Comments on: Reader Reports: Parkside home for $1.4M? (2560 22nd Ave)

By: John

John — Mon, 28 Jul 2008 15:04:09 +0000

To be fair, 2560 22th Ave seems to be a big property. Propertyshark lists it as 1888 sqft. The remodeled sqft is probably over 3000. Has anyone gone to the open house to confirm this?

I think 2138 26th is more surprising. Propertyshark lists it as 1400 sqft, so it is probably 2400sqft after remodeling, and 1.36M?

And is Parkside hotter than Sunset now?

Let’s watch 2087 28th Ave. It is listed for 1.6M.

In any case, I have to say the upper ceiling of remodeled Sunset/Parkside homes is higher now than 2005/2007. A house similar to 2087 28th, with better views, listed for 1.4M in 2005 (I dont know how much it went for) and it seemed rediculously high to us. And even in 2007, it is rare to see one listed higher than 1.2M.

By: sparky

sparky — Sat, 26 Jul 2008 22:52:15 +0000

It’s okay anon8mizer, you made an estimate, and you were off. Don’t try to justify it. I think most people are suprised that it got as much as it did. I would have thought $1.2M was a cap over there (now).

But, I live in inner parkside so I think anything that gets this much over here kicks ass.

By: kenneth kohlmyer a k a fluj

kenneth kohlmyer a k a fluj — Sat, 26 Jul 2008 15:27:04 +0000

The “real value” is what the IMF estimates?

By: anon8mizer

anon8mizer — Sat, 26 Jul 2008 03:56:05 +0000

If you listen to IMF that US real estate is still over valued by 20%, then my $1.1m estimate was close to the real value

By: sparky

sparky — Sat, 26 Jul 2008 01:39:58 +0000

Everybody in the Parkside say “hell ya”….

By: John

John — Sat, 26 Jul 2008 00:48:46 +0000

Ouch, just received a ad postcard from the realtor (the listing agent, I believe). This property sold for 1.45M.

2138 26th Ave went for 1.36M

By: thefrontsteps

thefrontsteps — Thu, 26 Jun 2008 16:22:49 +0000

John,

You testing my ability to stereotype while still remaining PC?

Outer: Lots of Asians, lots of white folks with starter homes. Tons of derelict surfers.

Central: Still tons of Asians (large families living under one roof), a larger pool of UCSF renters, a few “larger” homes, and people that are trying to stay as close to the city as possible.

Inner: Way more whities than the central or outer. Higher income earners, and tons and tons of UCSF students and doctors. A large percentage of very savvy apartment building owners, and tons of interesting people.

Don’t make me cross that line!

By: AMinSF

AMinSF — Thu, 26 Jun 2008 06:02:10 +0000

i agree w/alex on this one, it’s aimed at the asian buyer. but they only got parts of it right…namely the gold paint trim, faux tuscany interior, and asian dining room set. but what happened to the ubiquitous red front door, and maximum use of granite in the kitchen???

By: John

John — Wed, 25 Jun 2008 05:35:24 +0000

Thanks, Alex,

Any insight on demographics for Outer Sunset vs Central Sunset vs Inner Sunset?

By: thefrontsteps

thefrontsteps — Tue, 24 Jun 2008 22:58:26 +0000

@John,

“what kind of demographics difference do you see between Central Sunset and Parkside? Does Parkside attract higher end buyers?”

It attracts a slightly higher end buyer, but still a very similar demographic to the entire area west of Park Presidio/19th, in regards to Asian families purchasing and all moving in to the same home. That includes Central and Outer Richmond. You do tend to get a few West Portal buyers looking in this area too. But this type of remodel doesn’t necessarily appeal to them. It appeals to a larger Asian family. IMHO. It’s really tough to generalize, but that’s what I typically see.

@Arlene,

Saw that one on GH, and was going to do a post on it. Amazing really.