April 27, 2007

Magnolia: Updated? A Matter of Definition?

The paper flyer for this house was written by a master. It sounds so nice, almost anyone would want to come inside and take a peek. I did a little more than that and here’s what I found: The house seems to me like it needs a new electrical service and it still has knob and tube even though the flyer says the electrical was updated. The plumbing story is about the same. When I asked, I was told that the pipes out to the road are new, but the ones in the house are galvanized and original. The basement walls have vents, inside. I have never seen that before and I noticed what looked to me like traces of water damage along the bottom of the walls. The kitchen needs major updating and the bathrooms on both floors could use a facelift too. The upstairs has sloped ceilings that gave me the feeling that the master is not much of a master at all. I guess it’s all in how you define it. However, with some cash for a dormer, it could be a great master with fabulous views. Updating this house could cost a pretty penny and take some time, but the neighborhood is wonderful and the views are spectacular. If you’re interested in this house, I suggest doing a close inspection since there seem to be a few discrepancies on the flyer.

Price: $899,000
Beds: 3
Baths: 2
Sq. Ft.: 3020
Price/Sq. Ft.: $298
MLS# 27067522