Friday, February 10, 2012

11514 Gainsborough Road - Regency Estates - $569,000

11514 Gainsborough Road - Potomac
Listed by Long and Foster

Regency Estates is one of the few remaining neighborhoods in Potomac that you can find a single family home for under $600,000. Located between Seven Locks and Falls Road - It is well located for commuters and feeds into the Churchill High cluster - one of the best schools in the Tri-state area.

This community was built in the early 1960's - and most of the homes in the neighborhood have been updated over the years.  This home is a tidy brick rambler that sits on a third of an acre.  It looks like the driveway was just replaced - and the slate walk has recently been re-pointed.  This is always a good sign when walking into a home.

The foyer is shallow - with the door to the kitchen on the immediate right.  The kitchen has been updated with nice tile floor - stainless steel appliances and hardwood cabinets.  There is plenty of room for a kitchen table in front - and the bay window lets in great light.

The foyer continues in to a living room and dining room combo in the back of the home.  Nice hardwood floors - typical of the era - are well maintained and look great.  Neutral paint colors make it easy to picture how your furniture will fit in the open space.

Three large bedrooms and an updated bath round off the upper level.  The master bath has been updated over the years - and look great.  A large stall shower - and newer toilet and sink are contemporary and need not be updated.  Once again - neutral colors - neat and clean make this very attractive.

The lower level is larger than you think.  A large family room leaves plenty of space for TV or toy room.  A bedroom and full bath are perfect for an Au-pair or rebellious teen.  An exit via area way gives easy ingress and egress to this space.  A laundry room and storage finish off the space - and overall - a nice package.

The price? - Anything under $600K for a mostly renovated house is a good price.  This one is priced reasonably and should sell very quickly.  It should probably sell within 5% of list price.  The inventory in this market is low - which bodes well for the seller. 

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