Friday, March 03, 2006

There is Room for a Desk

This PoS (the green and white thing) is in San Rafael. According to the realtor write-up it's an "Adoarble 1920's cottage. Cozy but charming. 1 bedroom but room for a desk in living room..." [sic]. Oh good, I am sooo relieved -- there is room for my desk! And note that it seems that "cozy" is a realtor buzzword for PoS. Anyway, this thing was built in 1921 and is so small that the square footage isn't even listed. And what do you have to pay in Marin for this cracker box? A laughable $629,000.

14 Comments:

Blogger marin_explorer said...

I couldn't find anything on dwelling sqft, but lot is given as 0.367 acre, so why is it crammed against the next house? Since it's a sloped lot, perhaps building elsewhere is problematic.

March 03, 2006 3:44 PM  
Blogger Idaho_Spud said...

Would that be the desk where the new home owner leaves their suicide note when they finally come to their senses?

March 03, 2006 5:10 PM  
Blogger Econ_101 said...

If memory serves, the book Freakonomics did correlations between various common real estate terms and selling prices.

Ads with "Cozy" correlated with lower prices (which isn't all that surprising).

I've always interpreted it as RealtorSpeak(TM) for the more commonly used English word tiny.

March 03, 2006 6:26 PM  
Anonymous Anonymous said...

There's a word that would apply to this structure everywhere else but Marin County: broken-down shack. (OK, that's three words, so sue me.) Is it just me, or is the entire broken-down shack leaning to the left? Anyone who spends $629,000 on this POS deserves to have it fall down on top of them.

March 04, 2006 4:19 PM  
Blogger oldsquawky said...

This reminds me of "Freakin' tiny MV pos" , which btw is still on the market but marked down to 699k from 745k.

March 05, 2006 11:51 AM  
Blogger sf jack said...

marinite -

The "hits" just keep on comin'.

Great job with all the POS' - of course, it appears you have a lot to work with!

March 05, 2006 9:32 PM  
Blogger Marinite said...

Great job with all the POS' - of course, it appears you have a lot to work with!

A lot more recently (the winter was a bit slow). I expect with the coming increase in inventory that the PoS postings will occur on an almost daily basis.

March 06, 2006 10:25 AM  
Anonymous Anonymous said...

This is the dawning of the age of the BUBBLE BURST!

This pathetic POS is more evidence.

Warning to real estate agents in Marin...


You may actually have to work for a living.

March 07, 2006 1:51 AM  
Anonymous Anonymous said...

Is it just me, or does this house look like it's falling off it's foundation.

March 07, 2006 11:41 AM  
Anonymous Anonymous said...

Actually it does look like it's going to fall up hill...remarkable -- I am wondering what the person who currently lives there looks like: quasimodo? no offense to quasimodo...if much of Marin RE looks like this and it does, who are all these fancy people at Whole Foods? They all can't live in Tiburon...

March 07, 2006 3:33 PM  
Blogger Marinite said...

if much of Marin RE looks like this and it does, who are all these fancy people at Whole Foods? They all can't live in Tiburon...

I sometimes play a game when I am at the grocery store or where ever here in Marin -- I'm standing in line and I am looking at some pretentious Marinite in line with me and wonder if that person lives in some upscale house somewhere in Marin or in one of these PoSs. Because you can never tell as we all shop in a lot of the same stores; the socially competetive hoard in Marin will try their hardest to look wealthy and look down their noses at others and yet some of them nevertheless live in those PoSs. But remember, Marin housing bulls would have you believe that it is not about the houses.

March 07, 2006 4:01 PM  
Anonymous rejunkie said...

marinite-

Funny, I look at the cars in the driveway and how they don't seem to "match" the residence. It is amazing how often a PoS or a sh***y condo has a Lexus in the drive way here.

And here I am, strangled by my mortgages, driving a 1989 Volvo. Appearances can definitely be deceiving. (BTW, if you ever read "Millionaire Next Door", the truly self-made millionaires generally don't feel a need to show it off)

March 07, 2006 8:05 PM  
Anonymous Anonymous said...

"...the truly self-made millionaires generally don't feel a need to show it off"

OT, but that depends on the person, doesn't it? Car lovers with money often start their own collections, like Steve Ballmer, Leno, etc. And they don't usually buy aging Volvos.

March 08, 2006 8:31 PM  
Anonymous rejunkie said...

True. Although I don't know why not? My boxy wagon has gotta be a collector's item some day. I am banking on it to flip my next condo ;-)

March 09, 2006 2:46 PM  

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