Inside information from the
#1 condo agents in Carmel Valley.

PRO'S

Location. Location. Location

• A great entry point for first time buyers or those not afraid of putting some "sweat equity" (i.e. upgrades) into the property over time.

• Very private upstairs entry balcony patio with good view of trees.

CON'S

Minimal upgrades.

• In terms of upgrades, this unit did not have a single upgrade.

• What do you notice about the photos?  No staging. Without the staged furniture and accoutrements the photos of this empty 'plain vanilla' unit without any upgrades would have been very unimpressive.  

BUYERS INSIGHT

There is no doubt that the seller of this 886 SQFT upstairs unit saw the gargantuan price of the exact same floor plan at 4029 Carmel View Rd., Unit 138 SOLD for $815,000 ($919 PPSF) on April 5th, 2022 and wanted to try and obtain some of that magic for his own sale but his unit lacked the style and finishes of unit # 138 AND buyers fatigue was setting in along with an increase in interest rates that were about to throw a bucket of ice water on this steamy hot Sellers market and be the one-two punch to take all of the momentum out of the market.  Hindsight is always 20/20 right?  With that being the case, with no upgrades but an excellent patio, this unit should have been priced much lower.

Important to identifying and understand the upgrades, the PRO's and the CON's of each unit and each sale and then knowing these sales comparables intimately is the key for your agent to help you buy at the absolute lowest price point possible, without this in depth homework, you do not have a strategic advantage to negotiate.  DO NOT put your trust in anyone other than the most experienced condo buyers agents that you can find.  Put your trust in Brant Lee and Chaco Clotfelter the #1 townhome and condominium agents in Carmel Valley to help you identify opportunities, competitively navigate and then negotiate the offer process and then enjoy a position of control once in escrow.  

We encourage you to give us an hour of your time and we will give you a one-hour driving tour of Carmel Valley townhome and condominium complexes and we guarantee that you'll learn more in an hour with one of us than you will searching for information about Carmel Valley condos on the internet for a month.  We strive to provide value and arm those that trust us with the most valuable and compelling insight into each complex to help you find the right fit in a complex and then negotiate on your behalf to help you achieve the best possible outcome in the market.  

SELLERS INSIGHT

If you got it, flaunt it... in real estate photos!  This unit had NO upgrades.  With this being the case you and your real estate team must do a SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats) and determine what part of this unit must be showcased to help Buyers understand why it is valuable and unique.  In this case it should have been all about the second story entry balcony patio with a great view of some golden amber trees. This patio should have been staged to show how useful and usable the patio is and how it accomplished what so many Carmel Valley buyers crave... indoor/outdoor living and flow.  With some clean but unclear and unstaged photos they went "live" but it wasn't enough to spark enough interest and they languished on the market far too long and far too overpriced.  This, it turns out, would have been a critical time to price your home to sell, leaving only around $20,000 of wiggle room or 'fat on the bone' for negotiations. Woulda coulda shoulda is always easier to say AFTER the fact.  Take a look at what we real estate agents call 'the trail of tears' which is an illustration of a Seller chasing the market down in a series of price reductions.  We never want to see this or be in this situation if we can help it so we always say, but really dependent on your individual goals/timing needs, price it so sell the first time and don't get greedy.

• Initial List Price: $758,000 (5/10/2022)

• 1st Price Adjustment: $729,000 (6/5/2022)

• 2nd Price Adjustment: $692,000 (6/13/2022)

• 3rd Price Adjustment: $640,000 (7/1/2022)

• Close Price: $623,500 (8/5/2022)

Identifying the upgrades, the PRO's and the CON's of each unit and each sale and then knowing these sales comparables intimately is the key for your agent to plead your case to a seller and help you negotiate and then buy at the absolute lowest price point possible, without this in depth homework, you do not have a strategic advantage to negotiate.  DO NOT put your trust in anyone other than the most experienced condo buyers agents that you can find.  Put your trust in Brant Lee and Chaco Clotfelter the #1 condo agents in Carmel Valley to help you identify opportunities, competitively navigate and then negotiate the offer process and then enjoy a position of control once in escrow.  We encourage you to give us an hour of your time and we will give you a one-hour driving tour of Carmel Valley condo complexes and we guarantee that you'll learn more in an hour with one of us than you will searching for information about Carmel Valley condos on the internet for a month.  We strive to provide value and arm those that trust us with the most valuable and compelling insight into each complex to help you find the right fit in a complex and then negotiate on your behalf to help you achieve the best possible outcome in the market.  

PROPERTY LOCATION

4049 Carmel View Rd unit 82, San Diego, CA, USA