Try having your Realtor run comps in the town for 3 bedroom and only 1 full bath. Another words treat this as 1 bath home and see what sale figures you come up with.
The 1/2 bath in the basement could then just be considered a bonus added onto these sale results.
Just a thought!
Keller Williams Village Square
Good luck to you,
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I agree with Chris. I would comp this out as a 1 full bath house.
Since it's a ranch, (as opposed to a 2 story home with a full bath on the bedroom level and the 1/2 bath in the basement), it changes the situation about re-sale vs purchase price just a bit. In my experience it's a much better situation if 1) the 1/2 bath is in a finished basement, which it is. and 2) if the basement has outside access as well as inside access. Those two factors make the 1/2 bath in the basement less of an issue.
If the house is priced competatively, and the sellers haven't lowered their price in 6 months, then either they had a great Realtor who did the initial market analysis and came up with the "right" list price, and / or the sellers are "stuck" on a price they want. When your Realtor does the market analysis, see if those numbers bear out the list price (with a bit of negotiation room).
Good luck !!!
Okay, you've asked two different questions here, let me address them individually.
1) Would "having half bath in the basement will affect resale value"?
A: Depends. Do the comparative houses in the area have their half baths somewhere more useful? How many floors does this house have? If it's two stories plus a basement, that would be harder to justify a basement 1/2 bath than if there's just one floor and a basement. If that's the only thing you're concerned about, then I think you're in good shape.
2) "the house has been on the market over 180 days".
That can mean a lot of things, and not always bad. In NJ, the typical selling "season" is spring, summer and fall, with fewer sales in winter, so the house went on the market just as the market was slowing down. Then, because the market was slowing, the house was sitting, or "getting stale" as we say in the industry, which makes it less marketable, so it can be a downward spiral through no fault of the property. Six months on the market, though, does tend to make the sellers more nervous or anxious which can motivate them. It could also mean that the price is too high. All things to consider when you're formulating your offer price. Good luck!
So yes it will affect resale value, but you should be paying a bit less to buy the house, and selling it a bit less when you DO sell, so relatively speaking it's a wash.
IMHO, problem is not so much resale "value", but it's slightly harder to sell it because of the situation (hence the house being on the market for 180 days). Obviously there is a buyer for a house with this set-up, since YOU are considering buying it. If you love the house and the location,and it's in your price range, then don't be hasty and discount this home.
Discuss the pros and cons with your agent as well.