Updated about 6 years ago on . Most recent reply
7 showings in 3 months
I'm working on my 2nd flip in Jacksonville FL's Murray Hill area. Initially listing the property at $170K to see how desirable the property was and attempting to maximize profit (which looking back at probably wasn't such a smart idea) we're currently down to $140K. I've gotten a sporadic 7 showings in these 3 months but overall the feedback has been positive, even going back to when the pricing was as high as $155K the feedback that we got was that the house was priced well.
The only negative feedback is the location......
Anyone familiar with Jacksonville knows that Murray Hill is a great area with a plethora of rehabs on the market but the negatives are that the house is off of a busier service road and 2 blocks away from a busy street. That being said, I don't think that alone justifies the amount of showings, I would imagine that would be something that people realize when they actually view the property.
I'm trying to offload the property ASAP but I'm not 100% sold that dropping the price is the answer. I've been second guessing everything from exterior paint, limited staging, not creating a larger usage space for the kitchen etc.
Is there anything that you see that I’m missing or anything that I should change? I’ve provided the link to the property below
https://www.zillow.com/homedetails/4842-Plymouth-St-Jacksonville-FL-32205/44472812_zpid/
Most Popular Reply
@Demetrius Johnson
I think the price is a little bit high for a smaller 2 bedroom 1 bath. And even though you are in Murray Hill you are not "in" murray hill..you are on the extreme outskirts on an incredibly busy cut through road. You really can't even back out of out of your own driveway without waiting 5 minutes for cars to go by or risk getting hit by oncoming traffic. The photos are great I just don't think you are in a very desirable location for that kind of money.
I think people that pay that kind of money for that size home wanna be about 8 streets over closer to the core of murray hill on a nice quiet side street.