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Real Estate
Reply to "What would be a reasonable ballpark price"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]900K or less will sell fast. 900K or more will sit on the market for a long time. If you price above 900K be prepared to drop the price below if you don't get offers in the first week after an open house.[/quote] pp here. do you know Rosemont? if so, fine, but if not, I think you're undervaluing the property (although maybe a 900k pricepoint would prompt multiple offers). op, here's a relatively recent comp: http://www.zillow.com/homedetails/103-W-Monroe-Ave-Alexandria-VA-22301/52558203_zpid/[/quote] Notice that it sold in 2005 for 1,100,000+. It might have sold for $975K in 2007 (more than OP's home). Before it sold in March 2012 it sat on the market for 3 months and had to be lowered in price by $75,000 to sell. I stand by my initial thoughts 900K is the crucial price point.[/quote]
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