This sent in by a reader, Aunt Mary [edited by us, with pictures and MLS links]:
I just found out that my neighbors up the street were able to sell
their home after only 2, maybe 3, weeks on the market.
Our neighbors were a lovely couple who, while living in the house, remodelled their home over the last 2 1/2 years with the intention of staying put (not flipping the property). But an out-of-state job offer was too good to pass up so they decided to sell. If I had the money I would’ve made an offer. The house was lovely. 90% of the furniture and accent pieces actually belonged to the owners (so no full on staging was done). I think it sold for $1.21M [yes it did.]
Right across the street from #56 is this property. It was flipped and the quality and workmanship was lacking (even by flipping standards) [agreed, and purchased in Nov, 2006 for $805,000].
I think this home went on the market in February [yes, for $988,000]. The
bathrooms and kitchen were not quite done at the first open house and the old washer and dryer (from the 1970′s I think) were still there (no new machines included). The “bedroom” downstairs, although done with permits, could hardly fit much more than a full sized bed. I don’t know if #43 has sold [nope...expired in June at $975,000], but the “For Sale” sign on the (now brown grass) lawn is gone and there’s no evidence of new owners yet. Both homes had an asking price of just under $1M. [#43 was $988,000, #56 was $998,000.] (Although #43 increased and then lowered the price a couple times and switched agents once too) [we won't even get into that].
If the MLS photos are still there, you could see why the former sold so quickly and the latter home sat as long as it has. Seems like a perfect example of doing everything right versus everything wrong for a successful sale. [We would agree...anyone else?]
-56 Forest View Drive [mls]
-43 Forest View Drive [mls]
-A Tale of Two Districts [theFrontSteps]