Twas’ The Night Before Listing: Sellers Beware! House Happenings Part 3
Twas two days after renovations and all through the house were wood floors and new carpet, no need to grouse.
All the rooms were picked up, all nice and clean, most everything was hidden and not seen.
When what to our frustrated ears do we hear, “You’ll never get the price you want, is that clear?”
At first we were rigid and oh so confused, we have so much square footage, a backyard you can cruise.
“Location, Location, Location’s the key.” We never understood before, but now,we see.
According to the rules and laws of the land, no matter how big, no matter how grand,
if we list our home way above any other, we cannot, will not get it, oh bother!
No matter how much other homes get per sq. foot, our hands are tied, way firm is the root.
Though our house is bigger, our yard is grand, we cannot, cannot go against the laws of the land!
Okay, my feeble attempt to have fun with a very frustrating situation. We’re all done with renovations. Wood floors look great. New carpet, clean and wonderful. We hoped to make our home look its best so we could get the best $$ per square foot which ranges from $65 – $80 for two stories, most two-stories selling on the low end, while one stories get higher $$ per sq. foot. Go figure!
So we’re hoping to get $75 -$79 a sq foot, and come to realize that it doesn’t matter how big our home is or how huge the back yard is compared to the rest of the neighborhood, we CANNOT (I’m talking, it would be illegal and buyers won’t get a bank to loan the money) go over the “selling cap” in the neighborhood!
Big time frustration. “So you mean my exact home, with the same yard three miles down the road would sell for $20,000 more just because of the location?” Yep.
“So, no matter how much more money I sink into the house, it doesn’t matter because I won’t get any more for it even it I put in granite counter tops.” Yep.
“And even though a one story across the street with an microscopic backyard went for $75 a sq. foot, my house can’t go for that much because it has more sq. footage and at that rate it would price us out of the neighborhood.” You got that right!
Well, I say that should be criminal!!!!
And ya think with my husband’s mom as a realtor we would have understood the concept BEFORE! Good thing we did the minimal amount of work (word floors were only $500 extra than carpeting the area and we did it ourselves!) So we’ve decided to go For Sale by Owner, to save on the realtors fees, but hubby informed me that buyers are going to WANT the savings factored in! Oy Vey! When will the robbery end! I’m hoping we can sell our home for a FAIR price and walk away. It’s been a great house for us, though its floor plan seems to be less desireable in the town we live in! Please pray the right buyers come along and fast! We close on the new/old house on September 15!
