Silvermine Mill Road Home Valuation

Silvermine Real Estate Market Update: What Homes Near 200 Mill Road Are Really Selling For in 2026

Silvermine: One of New Canaan’s Most Desirable Enclaves

Silvermine continues to command premium pricing due to its blend of:

• Historic estates and antique Colonials
• 1–2 acre private parcels
• Proximity to Silvermine Arts Center
• Access to GrayBarns, Mercantile, and village amenities
• Architectural charm combined with modern renovations

For homeowners on Mill Road, values remain strong and competitive.

Recent Closed Sales Within 0.25 Miles of 200 Mill Road

Here’s what the market is telling us:

48 Silver Ridge Road Sold $2,495,000

Closed at full asking price

• 4,878 SF
• Rebuilt in 2019
• 31 DOM

247 Mill Road Sold $2,415,000

Closed at 98.57% of last list

• 4,296 SF
• Antique Colonial
• 174 DOM

15 Mill Road Sold $2,400,000

Closed at 96.19% of list

• 5,184 SF
• Renovated carriage house
• Pool + estate setting

860 Silvermine Road Sold $2,250,000

Sold at 112.78% of list

• 5,094 SF
• 14 DOM
• Multiple offers scenario

95 Heather Drive Sold $2,170,000

Closed at 114.51% of list

• 5,514 SF
• Contemporary
• 12 DOM

Silvermine Price Range Insight

Based on these recent transactions:

Closed Sale Range:
$2,170,000 – $2,495,000

Average Closed Price ≈ $2.35M

Market Behavior Patterns:

• Fully renovated homes = stronger pricing + faster sales
• Underpriced listings = competitive bidding
• Unique antique estates = longer DOM but strong final pricing
• Move-in ready Colonials = tight demand window

Active Competition

135 Comstock Hill Road Listed $2,698,000

• 4,186 SF
• 1845 estate
• 1.74 acres
• Pool + barn + cottage

This listing establishes the upper boundary of buyer tolerance in current Silvermine pricing.

What This Means for 200 Mill Road

Given comparable sales along Mill Road and surrounding Silvermine streets:

A properly positioned property near 200 Mill Road likely falls within:

Estimated Range: $2.3M – $2.7M
(dependent on condition, updates, acreage, and architectural pedigree)

Why Selling in Silvermine Requires Strategic Execution

Luxury buyers in this segment are:

• Data-driven
• Sensitive to pricing strategy
• Motivated by architectural character
• Focused on lifestyle proximity

Overpricing results in stagnation.
Underpricing without strategy sacrifices equity.

Precision matters!

Why Hire Eric Radecki | Coldwell Banker Realty

170 Main Street, New Canaan, CT 06840

Selling in Silvermine is not just about listing on MLS.

It requires:

Institutional-Level Pricing Strategy

Using absorption metrics, price-per-SF trends, DOM velocity, and buyer elasticity modeling.

AI-Enhanced Target Marketing

Geo-targeted luxury buyer campaigns
Predictive relocation targeting
Behavioral buyer segmentation

Data-Driven Negotiation

Positioning offers using market leverage and buyer psychology
Maximizing appraisal confidence

Global Luxury Exposure

Coldwell Banker Global Luxury syndication
High-net-worth digital channels
Strategic pre-market positioning

Silvermine Is Not a Commodity Market

It is a micro-market.

And micro-markets reward precision.

If you own a property on Mill Road or within Silvermine, the difference between average representation and strategic representation can easily represent six figures in net proceeds.

Call to Action

If you are considering selling your home near 200 Mill Road, I would be happy to provide:

• A private valuation
• A pricing strategy consultation
• A confidential seller readiness assessment

Call 475-245-4205 Eric Radecki Licensed Real Estate Salesperson CT & NY affiliated with Coldwell Banker

Coldwell Banker Realty
170 Main Street
New Canaan, CT 06840