WTF Pricing $535 sq ft! in El Camino

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springmom_IHB

New member
New on market 1044 sq. ft., built in 1971. I guess they figure since there is no mello roos or assoc. fees, they should charge more per sq. ft.

http://www.redfin.com/stingray/do/printable-listing?listing-id=1457574





4781 Winvale AVE Irvine, CA 92604

Price: $559,000

Buy with Redfin and Save $11,180*

Beds: 3

Baths: 2

Sq. Ft.: 1,044

$/Sq. Ft.: $535

Lot Size: 5,454 Sq. Ft.

Type: Single Family Residence

Style: Ranch

Year Built: 1971

Stories: One Level

Area: El Camino Real

County: Orange

MLS#: S520682

Status: Active

On Redfin: 1 day

New Listing (24 hours)

This is the house you have been waiting for! Single family detached residence for under $560k. .. What a Steal! This is a dollhouse loaded with upgrades and a large yard with fruit trees. Desirable central Irvine location near schools, shops, parks, library and freeway. NO HOA dues and NO Mello Roos. Upgrades include completely gutted master bath w/ granite/tile, crown molding, vinyl windows/doors, newer paint, new closet doors/interior doors, exterior brickwork & planters, patio cover, ceiling fans, newer wood fencing, bubbling spa in backyard, new stainless dishwasher to go with stainless fridge & stove. Gorgeous backyard is spacious and includes beautiful potted palms, fruit trees, and above ground spa. Check this home out fast because. .This will not last!
 
it has only been on there for 1 day......



1day-2 weeks- WTF pricing....

2wks-6 wks- reduce pricing....

6wks-5 months- break even pricing....

5months plus.... NOD... bank take over REO.



this place would sell if they lower it to say 450k today pricing.
 
The seller can ask for whatever they want. The question is are the buyers willing to pay.





It's a nice looking little house, with room to expand in the backyard. From the photos it looks like all rooms are downstairs and there is no stair way up or down, which makes it elderly friendly. This is something that I would consider buying for my parents, but not at that price.
 
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