Without knowing if your Melrose Park home has 3 or 4 bedrooms, but based on the square footage of your home and the current asking prices in the market in your neighbrohood, you can probably expect to price the home somewhere in the $420,000s and possibly above that, depending upon the condition of the home. I, and I am sure any of us who respond, would be very pleased to take a look at your home and give you an idea of what you should expect to sell it for in today's market.
Right now we are in a seller's market and there is a shortage of houses over almost all price ranges. Your subdivision has 6 homes for sale at the moment, and some have been on the market for well over 100 days.
However, if you can rent the house for at least $3,000 or more per month, it may make sense to hold onto it until some of the homes in the neighborhood have sold.
Marc Jablon, The Jablon Team
RE/MAX Complete Solutions
To see the homes for sale in Melrose Park, please go to: