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Tuesday, October 28, 2008

Canal Vista - Rivers Edge - $1,595,000


Canal Vista is about 4.5 miles outside Potomac Village. The home is about 20 years old and is nicely appointed.


With 5 bedrooms and 4 full baths, this home has great potential. High ceilings, nice mouldings and good floor plan make this home very attractive. A large deck all across the back of the home is accessible from most rooms on the main level. This would be a super party house with the proper seating and furniture for this large outside area. The basement has beautiful (albeit dirty) maple floors and is finished out with a wet bar and plenty of space for the kids. One of the 5 bedrooms is down on this level along with a full bath.


When you are selling a home in this price range you want to do your best to prepare it well before marketing. This home needs a lot of TLC. The home certainly needs a thorough cleaning. It does not look like it has had a good cleaning since before the last occupants moved out. There are many ceiling lights burnt out in the upstairs hall which need to be replaced to show off the high ceilings and wide mouldings. The outside landscaping has been allowed to overgrow a bit which really takes away from a nice lot on a pretty cul-de-sac. There were some water leaks in a few locations that have caused the drywall to stain and the drywall tape to bubble an pull away from the wall.


This home needs about $5000 of cleaning, minor repair, painting and yard work to make it look nice again. The competition in this $1,500,000 price range is fierce in Potomac. This home does not stand a chance of selling unless it looks like a shiny penny, or the price is brought down to true bargain level. The owners need to take a look at the home on Nantucket Terrace to truly understand their competition. It is no longer high times for real estate; even in Potomac. To sell in a reasonable time, you have to work hard to make a great first impression.

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