One of the main reasons to set up shop at the La Costa Resort is to help support our efforts in the area.
When my current listing on Segovia came on the market, we were the only house for sale in the area.
But since then, TEN other similar – older one-story – homes have hit the market nearby:
We had listed for $888,000, and with a uniquely large backyard, we thought we had a shot at attracting a buyer who had a vision.
But now that we’re vying with eight others for the next buyer, we had to adjust on price. The house on Cima came on at $899,000, but lowered quickly and found a buyer on Monday – so we did the same thing, and lowered to $859,000.
The number of views has been incredible – there is no shortage of lookers:
Note that there are twice as many views on Zillow as there are on the MLS!
The auto-valuations are close too, so it shouldn’t be long now:
When a flood happens, adjust early and often, because you don’t want to get left behind.
Definitely a “Why you should list with Jim” anecdote. I would definitely consider Segovia if I were looking for a million dollar house. $859k to buy and $250k to polish to my tastes with the result worth well north of $1.2m when finished. A blank slate and a rich palate. Bring your vision.
I still hate online valuations. My primary residence is “flat” since Jan 2016 having gone higher and lower a half dozen times with a range of ~15%. Silly.
Yep, and if you include a legal granny flat in the $250,000 invested you would still have a big yard and a very happy grandma or $2000 per month in rent!
That’s right. I forgot about granny flats. Cut a hole in the back fence and rent to a school teacher.