See what roughly $765,000 can buy you in the Chestnut Hill, Riverton, and Upper Dublin housing markets | The Price Point
These three local homes for sale for the same price vary widely in size, from 1,900 to 3,900 square feet.
The Price Point compares homes listed for similar sale prices across the region to help readers set expectations about house hunting.
When homebuyers sit down to make their must-have lists, they usually have a property size in mind.
Maybe they’re outgrowing their home and need something bigger. Maybe their home is too big and they need to downsize.
A bigger home can mean a bigger price tag, but not always.
The latest installment in the Price Point compares homes in the region that are listed for sale for about the same price but vary widely in size.
The Upper Dublin Township home is about 1,000 square feet larger than the home in Riverton, Burlington County, which is about 1,000 larger than the home in Chestnut Hill.
But they’re all for sale for between $765,000 and $770,000. That’s more than twice the typical price of a home sold in the Philadelphia metropolitan area last month — $380,000, according to the multiple listing service Bright MLS.
Colonial in a special location
What makes this house in Upper Dublin Township special is its location, said listing agent Frank Blumenthal with Keller Williams Real Estate Tri-County.
It’s about three miles from Regional Rail’s Ambler and Fort Washington stations, close to the Pennsylvania Turnpike and other major roads, and not far from shops and restaurants.
And the home is a few hundred yards from Mondauk Common, a public park that includes a one-mile walking track, sports fields, exercise equipment, playground equipment, basketball courts, and pavilions. The park also hosts community events throughout the year.
The home has expansive side and rear yards.
Inside, the large primary bedroom includes a sitting room. The kitchen flows into the great room, which has a fireplace and lots of windows. The home also has an unfinished basement.
Upper Dublin Township
4 bedrooms, 2 1/2 bathrooms
3,984 square feet on about two-thirds of an acre | Built in 1989
Upper Dublin School District
Estimated taxes: $10,898/year
Within the last few years, the owner replaced the roof and heating and cooling systems. A buyer may want to update the kitchen and bathrooms, “but the big-ticket items are out of the way,” Blumenthal said.
The property was originally listed for $834,000 in September. The price dropped to $828,000 in November and $769,000 in February.
Fully renovated historical home
This house is more than a hundred years old and part of a historic district.
“Homes were just built differently back in the day than they are now, and they stand the test of time,” said listing agent Michelle Bishop with Real Broker LLC.
Because the home is historically protected, the investor who is flipping the property was limited in the exterior changes he could make. But he installed a new roof and new windows and fixed the siding.
The home’s interior was a gut job, Bishop said. The property was in rough shape before the renovations, which included tearing down walls and installing new mechanical systems.
The owner built a one-car detached garage and fixed up the in-ground pool.
Riverton Borough
6 bedrooms, 3 1/2 bathrooms
2,981 square feet on about a quarter of an acre | Built around 1910
Riverton School District
Estimated taxes: $13,076/year
The staircase and double-sided fireplace are original to the home. New features include an updated kitchen, striking light fixtures, and a soaking tub.
“The perfect buyer for this property is somebody who really appreciates historical homes but enjoys living in modern-day comfort,” Bishop said.
Bishop called Riverton “a cute little town” and said she’s seen families who like Moorestown but can’t afford to live there come over to the borough. The home is close to parks, the Riverton Country Club, the Delaware River, Routes 130 and 73, and a NJ Transit light rail station on the River Line.
The property was originally listed in January for $799,999, but the price dropped to $769,999 in February.
Detached house on a double lot
This property isn’t one that a potential buyer would typically see in this twin-filled part of Philadelphia.
“It’s a detached home in Chestnut Hill,” said listing agent Neil Dessecker with RE/MAX One Realty. And its double-wide lot offers large side and rear yards, which are fenced in.
On tours, many prospective buyers said they liked the property because they were looking for more space, he said.
The home also has more of the usual features of homes in the area, including a covered front porch and hardwood floors.
The kitchen includes high-end Bosch appliances, including an induction range. The owners converted the home from oil heating to central air-conditioning and heating.
The third floor is a flexible space that can be used as a bedroom, living space, or playroom.
Philadelphia
4 bedrooms, 1 1/2 bathrooms
1,908 square feet on about a fifth of an acre | Built around 1870, according to an expert on architectural styles
School District of Philadelphia
Estimated taxes: $9,127/year
The home doesn’t include parking, which Dessecker noted “usually skyrockets the price.” But the sellers said they almost always parked their two vehicles on the street right in front of their home.
“The sellers said it was an incredible block and they loved the people there,” Dessecker said.
The home is not far from the shops and restaurants along Germantown Avenue and is near an Acme. The Wyndmoor station on Regional Rail is at the end of the street.
“There’s just not a lot of inventory in Chestnut Hill,” Dessecker said. “So when something of quality becomes available, you have to seize the opportunity.”
The property is listed for $765,000.
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