Over and over we see these 2 bedroom and 1 bathroom houses in Grass Valley in all kinds of condition and with a wide number features and amenities. And every month so far this year the list price of one of these homes has been creeping upward. At the beginning of the year this home would have been in $280,000 price range. Homes over $300,000 were reserved for upgraded kitchens, which this home does not have, new fixtures, which this home does not have, and new appliances, which this home lacks. It has a very nice yard, and is in a good neighborhood, so if it has the upgrades, then it would be a $300,000 home, but in its current condition, while it is clean and ready for occupancy, it has a long way to go to be a “darling bungalow.” Has the market moved that much higher or is this seller dreaming? That’s the question that will be worked out by buyers in the next 30 days and will set the stage for the coming spring market.
