The record price for a category of Greenwich real estate called “backing up to the train tracks or route 95”, has jumped again.
What do you suppose the record is? $500,000? $1,000,000? Nope, in fact, for trackside living, the new record is $3,187,250 and for cheek-by-jowl with the thru-way, how’s about $3,300,000!
And before you say “What were these people thinking!”, I must tell you these are two really, really nice houses. A few streets away you can spend the same amount and get far less house for your money, so it all comes down to what’s important. And I have long observed that, despite all that “location, location, location” stuff, ultimately, most buyers buy the house, not the location.