Score
0Weston, CT
10 Cannondale Rd
1.6M
5 beds
4 baths
4,576 sqft
5 bd • 4 ba • 4,576 sf
This analysis was generated on 1/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
List Price
$1,550,000
Price/Sq.Ft
$339
Year Built
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
This property at 10 Cannondale Rd, Weston, CT offers exceptional value with its spacious 4,576 sq ft layout, priced at $338.72/sq ft, which is approximately 15% below the average price per square foot for similar homes in Weston. The 5-bedroom, 4-bathroom configuration provides ample space for large families or those requiring extra rooms for home offices or guest accommodation. The property's location in Weston, known for its excellent school system (typically ranked in the top 3% nationally), adds significant value for families. The home's classic New England style architecture with white exterior maintains a timeless appeal and fits well with the area's aesthetic. The large, well-maintained lot with mature trees offers privacy and ample outdoor space, a highly desirable feature in the current market. The gravel driveway provides parking for multiple vehicles, addressing a common concern in rural areas.
The Bad
While the property has many positive attributes, there are some potential drawbacks. The exact year built is unknown, which could indicate an older home with potential maintenance issues or outdated systems. No specific features or utility information is provided, suggesting possible need for updates or renovations to meet modern standards. The lack of a detailed property description makes it difficult to assess the interior condition and any recent improvements. Given Weston's reliance on septic systems and private wells, the absence of information on these critical utilities is concerning and would require thorough inspection. The property's size and lot may lead to higher maintenance costs and property taxes, which are already high in Weston (typically around 2% of assessed value).
The Ugly
The most significant concern is the potential for hidden issues due to the lack of detailed information. If the home is older, it may require substantial updates to major systems such as HVAC, electrical, and plumbing, which could cost upwards of $50,000 or more. The septic system, if original to an older home, might need replacement, a project that can easily exceed $20,000. Weston's strict land use regulations could limit future expansion or renovation options, potentially affecting long-term value. The high property taxes in Weston, combined with the home's size, could result in annual tax bills exceeding $30,000 based on the listing price and typical mill rates. This significant carrying cost may impact affordability for some buyers. Additionally, the rural location might mean limited access to public services and longer emergency response times, a factor to consider for safety and insurance purposes.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
This property is best suited for affluent buyers with household incomes well above the Weston median of $204,792, ideally $350,000 or more annually, to comfortably manage the mortgage, taxes, and maintenance costs. It's ideal for large families or multi-generational households who can fully utilize the 5 bedrooms and spacious layout. The home would appeal to professionals who work from home and need dedicated office spaces. Nature enthusiasts and those seeking privacy will appreciate the large lot and mature landscaping. Buyers who value top-tier public education will benefit from Weston's excellent school system. The property could also attract those looking to move from urban areas to a more rural setting, a trend that has gained momentum in recent years.
Not For
This property is not suitable for first-time homebuyers or those with limited budgets due to the high purchase price and ongoing costs. Buyers looking for a low-maintenance lifestyle or those uncomfortable with the responsibilities of septic and well systems should look elsewhere. It's not ideal for individuals or couples who prefer smaller, more manageable spaces or those who prioritize walkability and easy access to urban amenities. Investors seeking immediate rental income may find the potential returns challenging given the high acquisition cost and Weston's regulations on short-term rentals. Those with mobility issues might find the multi-level layout and potentially large property challenging to navigate and maintain.
Demographics
Area Median Income
$204,792
Property History
Price History
Ownership Timeline
$1,550,000Financed
Jul 1, 2022Jeffrey A Francis, Brandy B FrancisDimothy Foux, Keely Foux
Warranty Deed
Standard Sale (Purchase/Resales)
$810,000Financed
Jan 1, 1970Bari Lynn CardiffJeffrey A Francis, Brndy B Francis
Warranty Deed
Standard Sale (Purchase/Resales)
$200,000Financed
Jan 1, 1970Michael CordiffBari Cardiff
Quit Claim Deed
Standard Sale (Purchase/Resales)
Sunlight Analysis
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Financials
Monthly Costs
Market Rent (5 bed)
Get a detailed estimate on Zillow$2,520
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