Home Buying in 07086>Question Details

Anonymous, Home Buyer in

New homes at Henley on CIrcle appear to have substantially higher price than any at resale. Are the prices?

Asked by Anonymous, Sun Mar 16, 2008

fairly negotiable?

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Sales office will often tell you a lot of unit are not available because it's sold. Don't believe it, it's a sales strategy, they are trying to limit you within a certain choices and push you buying. As far as I know, my recent client bought a duplex there for a little over 600k with no view. Town houses resales are a little over 1mil, great view. Why bother to buy the new construction?? You have to decorate from the scratch, not mention the higher preperty tax on new homes!!
0 votes Thank Flag Link Thu Apr 29, 2010
i went to henley on the hudson at first i was going to rent one of the units for 6500 but that fell thru so i decided to explore buying just an fyi the one bedrooms in the back are 569k and most are sold out and you will hear the noice from river road all day long the duplexs without views are 1million to 1.5 and if you one of the brownstones directly on the board walk with direct view your looking at 2-3.5 million also just an fyi the maintenance is ridiculous 650-1400 and the taxes on the duplex are 20k plus and for the brownstones the taxes are 52k so if you have the money to spend go for it personally its sooooooooooo over price i made an offer on one of the duplex 10 percent less than asking and they did not take it so i moved on. Try edgewater you can get a few years old townhomes with just as nice views and less taxes for cheaper
0 votes Thank Flag Link Thu Oct 2, 2008
New home construction builders will frequently be negotiable on price in areas that are long on inventory and short of new buyers.
A local expert in the Henley on Circle area will be able to comment better but, if homes (new or pre-owned) are selling reasonably well, the builder will not be as likely to consider negotiating their price.

If you share more about the specifics of the area and consider what the differences are between those pre-owned sold homes and the new construction, you'll probably be able to get more relevant guidance.
0 votes Thank Flag Link Sun Mar 16, 2008
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