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Tuesday, October 28, 2008

10605 Stapleford Hall - Kentsdale Estates - $2,000,000


Why $2,000,000? Why Not $1,999,999? Silly how the difference of one dollar can make a huge difference in generating traffic. Kentsdale Estates is a fabulous community with a good selection of luxury homes. Most are about 9,000 finished square feet, and the appointments and level of finish is usually high.


This home is nice but worn. The rooms are spacious in the living areas downstairs and it seems the home has good bones. There have been some nice updates in the kitchen consistant with homes in this neighborhood but there are also some problems. There is an unfinished wet bar in a small closet that is in open view adjacent to the kitchen. The wet bar looks out of place and the unfinished cabinetry is an eyesore. The ceilings in the home are all textured, which went out of style many years ago. The open wrought iron rails on the WIDE staircases are actually back in vogue. The home has a nice flow once you get the hang of it.

There is nothing wrong with this home that some money and time cannot take care of. The price is out of whack too. It is at least $200,000 overpriced in its present condition. The owners should consider some minor work to make this home show better.


First, fix the wet bar in the kitchen area. A simple cabinet front hiding the sink will be fine for now. Replace or steam clean the carpet going to the basement. Obviously the home has boys and the dirt trail on the carpet going downstairs to the weight room is pretty pronounced. Speaking of the weight room, how about a something to mask the odor from the weight mats and sweat.


Unfortunately, this home is "Subject to 3rd party approval" for all contracts submitted. Usually this means a short sale, which are very difficult to work with. If you like the floor plan and location, I would say wait this one out. You may be able to get it for $1,6000,000 later this year at the courthouse steps.

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