Midwood Victorian: One Year and 35% Later
What a difference a year (and a well-manicured lawn) can make. Last April we remarked upon the speed at which (one day) this charming Midwood Victorian sold last year for $20,000 over the asking price. That was then, when it was priced at $1 million. Now it’s back on the market asking $1.375 million. It…
What a difference a year (and a well-manicured lawn) can make. Last April we remarked upon the speed at which (one day) this charming Midwood Victorian sold last year for $20,000 over the asking price. That was then, when it was priced at $1 million. Now it’s back on the market asking $1.375 million. It looks like it could have had a tune up and there’s plenty of hyperbolic language in the listing to that effect (“XXX mint”), so presumably part of the price increase reflects that. Somehow we doubt there was $350,000 of work done. Sure is a beaut though. All you gawkers can take a gander from 12 to 2 on Sunday. While you’re at it, check out this house just down the block.
636 East 19th Street [Corcoran] GMAP P*Shark
Bidding War in Midwood [Brownstoner]
Whoa- the appliances may have cost a pretty penny, and the paint job too. But to the comment about picking just the right wallpaper: says who it is just right? Just because a seller puts lots of money into something, doesn’t mean that the buyer will share in the sensibility. And if you do, you will value the improvements and pay for them. Those perfect matches don’t come along everyday. May we all find peace and happiness in the real estate market…
nicole’s range cost more then $5,000 and the refrigerator too. are you all living in the dark ages, thinking that things are cheap? i think they probably spent more. painting the interior of the house alone must have been a cool $40K. if you have never done a “quality” renovation, then you really have no idea. leave nicole alone unless you have seen her receipts or gotten any of your own.
I used to work with Nicole’s husband and have a pretty good idea of the amount of work they put into the house, as we would frequently compare reno tips and recs. I have no doubt that the $300K figure is close to accurate based on the description of the work we’ve discussed in the past. I’ve easily exceeded the $500K figure on my own PS brownstone. Whoever, said the money is in the things you can’t really see is absolutely correct. Also, it is extremely difficult to find quality contractors in Bklyn. One either finds that you must pay a significant premium or settle for shody work.
Also, knowing the two of them, I can tell you that they would not be the types to skimp on the reno – this is not a quick flip. It was intended to be a permanent home.
Nicole, sorry to hear that you guys are leaving the area. I am going to email you.
brownstoner… you act as if you didnt know that putting a $5000 range in your kitchen would increase the value by at least 5 times that… c’mon your a little more savvy than that
I got an estimate just to add central air to my very old park slope home: 225k. It’s a large house on a corner, but probably not lots larger than this one.
I have one of these houses. Most of the money is spent on things you can’t see. Ever rewire an entire Victorian? Replace a waste system?
I have no idea how much central air cost. I am sure it’s not cheap added to the fact that these Victorians are not very central A/C friendly. Does any one want to share how much 2 zone A/C cost to install.
Now I am sure they spent a good chunk of change but over $300k Ahhh!!!, and it looks like they did not do anything to the bathrooms. But that kitchen was gutted, I saw the house and that was no cheap Kitchen they did…
Sorry, but I agree. Compare the webpages.
I’d like to see those receipts. For 300k you could practically rebuild the place.
I’m no hater, but where’s the beef?
anon 2:16, why are you such a hater? life is short.