A couple of weeks ago, I wrote about several Oakland properties north of me that have been inching closer in price to the amount I paid for my house two years ago. I lamented that I would have done well to wait out the housing bubble: had I done so, I likely could have scored a larger house in a more valuable neighborhood. One of the properties, 1267 Bates Rd ., was puzzling since it’s price ($529,000) did not seem to match its location (the coveted Trestle Glen). Readers Rbehs and Optionarm pointed out respectively:
I believe Bates is under large powerlines
and
In the street view for Bates, if you angle the view upwards you can see the large powerstructure
Sure enough, checking out the Google street view for the Bates home, you can see a humongous transformer in the backyard. Ahhh…Nothing like Redfin readers to give you the lowdown on real estate. This prompted several other cool readers (hi Art, David, Jackie and Adam!) to discu...
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Oakland Price Reductions: Focus on Crocker HighlandsFrom: blog.redfin.com
Post Date: 2008-03-04 21:28:58
I’m really excited about one of Redfin’s new (relatively) features: mapping with big red lines, cool! Now my searches are much easier, being the visual person that I am. I’m a big fan of my neighbors to the west of the Lake and decided to check out what’s going on in the 94610 zip. The boundaries for Oakland’s 94610 go right around Lake Merritt, sprawl a bit north/west (Adams Point, Westlake) border on Piedmont Ave. (and some of Piedmont...
more Weekly News Round-UpFrom: blog.redfin.com
Post Date: 2008-03-05 08:01:17
Let’s start the morning off with two articles in yesterday’s SF Chron. There was a smallish sidebar mention on page D2 about in-house appraisers, “ Deal Bars Lenders from Using Own Appraisers .” Having worked for an independent real estate appraiser years ago, I never could understand the wisdom of allowing banks to have their own staff of appraisers. What better way to make a house appraise at a price conducive to a loan? A loan they will probably later sell anyway. ...
more Time to Relandscape?From: blog.redfin.com
Post Date: 2008-03-06 08:35:46
I know I’ve been thinking about it. In fact, I gave it so much thought that in December I dug out my folder of magazine and newspaper clippings on landscaping. I keep folders on ideas, furniture, design, and products that I hope to use some day—you know, the hopes and dreams kind of things like a Turbo Chef oven. That day has come for my front yard. You know what they say about curb appeal, and my suburban rancher could use some. My nephew has drawn up plans, which we will be implementi...
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