Real Estate: February 2009 Archives

How to Sell the Cottage

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I spent all day looking at assisted living facilities in San Diego County this past week. My sister Maureen and I had planned this for about 2 weeks then at the last moment, my brother Eric could join us. I was pleased that the three of us would share this experience and begin to develop a common vocabulary to describe the options facing my parents.

It was coincidental that during the course of the day, we went from the least expensive, Atria in Encinitas, to the most expensive, Carlsbad by the Sea. I flipped over CBTS, it reminded me of my apartment at Lincoln Center in New York City years ago. It was right in the center of town, so simple opportunities to visit the hardware store, a restaurant, a book store, all this as accessible as crossing the street. But just how expensive is it? I'm calling back for more details, but at CBTS you have 'entrance fees' starting as low as $77,000 (for the maintenance man's broom closet, I quipped) and up. We were showed a beautiful 2-bedroom unit facing the hubbub of downtown for $450,000. And that got me thinking...