Double-fronted Richmond cottage set to get the top price, but not necessarily the prize, on The Block
The projected priciest offering of the four Richmond houses on The Block is 37 Cameron Street (pictured above), renovated by the hometown couple Jenna and Josh, according to James Buyer Advocates. All four properties go to auction this weekend.
The buyers’ agency deemed 41 Cameron Street (pictured above) a close second – the one renovated by sisters Katrina and Amie, who chose Hocking Stuart Glen Coutinho to sell the house.
The key attribute of the likely top seller is its double-fronted façade. Ruth Roberts of Woodards is quoting the three-bedroom residence at $900,000 to $990,000. Jenna and Josh won the right to choose which of the four houses they wished to renovate.
The ratings difference between the two was 615 out of 1000 and 595 out of 1000 under the James Buyers Advocates rankings system.
Biggin & Scott sales director Russell Cambridge has marketed the listing for Polly and Waz's house at 39 Cameron Street (pictured above), which has a 535 rating.
The lowest ranking of 502 was given to 43 Cameron Street (pictured above), where Clayton Smith of Jellis Craig represents the contestants Tania and Rod.
“As a bit of fun we rated all The Block properties,” James Buyer Advocates principal Mal James says.
“While all contestants had done some great things, we are not sure we would put any on our shopping list.
“The internals may excite but the externals of no car parking, industrial street and commercial neighbours do not,” James says.
James Home Ratings examines pieces of information about a home and matches them against established buying criteria.
A rating below 550 means the property “has issues.” Between 550 and 650 is at the low end of average. Between 650 and 700 is at the high end of average. Between 700 and 800 is well above average. Between 800 and 850 is the best of its type, and above 850 is a rare gem.
“Nobody can predict with complete certainty the behaviour of each individual buyer or seller in a property exchange – however, it is possible to predict with a high level of certainty how large groups of human beings will react to a home.
“That is, there are a body of facts or truths when systematically analysed that show the operation of general laws with regards to home exchange,” James suggests.
The winner of The Block will be determined by the sale price above its undisclosed reserve, which means all four contestant couples have a chance no matter what rankings buyers agents give their renovated houses.
The winners of the Property Observer competition to win two tickets each to The Block are:
Kaz Chau, who reckons Josh and Jenna's house will win. “It is the only one of the four which is non-pretentious but oozing simple elegance achieved through their attention to detail of the heritage features juxtaposing modern clean lines and practicality.”
Tickets also go to Will McKellar, who reckons Polly and Waz will win, as “with no experience, great attitude, continuous laughter, when they probably wanted to cry, they had quality execution and determination for a DIY novice”.
