This handsome 1895 residence proves the Old Fourth Ward is capable of cherishing its history. Across 4,260 square feet, the agent-owned relic is a smart blend of beautiful antiquity and modern convenience, occupying one of the neighborhood's largest lots, according to the listing. The perks are many, the location is quickly improving (the 82 Walk Score will probably climb soon), and the $699,000 ask reflects that. Is that a number this place can achieve?
Fans of gorgeous heart-pine floors, claw-foot tubs, modernized but warm kitchens and formal dining rooms that don't feel hoity-toity would be in luck here. Around back, you'll find an ample deck, pristine backyard and — sweet mother of God — a separate carriage house, which could be a rental, given the property's alley access. With five bedrooms, four bathrooms and so much space, it's a serious helping of house, even for the price; but sluggish sales of nearby properties above $600,000 suggest the O4W may be nearing a pricing ceiling. What's more, the tired apartment complex next door could be a sticking point with some buyers. And this is obviously a family home in a neighborhood where many consider the elementary school option shaky at best.
· 578 East Ave. Unit 5 [Estately]
· Falling Contemporary Prices in Red-Hot O4W: What's It Mean? [Curbed]