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Overbuilding the neighborhoodA real-estate agent came by our house the other day and gave us a free assessment as to its value. With the ever-changing housing market, we thought it was a good idea. Okay, I thought it would be a good idea. The Wife was getting irritated at her husband for bringing a critical stranger in the house during nap time. Unfortunately, like most things free in this world, the real-estate agent’s free opinion wasn’t worth much. It seems The Wife and I have overbuilt the neighborhood. As she went though the myriad of reasons why we shouldn’t spend any additional money on our home, I came up with a free assessment of my own. The real-estate agent really didn’t know what she was talking about. The guided tour of our house started with the outside. As we walked around, I explained the four retaining walls we installed to save the 100-year-old oaks. We reclaim gutter water with an underground piping system and the retaining walls terrace the yard, enabling us to install more plants and trees than grass. I was proud of the fact we had planted more trees than were removed when we built our house. It was then the real-estate agent said, “Landscaping doesn’t sell a house; it’s not important.” Oh, really? It was time for the real-estate agent to get an education. I told her about another homeowner who thought preserving trees and the environment was important. On his self-sufficient 125,000-acre estate located in Asheville, N.C., he had planted 1,000 trees a day for 10 years, reforesting the spent farmland. Back in 1895, I’m sure some real-estate agent told George Vanderbilt that landscaping wasn’t important also. Frederick Olmsted, the man who started the National Forest, designed the U.S. Capitol grounds, and built that little park located in the center of New York, designed and built the many gardens on his estate. I suggested that she go for a visit to see how important landscaping is to a home. She suggested we go inside. After showing her the entire house, we headed for the basement. For months, the Wife and I have been building the gym, workroom, home theater, and wine cellar. The only things left to complete were a bathroom and hardwood floors. After looking at all we had done, she said, “I wouldn’t spend any more money on your basement, you’ve already overbuilt the neighborhood.” Oh, really? The house that good old George built was three stories, 170,000 square feet, and had one of the first elevators in the country. It also had 33 bedrooms, hot and cold running water for the 43 bathrooms, and 65 fireplaces. Cutting-edge technology throughout the home and located in the basement included a swimming pool, a gym, walk-in refrigerators, two huge boilers that brought central heat to every room and, yes, even a wine cellar. Somewhere along the line in our recent economic climate, people have gotten the idea that a house is a tool — a tool that should be flipped in order to make money. They are wrong. A house is your home and it’s meant to be lived in. That’s what George Vanderbilt thought when he overbuilt the neighborhood of the post-reconstruction South. William Cecil, Jr., was born in the house his great-grandfather built over 113 years ago. Requested by the city of Asheville, in 1930 the Cecils opened the house up for the public to tour and enjoy. That’s what my plans are: in about 20 years I’m sure the city of Senoia will ask me and The Wife to open our house up for public tours of the award-winning designed landscaping, the yet-to-be built water gardens and, of course, the overbuilt basement and wine cellar. I wonder if we can charge $50 a ticket like the Vanderbilts. login to post comments | Rick Ryckeley's blog |