General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated 17 days ago, 12/06/2024
Need Advice: Selling the Biggest House in the Neighborhood Problem
Hey everyone,
I’m running into a challenge with selling my property and would love to get your feedback. The house is 3,700 sq ft and currently listed at $108/sq ft, which is well below the $135–$155/sq ft range for other homes in the neighborhood. Despite the competitive pricing and the fact that it’s been completely remodeled (new roof, HVAC units, windows, floors, appliances—you name it), it’s still sitting on the market.
I’m trying to figure out how to get this property to sell faster while still turning a profit. I realize being the largest house in the neighborhood can be a drawback, but I thought the upgrades and price point would offset that.
Does anyone have tips or strategies for marketing a property like this? Or ways to address the “biggest house in the neighborhood” issue? I’m open to any advice you can offer!
Thanks in advance for your help