How about a 12' wide house? Thats right a Twelve-Foot-wide! Hey, and its done rather elegantly...all you have to drop is basically a million bucks, and its yours! Ok, $950,000, but with closing costs, then add on your new James Bond-esque furniture - which by the way shouldn't be too large - your probably at the big $1M.
And why not? Most of the rooms in your house now aren't more than 12' wide/long, are they?
This house located basically on the Orange Line Metro, in one of Arlington's trendier spots - Lyon Park - basically synonymous with Clarendon - shopping, bars, nightlife...."Trendy Downtown Arlington".
The house is just 12' wide but offering over 2000sf on 4 finished levels. Seems like there's gotta be somebody willing to take this chance....its been on the market 180+ days. Its brand new.....what's the problem?
Its got all the bells and whistles that you'd want in a new home.....okay, not all of them - but a good many....definitely the finishes and quality that have given the builder the great reputation that he's earned over the last 15 years in the New Home Market in North Arlington.
It started off at $1,150,000 and has been reduced a couple times...
Why so small? The lot that the Builder (Mickey Simpson Ltd) had to work with was only 30' to begin with, and with setbacks on respective sides of 8' and 10' that left them with a 12' wide house.
You see, the Builder bought the property a few years back along with the adjacent 50' wide lot with the intention of building 2 new homes there. He thought he was going to be able to get (2) 40' lots out of the combination and build two 22' wide houses............rather than the 50' & the 30'. When he found out the County wouldn't let him re-subdivide and re-draw the lines of the lots this was what he was left with, and it was his effort to try and save some money on the investment.
And why not? Most of the rooms in your house now aren't more than 12' wide/long, are they?
This house located basically on the Orange Line Metro, in one of Arlington's trendier spots - Lyon Park - basically synonymous with Clarendon - shopping, bars, nightlife...."Trendy Downtown Arlington".
The house is just 12' wide but offering over 2000sf on 4 finished levels. Seems like there's gotta be somebody willing to take this chance....its been on the market 180+ days. Its brand new.....what's the problem?
Its got all the bells and whistles that you'd want in a new home.....okay, not all of them - but a good many....definitely the finishes and quality that have given the builder the great reputation that he's earned over the last 15 years in the New Home Market in North Arlington.
It started off at $1,150,000 and has been reduced a couple times...
Why so small? The lot that the Builder (Mickey Simpson Ltd) had to work with was only 30' to begin with, and with setbacks on respective sides of 8' and 10' that left them with a 12' wide house.
You see, the Builder bought the property a few years back along with the adjacent 50' wide lot with the intention of building 2 new homes there. He thought he was going to be able to get (2) 40' lots out of the combination and build two 22' wide houses............rather than the 50' & the 30'. When he found out the County wouldn't let him re-subdivide and re-draw the lines of the lots this was what he was left with, and it was his effort to try and save some money on the investment.
I think its a pretty cool house. Would I pay a million for it? No. Not with my family of 4, but it could be a great fit for a single person or younger couple. And when the market gets better I expect to see more of this type of housing in our "downtown" neighborhoods - and it will be embraced. I expect this house will sell in the next 90 days, and then again in the next 3-6 years at a much higher price - the buyer will make some good money on this investment buying it in 2009 and selling it in 2015+/-. Its tough to be a pioneer...for both the builder and the buyer in this market. But if you're willing to take some chances, there's some interesting product out there and buying it small might just payoff bigtime. Feel like pioneering? Give me a call!
Click the following URL to see the listing:
http://matrix.mris.com/Matrix/Public/Email.aspx?ID=30995359171
Click the following URL to see the listing:
http://matrix.mris.com/Matrix/Public/Email.aspx?ID=30995359171
