly hurt the values of nearby homes, but that’s Greenwich proper, and Belle Haven, not Byram, and so I’d take points off.

So, land value, maybe $1.8, depreciating house (all houses depreciate) in an inferior location; give it $3.5, for a total of $5.3? Personally, I’d pass, but there are always out-of-towners who might bite.

Meet the neighbors

The river doesn’t always look like this; only when it rains and overtaxes the sewage plant’s capacity: