Affordable Housing, Marin Style
I've blogged this one before. It's the cheapest property currently listed in all of Marin; this is what is meant by "affordable housing" in Marin. Your kids will love this place. For some reason it's been on the market for 157 days now. I don't understand why. Really, this is such a sweet house by Marin standards. The asking price hasn't been reduced in all this time and for good reason...this place rocks.
posted by Marinite at 9/14/2006 11:45:00 AM
12 Comments:
Yeah, the fab thing about the 157 days is that's it's probably more like 257, but they swapped out the MLS number 6 months ago. Notice how ZipRealty listings no longer show listing dates? The list of POS's is growing....
Looks like construction required equal hits to the lumber pile--and bong.
Isn't that thing right on a creek that flooded last winter?
Halloween is coming. This house could be an ideal choice for a hunted house tour.
Heck, 'just needs a little TLC.
And you know what else? I make $55k a year or so, have about $20k on hand for a down payment, and a nice steady income...and even with the most creative of creative financing, I STILL couldn't afford that house.
I suspect that they are asking the tax-assessed value of the land? I sure hope so, b/c that derelict health hazard isn't worth $10k.
You are all just used to looking at too many sparkling mcmansions... THIS HOME is in the classic Arts & Crafts style. You have to be an "outside the box thinker"... you knuckleheads arent sophisticated enough to get it.
i think im gonna put in an offer. It would make a GREAT rental.
liz
I'm shocked that such a shabby chic pied a tierre in the desierable Mill Valley has not been snapped up.
Shocked I tell you.
Jeezum. Even where I live, out in the sticks with practically no building inspection, and a very low per capita income, there are maybe 30 houses in the whole county that look this bad.
Surely you couldn't get a permit to occupy a structure like this ?!?
Looks like one swift kick would send it over. And is that visqueen I see over the roof?
>>>And is that visqueen I see over the roof?<<<
That is the covered terrace!
It's a new paradigm, and anyone who doesn't buy, now, will be priced out forever. Anyone who does buy will be rewarded with a lifetime of riches, as their property will continue its annual 25% increases.
Renters, and those born in future generations, will be unable to afford a $10 million starter home in 5 years. They will live in tent cities, and Hondas.
This asset bubble is unlike any before it in history, because it will never slow down, or pop. The gains are permanent.
Looks like it was built by a couple of 14 year olds on acid as a "fort".
Do you have an address on this one? I would love to a drive-by, just for thrills and giggles.
Post a Comment
<< Home