This is a good example of a new listing in a prime area where offerings have been thin, so the sellers and agent are going for it.

They have a couple of comps:

http://www.redfin.com/CA/Encinitas/125-4th-St-92024/home/4113360

http://www.redfin.com/CA/Encinitas/765-2nd-St-92024/home/4116657

But in the post-frenzy era will those be enough to get buyers to pony up all the money for an old beater that is barely habitable on a smaller lot with no close beach access plus the old school site 100 yards away that has an uncertain future – then add a ‘Notice of Proposed Action’ on file, which probably means that the buyer will be expected to pay for his share of the new $5-million sewer line coming up the alley:

If this is the type of assistance you’d like to get from your realtor, I can help you too – let me know!

author avatar
Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

Pin It on Pinterest