Open House

I am hosting an open house today at 215 Allen Crescent in Vulcan. This is a 2008 bungalow, three bedrooms on the main floor and one in the basement. One full bath on main floor and one in the basement. Double attached garage. It is listed just under $200,000. There has been interest in this property lately, in several Vulcan properties actually, which is nice to see.

One thing that is not so nice to see is the foreclosures in town. My listing is a foreclosure property, the one next to it, 211 Allen Crescent just came on the market and is a foreclosure ($389,000 listing), and across the street from that one is another foreclosure.

My listing is the cheapest one on the street. It is not as high quality as the other houses. It needs some street appeal to make it look better. A little bit of soil, some flowers, a little tree here and there and it would sure spice things up! Some paint on the fence (once its repaired), it the value would increase big time! You have heard that it does not pay to be the nicest house on the block, as the surrounding properties bring down your value? Well if you are then"cheapest" house on the block, everyone else is bringing up your value. And if you fix up that house, the value of the whole neighborhood increases! Do you catch my drift?