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Monday, December 1, 2008

Stable House Court - Potomac Commons - $925,000


This well maintained Georgetown model has an extension in the rear to provide great space.

This home is a 5 bedroom colonial with great curb appeal in the Potomac Commons neighborhood. Built in 1971, this Georgetown model has been expanded. The owners added to the rear of the home to increase the space in the breakfast area and family room. The windows in the breakfast area flood the space with light and make the space seem open and airy. The family room addition is a step down and has high cielings and gas fireplace.

All of the bedrooms upstairs are a good size. The 5th bedroom upstairs was an add on with the addition, and the 3 full baths are plenty large to keep the family happy. All of the baths have been updated since the home was built in 1971. Although they are not new, they are functional and need not be updated right away.

The basement is good size and finished with beadboard. Somewhat dated, the space could be inexpensively upgraded to drywall with space for home theatre.

The only issue I have with this home is the traffic flow on the main level. With the Georgetown model, you have to go around through the family room or dining room to get to the back of the house. While for some folks this is an advantage, for those that like to entertain it is a problem. The kitchen and family room are needing to be updated. For less then 10K, you can take up the 8x8 tile and replace the whole thing with hardwood or Pergo. It would make a huge difference in the presentation.

This home is worth $925K. It won't get it because these updates were not completed in advance. To warrant top dollar, you need to take the time and spend the money to make these improvements to knock a buyer's socks off. Because the work was not done, this home will end up selling for less then it is worth. Look for a final sales price of $885K.

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