This Month's MagazineDining and SpiritsArts and EntertainmentTravel and LeisureHome and Real EstateHealth and WellnessShopping & FashionEvents and PicsElegant Wedding Magazine

Bookmark and share

Issue Date: June 2011


Rating the Suburbs 2011: The Bargain Buy

Michael Ocampo and Beth Campano-Ocampo, Fairview Park
Jennifer Keirn

Beth Campano-Ocampo came to the home-buying process with the eye of an artist. As a skilled conservator who works with private art collectors and museums nationwide, she had strict criteria for the aesthetics and quality of her new home.

She and her then-fiance, Michael Ocampo, were living in separate condos in North Olmsted and Tremont before their November wedding.

The couple, who are also expecting a baby in August, searched both sides of town. But Campano-Ocampo "liked the infrastructure of the West Side better," she says. "[It has] easy access to I-90 and I-480, a 15- to 20-minute commute downtown, and easy access to work and clients both east and west."

In Fairview Park, they stumbled upon a secluded neighborhood overlooking the Metroparks, where its developer created 1-acre lots that take advantage of views across the wooded valley.

"As soon as we drove into this neighborhood, we knew we wanted to find a way to live here," Campano-Ocampo says.

The home's architecture appealed to this couple — a 4,500-square-foot mid-century modern California ranch with a midlevel walkout and a second-floor balcony that wraps the entire back of the house overlooking the valley.

But with a listing price of $399,000, the custom-built home strained the upper end of their budget. Over five months, the price gradually declined into a more comfortable range, and they snapped it up at a final price of $315,000.

It was a great deal — a neighbor's home listed at $415,000 hints at its value — but Campano-Ocampo stops short of calling it a bargain.

"I had to have a structure that was beautifully built," she says. "A bargain wasn't a bargain unless we found that kind of house at a really enticing price."

Amenities included an automatic generator, an indoor grill with chimney, four-zone thermostats, and interior stone and brick walls. The neutral tones of its '60s-era decor prevented it from becoming dated. Structural wood beams connect indoor and outdoor spaces, and the original owner had added clever touches such as an exotic carved-wood railing reclaimed from a 1950s-era Cleveland restaurant.

"We looked at houses that were more expensive that weren't built as solid, even if they were beautiful," Campano-Ocampo says. "There was nothing [on the market] of this quality."



Home Inspection

Sold for: $315,000
Asking price: $399,000
Time on the market: 155 days


Comments. All comments must be approved by our editorial staff.
 
Choose an identity
Other Anonymous
 
Name 
Website 
All of these fields are optional.
CAPTCHA Validation
Retype the code from the picture
CAPTCHA Code Image
Speak the code Change the code
 


Home | Subscribe | Archives | Advertise | Newsstands | Contact Us | Jobs | Legal
© Cleveland Magazine 2014 | P: (216) 771-2833 | F: (216) 781-6318 | 1422 Euclid Ave. Suite 730 Cleveland, Ohio 44115
This site is a member of the City & Regional Magazine Association