How much are refinished floors and a new furnace worth?

Sixty-eight Willowmere Circle is a modest house in a great neighborhood. It sold for $2.9 million in August 2007 and the new owners have done some painting, added central air, redone the floors and installed a new furnace. They have listed it for sale today for $3.150 million which certainly isn’t nuts, but may be a tough sell these days. It’s still a reasonable price to get into Willowmere, but I’m a Riverside boy and prejudiced.


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17 responses to “How much are refinished floors and a new furnace worth?

  1. Jane

    What, no link to the listing? No picture? You disappoint.

    • christopherfountain

      It just came on – no pictures posted. Patience, dear lady, patience! You want breaking news, you can’t always get pictures – I move faster than the MLS.

  2. InfoDiva

    Chris, you’re prejudiced indeed.

    The Willomere house has had no real improvements–a working furnace and central air are just basic habitation.

    If that house were on Round Hill Road, you’d be expecting the seller to put it on the market at its 2003 price or worse–say, something neatly under $2.4?

    OG and Riverside had the biggest run up in prices during this bubble–something about wanting the kids to be able to ride their bikes to school? Stands to reason that houses there, on their postage-stamp-sized lots, will fall far and fast.

    But what do I know? I’m a backcountry girl and I’m prejudiced.

    • christopherfountain

      Info Diva, in Riverside, a/c and furnaces are the purest luxury! Why those of us who have a nice comfy cardboard box to live in are the envy of our neighbors, most of whom live huddled under tree roots with just a blue recyling bin to serve as a roof and those, your servant will have discovered up there in the Back Country, have holes in their bottom!
      But if our children can ride their bikes to school (accompanied by Mommy on her own bike and wearing her helmet) is any price too dear?

  3. SizeBuyer

    I think the original list price when they bought the house was 3.1 and they paid 2.9, but they want you to pay 3.150. I don’t care what they put into the house it’s an old house period!

  4. Jane

    Dear lady here. Trying to be patient. But I was a major working chick/sahm who has high hopes. I have been patient. Where is the pic?

    • christopherfountain

      Patient Lady – when they post it, you’ll get it. Failing that, tomorrow I’ll post a picture from the old listing. The house hasn’t changed much, which was my point, I think.

  5. Jane

    I have the hots for Willomere, but am afraid that house in what is commonly referred to as the “50 year” flood zone? Mr. Fountain, you are the Riverside expert. Please confirm/deny. We trust you.

    • christopherfountain

      The street in front of the house floods every couple of years, but I’m not aware of the water reaching up the hill to the house itself. But heck, Shorelands, Lucas Point and the neighborhoods in between flood every decade and everyone survives. We’re not talking raging rivers here, just a little inconvenience (and maybe a new furnace) once in awhile. I wouldn’t let it put me off the area.

  6. pulled up in OG

    Does that dentist still have the white plastic chains staking out his territory?

  7. InfoDiva

    Chris, thanks for the insight into the flood-prone areas of OG and Riverside.

    I’ve heard that there isn’t a dry basement in the area? Is that true? I see all those long blue hoses on every block pumping out water after every major storm.

    Is that really a minor inconvenience?

    • christopherfountain

      Info, I’ve never heard of anyone moving from OG’s flood zone because of the floods so, minor or not, it seems to be an inconvenience that they can live with as a trade off for the benefits of the area. Of course, that may be a pre-selected group of homeowners – if someone considers the occasional flooding a “major” inconvenience, she probably won’t buy there in the first place.

  8. Willowmere Lady

    We live on Willowmere Circle. Dry basement. Don’t even have a sump pump.

    • christopherfountain

      That settles that – at least for your house. Some are lower than others but yeah, I’ve never seen Willowmere Circle residents being evacuated in front -end-loaders’ buckets the way they do it in Shorelands (of course, maybe you rich folks all have your own boats!).

  9. pulled up in OG

    Palmer’s house was the first to be jacked up, followed by maybe four more. ’70s – early ’80s.

  10. Another opinion

    I know the house well (and I am not the owner). It is a great DRY house with great views in the best location Riverside has to offer. InfoDiva, if you are a backcountry girl, why are you so interested?

    • christopherfountain

      No argument here – I think Willowmere Circle is one of the nicesest streets in Riverside. The community beach is great and the views are too. If the street puddles once in awhile, I could live with that.