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September 2, 2009

House of the Day: 168 Midwood Street Revisited

168-Midwood-0909.jpg
When 168 Midwood Street was first featured as a House of the Day over a year ago, it was a FSBO asking $1,350,000. At the time we wrote, "It's got a nice feel to it, which is good because the owner is trying to sell it for almost double what she paid in 2004." The consensus among commenters was that it was overpriced (and that she needed to invest in some decent photographs), a view that has proven to be on-the-money as the house has languished on the market. The owner finally gave the listing to Corcoran in March, where it's been sitting with its still-too-high price tag of $1,250,000 since. What's it gonna take to move this house?
168 Midwood Street [Corcoran] GMAP P*Shark
House of the Day: 168 Midwood Street [Brownstoner]





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Comments

I'll buy it for $275k.

Posted by: tybur6 at September 2, 2009 1:17 PM

A floor plan, pictures of the bath(s) and a price sub $900,000.

Posted by: BrooklynIsHome at September 2, 2009 1:22 PM

"What's it gonna take to move this house?"

Three quarters off or no more gun-toting jealous husbands.

***Bid half off peak comps***

Posted by: Brownstones Half Off at September 2, 2009 1:23 PM

...or maybe a more realistic seller and a buyer less cynical that you people.


Posted by: moreteasir at September 2, 2009 2:19 PM

If you like this part of Brooklyn, this looks like a terrific house. I really like the covenants on these blocks that prevent the houses from being chopped-up boarding house style.

Posted by: Minard Lafever at September 2, 2009 2:35 PM


Bring back the What!

He was the only thing halfway interesting about this site.

Brownstoner himself hardly ever posts and rarely provides his own opinion on anything, unless it's his distaste for recessed lighting or Federer air conditioners in historic brownstone.


Posted by: IronBalls at September 2, 2009 2:38 PM

Really? I come here every day many times. I'm interested.

Posted by: Nomi at September 2, 2009 2:46 PM

Beautiful interior, but doesn't that price need to come way down? Say, below the magic million dollar mark?

Posted by: DitmasSnark at September 2, 2009 2:46 PM

I think so.

Posted by: Nomi at September 2, 2009 2:51 PM

I thought the what's posts were rather repetitive and not really at all interesting. I just skipped them.

Posted by: Minard Lafever at September 2, 2009 2:52 PM

It's a beautiful house and the bathrooms are nice - also has a nice yard. Definitely overpriced though.

Posted by: brownstoner newbie at September 2, 2009 3:00 PM

I can't conceptualize it without a floor plan, tho rooms look very nice.

Posted by: Nomi at September 2, 2009 3:07 PM

sorry folks, unless its a near mansion, PLG ain't goin for over a mil any time soon again.

Great housing stock but no schools, little amenities on a dismal main commerce block, and a huge disconnect between haves and have nots (though a very nice family-oriented nabe)

People buying Million Dollar Homes aren't looking to do their shopping, dining, or much else on most of Flatbush there.

Reeks of risk.

Posted by: MoneyForNothing at September 2, 2009 3:24 PM

Really? I come here every day many times. I'm interested.

Posted by: Nomi at September 2, 2009 2:46 PM


He said INTERESTING, not INTERESTED. But perhaps you are that too...

Posted by: MoneyForNothing at September 2, 2009 3:26 PM

This house would sell at 1,150,000. The owners have simply remained firm because they don't especially need to move. There has been alot of movement of houses in Lefferts Manor in the past few months. This house will sell over 1 mil. The two story houses are selling right not at around $975,000.

Posted by: dt at September 2, 2009 6:20 PM

BTW, This house was a wreck when the owners bought it. They put mucho dollars into fixing it up. Brownstoner, your comments about people wanting twice what they paid for houses need to be more informed about these issues. How would you like the same crap to come at you when you try to sell?

Posted by: dt at September 2, 2009 10:37 PM

"He said INTERESTING, not INTERESTED. But perhaps you are that too..."

Yeah, right, I meant I'm interested because it is interesting.

Posted by: Nomi at September 2, 2009 10:52 PM

What they've done with the floorplan in this house (which you can mostly gauge from the photos if you're familiar with the originals) is a little strange. I live in one of these and while I appreciate some of the restoration they did, I don't like the changes they made. They might be running up against that. But eventually someone will come along who agrees with the choices, and then the house will go for over $1MM. It's in fantastic shape and despite what the haters say, this is a great neighborhood that will continue to improve steadily in terms of services.

Posted by: geekspice at September 3, 2009 11:06 AM

"The two story houses are selling right not at around $975,000."

Actually, the last few 2 story homes on prime LM blocks have sold for 920K.

Posted by: shillstoner at September 4, 2009 10:09 AM

Shillstoner, Your comps are out of date. The last house that sold for $920 was unrenovated.

Posted by: dt at September 4, 2009 11:37 AM

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