Substitution Effect

Written by Jim the Realtor

January 20, 2010

The low inventory is causing some buyers to cast a wider net, and those who venture out to places like Vista are finding some intriguing alternatives:

11 Comments

  1. shadash

    Nice house.

    Still a little high for the area, septic, lack of landscaping, finishing touches, and no appliances.

    I agree with you 100% though, that garage will sell the house. If I was the seller (or bank agent) I’d throw a couple of $1500 car lifts in the garage to show what’s possible.

  2. Erin

    Wow! Nice. laughing at the Formica with a Wolf stove. Yep, must have run out of money.

    Not sure I should show the video to my hubby. He might reconsider Vista if he saw that garage. We could fit a lot of dirtbikes and mountain bikes in that thing.

    Maybe I’m crazy, but at that price it seems like it would go pretty fast?

  3. Jim the Realtor

    Agreed, I think there will be several offers on this one, and may end up closer to $600,000.

  4. doughboy

    Vistan’s in general love toys. I have never seen more motor homes, horse trailers, jet skis, boats, classic cars, motorcycles in a rural area everyone thinks is poor. People buy homes like this and spend 1/4 M$ on toys because they have room for them after a home purchase. There is money in them-thar hills!

  5. Former RB Resident

    The septic and propane don’t necessarily throw me, but you lost me at the entrance which was a design disaaster.

  6. osidebuyer

    lol, you had me going on the formica in RSF, I was thinking “is he serious?” at the same time you said “just kidding”. perfect timing

    looks like a steal to me, i’m guessing it gets bid up over $600K. let us know

  7. Blissful Ignoramus

    I’d be interested in seeing that after today’s big storm.

    The mosquito hatchery in the backyard would worry me less if it were on a sewer line.

  8. François Caron

    Way too many large puddles. Incredibly bad drainage. That would be a constant worry for me.

  9. UCGal

    That light you noticed, outside the garage… It’s probably a pump for the septic. It will flash and make noise if the tank gets too full and the pump doesn’t work.

  10. Tom Tarrant

    cool house, room for tons of toys. I’d love to finish that puppy off. The missing glass on the master shower will set you back about 2k. It’s meant to have frameless, heavy glass.

  11. ewhac

    I get the impression that the kitchen counters are “pre-owned” — possibly obtained as leftovers from a flipper rehabbing another property. They’re not pretty but, if you’re running out of money and need something, they’re functional.

    But yes, the garage will be a draw to anyone with a lot of toys or a lot of tools (my first thought on seeing the inside was, “Workshop!”).

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Jim Klinge
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