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What does $174,900 buy you in your city?

What does $174,900 buy you in your city?

What does $174,900 buy you in your city?
February 01
22:50 2012

What does $174,900 buy you in your city?

Built in 1918, this grand home is just shy of 5,500 square feet of space and includes distinctive attributes such as hand painted & carved ceilings, extensive woodwork throughout, Pewabic tiled fireplaces, gorgeous wood flooring and porcelain tiled bathrooms.  So why is it listed at just $174,900, when only a year ago the owners were asking $419,000.

 

Well firstly it’s in Detroit, one of the cities hardest hit by the recession.  Secondly, after viewing the home on Bing Maps, Google Earth & Google Streetview we noticed that a 6 lane freeway was built directly next to the property line.  There are mature trees surrounding the property as well as a large brick wall to help soften the noise.  Even if you factor in it’s location and the proximately to the freeway, it’s hard to believe that this home is listed at just $174,900!

Address: 1211 West Boston Boulevard, Detroit, Michigan, United States, 48202

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