What Goes On In Real Estate And Chester County

We are happy to share with our visitors some interesting information on a regular basis.

This Exceptional Executive Home Is Built For Entertaining

1810 Chestnut Hollow Lane Front

Picture: The exterior of the home and three-car garage are completely constructed of handmade Glen Gerry bricks. 

Not far from West Chester, just north of Northbrook along the Brandywine past many beautiful horse farms, and across from the foundations of the old Glen Hall Covered Bridge, sits Chestnut Hollow Ln – a small and highly sought after executive community in Unionville Chadds-Ford School District.

Located at the end of the cul-de-sac sits 1810 Chestnut Hollow Ln, an exceptionally well constructed custom brick home set on 5.1 park-like acres just 10 minutes from West Chester in desirable Newlin Township, where over 50% of the land is protected open space.

The home boasts a number of high-end custom features: a Rutt kitchen with Viking appliances and 32 square feet of granite countertops; custom-made cabinets throughout the home; ¾ inch thick American walnut floors in the living and family rooms; a custom designed wooden medallion set into the oak foyer floor; a full sized butler’s pantry with floor to ceiling cabinets and extra refrigerators; a large mudroom, a mostly finished walk-out basement; an amazing French inspired master bath with marble throughout; plenty of storage space including a three-car garage and separate out-building; and a 24 x 47 foot pool and spa. This home has it all!

An exceptional home for entertaining with its large dining room and light-filled sunken living room, this home has seen sit down meals for 50 people and cocktail parties with 75 to 100 people. A magnificent wedding reception was held for 150 people on the attractively landscaped grounds.

1810 Chestnut Hollow Lane Trend Photos3 

Picture: The light-filled sunken living-room, can accommodate two full separate seating and conversation areas and, in addition, still has room for the baby grand piano. 

The custom made Rutt kitchen of solid cherry 42 inch cabinets, not only has high-end appliances, such as an induction cooktop and Viking refrigerator, but a 4 foot by 8 foot granite countertop. In this eat-in kitchen area, there is a one-of-a-kind custom designed semi circle Glen Gerry brick wood burning fireplace which sets a romantic tone for winter dinners for six in front of this unique fireplace.

1810 Chestnut Hollow Lane Trend Photos7 copy 

 Just off the L-shaped kitchen is the three season octagonal sun room brings the lush plantings into the room whether in summer or in winter when snow is falling making the grounds look like a winter wonderland.

The family room – the perfect place to cozy down and relax alone with a book or for family movie nights – has 18 feet of custom made bookcases and cabinets and also a 3rd fireplace with a magnificent wooden mantle and surround with a laurel medallion above the mantle. As in the rest of the home, this room has French doors and oversized windows. 

The highlight of the spacious master-suite with its plentiful closet space is the master bathroom, which can only be described as a Ritz Carlton luxury bathroom with its marble floors and walls, separate toilet area, walk-in doorless shower with rain and body shower jets and custom made French-style, floor to ceiling cabinets.

1810 Chestnut Hollow Lane Master Bedroom  1810 Chestnut Hollow Lane View From Master Bed 

Picture: The generous sized master suite has French doors leading to a balcony overlooking the pool and the grounds which makes for a quiet place to watch the deer playing on the lawn in the morning while the owners enjoy a cup of coffee.

 This home has a 50% finished walk out basement.

Paver sidewalks and patios surround the house and lead to a large lap pool and spa which is surrounded by lush plantings. The backyard is level and has plenty of room for summer games with the kids, BBQing with family and entertaining friends.

 1810 Chestnut Hollow Lane Pool Area

 This truly magnificent home is situated in the award winning Unionville Chadds-Ford School District, which is ranked as one of the top 5 school districts in Pennsylvania and one of the top 30 school districts in the country.

The owners have lovingly cared for and constantly updated this home to make it the exquisite light-filled and happy home that has to be toured to truly appreciate all the luxury details that make this home so special.

For more pictures and information, please click here.

House Prices Are Back and BHHS Fox & Roach is on Top!

We can officially say that the housing market has recovered! Prices have returned to pre recession highs, as seen by the FRED graph below.

Also illustrated below, you can see that Berkshire Hathaway Fox & Roach has 24.4% market share of all residential transactions in Chester County, Year to Date (YTD) 2018.

St Louis Fed Home Price Index 2018 pdf

BHHS Market Share all residential 2018 to May pdf

Smart Home Buying - Holly Shares Her Expertise In County Lines

County Lines Magazine features a great article on Smart Home Buying in their Feburary issue - and Holly shared some of her 

County Lines Smart Home Buying

expertise in it! Some highlights from the article:

Know what you want - and discuss it with your spouse. You should write a list of what you're looking for in a home; your spouse should write one; and then you should write one together. "This will help you decide together which things are wants versus need," Holly explains. 

"When touring a home, it's important to pay attention to your initial feel of the house. The light, the energy and the surroundings are all very powerful."

A good realtor can also help the buyer to visualise themselves in a home that is not presented well. "Your agent will be able to help reconceptualize the space and help you overlook objectionable things", says Holly.

If you are considering to buy a new home or an investment property - or if you're considering selling - get in touch! We would love to assist you! You can find our contact info here, and read more about our people here.

West Chester's Priciest Homes In 2017

Patch.com has put together a list of some of the priciest homes sold in the West Chester, PA area in 2017. We can't help but feeling quite proud that we sold two of the homes on the list - 350 S Wawaset Rd and 1802 Chestnut Hollow Ln. 

The Priciest Homes Sold In West Chester In 2017 West Chester PA Patch and Inbox 7278 messages 185 unread

The Priciest Homes Sold In West Chester In 2017 West Chester PA Patch

 

 

 

The Heart Of The Home

Not too long ago, the kitchen was usually tucked away in the back of the house and was merely a working space. Affluent households would usually not even step foot in the kitchen, as it was the steamy territory of cooks and servants. As time has passed, the kitchen has become not only the heart of the home where many social gatherings occur, but also very much a status symbol (kitchens are, as known, expensive) as well as an expression of the personality of the home's owner. For many of us, the kitchen is the room where we spend most of our time - aside from our bedroom - and it is also one of the most important considerations when we are looking to buy a new home. It may be one of the most exhausting projects to renovate, but also one of the most fun, as the satisfaction level of a new kitchen is incredibly high!

Below, we have compiled kitchens from some of our listings - all with different characteristics. Have a look, get inspired!

8 Penn Dr Kitchen

635 Font Rd Kitchen334 W Street Rd Kitchen641 Webb Rd Kitchen

438 Groundhog College Rd Kitchen121 Leopold Ct Kitchen

7 Tips For Smoothly Selling Your Home

Selling your home can certainly be exciting, fun and the start of something new – a relief! But for many, it’s also often a difficult and emotional process. When deciding to put your home on the market, there is a greater chance of a smooth and successful sale if certain pitfalls are avoided.  Here, Holly, Stephen and Stewart Gross list 7 Tips for Smoothly Selling Your Home:

Holly has approximately 40 years of experience in Real Estate and has encountered pretty much every possible real estate situation:

1. Looking Objectively at Your Home

“I honestly think that the hardest thing for people to do is to separate the house they are putting on the market from the home that has been the center stage in their life. Separating the personal significance of their home from the unemotional objectivity of the market is difficult. It is often hard for people to take a step back and discount the emotional value they attach to their home.” 

2. Making It Marketable

“If you are selling your home, you have to present it in a way that is as appealing as possible, for as many people as possible. There is a reason staging has become such big business – it is simply about presenting the home in a manner that makes it possible for potential buyers to envision themselves living there. Often, this means presenting the home as a plain canvas on which the future memories of a potential buyer will come to life. We do not normally recommend hiring a stager to conduct a complete home makeover, but at the very least one should clean up inside and outside, remove the most personal items and artifacts and possibly repaint key rooms in neutral colors. And I can’t emphasize this enough: de-clutter, de-clutter, de-clutter!”

3. Choosing The Right Realtor

“Selling is a complicated process with plenty of pitfalls. A good realtor will negotiate not only the price, but many other terms of the deal; market your property well; put a team of outside experts together when necessary to keep the transaction running smoothly and help with issues beyond their expertise; and be your project manager and source of support throughout the whole process.”

Stewart, Holly and Stephen Gross with the Holly Gross Group

                                                                                          Stewart, Holly and Stephen Gross 

Stephen is an analytical number cruncher with sharp insight in Real Estate pricing and offers some insights from that perspective:

4. Asking Too Much

“Although it is generally true that the price should be set somewhat higher than your expected settlement price in order to leave room for negotiations, it is important to have realistic expectations. A price that is too high can actually scare off potential buyers and not net you more money while increasing your days on market. If you are priced too high, you may not even get buyers in the door. Whether we like it or not, it is the current market situation that decides what your home is worth and what a buyer is willing to pay. That said, for some higher end properties, it can sometimes be wise to anchor the buyer at a higher number and then be prepared to reduce, reduce again and negotiate.”

5. Do A Home Assessment

“Do a pre-listing assessment and address issues before they come up as a surprise in negotiations. Proactively addressing problems can save both time and money.”

Stewart worked in Real Estate in Boulder, CO, before joining the Holly Gross Group, and adds to further points to the list:

6. Welcome Interested Buyers Into Your Home

“A potential buyer who wants to view your house should be accommodated even if it means that it may be a bit inconvenient for you. I know it’s a lot of work, but it should be clean and shiny every time someone comes to see it, as that can mean the difference between getting an offer or not getting an offer.”

7. List The Home With Good Photos

“80% of buyers search for properties online, and they want to see pictures of the properties they are interested in. However, nobody wants to see photos of rooms with TV cords, laundry, piles of papers or a camera flash reflecting in a mirror. Make it look nice and ensure that your Realtor produces photos that bring out the best in your property. With so many people screening online, good photos make are a key component of good marketing.”

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