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Reply to "Is it worth paying extra 75k when buying a home which has upgrades worth more than 100k?"
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[quote=Anonymous]If it's only been on the market a few days and is already a Redfin "hot home" where houses are selling like hotcakes, it doesn't really matter whether or not you're wiling to pay for the particular upgrades--they will get multiple offers. Price your offer based on how much you're willing to pay to have this house. For some buyers the upgrades may factor in, while for others the location might. Some people may not bid with a yard fronting a busy street. If the seller's realtor is worth his/her salt, he or she has made a best guess at how much above comparable homes people may be willing to pay and has guided the seller accordingly--and if they've had that many views in just a few days, it sounds like the realtor was on point.[/quote]
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