Cranbury home $455,000 (Ryan Rd.; reduced; gone?)

[Guest]

[Guest]

I don't have a problem with the post you are referring to. The circumstances are different than in-person. The poster was responding to another anonymous poster who obviously was making up their credentials and expertise. They made-up a claim, that claim was contradicted by hard facts and then they repeated the claim again, ignoring the posted facts, and did so every bit as snarky and the responder. In-person it would be obvious the person wasn't who they claim to be and they wouldn't have been able to get away with making the silly comments in the first place. I share your disdain when posters attack people by name here. But getting snarky with an obvious “internet troll” who was trying to provoke responses is different.

The housing market in Cranbury is far from stable. Prices remain down and supply still greatly exceeds demand. It is a terrible time to sell unless you really need to. I think most people get that. There’s no need to make up easily contradicted facts to properly sober people to that reality.

[Reality-Check]

Just got home from school and finished my milk and cookies! There is no evil gloating on my part, I posted facts which are easily verifiable by going down to the assessors office. The binary approximation used is highly accurate and takes into account the lower $$$ per square foot mentioned in one of the previous posts. Unfortunately like politics, many people in this town get upset when they are forced to face reality regarding home values and other issues affecting our town. My analysis above is based on mathematics, unfortunately many of the posters (multiple GUESTS???) are basing their opinions on their emotions. For those that are not mathematically inclined, I'll break my analysis down to the cliff notes, and I mean no insult by that, but here it goes:

If the seller gets greater than $251 per HEATED SQUARE FOOT, they would've gotten a good deal. Should they receive less than $225.89 per HEATED SQUARE FOOT, then they obviously got a poor deal. It's merely a range. For some of these GUESTS to make a blanket statement as to what the property is worth without knowing the mathematics behind the market other than getting prices from an online source speaks for itself. I will no longer engage in this diametric discussion. I wish my neighbor good luck and all the best!


PS: Degrees and credentials are very accurate

[Guest]

[Guest]

[Guest]

Here is a lesson on market transactions: they require a willing seller and a willing buyer. Talk to any appraiser or realtor, they will share experiences with outliers. Non-arms length transactions whereby prices are especially low. High market prices in instances where a buyer is enamored with a property and "must have it". So market data are indicators, not the end all and be all.

Bottom line, this is a nice property in a nice neighborhood. It will sell quickly.

[Looking to leave]

Well I'm far from a real estate guru like the others here, but I am curious how the seller can price his/her house for $475 and it is only a 3 bedroom 1.5 bath with no basement, while the home directly across the street is a 4 bedroom 2.5 bath with a basement, sold for $480 when the housing market was higher at the time of sale. I'm not looking for an argument, but I'd like to understand.

[Guest]

Ask $475k
Give $25k in negotiations (about 5%)
Finish large unfinished area into Bed and bath for $30k
Substitute 3 car garage for split level basement
Throw in extraordinary landscaping and maintainence.
Voila.

[Guest]

[Guest]

Not for nothing, but I've been told much more that that! I have a 4 bedroom 2.5 bath home, and I was interested in converting my garage into a 5th bedroom, and I was given multiple quotes above $30,000 just for the conversion to the bedroom without the full bath. I'm interested in that contractor's #. Please post it!!

[Guest]

Sounds to me like the seller acting as a shill for his own property. Beware.

[Guest]

Shame on me for taking the bait and thinking there might be a light at the end of this tunnel.

No, I'm not the property owner.

If you want a great price on a bathroom, call Anthony Nichols. He's your neighbor and he'll do a great job at a great price.

Regarding basic construction costs, it sounds like either you are inflating or making up estimated costs, or you are simply unfamiliar with actual construction so as to be easily ripped off. So, here's a tip for your future projects... Price out the materials at Home Depot. Tell your contractor you're looking to pay 2x materials and see how close you get.

Maybe when you see how easy (and affordable) it is to frame, rock and paint, you'll get inspired.

[Guest]

[cranburyhopeful]

don't forget the value of timing.

as a buyer that wants to be in cranbury and wants to spend less than 500k and be in a neighborhood (no busy streets), this is the only option available currently! not to mention that it is meticulously maintained and
has great expansion possibilities (garage needs 1 wall and insulation/window) to be finished, need to simply remove partition & add bathroom to expand master bedroom on upper level. we were ready to make an offer, but apparently someone may have beaten us.

for all of those that are worried about selling, please contact me if you have a house that fits my criteria. from where i am sitting, the supply is far less than the demand...

[Guest]

Some of these posts, including the one right above, are so transparently the realtor or seller of the house that they would be better off just signing their name instead of posting anonymously.

[Guest]

How big is the space over the garage?