First Impression
I have driven past this home for a couple of years as it has been undergoing renovations. The transformation is impressive, given the modest size of the house and the limited land. The property now boasts excellent finishes and comfortable accommodations in a highly desirable location in Richmond. However, at this price point, potential buyers may be deterred by the absence of off-street parking and limited outdoor space. Recent sales, such as 43 Richmond Terrace at $3,600,000 and 8 Erin Street last year at $3,175,000, support the current valuation. The question remains: will it surpass the expected range in the present market?
Things we love
- Tastefully renovated
- Good floorplan flow
- Great location
Things to consider
- No Parking
- No value add opportunity
- Small outdoor space