eugene oregon real estate blog

Technology, trends, and editorials.

Reasonably priced home near College Hill - $195 sq ft.

Filed under: First Time Buyers, Homes, Investment Real Estate — luke at 10:03 pm on Wednesday, December 27, 2006

$339,000 is a reasonable price for College Hill, and for this home. At least on the surface. It looks like it was recently remodeled, and that they put at least some work into the landscaping - not typical for many homes near Amazon, or in this part of South Eugene.

A friend told me that homes in this area have been going for ridiculous prices lately. This isn’t a ridiculous price so definitely worth a look if you’re shopping.

[tags]college hill eugene, eugene home[/tags]

Popularity: 33% [?]

What is the average price/Sq ft for commercial real estate in downtown Eugene?

Filed under: Builders, Commercial Real Estate, Investment Real Estate, Real Estate News — luke at 1:29 am on Friday, December 22, 2006

This $8M building is going for $108.18 sq ft.

Several months ago I read an article in the Eugene Weekly, an interview with Don Woolley. He talked about how you determine the value of a building. Or how he does anyway.

He said that, on average, you will take the yearly projected or real rent revenue and divide by about 9.5%. So for this building we can assume he would need to collect $760K/yr in rent. Or about $10 sq ft.

What’s great about Whoolley’s interview is how he pegged Lazaar’s (shoe shop) at $.25 sq ft for rent, with a 9.5% divisor. In essence he was saying that Lazaar’s building, assuming it’s about 3500 sq ft, is worth about $110k for the building alone. With the land adding another 25% to that?

If that’s the case, for property on downtown Broadway, then the city had better pay a very low price for the proposed Downtown Collective. Since it may or may not come with a shaman, a bagwan, and a tainted salad bar.

Popularity: 100% [?]

Here’s the vflyer - That’s not $50, that’s $50 trillion. We’ll call this sample an “overlay”

Filed under: Marketing Online, Tools — luke at 11:13 pm on Wednesday, December 20, 2006
My little cabin
Main Photo
Somewhere on the eastern seaboard.
Features
Bedrooms: 14
Bathrooms: 12
Parking: 3
Year Built: 1901
Garage Size: 1
Pricing
Asking Price: $50.23
Flexibility: Firm
Attributes
Appliances
Range/Oven
Full Refrigerator
Sink Disposal
Microwave
Trash Compactor
Interior Amenities
Fireplace
Kitchen Island
Exterior Amenities
Patio
Grass Lawn
Tool Shed

Popularity: 31% [?]

vFlyer - post your home to multiple sites at once, for free

Filed under: Marketing Online, Tools — luke at 7:32 pm on Monday, December 18, 2006

vFlyer offers a sample.

This service allows agents and sellers to upload a classified ad, distribute it, and export to HTML or PDF to post on a website. The first step involves basic information any free service would request. For some reason they don’t require last name (?). They ask that you create an account name hosted by their server at vflyer.com. Such as mybiz.vflyer.com. The form detects in real-time if an account with that name has already been created.

After submitting the form they request that you check your email for a confirmation code. Probably to prevent spam. My gmail account didn’t consider it spam, which was helpful.

Next up you’re directed to a “create form” page in. They give your four steps, and they are indeed easy. Select a category for the classified ad, then fill in all the text forms in step two. You can “add attributes” by filling in a simple text field and checking that option.

Then it’s time to choose a template from 14. Oddly, the preview for each templates wasn’t working for me. Sometimes it did, but there was a long delay.

Once you’ve completed all the information, added attributes, uploaded pictures or created a gallery…it’s time to post. vFlyer lets you post to Oodle, Propsmart, Edgeio, Trulia, Googlebase, Vast, and Others. Others means that you want to add your flyer to all upcoming partners. This could be worded a little better - “Other” sounds as if you can select from a long list of second-tier online classified sites. Not sure why craigslist isn’t here, although I imagine it’s because craigslist likes to be different..

Next post will feature a sample and the final impression!

Popularity: 7% [?]