House of the Day: 95 Devoe Street FSBO
If the owner of this FSBO offering at 95 Devoe Street isn’t a professional stylist or interior designer, she should think about a career change. As far as we can tell, she’s taken a relatively unremarkable Williamsburg row house and turned it into a charming home ready for a magazine shoot. And for her work,…
If the owner of this FSBO offering at 95 Devoe Street isn’t a professional stylist or interior designer, she should think about a career change. As far as we can tell, she’s taken a relatively unremarkable Williamsburg row house and turned it into a charming home ready for a magazine shoot. And for her work, it’s looking like she’ll make some money. The four-story, two-family house was purchased for $640,000 in 2004, according to public records. The asking price now? $1,700,000. The owner is listing it herself but offering a 2.5% fee to brokers who bring a buyer to the table. We’ll confess to not being too up on the comps for this area. It’s gotta be on the very high end, but then again it’s probably a lot nicer than most of the houses that come to market around here.
95 Devoe Street [FSBO] GMAP P*Shark
Not worth 1.7 dont even have an underground pool. Maybe for 1.2 and thats pushing it.
Then there is this just down the block for 2 million and really kinda crappy both outside and inside except the tin ceilings.
http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1199777
Then there is this just down the block for 2 million and really kinda crappy both outside and inside except the tin ceilings.
http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1199777
to 4:24: I’m sure the contractor told them it would take 3 months, too…Sorry but I can’t help chuckling. Even a shotty renovation job is going to cost 50% more than that. They did a total gut renovation using high end materials. Let me know what your friends say after their renovation is over. Until then, you really aren’t qualified to comment.
It’s not my house. But I do own a home a few blocks away. I renovated 2 of 4 floors and it cost double the amount of your friends’ estimate. It took over a year. And it took years off my life.
Time and energy is money, too.
There are a lot of angry/nasty comments for a plethora of reasons. Here are a few possibilities:
1. They are unaware of the cost, time and stress involved with a gut renovation. This is probably because they rent. And they are probably frustrated that they are renting. Owning comes with it’s own set of frustrations, I can assure you.
2. They have not actually been inside the home. Nor have they toured the plethora of new condos and in-need-of-work townhouses. If they had, they would be shocked and refreshed by the quality and would know this is the best deal and place available in Williamsburg.
3. Everyone is frustrated with the cost of living in NYC (including homeowner’s who learn the cost of renovating and have to make the scariest choices of their lives).
I say “earnest” because I think everyone wants the best for their family. And I have a hard time believing that anyone anywhere, including those writing on this post, wouldn’t want to sell their home for market value – whatever that may be. You take a chance, you put your life savings, your time and your energy into something. And, when it comes time to sell, you analyze everything and you price at what you think is market for your particular home. I find it difficult to believe that anyone would do otherwise. There may be a special place in heaven for someone who decides to sell their home below market value just to be a good samaritan. But there is no special place in hell for those who price a home at market value so that they can make their future and their children’s future as bright as it can be somewhere else.
good luck to your friend renovation a house for 100K
that wont get you much more than a paint job these days.
get real, those folks must have put hundreds of thousands into that house.
4:24. I take it this is your house.
How can you say this ‘a family trying in earnest to sell their home’. Earnest wouldn’t be trying to rob someone of their life savings so the ‘earnest family’ can make $1,100,000 in less than 4 years… I don’t think there is anything ‘earnest’ about that.
There are a lot of angry comments on this post because people are disgusted by the audacity of the sellers… I personally think it’s gross that they would ask $1.7m for that place, it’s nice and all, but give me a break I have a friend who purchased a place on the same block, same size, but in need of a reno for $725k, LAST YEAR! It’s gonna cost them $100k to fix it up (kitchen and all), not $1.1m!!!
Get over yourself!
As someone who has actually been in this amazing house, I must say I’m appalled at the nastiness of some of these comments. It seems to me one should at least present factual information if they are going to harshly criticize a family trying in earnest to sell their home. The fact is that the house is clad in hardieplank, one of the best products on the market. And there simply is not another house on the market in Williamsburg of this quality. That is the only reason you won’t find a comp. Several people have mentioned the house on Powers. I can assure you it does not compare. If this were a brownstone in Park Slope with the exact same interior and square footage, it would sell for over $2 million more. So, if anything, the house is under priced. And someone is going to get a great deal in a great neighborhood, just because it’s one of a kind. Renovating a home in this city is an absolute nightmare and extremely expensive. Unless you’ve gone through this, I wouldn’t be so quick to morally judge the profit this owner stands to make. The fact is the family has saved someone a lot of work. They have also made the carbon imprint of this home very small. A task that should be applauded. I’m all for informed criticism here. And opinions are opinions, so whatever. But outright spreading of falsehoods? Well that’s just bitter. Would you want someone doing that to you if you were trying to sell your home? Shame shame.
Ok, the 6 over 6 windows would be nice, I agree. And though a wooden stoop may be historical, it is far more slippery (grew up with one) – this is safer, if not historical.
And you earlier posters who suggested shutters (I shudder), a cornice, and a roof over the front door, don’t have taste, in my opinion. This exterior has a farily nice modernist look as it is (whatever your views on siding are.)
Hardie Plank?