7900 Declaration Lane - Regency Estates - $799,000

Listed by Long and Foster

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Regency Estates is a sought after community just off Seven Locks Road. This home is lovely brick colonial at the intersection of Declaration and Democracy. A former model home, this home has recently been completely updated.

This home is a center foyer colonial on a corner lot. The foyer has tile which runs straight back through the kitchen and laundry area. The rest of the home has lovely hardwood floors.

The center foyer steps down into a nice living room and dining room. Nice mouldings and new paint look great. The staging done for this home is fabulous. Kudos to the listing agent.

The family room on the right side of the foyer is nice with a fireplace against the side wall. The kitchen is completely redone with granite and all the latest stainless appliances.

The upstairs too has been completely redone. The Master has two walk in closets and a separate linen closet. The bathroom is small for a master, but it too has been upgraded. The other bedrooms are all hardwood and decent size. Certainly fine for a teen, child or guest.

The basement stairs are done with indoor outdoor carpet. There is a "short step" at the bottom of the stairwell that may be dangerous. Focus and watch your step going downstairs. The basement is finished in light colored Pergo and has a Nanny suite with full bath. The rest of the basement has plenty of space for a TV, couches and home theatre.

This is a nicely upgraded home with good location, schools and neighborhood. The home is sited so there is not much of a back yard. There is quite a bit of noise from busy Seven Locks Road which may turn some people off. This is by far the most expensive home in Regency Estates. A similar colonial settled in September at $675,000. Although not upgraded, it provides a basis for price.

The current owners probably spent $100K in upgrading this home. They should expect to get about 60% of that money spent back. I see this home going to settlement at close to its county assessed value of $643,000 when all is said and done.