When my husband and I were leaving the city, I was terrified to be any more than a 30 minute train ride away. Now that I’m up here, I wonder if we moved a little farther north, would we be rewarded with that much more of a house? So I decided to compare homes around a million dollars in Scarsdale and Chappaqua, since they’re both affluent areas with similar quality of schools, villages and demographics. Let’s do a little comp shopping, shall we?
41 Spruce Lane, Chappaqua
The listing says this 4,100 square foot home has 7 bedrooms, 5 baths, and over 2 acres of outdoor space for your kids to run and play. Apparently, it’s the first time this home has come on the market since it was built in 1920. The kitchen feels a little campy and will certainly need to be redone as will all of the bathrooms. Still, the home feels like a steal, considering its charm, acreage and its location on a quiet cul-de-sac. Taxes: $36,549
42 Tompkins Road, Scarsdale
Located in the Fox Meadow neighborhood of Scarsdale, near a main intersection at Post Road, sits this sweet 1836 colonial with four bedrooms, three full baths and two half baths. While this house looks less grand than the one above from the outside, it’s completely renovated on the inside, and boy, it’s a stunner. Holy kitchen! Rooms are small, since the home is more a perfect doll’s house, than a home built to today’s scale. But that’s part of the appeal. Taxes: 27,609
Now what do you think is the better deal? The big classic colonial in Chappaqua that needs to be redone — or the jewel box house that’s completely renovated?