7 Comments

1. 

   Jiji on February 1, 2011 at 8:37 am

   Another winter like we are seeing now and even Florida RE will start to look like a good investment,

   Just kidding,

   But seriously it’s cold back there.

2. 

   MarkB on February 1, 2011 at 11:30 am

   That is an odd floor plan. Entirely built for the view and all other considerations secondary. I’m not surprised it got snapped up though. That would be a great bachelor pad.

3. 

   Jeeman on February 1, 2011 at 12:47 pm

   A house like that for under $700k? What are the recent comps? Seems like a steal, but I don’t know the area well at all.

   I don’t see how that subdivision would ever consider itself at the same level as the Covenant, but those houses are nice. I like the odd floor plan.

4. 

   Scott on February 1, 2011 at 5:09 pm

   Odd floor plan but I can see how it got snapped up already. I would really like to see the pictures before the work was done. Great deal if they could do the rehab for no more than 100k. Tile and floor are standard low grade but I’m wondering how much they had to spend on the windows, yard, etc?

5. 

   Jim the Realtor on February 1, 2011 at 5:47 pm

   I think it was well under $100K – even the fireplace was untouched:

   http://www.sdlookup.com/MLS-100048904-1778_Kings_Rd_Vista_CA_92084

6. 

   Jim the Realtor on February 1, 2011 at 5:57 pm

   Jeeman – not comparing the ‘hood to the Covenant, but suggesting how the cachet of any “special” neighborhood has diminished greatly in value in this conservative era.

   People don’t mind buying outside the Covenant if they think they are getting a better value (Fairbanks, Santaluz, Crosby, etc.), especially with regards to the fixers you get in the Cov up to $2M.

7. 

   Scott on February 2, 2011 at 5:53 am

   Thanks for the link Jim. You’re right, it wasn’t a very extensive remodel.