Property Q&A in Philadelphia>Question Details

Brendan, Home Buyer in Philadelphia, PA

With the comps in this neighborhood selling for 230-240 how can this house appraise for this price? NUTS!

Asked by Brendan, Philadelphia, PA Tue Apr 7, 2009

I grew up in this neighborhood and these twins are built on unstable ground. (several were eith knocked down or had the have the basements dug out to stabilize the ground underneath)
The school district stinks, most send their children to catholic school. So, why would this house be worth 295,000? I have looked at twins in Ardmore (lower merion school dist) that are bigger asking between 230 - 250. If they get this price or even the 275,000 they paid for it 2 years ago, I will fall off my seat.

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