Every week, Cindy Ridgway tours homes in and around the Lower Merion School District so that she can make sure her clients have the latest info on the market. Local inventory is still relatively scarce, compared to last year, but there are still new listings each week. Cindy saw a number of homes in the second half of May, including the ones here, and took notes for the rest of us:
Starting on the western side of Lower Merion, Cindy toured this 7 bed/4.5 bath Greek revival home, originally built in 1851. This Villanova property has 5000+ sq ft inside, and sits on 1.2 acres of landscaped grounds, not far from Harriton HS. Listed for $1.199M this home has been expanded and updated over the years with features like dual-zoned AC, seven-zoned heat, 4 decks, a modern kitchen and renovated baths. See more at 531 N. Spring Mill Rd, Villanova, PA 19085.
Next up was a six-year-old townhome, close to downtown Bryn Mawr, and right around the corner from the hospital. The 2880 sq ft, 4 bed/3.1 bath, 3-story townhouse is listed for $995K. It features a nice. modern kitchen, with a great master suite with a well-appointed bath, and walk-in closet, plus an attached two-car garage and even an elevator! See the rest of the details and all the photos at: 110 Pennsylvania, Ave, Bryn Mawr, PA 19010.
Take your pick between these two new-construction townhomes in Bryn Mawr, halfway between Haverford College and Bryn Mawr Hospital. In some ways they are mirror images of each other, but make sure to tour both because there are definitely some differences between them (even though the online property descriptions read the same). In the Haverford School District, they are both listed as 3000 sq ft, 4 bed/3.2 bath, and priced at $625K. See them both here: 713 Preston Ave, Bryn Mawr, PA 19010 and 715 Preston Ave, Bryn Mawr, PA 19010.
Next up was this 2504 sq ft, 4 bed/2.1 bath twin in the Lower Merion part of Haverford, near the Haverford School, halfway between the Ardmore and Bryn Mawr downtowns. Listed for $480K, it has a flat back yard with a raised deck, a second-floor laundry, and central AC. See the rest at: 535 Old Buck Ln, Haverford, PA 19041.
This 5 bed/4.1 bath Wynnewood home is on a cul-de-sac in the neighborhood between St. Charles and Shortridge Park. This property has 4838 sq ft of living space on a half-acre lot, with a deck off the kitchen and a two-car garage. It has a big, renovated, eat-in kitchen, with stainless steel granite and some skylights in the dining area. The large family room has a big stone fireplace and high ceilings, and feels even larger, as it is open to the second floor. The first floor bedroom and attached full bath could be used as a guest or au pair room. It's listed for $990K. See for yourself at: 920 Honeysuckle Ln, Wynnewood, PA 19096.
Cindy toured this Wynnewood 1523 sq ft, 3 bed/1 bath with her client, who then then went under contract on it. It's right on the border of Narberth Borough, practically next to Shortridge Park.
Next on Cindy's tour toured was this 2792 sq ft, 4 bed/2.1 bath stone colonial, in Merion Station, across the street from the Merion Tribute House. There's a big, finished lower level, and updated kitchen and baths inside, with a list price of $899,999. The back yard is very pretty and well-landscaped, with a nice flagstone patio and walk. See more at: 634 Hazelhurst Ave, Merion Station, PA 19066.
This massive 7480 sq ft, 6 bed/5.1 bath has the look of a real, classic Main Line mansion. Outside, it has a circular drive and a three-car detached garage, on a 1.6 acre property on eastern border of Lower Merion. Inside it has a layout of bedrooms and separate entrances that offer a variety of living situations, like an in-law or au pair suite, and offers a few options for which bedroom you call the master. This house has all the classic touches, like a butler's pantry, grand library, and a dramatic winding staircase. It's priced at $935K, and just waiting for a new family to add their own mark on it. See the details and photo gallery here: 3 Blancoyd Rd, Merion Station, PA 19066.
Cindy's tour wrapped up with two Penn Valley homes, starting with this 5896 sq ft, 5 bed/5.2 bath painted stone colonial in a neighborhood by Penn Valley Elementary. Listed for $1.415M, the dramatic aerial photo of the grounds shows nearly an acre of land with stone walls, terraces, landscaped gardens, and a big, backyard pool and pool house. The newer kitchen has granite and high-end appliances. See it all for yourself at: 839 Summit Rd, Narberth, PA 19072.
If your budget lets you consider houses in the $2M+ ballpark, you'll want to see this beautiful 6 bed/5.2 bath stone colonial in Penn Valley. Listed for $2.099M, this home has 6100 sq ft inside, on 1.5 acres, with a renovated saltwater pool and totally loaded pool house with a kitchen and full bath. The interior of the main house has all the space and features you'd expect for a home in this price range, Check out the details and photo gallery at: 614 Righters Mill Rd, Narberth, Pa 19072.
It may just look like "the rainy season" when you look out the window, but it's more than just that in the world of real estate. This is the beginning of "closing season", when the all that busy spring market activity starts turning into a busy schedule of settlements. Spring buyers often want to get the transaction, the move, and any new house projects finished in the summer months so they are all comfortable situated before the start of the new school year in the fall.
There was less inventory on the market this Spring than there was last year. That means there are still a number buyers out there trying to get under contract now and settle in July or August. This group of active buyers is good news for sellers who still have homes listed, and is a golden opportunity for any potential sellers who missed the beginning of the Spring market, and were wondering it it was "too late" to put their house up for sale. It's not!
With fewer homes for sale, many buyers have found themselves competing for houses, and sometimes losing out. As a buyer, your best bet is to find an agent who knows your target neighborhoods like the back of their hand, and is "plugged in" to the community well enough to know what just sold, what is out there now, and what homes are about to hit the market. You don't want to be one of those desperate people begging for leads on social media - instead, get an agent who's always one of the first to know! When things are this competitive, having a strong and experienced agent on your side can make all the difference.
Cindy Ridgway has gained the trust of so many local buyers and sellers because she has made it her mission to know everything about the real estate market in Lower Merion and Narberth. One way she does this is by touring new listings in the Lower Merion School District every week. Here are some of the homes Cindy toured this week:
The pictures above are the front and the back of the first home on Cindy's new listing tour, a renovated 6 bed/4.1 bath in Merion Station. Listed for 1.595M, it has 6191 sq ft of living space, on 2/3 of an acre in the neighborhood next to the Merion Tribute House. Upgrades in the home include a newer kitchen with high-end appliances, a nice master suite a bedroom and balcony, a master bath with a big walk-in shower, and a finished lower level with a full bath, laundry room, and gym. See more at: 697 Hazelhurst Ave, Merion Station, PA 19066.
Next up was this 4 bed/2.1 bath stone colonial in a neighborhood near Belmont Hills. It has a Narberth street address, and is about a mile outside of Narberth Borough. The home has 2294 sq ft of living space inside, and a nearly 3/4 acre lot, for a list price of $599K. There are hardwoods throughout and an eat-in kitchen. It has an unfinished basement, driveway and two-car attached garage. See for yourself at: 1137 N. Woodbine Ave, Narberth, PA 19072.
This 4 bed/3.1 bath, in a Penn Valley neighborhood over by Penn Valley Elementary, was listed for $599K. It's gone under contract since Cindy saw it Monday!
Next up was this 3620 sq ft, 4 bed/2.2 bath stone center hall colonial in Wynnewood. It's a pretty home with a slate roof on a half-acre, corner lot, a short drive from the Whole Foods shopping area. Listed for $825K, the outside features nice landscaping, a slate patio, backyard pool, and an attached garage. Inside, the home has a big, updated kitchen, handsome library, finished basement with laundry room, entertainment area, and wet bar, plus a windowed solarium facing the patio. See all the details and photos at: 478 Ballytore Rd, Wynnewood, PA 19096.
The above picture actually shows the back of this next home, a 3194 sq ft, 4 bed/2.1 bath contemporary built on the side of a hill in Bryn Mawr. Walls of windows face the unique back yard on this one-acre wooded lot with a deck, patio, and steps down to a pretty creek. Listed for $645K, this home features plenty of wood and high ceilings on the inside, with tons of windows to bring the outside in. See the photo gallery and all the property info here: 665 Heatherwood Rd, Bryn Mawr, PA 19010.
Last up was this 3 bed/2 bath Cape on a 1/2 acre+ lot in Villanova. It has 2426 of living space, with a big kitchen, and three bedrooms on the main floor, with a list price of $649K. But the star of this show, for the right buyer, is the massive untapped potential in the whole unfinished second floor. Think about what you'd do with it, when you see the pictures and details at: 714 Panorama Rd, Villanova, PA 19085.