In the Tree Section, what sort of modest, little place can you get for under $1m?
There are a few new answers coming out.
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3508 Pacific
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3508 Pacific (2br/2ba, 950 sq. ft.) offers one of the most difficult answers. This little place has less than 1000 sq. ft. of living space and is along a busy street very near…
In the Tree Section, what sort of modest, little place can you get for under $1m?
There are a few new answers coming out.
|
3508 Pacific |
3508 Pacific (2br/2ba, 950 sq. ft.) offers one of the most difficult answers. This little place has less than 1000 sq. ft. of living space and is along a busy street very near the refinery.
It's a good example of a marginal old home in a subpar location that, at least, merits a discount. The recent sale at
$795k makes it one of the least pricey sales in MB this year. It's one way into the ZIP code, either as a starter or for a rental.
3521 Elm (3br/2ba, 1225 sq. ft.) offers quite a bit more – an extra bedroom, 300 more sq. ft. and some bonus space, plus a better location. All that, for $200k more at
$985k. (For our review from mid-May,
see this link.)
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2904 Pacific |
2904 Pacific (3br/2ba, 1100 sq. ft.) falls somewhere in between. Common spaces are upgraded, but bedrooms all impossibly small, with a master shower smaller than a phone booth. (If you can remember what a phone booth is.). This one also, oddly, shares a driveway with the neighbor.
A rental with a history, this one sold for
$873k. (For our review,
see this link.)
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2305 Oak |
2305 Oak (3br/1ba, 1025 sq. ft.) is a small but bright and remodeled little cottage. Asking $849k, it boosted up to
$860k.
The snazziest starter to sell this year in the Trees was surely
2001 Pacific (3br/2ba, 1070 sq. ft.), a fashionably redone flip.
We said "[t]here was a real vision behind the overhaul, which was to create a unique kind of beach cottage with throwback appeal."
It's very fashionable with a huge and sunny, west-facing backyard with a new deck and new grass. You rarely find a 4800 sq. ft. lot feeling this enormous.
2001 Pacific began at $1.059m and settled at
$990k.
And while it might seem that every starter is on Oak or Pacific,
3528 Palm breaks the mold, a bit. (As did 3521 Elm – a bit.)
Officially, it's 2br/1ba, 840 sq. ft. But the listing explains that
there's more to it – 2 additional structures that can't be counted, officially, but which you can enjoy nonetheless: a separate office and bonus room. Like a cottage had babies.
Palm began at $925k, cut to
$899k and ran about 3 months before recently posting a deal. We'll see where that one settles out fairly soon.
So that's what you get in the Trees, between $800k-$1m, a couple, maybe 3br, about 1000 sq. ft., a location around the periphery or on a busy street – and a plus-plus remodel only if you go to the higher end and get lucky.
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.