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Wednesday, Dec 13th

Last updateTue, 12 Dec 2017 9pm

You are here: Home Real Estate Comparing Current Home Sale Prices to the 2016 Assessments
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Comparing Current Home Sale Prices to the 2016 Assessments

How are recent sales stacking up against the new assessments in the 2016 revaluation? Here's a comparison of the sale price of homes sold this past week to the new valuations. At least for now, it appears that homes are selling for more than their assessed values. See below:

chart

17 Hampton Road

 

Sales:

17 Hampton Road:

This colonial is in the heart of Fox Meadow on .67 acre with specimen plantings and patios. This home was restored and renovated in 2002 using the design and architectural services of Alisberg Parker. The entry leads to a formal living room with fireplace and attached sunroom with gas fireplace and a formal dining room. The eat-in kitchen features a Viking oven and stove, Sub Zero refrigerator, two dishwashers and a warming drawer. The family room overlooks the backyard and has French doors to a covered terrace. There are five or six bedrooms and four baths on the second floor. The walk out lower level has French doors leading to a stone patio. 2,220 square feet of lower level space includes a family room with a fireplace, playroom, powder room, media room, wine cellar and laundry room. There are speakers throughout.

Sale Price: $4,250,000
Taxes: $67,930

10 Brittany Close10 Brittany Close

This Colonial with English accents is located in an enclave of 12 individually designed homes by award-winning architect Carol Kurth. Each home is set around a walking trail and pond amidst a landscaped garden with flowering trees/perennial plantings. The center hall has a custom wrought iron staircase. Beyond is a living room with fireplace, library, great room, dining room with fireplace, state of the art kitchen with butler's pantry, breakfast room, mudroom, and rear staircase. Two powder rooms and a laundry room complete the first floor. The master suite has a tray ceiling, two walk-in closets, a dressing room, and a bathroom. There are four additional bedrooms and three baths and a walk-up attic with storage. A lower level with 2,337 square feet includes a theatre, two bathrooms, two bedrooms, a playroom, and an arts and crafts area.

Sale Price: $3,860,000
Taxes: $88,409

22 Montrose Road22 Montrose Road

This home is new construction in Greenacres with a classic covered entry opening into a foyer with views of the backyard. There is a study with French doors and the living room and dining room connect to the family room with fireplace and an open kitchen with a center island and breakfast area. The two-car garage enters into a mudroom outfitted with cubbies and a back staircase. The Master Suite on the second floor has tray ceilings and his and her walk-in-closets, a sitting area and a master bathroom. There are three additional family bedrooms, two with jack and jill bathroom and one en-suite. A laundry room completes the second floor. The lower level will be fully finished with bedroom/full bath and playroom/gym. There are nine foot ceilings on the first and second floors and custom millwork throughout.

Sale Price: $2,550,000
Taxes: TBD

15 Windmill Lane15 Windmill Lane

This center hall Colonial is located in the estate section of Greenacres with .35 acres of property. The main level includes a two-tier entry foyer, a gourmet eat-in-kitchen with a center island, professional grade stainless steel appliances and a breakfast area, a family room with a wood-burning fireplace and built-ins, a living room, a formal dining room, a study with built-ins, a mud room, laundry room, two powder rooms and a two plus car garage with a lift. The second floor features a landing with a sitting area, a master bedroom suite with a tray ceiling, four closets (two are walk in closets), a dressing area and master bath, a bedroom/office, a bedroom with an en-suite bath and walk-in-closet, and two bedrooms with a connecting bath. The lower level (1,958 square feet) features a billiard room, media room, bedroom, rec room with a bar, full bathroom and yard access. There is four-zone heating, three-zone air conditioning, an indoor sprinkler system, and a backyard with a patio.

Sale Price: $2,465,000
Taxes: $54,208

339 Heathcote Road339 Heathcote Road

This five bedroom, four and a half bath colonial in Heathcote has hardwood floors, custom moldings, surround sound, an au pair suite in the lower level and an office.

Sale Price: $1,799,000
Taxes: $35,808

 

 

 

14 Beechwood Lane14 Beechwood Lane

This classic four bedroom stone and shingle center hall Colonial is on a cul-de-sac in Sherbrooke Park. This home has architectural features such as a slate roof, bay windows, and central air conditioning.

Sale Price: $1,300,000
Taxes: $24,591

 

 

1 Cambridge Road1 Cambridge Road

This five bedroom, two and a half bath Greenacres center hall Colonial features oak hardwood floors, an office or playroom off the living room with wood-burning fireplace, a dining room, and a powder room on the first floor. There are five bedrooms on two levels, including a master bedroom with a master bath en-suite and a walk-in closet.

Sale Price: $925,000
Taxes: $17,180

 

106 Ewart Street106 Ewart Street

This Colonial features a formal living room, dining room, eat-in kitchen, den/bedroom, sunroom and a powder room. The second floor boasts four bedrooms and a full bathroom.

Sale Price: $710,000
Taxes: $12,958

 

 

 

29 Doris DriveEdgemont:

29 Doris Drive

This four-bedroom house is located on a cul-de-sac in the Edgemont School District. It has an updated kitchen with stainless steel appliances. The backyard is flat with a patio.

Sale Price: $930,000
Taxes: $25,000

 

 

200 Old Army Road200 Old Army Road

This home has a garage next to a mudroom that leads into an eat-in kitchen. The main floor has wood floors. Walk down a few steps to three family bedrooms with a hall bath and the master with its own new granite bathroom. Walk down again to the family room with French doors that open onto a redwood deck.

Sale Price: $780,000
Taxes: $22,442

 

 

3 Bradford RoadFeatured Listings:

3 Bradford Road, Scarsdale

Custom-built new center hall colonial with pool on prestigious Quaker Ridge street. Set on over .5 acre, this 8300 square foot luxury residence has many highlights: 7 bedrooms, 7.1 baths, 3-car garage, 3 fireplaces, cabana, generator, central vacuum, and is pre-wired for internet, video intercom, SmartPhone-controlled home automation and audio system throughout house and by pool. A spectacular 2-story foyer with tray ceiling and wainscoting offers sweeping views of pool and lush property. The spacious Bilotta kitchen has marble counters, Wolf/Sub-Zero appliances, a butler's pantry with wet bar and dual zone wine refrigerator, breakfast area and is open to a large family platinumdrive175room with fireplace. Formal dining room, living room, his and her offices, tiled cabana with full bath, powder room, large guest suite with full bath and large mudroom are all on the 1st floor. Dream master suite on the 2nd floor has a tray ceiling, remote-controlled gas fireplace, two over-sized walk in closets, and exquisite bath with heated floors, shower with rain head and soaking tub. 4 additional spacious bedrooms, 3 additional baths, sitting area, 2 linen closets and laundry room complete the 2nd floor. Fully finished lower level has a bedroom, full bath, playroom, gym, and room for a theater or wine cellar. Thoughtfully designed for the most discerning buyer. This home is ideally located close to shops, walk to worship, and nearby a walking path to Quaker Ridge school. The perfect combination of luxury and convenience! For more information, click here.

List Price: $3,995,000

11 Brittany Close11 Brittany Close, Scarsdale

Last opportunity to own an extraordinary English manor home designed by renowned architect in an award-winning neighborhood. Each property is set around a picturesque and tranquil walking trail and pond amidst a landscaped garden with flowering trees/perennial plantings. This architectural masterpiece on almost one acre of pristine land has soaring ceilings, exquisite custom moldings, top of the line finishes and an ideal layout. 1st floor has a platinumdrive175bedroom/full bath, mudroom situated off the 3-car garage, state of the art kitchen with butler's pantry, breakfast room, family/living rooms, each with its own fireplace, grand dining room, powder room, 2 outdoor patios and laundry. Master suite has a tray ceiling, two walk-in closets, sitting room/office, luxurious bath, fireplace and balcony. Three additional bedrooms/baths and large attic. Lower level has bedroom/bath, 2 playrooms, arts and crafts area and additional storage. Full house generator, custom playground. For more information, click here.

List Price: $3,488,000

53 Old Orchard Lane53 Old Orchard Lane, Scarsdale

Expect to be dazzled by this beautiful English Country House in Fox Meadow. Nestled amid towering trees, this home is surrounded by an acre of HoulihanLivinginScarsdalemagnificent gardens. Old Orchard Lane is tucked away in a peaceful oasis, and at the same time convenient to everything. With seven bedrooms, five and a half bathrooms, and four fireplaces, this stone Tudor is a one of a kind gem. Entertain outdoors on two patios overlooking beautiful gardens. This premium estate is an old world masterpiece and affords an opportunity to own a significant piece of land on this very special and private lane.  For more information, click here.

List Price: $3,095,000

11 Fox Meadow Road11 Fox Meadow Road, Scarsdale

Perfectly balanced Fox Meadow home with a blend of old world charm and modern amenities, interior design by an award-winning designer, located in award-winning Scarsdale School District, only minutes from village and train station. Built in 1915, interiors retain the original plaster moldings, large windows and doors, 9′ ceilings. Over 3800 sq. ft. in living area, set on .39 acres. This six bedroom four bathroom home includes a dynamic kitchen with marble counters and ample storage, a one-of-a kind master bathroom, built platinumdrive175–in storage and closets in master bedroom, a large family room, a 3-car garage and a romantic open air porch running the width of the house with a private fenced-in yard. This house translates into a home from the second one enters through the front door. For more information, click here.

List Price: $1,895,000

6 Stratton Road6 Stratton Road, Scarsdale

Masterful design and modern luxury are uniquely embodied in this one of a kind, custom built home. This picture perfect, brick, center hall colonial is exquisite and light filled with 9+ foot ceilings. Quality crafted with design and functionality in mind including custom moldings and built-in cabinets. Top of the line kitchen features Calcutta Island and back splash, Wolf/Subzero appliances including steam and convection ovens, warming drawer, oversized pantries with storage. Mudroom directly off attached garage with floor to platinumdrive175ceiling storage and cubbies. Each bath has custom marble vanity and Master has radiant heat floor and steam shower. Sun drenched office has private entrance and French doors to Living Room. Basement has a Gym with Ballet Studio, Playroom, Professional Laundry room, potential au pair suite and full bath. Gorgeous outdoor living and entertaining space has built in bluestone countertop, natural gas grill with Rotisserie, burner and refrigerator. Walking distance to schools, worship, shops and other amenities. For more information, click here.

List Price: $1,850,000

1 Renaissance Square PH31 Renaissance Square PH3, White Plains

One of the finest homes in Westchester. This sprawling four bedroom, four and a half bathroom, 5030 square foot residence with 10 foot 9 inch ceilings HoulihanLivinginScarsdalestretches across the 38th floor of the highly desirable Ritz Carlton Residence Tower One overlooking views of New York City and the Manhattan skyline, sprawling Westchester landscapes, and the Long Island Sound. Upon entering, the formal foyer immediately impresses you with Saint Laurent brown and Botticino cream checkered Marble flooring along with magnificent Northwest view. Rooms are airy and open, with design choices of the most elegant nature and regard. From the formal living areas to the ultra-luxurious master suite, this home has it all. Other custom finishes include built-in bar, whole house plumbed humidifier, motorized blinds, and far too many more to name. The intelligent floor plan effortlessly lends itself to elegant living, as well as world class entertaining. This home is a must-see!  For more information, click here.

List Price: $3,995,000

304 Winding Rd NOpen Houses:

304 Winding N Road, Ardsley
Sunday, July 10, 2-4pm

Stunning light filled contemporary home with open floor plan, vaulted ceilings in a lush private setting. Set on over an acre of land with in-ground gunite pool. Plenty of space for family and friends to enjoy both inside and outside the home. Updated kitchen with high end stainless steel appliances, spacious family room with wood burning fireplace and dining room. Sliders to outdoor raveislogopatio steps to pool and gazebo. Private master bedroom with three additional family bedrooms. Hidden bonus wine room and private office space completes this home. Come enjoy the pool, just in time for the summer! Preliminary 2016 new tax assessment to be $22,987, not including STAR reduction of $1,991.  For more information, click here.

List Price: $930,000

12 Old Mamaroneck Rd 2P12 Old Mamaroneck Road, #2P, White Plains
Sunday, July 10, 2-4pm

Feel right at home in this fabulous 1 bedroom co-op in the Crystal House. This desirable doorman building offers low maintenance, laundry on every floor, indoor parking and is convenient to all White Plains has to offer. Brand new raveislogostainless steel appliances, parquet floors and oversized walk in closets round out this unit with the kitchen open to the living room/dining area. Star Exemption credit of $134.75 monthly!  For more information, click here.

List Price: $149,000

Comments   

+6 #13 Scarsdale Senior 2016-07-13 18:16
The older residents on smaller lots got hurt the most. The largest homes on the largest lots got a pass. Scarsdale unless your very wealth please leave we do not need you anymore. Thus, the new motto of the Village Government.
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+17 #12 Do not feed the trolls 2016-07-10 21:43
Hey pay your fair share, how about coming out with your real name so we can dig in to your back ground? Creep!
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+21 #11 Jane Curley 2016-07-09 11:49
You really have no idea what you are talking about. You are also a creep to dig into people's personal circumstances and post them, while posting anonymously. A really, really big creep.

I didn't tear down a garage. I purchased a home that had previously been on a larger lot that included a garage. There was never any garage, or additional land, owned by me. I did plan to build a garage, and was anticipating paying higher taxes after that. But given the increased risk of unfair taxation, I am not sure I want to invest in the property any more.

The house I own was listed for months and actively marketed. It has a notably awkward layout that involves two upstairs bedrooms, and two downstairs bedrooms. One of the downstairs "bedrooms" is a maid's room with asbestos flooring and a bathroom with vinyl flooring and an old cast iron tub.

The only other person who wanted to buy it also wanted to tear it down, and was denied. So in addition to no garage, my home has impaired marketability. I paid fair market value in an arm's length transaction. The value may has increased modestly since I purchased, but not over 33%.

I don't see what my Star exemption has to do with anything. You seem very creepy, very confused, and you are a lousy super-sleuth. The law is that you pay taxes based on your property's fair market value. That is what your obligation. Again, this is not opinion.

But keep posting lies about people anonymously. I guess that softens the blow of not having a free ride on the backs of your neighbors.

[quote name="Please Ms Curley!"]Living on Hamilton (lovely street by the way), you have a lovely 0.3 acres and paid ~$20k of taxes last year - in a 4BR, 3BA, 3k SQ Foot house. Not a bad life. YOU demolished the garage and now are complaining you don't have one and should pay less tax.

For the record, I pay more than $80k of taxes with 2 kids in the school district. So.... I am am not "stealing" from you... I am carrying you and your whole family paying more than my fair share while you complain. You were under assessed before and just need to wake up. I work at a "BIG" bank too and know how super quants can make a big difference but also make a lot to do about nothing!! You also are getting the NYS Res Star exemption which takes your assessment down by another ~$100k
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-24 #10 Please Ms Curley! 2016-07-08 22:28
Living on Hamilton (lovely street by the way), you have a lovely 0.3 acres and paid ~$20k of taxes last year - in a 4BR, 3BA, 3k SQ Foot house. Not a bad life. YOU demolished the garage and now are complaining you don't have one and should pay less tax.

For the record, I pay more than $80k of taxes with 2 kids in the school district. So.... I am am not "stealing" from you... I am carrying you and your whole family paying more than my fair share while you complain. You were under assessed before and just need to wake up. I work at a "BIG" bank too and know how super quants can make a big difference but also make a lot to do about nothing!! You also are getting the NYS Res Star exemption which takes your assessment down by another ~$100k.

So rather than thinking your small under assessed crew of quants are smarter than everyone, open your wallet and help fund the town. You get the same police dept, fire dept, garbage collection, schools that the bigger houses get.

So... Get off the silly bandwagon.

Free-riders

Quoting Jane Curley:
No, you are wrong.

This revaluation is completely indefensible. I am also a "quant." I have a graduate degree in math and an MBA. My current job is model validation for a very large US bank. Prior to grad school I and I was a certified NYS real appraiser. This isn't a matter of opinion. If you have the requisite skill set (and this isn't a very high bar), it is immediately obvious that this "model" is a joke.

It's possible there were issues with Tyler, I don't know. My assessment under Tyler was very, very close to fair market value, so I didn't question it. I am not assessing the Tyler results.

If you think this model is reasonable, then you aren't qualified to assess it. Period. Full stop. The model is wrong. No competent professional would take more than ten minutes to start laughing at this. It is a debacle. There is no gray area. This is not a matter of opinion.

A small group may be making noise, but they are correct. You are not. And it is really, really obvious to anyone with any expertise in this area.

If you can't understand this, please call me (725-1692) and I will try to explain it.

But don't try to steal from me. I am not going to pay your taxes for you.

Quoting Pay Your Fair Share!:
Come out from your inner quant selves... You didn't want to question the Tyler model because it showed your homes as being underassessed. My first grade education taught me that. You are looking for every flaw you can...because you don't like to pay your fair share.

Now guess what? Village has ruled and we move forward. Go and grieve if you feel unfairly treated...or frankly, move! (please)

It gets exhausting hearing the same old noise over and over -- from the same small group.

Quoting Fools Gold:
Given the clarity of the variance table I am amazed at the idiocy of "Pay Your Fair Share!"

Can you not understand that table? Or are you just a ........


Quoting Pay Your Fair Share!:
Please make sure you clearly state for the readers that you loved the Tyler assessments because your home had a low assessment and you hate the Ryan model because your home's assessed value has now materially increased to closer to its real value -- and thus, you will pay more in taxes....like the rest of us! Pay your FAIR share!

Quoting Brice Kirkendall-Rodriguez:
And thus we start to see concrete evidence of what Ryan's square root model has done to undervalue the largest homes. Three of the four $2M+ sales on the list above are in the largest quintile of Scarsdale homes (4,400+ square feet). 70% of these homes saw an assessed value reduction by Ryan. BTW, Tyler was closer to correct for most of the homes on this list and that is despite its disadvantage of being based on a three year old sales sample. I'm happy to see the pickup in the higher end of the Scarsdale real estate market. Now we just need to find a way to reflect these prices in our assessed values. Use of Ryan's model is an abject failure.
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+19 #9 Jane Curley 2016-07-08 21:04
No, you are wrong.

This revaluation is completely indefensible. I am also a "quant." I have a graduate degree in math and an MBA. My current job is model validation for a very large US bank. Prior to grad school I and I was a certified NYS real appraiser. This isn't a matter of opinion. If you have the requisite skill set (and this isn't a very high bar), it is immediately obvious that this "model" is a joke.

It's possible there were issues with Tyler, I don't know. My assessment under Tyler was very, very close to fair market value, so I didn't question it. I am not assessing the Tyler results.

If you think this model is reasonable, then you aren't qualified to assess it. Period. Full stop. The model is wrong. No competent professional would take more than ten minutes to start laughing at this. It is a debacle. There is no gray area. This is not a matter of opinion.

A small group may be making noise, but they are correct. You are not. And it is really, really obvious to anyone with any expertise in this area.

If you can't understand this, please call me (725-1692) and I will try to explain it.

But don't try to steal from me. I am not going to pay your taxes for you.

Quoting Pay Your Fair Share!:
Come out from your inner quant selves... You didn't want to question the Tyler model because it showed your homes as being underassessed. My first grade education taught me that. You are looking for every flaw you can...because you don't like to pay your fair share.

Now guess what? Village has ruled and we move forward. Go and grieve if you feel unfairly treated...or frankly, move! (please)

It gets exhausting hearing the same old noise over and over -- from the same small group.

Quoting Fools Gold:
Given the clarity of the variance table I am amazed at the idiocy of "Pay Your Fair Share!"

Can you not understand that table? Or are you just a ........


Quoting Pay Your Fair Share!:
Please make sure you clearly state for the readers that you loved the Tyler assessments because your home had a low assessment and you hate the Ryan model because your home's assessed value has now materially increased to closer to its real value -- and thus, you will pay more in taxes....like the rest of us! Pay your FAIR share!

Quoting Brice Kirkendall-Rodriguez:
And thus we start to see concrete evidence of what Ryan's square root model has done to undervalue the largest homes. Three of the four $2M+ sales on the list above are in the largest quintile of Scarsdale homes (4,400+ square feet). 70% of these homes saw an assessed value reduction by Ryan. BTW, Tyler was closer to correct for most of the homes on this list and that is despite its disadvantage of being based on a three year old sales sample. I'm happy to see the pickup in the higher end of the Scarsdale real estate market. Now we just need to find a way to reflect these prices in our assessed values. Use of Ryan's model is an abject failure.
Quote
-18 #8 Pay Your Fair Share! 2016-07-08 18:49
Come out from your inner quant selves... You didn't want to question the Tyler model because it showed your homes as being underassessed. My first grade education taught me that. You are looking for every flaw you can...because you don't like to pay your fair share.

Now guess what? Village has ruled and we move forward. Go and grieve if you feel unfairly treated...or frankly, move! (please)

It gets exhausting hearing the same old noise over and over -- from the same small group.

Quoting Fools Gold:
Given the clarity of the variance table I am amazed at the idiocy of "Pay Your Fair Share!"

Can you not understand that table? Or are you just a ........


Quoting Pay Your Fair Share!:
Please make sure you clearly state for the readers that you loved the Tyler assessments because your home had a low assessment and you hate the Ryan model because your home's assessed value has now materially increased to closer to its real value -- and thus, you will pay more in taxes....like the rest of us! Pay your FAIR share!

Quoting Brice Kirkendall-Rodriguez:
And thus we start to see concrete evidence of what Ryan's square root model has done to undervalue the largest homes. Three of the four $2M+ sales on the list above are in the largest quintile of Scarsdale homes (4,400+ square feet). 70% of these homes saw an assessed value reduction by Ryan. BTW, Tyler was closer to correct for most of the homes on this list and that is despite its disadvantage of being based on a three year old sales sample. I'm happy to see the pickup in the higher end of the Scarsdale real estate market. Now we just need to find a way to reflect these prices in our assessed values. Use of Ryan's model is an abject failure.
Quote
+18 #7 Fools Gold 2016-07-08 14:07
Given the clarity of the variance table I am amazed at the idiocy of "Pay Your Fair Share!"

Can you not understand that table? Or are you just a ........


Quoting Pay Your Fair Share!:
Please make sure you clearly state for the readers that you loved the Tyler assessments because your home had a low assessment and you hate the Ryan model because your home's assessed value has now materially increased to closer to its real value -- and thus, you will pay more in taxes....like the rest of us! Pay your FAIR share!

Quoting Brice Kirkendall-Rodriguez:
And thus we start to see concrete evidence of what Ryan's square root model has done to undervalue the largest homes. Three of the four $2M+ sales on the list above are in the largest quintile of Scarsdale homes (4,400+ square feet). 70% of these homes saw an assessed value reduction by Ryan. BTW, Tyler was closer to correct for most of the homes on this list and that is despite its disadvantage of being based on a three year old sales sample. I'm happy to see the pickup in the higher end of the Scarsdale real estate market. Now we just need to find a way to reflect these prices in our assessed values. Use of Ryan's model is an abject failure.
Quote
+20 #6 Mayra Kirkendall-Rodriguez 2016-07-08 12:16
Dear 'Pay Your Fair Share,'

If you are willing to come out from hiding behind your pseudonym, my team and I would be happy to share our quantitative analysis demonstrating that Ryan's model is flawed. He purposefully left out over 40% of actual sales and manipulated various multipliers and grades.

Ms. Wallenstein haskindly published a number of our pieces showing the math. Moreover a number of other quants have shared their analysis at the last two village meetings. I am concerned not only about your numeracy, but also your literacy. Best regards, Mayra


Quoting Pay Your Fair Share!:
Please make sure you clearly state for the readers that you loved the Tyler assessments because your home had a low assessment and you hate the Ryan model because your home's assessed value has now materially increased to closer to its real value -- and thus, you will pay more in taxes....like the rest of us! Pay your FAIR share!

Quoting Brice Kirkendall-Rodriguez:
And thus we start to see concrete evidence of what Ryan's square root model has done to undervalue the largest homes. Three of the four $2M+ sales on the list above are in the largest quintile of Scarsdale homes (4,400+ square feet). 70% of these homes saw an assessed value reduction by Ryan. BTW, Tyler was closer to correct for most of the homes on this list and that is despite its disadvantage of being based on a three year old sales sample. I'm happy to see the pickup in the higher end of the Scarsdale real estate market. Now we just need to find a way to reflect these prices in our assessed values. Use of Ryan's model is an abject failure.
Quote
-23 #5 Pay Your Fair Share! 2016-07-08 09:08
Please make sure you clearly state for the readers that you loved the Tyler assessments because your home had a low assessment and you hate the Ryan model because your home's assessed value has now materially increased to closer to its real value -- and thus, you will pay more in taxes....like the rest of us! Pay your FAIR share!

Quoting Brice Kirkendall-Rodriguez:
And thus we start to see concrete evidence of what Ryan's square root model has done to undervalue the largest homes. Three of the four $2M+ sales on the list above are in the largest quintile of Scarsdale homes (4,400+ square feet). 70% of these homes saw an assessed value reduction by Ryan. BTW, Tyler was closer to correct for most of the homes on this list and that is despite its disadvantage of being based on a three year old sales sample. I'm happy to see the pickup in the higher end of the Scarsdale real estate market. Now we just need to find a way to reflect these prices in our assessed values. Use of Ryan's model is an abject failure.
Quote
+21 #4 Mayra Kirkendall-Rodriguez 2016-07-08 08:46
Dear Full Data, We have done the analysis that you recommended. We will send it today to Ms. Wallenstein to see if she can publish it. Ryan discarded over 40% of market data and manipulated construction grades and traffic multipliers. His numbers are way off from actual sales as you correctly point out.
Quote

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