House of the Day: 250 Lefferts Avenue
While in some ways it doesn’t really matter, it’s hard not to get hung up on the fact that this house at 250 Lefferts Avenue changed hands 18 months ago for just $495,000 and is now asking $879,000. We’re not sure how much (if any) work was done in the interim, but if it involved…
While in some ways it doesn’t really matter, it’s hard not to get hung up on the fact that this house at 250 Lefferts Avenue changed hands 18 months ago for just $495,000 and is now asking $879,000. We’re not sure how much (if any) work was done in the interim, but if it involved those kitchens, they should have saved their money; the house would show better with old run-down appliances than with these Home Depot specials. When you compare it to last Thursday’s HOTD, 181 Midwood Street, this place looks a bit overpriced, in our opinion, despite being a bit larger. While the Lefferts Avenue house was probably at one point on a par with the Midwood house, it appears to have had a tougher life. Luckily, some redeeming original elements survived and with some renovation CPR this could still be a very nice place. But it deserves a discount to the Midwood house of more than $46,000, we suspect. Agree? It would be helpful to know what the contract price was for 242 Lefferts Avenue just down the block.
250 Lefferts Avenue [Aguayo & Huebener] GMAP P*Shark
Back to the topic at hand. Prices in PLG have at least doubled since 2002. But in the last year or so they were pretty flat. This buying season, they picked up quite a bit. Whoever gets this house at $879K will learn five years from now that they got a bargain. Can you get anything remotely this good in Brooklyn at this price?
to those that think that mr. b is too opinionated or that he should so this or that…i’m just curious…can we then tell you how to raise your children or what you should do for a living, or what to eat for dinner tonight.
it’s HIS freaking website that he started. if he wants to make opinions, that’s his right. if you think they are so outlandish or ridiculous, stop reading.
there are tons of us who enjoy, value and love this site while still retaining the ability to think for ourselves, disagree, agree, speak like we weren’t just released from ryker’s island, etc.
I don’t think it’s necessary to take such an opinionated stance. If you present a house, I’m sure the people who post here will have no problem voicing their opinions as to pricing or the interior design. An opinion which is too strong at the outset functions like a leading question.
Back to the topic, while some might prefer a two-family, being on Maple or Midwood is worth a good deal over being on Lefferts.
And “lm” is right that most homes in PLG have actually appreciated very slowly in comparison to other areas. I have friends who bought a house in the same row as 181 Midwood for 850K about 2 years ago.
This site is great, and it provides a fantastic forum, but let’s stop fellating its creator. He’s great at accumulating information, but he also is quite opinionated, and this is at odds with his desire publicize and expand his site as THE objective authority when it comes to discussing brownstone Brooklyn.
Why does everyone have to see everything as either black or white? Whatever happened to subtlety?
It would be pretty dull if we expressed no opinion. We might as well just copy the text of the listing and leave it at that. As one commenter above accurately pointed out, we see our role in these HOTD posts as a conversation-starter and issue-raiser, not an oracle. If we didn’t take a stance, there would be very little for commenters to respond to. Writing this stuff would get boring fast, as well.
I’m amazed when a blogger comments anonymously on his own site!
perhaps the site name http://www.ilovefedders.com is open for you to take!
If your opinions differ so wildly so as to comment here in such a pathetic and useless manner, GO START YOUR OWN BLOG!!!!!
To criticize someone who is writing their own blog (thus opinions) is literally one of the most ignorant things you could say.