The Swamplot Price Adjuster needs your nominations! Found a property you think is poorly priced? Send an email to Swamplot, and be sure to include a link to the listing or photos. Tell us about the property, and explain why you think it deserves a price adjustment. Then tell us what you think a better price would be. Unless requested otherwise, all submissions to the Swamplot Price Adjuster will be kept anonymous.
Location: 1617 Fairview St., Cherryhurst
Details: 3-4 bedrooms, 2 baths; 1,810 sq. ft. on a 5,000-sq.-ft. lot
History: On the market for almost a month and a half.
Note: We now have a response from the seller! See updates below.
The reader who nominated this expanded bungalow on Fairview likes the place, but . . .
What’s not evident from the photos are the basic problems with this house at this asking price:
[First, it’s ] across the street from Wilson Elementary. Not such a bad thing if you have kids who might attend Wilson, but otherwise a drag. School buses have a tendency to idle in front of the property. Noise and trash coming from, well, kids. Every Saturday and Sunday morning, year in and year out, a litany of soccer matches, volleyball tournaments, Frisbee “flag football”, etc. emit a constant din. You know, just what you want when you’d like to sleep in a bit.
Some opinions about the home’s other immediate neighbors, too:
The townhomes aren’t that big of deal other than the residents can peer into your backyard and house. But, the house to the east is a nightmare. . . . Overgrown yard, house falling in on itself. Great for Boo Radley’s house. I can imagine prospective buyers looking at the thing next door and immediately saying, “Nope.”
So . . . what might be a better price?
If the house next door was cleaned up or renovated, I could see . . . asking a little over $400K or the $475K just being optimistic. But, I think they should price it in the mid to high $300s. Not my money or my house, but I don’t see how this house is going to sell otherwise.
Well, readers: Got any better ideas for an asking price?
Update, 8 p.m.: The seller responds:
. . . I realize I have a dog in this hunt, since it’s ME that is selling this house, but the posting above is really grossly unfair and, at times, utterly inaccurate. To refute:
1. School buses do NOT idle in front of our house – never, ever, ever, EVER. My wife works from home and confirms this. Where the poster came up with this is beyond me.
2. The kids do NOT leave trash in the playground, or on the street. They come out for recess for maybe a half hour, and go back inside. There is very little “din.”
Frankly, both these assertions are utterly without merit, and strike me as VERY irresponsible to post. Not sure where the poster got his information, but these assertions just aren’t true. . . .
Plus: a brief discussion of the bamboo shield and “the rundown house next door.” See the seller’s complete comments below.
Want more? The former owner who sold the house to the current seller weighs in!
Second update, 9/23: The owner announces an open house this Sunday, from 3-5 pm.