PoS for a Young Family in Corte Madera
This Corte Madera bungalow was built in 1914; 3 br 1 ba, 930 sq ft. The realtor write-up claims it is the "Best price in the area. Perfect for a young family". So this is the best price you can hope for in Corte Madera and it is what those Marinites consider to be perfect for a young family. Now you know. If you desire to live the Marin PoS lifestyle and want to have a young family, well, this PoS is what you get. And it will cost you $849,000. This is what the market has been reduced to. Shameful.
posted by Marinite at 3/30/2006 09:52:00 AM
9 Comments:
If I were young and had a family, I would have already moved out of the area. Which is exactly what the defenders of the status quo here want, anyway.
"I don't care where you live, just so long as it isn't here."
People, people, people, have you lost your mind(s)? Save for price, this isn't all that bad for Marin POS. It's definitely cute and overpriced - DUH but it's not bad. It's not sliding off the foundation, sitting below a precarious hillside, windows are not boarded up; the stairway is level and uncracked, the hedges are alive... you maybe would let your daughter possibly babysit here. I imagine current owner's have all their teeth.
"People, people, people, have you lost your mind(s)? Save for price, this isn't all that bad for Marin POS."
You're right. This is a spectacular deal for The Most Wonderful Place On Earth. You'd be fools - fools I tell ya - to let this one slip into the competitions hands!
"OUCH"
I can't even wrap my mind around a 3BR home w/ 930sqft--much less see a family living there.
I agree with rodngun. It's ridiculously overpriced but it certainly isn't a POS. This site isn't nearly as funny nor interesting if it just shows overpriced houses, I could look at a realtor's window if i wanted to see that. The properties should be overpriced AND POS's as well. This one is actually cute and looks like a perfect starter home for a young family if it were half the price.
This blog points out how much it will cost you to buy in to the lowest common denominator of Marin housing so as to make it clear to all how over priced Marin is for what you get.
A tiny house for a huge price makes it a POS in my book. It doesn't have to have peeling paint, broken windows, or be a one room shack on the side of a hill to make it a POS. In other words, if it had peeling paint, broken windows, or it was a one room shack on the side of a hill it wouldn't be a POS if it was appropriately priced.
That is correct! It is PRICE that determines POS. Unfortunately, Americans forgetting that fact has brought us to where we are now.
A run down dump is a DEAL and of great value if it's 20K.
A well-kept "cute" home is a POS at 600K.And it's only "valuable" for as long as the insanity continues.
Really, Americans have got to get on the same page about this.
The funny thing is that I was talking to my Marin-area sister lately and she was talking about a four-bedroom that she had her eye on for around $800K. (She already owns a house in Marin so this would be an upgrade— with substantial assistance from rich in-laws— rather than a first purchase.)
From her description, it's definitely NOT a POS— two of the bedrooms are dark but it is a problem solvable by re-installing removed windows (the previous owners converted a porch into a hallway and didn't bother to leave light sources. Way to go, silly people.) So how is it that she can find a four-bedroom house big enough for her growing family while people are offering these POS for nearly as much?
It boggles the mind.
Because there is "MARIN!!!!" (everything south of Sir Francis Drake) and there is "marin?" (everything north, particularly the tract-infested and slope-headed buck-toothed 'burb of Novato).
I would guess your sister is looking at Terra Linda/Marinwood or my own little shantytown, Novato -- home of Marin's only Costco, Target AND Big Lots (nee MacFrugals). I am so proud.
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