I can give out the dellusional seller of the month award already because I know there is no way I can top this one. This guy needs smacked in the head and asked "WTF are you thinking".
16340 Highgate DR in Riverside is a 5 bedroom, 4.4 bath home that is 3904 sq/ft. I've actually featured this house before but it went off the market late last year. I actually figured it had gone back to the bank. It listed again today and beleive it or not it's $100K MORE than it was listed for last year! This MORON is asking 1.4 Million dollars for a tract home off La Sierra in Riverside. I'm sure he thinks it's worth every penny. After all it has custom dyed carpets (so does my living room thanks to cherry kool-aid) and tons of decorator upgrades. Now it may have some very nice decorator touches but not everyone is going to like those mauve walls or the titty pink kids room. None of that matchy-matchy furniture comes with the deal so all those decorator touches won't mean squat when I plop my old worn sofa down in that fancy family room. I don't care if Martha Stewart herself is going to help arrange the buyers furniture, no one is going to pay anywhere near asking, not even 50% of asking in fact you will be lucky to get 1/3 of the asking price.
It does have a nice pool and it is a very nice house but come on people ONE Point FOUR million?? The seller should be bitch slapped and the realtor should have a CAT-scan, she obviously has brain damage.
There is a model match comp in the same tract at 16398 Hidden Peak, in fact it was also in the Nov post. It's been on the market now for a whopping 175 days. After 7 price reductions this home is now asking $525K. That's a staggering $875k less than the doofus above.
And heck if that's not enough of a clue about the price then maybe they should look at 17066 Noble View. It's also the same model home and it's REO and also listed for $525k. This one has also been on the market for a couple of months.
How do you price a model match home in a newer tract at nearly 3 times the price of other homes for sale. What kind of idiot does that??