- bubbleinfo.com - http://www.bubbleinfo.com -
Showdown on Baroque
Posted By Jim the Realtor On March 19, 2009 @ 7:01 am In Thinking of Buying?,Thinking of Selling? | 9 Comments
[1]When I was discussing with the private-party owner of this 4 br/2.5 ba, 1,999sf house on Baroque in Oceanside, we thought $399,900 was an attractive price – she had paid $565,000 in August 2006.
There’s a 2,300sf house across the street that backs up to the slope instead of having a view. It listed last month on the range $375,000 to $425,000, and went pending after nine days.
My listing is at the very end of the culdesac, and has this view:
But we’re not taking it for granted, the seller also had new paint and carpet installed, and it’s vacant/easy to show too.
As the carpet installers were wrapping up on Monday, an agent called who was listing a home down the street. She said it was a 3 br/2.5 ba, 1,739sf house, and her manager told her to consider all the comps (she had 23) and then knock off 5% because it’s a short sale. She thought she’d be listing it around $320,000 to $330,000.
[3]Instead, on Tuesday it hit the market at $306,750.
We had thought our $399,900 would look pretty attractive, but now we have our hands full.
There’s also another sign in front of a foreclosed property on the street that isn’t on the open market yet.
What we thought to be a manageable sale has now turned uncertain. If you are thinking of selling, one of your biggest concerns is the other potential sellers nearby mucking up your chances - get it done!
Article printed from bubbleinfo.com: http://www.bubbleinfo.com
URL to article: http://www.bubbleinfo.com/2009/03/19/showdown-on-baroque/
URLs in this post:
[1] Image: http://www.bubbleinfo.com/wp-content/uploads/2009/03/baroquevcampdixon-023.jpg
[2] Image: http://www.bubbleinfo.com/wp-content/uploads/2009/03/baroquevcampdixon-035.jpg
[3] Image: http://www.bubbleinfo.com/wp-content/uploads/2009/03/baroquevcampdixon-047.jpg
Click here to print.
Copyright © 2009 bubbleinfo.com. All rights reserved.