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.
6 Comments:
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.
Why puss out at $925,000? Why not just be a total asshat and ask $1 million?
Can this really continue?
HELLO!
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.
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.
>> 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.
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