Open House Picks: The Morning After
Did anyone visit any of the Open House Picks this weekend? Any other highlights or low points from the open house circuit? Open House Picks 6/13/08 [Brownstoner]

Did anyone visit any of the Open House Picks this weekend? Any other highlights or low points from the open house circuit?
Open House Picks 6/13/08 [Brownstoner]
did anyone make an all-cash offer on 215 Prospect Place? Wonder if that will affect the bids.
“What does ‘Estate Condition’ mean?
and in the case of 215 pp – what did it mean?”
It means it was in worse condition than everyone is saying 20 sterling is in.
Yes, I put an offer in on 215 PP. I offered $1.5 and there were numerous offers in over mine, oh well.
Still looking is anyone else has any leads…
Corcoran doesn’t mark a property “Under Contract” on its website until the buyer signs. It makes for great sales pressure “I got THREE calls today from the website–others are definitely interested. When are you going to sign the contract?”
I would be cautious about this area with AY coming/maybe not coming.
Saw Sterling place – person who estimated it needs 200K of work is absurdly underestimating. Exterioe fixes alone could easily run 100K, not to mention electric/plumbing will likely need to be redone, woodwork throughout needs work, kitchen/baths need redoing, floors are trashed, the place smells, etc. 400K is probably the least you’ll have to spend, but not sure you’ll ever get that bad smell out (mold, smoke) and not sure why it’s so dark…
re: 1220 8th- I think 1.995 is a ridiculous price. I saw it and here’s what’s wrong:
1) it’s a dollhouse (16 x 40, 3 floors)
2) no old charm left
3) short lot/tiny garden
4) big problem: 2 parking lots just behind garden which you can be sure will be developed some day – so you’ll be living near construction and then have no light
5) houses that size around there sell for far, far less – even the same broker has a house same size on same block for 600K+ less. Yes, I know the renovation is different, but the other house is in very sound shape, so it would not take 600K to change.
That house is at least 300K overpriced!
Anyone else see 1220 8th? I’m surprised it hasn’t appeared on this site yet. I went as well, and it is a great reno, though maybe a little minimalist (the parlor floor is essentially a white, open space now, with very little character or charm left).
Any thoughts on the 1.995 asking price? Seems pretty ambitious to me, but who knows, the house is in near perfect condition, and a professional range, central AC, and house-wide audio system might go a long way with some buyers…
What does ‘Estate Condition’ mean?
and in the case of 215 pp – what did it mean?
1:03 is right. You can’t trust a broker that will tell you what someone bid for a house. So, anyone want to say what they offered?