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On the Market: 541 Lisbon St.

A quaint place in the Excelsior (in fact on the same street as that wish-worthy watercolor), 541 Lisbon Street is a possible option for entry into single-family homeownership at $699k asking ($635 per square foot). It's approaching 90 days on the market; it last sold in '04 for $487k.

In 1,100 square feet, this 1912 Victorian holds two bedrooms, a formal dining room, and a smaller utility room to get creative with. One bathroom features a claw-foot tub. The fenced-off garden is rather fetching, as are the views. With updated infrastructure (roof, plumbing, electricity), it's advertised as "move in condition," with "gorgeous, newly remodeled modern kitchen and bathroom" per the the MLS description. We believe it: both because of photo evidence (unlike some), and because one of the owners is the selling agent, and thus likely well acquainted with the "makeover show proverb" about kitchens being one of the best areas for ROI when upgrading a property. For an RE professional, this seems an excellent chance to put some money where one's mouth is.
· 541 Lisbon St. [MLS]

Image courtesy MLS