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Monday, May 4, 2009

9601 Accord Drive - Concord - $995,000

Listed by Long and Foster

Google Map Here

I brought some prospects to see this home late last year and it did not show well. It was withdrawn and showed up again on the market in late April at a reduced price. I decided to take a look at it again.

Accord Drive is a quiet street that is easily missed. Connecting River Road on one end, and a quiet Hall Road on the other, this street has a mix of old and new. This home is located on 1.16 acres with a large back yard. The home was built in 1960 and has just been updated. The kitchen has been completely redone and all of the old windows have been replaced. A fresh coat of paint, a thorough cleaning and some yard cleanup goes a long way to make a home look good.

I was pleasantly surprised to see all of the work done on this property. It has been dramatically improved since late last year and the price reduced. It leads me to believe the owners truly understand what needs to be done to get a home sold in this challenging market. Kudos to the agent as well. Pricing this home below $1mm is aggressive and smart. With the improvements on this home it should not last long, even in this market.

This home has an unusual floor plan. The front door takes you into a small foyer. Immediately to your left is the kitchen, and to the right a stairway to the basement. The dining room and family room are good size with a view of the backyard and pool. The windows let in plenty of natural light which enhance the refinished floors.

The upstairs has 3 smallish bedrooms and a decent size master suite. The baths have been upgraded and bedrooms are ready for occupants. The basement has a home theatre that I initially thought conveyed with the home but does not. Any offer should be sure to request the home theatre as part of the sale. A new full bath and decent size bedroom would be great Nanny or teen quarters. There is a funky smell in the basement. I am not sure if it is from moisture or possibly smoke from the previous resident.

This home is now priced well in this market. This home is convenient to the village (short walk)and part of the Churchill cluster. Anyone looking in this area that wants some acreage should put this home on their list to see. This should settle in the neighborhood of $950K to $975K once sold.

5 comments:

  1. The location is great and it's a good size yard. I also liked that it had a walkout basement. I presume that something can be done about the smell.

    The problem is that there is a mismatch between the size of the house (about 2100 sqft w/out the basement) and the size of the yard (over 1 acre). I also didn't like that the living room is in the basement and that the kitchen was right next to the entry.

    I thought it's too expensive for a small house (despite the big backyard). Someone may be willing to remodel the house, but that would make other properties cheaper in comparison.

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  2. Thanks for the comment! It is all about the location for this home. There are many homes in this neighborhood on similar size lots being purchased and razed strictly to rebuild on the lot. This lot is a good candidate, and I am guessing the agent has this in mind.

    I still believe it is priced right. It is a matter of someone seeing it that has been waiting for the neighborhood, schools and proximity to the village.

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  3. This comment has been removed by the author.

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  4. Fox Hunt is a much better value for a rebuild. It is 2 acres, and much more proximate to larger mansion style homes.

    I did a review on January 8th of this year. You can find it here:

    http://potomacsecretagent.blogspot.com/2009/01/fox-hunt-lane-potomac-outside-1150000.html

    or you can put the address in the search box. Thanks for the comment!

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  5. I love the house

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