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Tuesday, January 13, 2009

12038 Coldstream Drive - Beverly Farms - $1,100,000


Listed by ReMax


Hmmm....Ever see a home that seems out of place? This home is a renovation located in the Beverly Farms subdivision off Falls Road. This is a split level originally built in 1966 and renovated top to bottom in 2008.

This neighborhood is a nice one. Not many homes turn over in the community. I credit the schools and neighbors for the cohesiveness. Split levels generally sell in the $700K range when they are available.

This home is at the end of a culdesac backing to Falls Road. The lot is a bit over a half acre, and rises toward the back. Falls Road is directly behind the property and the noise from traffic is loud from the outside. Once inside the new windows and insulation keep the traffic noise out.

The foyer in this home soars 2 levels and is a nice feature. New hardwood floor with cherry stain are also a nice touch. The kitchen in this home is immediately on your right side. This may not be for those who do not keep their kitchen spotless. Nothing you can do to keep the mess out of view.

The kitchen has been nicely done with dark cabinets and ceramic floor tile. The appliances are Sears Elite...for this money they should have gone with a higher end name. The kitchen leads to a dining room along the back of the home. The room is huge. The way the dining room light is centered, you could fit a banquet table of 20 people.

The living room is a step down to the left. The living room is sort of narrow, but should serve its purpose. The Family room is another 3 steps down on the left side of the home. A nice Large room with fireplace and wet bar. This is the nicest room in the home. The lower basement is completely finished and carpeted. The smell is a bit musty, and a humidifier running full speed leads me to believe this area is damp.

The home has 2 master bedrooms. One on upper level one, and another on the top level. The room sizes are good, and the level of finish is decent as well.

This home is an over improvement for the neighborhood. A split level with a one car garage will not fetch $1.1mm in this area. The Mediterranean finish on the exterior of this home is also out of place and will be pleasing to a small percentage of the market. The final nail in the coffin is it's proximity to Falls Road. Although I feel bad for the seller, they will have a difficult time selling at this price.

I see this home selling in the low to mid $900K range.

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