Sunday, March 21, 2010

Why hasn't this house sold?


At first glance, it's probably obvious why this house hasn't sold. It's located on a heavily traveled section of Moores Lane, which has become a shortcut from Nolensville and is a major connector road between East Brentwood and Cool Springs. Any time you'd want to get out of the driveway, you'd have to steel yourself.
Upon entering, you'd probably roll your eyes at the dated fixtures. The interior apparently has not been changed much since the original owners moved in in 1973.
EVEN SO, it is a perfect ranch on nearly two acres in Brentwood. It has four bedrooms and more than 3,000 square feet. The property is next door to a historic home, and it overlooks a golf course. At $389,983, it is priced for renovation (for Brentwood).
It's probably not cheap enough and the location's too difficult for a flip, but it'd be great for a family or empty-nesters.
So what's the deal?

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