Lopaveli, Home Seller in New Bern, NC

What is the market like for selling a home in Carolina Pines neighborhood in New Bern, NC? 3bed2bath 1400sqft

Asked by Lopaveli, New Bern, NC Mon May 4, 2009

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Price and location are always key to attracting a buyer. The problem a lot of home owners face is competition from new construction. Builders have responded to the downturn by choosing floor plans to build that they can provide ample square footage at bargain prices. Homes built from 3 to 5 years ago had more features and architectural detail. In your market a great deal of homes are financed by the VA. Many mortgages are 100% of value. With a declining market and the cost associated with selling some owners are upside down. Your agent should show you the listings of the homes you will be competing with. A study of the number of homes listed vs. the homes that closed in the last twelve months will give you a clear understanding of what you face. You must price your home to be seen by buyers. If a certain percentage of the similar homes will sell you need to price your home in the range of the lowest priced within that percentage. If that kind of pricing is not acceptable you might consider remaining or renting your home.

By: Gary Barker
Serving New Bern since 1977
Web Reference: http://www.gary-barker.com
0 votes Thank Flag Link Tue Nov 30, 2010
Good afternoon Lopaveli,

To answer your question on the current market situations in Carolina Pines I think the market is simply what you make of it. If you are looking for stats on the area you live in I have included those below and I know other REALTORS who have helped answer this question for you too have been gracious enough to send you this info as well. Please do let me know if you need any additional info on this area as I feel besides all of the current stats and homes for sale that are going to be your competition as well as homes that have already sold and would be used as comps for you there is still much to be said for people's motivation and a lot of background factors that we would have to know about your situation and readiness to sell. Please let me know if you have any questions at all and I would love to introduce you to our team of great agents and to help in anyway we can! Have a great rest of the day and please do check out the links below:

http://ml23.offutt-innovia.com/new/maildoc/sd_AAAa003VE20091…

http://ml23.offutt-innovia.com/new/maildoc/sd_AAAa003qG20091…

http://ml23.offutt-innovia.com/new/maildoc/sd_AAAa004P920091…
0 votes Thank Flag Link Mon Nov 2, 2009
Selling a home in Carolina Pines presents a few obstacles but that neighborhood is definately not as badly effected by the housing market as it is the most desireable neighborhood this close to Havelock. Being just 5 mins from back gate to Cherry Point it appeals to Marine families as well as avid golfers. Add to that the lack of city taxes just puts the icing on the cake. Without knowing more information than what you have given, you have a desireable amount of square footage. Your bedroom/bathroom total is extremely desireable and of course depending on the condition of your home would depend on how long it would stay on the market. I would suggest though if you are thinking of selling now would be the best time to put it on the market as the $8000 tax credit is really bringing some buyers to our area. I hope I have answered your question and if you need me or would like to discuss your homes value feel free to contact me at 252-258-3676 GOOD LUCK!
0 votes Thank Flag Link Sun Aug 2, 2009
Lopaveli, I came up with 5 homes similar to yours for sale in your neighborhood. Sonja's right about the timing now and homes are moving if they are priced right. The price range for the 5 homes is $169,900 to $215,700. There are a total of 31 homes for sale in Carolina Pines right now, most of which are larger and higher priced. There've been 11 homes that have closed in the last few months and 3 are currently under contract, so if you're interested in listing your home it costs nothing to start the process.

Maybe this link to the closed and pending homes will help you do some comparisons. http://www.easternncmls.com/new/maildoc/a0022Q1965.html

Please feel free to give me a call at 252-229-7534 if you want to discuss the possibilities. I'm with Coldwell Banker Willis-Smith with almost 50 agents in Craven and Pamlico Counties who'd be working for you.

Best regards, Nancy Crain
0 votes Thank Flag Link Tue May 5, 2009
Lopaveli,

Current market condition in Carolina Pines and entire New Bern area is still definitely buyers market but it appears to be picking up in the last 2 months or so. If you consider selling in the Carolina Pines I would advise you not to wait to long as this is the best time of the year for you. Military is moving primarily during the summer and school year is almost over and that makes it the beast time to sell. Fortunately for you inventory in Carolina Pines is not overwhelming and there are currently only two homes for sale in Carolina Pines that are similar to your home, for your convenience use this link below to see them.

http://ml23.offutt-innovia.com/new/maildoc/sd_AAAa006EG20090…

If you would like to set up an appointment for me to look at your property and let you know exactly what your situation and options are just give me a call. I would do that of course obligation free!
For more info and to see some of my listings visit http://www.SonjaBabic.com

Best Regards
Sonja Babic
252-617-0861
Web Reference: http://www.SonjaBabic.com
0 votes Thank Flag Link Tue May 5, 2009
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