DC is one of the cities I was not able to do CMA based on square feet (or public data). It varies a lot based on what’s happening downstairs (if there is). And how crowded the streets are, there are some streets so crowded that it is quite a turn off for future tenants too. And also where it is located (view of cemetery / where in west side of skyline blvd).
One thing I know was last year, there are one or two houses that are being sold at 1M & 1.05M where majority were in 825K - 900K range, now that range move up about 100K today and where one or two houses being sold around 1.15M & 1.2M like that 1.17M house, I have no idea why that one sold that much other than I know that it was arrogant Listing Agent.
Clock hasn’t technically started yet so I got time. My buyer is flexible too, so that is why we did what we did and not go to open market. Well, maybe he might still email me but I am not holding my breathe.
94014 side is much less desirable and Ardendale side has a lot of fog.
Daly City has no rent control and people have moved here, and San Bruno and ssf due to the fact of being priced out of SF. The detached factor also helps
i think listing agent original list for 999 then change to 1.1. most likely he’s looking for something around 1.05 ish…
how come no picture on the inside? did you check out the condition?
How much can a remodeled 3/2 unit rent for in the area? I would guess $3500, total will be $7000 for the duplex. If it is sold at $1m, cap rate is not bad.
Yea, you can probably get around $6500 for the whole house. My guess is it is at least 1.1M. If I were seller, why would I accept that fast to my asking price in this market.
This house not easily seperate complete top/bottom, stair to upstairs is from inside.
yes fog, but it also has ocean view. Some blocks in that area is less foggy. skyline drive is one of the busier street and foggier street in that area. It’s right across from an elementary school so parking is a plus.
I think with some work we can make it separately rentable. I see the potential. So the discount for fog is not that much compared to st.francis heights area (close to the freeway 280/eastmoor ave)?