Photos courtesy Ron Holliman
A newly listed $1.65 million Silver Lake home on Cedar Lodge Terrace comes with all the requisite high-end features: maple floors, stainless steel kitchen counters and Viking appliances. But in what is an increasingly popular high-end home feature, the property listing plays up a 25-foot wide, sliding glass pocket door that glides out of view between the living room and backyard. The “25 foot Fleetwood evaporating sliding door … reveals the heated pool and garden beyond,” says the listing.
Closed window
In this case, Fleetwood does not refer to RVs. This Fleetwood is a high-end maker of custom windows. How much for a 25-foot wide sliding glass door? Listing agent Ron Holliman does not have a price for the Fleetwood, which is part of a million dollars worth of remodeling. However, Fleetwood sales manager Mark McCoy said a window of that size might cost between $10,000 to $15,000.
“Listing agent Ron Holliman does not have a price for the Fleetwood, which is part of a million dollars worth of remodeling.”
1 million $$ into remodeling for a property that’s listed at $1.65m? Someone is either exaggerating their remodeling cost or they are losing big $$ in this listing. 2450 sqft in that area with a pool would be worth way more than the $650k difference (listing price minus the $1m remodeling costs).
I’ll take it!
You cant justify 1MM in improvements without backing it up. Thats sounds like total BS