Why A Home Isn’t Selling

Written by Jim the Realtor

August 20, 2020

Alvin asked if the death of Robin Williams on the property is affecting the sale-ability of his home in Marin County. It’s been listed for sale for more than a year at $7,250,000, so they’ve lowered it to $5,995,000.

Link to Listing

Though some cultures believe it’s bad juju to buy a house in which a death has occurred, I think the condition of the home is the reason.  The kitchen needs to be fully renovated, and while you’re at it, the doorway outside probably needs to be closed off to create a larger, more modern kitchen.

The tile flooring goes through most of the house too:

The exposure to the elements might be a concern – it’s wide open:

The house also looks due east, and I don’t think you can see San Francisco from the property (no SF photos).

Photos and maps tend to be revealing, and it’s where home buyers are making decisions.  Here is the Zillow link to this property for more photos – what do you think?

Link to Zillow listing

5 Comments

  1. Rob_Dawg

    At this price point savvy buyers can look past those fixable superficial issues you mention. What’s wrong with this house is the pricing strategy.

    7/30/2020 Price change $5,995,000 (-11.8%)
    Source: Compass
    4/27/2020 Price change $6,795,000 (-2.2%)
    Source: Compass
    1/15/2020 Price change $6,950,000 (-4.1%)
    Source: Compass
    11/19/2019 Listed for sale $7,250,000 (+52.6%)
    Source: Compass

    When you start at $7.25mand ratchet down a by then stale listing potential buyers are told that price was unrealistic and have no evidence the new price is any more realistic.

    A buddy owns one of those Tiburon waterfronting houses that do have the SF view. Rents it out as a corporate retreat.

  2. Anonymous

    I don’t know…..maybe San Francisco is perceived as a shithole for a $6 million dollar home. Times are changing. People want out of poorly run large cities catering to criminals, like San Francisco. The tile can be upgraded in a week but the shithole city will take a generation.

  3. Susie

    The #1 question is do people want a Santa Barbara style home in SF? Just my two cents, but t I’d take out all the dark tile floors and put in hardwoods to match the other in the living room. Also update all lighting fixtures. The granite counters in the kitchen should be updated to a cleaner and brighter quartz. Spiff up the backsplash and new appliances too. Williams’ bought it in 2008 so some money should be allocated to bring it up to 2020 modern standards. The original house was built in 1987.

    I personally can’t stand red/orange tile roofs, but I’m not buying it, now am I, JtR? 🙂
    PS Still miss Robin Williams.

  4. just some guy

    @susie

    god we need Robin Williams right now.

  5. FreedomCM

    “Shithole cities”? Just like the orange disaster’s “shithole countries”?

    Except of course this isn’t in San Francisco, its in one of the wealthiest suburbs in the USA.

    Really tired of gratuitous “shitting’ by Trumpsters like “Anonymous”. Too bad they do not have anything to contribute to the discussion, unlike Rob and Susie.

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Jim Klinge
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