July 1, 2010

Are You a Visionary Buyer? Then Visualize This!

Any real estate site, including this one, can profile high-end properties.  They’re nice to look at, have plenty of goodies to ogle, and there’s so much to say about them.  But what makes burbed stand apart from other sites is that we’re not afraid to feature houses that could fall over if someone knocked on the front door.  Silicon Valley is amazing.  They may not be making any more land, but there will always be more crapboxes that will run you over half a million dollars.

14301 LORA Dr,  Los Gatos, CA 95032
$600,000

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Beds: 3
Baths: 2
Sq. Ft.: 1,553
$/Sq. Ft.: $386
Lot Size: 7,254 Sq. Ft.
Property Type: Detached Single Family
Stories: 1
Year Built: 1961
Community: Los Gatos/Monte Sereno
County: Santa Clara
MLS#: 81030660
Source: MLSListings
Status: Active
On Redfin: 10 days

Contractor special! Great location by La Rinconada Golf Course. List price reflects condition of home. Home is in poor condition – sold "as is" only. Property has good potential – visionary Buyer can see a diamond in the rough.

Let’s have a good look at this diamond again.  Don’t be fooled by the high-priced Los Gatos address;  this gem has Campbell schools.  Guess that’s part of the “rough” the diamond is in.  Too bad the listing agent only provided one photo, so here’s what the Googlecam found on a very sunny day shooting for shady conditions.

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The agent told the truth about one thing: the landscaping is also “in the rough.”  But take a closer look!  You get extra firewood all around the property line, and maybe if you ask really nicely you can buy the watercraft at in insider’s price.  I hope this isn’t what the listing meant by “RV/Boat parking.”

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And you know if you ask a real estate professional what makes a house Special, they always answer “Location, Location, Location?”  Check it out!

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Sure, it’s close to the golf course, but they left out the part about the condos next door.  And the apartment complex next to the condos.  And why would they omit the ever-popular “convenient to freeway”?  As a visionary Buyer, you’re expected to do all the seeing.

This must be a very patriotic neighborhood, because of the flag lots.  Make your offer before the Fourth of July!

Comments (16) -- Posted by: madhaus @ 5:01 am

16 Responses to “Are You a Visionary Buyer? Then Visualize This!”

  1. nomadic Says:

    I didn’t want your post to be lonely, madhaus. Crapboxes aren’t much fun to mock though.

  2. Petsmart groomer Says:

    Zestimate is $871K. Since we all know Zillow is always either spot on or underestimating value, that’s a lot of instant equity!

  3. Petsmart groomer Says:

    May pending home sales tumble without tax credits.

    Dow going down, home sales going down, Alex going down, everything is going down!

  4. SEA Says:

    How many Apple feminine hygiene products must one sell to buy this POS?

    How cheap would this particular place need to be to make it cheaper to buy versus rent? Oh, that’s right, it’s always cheaper to buy, no matter the purchase price or condition of the home. Thanks for the reminder.

    Is that some sort of fancy flag pole in the front yard?

  5. SEA Says:

    Petsmart groomer- Home sales down? Dow down?

    Now is definitely the time to buy! If you wait, you’ll be priced out forever! Can you think of a better time to buy?

    lol

  6. Petsmart groomer Says:

    > Is that some sort of fancy flag pole in the front yard?

    It’s an antenna, you can see it on street view.

  7. Petsmart groomer Says:

    > Can you think of a better time to buy?

    With interest rates also down, I cannot think of a better time to buy.

  8. SEA Says:

    This place comes with two terrestrial antennae? One in the front yard?

    It’s not every day one finds quality like this!

  9. madhaus Says:

    I bet the antennae are “as is” too.

  10. SEA Says:

    “Property has good potential – visionary Buyer can see a diamond in the rough.”

    I so often am left to wonder why the current owner doesn’t see the same potential as some ‘visionary Buyer.’ The current owner must have vision problems.

    Why, if this is such an opportunity, why doesn’t the current owner lap up this fine potential. Beyond vision, what does the ‘visionary Buyer’ have that the owner does not?

  11. Gallileo Says:

    SEA@10

    The current owner hopes a visionary buyer will have money–piles and piles of money–which the owner clearly does not.

    Or maybe he just likes boats.

  12. SEA Says:

    What’s that they say about a fool and his boats?

  13. BK Says:

    Man this house is probably over priced as it is. If it was 450-500k I bet it would be worth it as a flipper.

    I’m guessing someone will probably flip this house poorly anyway and ask 750. They’ll probably get stuck with it.

    BURBED RULES!

  14. nomadic Says:

    Doesn’t BOAT stand for Bust Out Another Thousand?

  15. madhaus Says:

    Beats Owning A Townhouse.

  16. Florentine? Isn’t that a Restaurant on De Anza? | Burbed.com Says:

    [...] in the gift shop.  And they called the house an “architectural jewel” too!  Remember the diamond in the rough a couple of weeks ago?  What does that make this place, the Hope on the putting [...]


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