So, I’ve been looking at which homes yield the best value for your money out in Westchester. The average home in the neighborhood is selling for $498/square foot, by the way. But a number of the homes with the lowest price per square foot didn’t necessarily seem to be a real deal.
For instance, 8957 Kittyhawk Avenue is just $370/square foot. But it is sold as-is and has been sitting on the market for over 270 days. It might be worth a look. The pictures look good. But it kind of makes you wonder – even in this market – why it hasn’t sold. Could it be that it sits right next to Westchester Parkway? Fear of airport expansion? Or maybe it’s still a wee bit overpriced? Zillow isn’t always right on, but it pegs this house at a Zestimate of $643,000. It’s listed for $699,900.
So my pick for this week is on 5601 W. 78th St. This home is a three-bedroom, one-and-three-quarter bath home. It’s going for $659,900. You get 1,456 square feet of space for $453/square foot. It’s also an REO.