“Mid-Century Modern” homes are often a good buy in today’s market- if the banker recognizes future value- when added.

Our own experience in redoing a Mid-Century Modern-

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“Mid-Century Modern” (MCM) homes (such as ours- below) are
often a good buy in today’s market- although they usually need
some expert updating and/or redoing to bring them up to today’s
standards of comfort and efficiency.

  

“Mid-Century Modern” (MCM) homes (such as ours- below) are often a good buy in
today’s market– although they usually need some expert updating and/or redoing to
bring them up to today’s standards of comfort and efficiency. They’re often situated in
nice well-settled neighborhoods with established but usually quite overgrown gardens.
 
These probably have had more than a few owners and have been the subject of unwise
alterations usually needing undoing. As an experienced residential architect, advising
prospective buyers the extent, cost of all this is often my job. 
 
Repairs and updating are usually needed as well as undoing any bad changes. To do this 
flexible construction/permanent mortgage can sometimes be arranged. As the value
increases when the updating progresses, the loan amount increases. (In the “good old days”
that’s what Washington Mutual did for us. I’m sorry to see them gone- WaMu gave the best
mortgage service to the Puget Sound area before it  was so unwisely over-expanded, ruined.  
 
Mercer Island- brand new in 1955

 

54 years- and nine owners later-
 
some really weathered things needed fixing-
 
These are beam boxes- like a dental overlay-
 
After a great deal of work, It’s now a lovely serene home completely integrated with the garden.
 

Special touches- decorative iron railings by son Steve’s Salamander Forge on Orcas Island.

 
 On the deck of one of my Lopez Island homes.

 

 
Here’s another “Knol” of mine about Unwise Changes needing Undoing
 
Residential Design- new and/or remodeling
Jerry Gropp Architect AIA
PS
(c
lick) Jerry Gropp AIA’s WebSite

7620 SE 72nd Street
Mercer Island, WA
(0) (206)612-7367

eMail JGropp2@AOL.com
Click here: Jerry Gropp’s “Knols”: a unit of knowledge 

 
Copyright 2011JG