December 31, 2010

Clearance Sale – Newark

Last house of 2010, and is it a STUNNER!  The banks say everything must go, so help economy as you help yourself to these incredible deals!

36570 Bonnie St, Newark, CA 94560
$206,900

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Beds: 3
Baths: 1
Sq. Ft.: 942
$/Sq. Ft.: $220
Lot Size: 6,864 Sq. Ft.
Property Type: Detached Single Family
Stories: 1
View: Neighborhood
Year Built: 1953
Community: Alameda County
County: Alameda
MLS#: 81040455
Source: MLSListings
Status: Active
On Redfin: 136 days

1st time home buyer or investment opportunity. 3 br, 1 bath home with large yard and wide driveway space. Add your style with some updates and a little sweat equity. Convenient to freeways and shopping.

image You’ll have plenty of opportunities to add your style here!  All it needs are some updates and a little sweat equity.  I think the agent is using “little” in the same sense that upper-class women use the term to mean “expensive.”  As in “Muffy, do you think I should wear my ‘little’ necklace to the regatta?”

Associating the house with shopping expeditions by the moneyed class is an excellent marketing strategy, because the house is “convenient to freeways and shopping.”

Convenient to shopping.  Really, really convenient.

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image I’m not sure what amazes me more about this house: that the agent thinks these photos are going to help sell it, or that it’s only being offered for 15% less than its bubble pricing in 2006.  But that’s still more than twice what it sold for in 1990, proving that real estate will always go up in the long run.

It’s just that some places have to run longer than others.

Better make it your New Year’s resolution to elbow your way past the crowds to buy this one, because it’s selling shortly!

Comments (41) -- Posted by: madhaus @ 5:03 am