Home Selling in Picayune>Question Details

Ron, Home Seller in New Orleans, LA

I have two .75 acre lots in Round Rock subdivison in Picayune, I would like to sell or build a pre sell on.

Asked by Ron, New Orleans, LA Wed Feb 11, 2009

Should I just sit this out for a while?

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Answers

3
I suggest you contact an agent for a market trend report. That report will show how many properties sold in each price range over the last 2 years, and can help you decide whether or not now is a time to sell.
Web Reference: http://www.leethomas.net
0 votes Thank Flag Link Fri Apr 22, 2011
Here is a simple answer: If the lots are priced to sell, they will sell.
Penny Stettinius
Realtor
Coldwell Banker Country Properties Inc
919 Highway 43 North
Picayune, MS 39466
601.798.7942
0 votes Thank Flag Link Fri Oct 9, 2009
If you are able to hold on to the lots, then I suggest you do. Depending on when you purchased the lots, my guess would be that you will have to sell them for less than you bought them for, because prices have come down since the lots were originally sold, after Hurricane Katrina.

Round Rock is also not an area that spec homes are moving quickly in.
Web Reference: http://www.prchomes.com
0 votes Thank Flag Link Mon Feb 16, 2009
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