Our new listing in Rancho Penasquitos!

Are you looking for a quiet and private culdesac home with white kitchen and new master bath? This 4br/3ba, 2,394sf house is 900ft above sea level and gets gentle breezes daily! Open floor plan, 3 full bathrooms, low-maintenance yard, central air conditioning and whole-house fans. The house and yard are great…..but wait until you see the dazzling new master bath! Great curb appeal too – with putting green in front yard! Terrific schools, centrally located, friendly feeling. Owned solar too!

13973 Mennonite Point, San Diego, CA 92129

4 br/3 ba, 2,394sf

5,210sf lot

Built in 1987

No HOA or Mello-Roos

$869,000……$899,000 – SOLD FOR $912,000!

Our original list price was $869,000, which was purposely aggressive because we wanted to ensure a sale on the first weekend so the seller could exercise their desire to buy their next home, which they had in escrow (contingent upon this one selling).

After a quick $3,200 staging installation and professional photography, I inputted the listing onto the MLS on Saturday morning at 8:30am.  At noon I began my open house, and had over 100 people tour the home in person – instant results within hours!

I did another three-hour open house on Sunday, and the offers started flowing in. We had a handful of other showing requests for Monday, so we agreed that we should raise the price. Normally I never raise the price – this is probably my first time ever.  But in a conservative marketplace, I thought it might help those buyers who were struggling with the thought of paying A LOT over list price.

After some expert price coaching by Donna and I with the buyer-agents, we ended up with 12 offers and six were over $900,000!

We represented the sellers – and they are very happy!

It proves that you can’t under-price a home if you put it on the open market and have experienced agents work the bidding war correctly.

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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!

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