Property Q&A in Saint Louis>Question Details

Walter Harris, Home Buyer in Saint Louis County, MO

What was the last selling price for this house?

Asked by Walter Harris, Saint Louis County, MO Tue Apr 28, 2009

Why is this house more than double what the market says it should be worth, the last estimates on this house was between 2.4-3.4 million and the value has dropped in the last 30 days

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This question is about this property: http://www.trulia.com/property/1068533196-10-Upper-Warson-Rd…

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Answers

2
Curious where you say the value is 2.4-3.4 million. Where did those numbers come from?
This house had a price reduction for a short time - (probably due to the Coldwell Banker Gundaker price sale promotion for sellers willing to take a 5% reduction during the sale period).
This is a custom home that will probably need some detail work to determine what the list price should be. Cannot get that quickly. However the market will eventually set the value, as always.
0 votes Thank Flag Link Tue Apr 28, 2009
Most people think their home is worth more than it is! It looks like they paid over a million just for the lot then built that house new in 04. Here is a link to the house.

http://maris.rapmls.com/scripts/mgrqispi.dll?APPNAME=Gstl&am…
Web Reference: http://www.PeteElsner.com
0 votes Thank Flag Link Tue Apr 28, 2009
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