In Re: of Condition-
If I were to take the property that you are inquiring about above, then I can see why it would be worth much less than a similar home in the same town; the home has no pipes!! No pipes means more work, more $$$ and time then a turn key home would require and that will always reflect itself in the listed price. I can only imagine what the rest of the place looks like.
In Re: of Location-
Take that same home and put it in, lets say Beverly Hills, and the location alone will increase the listing price SUBSTANTIALLY!! I'm not an expert in the Beverly Hills market ;-) but I can tell you that the location alone will jump the price up just for the name alone. :-)
As a home buyer, this creates an exceptional opportunity to snag the "Prom Queen" house while there is confusion in the market. Opportunity knocks but is NOT infinitely patient.
Best of success in buying your home,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
I believe everyone's answers are good ones but you are saying each home is the same. Then if that is true, the sellers are setting the prices for their home. I wonder how much different the prices are? Is it extreme?
Why don't you call the Realtors, visit each home, then decide. If they are 'all the same' as you say, the buy the least expensive one!!! Good luck!