One flu over the cuckoo's nest

greenbriar 2020.jpg

COVID19 seems to be driving our market these past few months as urbanites flee the big city. And luckily for back country sellers, the newcomers seem oblivious to the distance from town some of these homes are. It’s possible that the same people who think “going to the country” means traveling 30 miles from Manhattan aren’t daunted by a 15 minute drive to Greenwich Avenue.

Whatever the explanation, some buyers, finding Riverside and Old Greenwich sold out, are looking to the northwest for sanctuary, and finding it.

Case in point is 20 Greenbriar Lane, asking $3.895 million, which is now pending after 92 days.

It was a different house that sold in December 2017 for $2.3 million, but still, someone made some very nice money here merely by changing a traditional builder’s colonial to the black window look. Even deducting the cost of those windows and transaction fees, a $1.5 mark-up should allow a tidy profit.

2017

2017