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
“Nope, the crowd on brownstoner are too miserable to say that.”
11217, you’re generalizing. We aren’t all miserable y’know.
😉
11217: you are practically stalking me. Please stop it. thank you.
I never said I was an expert on real estate appraisal. I do think prices are unrealistically high throughout Brooklyn but I am certainly not the only person who thinks that on this site.
The Brooklyn Heights market is very strong though and the Garden Place apartment does have a beautiful deck. There is a lot of big money on that block so its not that surprising that people are willing to pay a premium to live there. I have always said location beats all.
You really think the 8k housing credit is the full extent of what your government has done to avoid price discovery in housing? Oy. Dave, an angry and unelaborated “screw you” is an acknowledgment you’ve lost an argument –so thanks.
Oh, what would Brownstoner be without fisticuffs? 🙂
There you go.
i take off sat and sun
And I apologize, Minard that me saying you weren’t going to win the fake brownstoner widget prize was considered a personal attack to you.
You really are a delicate flower aren’t you.
11217, I was not commenting on the quality or content of the thread, I was commenting on the quality and content of the comments and the fact that the same people say the same thing day in and day out–except for Nomi, who consistently blows me away with the depth of her insights.
Haven’t you already said that 10 times before, Minard?