Thank you for mentioning the reserve bid. I was not thinking that any of the units would sell for $199k. That would actually be a real good price if they sold for that. But I imagine that they will probably sell for $350 to 400k. Still steep, but still considerably lower than the 550k upwards that they originally wanted. If their reserve bid is higher than 400k then they can keep them.
I’ve seen the places when they were first for sale. I personally wouldn’t pay more than 300-350k for glorified apartments. But it is in CV. I haven’t researched the area in a while. Prices have gone up considerably since I left 7 years ago and the area has changed so much since the 56 got completed. Not the same place. I lived there from 91 to end of 2000. Was a great community. Now, I think way overpriced, as most places.
