A highly sought-after seven-bedroom, six-bathroom home on Audubon Place in Uptown, New Orleans, has sold for $4m after spending 717 days on the market. However, the house had no toilets, sinks, or showers when it was sold, as the former owners had gutted the kitchen and bathrooms to create what was called a “white house” – a blank slate for the new owner. Latter & Blum realtor Eleanor Farnsworth said she had never seen this approach before, but that the owners had left all the architectural details intact. The Renaissance Revival home was built by the famous architect Emile Weil and includes original pocket doors, a grand staircase, stained glass, marble mantles, copper gutters, and intricate millwork throughout. Farnsworth said the overall beauty and architectural significance of the home meant that its lack of bathrooms or a kitchen did not deter buyers. The former owners were from out of state and may not have ever lived in the home. The new owners, who were represented by Keller Williams Realty New Orleans realtor Terrence Davis, are from the New Orleans area. The seller used the core value of the home, not the amenities or extra add ons. The seller knew what their market was and executed perfectly.
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Another great summary of the article. This is a fascinating story of a unique home sale that proves that the value of a property can go beyond its amenities or add-ons. Despite having no toilets, sinks, or showers, a seven-bedroom Renaissance Revival home on Audubon Place in Uptown, New Orleans, sold for $4m after spending 717 days on the market. The former owners had gutted the kitchen and bathrooms to create a “white house,” a blank slate for the new owner, but the architectural details and beauty of the home were enough to attract a buyer. The story shows that understanding the market and highlighting the core value of a property can lead to a successful sale.