I lost my last bid for a home in the same neighborhood last month. I bid 75k over Redfin estimate but wasn’t enough. What’s a good offer for this home? https://www.redfin.com/CA/Newark/38044-Salty-Cove-Rd-94560/home/168814855?600390594=copy_variant&231528114=control&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet #housing #mortgage #investment
10% above what the previous house sold would be the starting bids.
To me, these townhouse style SFH makes little sense to have such a high premium like a real SFH. It does not have a lot, barely enough distance between homes to qualify as SFH and has 2 floors, has HOA. Might as well get a townhome for lesser price. If you can afford it get a real SFH.
Have you guys lost it? $1.7M for a townhome with 445 school district?!
I just put 1.7m because I think it's funny
1.15M
People be complaining about how they wouldn’t put more than $X for this bad home 🤣 This is like complaining to apple that I wouldn’t pay more than 100$ for your iphone mini. Nobody gives a flying fuck if you won’t pay for it. This is the market and unfortunately you are in it or out. As for OP, this is bayshore and their larger SFH sold like hot cake and went pending within a week. Those were 2800 sqft homes and closed above > $2M. I would say 1.7 to 1.8m to take this off of market.
Appreciate it!
I wouldn’t pay more than 300 grand for that home.
Leaning tower of Newark. Pay 300 and open it up for tourism.
Doesn’t make sense to pay anything over 1.5