A Couple More Widget Comps
A couple more properties that have received the widget treatment on Brownstoner have sold and both sales prices, not surprisingly, are well in excess of the widget average. As we know by know the widget average, almost by definition, underprices the ultimate sales price since all it takes is one buyer, not a consensus, to…
A couple more properties that have received the widget treatment on Brownstoner have sold and both sales prices, not surprisingly, are well in excess of the widget average. As we know by know the widget average, almost by definition, underprices the ultimate sales price since all it takes is one buyer, not a consensus, to get a deal done. In the case of Apartment #2 at 56 Garden Place, the widget predicted $645,093 and the two-bedroom ended up selling for $750,000; this difference of 14% is about what we’ve come to expect ye olde widget. Over at Apartment 5E at 125 Eastern Parkway, the widget came in at $314,911, or only 9% less than the actual selling price of $345,000. Surprised by either of these?
Co-op of the Day: 56 Garden Place, #2 [Brownstoner]
56 Garden Place, #2 [Brown Harris Stevens] GMAP P*Shark
Co-op of the Day: 125 Eastern Parkway, #5E [Brownstoner]
125 Eastern Parkway, #5E [Corcoran] GMAP P*Shark
Minard? Last Exit? Next Thursday? Atlantic (Henry-Clinton)? C’mon! First round is apparently on me. It’s chicken’s bon voyage party.
I don’t guess at prices because I only know what I’d be prepared to pay for a given place & my estimates would be low most of the time & way too high on the ones I like. I did the same thing when buying in the early 80s – met the ask several times only to be out-bid until I snagged one I like still.
I have nothing agaisnt 11217 in fact I have known several people with similar obsessive/compulsive disorders. It usually starts to fade a bit as they pass their teen years with the right counseling. He is probably a nice person but unfortunately a most unpleasant, self-righteous, and repetitive poster.
You folks crack me up.
Nomi, Minard, please come to Last Exit on Atlantic next Thursday and join us for drinks. I think you both live nearby.
And, 11217, what can I say? You know I hope you’ll join us for drinks one of these days. As always happens, if you and Minard meet in person, you’ll probably like each other.
OK, my work here is done. Hope my posts haven’t offended you too much, shillstoner.
“Brownstoner, here is an idea: Why don’t you ban all posts from people who have posted every day for the past 3 months. That way the posts would not all be the exact same petty, stupid crap every f-ing day and someone new might actually try to post something.”
A. By all means, shillstoner, and Mr. B should start with you.
2. How is the “usual suspects” posting every day preventing someone new from posting??? I never understand this lame argument. Truth be told, it was reading the regulars day in and day out that got me posting more than sporadically.
Minard,
Stalking you? Quite the contrary..I actually want nothing to do with you.
In looking through your comments, you made 2 personal attacks to me just last week.
1. You said you hoped I don’t work in a place with other people and
2. You called me “childish”
And here you are calling for people who make personal attacks to be banned and you don’t even realize what a total hypocrite you are.
I did not personally attack you for saying you underestimated the price of this apartment. Please explain how that is personal. Or don’t, rather. I have no interest in trying to have a conversation with someone who doesn’t even remember last week.
“you can still say (almost) any bulls*&t that comes to mind”
Unless of course you email one of your friends and make them say it for you!
😉
“The OT is a cult, isn’t it. You’ll deny that, of course, which I will take as confirmation that I am right.”
No, Nomi, you’re absolutely right. Haven’t you always wanted to be in a cult? C’mon now. It’s just over there >>>>>
The widget price is ALWAYS going to be lower because people vary rarely guess that a property will go at the asking price, and only a few people consistently guess above the asking price. The issue, therefore, is HOW MUCH lower the widget will be, not IF the widget price is lower.