This entry was posted
on Thursday, April 19th, 2012 at 2:20 pm and is filed under Homes For Sale, Marketplace.
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Nice place but $620,000 for North Loop!? Yikes!
Wishful thinking at it’s best.
If you check the comps a $559k selling price is right in there. The main house has some very nice upgrades (without kitchen & bath getting ruined by granite countertop idiocy). The bonus office/studio is awesome. With better marketing (Hardiboard siding! CAT5 wiring! welcome to the 90′s, LOL) and somewhat more interesting exterior color & landscaping (native, not boring-ass lawn), I could see this getting asking price.
Big difference between 559 and 620…
Not that much. I always assume list price is at least 10% over what the seller will take.
What’s disturbing to me is that I see very little modern being built in an affordable price point in the central city. (Affordable in this context is “affordable to me”: around $300K.) $550K to $600K in that neighborhood is new. And it’ll start messing with everyone’s comps. Great for gentrification. Bad for central city affordability.
I think it’s funny that they showed a picture of the under floor safe. Now anyone feeling the hankering to rob the place will know right where to look!
Sale pending. Looks like the seller’s price wasn’t so far out of line after all…
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