They did get several offers, and accepted one today.
If it got close to $600,000, that’s only 20% off the 2006 sales price. A couple of years ago we thought we’d be seeing 50% discounts by now around SEH:
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Jim Klinge
Klinge Realty Group
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The transactions were very different, each with its own unique situation, opportunities and challenges. From start to finish, Donna and Jim helped navigate the pre-sale preparation, the listing, showing of the house, buyer negotiations, the final close and all of the paperwork and decisions in between. What stands out with both transactions is the professionalism of Jim and Donna (and their team), wonderful communication (timely, relevant, concise), their deep understanding of market dynamics (setting realistic expectations), their access to top-notch contractors, and last, their ability to guide us across the finish line successfully. We wouldn't hesitate to use Jim and Donna in the future and highly recommend them for anyone looking to buy or sell a property in North San Diego County.Trustindex verifies that the original source of the review is Google. We sold a home with Jim and Donna and from beginning to end they were consummate professionals. Their initial walk through the property resulted in a list of items to be repaired or updated. They supplied a list of vendors and job quotes to do the repairs and updates. We originally wanted to sell ‘as is’ and just get it over with. They gave us a selling price for ‘as is’ and options for doing a few updates/repairs to doing it all with the selling price for each option. We agreed to do all they suggested and we sold for the exact price they predicted. For every dollar spent we got back more than $2 back in the selling price. And they got that price in a rising interest rate environment! Donna and Jim are extremely detailed and guide you through ever aspect of the sale. There were no surprises thanks to their guidance. We couldn’t be more pleased with their representation. Thank you Donna and Jim, Jerry and MaryTrustindex verifies that the original source of the review is Google. 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Jim and Donna demonstrated exceptional professionalism, offering expert guidance on market conditions and pricing strategy, which resulted in a quick and successful sale. Communication was prompt and we were well-informed throughout the entire process. For anyone looking for a dedicated and knowledgeable real estate team, look no further! ---Trustindex verifies that the original source of the review is Google. Donna and Jim Klinge of Klinge Realty Group have our highest possible recommendation. From Donna and Jim’s first visit to our house through closing their advice and counsel was candid and honest in all dealings. They kept us fully informed throughout the process. The house sold less than three days after listing with a two-week closing. My wife and I have sold several houses during our lives. This was by far the best experience. Klinge Reality is a premium service realtor. You can’t make a better choice for someone to sell your home fast and for top dollar.Trustindex verifies that the original source of the review is Google. Donna and Jim provided exceptional support and professionalism throughout the entire process. We couldn't have been happier with their efforts. They made our house shine, and thanks to their expertise, it sold above the listing price in the very first weekend! Truly a fantastic experience from start to finish.Trustindex verifies that the original source of the review is Google. This year has been difficult on our family, mainly due to having to sell our home. Thankfully we knew God had a plan for us and working with the Klinge team was a key part of it. It was an obvious decision to work with them again after such an amazing experience when purchasing the same home we needed to sell. The challenge was, how will we do this in so little time with so much going on? Jim and Donna held our hand every step of the way. 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Jim understanding my needs, recommending potential places, pointing out the pros and cons of each property was invaluable. Then when the offer was accepted Donna’s organized guidance through the inspections, paperwork etc made the whole process seem effortless. So grateful that I had them on my side!Load more
20% off indeed, but it’s 6 years later (say 15% total inflation over that period) and with far lower mortgage rates… comes pretty close to an effective 50% haircut in carrying costs compared to incomes. Nominal prices can’t fall a lot further, I would guess.
That actually seems like it’s up a bit from the bottom. I almost bought a model match with the exact same view and similar add-ons a few doors down on Anchor in the mid-500s in 2007 at auction, but got cold feet when it went to $550k, I believe. I suppose I’m glad I didn’t buy since it’s gone nowhere in nearly 5 years, but it sure feels like the bottom.
There are listings in San Marcos for over 50% off 2006 price, just not in SEH. The biggest discount I see in the current listings is 40% nominal (I believe Jim was referring to nominal rather than real terms). This one supports the “superior property” theory I’ve seen posted here; nice, clean houses with ocean views still command a premium.
$600k is approaching what I think is a fair price for that house, and I’m pretty damn bearish.
Nice house, love the view!
10% premium for that view, SURE, in SAN MARCOS, maybe 20% or more in Carlsbad – I’m sorry but the stigma of SEH just isn’t worth it, I don’t care what you see from your rear windows. Sory for being such a negative Nelly, but travertine tile in the baths is SOOOOO early 2000’s and frankly, it cost nothing nowadays!
EquityVaporator, I am in Sonoma County and the genuinely superior properties do bring a premium. There are never a lot of them, I get real tired of Lowe’s on steroids houses dropped on not very usable acreage.
Decent layout and nice price. Should go quick.
The SEH stigma? It is quite a nice master planned community if you ask me.
Grass… a couple of grand? Are we talking landscaping or smoking?
Anchor isn’t the most prestigious street in SEH, just sayin’.
Seems like a nice house. Sunset views may add sizzle to the sale, but it usually mean those rooms are uncomfortably warm or lots of glare. I have had two homes like that: no more. A southerly view is better. Travertine comes and goes out of fashion. I like it personally.
Regarding travertine being sooooo 2000. What then,is “in” right now for bathrooms?
“Regarding travertine being sooooo 2000. What then,is “in” right now for bathrooms?
REB | March 16th, 2012 at 7:08 pm”
My question exactly. I’d like to know the current trend, and why JtR is considered stuck in the 2000s? 🙂