Marin Home Values
Now that we are through most of 2010, it is time to look at the state of our Marin home values. Here is the short story for all of Marin County:
- Compared to the peak of Marin home prices in 2006-07, Marin single family homes have decreased 19% and condos/townhouses are down 35%.
- In 2010 (through October) single family homes are up 4% and condos are up 11%, compared to 2009.
It looks like Marin home values are stabilizing.
There has been variation from city to city. A city-by-city report on our web site, www.LivinginMarin.com, shows that values increased in Belvedere, Kentfield, Mill Valley, Sausalito, and Tiburon. Greenbrae values stayed about the same, and all other cities experienced decreases.
Unusual Homes in Marin
Part of the enjoyment of being a real estate agent in Marin is seeing interesting and diverse homes for sale. Here are a few that we have seen recently.
15 Cabrillo Court, San Rafael
This completely rebuilt Eichler home next to open space at the west end of Terra Linda is an artwork in every detail. Eichler houses, built in the 1950’s, are outstanding in their floor plans and their orientation to outdoor California living. However, today’s home buyers may find them dark and cramped. This home is a model for how to bring the Eichler concept into the 21st century. There are more photos at www.eichlerasart.com. This home is offered for sale at $1,249,000. Courtesy of Marika Sakellariou, Alain Pinel Realtors.
424 Laverne Ave. Mill Valley
This property used to belong to a wonderful friend, Ida Grey. Ida reminded me of a wild Gypsy from Eastern Europe. She was a master weaver, teacher, and a sweet, considerate person. The house, on a three-quarter acre, sunny and unusually private lot, was rebuilt with excellent taste by the next owner. You can see more photos at this web site. The 3,200 sf home is offered for $2,975,000. Courtesy of Avril Couris and Jay Patterson, Frank Howars Allen Realtors.
440 Golden Gate Ave, Belvedere, CA
We had the opportunity to preview this historic landmark at the southern tip of Belvedere Island. Loxley Hall was designed by Julia Morgan, the famous architect of the Hearst Mansion, and built for the Parry family in 1895. The Blanding family purchased the property in 1900 along with several adjacent mansions. With about 12,000 sf of living space on over an acre of outstanding gardens, it is most impressive. Here is a web sitethat has some good photos of this grand home. Courtesy of Bill Bullock and Lydia Sarkissian, Decker Bullock Real Estate.