It is not often I see a home that has been on the market over 1000 days. That's right, not 100 days, 1000 days. 1036 days to be exact. That is almost three years.
This home is near the intersection of Bells Mill Road and Falls Road. The corner lot is owned by the developer as well, and at some point in time may be developed. The lot is ungraded, filled with weeds and brush and has remnants of construction debris from previous building. It looks horrible and may be a reason why the home next door has been languishing almost 3 years.
This is an attractive home from the outside. It is approximately 5000 square feet above grade, with an additional 2500 in the finished basement. With 4 bedrooms and four full baths upstairs and an additional bedroom and bath in the basement, this home is typical of many new construction in the area. It is finished nicely, but not properly. It is important to tend to the details in this price range.
Offered at $1.895 million, the seller is looking for top dollar on this home. In order to get close to that, they will have to send someone in to be sure the home is in top condition. They need to groom the landscaping, integrate the lot next door into this design (We know it is a separate lot, but no one wants to live next to a junkyard), and stage this home with some furniture and accessories. What would it take to install some nice brass numbers above the door to identify the home. Currently they have the house number painted (poorly) above the front door.
If this home was on a quiet cul-de-sac instead of a main road, the price would not be too far out of line. On Bells Mill Road this home will have to be reduced quite a bit to get noticed. There are too many competing properties for this to sell near that pricepoint. Look for this to finally settle in the $1.45 range if the sellers get serious.
PLEASE invest in some nice brass numbers for above the door. It will make a big difference in the perception of a potential buyer.
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