Amateurs & Experts Guess How Much an LA House with an Ocean View Costs | Architectural Digest | Summary and Q&A

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September 26, 2019
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Amateurs & Experts Guess How Much an LA House with an Ocean View Costs | Architectural Digest

TL;DR

Four individuals with different real estate experience compete to guess the selling price of a modern luxury home in Culver City, Los Angeles, based on its features and amenities.

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Key Insights

  • 💗 Culver City is a growing city within Los Angeles County, attracting young families and offering a thriving art scene.
  • 🤣 The open floor plan and contemporary design of the home contribute to its perceived value.
  • 🫵 The ocean view and large grass area for outdoor enjoyment add to the luxury appeal.
  • 👪 The home's amenities, such as quartz countertops, porcelain OSA tile, and a Crestron smart home system, cater to a specific type of luxury homebuyer.

Transcript

but I think quartz is that stuff that's kind of shiny it's like a rock it's like marble except it has like little glimmery bits in it it's like glitter marble and so that's bougie I'm real-estate agent James Harris and I sold this house now I'm challenging three people with different real estate experience to try and guess how much it sold for hi I... Read More

Questions & Answers

Q: What is the selling price of the luxury home in Culver City?

The selling price is revealed to be $3.6 million, which surprises the participants, as it is lower than their initial guesses.

Q: What sets this luxury home apart from others?

The contemporary design, open floor plan, high-end amenities, and ocean view make this home stand out in the Culver City real estate market.

Q: What were some key factors considered in pricing the home?

The size of the house, new construction status, ocean views, and luxury amenities were important factors in determining the selling price.

Q: How does the location of the home impact its value?

Culver City is an up-and-coming neighborhood in Los Angeles, known for its proximity to parks, restaurants, and entertainment options. The Crest streets, where this home is located, offer sought-after views.

Summary & Key Takeaways

  • Four participants with varying real estate knowledge try to guess the selling price of a luxury home in Culver City, Los Angeles.

  • The house is a newly constructed, contemporary-style residence with five bedrooms, six baths, and 4,200 square feet of living space.

  • Key features and amenities include an ocean view, infinity pool, open floor plan, quartz countertops, porcelain OSA tile, and Crestron smart home system.

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