Asked by Dan Withers, Wilmette, IL • Mon Oct 1, 2007
How do I go about finding an answer to that question. My house would require updating the kitchen and one bath as well as overall decorating and minor landscaping to net the best price. Perhaps $40 - 70K to get market ready. I'd probably list at about $1.2M. My lot has around 120' of frontage although not a double lot (nor dividable). Most lots in area are 50' - 80' frontage with a couple 100' lots. Code would permit approx 5,000 sq ft home. Tear down/new construction in immediate area selling mostly in mid $1M range for 4k to 4.5k sq ft homes on smaller lots, 5K plus sq ft home about $2M to high $2M. I'm afraid that realtors might over state price to get listing and contractors would low ball. Any suggestion appreciated.
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