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Easier to Go Up Than Down On Price

This is a repeat of the 2br house featured on my tour a few weeks ago, with the resulting sales price.

The agent admitted they priced this 2br house low on purpose to attract a crowd, and it worked. The list price was $699,000, and it sold for $1,100,000 cash. Meanwhile, the two other listings around the corner priced at $1,149,000 and $1,200,000 are still unsold.

Sellers are resistant to price attractively, but look how well it works when you Get Good Help!

Sold for 57% above list!

https://www.compass.com/listing/2725-glasgow-drive-carlsbad-ca-92010/842339809239950025/

Culver-Myers-Capp House

Here is my video tour of the oldest home in Carlsbad.  The owners prefer if the buyer preserves the house, and it is only right – it is the only thing like it in town.

Hopefully the large 1.27-acre lot will enable the new owners to develop the remaining land to fulfill their investment, or just create the ultimate family compound!

Special thanks to Compass listing agent Gina Vreeberg for allowing me to publish this video tour of the oldest house in Carlsbad! @ginavreesellsre

https://www.compass.com/listing/3140-highland-drive-carlsbad-ca-92008/748996408467865465/

Ocean St

This oceanfront 2br/3.5 ba, 2,823sf upper unit in Carlsbad just closed for $4,925,000 cash, which was $75,000 under list.  MT was 12 days.  Unlike on Neptune in Leucadia, all of the oceanfront homes on this street have direct beach access.

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