February 27, 2007

Speaking Of Savings (And Subtle Signs) At Arterra

We couldn’t help but notice that the original MLS listing for 300 Berry #446 (Arterra) has been withdrawn and replaced with a new listing and a price tag that’s $10,000 less ($815,000). Combined with the current sales incentives (~$12,000 for this unit), that’s an effective savings of ~$22,000 (2.7%).

And perhaps less subtly, last August the Arterra sales center was advertising two-bedrooms “from the $780,000’s.” Yesterday, an Arterra two bedroom (300 Berry #511) was listed on the MLS for $720,000 (a difference of 7.7%).

∙ Listing: 300 Berry #446 (2/2) - $815,000 [MLS]
Evidence Of A Price Reduction At Arterra? [SocketSite]
Arterra and The Hayes: Sales Centers [SocketSite]
∙ Listing: 300 Berry #511 (2/1) - $815,000 [MLS]

First Published: February 27, 2007 6:05 AM

Comments from "Plugged In" Readers

Fifth floor (probably directly over garage?) and these are probably facing the tracks. I am wondering how much the noise level from the trains will decrease with each floor.

Posted by: outsider at February 27, 2007 12:57 PM

I pass by their sales office every now and then. It seems it's even quieter in their office than here in this thread. Funny how indifferent people feel about Arterra.

Posted by: Anonymous at February 28, 2007 10:34 AM

Funny I can't find any Arterra condos on the multiple listing service by doing an indepedent search, but only by clicking on the links here. Does that mean that you don't get all the listings that fall within your parameters when you do a search on the multiple listing service?

Posted by: anonymous at March 1, 2007 10:08 AM

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