U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > California > San Francisco - Oakland
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
View Poll Results: How would you rate the $1.998 Million Asking Price for this House?
Overpriced 6 46.15%
Fair 3 23.08%
Underpriced 4 30.77%
Voters: 13. You may not vote on this poll

Reply Start New Thread
 
Old 04-16-2021, 09:09 PM
 
Location: Piedmont, CA
35,996 posts, read 63,776,145 times
Reputation: 20095

Advertisements

I promise I'm not going to make a bunch of threads in this vein, I just thought this house contrasts so much from the house in West Oakland I created a thread about earlier, that I want to know what others think. $1.998M for an acre in the Southeastern Hills seems like a really good price imo. In fact, for that much land it seems underpriced. Is there something I dont know?

https://www.estately.com/listings/in...lf-links-rd--2
Rate this post positively Reply With Quote Quick reply to this message

 
Old 04-16-2021, 09:36 PM
 
Location: San Francisco Bay Area
21,099 posts, read 21,092,395 times
Reputation: 21028
I believe it’s underpriced. The seller may have deliberately underpriced the property to get potential buyers to bid against each other.

Notice the psychological pricing techniques being used - 1.998 million, it’s really 2 million...
Rate this post positively Reply With Quote Quick reply to this message
 
Old 04-17-2021, 02:00 AM
 
5,096 posts, read 3,869,473 times
Reputation: 2347
In comparison to what?
Washington, Oregon, Idaho, Montana, Wyoming, Texas??
Rate this post positively Reply With Quote Quick reply to this message
 
Old 04-17-2021, 11:54 AM
 
Location: Richmond, CA
1,345 posts, read 1,247,449 times
Reputation: 2281
Tough call, but I went with fair on this one. $2 million for a large house in the East Bay Hills sounds about right, although I don't consider this stretch of Oakland quite as desirable as something closer to Montclair or Rockridge.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 04-17-2021, 01:32 PM
 
Location: Salt Lake City
888 posts, read 385,729 times
Reputation: 616
It's a nice house itself, but it's kinda far from amenities.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 04-17-2021, 03:42 PM
 
5,096 posts, read 3,869,473 times
Reputation: 2347
Quote:
Originally Posted by General I80 View Post
It's a nice house itself, but it's kinda far from amenities.
That's the idea.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 04-17-2021, 09:26 PM
 
3,123 posts, read 5,847,769 times
Reputation: 4558
There are few recent comparable comps. This smaller home sold for 1.78M in March.

https://www.realtor.com/realestatean...5_M16054-09851

The google street view is not inspiring for a 2M home.

https://goo.gl/maps/RNL5JujjMJSSoV577

It was also listed previously in Nov 2020 for $2.79M

https://www.corcoran.com/northern-ca...94605/53242834

Its not in a neighborhood of comparable huge homes. The homes around it are just over 2,000 sq. ft.

https://www.realtor.com/realestatean...5_M16974-93995

This one looks much bigger on street view.

https://www.zillow.com/homedetails/1...24808875_zpid/

https://www.estately.com/listings/in...olf-links-road

Its probably fairly valued but for the same price how many people would prefer this smaller home.

https://www.zillow.com/homedetails/5...4813269_zpid/?
Rate this post positively Reply With Quote Quick reply to this message
 
Old 04-18-2021, 12:04 PM
 
Location: State of Transition
98,577 posts, read 97,019,930 times
Reputation: 109902
Quote:
Originally Posted by 18Montclair View Post
I promise I'm not going to make a bunch of threads in this vein, I just thought this house contrasts so much from the house in West Oakland I created a thread about earlier, that I want to know what others think. $1.998M for an acre in the Southeastern Hills seems like a really good price imo. In fact, for that much land it seems underpriced. Is there something I dont know?

https://www.estately.com/listings/in...lf-links-rd--2
Well, it's ugly, for one thing. And it's priced to sell. The seller apparently doesn't want to waste any time.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 04-18-2021, 12:08 PM
 
Location: State of Transition
98,577 posts, read 97,019,930 times
Reputation: 109902
Quote:
Originally Posted by davdaven View Post
Tough call, but I went with fair on this one. $2 million for a large house in the East Bay Hills sounds about right, although I don't consider this stretch of Oakland quite as desirable as something closer to Montclair or Rockridge.
Large homes in the Berkeley hills, including those bordering on Oakland, are going for a lot more than that, when they have 5+ bedrooms. Most are of the "old world charm" type, though: mediterranean or Craftsman, Maybeck, and such. This one looks like cheap construction. It looks like it would fold in an earthquake.


P.S. OP, I think these threads are fun. Kind of like a game of "The Price Is Right".

Last edited by Ruth4Truth; 04-18-2021 at 01:12 PM..
Rate this post positively Reply With Quote Quick reply to this message
 
Old 04-18-2021, 12:36 PM
 
Location: South Park, San Diego
6,086 posts, read 10,023,998 times
Reputation: 12336
Quote:
Originally Posted by Ruth4Truth View Post
Well, it's ugly, for one thing. And it's priced to sell. The seller apparently doesn't want to waste any time.
Looks like a run-of-the-mill Florida McMansion with the comically over-scaled and flimsily supported portico entry and plethora tall skinny arch-topped windows
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > California > San Francisco - Oakland

All times are GMT -6.

© 2005-2023, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top