Is this house on W. Alabama in First Montrose Commons priced . . . too low?
Location: 409 W. Alabama St., First Montrose Commons
Details: 3-4 bedrooms, 4 1/2 baths; 2,558 sq. ft. on a 7,812-sq.-ft. lot
History: On the market for a month and a half. Price cut $50K a month ago.
“Why should this house be listed for more?” asks a Swamplot reader:
Because it is really large in square footage (2,558) and lot size (7,812 sf) and in addition to the main house, there is a nice carriage house in back that could be a home office, in-law quarters, rental apartment, or given that it’s Montrose, a nightclub or tattoo parlor (kidding). Although it’s been 10 years since it was updated, I think the updates have held up and stayed fairly current with today’s design trends as evidenced by the kitchen’s under-mount, double stainless sink, cooking island, granite, tile floors and tile backsplash with custom dark wood cabinetry and upgraded appliances included (looks to me). Master bath has tile and granite; one of the secondary baths looks like it could use some serious updating.
Custom paint throughout, looks like big closets, nice hardwood floors (some look better than others), lots of French doors and a bright and sunny interior make this home, in my opinion, the quintessential (non-bungalow) Montrose residence. And then there’s the added bonus of a wrought iron fenced and gated (not cheap) property on a very eclectic street. Who needs TV when you live on W. Alabama? Just sit on the porch and watch the street life. Nice landscaping, too.
What would be a better price?
CONTINUE READING THIS STORY
COMMENT OF THE DAY: 903 AND 909 W. MAIN “. . . First Montrose Commons is not ‘ok’ with the plans to replace the homes with townhouses. But the fact remains that the homes were bought by a developer for the express purpose of building townhouses, and so townhouses will be built there no matter how much FMC kicks and screams. The only thing FMC acquiesced to was a variance request. The only effects of that variance will be to save a tree on the property and to preserve what little street parking we have around that corner. Townhouses would be built whether the variance passed or not. Furthermore, the two homes at issue would be outside the boundaries of the proposed historic district because there are too many non-historic, non-contributing properties on that side of the neighborhood to qualify for protection.” [Jason Ginsburg, commenting on Comment of the Day: On the Corner of West Main and Roseland]
COMMENT OF THE DAY: ON THE CORNER OF WEST MAIN AND ROSELAND “903 W. Main is a lovely Prairie style home in First Montrose Commons. The owner of it and the neighboring home 909 W. Main, an even grander Craftsman, will demolish both homes for replacement with eight townhouses (likely four story, given the density). But he’s saving the trees, so apparently the civic association is ok with the plans! First Montrose Commons is currently working on an application to become a city historic district. And these two homes contribute to that historic fabric.” [no history remains, commenting on Daily Demolition Report: Rambam]
A reader writes in wanting to find out what is planned for the “gigantic” and newly cleared block at the northwest corner of the 59 South feeder road and Richmond, just west of Midtown. The block surrounded by Richmond, Colquitt, Garrott, and Jack is the planned site of The Courtyard on Richmond, a midrise apartment complex by Post Properties that’s just a short walk away from the Wheeler light-rail station.
Back in October, the Chronicle‘s Betty Martin reported on the project: a 5-story, 200-unit structure with two courtyards, sandwiching a parking garage. The story included this comment:
It would be similar to “that property in Midtown that everybody likes – Midtown Square – that has a restaurant on the ground floor, brick sidewalks,” [Post Properties developer Bart] French said.
Post Properties built Midtown Square, so you might expect the new project will be similar . . . well, except for that part about restaurants on the ground floor. The plans we’ve seen don’t show any retail, except for a leasing office at the corner of Richmond and Milam. And a Planning Department document dating from January refers to the Courtyard on Richmond as a 252-unit residential-only project.
After the jump: those plans!
CONTINUE READING THIS STORY