apartment therapy changing the world, one room at a time

I think if I won, I'd move into the guest house and rent out the main house.

Ugh.

(that refers to both the outside and inside).

A quasi-Spanish-Mediterranean-Victorian...

Definitely the payout!!

Oh, boy! Another master bedroom with a tray ceiling! Yawn.

I agree that much of the interior is a bit gaudy (judging by the heavily photoshopped images) but I have seen the outside of the house in person and it does blend rather seemlessly with the Edwardian neighborhood. If you were just driving by you wouldn't notice that it was brand new.

um, sorry, but the last thing i'd be worried about on a FREE house is the style of ceiling.

But it's not free - you have to pay $150 for a chance to win.

You'll also have to pay taxes on the winnings. And I wonder what the property taxes on this place would be.

Even if it were free, I think it's still valid to call out the bog-standard-ness of the interior. This is a decor blog, after all, not a free house blog.

may be mistaken, but think the whole house is p-shopped.

You would have to pay taxes on the assessed value each year (standard property taxes) plus windfall tax. Maybe you could get a loan in this tight lending market for the windfall but at the assessed value listed, the taxes would be about 26k a year? Hardly free living. Ask any of the HGTV dream home winners what winning has done to them.

If I won it, I'd sell it asap to pay the tax bill and pocket what ever proceeds are left, eating cap gains and the windfall taxes. You wouldn't make nearly as much as you'd think.

I would definitely take the payout instead. If Renngrrl's property tax calculation is accurate, the monthly breakdown would be just slightly less than what we pay for our entire mortgage.

I don't think we could cover that and pay the "winning taxes" on the entire assessed amount.

"If I won it, I'd sell it asap to pay the tax bill and pocket what ever proceeds are left, eating cap gains and the windfall taxes. You wouldn't make nearly as much as you'd think."

They offer the option of taking $1.8MM in cash rather than the house - so after taxes, you'd be left with about a Million.

Not MY dream house!

even if the property taxes were 26k per year, it costs way more that that to *rent* just a 2-bedroom in San Francisco in today's market...

the outer sunset's much better than the inner sunset. Except when the entire city is sunny and everything west of 36 st (Sunset Blvd) is mired in pea-soup fog.

Does it come with a maid?! It would take me half a day to clean 4.5 bathrooms. :-)

"Outer Sunset better than the Inner Sunset"?

Maybe if you like front yards paved over with cement and painted green, fog so thick you can't see the end of your block, buses and trains that never show up, and having to walk many blocks before you can even find a store.

I've lived in both Inner and Outer, and can assure you that Inner Sunset is MUCH better. The neighborhood where this house is located is great. You can walk to many many shops and Golden Gate Park within minutes.

[EXACTLY, ratita. my current SF rent is a little over 2k a month for about 800 sq ft. one bedroom apt. i'd rather be paying that in taxes for a home about over 4,000 sq ft, with a rooftop deck, garage, yard, guest house, etc.]

also: i'm pretty sure i'm winning, so everyone kvetching can move on to another post. i'll take my 1.8 mil and buy a super rad warehouse loft and then y'all can complain about my decorating taste in a future post. :)

thanks.

Win...Sell...Build my own dream house.

scoobydubious- i was joking!

if you surf the outer is the place...

BTW, have you noticed the subculture of the sunset; thuggish folks who claim an Irish lineage and another Asian one that seems to have some steak in the tropical fish trade...

Take the cash. A lot of the SF real estate blogs say the house is not near the "$2.4" it is advertised for.

The winners of a similar raffle in Marin couldn't afford the property taxes.

IF the house is assesed at 2.4 the taxes could be as high as $46,000 a year in SF.

Fjorder-

You may have been joking, but it's difficult to detect that in print because I've actually heard some people make those claims (in all sincerity)!

Well, it IS quiet out there in the Outer Sunset. I'll give it points for that if you're tired of street noise.

All this crown moulding is like some creeping fungus infecting every corner. Eeeeeeeek! The horror!

http://kayingleside.com

I'd rather take the payout.

More space does not mean better quality of space.

Living in the Sunset. I don't think so..

If you looked up "McMansion" in the dictionary I suspect you'd just find a photo of this house. Bleh.

Yeah my friend lives in the sunset and its like another planet- but that area near GG is nice, not sure about quiet.

And aren't there a bunch of chances to win like vacations, cars and some other cash, with bonus drawings?

So I pick up one-ticket early on in the raffle and maybe, who knows, I get lucky.

Zoe