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asphaltgambler asphaltgambler is offline
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Join Date: Nov 2004
Location: Nokesville, Va.
Posts: 8,225
Quote:
Originally Posted by notfarnow View Post
What is your agent saying?

price per sq/ft is not a very solid benchmark for comparing against other homes.

Easiest way to look at it, is to take a sample of 2-3 SOLD homes nearby that were as similar to yours, and try to gauge how much $$ a buyer would have spent to make yours comparable. (kitchen, bathrooms, fixtures, windows). Ultimately, that's what buyers are doing... they don't care about price per sq/ft or how much you have into it, or what quality of plywood was used (I have heard sellers try to use that as a reason to list for a higher price, no kidding)

In summary: the core issue is how the BUYERS see the value of your house vs the competition.
^^^Really solid advice clearly based on factual information - no different than when pricing a vehicle for sale. I don't care how much money and time you've invested, it's only worth what the market dictates^^^^^^
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Old 10-21-2015, 07:40 AM
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