Where to begin? This house is distinctively outfitted to say the least (hint: see the gallery to catch a glimpse of faux stone walls, pillars, tiger print rug, etc.), but I suppose what caught our eye first was the smiling pig standing in welcome at the entrance.
From the kitchen there’s access to the dining, family, breakfast, and great rooms. This latter area has marble and limestone floors, high beamed ceilings. and sliding pocket doors that lead out to the swimming pool. It’s capable of seating up to 60 guests.
Then there’s the master suite, which opens onto a deck and outdoor pool area and has a his-and-her bathroom that includes a massage area, plus a separate spa room with heated stone floor, “Endless pool”, and what looks to be a sky muraled ceiling. Other bedrooms and a family room are in the lower level, which has an entry to the tennis court.
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Photo credit: Google Maps.
Last week we heard homeownership in the area had been slowing down, only to learn the next day that the apartment market in Center City was cooling as well. So where exactly are renters going? ApartmentGuide points to the the suburbs.
Despite Lower Merion Township having some of the most affluent neighborhoods in the area, Philly.com’s Lauren Mennen reports the apartment-hunting website found Wynnewood to be the seventh “hottest suburb” for renters in the country after analyzing 100 of the most-searched cities between April and July. The numbers below may explain why:
According to statistics on the website, the average monthly rent for a two-bedroom home in Wynnewood is $1,443, which is still cheaper than two-bedroom homes Old City ($2,137), Society Hill ($2,137), Northern Liberties ($1,582), Graduate Hospital ($1,512), and Fairmount/Art Museum ($1,495).
Lower cost and taxes aside, Wynnewood has a the advantage of having a “larger concentration of apartments” compared to other areas, all while offering better schools, more shopping, easy access to Center City, and being walker-friendly for commuters.
• Wynnewood named one of the ‘hottest suburbs’ for renters [Philly.com]
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As it goes in the nation, so it goes in Lower Merion: Rentals are trending. Heavily. That’s why developers are betting on projects like a 33-unit complex at Athens and Walton in Ardmore and a 284-unit complex on Righter’s Ferry Road. Also, according to the Inquirer:
…115 apartments (plus offices) at the Palmer Theological Seminary at City and Lancaster Avenues, 250 units next to the Wynnewood train station, 121 apartments on a municipal parking lot on Cricket Avenue in Ardmore” and a plan for 40-plus units near Ardmore’s Suburban Square on Sibley Avenue…If all the projects now on the boards are built, they would increase the total number of rental properties in Lower Merion by roughly 20 percent.
Will this activity bring a new surge of life to towns like Ardmore, that can be a little too sleepy for their own good? Or will they flood the school district with too many new students? Read more here.
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