I posted early in this thread (pg 1) regarding the lack of sold signs in my complex and the increased in number of for sale properties. The original number I posted went up from 7 to 9 properties. A sold sign finally appeared on one of the newly listed properties. But here is an interesting twist (at least to me):
The agent who sold this property was selling 2 in the same complex with the same floorplans with the same “partial” ocean views. From the front door of one property you can look up and see the other property.
Question for sdrealtor:
would you cannabalize your own market in this way? The two properties are identical in floor plan (condo complex) but one has a slightly better ocean view because it is around the corner and slightly more elevated.
A bit off topic, but to me unless you have a completely unobstructed view of the ocean (no homes, trees, freeways, etc.) from your house then ocean views are highly overrated. I consider ocean views as that little extra bonus but not something I would be willing to pay a premium to have.
