Harbaugh lists $13MM Atherton, CA home for sale

[Spartanmack]

A 13-million house with a stacked washer-dryer?

it's the bay area where the "clothing optional" lifestyle is prolific - much less time is spend on laundry so might as well use that space for other things. For every appliance space you free up you can grow at least one more cannabis plant.

 

[Mitchrapp]

What's a 13m house in California relate to in Michigan, 5-6 mill.

 

[thewolverines24]

What's a 13m house in California relate to in Michigan, 5-6 mill.

Atherton, CA has a cost of living index for housing of 2704.4. Ann Arbor's is 164.2. So the difference in housing between Harbaugh's house in CA and a house in Ann Arbor would be 1547%.

So not 5-6 mill. More like 840K, but that's just for those particular cities in CA and MI. Atherton, CA is insanely expensive. The median home cost there is $6.252M.

 

[Michchamp]

Atherton, CA has a cost of living index for housing of 2704.4. Ann Arbor's is 164.2. So the difference in housing between Harbaugh's house in CA and a house in Ann Arbor would be 1547%.

So not 5-6 mill. More like 840K, but that's just for those particular cities in CA and MI. Atherton, CA is insanely expensive. The median home cost there is $6.252M.

Youre not kidding. I was looking at zillow yesterday and there are almost as many houses over $5MM in Atherton alone, as there are in all of Michigan.

 

[tinselwolverine]

Atherton, CA has a cost of living index for housing of 2704.4. Ann Arbor's is 164.2. So the difference in housing between Harbaugh's house in CA and a house in Ann Arbor would be 1547%.

So not 5-6 mill. More like 840K, but that's just for those particular cities in CA and MI. Atherton, CA is insanely expensive. The median home cost there is $6.252M.

Nice job.

That?s kinda what I was thinkin,? but I din?t know a metric to measure it against.

 

[tinselwolverine]

Youre not kidding. I was looking at zillow yesterday and there are almost as many houses over $5MM in Atherton alone, as there are in all of Michigan.

That?s funny.

According to this, from your favorite media source, it?s the chicoms who are driving up the price of property in Atherton.

 

[Mitchrapp]

Atherton, CA has a cost of living index for housing of 2704.4. Ann Arbor's is 164.2. So the difference in housing between Harbaugh's house in CA and a house in Ann Arbor would be 1547%.

So not 5-6 mill. More like 840K, but that's just for those particular cities in CA and MI. Atherton, CA is insanely expensive. The median home cost there is $6.252M.

That is expensive.

 

[Michchamp]

That?s funny.

According to this, from your favorite media source, it?s the chicoms who are driving up the price of property in Atherton.

Hmmm...

Brokers say their buyers are all cash and that investors from China will often pay for a mansion sight unseen. It's easy money for the best brokers. Deleon is on track to do $500 million in sales this year. He's now buying a plane so he can show Chinese and Indian buyers the beautiful views of what they could be buying.​

Sounds like CA real estate is the investment haven for China's wealthy, much like NYC and Miami real estate are investment havens for Europe's and Latin America's wealthy. But of course, we could tweak tax laws to make this financially unfeasible, like higher taxes on non-owner occupied homes... but Billionaire bootlickers hate higher taxes on their richer "social superiors" and so cannot complain about Chicoms driving up the price of real estate, which will put Bootlickers into conflict with the more populist MAGA crowd on the Right...

 

[Michchamp]

I wonder who buy's Harbaugh's house? probably a shell company, within a shell company, for some casino owner in Macao

 

[Mitchrapp]

I wonder who buy's Harbaugh's house? probably a shell company, within a shell company, for some casino owner in Macao

I suspect price tops out at 8m.

 

[tinselwolverine]

I suspect price tops out at 8m.

It?s a sellers market, dude.

 

[zyxt9]

A 13-million house with a stacked washer-dryer?

Picture #11 shows the main laundry room with larger, side-by-side washer dryer. Picture #33 shows secondary laundry room with stacked.

Either the secondary is upstairs closer to bedrooms and is used for doing the daily clothes while the other is used for bigger items like bedspreads, or the 2nd is used by guests who are visiting for longer periods. Or if they had a live-in assistant, that was their laundry room.

It is an 8,000 sqft home, multiple options and reasons to have 2 laundry rooms.

Having laundry rooms on 2nd floor near bedrooms is finally catching on. It makes little sense to schlep up and down the stairs when a little forethought improves efficiency and convenience. Over next decade I believe more older homes will be retro-fitted with upstairs laundry, even if it results in stacked machines due to lack of space and connectors.

 

[Spartanmack]

Atherton, CA has a cost of living index for housing of 2704.4. Ann Arbor's is 164.2. So the difference in housing between Harbaugh's house in CA and a house in Ann Arbor would be 1547%.

So not 5-6 mill. More like 840K, but that's just for those particular cities in CA and MI. Atherton, CA is insanely expensive. The median home cost there is $6.252M.

The COL index doesn't work quite like that - $840k in Ann Arbor won't get you anything close to that house. You can get about 4,000 sq ft on a couple acres in the sticks and about 2.8k sq ft on .16 acres in town for just under $1mm.

That house in AA is probably over $4. This listing is smaller but on more land and is $4.5mm

 

[Mitchrapp]

It?s a sellers market, dude.

Rich people like that want to build their own custom house.

 

[Spartanmack]

I suspect price tops out at 8m.

i'll take the over. The median listing price in Atherton is $10.5mm. there are about 5 houses around $13mm, Harbaugh's is bigger than most and on more land.

 

[Spartanmack]

Picture #11 shows the main laundry room with larger, side-by-side washer dryer. Picture #33 shows secondary laundry room with stacked.

Either the secondary is upstairs closer to bedrooms and is used for doing the daily clothes while the other is used for bigger items like bedspreads, or the 2nd is used by guests who are visiting for longer periods. Or if they had a live-in assistant, that was their laundry room.

It is an 8,000 sqft home, multiple options and reasons to have 2 laundry rooms.

Having laundry rooms on 2nd floor near bedrooms is finally catching on. It makes little sense to schlep up and down the stairs when a little forethought improves efficiency and convenience. Over next decade I believe more older homes will be retro-fitted with upstairs laundry, even if it results in stacked machines due to lack of space and connectors.

Good catch - looks like it's actually the guest/pool house laundry room. Stacking machines are better if you're not 5'3" - less bending over and more counterspace. We are definitely going to add a second floor laundry room when we renovate and add on to our house.

 

[Spartanmack]

It?s a sellers market, dude.

approaching 60 days on the market, he may need to cut the price. The taxes are only $91k/year so he can probably hold out a little longer.

 

[Michchamp]

it stopped being a sellers market a couple months ago.

I'm seeing things sit for weeks around me now, without offers.

the CARES bailout rescue money ran out, I guess.

gonna be a buyer's market soon?

 

[Spartanmack]

it's cooled off a bit as the seasonal move out buyers are done for now, but still a sellers market here in NJ. Presumably it's still a sellers market in/around SF/Silicon Valley with tech stocks near all time highs.

 

[thewolverines24]

it stopped being a sellers market a couple months ago.

I'm seeing things sit for weeks around me now, without offers.

the CARES bailout rescue money ran out, I guess.

gonna be a buyer's market soon?

Considering homes were being way overvalued, a regression to normal had to happen.