A five-bedroom house situated at the plush Trassaco Valley residential community was gutted by fire this morning, a third of such incidents to have been recorded on Sunday.The occupant of the one-storey building, estimated to cost over a million dollars, said he spotted smoke billowing from upstairs at about 7:45am and rushed there.Alex Briton who said he couldn’t reach personnel of the Fire Service drove to a nearby police station to ask for help, Joy News' Isreal Laryea reportedAlex told the police he saw fire coming out of the air-conditioner.The fire was eventually brought under control at about 9am.Firemen who eventually got to the scene said the fire could have easily been contained if there was a fire extinguisher in the house.