Dd, Home Seller in Kessler, WV

Why homes in my area selling for 460k to 1 million dollars and I can't get even 300k?

Asked by Dd, Kessler, WV Wed Sep 26, 2007

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Answers

10
Is there a factor that you aren't telling us? For example, are you on a busy street or have an oil processing plant next to you?
1 vote Thank Flag Link Thu Sep 27, 2007
To be brutally honest, is your home the best on the market? Are you priced right? Buyers are looking for value and great deals. If you want to sell it, lower the price. You will attract qualified buyers. Have you had showings and offers? If the answer is no, .... lower the price. If you have had showings but no offers, then it is not the best home on the market in that price range. Otherwise it would have sold even if the condition is not great. If you lower the price, you will have buyers wanting to look at it. If people don't come through the door, you will certainly have no offers. Buyers are waiting for a good deal and know what is on the market. It is better to lower the price, and have more offers than stay high with no offers. You can always tell a potential buyer no if the offer is too low, but you will not have the opportunity when the price is high. Hope this helps. For more tips go to my website.
Web Reference: http://www.PhilFowler.com
1 vote Thank Flag Link Wed Sep 26, 2007
As a specialist in the Kessler/Stevens Park neighborhoods, there are a wide variety of factors that come into play with pricing in this distinctive urban neighborhood. We sold over 40 homes in these neighborhoods last year and we can definately get yours sold for you as well. Let us know if we can be of assistance.
0 votes Thank Flag Link Mon Jul 11, 2011
You should interview at least 3 local REALTORS, allow each of them to preview your home and provide you with their broker price opinion. You should hire the REALTOR you feel most comfortable with.
0 votes Thank Flag Link Mon Jul 11, 2011
Did anyone notice the city and state under this guy's name? It's Kessler, WV = West Virginia not Dallas, TX. Most of the responses on this page are pertaining to the Kessler/Stevens Park area of Dallas, TX, which are more-than-likely not applicable to his area. The Texas real estate market, particularly the Dallas area, has been one of the least affected areas in the country. Sure, the economy has an impact on the market, but not like other areas of the US.

Generalizations pertaining to the visual appeal of the residence, showing, size, condition, etc., are typical of any market and probably has a significant affect on why he is unable to sell his property.
0 votes Thank Flag Link Tue Sep 14, 2010
Are you using a realtor? If so, have you asked that question? Since we know your home is in a desirable area is there something you aren't telling us. If price is right and location is right how is the condition of your home? Ask your agent to be honest with you.
0 votes Thank Flag Link Fri Jun 27, 2008
Is your home currently listed with an agent? What feedback are you getting from the agent and from the people looking at your home? That feedback will most likely answer your questions.
All homes are not created equal. A lot will depend on square footage, location within your neighborhood, amount of updating and quality of updates, floor plan and flow of home, size of lot, etc. Is it easy to show for the agents? Is it staged properly and shows well?
Your best bet is to have an agent or several agents give you a detailed assessment of your home in comparison to your neighborhood. Please feel free to call email me or any of the agents who have answered here and we would be glad to help.
I sell from Oak Cliff to Frisco and having lived in the area over 27 years know it well.
0 votes Thank Flag Link Fri Jun 27, 2008
Kessler & Stevens Park are fantastic neighborhoods, with outstanding quality of construction, architectural integrity, beautiful rolling hills & majestic trees. But the reality is every home stands on it's own legs. There is such a diversity of home inventory, most were built 55 - 80 years ago, each has had it's own level of updates over the years, lot size is a factor, and specific location within the neighborhoods is a huge factor. Literally, one street (like Windomere, south of Colorado) wouldn't have a home valued higher than $500,000, but Lausanne one street over would be difficult to find a house for under $450,000 and they go up to $1.3 million there. So it really depends on how your home is presented, upgraded, architectural details, location, and so many other factors. Should you need additional information, please feel free to contact us.
0 votes Thank Flag Link Thu Jun 26, 2008
Us as realtors would need more detail prior to answering your question. Maybe these other homes have the following:
a) More sq. ft.
b) Updated
c) Location

Great area
Web Reference: http://www.lynn911.com
0 votes Thank Flag Link Tue Apr 29, 2008
Kessler Park and Stevens Park are great places to live, but prices seem to have cooled off this year. Of course it always depends on the house, the location, the upgrades, etc. We'd just have to take a look at the house to tell you why. Some of the specifics I've seen in the area that make a difference are: pets, availability to show, and cleanliness. If one home can be shown at a moments notice and another requires 24hr notice guess which one sells first. I have pets myself, but typically they're not man's best friend, but the owners best friend. In my experience pets in the house turn off the buyers....they just never think they're as cute as the owners think they are. Some buyers are allergic....some don't like dogs....some don't like cats....some pick up on minor smells....they'll just turn and walk out of an otherwise perfect house. If you'd like me to take a look and be brutally honest with you let me know and we can set up a time to see the house.
Web Reference: http://www.teamlynn.com
0 votes Thank Flag Link Wed Sep 26, 2007
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
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