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Old 06-27-2011, 03:49 PM
 
Location: Bellevue, WA
1,488 posts, read 4,109,375 times
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We found a home we like in Scarsdale, but the problem is that is is very close to the Post Road. Not right on it, and there are dense woods between it and the road, but you can still hear that road loud and clear. Other than that, the neighborhood is great and walkable, but that darned noise!

In the house, it's quiet, but as soon as you go into the backyard, you can clearly hear every truck, bus, and random person laying on their horn. The house we rent now is fairly close to a major highway but oddly enough the sound is less noticeable to me at least, since it's a constant hum.

But, the home is priced comparably to others on quiet streets that are at least 20% smaller. All of my relatives live in 'cheap' states, so trying to seek advice from them is fruitless. They can't fathom the amount of money we are spending on a house in the first place - let alone near a busy road.

It's on the middle to lower end for Scarsdale, so my husband is clinging to that as a buffer but still, I know we'll be looking to move up within 7 years max and don't want to have a nightmare of a time selling it. Any candid feedback would be appreciated.
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Old 06-27-2011, 06:33 PM
 
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The three L's.
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Old 06-27-2011, 08:21 PM
 
Location: Bellevue, WA
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I don't disagree, but I'm amazed at how many multi-million homes are on very busy roads here. Drive along Fenimore or Heathcote in Scarsdale...all of those houses right on it are well over $2M+. Crazy!
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Old 06-27-2011, 08:43 PM
 
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I'm on a side street and wish I had picked a cul de sac.
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Old 06-27-2011, 09:45 PM
 
Location: Washington, DC & New York
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If the comps are 20% smaller, it seems that the price reduction has been taken into account with respect to the busy road. Unfortunately, that's the case in many areas of Lower Westchester, due to the higher densities. I am sure the house is soundproofed, which is why you cannot hear anything inside, but you may have to consult a landscape architect to determine how you could buffer the noise with a natural break/structure that would be approved by the town, if any.

The annoying thing about the Post Road is the variance in traffic speed, which I do agree tends to be a bit more intrusive than a highway where the traffic is at a constant speed. I would see if you could negotiate the price based upon the noise issue, especially if there's a reasonably-priced solution to minimize noise intrusion that you could have covered by the price discount. It could take longer to sell the house with the noise issue, even if it is larger than other similarly-priced houses, though that depends upon the buyer -- someone who does not like to be outside likely would not care, but with a family it could make for a less enjoyable backyard.
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Old 06-28-2011, 06:44 AM
 
Location: Bellevue, WA
1,488 posts, read 4,109,375 times
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Thanks for the information. As for location, the issue with us also is that the the L's have different meanings for everyone to an extent. We have to have a certain sized house for sure, as we are a family with 3 young kids. And it's got to be updated at least to an extent, as I can't have peeling lead paint everywhere or a ton of maintenance issues.

So our money will get us a nice house in a quiet neighborhood in Eastchester or New Rochelle, or one in Scarsdale or another 'coveted' district but on a less desireable street. Not to start a debate on schools because I agree they are completely overhyped out here but was vetoed, but wouldn't resale normally be stronger in the perceived better school district vs. the less ideal location on a given street?
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Old 06-28-2011, 07:09 AM
 
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Never base big investment decisions mainly on the perception of other people. You will end up getting screwed one way or another (such as living many years of misery).
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Old 06-28-2011, 08:09 AM
 
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You may want to consider asking a Real Estate Appraiser this question as well. I do know for instance, that they take off points/$ amounts for when a house is located on a corner lot.
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Old 06-28-2011, 08:47 AM
 
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We lived for 25 years in a house which backed up to noisy road.. it was a hill so the traffic noises were amplified going uphill. Over the years, the traffic got worse and it bothered me more and more. We moved 2 years ago and living on a quiet street was a priority for me(more so than for my husband). I have enjoyed the quietness of our new backyard immensely!

Every house is a compromise in some way. I don't think resale of the house would be a big problem. Keep in mind the discount you are expecting now when you sell and price the house accordingly.
Only you can decide if compromising on the noise issue is something you and your family can live with.
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Old 06-30-2011, 10:48 AM
 
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We are also looking at houses in Scarsdale. Are you looking at the Edgewood neighborhood? We saw one house we really liked but it was practically on Post Road (though there was a back entry onto street). I am not completely eliminating houses on busy streets as long as I can also access the house from a side street. I think it is still better to buy a house in the higher ranked school district on a less desirable street versus a better street in an inferior school district. We did the same calculus and in our price range, Scarsdale seems to afford us the most square footage in a premium school district.
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