If you are surrounded by a lot of new build homes you will have to make sure you are priced correctly. In the Austin area I was showing homes in Avery Ranch to a client. These homes were in the $200 to $250k price range. There is still one builder left making the same floor plans and what we noticed is you can pick up an existing home about 2-3 years old for about $25,000 less than a new build home.
By the time you add on everything new build homes are never a bargain unless you can get in on a home that somebody walked away from. This is potentially good news for you as you should be able to price your home in such a way that people will see the added value in yours. To do this and achieve the maximum sales price you can get you need to ensure the home looks like a new build home... make it shine from top to bottom.
Hope this helps.
REALTORÂ® | Mortgage Broker
Keller Williams Realty | 360 Lending Group
o 512.669.5599 m 512.633.4157
firstname.lastname@example.org | http://www.AustinListed.com
Across the street from other restaurants!
The fact that there are other houses for sale is an attraction; you really wouldn't want to have the only house for sale in your city.
If the house is in "great shape" and you aren't getting showings; then the house is NOT priced right!
Have your Realtor do a new CMA and listen to them: In this market, you MUST be reasonable and competitive: The Buyers do not care what you owe on it!
Good luck and may God bless