Jumat, 29 Februari 2008

Forget all about $400/sq.ft. -- those days are over.

So, remember a few weeks back when I was telling you that you had to price your house in the low $400/sq.ft. range if you hoped to sell? Well, you can forget all about that. Indeed, you've barely got a snowball's chance in hell of getting into the mid-300's per square foot these days. There are just too many REO's priced in the mid $200/sq.ft. range. And before you start with the whole "not in my neighborhood" and "that house is a dive" -- zip it. The houses I'm talking about are South of the Boulevard. As in: George Clooney and Brittney Spears both live in this neighborhood.

3191 LAUREL CANYON BOULEVARD, Studio City, CA 91604
MLS #: F1755087



Bedrooms: 3
Baths: 3
Square Feet: 2,842
Lot Size: 15,680 Sq. Ft.
Year Built: 1965
Listing Date: 02/20/08
List Price $745k
Last Sale: 02/27/07
Sales Price: $1,250,000

Per Sq. Ft.:
Based on List Price: $262
Based on Zestimate™: $480
Based on Cyberhomes estimate: $475
Sold Homes: $510


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