Kobe's House for Sale
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Laker Lover
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PostPosted: Fri Jul 25, 2014 10:16 am    Post subject:
Kobe bought the house in 1997 for 1.7 million and is asking over 8 million.

Guess the upgrades on the house were pretty significant.
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jonnybravo
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PostPosted: Fri Jul 25, 2014 11:40 am    Post subject:
Laker Lover wrote:
Kobe bought the house in 1997 for 1.7 million and is asking over 8 million.

Guess the upgrades on the house were pretty significant.


I'm guessing the real estate market in 2014 has more to do with it than any upgrades.
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marga86
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PostPosted: Fri Jul 25, 2014 11:57 am    Post subject:
Hector the Pup wrote:
Very house. Much real estate.


Isn't it, such house, much real estate?

pls confirm
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L24kers
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PostPosted: Fri Jul 25, 2014 12:16 pm    Post subject:
Chris Bosh's home that is on the market makes Kobe's home look like child's play.
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ContagiousInspiration
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PostPosted: Fri Jul 25, 2014 12:20 pm    Post subject:
He got rid of Pau because he wanted his casa .. U casa Kobe's casa
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PostMalone24
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PostPosted: Fri Jul 25, 2014 12:21 pm    Post subject:
Kobe hear me out!
I got 9million in in-game currency you accept ^_^?
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ContagiousInspiration
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PostPosted: Fri Jul 25, 2014 12:21 pm    Post subject:
jonnybravo wrote:
Laker Lover wrote:
Kobe bought the house in 1997 for 1.7 million and is asking over 8 million.

Guess the upgrades on the house were pretty significant.


I'm guessing the real estate market in 2014 has more to do with it than any upgrades.


Kobe has pissed on it
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Lin
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PostPosted: Fri Jul 25, 2014 12:38 pm    Post subject:
Laker Lover wrote:
Kobe bought the house in 1997 for 1.7 million and is asking over 8 million.

Guess the upgrades on the house were pretty significant.


It's the land that appreciates more than the house itself.
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mga911
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PostPosted: Fri Jul 25, 2014 1:02 pm    Post subject:
This article is from 2013.
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VALakerFan80
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PostPosted: Sat Jul 26, 2014 10:44 pm    Post subject:
Did anyone care to look at the date of the article? 2013...
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Hammett
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PostPosted: Sun Jul 27, 2014 12:30 am    Post subject:
Lin wrote:
Laker Lover wrote:
Kobe bought the house in 1997 for 1.7 million and is asking over 8 million.

Guess the upgrades on the house were pretty significant.


It's the land that appreciates more than the house itself.


I'm sure having Kobe's name attached to the house raises it as well?

Imagine the deals celebrities could cut with realtors.
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ADA32
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PostPosted: Sun Jul 27, 2014 6:06 am    Post subject:
I am not in the market for a house!
But last checked they reduced the price to $7.9m as of April 7, 2014.
Wow, $600,000.00!

http://www.realtor.com/news/kobe-bryant-cuts-price-shark-tank-mansion/
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vicman
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PostPosted: Sun Jul 27, 2014 6:27 am    Post subject:
ADA32 wrote:
I am not in the market for a house!
But last checked they reduced the price to $7.9m as of April 7, 2014.
Wow, $600,000.00!

http://www.realtor.com/news/kobe-bryant-cuts-price-shark-tank-mansion/


that's not that huge of a price cut. Being a realtor I can tell you what happened they probably had the realtor tell them what they want to hear or let the Kobe dictate the price. The price of real estate is all about comparable sales. Unless someone is buying all cash you cant sell a house for more than its worth because a star lived there because there will be an appraisal to deal with. Most people wont pay more then appraised value because they don't have the extra cash to pay it. Now in Chinese markets those rules go out the window because they usually buy all cash. but if it is not all cash then the comparable sales drive the price
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