The Subjective Value of Real Estate



"Beauty is in the eye of the beholder."
- Margaret Wolfe Hungerford (1878)



September, 2021 | Vol. 5 | No. 7

Some of us know what we want when we see it and will do whatever it takes to get it. NOTHING will prevent us from attaining our goal.
 
We’ve seen this play out repeatedly in the Marin real estate market: High demand coupled with limited inventory resulting in multiple-offers driving home prices far in excess of lenders’ appraised values. The successful buyer is responsible for forking-up the difference. 

Recently, a buyer willingly paid $1,000,000 over-asking to attain the home of his dreams.  Being fully cognizant of current market conditions he acquired his asset with an aggressive full-court press. Purchasing residential real estate is a subjective value proposition; its beauty truly does lie in the eye of the beholder. In this instance, confirmation of the client's knowledge of present market values is crucial; as they will likely rely upon their agent to sell this asset in the future. 

FORTUNATELY, we live in one of the world's most expensive housing markets where property values continue to appreciate and outperform the rest of the country.

Please do reach out when I can be of service to you, a family member
or friend.

🍁 Happy Autumn! 🍁



1

YOUR NEIGHBORHOOD'S WORTH

While metrics don't tell the entire story, they lay the foundation. 

Stay up-to-speed on your area's
Statistics. I chart them monthly
for you on my website.





*BAREIS MLS data
**SFAR MLS data

2

REAL ESTATE Q & A

LISTING MY HOME:
THE PRE-LISTING CONSULT

  • Q: My home is furnished with the finest silk draperies, antique rugs, wall coverings, painted murals and French antiques money can buy. Must I stage it before selling?

  • A: YES! - Professional staging is key to selling your property quickly and for maximum return on your investment - and we will front the cost to do it. No matter how elegant and finely honed your interior furnishings may be, today's buyer is seeking a fresh, modern envelope. Staging allows buyers to envision THEIR life unfolding in the house formerly occupied by you.

  • Q: Why would I make pricey home improvements just before I move? Won't the next person who lives here want to do this themselves?

  • A: NO! - The person who bought your former home wants to unpack and plug-in. Renovating ranks up there with Death and Divorce. Take this opportunity, Seller, to optimize maximum return on your biggest investment by making the improvements recommended upon our Pre-Listing Consult meeting. We front these "pre-sale improvement" costs too, in order to realize a higher sale price in a shorter timeframe.

To arrange a Pre-Listing Consultation or discuss any real estate related matter, reach out. I am always delighted to speak with you!

📧 Email Me
☎️ 415.533.2332


3

ON MY NIGHTSTAND...

"DRACULA"
B. Stoker (1897)
(Victorian Gothic)

A real estate agent travels to
Transylvania to assist a Count with the
conveyance of a London property.

"BAD BLOOD"
J. Carreyrou (2018)
(Business)

A Pulitzer Prize winning WSJ investigative
reporter uncovers secrets & lies within
unicorn Silicon Valley startup, Theranos.

📚

What's on your nightstand?

📧 Email Me


I am here to help you navigate all things real estate. Whether you are selling your home, interested in a complex investment exchange, a first-time home purchase or charting a move across country, I will ensure your experience is an exceptional one. Through our vast Global Relocation Network, I can connect you with an excellent agent anywhere in the world.

Please reach out whenever I may be of service to you, a family member or friend.

Isabelle V. Laub
Cell: 415.533.2332

Your trusted Real Estate Professional
specializing in Marin and San Francisco

When purchasing real estate, be sure to work with an Agent to represent and protect your interests during one of the largest purchases you may ever make. Commission is paid by the Seller, inherently structured and agreed to in the listing contract set forth between the Seller and the Seller's representative, the listing agent.