Can't sell? Raise the price!--1192 Park Street, Alameda, CA
Usually, when an item can't sell, its price is reduced to entice potential buyers.
Sometimes, however, it is put up for sale again at a higher price. It must be reverse psychology.
A large Victorian on Park Street with no picture showed up in the MLS again today at $925,000 (MLS #40340126):
While the owner's renovation efforts and contribution to the maintenance of Alameda's cultural patrimony are commendable, knowing how much she claims to have spent is not only completely irrelevant to the next buyer, it's in poor taste and smacks of desperation. "I'm not going to give it away! I just spent $x! You shall reward me for my efforts!"
No.
Sometimes, however, it is put up for sale again at a higher price. It must be reverse psychology.
A large Victorian on Park Street with no picture showed up in the MLS again today at $925,000 (MLS #40340126):
This property was being renovated and owner states that she has spent over $120K on renovation. Owner states that the sewer plumbing was redone recently. THIS PROPERTY NEEDS FURTHER RENOVATION AND IS BEING SOLD AS IS. This home sits at the end of the commercial and is a prime real estate areaOne trivially finds that its former incarnation languished on Zillow for over 2 months at $27,000 less:
While the owner's renovation efforts and contribution to the maintenance of Alameda's cultural patrimony are commendable, knowing how much she claims to have spent is not only completely irrelevant to the next buyer, it's in poor taste and smacks of desperation. "I'm not going to give it away! I just spent $x! You shall reward me for my efforts!"No.
Miscellaneous