May 1, 2012

There is nothing wrong with any house that price cannot fix

Remember the above and remember it well if you are trying to buy or sell a house.  Here’s an example from Los Gatos from Burbed reader nomadic!  Thanks very much.

Remember, if you have a listing that you think belongs on the front page, please send it in to one of our emails on the right hand column.  “Bunus” points if you let us know why you’re sharing it.

104 HARWOOD Ct
Los Gatos, CA 95032
$2,099,000

120429-harwood-redfin

BEDS: 4
BATHS: 4
SQ. FT.: 4,146
$/SQ. FT.: $506
HOA DUES: $23/month
LOT SIZE: 1.01 Acres
PROPERTY TYPE: Detached Single Family
STYLE: Tudor
STORIES: 2
VIEW: City Lights
YEAR BUILT: 1981
COMMUNITY: Los Gatos/Monte Sereno
COUNTY: Santa Clara
MLS#: 81146396
SOURCE: MLSListings
STATUS: Pending Without Release
ON REDFIN: 177 days

JUST REDUCED PRICE by $400k!Enjoy striking 180 degree views from this hilltop Tudor mansion. Formal dining room has sculptured ceilings, soffet, hrdwd floors. Kitchen open & bright w/ walnut plank wood floors. Freshly painted interior. Approx. 350sft studio (could be additional 2 car garage)Backyard has wrap around deck, built in spa, garden, landscaped w/ many fruit trees. Top Union Schl

120429-harwood-deckHere’s what nomadic had to say when sending in this 834-square-feet-too-small-to-merit-the-ginormous-tag tumor.

Check out the last 3 pictures in this listing (#23-25).

“Agent related to Seller” – $400k price reduction, kitchen and baths need to be gutted, and HDR at its worst.  Nice combo. 

I 120429-harwood-citylightswas actually looking at this house because I thought it was a REO, but I guess it isn’t.  And this definitely isn’t the RBA!  Twenty years later they’re trying to eke out a price double.  You won’t have to worry about this house going pending before you feature it.

Au contraire mon frère! It indeed went pending before we featured it! The market is hot, I tell you, hot, hot, hot!

120429-harwood-the-hdr-it-hurts

But OMG look at that HDR.

In case you don’t know what HDR is, have a look at this recent article where we covered the joy of High Dynamic Range as used in real estate photography.    And it’s no coincidence whatsoever that that example of what not to do with HDR is also in Los Gatos.

In particular, look for the odd glow whenever sky meets, well, anything else.  See how the tree on the left is emitting some serious Cherenkov radiation?  Maybe those Los Gatos Mountains have an actinium mine below.  Or maybe whoever bought this house, before moving in, needs to do a radon test.

120429-harwood-kitchen

At right is another egregious example of bad HDR in the listing photos.  Look at the windows.  Notice the dark ovals in the middle?  That’s what’s actually outside.  The HDR process created the lighter artifacts around the inside of the window frames.

Holy crap, when was that kitchen last done?  It’s got tiled countertops.  Better get some glittery hair gel to go with.

Now check out the bathroom.

120429-harwood-bathroom

Does something here look kind of familiar?

Can’t quite put a finger on it, but this bathroom photo is producing some serious déjà vu.  Or maybe in this case, déjà vomutu.

Bunus: HOA fees!

What do you predict this house finally sold for after half a year?  And how much overbidding was involved after all the price reductions finally fixed this house?

Comments (6) -- Posted by: madhaus @ 5:08 am

6 Responses to “There is nothing wrong with any house that price cannot fix”

  1. SiO2 Says:

    Extra bonus!
    There’s a footpath from this house to Steve Wozniaks old house on Santa Rosa Drive. You can see it on Google Maps as a grey line.

  2. Alex Says:

    Holy sh*t.

    HDR gone bezerk.

  3. gallileo Says:

    Of course there is nothing wrong with any house that price cannot fix–as long as you include negative prices into the mix.

  4. Mole Man Says:

    HDR on overload! Run!

  5. AstroWallaby Says:

    Just once I’d love it if someone were to visit an open house on an HDR disaster like this and discover that it actually looks like the pictures to the naked eye.

    (Granted, for that to happen something would probably have to go terribly wrong at the LHC and the Earth would dissolve into a puddle of strange quarks slightly after the eyewitness account is posted on the site, but… totally worth it.)

  6. nomadic Says:

    Sold for $1.9M! But check this out:

    May 31, 2012… Sold (Public Records)… $1,000,000
    May 31, 2012… Sold (MLS) (Sold)…$1,900,000

    Was this some sort of property tax dodge or a 1031 exchange?


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