Tuesday, October 03, 2006

Square Footage Not Available

We all know charming = teeny. How teeny? The MLS reports square footage not available, so in this case you will have to go and see for yourself. (I guess with all the lawsuits going on regarding buyers being misled about square footage realtors aren't willing to take out a tape measure and do a few calculations.)

That said, I love this listing.

As far as I am concerned, when it comes to owning property less is more. If it takes only an hour a week to clean from end to end, pets can sprawl langourously in the garden sun, and the place has history, poetry, seclusion, a solid foundation and bougainvillea I am ready to move in.

But even for all that romance, I wouldn't pay $500,000 for 300 square feet and a patio (the average size of an "earthquake-era cottage"). Part of the less is less philosophy is that humble abodes are accompanied by frugal mortgages. My guess is that most buyers will agree and when it comes to the asking price of 472-A Clipper more will soon be less.

(FYI the realtors' claim that this property is "ready to enter condo lottery for first time this year" has no significance. Given the current state of the lottery, this quaint little relic from 1903 is probably not going to condo convert anytime before the turn of the next century.)


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