Profile picture for guyster

Why is this estimate so low and the realtor is asking for so much?

Greed? Delusion?
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April 24 2007
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Answers (8)

Profile picture for cadgrrl
As a Venice architect, I feel there's cause for not doing 100% restorations since it's awfully expensive. On the other hand, that doesn't excuse tearing down and making a cookie cutter house from a historic beach cottage... there's a middle ground. Home remodels in Venice should respect the character and scale of their locations, and try to at least show a little of the spirit and creativity that have made Venice a great place to be. Low quality materials and designs could be the result of laziness or greed or BOTH.
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December 10 2007
Profile picture for keepitunreal
One person's great taste is another person's tacky remodel. Live and let live. Life is too short to sweat your neighbor's bathroom fixtures. Venice is a hodge-podge of restored bungalows, modern boxes, overgrown gardens and architectural masturbation... and that's what keeps it interesting. If everyone wanted the same house they could move to Valencia and buy a tract home.
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October 04 2007
Profile picture for guyster
Here's the thing, Diane: They destroyed the original built-ins. Instead of restoring a charming 1923 beach cottage, they turned it into a cookie-cutter house.

The bathroom and kitchen fixtures were modern five years ago. Now they're common and seconds away from being tired. If they kept to the original aesthetic of the house, it would've been great, even if they broke through the center hall to make way for another bathroom.

And no, I don't think a "modern box" is fantastic or to be appreciated. I'm a believer in restoration, especially where there was such original charm.

You're right about one thing--Steven Ito, the former agent, is an idiot. Not sure about the current one. She's overpricing it just like Ito.
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September 04 2007
Profile picture for Diane622
Dated? What's dated? It's all modern. No, I am not the agent that was trying to sell it for 2 years, he's an idiot. Just a neighbor that can appreciate the neighborhood being cleaned up and restored. The neighborhood is fabulous, but some areas need major help. This house looks fantastic, it was torn down and just a new modern box put up. Can't you appreciate that?
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September 01 2007
Profile picture for guyster
I don't mean to be negative, just honest. The choices made for the front house are already dated in its desperate attempt to be a forward design.

The Thom Mayne structure has been rehabilitated on the outside, but Mayne's interior bathroom was destroyed.

Your evaluation of this property is, as always, delusional. Or are you not the same agent who has been trying to sell it for almost two years?

And, thanks, but I'm having a great day.
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August 20 2007
Profile picture for Diane622
First of All, the Thom Mayne architecture is not destoyed at all. Actually it has been restored. Have you seen inside? Why are you so negative about this house, we just brought up the value by another 20%. What's all the negativity about? Did you have a bad day?
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August 19 2007
Profile picture for guyster
You're right, I believe. I know this real estate agent, and he is particularly desperate.
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April 30 2007
Profile picture for diaph
sellers still think their real estate is rising in value and desperate real estate agents don't want to disabuse them of the idea. this is a terrible time to buy--credit continues to tighten, and prices will be moving down accordingly. few people have the historical perspective to remember the big housing busts--hang on.
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April 27 2007
 
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