Why are houses overpriced in Burlington, IA ? The houses listed for 300K are WAY overpriced for the area. Why pay a premium here ?

Asked by Chitownmolly, Burlington, IA Thu Jul 5, 2012

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Curly Sue, , Texas
Thu Apr 25, 2013
They'll have to appraise. If they're truly over priced they won't close.
0 votes
Sheila Crown…, Agent, West Burlington, IA
Thu Apr 25, 2013
There are only 10 homes available in the 300,000 to 400,000 range and several are Mississippi River Views.
0 votes
Jchip, Home Buyer, Minnesota
Sun Aug 5, 2012
Hi Chitownmolly, my husband and I had the same question when we moved to Burlington a few years ago. We noticed that there was a large gap in quality between the low-priced homes and the higher-priced homes. In particular, there was little quality in the middle-range.

If you're still interested in a home, we are looking to sell our home on a large, beautiful lot in a beautiful neighborhood. We refurbished our home and have reduced our asking price drastically in the past few months simply because we need to sell.

Here's a link:

My best to you as you look for the right home!
0 votes
I love your listing. You guys did a great job staging it to make it look beautiful!
Flag Sat Feb 16, 2013
Chitownmolly, Home Buyer, Burlington, IA
Thu Jul 5, 2012
Sorry - I was referring to 300k AND UP homes. I've been looking in the range of 500-700k, but noticed overpriced homes starting at 300k.
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