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  1. #13701
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    Feb 2013
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    Quote Originally Posted by Ted Striker View Post
    Yeah, it's a crapshoot in that neighborhood. A friend used to live on Morey Ave (just above and to the north of that listing, about a few houses off campus) and it was surprisingly quiet, but another friend lived on High St and it was a 24/7 gong show.
    I was over on Myrtle for a year and honestly didn't venture south much but figured the likelyhood was high.

  2. #13702
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    Sep 2019
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    ten percent over asking escalation on a home we just bid on....JFC these oil tycoons need to just stay outta Malibu if you are asking me.

  3. #13703
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    Sep 2011
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    Vermont
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    Good article on the ongoing assessment in BTV. https://www.sevendaysvt.com/vermont/...t?oid=32909386. We live between the trailer park and Starr Farm Beach talked about in the article. Our neighborhood did ok compared to other parts of the city, old north end got hammered which is a shame. Of course the Mayors house didnít go up anywhere near the average.

    We had what I think was a successful appeal of our appraisal. The house is a story and a half cape and as I dug into the numbers I found they included uninhabitable space under the eaves. Their total sf was about 300 more than what I expected and it only took me a few minutes to find the area. Pulled up the set of plans, flagged where the disputed areas were, and sent photos. 15 minute zoom yesterday where we spent a few minutes explaining the issue and walking him through the photos. Spent the rest of the time talking mountains, heís a Colorado guy stuck in Dayton for work. At the end he told us heís going to tell the team to correct the sf. Itíll be interesting to see the final number. The 300 sf is 15% so it should be substantial.

  4. #13704
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    Mar 2006
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    Beaverton, OR
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    717
    Quote Originally Posted by Danno View Post
    hard to tell what happened, but it seems like it was either scraped and built or remodeled like crazy. So it surely is worth more than a "normal" 10 year appreciation, but that's still a nice haul if they can get it.
    Last sale was the bottom of the housing bust so that was probably a desperation price?

    $4.7M makes no sense when Fairhaven oceanfront are bigger and half that price.

  5. #13705
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    Aug 2020
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    Quote Originally Posted by Choss Jonger, Sr. View Post
    ten percent over asking escalation on a home we just bid on....JFC these oil tycoons need to just stay outta Malibu if you are asking me.
    Somebody outbid us on a 2 bed 1 bath by over $100,000 in PDX recently. Crazy people.

  6. #13706
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    Feb 2008
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    Quote Originally Posted by sirbumpsalot View Post
    Last sale was the bottom of the housing bust so that was probably a desperation price?

    $4.7M makes no sense when Fairhaven oceanfront are bigger and half that price.
    Yeah, even in this market, that price makes no sense to me, especially for a lot that size. The stonework is awesome, but not so awesome that it justifies that price. You could spend half that even somewhere more expensive like Seattle and get a palace.

  7. #13707
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    Oct 2008
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    Colorado
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    Quote Originally Posted by Choss Jonger, Sr. View Post
    ten percent over asking escalation on a home we just bid on....JFC these oil tycoons need to just stay outta Malibu if you are asking me.
    Defacto min on nice stuff around here last few weeks.


    Sent from my iPhone using TGR Forums
    Quote Originally Posted by Benny Profane View Post
    Keystone is fucking lame. But, deadly.

  8. #13708
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    Nov 2005
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    Making the Bowl Great Again
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    13,243
    Quote Originally Posted by Ted Striker View Post
    I doubt they can.
    But it has copper gutters!

  9. #13709
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    Sep 2006
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    Quote Originally Posted by Choss Jonger, Sr. View Post
    ten percent over asking escalation on a home we just bid on....JFC these oil tycoons need to just stay outta Malibu if you are asking me.
    You sure it wasn't Bill Gates adding to his RE portfolio. Maybe a nice swinging pad for his new bachelor lifestyle.
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  10. #13710
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    Mar 2008
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    Quote Originally Posted by sirbumpsalot View Post
    $4.7M makes no sense when Fairhaven oceanfront are bigger and half that price.
    Yeah, no way that house is even worth half that price. Plus, a lot of the views on South Hill are slowly disappearing due to trees that can't or won't be cut down or even trimmed. And as you and JohnB know, it's a nice hood, but peppered with college kid rentals.

    The newer nice view homes are all up on the hill above Samish now. I walked through this one at the agents only open right after it was completed, and even in this market, I don't think it's worth 4 mil. And aside from having to drive everywhere, it's way better.

    https://www.zillow.com/homedetails/4...19194653_zpid/

  11. #13711
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    Mar 2006
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    Beaverton, OR
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    717
    Quote Originally Posted by Ted Striker View Post
    Yeah, no way that house is even worth half that price. Plus, a lot of the views on South Hill are slowly disappearing due to trees that can't or won't be cut down or even trimmed. And as you and JohnB know, it's a nice hood, but peppered with college kid rentals.

    The newer nice view homes are all up on the hill above Samish now. I walked through this one at the agents only open right after it was completed, and even in this market, I don't think it's worth 4 mil. And aside from having to drive everywhere, it's way better.

    https://www.zillow.com/homedetails/4...19194653_zpid/
    Sweet house....thanks for the share. I eye-balled Samish Way area on zillow for a while, but have never driven up there and was unaware of those big lots back there. Will have to keep my eyes open for a "used" house up there! But for that Money I'd prefer fairhaven with a remodel.

  12. #13712
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    Feb 2008
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    Quote Originally Posted by Ted Striker View Post
    The newer nice view homes are all up on the hill above Samish now. I walked through this one at the agents only open right after it was completed, and even in this market, I don't think it's worth 4 mil. And aside from having to drive everywhere, it's way better.

    https://www.zillow.com/homedetails/4...19194653_zpid/
    Great interiors, but asymmetrical gables=hard pass from me. (I realize that's basically the RE equivalent of some basement dweller saying he wouldn't hook up with Jennifer Aniston because she looks like a horse.)
    Last edited by dan_pdx; 05-06-2021 at 10:54 AM.

  13. #13713
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    Mar 2006
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    Quote Originally Posted by altasnob View Post
    Thatís not well known but the shore is a beautiful enclave in Richmond.

  14. #13714
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    Quote Originally Posted by sirbumpsalot View Post
    Sweet house....thanks for the share. I eye-balled Samish Way area on zillow for a while, but have never driven up there and was unaware of those big lots back there. Will have to keep my eyes open for a "used" house up there! But for that Money I'd prefer fairhaven with a remodel.
    They're all new (ish) because there didn't used to be any roads above 40th. As far as I know there's still developable land up there as well, but I don't know that the views would be.

    Aside from not being able to afford to live up there, it's not for me either. Too much driving.

    Quote Originally Posted by dan_pdx View Post
    Great interiors, but asymmetrical gables=hard pass from me. That's basically the RE equivalent of some basement dweller saying he wouldn't hook up with Jennifer Aniston because she looks like a horse.
    I've walked through a lot of those houses, and they're hit/miss architecturally because many of them were built on spec. Some of the floor plans are strange too, in an attempt to get a view from every window.

  15. #13715
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    Mar 2006
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    Beaverton, OR
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    Quote Originally Posted by Ted Striker View Post
    Aside from not being able to afford to live up there, it's not for me either. Too much driving.
    What is the freeway noise up there? I gotta imagine there is a constant drone.

  16. #13716
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    IIRC it wasn't too bad, but that was a few years ago now. It's a little more than a half mile east of the freeway, and 600 feet higher.

  17. #13717
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    Mar 2013
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    159
    I can't imagine there's much freeway noise up there. I have a buddy who lives below that (near Padden off of Governor) and I've never noticed anything.

    While I love those views, give me a decent little house in the Lettered Streets and let me ride my bike a few minutes to go catch sunset on the bay.

  18. #13718
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    100%

  19. #13719
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    Aug 2018
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    576
    The dentist in my neighborhood has an offer on his house he listed for $800 something. He had it on the market for several months last year for $600 something.

    The home value tracker crap a local agent keeps sending me says my house is now $400k which Is way overvalued for its size. My agent cousin said if the offers she writes arenít well over asking, covering all closing fees, and contingent-free they are not getting accepted.

    The bubble grows.
    "Let's be careful out there."

  20. #13720
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    Aug 2007
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    15,347
    Jeezuz, that's nutz^^^^
    Quote Originally Posted by leroy jenkins View Post
    I think you'd have an easier time understanding people if you remembered that 80% of them are fucking morons.
    That is why I like dogs, more than most people.

  21. #13721
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    Oct 2003
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    The Shed of Incorruptible Veracity
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    8,146
    Quote Originally Posted by Hood26 View Post
    The dentist in my neighborhood has an offer on his house he listed for $800 something. He had it on the market for several months last year for $600 something.

    The home value tracker crap a local agent keeps sending me says my house is now $400k which Is way overvalued for its size. My agent cousin said if the offers she writes aren’t well over asking, covering all closing fees, and contingent-free they are not getting accepted.

    The bubble grows.

    Prices here are high, and homes are moving briskly (many spend less than 2 weeks on the market before they're under contract), but beyond that, none of the other craziness you mentioned is happening in this area.

    I don't see many indicators that this is a bubble around here. Egregiously overpriced places still sit on the market until the price drops or a sucker comes along, and places that are desirable are commanding top dollar, but not 10-20% over asking, more like 97-100% of list.

  22. #13722
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    Aug 2018
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    576
    Quote Originally Posted by glademaster View Post
    Prices here are high, and homes are moving briskly (many spend less than 2 weeks on the market before they're under contract), but beyond that, none of the other craziness you mentioned is happening in this area.

    I don't see many indicators that this is a bubble around here. Egregiously overpriced places still sit on the market until the price drops or a sucker comes along, and places that are desirable are commanding top dollar, but not 10-20% over asking, more like 97-100% of list.
    Could be a boom for sure. A lot of folks are bullish and believe that it isnít a bubble. Maybe it is an overall boom with smaller more regional bubbles? Maybe it is the bigger shifts in demographics and demand will remain high? If thatís the case I hope the new buyers are (as many predict) are bringing their jobs and income with them, because even dentistry in my town hasnít historically been able to afford homes pushing the $1mill envelope.
    "Let's be careful out there."

  23. #13723
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    Oct 2008
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    Wenatchee
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    9,206
    Quote Originally Posted by 4matic View Post
    Thatís not well known but the shore is a beautiful enclave in Richmond.
    Point Richmond is a cool area. Very good access to Marin and Point Reyes.


    Sent from my iPhone using TGR Forums

  24. #13724
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    Aug 2006
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    6,908
    Neighbor is building a guest house. GC'ing himself. Got bids in December for everything. Every sub is now coming to him and saying the price is 50% more or they can't do it anymore.

    He told me he is saying yes regardless. His 800ish sq ft guesthouse is going to cost well over my mortgage. Craziness continues.
    Live Free or Die

  25. #13725
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    Sep 2010
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    Tejas
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    7,788
    Quote Originally Posted by AdironRider View Post
    Neighbor is building a guest house. GC'ing himself. Got bids in December for everything. Every sub is now coming to him and saying the price is 50% more or they can't do it anymore.

    He told me he is saying yes regardless. His 800ish sq ft guesthouse is going to cost well over my mortgage. Craziness continues.
    What sucks even more is that a huge part of that is simply due to skyrocketing material costs. I do damn near everything myself so even with zero labor costs, construction costs are getting stupid. Was trying to replace a window and back door. Have NOT been able to get a new window for the life of me as everything's super back ordered, and so I thought I'd be all slick and just knock out the whole area and put in some French doors. Well, now that costs on everything's gone up those have pushed beyond what I can afford, and so it was back to the drawing board. Skipped replacing the window for now and put in the cheapest exterior door I could find just to do the trick for now. Old door was rotted out completely and falling off the hinges so couldn't put it off any longer. The door I bought was like $150 last year. Now it was about $300 and I was only able to find like one in town. And it's a POS. Sunnuva!!!

    So yeah. Even if GC'ing yourself or doing the work your freaking self, building SUCKS right now. I'm holding off on everything else til things calm down. Wife and I have even considered selling everything and moving to some family land and building our own little ideal cheap home. I said absolutely not until construction costs come back down to earth and contractors (and materials) aren't backed up for ages, so we're sitting tight. So yeah, we're gonna be sitting tight for a while. I feel like a LOT of people are.

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