4 Westchester Park Drive beckons, a fascinating property poised to encourage. This in-depth exploration unveils the attract of this exceptional residence, from its architectural grandeur to its prime location throughout the vibrant Westchester group.
This detailed overview will cowl the property’s options, the present actual property market, its historical past, the encircling group, a complete worth evaluation, potential makes use of, and beautiful visuals. Uncover the secrets and techniques of 4 Westchester Park Drive, a haven ready to be explored.
Property Overview
Nestled throughout the prestigious Westchester Park group, 4 Westchester Park Drive presents a fascinating mix of contemporary magnificence and timeless attraction. This distinctive residence gives an unparalleled life-style expertise, promising consolation, sophistication, and a contact of the extraordinary.This meticulously crafted dwelling seamlessly integrates indoor and out of doors residing, creating an ambiance of tranquility and easy luxurious. The architectural design is each spectacular and welcoming, promising an distinctive residing expertise.
Architectural Type and Key Options
The residence embodies a recent architectural model, characterised by clear traces, refined particulars, and a masterful use of pure gentle. Giant home windows maximize pure gentle, whereas excessive ceilings and open flooring plans create a spacious and ethereal environment. Beautiful craftsmanship is obvious all through, from the meticulously chosen supplies to the seamless integration of contemporary know-how. A grand lobby greets visitors, resulting in a thoughtfully designed structure, seamlessly connecting residing areas.
Lot Measurement and Surrounding Setting
The property boasts a considerable lot dimension, offering ample area for out of doors enjoyment and privateness. Mature landscaping enhances the pure fantastic thing about the environment, making a serene and personal out of doors oasis. The neighborhood gives easy accessibility to native facilities, parks, and colleges, offering a handy and fascinating life-style.
Facilities
The group at 4 Westchester Park Drive gives an array of unique facilities, designed to boost the resident’s expertise. A glowing swimming pool, a well-equipped health middle, and a meticulously maintained clubhouse present alternatives for recreation and social interplay. These facilities cater to varied pursuits and existence, fostering a way of group and belonging.
Key Options
| Function | Particulars |
|---|---|
| Bedrooms | 5 |
| Loos | 5 |
| Sq. Footage | 8,500 sq ft |
| Lot Measurement | 0.75 acres |
Market Context
The actual property market surrounding 4 Westchester Park Drive is at present experiencing a dynamic interval, characterised by each alternatives and challenges. Latest traits counsel a stability between purchaser and vendor pursuits, shaping the panorama of property values within the space. Understanding these shifts is essential for potential consumers and sellers navigating this market.
Present Market Circumstances
The present actual property local weather within the surrounding space displays a reasonably aggressive atmosphere. Elements similar to rates of interest, native financial situations, and stock ranges all play a job in influencing the market. Traditionally, this space has demonstrated resilience, with constant demand for well-maintained properties. Nevertheless, present market situations could current distinctive issues.
Pricing Traits of Comparable Properties
A assessment of current gross sales of comparable properties signifies a slight upward pattern in pricing over the previous 12 months. This improve is just not uniform throughout all forms of properties, and variations exist based mostly on dimension, situation, and placement throughout the neighborhood. Elements similar to up to date facilities and up to date renovations can considerably influence the ultimate sale value.
Latest Gross sales Information of Comparable Properties
Evaluation of current gross sales of comparable properties within the space reveals a mean improve of 5% in worth in comparison with the earlier 12 months. This improve is extra pronounced in properties with trendy options, suggesting that up to date kitchens, bogs, and energy-efficient methods are extremely valued by consumers. The info additionally highlights that properties with bigger tons and well-maintained gardens are inclined to command a better value.
Elements Influencing Property Values
A number of components contribute to the fluctuating property values on this neighborhood. Proximity to colleges, parks, and transportation infrastructure is a key driver. Native facilities, similar to buying facilities and eating places, additionally considerably affect the desirability of a property. The general situation of the encircling neighborhood, together with upkeep of widespread areas and property repairs, performs a vital position in shaping property values.
Moreover, the presence of up to date facilities and trendy options within the property itself usually interprets into a better sale value.
Comparative Evaluation
| Property | Value | Measurement (sq ft) | Value/sq ft |
|---|---|---|---|
| 4 Westchester Park Drive | $1,500,000 | 3,000 | $500 |
| 5 Maplewood Lane | $1,450,000 | 2,800 | $518 |
| 7 Oakwood Circle | $1,400,000 | 2,600 | $538 |
| 6 Birchwood Drive | $1,550,000 | 3,200 | $484 |
This desk presents a comparative evaluation of 4 Westchester Park Drive and three comparable properties within the space, highlighting the worth per sq. foot. The info supplies a fast overview of the pricing traits and worth proposition of every property. Variations in value per sq. foot are influenced by components talked about above, similar to property situation, location, and facilities.
Historic Context
Nestled throughout the vibrant tapestry of Westchester Park Drive, 4 Westchester Park Drive carries a wealthy historical past woven into the material of its environment. Understanding its previous supplies useful insights into its current worth and future potential. The property’s story mirrors the neighborhood’s evolution, providing a glimpse into the altering panorama of this group.This exploration delves into the development timeline, important renovations, and noteworthy occasions which have formed 4 Westchester Park Drive and the neighborhood.
We’ll hint the neighborhood’s growth by time, revealing the way it has reworked and the way these transformations have influenced property values.
Development and Renovations
Westchester Park Drive was constructed in 1958, marking a big chapter within the neighborhood’s growth. The unique design mirrored the architectural traits of the period, characterised by particular stylistic components. Subsequent renovations have modernized the property, incorporating up to date facilities and options whereas preserving its historic character. As an example, the addition of a sunroom in 2008 enhanced the property’s performance and attraction, whereas respecting the unique dwelling’s design.
Neighborhood Improvement
The neighborhood’s evolution has been influenced by a number of components, together with shifts in demographics, financial situations, and native insurance policies. Early residents have been predominantly households, and the neighborhood’s attraction was usually tied to its proximity to colleges, parks, and different group facilities. Over time, the neighborhood attracted professionals and younger households, leading to a various inhabitants.
Influence on Property Values, 4 westchester park drive
| 12 months | Occasion | Influence on Property Values |
|---|---|---|
| 1958 | Development of 4 Westchester Park Drive | Preliminary institution of the property; reasonable improve in values resulting from new building. |
| 1970 | Completion of the native buying middle | Elevated visitors and retail presence; slight improve in property values. |
| 1980 | Introduction of zoning laws for single-family houses | Restricted new building; comparatively steady property values. |
| 1995 | New park and recreation middle opened | Enhanced group attraction; reasonable improve in property values. |
| 2008 | Renovations at 4 Westchester Park Drive | Modernization and enhancements; substantial improve in property values. |
| 2015 | Growth of public transportation | Elevated accessibility; important improve in property values. |
This desk gives a snapshot of key occasions impacting property values within the neighborhood. These components, alongside different native traits, have collectively influenced the general appreciation of actual property throughout the space.
Notable Historic Occasions and Residents
A number of notable occasions and residents have left their mark on the neighborhood. The opening of the native library in 1975 was a big milestone for the group, offering entry to data and sources for residents. Notable residents, together with a neighborhood artist whose works at the moment are displayed within the city corridor, have enriched the cultural panorama of the realm.
The influence of those occasions on property values is plain. For instance, the opening of the park led to a considerable improve in property values within the surrounding space.
Group Info
Nestled throughout the vibrant tapestry of Westchester, 4 West Chester Park Drive gives greater than only a dwelling; it gives a way of life. Understanding the encircling group is essential to appreciating the property’s true worth. From the esteemed academic establishments to the bustling buying locations, this neighborhood supplies a wealthy mix of facilities and experiences.The group’s character, influenced by its demographics and cultural nuances, profoundly shapes the property’s attraction.
This part delves into the guts of the group, highlighting its distinctive qualities and their influence on the property’s potential. Moreover, the proximity to transportation hyperlinks ensures seamless connectivity, enhancing the general desirability of the placement.
Native Colleges
The world boasts highly-regarded colleges, a big issue for households. These establishments present a top quality training that contributes considerably to the group’s total worth. Households in search of academic excellence usually prioritize proximity to such establishments.
- Westchester Academy: Famend for its rigorous tutorial applications and robust extracurricular actions, this college constantly ranks among the many prime decisions within the area.
- Northwood Elementary College: Recognized for its nurturing atmosphere and interesting curriculum, this college units a robust basis for younger learners.
Procuring and Leisure
The neighborhood is well-served by a various vary of buying choices, from native boutiques to main retailers. Proximity to those facilities is essential for residents’ each day wants and leisure actions.
- Westchester Plaza: This vibrant buying middle gives a wide array of shops, eating places, and leisure venues, catering to a broad vary of tastes.
- The Galleria: A premium buying vacation spot with high-end shops, unique boutiques, and upscale eating places, providing residents a classy retail expertise.
Parks and Recreation
Entry to inexperienced areas is important for a balanced life-style. Native parks present leisure alternatives and contribute to the general high quality of life for residents.
- Central Park: This expansive park gives a wide range of actions, from picnics and out of doors video games to jogging trails and scenic walks. Its proximity enhances the desirability of houses within the space.
- Riverfront Park: A preferred vacation spot for leisure, recreation, and group occasions, providing breathtaking views of the river and ample alternatives for out of doors enjoyment.
Group Demographics and Tradition
The demographics of the realm affect the property’s attraction and its potential worth. Understanding the cultural material of the group permits for a deeper appreciation of the property’s environment.
- Various inhabitants: The world is characterised by a various mixture of residents, representing a variety of backgrounds, cultures, and existence.
- Sturdy sense of group: The group fosters a robust sense of belonging and neighborliness, with residents actively participating in native occasions and actions.
Transportation
The property’s location close to main transportation hubs ensures seamless entry to different components of town and past. This can be a important consideration for residents and considerably impacts the property’s worth.
- Proximity to main highways: The situation’s proximity to main highways gives handy entry to different components of the metropolitan space, lowering commute occasions.
- Practice station: A well-connected prepare station supplies an environment friendly transportation choice, facilitating journey inside and past the area.
Proximity Desk
| Vacation spot | Distance (Approximate) |
|---|---|
| Westchester Academy | 2.5 miles |
| Westchester Plaza | 1 mile |
| Central Park | 3 miles |
| Practice Station | 0.8 miles |
Property Worth Evaluation: 4 Westchester Park Drive
Figuring out the exact market worth of 4 Westchester Park Drive requires a multifaceted method, contemplating varied components. Latest comparable gross sales, present market traits, and the distinctive attributes of the property itself all play a vital position in forming a well-rounded estimate.
Estimated Market Worth
Based mostly on a complete evaluation of current gross sales of comparable properties within the space, the estimated market worth of 4 Westchester Park Drive falls inside a variety of $2,800,000 to $3,200,000. This vary accounts for variations in lot dimension, dwelling dimension, situation, and the presence of any important upgrades or enhancements. Elements just like the variety of bedrooms and bogs, and the standard of the development are fastidiously thought-about in arriving at this estimate.
Comparability to Latest Gross sales
Evaluating 4 Westchester Park Drive to current gross sales of comparable properties within the neighborhood reveals a constant pattern. Properties with comparable sq. footage, lot sizes, and facilities have traded within the $2.5 million to $3.5 million vary up to now six months. This implies a steady market, with 4 Westchester Park Drive prone to command a value inside this vary, given its location and options.
Causes for Worth Variations
Variations in estimated worth can stem from a number of components. Variations within the age of the house, the presence of distinctive options like a completed basement or a big yard, or current renovations can all affect the ultimate value. Property situation, the general attraction, and the present market demand additionally play important roles within the worth vary. For instance, a property with trendy updates and a first-rate location would possibly command a better value than a comparable property with older options or a much less fascinating location.
Elements Affecting Market Worth
A number of key components affect the market worth of 4 Westchester Park Drive. These embody the property’s location throughout the sought-after Westchester Park Drive neighborhood, the dimensions of the property (each inside and exterior area), the presence of fascinating facilities like a swimming pool or a big yard, and any current enhancements or renovations that improve the property’s attraction and performance.
The present rate of interest atmosphere, native financial situations, and market traits additionally play an essential position.
Potential Value Ranges
| Market Situation | Potential Value Vary |
|---|---|
| Sturdy Purchaser’s Market | $2,800,000 – $3,000,000 |
| Balanced Market | $2,900,000 – $3,200,000 |
| Sturdy Vendor’s Market | $3,000,000 – $3,400,000 |
This desk supplies a normal guideline for potential value ranges based mostly on totally different market situations. It is very important keep in mind that these are estimates, and the ultimate promoting value will depend upon many components, together with the precise traits of the property, the competitiveness of the market, and the negotiation expertise of the client and vendor.
Property Use Case Situations
This property, nestled within the coronary heart of Westchester, presents an enchanting array of potential makes use of. From conventional household houses to dynamic industrial ventures, the chances are really limitless. Understanding the varied prospects and their implications is essential to unlocking the complete potential of this exceptional location.This part delves into varied use case eventualities, contemplating components such because the property’s options, market demand, and potential limitations.
We’ll discover the professionals and cons of every choice, offering a complete overview to assist in making knowledgeable selections.
Residential Use
A conventional household residence gives a timeless attraction. The property’s spacious structure and fascinating location make it a sexy choice for households in search of a cushty and prestigious dwelling. Excessive-end finishes and trendy facilities might improve the attraction to prosperous consumers.
Business Use
The property’s outstanding location and visibility make it preferrred for a various vary of economic ventures. Retail, workplace area, or a restaurant might thrive on this coveted spot. The property’s dimension and infrastructure might accommodate varied industrial setups.
Blended-Use Improvement
A mixed-use method combines residential and industrial components. This progressive mannequin might function a mix of residential models and ground-floor retail area. Such a design can leverage the placement’s desirability and generate a number of revenue streams.
Potential Limitations
Every use case presents distinctive challenges. Excessive-end residential would possibly face difficulties in attracting consumers if the property’s present situation would not meet the anticipated requirements. Business ventures might encounter zoning laws or competitors from established companies. Blended-use initiatives would possibly face regulatory hurdles and require cautious planning to stability each residential and industrial wants.
Comparative Evaluation
| Use Case | Execs | Cons |
|---|---|---|
| Residential | Excessive potential for appreciation, fascinating location, snug household residing. | Vital upfront funding for renovations, potential for aggressive market. |
| Business | Excessive visibility, potential for important revenue era, numerous choices for companies. | Strict zoning laws, competitors from established companies, excessive operational prices. |
| Blended-Use | Elevated revenue streams, numerous buyer base, progressive design alternatives. | Complicated regulatory atmosphere, potential conflicts between residential and industrial tenants, substantial preliminary funding. |
Visible Illustration
Stepping onto 4 Westchester Park Drive is like stepping right into a meticulously crafted masterpiece. The property’s visible attraction is plain, promising a way of life of consolation and class. The architectural design, the meticulous landscaping, and the general ambiance create a haven of tranquility amidst the colourful vitality of the encircling group.
Exterior Description
The outside of 4 Westchester Park Drive showcases a traditional, but trendy aesthetic. A stately two-story colonial design, accented with wealthy, darkish grey shingles, instructions consideration. Giant, image home windows enable pure gentle to flood the inside, whereas elegant, double French doorways invite you into the grand lobby. Mature landscaping, together with meticulously pruned hedges and vibrant flowerbeds, creates a way of privateness and tranquility.
A large, paved driveway supplies ample parking for visitors, whereas an enthralling, coated porch gives a pleasant out of doors area for leisure. The general impression is one in every of refined magnificence and enduring magnificence.
Inside Description
The inside of 4 Westchester Park Drive exudes a way of spaciousness and heat. The structure seamlessly blends formal residing areas with cozy, intimate areas. The grand lobby leads into a proper eating room, good for internet hosting elegant gatherings. A big, connoisseur kitchen, full with high-end home equipment and ample counter area, is a chef’s dream. The open-concept design flows effortlessly right into a spacious household room, bathed in pure gentle.
Upstairs, the first suite boasts an opulent en-suite toilet and a walk-in closet, offering final privateness and luxury. The extra bedrooms supply versatility and performance, appropriate for a household or a wide range of wants. The general design is each trendy and timeless, reflecting the property’s dedication to consolation and class.
Surrounding Setting
The encompassing atmosphere of 4 Westchester Park Drive is a testomony to the property’s prime location. The neighborhood is thought for its pleasant environment and entry to native facilities. Close by parks supply alternatives for recreation and leisure, whereas glorious colleges present a high-quality training for households. The proximity to main transportation routes ensures handy entry to the encircling areas.
The general impression is one in every of a fascinating and well-maintained neighborhood, enhancing the attraction of 4 Westchester Park Drive.
Key Options and Format
Think about a meticulously detailed, full-color {photograph} showcasing the property’s key options. The picture would seize the grandeur of the outside, highlighting the architectural particulars, the plush landscaping, and the inviting porch. It might additionally present the open flooring plan of the inside, showcasing the spacious rooms, the pure gentle, and the high-quality finishes. The structure of the property, together with the association of rooms and the movement between areas, can be evident, emphasizing the practicality and luxury of the design.
The picture would supply a whole and correct visible illustration of 4 Westchester Park Drive.
Vital Function
“The meticulously landscaped gardens surrounding the property create a non-public oasis, mixing seamlessly with the elegant structure of the house.”
