• “Shelterporn” from Houstonist: big profits in Texas

    Houstonist‘s every-Saturday Shelterporn section focused on a really pretty bungalow in last weekend’s edition:

    Longtime shelterporn readers will know that we’re most partial to two
    kinds of houses: clean, contemporary designs and traditional bungalows.
    Frankly, though, it’s the bungalow that really makes us think "home" —
    and so it’s only natural that we fell in love with this Heights beauty at first sight.

    At $599K, it’s no bargain, whatever that means, but I can’t speak to relative prices, not having much knowledge of Houston’s current real estate climate. However, based on the last selling price and the square footage price of other homes in the neighborhood, Zillow estimates the home’s value at $187,915, which certainly seems a bit more realistic.

    Adam Wells, president of Clerestory Homes, says that the upgrades and renovations were extensive:

    This project was definitely a labor of love for our company. It is
    an original 1920s bungalow that was extensively remodeled and
    renovated. We added ~1,900 sq.ft. to the original ~900 sq.ft.
    footprint.

    You can see previous sales data here; looks like a flipper or the developer bought it for $160,656 last year – so a more than 300% increase in price. It’s just too bad that people are priced out of neighborhoods they’ve lived in for years, and entire areas are ghettoized, by profiteering and personal greed. That said, the house itself is beautiful, inside and out, and apparently the buyer is very happy with her purchase.

  • for sale: restored Horseheads NY home, $199,500

    From Martha Horton’s recent article in the Star-Gazette‘s Twin Tiers Homes section:

    John
    Stevens, a Horseheads native, studied architecture at Cornell
    University, and his wife Rosemary, originally from Owego, is a Cornell
    graduate, but the two did not cross paths on campus. They met later,
    when Rosemary was employed with Corning Inc. and John, an independent
    electrician, was doing work there.

    John
    had purchased a Craftsman-style house in the Village of Horseheads in
    1993 from the Shappee estate. The original owner, who built the house
    in 1920, was James Shappee, a prominent citizen and foundry owner. His
    caricature by famed cartoonist Zim hangs in the Zim Center in
    Horseheads. James’ wife Febe was a Horseheads school principal.

    When
    Rosemary, an interior designer, first saw the house, she recognized its
    "good bones," and thought it was well worth preserving and updating. So
    the couple went to work on it, doing most of the labor themselves. "We
    worked on the house every day after work," Rosemary recalls, "and every
    weekend." They are still working on it.

    John
    did extensive rewiring and updated the heating system. Rosemary, who
    now operates her own interior design firm under the name of "Designs by
    Rody," masterminded the aesthetics. "I wanted to keep the house in
    character and bring it forward as it would have evolved through the
    years," she explains. "Houses talk to you," Rosemary adds.

    The 3+ bedroom, 4 full bath, almost 4000 square foot house is listed by Kristen Dininny, a real estate agent with Signature Properties. There’s a map here.

    Of course, where I live, a house like this would sell for well over $450,000, even with the market falling a bit in the past year. It’s almost tempting to move to New York and try to make a living doing freelance work or by beefing up this site and trying to make some money from the advertising … the $200,000 cash I’d walk away with from the sale of my own smaller home would cover expenses for several years.

  • Redfin: find, buy & sell homes online

    Redfin is a real estate listing service with an integrated blog, which gathers neighborhood information, maps, photos and other information on a particular for-sale property all into a nice neat package. They bill themselves as "the industry’s first online real estate brokerage," and brings the whole web 2.0 package to MLS listings. And unlike customer-hostile realtors and newspapers who hide MLS listings behind layers of logins, security measures and other barriers to a halfway decent customer experience, Redfin puts the listings themselves right there in front of you, to browse and bookmark and share as you see fit.

    A recent listing in their San Francisco Bay Area section shows a small, attractive, and – as usual – ridiculously overpriced bungalow in one of my favorite Berkeley neighborhoods. Unlike other real estate tools, though, Redfin is much more upfront and honest about pricing, forgoing hype for honesty; they point out that $602 per square foot is just short of criminal, and present alternatives like this more expensive overall but only $396 per square foot home with a beautiful view just up the hill.

  • Long Beach realtor shows off her community

    Laurie Manny, a Long Beach realtor specializing in older homes and historic neighborhoods, has a nice rundown of those neighborhoods / historic districts on her Long Beach Real Estate blog. The directory includes neighborhood boundaries, a survey of historic home styles in the area, general neighborhood description, maps and plenty of photographs. There’s also a sort of reverse-directory by house style – for example, if you are looking for a tudor revival home, it’ll be in Belmont or California Heights or Bluff Park, but if you want a Streamline Moderne home, it’d be in Bluff or Drake Parks or Wilmore City.

    It’s nice to see a realtor with a genuine interest in community history!