A waterfront property in Varick sold for nearly $1.3 million, becoming the most expensive residential sale in Seneca County last week. The transaction highlights a significant gap in the local real estate market, where the average sale price was just over $365,000.
In total, seven residential properties were sold across the county, with title records finalized between November 8 and 14. These sales provide a snapshot of a market with diverse price points, from modest single-family homes to high-value lakeside estates.
Key Takeaways
- A home in Varick sold for $1,275,000, making it the highest-priced sale in Seneca County for the week.
- The average sale price for the seven properties sold was $365,592.
- The average price per square foot across all sales was approximately $188, but the Varick property commanded $551 per square foot.
- Sales were recorded in Varick, Fayette, Covert, and Seneca Falls, showing activity across the county.
A Closer Look at the Top Sale
The standout transaction was the sale of a single-family residence at 4622 Willow Cove in Varick. The property, built in 2000, fetched a final price of $1,275,000. The deal was officially finalized on October 20.
With a living area of 2,314 square feet, the sale translates to a remarkable $551 per square foot. This figure is nearly three times the county's weekly average of $188 per square foot, underscoring the premium placed on specific locations and property features within the region.
By the Numbers: The Varick Property
- Sale Price: $1,275,000
- Location: 4622 Willow Cove, Varick
- Square Footage: 2,314
- Price Per Square Foot: $551
- Features: 3 bedrooms, 3 bathrooms
- Year Built: 2000
This sale alone significantly skewed the county's average price. Without this high-value transaction, the average sale price for the remaining six properties would have been approximately $214,000, offering a more typical view of the market for most buyers and sellers in the area.
Diverse Market Activity Across the County
While the Varick sale captured the headlines, other transactions show a broad range of activity. The six other homes sold for prices between $140,000 and $275,000, reflecting a more accessible segment of the market.
Fayette saw notable activity with three separate sales. A 2,304-square-foot home at 4106 State Route 96a sold for $275,000 on October 17. This property, built in 1970, features three bedrooms and one bathroom, with a price per square foot of $119.
Nearby, two properties on Leader Road also changed hands. A home at 1812 Leader Road sold for $205,000 on October 22, while another at 1592 Leader Road was purchased for $200,000 on October 17. These sales demonstrate stable pricing for homes of a similar size and age in the same vicinity.
Understanding Price Per Square Foot
Price per square foot is a key metric for comparing real estate values. In Seneca County last week, this figure varied dramatically. The lowest was $64 per square foot for a large home in Covert, while the highest was $551 for the luxury property in Varick. This wide range illustrates how location, condition, and amenities heavily influence property values beyond just size.
Sales in Covert and Seneca Falls
The town of Covert also registered two home sales. A spacious 3,360-square-foot house at 3203 Kellys Corners Road sold for $214,146. Built in 1988, its size resulted in a low price per square foot of just $64, offering significant value for the buyer. The deal was finalized on October 22.
Another Covert property, located at 3694 Six Corners Road, sold for an even $250,000. This 2,232-square-foot residence, built in 1964, came out to $112 per square foot. This sale was completed on October 21.
The most affordable transaction of the week occurred in Seneca Falls. A 1,264-square-foot single-family home at 17 Maple St. was sold for $140,000. This historic house, built in 1860, features two bedrooms and two bathrooms. At $111 per square foot, it represents an entry-level price point for the county. The sale was finalized on October 20.
Summary of Weekly Real Estate Transactions
Here is a complete breakdown of the residential real estate sales recorded in Seneca County for the week, ranked from highest to lowest price:
- $1,275,000: 4622 Willow Cove, Varick (3 bed, 3 bath, 2,314 sq. ft.)
- $275,000: 4106 State Route 96a, Fayette (3 bed, 1 bath, 2,304 sq. ft.)
- $250,000: 3694 Six Corners Road, Covert (3 bed, 2 bath, 2,232 sq. ft.)
- $214,146: 3203 Kellys Corners Road, Covert (4 bed, 2 bath, 3,360 sq. ft.)
- $205,000: 1812 Leader Road, Fayette (3 bed, 2 bath, 1,128 sq. ft.)
- $200,000: 1592 Leader Road, Fayette (3 bed, 1 bath, 1,008 sq. ft.)
- $140,000: 17 Maple St., Seneca Falls (2 bed, 2 bath, 1,264 sq. ft.)
These transactions illustrate the multifaceted nature of the Seneca County housing market. While high-end sales can grab attention, the majority of activity remains in the more moderate $200,000 to $300,000 price range, catering to a different segment of homebuyers.
