Newer Irvine listings with crazy WTF asking prices from equity sellers

[Cares]

This seller/listing agent are a bit delusional...
https://www.redfin.com/CA/Irvine/58-Borghese-92618/home/51681086

The asking price seems as you suggest, but the redfin estimate is currently only $6k under asking.  Can Redfin estimates be manipulated, or is Redfin also a bit delusional?

Redfin estimates can be manipulated to a certain degree. I accidentally edited one of my properties to change the year to 201x (whatever current year it was). I thought it was asking me any year I remodeled. It shot up my home value by 3x on the estimate.

 

[usctrojancpa]

This seller/listing agent are a bit delusional...
https://www.redfin.com/CA/Irvine/58-Borghese-92618/home/51681086

The asking price seems as you suggest, but the redfin estimate is currently only $6k under asking.  Can Redfin estimates be manipulated, or is Redfin also a bit delusional?

Redfin estimates can be manipulated to a certain degree. I accidentally edited one of my properties to change the year to 201x (whatever current year it was). I thought it was asking me any year I remodeled. It shot up my home value by 3x on the estimate.

Yup, just like I said those estimates are garbage.

 

[Dr. CA Real Estate]

Zillow CEO said himself in an article the estimates are hot garbage

 

[aquabliss]

At a quick glance I thought this was a Tesla logo on the house.  Subliminal marketing, perhaps?https://www.redfin.com/CA/Irvine/177-Interval-92618/home/173046139

 

[lovingit]

At a quick glance I thought this was a Tesla logo on the house.  Subliminal marketing, perhaps?https://www.redfin.com/CA/Irvine/177-Interval-92618/home/173046139

Are parasol homes all going for this price?  It seems a bit steep.

 

[usctrojancpa]

At a quick glance I thought this was a Tesla logo on the house.  Subliminal marketing, perhaps?https://www.redfin.com/CA/Irvine/177-Interval-92618/home/173046139

Are parasol homes all going for this price?  It seems a bit steep.

Not even close, it's called a pipe dream listing price.

 

[marmott]

So... the agent saw the staging and said it was fine? 

 

[usctrojancpa]

So... the agent saw the staging and said it was fine? 

Staging, what staging? This is a foreign cash owner flip special.

 

[daedalus]

There's no way I'm spending my weekends mowing the yard.

 

[Dr. CA Real Estate]

I?m surprised. That realtor usually prices her listings pretty well.

 

[aquabliss]

There's no way I'm spending my weekends mowing the yard.

You mean mowing the 3rd floor deck?  I mean c?mon people, at least take the wrinkles out of the grass for the photos.

 

[paydawg]

There's no way I'm spending my weekends mowing the yard.

You mean mowing the 3rd floor deck?  I mean c?mon people, at least take the wrinkles out of the grass for the photos.

That's no worse than the used towel in the shower (Pic #15)

 

[Irvinecommuter]

Have we talked about this one yet? 

2.44 million for Pavilion Park
https://www.redfin.com/CA/Irvine/184-Pepperoot-92618/home/51684948

 

[aquabliss]

Have we talked about this one yet? 

2.44 million for Pavilion Park
https://www.redfin.com/CA/Irvine/184-Pepperoot-92618/home/51684948

Ya they should give 20% discount just for the address ending in 4.

 

[irvinebullhousing]

Have we talked about this one yet? 

2.44 million for Pavilion Park
https://www.redfin.com/CA/Irvine/184-Pepperoot-92618/home/51684948

Paid just a hair under 2 mil 5 years ago. 200k landscaping with pool. Another 75 K inside improvements. With over the years property tax, close to break even at list price. A big ass house for those that like to stretch out and live large.

 

[Dr. CA Real Estate]

Have we talked about this one yet? 

2.44 million for Pavilion Park
https://www.redfin.com/CA/Irvine/184-Pepperoot-92618/home/51684948

Ive shown it. A little high on the ask but it doesn't belong on this tread.

 

[Irvinecommuter]

Have we talked about this one yet? 

2.44 million for Pavilion Park
https://www.redfin.com/CA/Irvine/184-Pepperoot-92618/home/51684948

Ive shown it. A little high on the ask but it doesn't belong on this tread.

Fair enough...it's not really an equity sell but asking $2.44 million in PP with Altair right next door is pretty WTF.  I don't see how anyone would want to buy $2.4 million in Irvine not Turtle Rock/Shady Canyon

 

[usctrojancpa]

Have we talked about this one yet? 

2.44 million for Pavilion Park
https://www.redfin.com/CA/Irvine/184-Pepperoot-92618/home/51684948

Ive shown it. A little high on the ask but it doesn't belong on this tread.

Fair enough...it's not really an equity sell but asking $2.44 million in PP with Altair right next door is pretty WTF.  I don't see how anyone would want to buy $2.4 million in Irvine not Turtle Rock/Shady Canyon

+1  They won't get anything near list price...maybe close to $2m.

 

[aquabliss]

Have we talked about this one yet? 

2.44 million for Pavilion Park
https://www.redfin.com/CA/Irvine/184-Pepperoot-92618/home/51684948

Ive shown it. A little high on the ask but it doesn't belong on this tread.

Fair enough...it's not really an equity sell but asking $2.44 million in PP with Altair right next door is pretty WTF.  I don't see how anyone would want to buy $2.4 million in Irvine not Turtle Rock/Shady Canyon

+1  They won't get anything near list price...maybe close to $2m.

It went pending, so I guess we?ll find out how close they got soon enough.  I?ll guess $2.275

 

[AW]

wow, they actually spent quite a bit on upgrades inside and out... that landscaping with pool and pretty large covered roof gazebo and tons of stones and large grills and fireplace, etc, etc must be $$$