Havasu's most stupid listing

[OldSchoolBoats]

Yes, its built in Residential Estates and is a pretty awesome house, but 1.25 million with no lake view?

I was even told that you can't build this same house new for 1.25 million. What does everyone think??

https://www.zillow.com/homedetails/2012-Burke-Ln-Lake-Havasu-City-AZ-86406/191732211_zpid/

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[LargeOrangeFont]

We learned in the “What’s it Worth” thread that you can base the sale of something off the build price.. no mater how asinine the build costs were!

 

[OldSchoolBoats]

We learned in the “What’s it Worth” thread that you can base the sale of something off the build price.. no mater how asinine the build costs were!

Oh.......noted.

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[Dalton]

to me, that's a 500 to 700k dollar house

 

[ONE-A-DAY]

The quote to build our house was 1.2 million to build in havasu, not including the lot that we already owned, nor the pool. That house can be built for considerably less.

 

[monkeyswrench]

What I've learned with cars, and I think holds true for most things, anything is only worth what someone will pay for it.

Out here I just met the guy who bought a property down the road. 10ac, with a six car garage with a bathroom...no house. Well and septic done and power box on the garage...300k! We thought the seller was crazy to ask that much.

There's an ass for every seat, it's hard to find them sometimes...

 

[Enen]

Every now and again there's a glaring reminder that the market is ripe for a correction. This is one of those reminders.

 

[HB2Havasu]

Yeah I seen the agent post on Fakebook yesterday. Looking closely at the pictures you will notice that most of the materials used are lower spectrum. Look at the showers for example. The tiles used are what you get at Home Depot for $1.25sf.

In today’s crazy market it’s probably around 100K lot, 50K grading/landscaping, 25K walls, 100K pool, 550k house/garage. Total build cost = $825K. Not sure where she’s getting the extra $425K in build costs? I’m not seeing it! Seems like a 50% spec home markup to me, lol.

That’s going to be a hard sell at that price point. It just doesn’t come off like a million dollar home! Just Saying.

 

[HOOTER SLED-]

Looks like some of the listings around here in the 500k range. Has built ins...layout looks really clean...not even a built in kitchen area or anything in the backyard. And a crammed in cul de sac. Mil plus? No thanks. Must be the hype.

 

[TCHB]

I think it is way above the $500K range. I am thinking more like $750K.

 

[TCHB]

There is one like it on the golf coarse with a view and they want $1.5M. It does have a golf coarse view and lake view.

 

[CigAjerk]

Yeah I seen the agent post on Fakebook yesterday. Looking closely at the pictures you will notice that most of the materials used are lower spectrum. Look at the showers for example. The tiles used are what you get at Home Depot for $1.25sf.

In today’s crazy market it’s probably around 100K lot, 50K grading/landscaping, 25K walls, 100K pool, 550k house/garage. Total build cost = $825K. Not sure where she’s getting the extra $425K in build costs? I’m not seeing it! Seems like a 50% spec home markup to me, lol.

That’s going to be a hard sell at that price point. It just doesn’t come off like a million dollar home! Just Saying.

The lot and the retaining wall are the 2 unknowns.

Everything else, I couldn't agree more.

 

[OldSchoolBoats]

There is one like it on the golf coarse with a view and they want $1.5M. It does have a golf coarse view and lake view.

Exactly......view....view....view. This has no lake or Golf Course view. If it had unobstructed lake views then the price may be a little more believable.

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[Xtrmwakeboarder]

I just want that garage....

 

[ChumpChange]

So are you saying the market should be going down?

 

[LargeOrangeFont]

So are you saying the market should be going down?

I see what you did there.

 

[FreeBird236]

Yeah I seen the agent post on Fakebook yesterday. Looking closely at the pictures you will notice that most of the materials used are lower spectrum. Look at the showers for example. The tiles used are what you get at Home Depot for $1.25sf.

In today’s crazy market it’s probably around 100K lot, 50K grading/landscaping, 25K walls, 100K pool, 550k house/garage. Total build cost = $825K. Not sure where she’s getting the extra $425K in build costs? I’m not seeing it! Seems like a 50% spec home markup to me, lol.

That’s going to be a hard sell at that price point. It just doesn’t come off like a million dollar home! Just Saying.

I want your wall guy. Justified or not, I'll bet that house sells for at least 90 to 95% of asking right now.

 

[River Dirt 2]

Says it sold for more than asking in May 2018, $1,070,000
Lot was $135k

If Zillow is accurate.

 

[Wmc]

A lot in residential estates to fit that set up 200k plus then to 3000 square foot home what garage 600k plus or minus 100k pool and add another 50k for unknown. Before I pulled the trigger on my garage I was thinking of going down this road and it just cost too much. My 2 cents

 

[OldSchoolBoats]

A lot in residential estates to fit that set up 200k plus then to 3000 square foot home what garage 600k plus or minus 100k pool and add another 50k for unknown. Before I pulled the trigger on my garage I was thinking of going down this road and it just cost too much. My 2 cents

I know of a lot in residential estates that's been for sale for a while with the Lake view for a little over $200k.

I have been following your garage build on Facebook and you made the right choice. It is turning out amazing.

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[Wmc]

I know of a lot in residential estates that's been for sale for a while with the Lake view for a little over $200k.

I have been following your garage build on Facebook and you made the right choice. It is turning out amazing.

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I think I know the lot to it's sold to 235k or
something and it's smallI I don't think that lot would handle 3000 square foot house

 

[Rondog4405]

Was gonna put a offer on it.. But, with no view.. I passed..

 

[Wmc]

I know of a lot in residential estates that's been for sale for a while with the Lake view for a little over $200k.

I have been following your garage build on Facebook and you made the right choice. It is turning out amazing.

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I'm telling you I went down this road with that exact house there's a lot up the street that is 250k. talk to the builder of that exact house 600 plus to do that exact house not including backyard and other miscellaneous stuff.

 

[OldSchoolBoats]

I think I know the lot to it's sold to 235k or
something and it's smallI I don't think that lot would handle 3000 square foot house

If it is the Lot that I am thinking of you could do a split level property and probably get more than 3000 ft² out of it.


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[Wmc]

If it is the Lot that I am thinking of you could do a split level property and probably get more than 3000 ft² out of it.


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If it is the Lot that I am thinking of you could do a split level property and probably get more than 3000 ft² out of it.


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Is this the lot?

 

[OldSchoolBoats]

Is this the lot? View attachment 737177 View attachment 737177

No it is in Demaret, behind Randy's old house. There are 2 of them.

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[SummitKarl]

that should have listed at $680,625, per current going rate in Havasu

 

[Wendi]

Yes, its built in Residential Estates and is a pretty awesome house, but 1.25 million with no lake view is laughable.

The agent told me that you can't build this house for what they are asking.....[emoji23][emoji23][emoji23]

https://www.zillow.com/homedetails/2012-Burke-Ln-Lake-Havasu-City-AZ-86406/191732211_zpid/

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Joe as a fellow loan officer don't you think we should be supporting our local realtors and not shooting them down? I'm surprised at all your comments on Facebook where she is pushing this property. Liz Miller has been agent for a very long time. I don't think she is completely out of line with her pricing, as it sold for $1,070,000 5/31/2018 over asking.

 

[OldSchoolBoats]

Joe as a fellow loan officer don't you think we should be supporting our local realtors and not shooting them down? I'm surprised at all your comments on Facebook where she is pushing this property. Liz Miller has been agent for a very long time. I don't think she is completely out of line with her pricing, as it sold for $1,070,000 5/31/2018 by her.

Just because it sold for a price, doesn't mean it is worth it!! I can give 2 shits about FB and all the stupid "Whipper" groups. If I have an opinion on something, then I am going to speak my mind. It is an overpriced house and she is doing her seller's a disservice by listing it that high.

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[Wmc]

that should have listed at $680,625, per current going rate in Havasu

I would have bought it at that price instead of building my garage

 

[Wmc]

Just because it sold for a price, doesn't mean it is worth it!! I can give 2 shits about FB and all the stupid "Whipper" groups. If I have an opinion on something, then I am going to speak my mind. It is an overpriced house and she is doing her seller's a disservice by listing it that high.

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I said sell over 1.1 million

 

[Wendi]

Just because it sold for a price, doesn't mean it is worth it!! I can give 2 shits about FB and all the "stupid Whipper groups". If I have an opinion on something, then I am going to speak my mind. It is an overpriced house and she is doing her seller's a disservice by listing it that high.

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Joe I'm not here to battle you I'm just saying as a loan officer you are acting unprofessional. What is it hurting you? BTW you are always the first to comment on FB and the stupid "whipper" groups LOL!!! just sayin

 

[BHC Vic]

Havasu hype

 

[NicPaus]

The quote to build our house was 1.2 million to build in havasu, not including the lot that we already owned, nor the pool. That house can be built for considerably less.

$450 a ft if I recall. This would start around $350 a sq ft to build by me if you own the lot plus the city fees, architect and engineers fees. Depending on choice can go way up from there with custom touches. If you can't afford no need to bash the realtor.

 

[milkmoney]

Every now and again there's a glaring reminder that the market is ripe for a correction. This is one of those reminders.

No correction, another recession ....its coming hang on to your ass-ets.....[emoji39][emoji1787][emoji202]

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[Havasu blue label]

Will comment on the estate area soon I own 2 homes a my kids owns lots in the estate are we paid in 2002 for dirt. 40 grand. Great area over valued I have builders calling all the time met one builder a true dick stated I would like to buy your lot told him 500 hundred thousand laugh at me So I ask what’s the price on sqf to build his response was well in the estate area we are getting 275 a foot laughed.

 

[milkmoney]

I see what you did there.

I see some hype in this thread

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[HB2Havasu]

The lot and the retaining wall are the 2 unknowns.

Everything else, I couldn't agree more.

You do realize those are privacy walls and not retaining walls right? Yeah the lot price is a swag!

 

[LargeOrangeFont]

I see some hype in this thread

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Just don’t buy into it.

 

[milkmoney]

Just don’t buy into it.

Cant afford to.....I am going back to foxes where I can afford a beer ...[emoji39][emoji202]

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[HB2Havasu]

I want your wall guy. Justified or not, I'll bet that house sells for at least 90 to 95% of asking right now.

These appear to just be 5’ High X 400’ long (2000sf) privacy walls. She said building costs not retail costs.

You’re probably right about the price. Theirs an ass for every seat as they say, lol.

 

[LargeOrangeFont]

No correction, another recession ....its coming hang on to your ass-clowns.....[emoji39][emoji1787][emoji202]

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Fixed

 

[Tommy Gun Images]

Is this a call out thread?

 

[HOOTER SLED-]

OSB....pot stirrer.

 

[milkmoney]

OSB....pot stirrer.

There has got to be something bigger than a pot out there he is stirring .....[emoji39][emoji202]

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[HOOTER SLED-]

There has got to be something bigger than a pot out there he is stirring .....[emoji39][emoji202]

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Sounds more like a cauldron to me.

 

[Bpracing1127]

For a million I would rather buy this with a bitchen lake view

https://www.riverdavesplace.com/forums/threads/team-rdps-newest-baller-listing.194680/#post-3204596

 

[Singleton]

OSB....pot stirrer.

Pot stirring, but would help write the loan on that house within minutes of someone calling

 

[milkmoney]

Let's talk about lake views for a minute.

Tje lake view is the biggest crock of shit to add price to home.

Oh look honey , we can see the lake from our house , isnt that worth the fucking we just got. I bet Henry across the street wishes he could see the lake ....

Nope Henry doesnt cause Henry can afford a boat to be on the lake ...

Fuck me , lake view of havasu lake...go to a more scenic area if you want lake view [emoji41][emoji106][emoji202]

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[CigAjerk]

You do realize those are privacy walls and not retaining walls right? Yeah the lot price is a swag!

I count 7 courses at a different elevation on the backside of your "privacy wall". Hence, my referal to a retaining wall.

But you're probably right. I'm just a bread guy here on vacation