Real Estate Agent: What should I expect?

[TheMalcolmConnection]

She said it was most likely price, so that's why we dropped it about $12,000. After that, we're smack in the middle of comparable houses, but this house is way newer than the others. Only problem is that EVERYONE moving in this town wants to live in Lexington proper and not in the actual county. I mean it was only a ten minute drive to my office in downtown, but people want walking distance and don't want to pay for it.

[mredskins]

Originally Posted by TheMalcolmConnection

She said it was most likely price, so that's why we dropped it about $12,000. After that, we're smack in the middle of comparable houses, but this house is way newer than the others. Only problem is that EVERYONE moving in this town wants to live in Lexington proper and not in the actual county. I mean it was only a ten minute drive to my office in downtown, but people want walking distance and don't want to pay for it.

Location location location is the name of the game in Real Estate. A older home in the right spot is better then a new home in the wrong spot. homes are not cars. Newer is not always better actually in most cases newer is less desirable because the best locations are taken by older homes.

Can always remodel can't pick the home up and put it in another spot.

How is your school district??? Desirable?

[TheMalcolmConnection]

Originally Posted by mredskins

Location location location is the name of the game in Real Estate. A older home in the right spot is better then a new home in the wrong spot. homes are not cars. Newer is not always better actually in most cases newer is less desirable because the best locations are taken by older homes.

Can always remodel can't pick the home up and put it in another spot.

How is your school district??? Desirable?

Definitely. Basically there are two locations in the county and we are in the one considered desirable, even though it's further outside of town. The way it works around here is that you either live in the City of Lexington and pay about $50,000 more for a home just for location or you move about 5-7 miles outside of town and save a bundle.

Maybe I'm biased, but we think the house is attractive, just wondering why we haven't had but two showings in that amount of time. I would definitely agree it was overpriced when we first listed it, but now it's in a sweet spot (at least I think so) and has been listed like that for around two weeks.