Price it like it's 2006--909 San Antonio Avenue, Alameda, CA
This listing isn't a loss leader or particularly remarkable in any way other than its pricing (MLS #40336355):
It does look nice, and it's in one of the better neighborhoods, but it also looks like dozens, if not hundreds, of other homes just like it built in the early 20th century. The house isn't very big, the lot is tiny, and the sellers are asking an early-2006-vintage price of $721,000 for a 3-bedroom, 2-bathroom, 1,322-sqft home on a postage-stamp 2,970-sqft lot.
We'll have to see how long it stays on the market before they drop it to the mid 600s, where it might have a chance of attracting buyers.
Update 8/29/08: Talk about being right on the money with my prediction above--this home sold for $660,000 with a closing date in late July, 2008.
Traditional home in lovely neighborhood. Open floor plan [...] easy and casual living. Street level recently built out consists of 1 bedroom [...] one full bath; laundry area; garage has loads of storage.
It does look nice, and it's in one of the better neighborhoods, but it also looks like dozens, if not hundreds, of other homes just like it built in the early 20th century. The house isn't very big, the lot is tiny, and the sellers are asking an early-2006-vintage price of $721,000 for a 3-bedroom, 2-bathroom, 1,322-sqft home on a postage-stamp 2,970-sqft lot.We'll have to see how long it stays on the market before they drop it to the mid 600s, where it might have a chance of attracting buyers.
Update 8/29/08: Talk about being right on the money with my prediction above--this home sold for $660,000 with a closing date in late July, 2008.
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