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Thursday, October 8, 2009

9229 Paddock Lane - Potomac Commons - $795,000

Listed by Weichert

Google Map Here

Potomac Commons is built along Watts Branch Stream Park off of Falls Road. This community has a mix of house styles, and was built in the late 1960's through the early 1970's. You may sometimes see this advertised as "Fox Hills West" as many of the colonial style homes were also built on the "East" side of Falls Road in the Fox Hills community.

This is a lovely lot. Located on a corner with a nicely tended yard, the home has nice curb appeal. With red brick and a two car garage, this style is ever popular in the Potomac area. The slate path brings you to the front past mature landscape. While lovely, the shrubs could use a trim as they are a bit overgrown.

The formal foyer is white tile and typical for this style home. Living room has pink carpet that is reminiscent of the Miami Vice era. This color scheme prevails in the home and will need updating. The family room has a nice brick fireplace and hardwood. The kitchen is blue Formica with decent white cabinets. While serviceable, the kitchen will need updating soon. The tile floor that goes throughout the kitchen and mud/laundry room is out of style and will be a bear to replace. The breakfast area opens to a lovely deck. This would be a great spot to bring breakfast or dinner outside to enjoy the elements.

The upstairs has 3 teen size bedrooms with an original tiled hall bath. The Master bedroom bath has been updated but the time is near to do it again. The 1984 era sea foam green Corian tops clash a bit with the sponge painted walls.

The basement is large with a walkout slider. The floor is nicely painted and it looks good for a basement. This has great potential to be finished when the time comes.

You know, it may sound like I am being critical, but I like this house and the lot it sits on. It has good "bones" and is a fabulous candidate for a face lift. With all this said, this home will be an ongoing project. Nothing needs to be done immediately, but all will ultimately need to be updated. It is no bargain at the asking price of $795K. I think this will end up in the $750K range when all is said and done.

3 comments:

  1. Thanks for the review. Would the walk out basement not make the possibility for this house to sell for more than $750?

    8729 wandering trail was listed for $789, you predicted it selling for $735 and it sold for $770.

    Thanks
    PC

    ReplyDelete
  2. It is always possible for the home to sell at full price or more. It only takes 2 parties wanting the same home to escalate prices to the list price and sometimes beyond.

    I was wrong in my prediction of Wandering Trail but this is not an exact science. Over the past year I have done close to 200 reviews. Most of my predictions are within a few percent of final sales price. Still, this site is only one mans opinion.

    With that said, please use this forum as a guide and not the Gospel. Make your offers based upon what a home is worth to YOU and your family. Take into consideration the length of time you will be in the house and how the house and location fits into your lives.

    I will be curious to see what the final price of this home will be. Once the property sells and settles, I will update the review.

    Thanks for reading, and spread the word!

    ReplyDelete
  3. Hello. I definitely agree that the most important thing is what home means to the particular person and whether the particular house could become a comfortable home for him/ her. However, I'm quite curious for how much this home will be sold too, so thanks for planning to update your post.
    Take care,
    Elli

    ReplyDelete