Just an FYI. The market for a non-upgraded home backing to a feeder street and a well upgraded canyon view home are two different markets. One is for someone willing to settle on a below average property just to get in a neighborhood. The other is someone who can afford the best and demands the best. The prices are often difficult to compare. There will always be people with plenty of money who will pay up for a premium property (within limits of course). For the short sale property without upgrades backing to a feeder street, it comes down to how bad someone wants to get in to an area they probably cant afford otherwise.

BTW, I have done transactions with Lisa Harden and she is a very good agent and everything ZK said she was.