Today’s lesson: How to make $3 million in just ten easy days. Or was it actually five years? Or more than that? It depends on your perspective. Certainly the number is right: Our top overbid for the week, a four bed, three bath Outer Sunset setup at 1591 43rd Avenue closed a deal this week … Continue reading Maximum Overbid: A Sunset Home For a Pac Heights Price
Category: Maximum Overbid ™
Maximum Overbid: Where In SF Can You Find a Million-Dollar Listing?
The Bravo show Million Dollar Listing has been a consistent hit for about a decade now, but its San Francisco spin-off lasted only one season. Maybe the problem was the title: In SF, a million-dollar listing is probably selling itself short. That was the case with this week’s top overbid, a two bed, two bath … Continue reading Maximum Overbid: Where In SF Can You Find a Million-Dollar Listing?
Maximum Overbid: What’s a Fair Home Price Anyway?
As usual, this week’s top overbid is on the west side of town, but this time north of the park, at 287 24th Avenue in the Richmond, which managed a downright vertigo-inducing 67.25 percent overbid for this three bed, two bath, circa 1916 home. When a sale goes way, way, WAY over asking, we’re left … Continue reading Maximum Overbid: What’s a Fair Home Price Anyway?
Maximum Overbid: Doubling Your Money In Just Nine Short Years
San Francisco is always changing: For example, there’s the case of this week’s top overbid, a two bed, one bath Outer Sunset beach house at 2142 44th Avenue. The final sale price of more than $1.45 million is well over 162 percent of the asking price from the end of February–a mere $895K. Again, this … Continue reading Maximum Overbid: Doubling Your Money In Just Nine Short Years
Maximum Overbid: Bernal’s Heights (and lows)
One of the oldest tricks in the book for turning heads is to market a property as one that’s been off the market for decades, as in the case of this week’s top overbid, a three bed, two bath house on the north slope of Bernal Heights at 238 Rutledge. This place listed for just … Continue reading Maximum Overbid: Bernal’s Heights (and lows)
Maximum Overbid: A Parkside Puzzle
Overbids can be a surprisingly sensitive topic. For example, a while back, the buyer of one of our previously featured weekly overbids pointed out that the realtor of that property intentionally priced it low, and argued that we should talk about this practice when highlighting overbids. The truth is, we’ve brought that subject up many … Continue reading Maximum Overbid: A Parkside Puzzle
Maximum Overbid: Southside Teardown Sells for $1 Million, Because Of Course
It’s time for Maximum Overbid and oh my, isn’t this one a treat. The listing for 1598 Geneva Avenue says it all–or rather, says very little, from which you can extrapolate the rest: boarded-up windows and doors, no interior photos, “contractor’s paradise,” and the low-for-SF price of just under $600K for an ostensibly two bed, … Continue reading Maximum Overbid: Southside Teardown Sells for $1 Million, Because Of Course
Maximum Overbid: Someone Else’s Payday
Flipping a fixer can be a formula for a quick payday, but it turns out there’s an even easier way to score a big deal, if you’re lucky enough. This week’s biggest overbid is 1787 48th Avenue, an Outside Sunset house right on the edge of the recently acclaimed Great Highway that listed for nearly … Continue reading Maximum Overbid: Someone Else’s Payday
Maximum Overbid: Make Yourself at Home
The US Census estimates that the average American move more than 11 times in their life, or about once every six or seven years. But someone just plain has to be ahead of the curve, like the case of this week’s biggest overbid, 2494 35th Avenue, a three bed, three bath Parkside house that came … Continue reading Maximum Overbid: Make Yourself at Home
Maximum Overbid: “The Worst House” Doubles Its Money
Sometimes the real estate game is simple: All you have to do is predict the future. That doesn’t require any special powers–just a reasonably good sense of the way things are going. Case in point, back in September we featured 320 Day Street, a crumbling fixer advertised as “the worst house on the best block” … Continue reading Maximum Overbid: “The Worst House” Doubles Its Money
Maximum Overbid: A New Year’s Fixer Breaks Bank
There’s nothing quite like the first overbid of the new year–in this case because it’s actually a fairly modest affair all around. The two bed, one-bath circa 1930 house at 2626 23rd Avenue sold this week after just a little over a month on the market for more than $1.5 million, or more than 134 … Continue reading Maximum Overbid: A New Year’s Fixer Breaks Bank
Maximum Overbid: A Sunset Switcheroo
If someone were paying VERY close attention to the 1800 block of 45th Avenue, they might be surprised that our top overbid for the week is 1826 45th Ave. Not because of anything to do with the house itself, but simply because this place just sold previously eight months earlier, clearing $1.2 million back in … Continue reading Maximum Overbid: A Sunset Switcheroo
Maximum Overbid: Breaking a Tie
For the second week in a row our biggest overbid lies on the westernmost edge of Noe Valley, and for the first time in memory it’s not a house but a condo. At 15 Perego Terrace a three bed, two bath setup took just under two weeks to score $1.7 million, well over the initial … Continue reading Maximum Overbid: Breaking a Tie
Maximum Overbid: Peaks In Valleys
The time has come once again to follow the money with Maximum Overbid, our weekly column examining just how much SF buyers went above and beyond when paying for a home. And for the first time in literally months, the top overbid for the week did NOT happen in the Sunset; instead it’s a Noe … Continue reading Maximum Overbid: Peaks In Valleys
Maximum Overbid: Stuffed With Thanks
This being a short week with a holiday, you’d imagine it wouldn’t be as busy on the homes front. And you’d be right; whereas an average of 161 homes closed each week in 2021 thus far, for the past seven days it was just 91. With things a little bit quiet, maybe this is an … Continue reading Maximum Overbid: Stuffed With Thanks
Maximum Overbid: When Nothing Changes But The Sale Price
The home team came really close to number one spot this week’s rankings, after the Front Steps sale of 264 24th Avenue scraped up against a million dollars over the listing price after just 11 days on the market. But the biggest winner actually closed the deal last Friday on the other side of Golden … Continue reading Maximum Overbid: When Nothing Changes But The Sale Price