Audacious Flips and Renovations

[faster]

[ellsworth]

[femto]

[wsucougz]

Purchased 1/19/2007 $500,000
Selling price: $719,000
Improvements: already out of style

http://redfin.com/stingray/do/printable ... id=1284288

[EconE]

[biliruben]

Sited proudly on a Bryant crest this lovingly restored craftsman welcomes you into a beautiful open & spacious main flr. Rich dark hrdwds, formidable white trimmings, stunning epicurean kit, incredible slate frplc view windows across the back & lrg deck. Grand stair case leads to getaway private mstr suite, Mt R view balcony, 2nd bdrm & full bth. Garden daylite lvl tiled thruout laundry rm, 2 bdrms, full bth & lrg media rm. Access to patio & lrg flat back yard. Owner is a lic. Real Estate Agent.

Bought 10/25/06 for 461K.

Asking $869,950.



I hope that lic. Real Estate Agent chokes on her hubris.

[femto]

Double gag, though I think that "garden daylight level" (aka "basement") may be the best REA euphemism since "territorial views" (aka "no view").

[Scotsman]

"formidable white trimmings"

WTH? Is it safe?

[deejayoh]

[Lake Hills Renter]

[deejayoh]

[Scotsman]

[femto]

Not jaw dropping, but I think still audacious:

http://www.redfin.com/stingray/do/print ... id=1257826

Bought 05/18/2007 for $400,000
Now on market for $629,000 (a 57% increase)

At $409 per square foot this is now priced about 30% above the average in the area.

[biliruben]

Granite, stainless, mocha tile and a sheik roof?

Worth 229K, easy.

It's a simple formula. But the variables are changing.

[femto]