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rbarz

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Everything posted by rbarz

  1. and now it's a McMansion... https://www.google.com/maps/@29.767521,-95.564283,3a,75y,99.87h,93.12t/data=!3m6!1e1!3m4!1sLTU7lscw3aNpOrjKNjvAhw!2e0!7i13312!8i6656!6m1!1e1
  2. It was a Freddie Mac foreclosure listed at "lot value" Here are the photos from a previous sale at $354,500 front view; well-known 'Mod' home by William Floyd And the Foreclosure Pictures Close date is set for 9/30/11
  3. The last house to sell on Legend lane was listed as "lot value only" and sold for $575,000 on 2/23/09 after 49 DOM. I doubt the true value of that lot is reflected in the HCADs market value. I also doubt $650,000 is the true value. I just hope whoever buys it does not build that monstrosity. Here is a sweet article on "Tuscan Builders" the builders who were supposedly contracted to build the "munster's" home. "TIMELESS BEAUTY * AGELESS QUALITY Tuscan Homes is emerging as one of Houston's premiere custom builders. Dedicated to quality and service, this builder takes the bar one notch higher. Average square footages can range from 2800 square feet al the ways to over 10,000 square feet. The company president, Jason Ritchmond targets the customer's in the custom home market over the $300,000.00 range to over $1,000,000.00. "We are set up to service the more discriminating customer, and we work with them so that the entire process is an enjoyment." Tuscan Homes builds in the Memorial/Spring Branch, Memorial Area, West University, Bellaire, River Oaks, and closely related areas. Tuscan Homes is also considering going into some of the upper end areas outside Houston, such as the Woodlands and exclusive neighborhoods ..."
  4. I like it... I'd be all of it, only if it had one less zero in it.
  5. In the listing the Agent says, "Home has some storm damage from IKE. This home is a well constructed, built in the 50s,could be repaired and made back into a nice residence." Just because a home is built does not make it "perfectly fine". There are many reasons why a home could and even should be torn down. I personally live in a home that is built and--looking at photos of it--is "perfectly fine", however I can't wait to tear it down, because the only way to remodel it to fit the lot it sits on would be ridiculous. This one is already damaged and needs a total gut job to be returned to any former glory (if it ever had any). Architectural significance would be the only reason I would want to save it, and this home has none. After saying that I should clarify that I would rather look at this home (repaired) than some monstrosity "custom" copy of a McMansion a builder throws up in 4 months.
  6. I'm ok with them tearing that one down... I don't see any significance in it. There are probably 10 more in the neighborhood just like it. I would hope they would not build something like next door, I just do not understand why someone builds a custom home that has almost nothing "custom" about it.
  7. The problem for me is that it does not seem to be mid-century modern to me. It looks to be in that category called 60s-coke-party-crazy-modern, which is defined by the bar area being at least twice the size of the kitchen. Hopefully some rooms were added on because the way it sits now is a horrible use of the lot. Although it sits on a large lot the views from the windows are something a patio home would have. And to top it off the location is horrible... you're going to need to be a sound sleeper to deal with the two major streets (although Braeswood is more like a freeway at times), it floods, and it is next door to the most violent area in Houston. Where do I sign up to get on that pending list?
  8. I really like mid-century modern design. Is it OK for me to hate this house?
  9. I remember looking at two homes on Tree Frog Ln... One of them was "flipped" and I remember being shocked that a re-modeler would attempt to sell something for $500k in that area. I believe it sold for something in the low $400s which makes it much less than this house per sf because that home was well over 5000 SF and sat on almost 3 acres. Regardless, Tree Frog LN is in the Black JR subdivision which is a really cool little pocket--it's like you entered a different town when you drive down that bumpy one lane street.
  10. I wouldn't consider Bonham Acres to be in the Meyerland market... Anything west of Hillcroft is pushing it and this is west of Fondern. It is by far the most expensive home on the market in the subdivision and if it sold at list price would be the most expensive ever sold in the subdivision. However, it is a really cool looking ranch (minus the kitchen) on a nice sized lot. Bonham Acres is a nice pocket in the area...
  11. No, 1.5 or so. I was only responding to say that there is still building and selling going on in certain areas. I have no idea what the market is around the "Munster's" new home.
  12. Three spec homes in my neighborhood sold in the last 5 months...
  13. What in the hell is that crazy thing they are putting in its place?
  14. 5050 Woodway has a large fee because it is all bills paid, including Electricity. The fee is something like $0.65 per SF. The buildings averaging $0.40 a SF do not include electricity
  15. There is no key at the property to enter the house and the showing instructions ask that no one try to enter the house since it is a "lot only" sale. Else, I would meet you over there to take a look.
  16. This is one of the greatest pictures I have ever seen posted on HAR.com I personally think the Realtor knows exactly what he's got, I place no one wants to buy, but he did a magnificent job with the description "Wonderful Bohemian retreat. 3-1.5-1 plus an outdoor shower. Ceiling fan. Imagine a forest in the middle of the city. Amazing privacy is provided by this urban forest. No wasted space. The outdoor shower provides hot-and-cold water secluded from neighbors by countless trees and foliage. Easy access to Southwest Freeway. Walk to Houston Baptist University across the street." You know its a tough one when one of the highlights of the entire house is "ceiling fan". Judging from the photos a more fitting description would be: "Nightmare. Caveat Emptor. Investor's Only."
  17. It has been under contract since 12/04/08.
  18. Wow, its 60% leased and he can't get a loan... In Houston, the residential projects Sonoma and The Turnberry are side-lined because there has not been enough pre-sold.
  19. Finally closed... and it was purchased for full price ($385k). Hope the new owners enjoy it!
  20. Went Option Pending on 5/14 and Pending today 5/28/2008... although I still have to wait at least another 20 days to find out what someone thinks it is worth...
  21. Wow, conservatively $90 to $150 per square foot for remodeling! I couldn't imagine...
  22. I guess I only have to wait another 30 days to find out what someone thinks it is worth...
  23. What do you guys think this house is worth? If it was "just another house" the comparable sales put it at $300k or less. Is the house worth a 30% premium? I really like the house and have visited it twice already, but when it comes down to it, would you want to pay a premium for what you are really getting here?
  24. Went by the sales office. $2,000,000 will get you about 2300 SF on the 10th floor with a large balcony. The units come unfinished. You get a kitchen and both bathrooms finished. But everywhere else you get no flooring, no details, no paint, nada. Can't I get something in NYC or Chicago for that? If you take a tour of the model it is quite amusing... you walk around remarking about the finishes and the agent showing you gets to respond in the same fashion every time, "That is not included" It went like this: Nice Floors, what are they? "Not Included" nice fireplace. "Not Included" nice detailing on the ceiling. "Not Included" nice paint. is that ventian plaster? "Not Included" "Walls come with a smooth finish" nice detailing on this wall. "Not Included" nice closet. "Not Included" The agent then explained to me how most highrises come unfinished. Correct me if I am wrong but I thought it was the opposite in Houston? At 2727 Kirby they don't care what you pick, they will install it. Soap Stone, crown molding, ipe... done, done, done. Others usually have a large range of things to pick like at the Mosiac. I agree that the penthouse is probably not that bad a deal, but all of the other units are the same price per SF which makes them quite a bit overpriced....
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