I hear people want move in ready...do they ever!

8 years ago

Houses in this price range move relatively quickly in my area, but we are talking weeks or months, not days. Except this one. When I saw it, I thought it was unusually updated and looked very HGTV. It was also priced about $30K above other houses that sold on that street. Yet it sold in days.

http://www.zillow.com/homedetails/W2924-Stillwater-Trl-Appleton-WI-54915/69737636_zpid/

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cpartist

8 years ago

The main difference I see between the two is not that one was updated more than the other but the staging and the photos. Plus the first house had double the square footage. Had house two been better staged with better photos, it too might have sold more quickly.

House two actually sold for more per square foot than 1 so that might be part of it too. House 1 was $97 a square foot and house 2 was $125 a square foot.

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Comments (8)

handmethathammer
Original Author
8 years ago
For a comparison, this one went up for sale on that same street this winter, and sold in a couple of months for $45K less. Still a cute home, but not quite as updated.

http://www.zillow.com/homes/for_sale/pmf,pf_pt/69737632_zpid/100000-300000_price/356-1068_mp/any_days/44.251057,-88.334244,44.24912,-88.33948_rect/17_zm/1_rs/
worthy
8 years ago
I value properties for mortgage purposes and wouldn't even attempt to "adjust" the two for comparison. House A is nearly 65% larger than House B.
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rrah
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You're talking about apples and oranges. The first house has an additional bathroom, additional garage bay, and a finished basement. Those 3 things alone can add nearly $30,000 to an appraisal. I'm guessing the additional square feet includes the finished basement so above ground size is not that different.
Dana Iungerich
8 years ago
House number two had so many errors with their posting. HORRIBLE pictures, bad lighting, bad angles. Too much clutter (and posting a picture of the clutter? WHY???). All simple (and free) fixes, I would fire my agent if they put up those pictures online.
ncrealestateguy
8 years ago
It is not the agents responsibility to clean the seller's home. Only to offer advice as to how to best market it. You would not believe how many people out there have no self respect for their homes nor themselves.
handmethathammer
Original Author
8 years ago
I guess I was more surprised in how quickly it sold than the price difference. It had to have an offer before it went for sale.
lucy132
8 years ago
Some factors are not visible in photos. I went to an open house this weekend - beautiful house and the house was packed - literally squeezing past other people packed - but when you went upstairs there was a strong unpleasant smell of long term cigarette smoking in the house. Things like that can lower the price a buyer is willing to pay.

I hear people want move in ready...do they ever!

cpartist

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handmethathammer
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worthy

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I hear people want move in ready...do they ever!

cpartist

Comments (8)

handmethathammerOriginal Author

worthy

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rrah

Dana Iungerich

ncrealestateguy

handmethathammerOriginal Author

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handmethathammer
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handmethathammer
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