We often get caught up talking about the massive sales on the north side of town, but it is a mistake to sleep on the neighborhoods further south. A perfect example just crossed the finish line over in Ingleside.

Take a look at 255 Miramar Avenue.

This 1935 Mediterranean style home came to market with a very attractive list price of $950,000. In a city where finding single family homes under a million is becoming a rarity, this price point naturally grabbed some attention. The home itself has good bones but definitely needs some updates to bring it into the modern era.

Buyers did not seem to mind the work required.

When all was said and done, the property closed for $1,250,000. That is a solid $300,000 over the asking price. It just goes to show that if you price a home correctly, even if it needs a little bit of love, the market will respond… and respond aggressively.

For more overbid sales, head to The Goods.

Thinking of buying or selling? Contact us today.