Wow is right! And for ~$1.3 million are we supposed to keep the 70s/80s wood paneling throughout the house too? The asking price is $100k above the price they paid in 2005 too! Do the people in Del Cerro have any clue about the current real estate environment?!
Do they want to join their other $1 million friends in Del Cerro and have their homes listed for sale so they can sit on the MLS together asking unreasonable prices? The other million dollar homes have all been listed for over 100 days, so these people must think that because they’re not desperate to sell, someone will give them their “wish” price.
This 5904 Overlake Ave home does have a nice curb appeal, but it will no doubt NOT sell at anything close to its current asking price. The owners will now have to endure people trampling through their home and say that while it looks nice from the street and has a nice view, it’s not a million dollar home because it’s not 2005 anymore.
I also enjoyed the MLS description “Homes rarely available on this prestigious street, this is the first home on
[O]verlake [D]r. Offered for sale in almost 3 years.”
Was this the house that was last offered for sale on this street? Because no one on your street has sold their house in 3 years does it justify asking an unrealistic price for the home?
So many questions, I know. But these are questions that defintely require answers. Who will crack? Does this fit the Nash Equilibrium?
