Main Line Homes Blog

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Old Forge Crossing August 2007.

After last year when we saw almost 50 homes in Old Forge sell this year has seen a marked reduction in sales. This year to date there are 3 homes for sale, two 1 bedroom units and a single 2 bedroom townhome. One home is pending and there have been 16 homes that have settled. Prices seem to have stabilised as well. Probably these two things are related, with less competition prices are not under so much pressure. On the other hand they also have not risen with less on the market. For more market information please go to Old Forge Crossing

                      Old Forge offices

Again, price depends so much on condition and what each owner has done with their home. If the bathrooms and kitchen have been updated with newer appliances, you have newer windows and maybe even have replaced your heater and a/c unit you will get more money. If however, you have the same carpeting from fifteen years ago and the original bathroom and kitchen you will find the price at the lower end of what units are bringing.

Old Forge is a well liked development. It is well looked after, has lots of amenities, swimming pool, tennis, walking trails and the monthly fee is fair for what is included, such as gas for cooking, and drying, water etc. Prices are stable and storage in these homes is good. I find taking buyers who live in Old Forge out looking at homes a challenge as they always complain about the lack of storage and closet space in homes that we look at. What many owners like here is that the units are completely self contained, washers and dryers are within the units, no coins needed here to do your washing. Each home has it's own front door without being on a central corridor. And most of all the landscaping and grounds are delightful.

                      

                         Duck pond Old Forge

So how about prices in the current market, 1 bedroom units are selling between $165,000 and $175,000, a recent 1 bedroom actually settled last week for $163,900 and another for $172,500. If they have a den these prices will be a little higher. 2 bedroom units are being priced anywhere from the $190,000's to well above $200,000 depending on their layout, location and if they are one fo the townhome units with two floors. For more complete details of recent sales please go to Old Forge Crossing

If you are buying or selling on or around Tredyffrin Easttown or along the Main Line we can help you,  contact us or connect

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Comment balloon 0 commentsNick Vandekar, 610-203-4543 • August 14 2007 07:51AM

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