Kind of a "meh", but about what you should expect for such a low price in Riverside

25 Verona Drive

25 Verona Drive

25 Verona Drive, new at $2.295 million. Listing agent Daphne Lamsvelt-Pol, the Dutch refugee who, now that she's renounced both terrorism and Islam is a friend of mine, seems to have priced it just about exactly where houses of this era have sold on Verona, which isn't far above land value - new houses on Verona fetch far more, so you could buy here, live here for a period of time, and probably get out at a profit down the line by selling to a builder.

And Verona's a nice, dead-end street off lower Lockwood - walk to Riverside School and Eastern, Perrot Library or the (Old Greenwich) train station.

Alternatively, you could buy new construction in Havemeyer at 12 Nimitz Place, $2.395 million. About the same size: 3,500 sq. ft., plus basement, on 0.23 of an acre instead of Verona's 0.4. My personal inclination would be to go with Verona, just because it's on "the right side" of the Post Road, but Havemeyer's seen a huge up-tick in value over the past ten years, and $2.395 is well within the range of what new construction's going for over there. New is always nice, of course, and you don't have to suffer the small, cramped rooms of older homes like Verona, but my thinking is that homes depreciate; so far, land in Riverside hasn't. Nimitz sold as land in 2016 for $875,000, while a lot on Verona is probably worth twice that.

But take your pick.

12 Nimitz, pre-construction

12 Nimitz, pre-construction

(UPDATE: Notice the quality of that Dutch lady's photography for 25 Verona - if an agent can do that for a $2 million house, what excuse is there for agents representing far more expensive homes to use an iPhone camera? I forget which reader keeps insisting that sellers inspect the pictures used to present their home to the public, but he's exactly right: buyers today begin their search on the Internet, long before they even contact an agent, and cheap, nasty photos will push them on to the next house, without even considering yours - Sad)