Reply to Want to downsize-Sell and take loss but save, or wait for appreciation?

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[quote=Anonymous][quote=Anonymous]Where are you?

Location is always #1 issue: for price, for realtor commission , for everything!

Here's a suggestion: call a realtor or two and have them look it over. You'll get a better shot at a higher price with a well-backed realty company.

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In the NoVA suburbs, but in a nice part of Reston, 3 miles from Metro. Homes have appreciated though modestly in last 4 years, so realtor (who has sold our neighbor's house recently and this house as well 10 yrs ago) said we can list for 775K. But then there is an updated house in our street (new kitchen, new bath) that keeps coming and going off the market for last 3 years, reduced over 100K and now is at 750K and has had many contracts fall through. I really think something is wrong with that house, maybe paperwork or permits, though it is picture perfect as opposed to ours which is really nice and well maintained, but has dated kitchen and baths and an uneven backyard. 
So if it comes back on market, we might have to go down further in price, but obviously we wont sell in that case.
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