Builder’s Special

by | May 2, 2013 | Bubbleinfo TV, Encinitas, View | 6 comments

It will be interesting to see where this one ends up, because on paper it looks insane – Encinitas for $1,000/sf.

But this block drops down quickly across the street, giving a quality view opportunity to someone who doesn’t mind building:

6 Comments

  1. avgjoe
    avgjoe on May 3, 2013 at 6:57 am

    Thats a pretty small crib, bachelor pad?

    1,250,000.00/ 1200 = $1041.00/ sq ft pricey

    Is the land and view worth that cause the house could probably be rebuilt for < 200k you think?

    The kitchen is all appliances it seems and the countertops are miss matched. Since it is so small I guess wouldnt cost a lot to redo. A trip to home depot with 10 grand would maybe do it.

  2. Jim the Realtor
    Jim the Realtor on May 3, 2013 at 7:07 am

    To pay this much you gotta be committed to going two stories, and the full build-out.

  3. avgjoe
    avgjoe on May 3, 2013 at 7:17 am

    Do you have any idea of what it would cost in permit fees do build up?

    What do you think the avg cost / sq ft to have something built? thx

  4. Jim the Realtor
    Jim the Realtor on May 3, 2013 at 7:39 am

    I think the fees for brand-new construction would be $30-$40,000, but I’m guessing.

    You can build a regular house for $180/sf – $200/sf, but you would need to go all out here. It would probably end up closer to $300/sf.

  5. Jessie
    Jessie on May 3, 2013 at 10:30 am

    That sounds priced right. Homes on Hermes ave no view going for $$700 a square

  6. Matt
    Matt on May 5, 2013 at 10:19 pm

    It’s just one of those homes where the rehab is OK but the view and location are “worth it.” Although getting stale enough the price it may not fetch.

    But it definitely will take some work inside to spruce up (Grandma definitely did not do a lot in her time in there).

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