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I wouldn't call it affluent but by no means dumpy either. Just regular homes on nice sized lots, very typical for a CT suburb. It is very close to Rt. 10 (like a block) which is a main road. Crime really isn't an issue in Cheshire no matter where you live.
Does anyone have valid information on the sperry/ jinny hill area of cheshire- crime desirability and look (rural, urban, affluent etc.).
thanks,
Sri
Hi Sri,
The Jinny Hill - Sperry Road section of Cheshire is in the southeastern part of town. Jinny Hill Road is across from Staple's. Considering that Cheshire is a valley with hills as borders on the west as well as the east, Jinny Hill Road is appropriately named. However, by the time that you've reached Sperry Road, it's leveled off.
The hills on the east (Meriden and Wallingford) are nothing compared to the hills on the west (Bethany, Prospect, and Waterbury).
Jinny Hill Road and Sperry Road are more winding in nature. The houses in this area are predominantly larger Ranches built in the late '50s/early '60s situated on acre-sized lots. Developers are buying the smaller Ranches (under 1200 sq ft) and converting them to Colonials in order to FLIP (two known cases on Coleman Road in the past 18 months).
Coleman Road, where Jinny Hill Road ends, is characterized by a Christmas Tree farm, some horse stables, and a small dairy farm. Coleman Road continues on to Boulder (which heads into Wallingford) or Half Moon which immediately connects to Cook Hill (which heads into Cheshire or Wallingford near the Oakdale).
Thank you for the information Rich- so do you believe that the house on 1023 sperry rd ($479,900) is worth the price and by how much can you negotiate with the price?
Thank you for the information Rich- so do you believe that the house on 1023 sperry rd ($479,900) is worth the price and by how much can you negotiate with the price?
I have to be careful here since this property is listed with my office. Under Connecticut Agency Law, all agents whose licenses are held by the same broker represent the SELLER until a buyer-broker representation agreement is signed.
What I can say based on about a half dozen or so comps that I just checked is prices have averaged $10,000 to $20,000 below the list price with one exception. That one exception was also one of my office's listings, and I know why that one went for more than asking (Schweppe theory on pricing below market to get multiple offers thereby selling at market or more than market).
In general, the buyer is in a better position to negotiate when 1) (s)he is pre-approved, 2) (s)he is putting down a decent down payment, and 3) (s)he has a clean offer (not a lot of contingencies/requests).
Since 1023 Sperry Road has been on the market for only 10 days, the seller's motivation will probably be different from that of the seller whose property has been on the market for 60 days.
However, in this market, sellers are being advised to look at and seriously consider all offers! Even if the offer appears to be too low at first, it is something with which to work.
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