Saturday, March 25, 2006

Booger Green in Corte Madera

...3br/1ba home. 2+ car garage. Lots of windows. New deck, roof and exterior paint. Small, private yard... Good bones, needs updating...
Doh! What am I missing here? This "good bones" (not even "nice" bones mind you), ugly-arsed, booger green, in 'need of updating' PoS is asking $925,000!? Again, the "I'm eating ramen and PB & J every day, but at least I have a house" mentality comes immediately to mind.

7 Comments:

Anonymous Anonymous said...

Interesting contrast: a realtor's Lincoln parked out front of a $925K underwhelming home with a front screen door. That will be great when your Bichon Frise needs to bark at the postman. There's just a little disparity between the market these homes were built for--and those who can now actually afford them.

March 25, 2006 12:58 PM  
Anonymous Anonymous said...

Why puss out at $925,000? Why not just be a total asshat and ask $1 million?

March 25, 2006 1:10 PM  
Blogger fredtobik said...

lol.. booger green.

Corte Madera is a good bubble watching fun.

March 25, 2006 8:37 PM  
Anonymous Anonymous said...

Can this really continue?

HELLO!

March 26, 2006 1:11 AM  
Anonymous Anonymous said...

yeah - that house doesn't look so bad for regular working class americans, at $200,000 tops.
Look at all the surplus laborers waiting to be picked up to do construction work in San Rafael, probably driving wages to $8-10 for many of the medium skilled tasks. How much could building all these marin houses new cost? Probably the lumber costs more.

March 26, 2006 10:29 AM  
Blogger Marinite said...

There's just a little disparity between the market these homes were built for--and those who can now actually afford them.

Exactly, well said. That's the point.

The definition of a POS is NOT whether it is a tiny shack falling down the side of a hill with peeling paint and broken windows. It is what you get for how much you have to pay.

But I do enjoy hearing all the cognitive dissonance reducing and self-justification going in defense of these house prices.

March 26, 2006 11:05 AM  
Anonymous Anonymous said...

>> That house doesn't look so bad for regular working class americans, at $200,000 tops.

Aww, come'on - in a sane world, that place would be lucky to fetch $30k.

March 27, 2006 11:35 AM  

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