739 EAST 7th AVENUE - $669,000
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Durango's most livable home
COME SEE Click to watch a high resolution Detailed Walkthrough Video of our Downtown Durango Home For Sale Thanks for looking and best of luck to you in finding the perfect home for your family. Youtube Universal (low-resolution) video
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The Absolute Best Investment in Durango Enjoy Summer Afternoons in the Front Porch Swing, Winter Nights in Your Private Oversized Hot Tub. Springtimes, the yard is framed with wildflowers. Autumn, the deck is perfect for barbeques and entertaining.
Downtown Durango living at its best. This unique property offers an excellent location, immaculate condition, and plenty room for stretching out on your double lot. Have you been searching downtown Durango for months or even years, only to find beat up rentals and tiny shacks? Are you looking for a move-in-ready house in a quiet downtown neighborhood? Have you been dreaming of all this and perhaps a bit of green space for outdoor living? 739 is all that you have been looking for and more. Hi, my name is Bill Smith and I have lived at 739 East 7th Avenue for 12 years. I am biased, but I think that you will agree 739 is THE BEST HOUSE on the Market in Durango today.
The House is Right 739 is single family house plus an office where you can run your business. Clients love the central location and have no problem dropping by for the occasional meeting. The cheapest office in Downtown will run you $500/month. At 739 the office is free. 739 is single family house plus a cottage rental. As a legal duplex, this cottage rental brings in $975/month with minimal cost and impact on your life. The cottage has it's own, fenced yard and driveway on the alley. You can use our manager for a 10% fee or try your hand at land lording. With all major systems replaced in 2007, the cottage is virtually maintenance free. 739 is single family house plus a detached two car garage. You will be tempted to start a car collection, as this home also has a new 2+ car driveway on 7th Ave. Or maybe you will want to use the garage as a studio to practice your passions for painting or sculpture. 739 is single family house on a quiet street with long term, family neighbors who help one another. We often have neighborhood barbeques and all share a general sense of belonging. 739 is single family house with 4 years of improvement projects behind it. The person who buys 739 will not have to paint, install new carpet, fix the foundation, replace the porch, Stain the deck, or put in a new hot tub. I have already done all those things and more.
739 is a great place to live. You can walk to just about any restaurant in town. Shows, festivals, theatre and shopping are all just steps from your front door. The Time is Right If you have been looking for some time. I know your frustration. Clean - problem free houses are a rarity in downtown Durango. Most of the remodels or new homes are built to modern tastes for 3000+ sq ft. These houses have no yards. Many of them are next to one or more college rentals. Clean, livable homes in downtown are extremely rare and seldom for sale. The price of gas makes this an excellent time to buy in Downtown Durango. Chris Kassel, a friend of mine who lives out towards Bayfield, was telling me that his neighbors were spending $500-$700 in fuel each month. Living in town, I fill my tank about once a month. The price of gas isn't going back down. Walking convenience today is more than just a convenience. This morning I was talking with my friend Tom Caver, a Realtor in Durango for over 30 Years. He said
The credit crunch and general uncertainty of an election year are combining to create a buyer's market in an otherwise high demand western boomtown. Those people who have the means and the courage to buy in this market will be greatly rewarded in future appreciation. Retirement and the changing tastes of the Baby Boomers are making Durango a cannot loose investment. Tom says, "you'd be stupid to sell in this market." Be that as it may, some of us have other plans and this creates opportunity for buyers. The Price is Right With comps previously selling in the high seven hundreds. We are offering this house at $669,000. This is a significant savings. Yet some people don't see the value. So let's take a quick peak at value.
Fudge the numbers any way you like. The conclusion is the same. This house is an exceptional deal! And with time the deal only gets better.
The same can happen for you... with a little patience.
Do it for Love Don't buy here because of the savings. Buy here because you love the history and charm of old Durango, the big lush yard, copious storage and upgrades. Buy because you love the house, the neighbors and the feeling of connectedness. How do you know you if love the place? 3 Simple Steps.
About FSBO
My wife, Greer, and I have been through the house buying and selling process several times recently and we know how to provide a smooth transaction.
739 a Closer Look Unlike the many investment properties to be found downtown, this is a lovingly cared for primary residence. This unique property is the result of many years of restoration and upgrades. The quiet street and family neighborhood is the place to put down your roots in Durango. Most of the neighbors have been here for 10, 20 even 50+ years. The main house is 4 bedrooms plus a library. There is an open floor plan with high ceilings and huge windows in the downstairs s living spaces. Gleaming hardwood floors grace the living area library and master bedroom. In the back yard an exceptionally charming rental cottage is tucked away out of site. Completely remodeled, the cottage brings in $975 monthly, furnished. All the brand new furnishings convey. The cottage is very low maintenance and completely separate, fenced yard and private driveway. Newly remodeled. Fabulous yard, location and neighbors. We have purchased our next home and NEED to sell this to pay the bills. We have dropped the price in order to get a quick sale. There is nothing like this house available. This is the most livable house in town for under $700k. and you get a rental which covers a good chunk of the mortgage. Call for a personal appointment. 759-2244 |
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If you have noticed that there is something missing in suburban tract houses, you will find it here:
This house has it all. Honestly, it's a buyer's market, and you are just in time. We have priced this property well below $350/sq ft which is excellent when compared to any move-in-ready property on a 7500 sq ft double lot. Neighborhood 7th Avenue is a Family neighborhood with a family of neighbors. The families on either side have been here for over 25 years. Their pride in their homes is evident. Grandma lives up the street. The residents of this block are University professors, a doctor, an artist, a handyman, arborists. You will get to know them and enjoy regular invitations to neighborhood barbeques. This block of 7th avenue is a low traffic street, where oftentimes more people use the sidewalk than drive by in cars. Excellent Green space Don’t settle for a mega-house on a postage stamp lot. Durango has four beautiful seasons. You can enjoy each on in this yard with a 550 square foot shaded deck for outdoor lunches and dining, a hot tub, and a generous green lawn for games and pets. Fabulous and original built-in circular hot tub with custom cabinetry and electric service to the grilling area. The hot tub is an extra-deep model for sumptuous relaxing. The tub is less than five years old and in immaculate condition. Purchased locally from Smart Enterprises, you can have confidence in a long, trouble free relationship with this tub. The private yard is surrounded by a 6 foot cedar fence. Excellent Investment Your fully remodeled rental cottage brings in $950/month furnished. All new furnishings and an excellent, long-term, mature tenant will convey with the cottage. The main house has been recently remodeled as well. Stucco, Stabilization, plumbing, appliances are all in excellent condition. New carpet and paint make this house move-in-ready for even the choosiest of buyers. Lets talk specifics. This property is two separate Houses, a main house, 1700 Sq Ft Victorian with 4 bedrooms and a library with huge, sunny Living and Dining Rooms. There are two full baths in the main house and one bath in the cottage. In the last few years we added new carpet and paint, a new hot tub and deck for outdoor living and entertainment. The detached cottage is a fresh remodel with all new furnishings (which convey). This unit is very low maintenance and brings in $950/month in rent from a very solid, mature tenant. The Cottage is small but mighty. It has more than paid the difference between a 15 and 30 year loan accelerating my equity to where over half of every mortgage payment is going directly to my principal. Put the cottage to work for you.
Personally I think you cannot go wrong in downtown Durango. All of the press is talking about a coming real estate boom in the Rocky Mountain West. The forecasters (CNBC CNN Money Magazine, Ski Magazine) are especially found of small cities with Durango's livability and lifestyle. This house will soon be worth a million dollars. I wish I could stick around to see Durango finally rival the big name resorts, but we are getting old and losing our tolerance for winter. (March special - 2 Free Snow Shovels - slightly used!) Though this house is a F.S.B.O. we welcome clients of Realtors and Buyer's Agents. The sellers will cooperate. Realtor must introduce client and be present at showing.
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