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Monday, December 8, 2008

Greenleaf Avenue - Willerburn Acres - $759,000

As you drive through Willerburn Estates you see new homes sprinkled among the original homes from the 1960's.

With large 1/2 acre lots, this community is attracting new money.

This home is a plain jane from the outside. Once you get into the home, the space is surprising. With a nice floor plan all this home needs is some cosmetic renovation.

The kitchen has been given an inexpensive face lift, and it shows. Although it does not look bad, it looks inexpensive. If the kitchen was completely re-done, it would have paid dividends in the final price.

The bedrooms are good sized, and all of the baths will need updating. The basement is paneled and smells a bit musty. The dehumidifier against the wall just reinforces the point.

The yard outside is large with huge potential.The half acre is reasonably level and would have great potential for a pool. With a little landscaping and TLC, this yard could be beautiful.

At this price it is difficult to justify knocking down this home and building a McMansion. The lot though, certainly is attractive for this purpose. With great schools (Churchill Cluster) and a great location, this home and lot is attractive. The sellers will have a tough time getting their asking price. I see this selling in the $718K range.

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