Monday, October 31, 2005

Old World Dump

Built in 1907; 1862 sq ft. Absolutely nothing has been done to this house (e.g., master bath is a shower-over-the-tub sort of thing). According to the realtor write-up..."old world charm" (translation: it's a PoS). Price: $1,390,000. Get a clue people.


Anonymous Anonymous said...

I like that spindly chimney supported by external bracing. Which town is this located in? By the price, I'll guess MV or CM.

It could be interesting to compare these Marin homes against "the competition"-- comparably priced homes just outside the county. For example, here's what $1M+ gets you north of Marin.

If $1M buys you a dumpy home here, doesn't that make Marin a dump for ~ 90% of homebuyers?
Take 50-60% off a Marin home, and you might be approaching a competitive value.

October 31, 2005 10:57 AM  
Blogger Marinite said...

Mill Valley. Sorry.

October 31, 2005 11:26 AM  
Blogger Marinite said...

Last year I visited an open house for a house like this one. It was in Larkspur. It was asking $1.2 million at the time. It featured a cracked and slumping foundation, water seaping through the walls in the cellar, leaning walls, slanted 2nd storey floors.

It sold for asking. People are so stupid when they allow the herd to govern their decision-making.

October 31, 2005 11:30 AM  

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