I LOVE Selling Unique Houses

 Every so often, I get an opportunity to “live on the edge” by taking on a “challenge” of selling a house that’s not like all the others.
The first battle of the challenge is getting my arms around what the house IS . . . and how/why it got to be that way.
Then we start wondering how we are going to PRICE it? What justification for value can we make if NOTHING like it in the market has EVER sold?
These are Nonconformist houses, and I LOVE’m!
This particular house is smack dab in the middle of a neighborhood of 1950’s built brick ranches in the 1200 square foot, single family range.
The current owner bought it over 50 years ago and has added additions as the family grew. It is now configured as 4 completely self-contained “Apartments” encompassing 3,675 Square feet of living space – WOW!
One might think that it would be a great candidate as an income producing property for an investor – a quadplex – but there are couple of issues with this strategy. The value as a multi-family building would be lower than as a single family (based on comparable sales in the area). the other issue is that it is ZONED for single family . . . so we’re selling it as a single family.
and picking the price out of thin air (well not completely thin air) based on similar square footage single family houses sold within a few miles.
So . . . we have a “Family compound” on a 0.3 acre lot 🙂
OH! the possibilities are endless. A buyer could create a bed and breakfast or acquire a zoning variance to allow it to be a quadplex . . . or could owner-occupy one unit and rent the others to friends and family . . . or a parent could put a college student in one unit and have fellow class-mates in the others.
Below are some pictures and additional details – give me a holler if you’d like a tour.
Oh yeah! If you know of any other unique properties in middle TN that someone wants to sell, let me know – I LOVE’m

Such a pretty house . . .

nice curb appeal. From the front view, no-one could possibly imagine all of the space in this house. There 4 (FOUR) complete “Apartments” which are all self-contained (Private) with Interior and Exterior access. Family use always

3 full kitchens and a “Kitchenette” – 4 Living Rooms – 5 Bedrooms – 4 Bathrooms – 2 Central Heat and air Units – 3 Water Heaters – Storage building – fenced yard – WOW!

This is a fron oblique view – the original house is full brick – all of the additions are vinyl siding – This is a very well maintained “family compound” -zoning is RS10 for single Family residential only. Multi-family use would require zoning change

Bathroom in the Original House – The 2 doors are to Washer and dryer – 3 of the “Apartments” have Washer/Dryer connections – All kitchen appliances remain except fridge in main to be swapped with reserve fridge

Bedroom in original house – Most of the rooms in this house are LARGE – Plenty of room to spread out – and places to “hide” when you just want to get away from everyone else 🙂

Kitchen in the Original house – Very functional and central – Island sink – Stove – Refrigerator to be swapped with reserve fridge

Florida Room @ back – Opens on to lower deck – Has “Kitchenette” with small refrigerator and sink . . . Comfortable hang-out space

Here’s that hang-out space

Living Room in Original House – separate formal with Front Door access and leads to internal hall/stairwell to access upper and lower “apartments”

Even with all of the house on this lot, there’s still a nice, level, fenced back yard to garden or play – Storage building holds all the outdoor toys (gardening equipment)

The decks are BEAUTIFULLY maintained . . . and 3 of the 4 apartments have direct access to a deck – The basement unit has access to an area underneath the large upper deck

Overlooking the lower deck from the upper deck – That’s the Florida room

Storage building and lower deck

Overlooking Back yard from upper deck

Here’s that upper deck – Cool, isn’t it?

Side Deck – and one of the 2 HVAC systems

Back yard

Another back yard – (I like the little tree)

LOTS of kitchen cabinet storage – a WHOLE wall

Published by Barry Owen

Residential Real Estate sales Strategist Search - Analysis - Negotiation - CLOSED Inviter-Facilitator-Practicer of Open Space Technology Opening safe space for people & organizations to self-organize around issues & opportunities BarryOwen.co Invite-Listen-Love

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