Profile picture for samanmoh

Is 4950 sq ft Eanes ISD house too big to resell?

We are thinking of buying a 4950 sq ft home in Barton creek west. It's 4500 sq.ft built up area plus a sunroom which brings it to 4950 sq. ft. It's 5 bedrms, 3.5 half bath, with formal dining and a study. The backyard is not very big since they have built a huge 2 story deck and sunroom. Here's the link to it http://www.redfin.com/TX/Austin/2705-Creeks-Edge-Pkwy-78733/home/31233485 We are thinking of upgrading the floors, kitchen and master bath. Is it a very big house to resell or rent in case we need to do so in the future for any reason? Will it better for us to get a house under 4000 sq.ft since there will be more people looking for such homes?
  • April 03 - Austin
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

 
 

Answers (4)

Profile picture for samanmoh
We are buying the house to live and enjoy for about 7 to 10 years. And then sell it. This is a long term plan, but at the same time we want to cover ourselves in case we need to sell it earlier due to unexpected employment changes. Is Senna hills more desirable than Barton Creek west?
  • April 03
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for wetdawgs
Are you buying the home for resale, or are you buying it because you want to live there and enjoy it?

If buying for resale, I'd put a thumbs down.  It is not a house that will appreciate significantly, and will appeal to a much smaller pool of buyers than something more reasonable sized.

But, redfin says it is pending so perhaps the decision is made for you
  • April 03
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for Alex Landry
I just looked at this listing, which appears to be under contract-not sure if that is you or not that has it under contract.
 
My take on the house from a visual perspective-the outside and inside are super dated- you are buying at $131/ft, which reflects that the house needs updating.

The problem with Barton Creek West is that there is not a lot of whole house remodeling going on, so you will be looking at selling it at a similar low price per foot when you are ready to move. 

 There are two kinds of buyers;
1) square foot buyers, and2) finish out buyers. 

1) Square foot buyers buy for square footage, and are not picky about the super high end finishes that you see, say, in Spanish Oaks. 

2) Finish out buyers are all about finish-viking appliances versus KitchenAid, stone floors versus ceramic, sand and finish floors versus engineered, architect designed, one of a kind statement homes, versus production builders like Drees.....

Barton Creek West is a production, square footage focused neighborhood, so be careful not to spend too much or over improve this house- you will probably NOT get it all back and will probably not be able to attract the finish out buyer who will pay $300/ft for a custom home in Tarrytown, for example.

Finally, the back porch picture does not inspire me- I am betting that the yard will need a lot of work as well.

To sum up:you are buying a house based on square footage and  the price reflects the condition of the house- you may be able to sell it for what you paid for it, depending on its condition in the future, and the state of the Austin market, but I would be leery of putting significant chunks of money into updating it.

 
  • April 03
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

I don't think it is too big for resale.  Renting on the other could be a little more of a challenge.  As people in the market to rent this big of a home are very qualified, it usually is a temporary situation(building a home, in Austin for a work project, etc.) and the chances for a longer term tenant are slim.

I would be happy to do a detailed analysis for you on the neighborhood.

Please feel free to contact me anytime.

Thanks,

Steve Nusinow
[phone number deleted by Zillow moderator. Please see our Good Neighbor Policy for posting guidelines]
  • April 03
  • 1Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.