Friday, February 03, 2006

Sausalito PoC

I admit, this thing has curb appeal. So I'll call it a PoC instead of a PoS. It was built in 1904, 1 BR/1 BA, and it is a puny 704 sq ft. What's more, it's owned by the realtor who is representing it. I wonder why a realtor is selling now? Hmmm... I wonder. Hasn't he heard that "real estate always goes up", "Marin real estate never goes down", etc.? It has been "updated" to have a disposal , a dishwasher, and a refrigerator in the kitchen. Wow! Who would have thunk it? And it's only $625,000; that's $887.78 per sq ft.

6 Comments:

Anonymous by_palladium said...

Seems cheap. I thought the days of underpricing were over. This is sausalito afterall.

February 03, 2006 5:49 PM  
Blogger fredtobik said...

Should add a game to this site.

"What woudl it go for!"

I'll say 724k is my guess.

February 05, 2006 9:08 AM  
Blogger sf jack said...

"What would it go for?"

What are Sausalito schools like?

Or am I asking the wrong question?

Instead perhaps this place will be acquired by wealthy foreigners, downsizing boomers or someone from China.

700 s.f.

"Good luck with that!"

February 06, 2006 10:13 AM  
Blogger SiliconValley Renter said...

My first apartment in college was more than 700 s.f.!

But the nice thing about this place is that since it was built over 100 years ago, the 2x4's in the walls are probably actually 2" by 4". And since wood lasts forever and Marin RE always goes up, I recommend you buy this place now or be priced out forever!

February 06, 2006 10:50 AM  
Anonymous rejunkie said...

And since it was built over 100 years ago, it certainly contains asbestos AND lead and probably has not a seismic retrofit. Great place to raise a family!

Oh, and my guesstimate of sale price is... $625k.

There are plenty of better (or certainly bigger) places in southern Marin for $724k.

February 06, 2006 1:56 PM  
Anonymous Anonymous said...

Sausalito schools are worse than Sausalito RE prices

February 22, 2006 8:05 AM  

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