Wishful thinking or just clueless?
Posted: Thu Aug 02, 2007 3:39 pmThe lack of huge subdivisions filled with cookie-cutter tract homes in the greater Seattle area makes it harder to find identical floorplans for sale in the the same area. But I stumbled upon two on Bainbridge Island that are in the same tract, even if the sellers live in two different worlds.
Listing #1
Asking price is $629k, but it's been on the market for 83 days.
Listing#2
Asking price is $667k, only on the market for 10 days.
Same floorplan, same tract, same lot size. While there does appear to be 44 more square feet in this house does that really justify an asking price that is $38,000 higher than the same house around the corner? Especially one that hasn't sold in almost 3 months?
Looking further, I see the homeowner has listed with a "do-it-yourself" rather than a realtor. I wonder if a realtor suggested an asking price the owner didn't like and they decided they could do better on their own?
At any rate, it'll be interesting to watch these two and see if they race to the bottom over the next few weeks.
Listing #1
Asking price is $629k, but it's been on the market for 83 days.
Listing#2
Asking price is $667k, only on the market for 10 days.
Same floorplan, same tract, same lot size. While there does appear to be 44 more square feet in this house does that really justify an asking price that is $38,000 higher than the same house around the corner? Especially one that hasn't sold in almost 3 months?
Looking further, I see the homeowner has listed with a "do-it-yourself" rather than a realtor. I wonder if a realtor suggested an asking price the owner didn't like and they decided they could do better on their own?
At any rate, it'll be interesting to watch these two and see if they race to the bottom over the next few weeks.