That Was QuickPosted on Friday, February 13th, 2009 at 5:01am.
First, start with a good location. (Sometimes clichés are quite true.)
Next, don't overprice.
Once and so often, someone gets it smashingly right. Take 405 21st in the Sand Section as an example. (At this writing, the Redfin link still works, but it probably won't for long.)
You can sell in a week, as 21st just did, if you have a little house for about $1m that offers ocean views and proximity to the beach, parks and downtown.
MBC featured 405 21st this past weekend in our "Sunday Opens (2/8)" and noted that the 3br/2ba, 1450 sq. ft. remodel "offers more than you might expect," given the price. (Some readers who walked through also reported back in comments on that story.) MBC also said:
There are compromises here, to be sure, including no yard on the half-lot, and we don't love everything about the remodel. But for $1.149m the whole package compares well against much of the lower-end Sand Section inventory up to $1.4m.Memo to the rest of the Sand Section inventory below $1.4m: You've got a new comp coming. Take note.
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