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Monday, August 9, 2010

12225 Seline Way - Fallsreach - $964,000

Listed by L & F

Google Map Here

This is a lovely brick home on a quiet court in Fallsreach. Sited on a third acre, this 1984 home has held up beautifully. Well maintained - this home has nice curb appeal on a safe cozy cul-de-sac.

The large foyer is open and light. Patterned ceramic tile is a bit dated, but high quality. The large living room is hardwood with plenty of windows and light. An office off the foyer is a great spot to pay bills or work from home. The family room is hardwood with a lovely stone fireplace centered on the side wall. The updated kitchen is adjacent with tile floor and granite counter top.

The dining room is typical for a home in this price range with hardwood and upgraded mouldings. A covered screen porch is a nice escape from the summer mosquitoes and provides shelter from the cool fall wind. A large deck runs the full length of the house and is a great place for a party. The home has good flow for entertaining.

Upstairs has 3 teen size bedrooms and an upgraded master suite. The master bath is a step up from the master and is beautifully redone. Glass block shower room and nice cabinets will please most home buyers. The hall bath has also been redone nicely.

The basement is finished and currently used as a home office. There is a slider out to a slate patio and the windows allow light to brighten a normally dark basement area. There is more space than meets the eye here. The space is broken up into small rooms to suit the current owners needs. Some of these partitions can be removed to allow a lot larger expanse in this area.

This is a nice home and a quality neighborhood. The Churchill cluster schools are a big draw. The home is priced aggressively compared to past sales. I see this one settling closer to $915,000 when settlement occurs.

Saturday, August 7, 2010

9400 Reach Road - Fallsreach - $899,000

Listed by WFP

Google Map Here

This is a nice colonial on a corner lot in sought after Fallsreach. Built in 1982 - this home has been well maintained. The center foyer is hardwood and is typically formal. The living room is large and dining room is well lit. The colors and wallpaper throughout this first floor are dated and probably original.

The kitchen is large and has plenty of room for a family size table. The resilient flooring and Formica counter tops are original. It looks like some of the appliances have been updated and would easily shift over to a new kitchen should the new owner decide to upgrade.

The upstairs has 3 good size bedrooms and a nice master suite. The baths are original and are looking a bit tired. The wallpaper theme continues and cost to remove will have to be factored into any offer.

The basement is finished and has good light. There is an exterior exit to the front driveway which is a nice touch. This is also where you would enter the 2 car garage. There is space here for a TV and gaming area - but the garage on this level limits your finished space.

This home has good bones but will need updating. The corner lot shows nicely, but the home is sited on a diagonal which limits your usable yard space. The price point below 900K will certainly generate interest. Any offer though will also take into consideration the amount it will take to bring this home up to date. Look for this one settling between $850K to $870K when the ink dries.

Thursday, August 5, 2010

2508 Stratton Drive - Montgomery Square - $729,500

Listed by L & F

Google Map Here

Montgomery Square is lovely community located north of Montrose Road and East of Falls Road. Built in the late 1960's - this is one of the few remaining "affordable" communities in the Potomac zip code.

This is a lovely home on one of my favorite streets in Montgomery Square. With a brick front and extended concrete driveway - this home has nice curb appeal. Although it does not have a garage - the extended concrete drive leaves plenty of space for 2 cars.

This home has been completely updated. Windows, door hardware, switch plates, kitchen - nothing has been spared. This is a true turnkey opportunity for someone that wants an established neighborhood without the time consuming and expensive upgrading.

The colors of the fresh paint are very tasteful and timely. The carpet and decor are timeless and show very well. The kitchen is lovely with new maple cabinets and stainless Kitchen Aid appliances. The hardwood is in great shape and a large office on the first floor is perfect for someone that works out of the home.

The bedrooms upstairs are all nicely decorated and decent size. The floorplan has been reworked here to provide additional space in the master bath. It is large then most, and the space taken from the adjacent room is unnoticed.

The basement is partially finished and has room for TV and game boxes. A wall of closets can keep the kids games organized and clutter off the floors.

The yard is fenced and nicely maintained. There is a shed for tools and mowers that would normally stay in a garage. This is a nice spot for a summer cook out for all of your friends and neighbors.

With all of this said - the upgrades come at a price. At $729,500 the homeowners are looking to get every penny they spent for upgrades back out of this home. In the Churchill school cluster this price would be a no-brainer. In the Walter Johnson cluster - it is going to be tough to get this price - even if it is offered. The house a few doors down sold at $50K less just a few months back. A home on Atwell sold at $730K in May - but it had a nice addition on the back and carport which this home is lacking. Although this home has great upgrades, the appraisal will be tough, even if the price is offered.

This is a good home to watch. The tasteful upgrades may lure someone to pay the price. If they do, it will mean good things for everyone else in Montgomery Square. More likely - it will settle between $690K and $710K when all is said and done.

Tuesday, August 3, 2010

I'm Back ! Time to Focus on Potomac Once Again!

CHINA!

I have been on a sabbatical for the past few months from my reviews.

Things have been incredibly busy ~ and I have had the opportunity to sell a whole lot of Real Estate.

I spent the month of July in China with my 2 beautiful daughters. They have been raised in the award winning Chinese Immersion Program at Potomac Elementary ~ and wanted some practice.

Thank-you to all my loyal readers for your patience. I will be back this week with new reviews and ongoing advice.

If you are ready to purchase or ready to sell your property ~ I am ready to assist. Shoot me an e-mail for a personalized and no obligation ~ confidential~ appointment.

I look forward to hearing from you!