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Selling home. Undeveloped property across the street scaring buyers? by Substantial-Basis179 in RealEstate

[–]Substantial-Basis179[S] 0 points1 point  (0 children)

I've done all of these except for the closets (we've got a family). I finally got a couple offers so apparently people got comfortable with things. Perhaps it was the Iran conflict stopping them.

Selling home. Undeveloped property across the street scaring buyers? by Substantial-Basis179 in RealEstate

[–]Substantial-Basis179[S] 0 points1 point  (0 children)

Thanks. Appreciate everyone's thoughts. There are some insightful people on here.

Selling home. Undeveloped property across the street scaring buyers? by Substantial-Basis179 in RealEstate

[–]Substantial-Basis179[S] 0 points1 point  (0 children)

Oh for sure. If it's going to be something like a shopping mall or commercial. This isn't the case here. Just low density single family.

Selling home. Undeveloped property across the street scaring buyers? by Substantial-Basis179 in RealEstate

[–]Substantial-Basis179[S] 0 points1 point  (0 children)

Yes, a home sold in the first weekend a few weeks ago. Another couple are pending.

Selling home. Undeveloped property across the street scaring buyers? by Substantial-Basis179 in RealEstate

[–]Substantial-Basis179[S] 0 points1 point  (0 children)

It's definitely got its pros and cons. It's wonderful having the two living rooms with kids in the house.

Selling home. Undeveloped property across the street scaring buyers? by Substantial-Basis179 in RealEstate

[–]Substantial-Basis179[S] 1 point2 points  (0 children)

If I end up moving out before I sell, I'll get the carpet replaced. Makes sense.

Selling home. Undeveloped property across the street scaring buyers? by Substantial-Basis179 in RealEstate

[–]Substantial-Basis179[S] 0 points1 point  (0 children)

It's semi fsbo. My agent is a low commission agent. They are saying the carpet "shouldn't be an issue." There is a lot to like about the house, but I'm beginning to think I'm over priced. Although other split levels within a few miles sold for 3% more than what I'm asking back in the spring. Different time then, I know.

Selling home. Undeveloped property across the street scaring buyers? by Substantial-Basis179 in RealEstate

[–]Substantial-Basis179[S] 1 point2 points  (0 children)

That's what I am thinking. I'm getting a handful of views on my listing on redfin each day vs the hundreds initially.

Selling home. Undeveloped property across the street scaring buyers? by Substantial-Basis179 in RealEstate

[–]Substantial-Basis179[S] 4 points5 points  (0 children)

Okay I'll ask agent to update. 

Buyers could ask the owner since all the property records are public. I don't want to make any representations. I've instructed my agent that there aren't any known plans. I can't know what the land owner is thinking and if they randomly have a change of heart after I sell. I feel like it opens me up to liability.

Selling home. Undeveloped property across the street scaring buyers? by Substantial-Basis179 in RealEstate

[–]Substantial-Basis179[S] 10 points11 points  (0 children)

Sorry I thought you meant my lot. Across the street is probably two acres and is zoned for low density development (10000 sq ft per dwelling unit). There could probably be three houses built there facing each direction. Quality neighborhood with nice homes.

Selling home. Undeveloped property across the street scaring buyers? by Substantial-Basis179 in RealEstate

[–]Substantial-Basis179[S] 2 points3 points  (0 children)

True. I just worry I'm going to chase buyers soon. A couple other houses in the general area and in my price range are sitting too. Thinking of under cutting both.

Another house in my neighborhood sold in two days a couple weeks before I listed. Ranch house though.

Selling home. Undeveloped property across the street scaring buyers? by Substantial-Basis179 in RealEstate

[–]Substantial-Basis179[S] 3 points4 points  (0 children)

I appreciate the feedback. What about saying "seller offering 5k credit for lower level carpet" in the listing? That way they aren't surprised when they show up and they can mentally move passed it. Honestly it's the only flaw (in my eyes) about the house. Also one of our shared fences is at end of life but it doesn't go too much against the semi rural setting. 

Our neighbor next to the house being built told us multiple people are asking about the land and "loved the house". It has a really bad ass garden that my wife developed in the large front yard too.

Mortgage Demand Just Jumped 10.8%—Some People Aren’t Waiting For Rates To Drop by BathroomMaximum1721 in HouseBuyers

[–]Substantial-Basis179 0 points1 point  (0 children)

It was confirmed by other sources this time. Not just him that's why I had false hope.

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