What's Your Home Worth?

by Kim DeBarge

Special thanks to:

George C. McDowell III of Coldwell Banker, (410) 421-8189

Trish Sharpe of ReMax Gold, ( 410) 604-6001

Steeple Chase, Annapolis

Primary structure built 1994—Sold for $585,000

 

This Steeple Chase home with all the extras is secluded, residing on a half-acre wooded lot at the end of a cul-de-sac. The 4-bedroom, 3.5-bath house boasts beautiful bay and bow windows, taking advantage of the woodland scenery. The amenities don't end there—the home features a two-story foyer with a huge decorative window, and maybe best of all, a fully functional wine cellar in the finished basement. All the useable space in the home made this 1994 investment well worthwhile for the original owners, who originally paid just $250,000 for the home!

 

Original Crofton

Primary structure built 1981—Sold for $450,000

 

This Crofton home proves that a comfortable split-level home in an established community can yield a big return on your investment. After their $100,000 purchase in 1982, the owners decided to renovate the home—by making approximately $75,000 worth of updates—in 2006. Their installation of a new roof and upgrades to the kitchen and 2.5 baths, combined with the home's walking-distance location from Crofton's community pool, commanded a healthy return for the sellers. The home also features a split-level structure, which makes the home feel larger, as well as four bedrooms.

 

 

Kingsport , Annapolis

Primary structure built 2006—Sold for $750,000

 

This 4-bedroom, 4.5 bath home in Kingsport was built with many upgrades to the original plans. Extras include hardwood floors, ceramic-tiled and granite-countered kitchens, and a fully finished basement featuring a club room and media center, home office, and a full bath. The community is also ‘upgraded,' offering residents a walking trail, pool, a fishing dock from which to crab, and a driving range. This community has it all—and is just minutes from historic Annapolis . Even in a tough market, the home sold for close to its list price of $796,000.