Luxmanor house not selling

[Anonymous]

It’s nice and a beautiful area but the 1-1.5M tranche for a house in the suburbs is barren right now due to rates

[Anonymous]

Anonymous wrote:Small kitchen, very little storage and the exterior is not everyone's taste. Schools are not excellent, maybe good at best and could be even less so with the boundary changes.

+1 don't like the look of the exterior. Master bath looks tiny, and no walkin closet.

Overpriced, especially in today's current market.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Small kitchen, very little storage and the exterior is not everyone's taste. Schools are not excellent, maybe good at best and could be even less so with the boundary changes.

+1 don't like the look of the exterior. Master bath looks tiny, and no walkin closet.

Overpriced, especially in today's current market.

ok, i just saw the pix of the walkin closet. It looks small.

[Anonymous]

It's priced too high, and houses of this size are sitting longer right now. Interest rates are scaring folks looking at this price point. Plus, people are going on vacation and prepping for back to school, so there's a good chance that it will sit through August as well.

The pricing is weird - I'm guessing the home owner was being a "challenge" for the agent and didn't want to price it correctly.

[Anonymous]

Anonymous wrote:It's priced too high, and houses of this size are sitting longer right now. Interest rates are scaring folks looking at this price point. Plus, people are going on vacation and prepping for back to school, so there's a good chance that it will sit through August as well.

The pricing is weird - I'm guessing the home owner was being a "challenge" for the agent and didn't want to price it correctly.

+1. Pricing history makes it seem like the owners are difficult. Wouldn't surprise me if they've turned down multiple reasonable offers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's priced too high, and houses of this size are sitting longer right now. Interest rates are scaring folks looking at this price point. Plus, people are going on vacation and prepping for back to school, so there's a good chance that it will sit through August as well.

The pricing is weird - I'm guessing the home owner was being a "challenge" for the agent and didn't want to price it correctly.

+1. Pricing history makes it seem like the owners are difficult. Wouldn't surprise me if they've turned down multiple reasonable offers.

A realtor told me that it was initially listed pre-flip but then flipped and listed higher.

[Anonymous]

Anyone who would price this house at $3M is a few fries short of a Happy Meal.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's priced too high, and houses of this size are sitting longer right now. Interest rates are scaring folks looking at this price point. Plus, people are going on vacation and prepping for back to school, so there's a good chance that it will sit through August as well.

The pricing is weird - I'm guessing the home owner was being a "challenge" for the agent and didn't want to price it correctly.

+1. Pricing history makes it seem like the owners are difficult. Wouldn't surprise me if they've turned down multiple reasonable offers.

A realtor told me that it was initially listed pre-flip but then flipped and listed higher.

Oh interesting. Redfin is missing that it's a flip. Looked up the property records, and it sold in February for $975K to the flipper.

[Anonymous]

Anonymous wrote:Anyone who would price this house at $3M is a few fries short of a Happy Meal.

No one did.
You should read the listing. It's not 3M.

[Anonymous]

It's a terrible flip. So white. So basic. No trim no upgraded design ideas.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Anyone who would price this house at $3M is a few fries short of a Happy Meal.

No one did.
You should read the listing. It's not 3M.

And you should read the sale history. It was priced at $3M before they came to their senses.