honobob
Thinks s/he gets paid by the post
- Joined
- May 8, 2006
- Messages
- 1,036
Does dumping a ton of money into home improvements factor into any of the figures you cite? How well do you really research those same sales? Just cherry picking?
Fuego, these are condos. Are you aware of any improvements you can do to a 600sf condo to increase tha value by several hundred thousand dollars? I'd pay for that information. I don't post single family because of the difficulity in determining costs of improvements between sales BUT here's a couple that caught my eye in the Noe Valley area that several posters seem to have knowledge of.
625 Duncan Street bought 7/04 for $1.2M took out a permit value by the city at $750,000 and sold 11/08 for $5,818,750 . I hope the seller kept a wheel barrow to haul away his PROFIT.
And 422 Valley St bought for $802,000 8/05 with a $395,000 permit and a 7/08 resale of $2,950,000. That'll buy alot of cherries.
PM the condo improvements. That's too valuable to be out on the web.