House of the Day: Center Slope Brick
Despite having some confusing photos with snow in them (strange for something that’s touted as “Just Listed”), this offering from Betancourt for a house in the Center Slope may hold some promise. The 2-family, 3-story brick has a triple parlor, a one-story extension and five bedrooms to boot. It’s a little hard to evaluate without…
Despite having some confusing photos with snow in them (strange for something that’s touted as “Just Listed”), this offering from Betancourt for a house in the Center Slope may hold some promise. The 2-family, 3-story brick has a triple parlor, a one-story extension and five bedrooms to boot. It’s a little hard to evaluate without knowing the exact address (what are the boundaries of “Center Slope” anyway?), but we’d think that there’d be some takers near the asking price of $1.45 million.
3-Story Center Slope Brick [Betancourt]
By basement, do you mean the windowless cellar (lowest level of the house) or the garden level?
We just bought a house and one of the biggest selling points was it had a nicely finished basement (that didn’t smell! which is oddly rare) because we could make it a tv room and library and laundry room, plus spaces for storage. I do not mind counting the square footage along with the rest. We REALLY needed that basement space.
With respect to the basement debate, I agree to an extent. If the basement has a high quality finish then it should be graded at a premium. Finished basements that are at least 7 1/2 – 8 feet high with multiple windows should certainly be included in the total square footage of the dwelling.
Another person with a finished basement and its such a HUGE addition to the space and living quality. Having another large room to do as I please is great no matter if its below ground or not.
But I agree – it seems odd to include in sq footage.
As someone who owns a home with an unfinished basement (which I would love to finish) I totally disagree with the conclusion that this base should be discounted by 50%-100%. This type of space can be put to use as an office, laundry room, rec room, hobby room etc. saving above grade space for use as bedroom and living areas.
This is interesting…i just experienced the same type of exchange (albeit a little nastier) last week about PS 10 (at 7th ave & 15th in south slope) in an open house thread. Someone remarked that PS 10 ” is not yet a good school” and so I sent a link to prove my claim otherwise.
Here is the link for an impartial review on PS 39, which is indeed a school that I have been hearing good things about.
http://www.insideschools.org/fs/school_profile.php?id=433
There really are several quality elementary schools in the south slope/greenwood heights/windsor terrace area. maybe this wasn’t the case 5 years ago, but that was then…
Not even 50. Unless it is really finished to MY taste, I wouldn’t put any value on it at all.
Quick question, maybe a bit off topic, but why do people include basement in sq. footage?
It seems to me that an unfinished basement should add only minor value, while a finished basement should (at most) be incremental to the price of a house by a rate at about 50% of the price per square foot of a “regular” floor. I have seen some condos listed where they include a finished basement in the square footage of the apartment. It just strikes me as a bit shady.
this house has been on the market forever. Even betancourt had it forever.. I saw it over summer with them. It has the sinking bay window, the unfinished garden level/half basement. The dank and small back yard. The house felt small. I can’t remember the price history but I think it has just slowly sunk in price always being two steps behind the market.