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[quote=Anonymous][quote=Anonymous]First of all, I live in a neighborhood like that. Try not to be overly attached to a particular neighborhood, BUT, if you are, then be willing to spend to make it happen.

There are roughly 70 houses in our neighborhood.  Not many change hands, so when they do, you have to make it happen.  Whatever that means.[/quote]

We sold our home a few years ago quite easily simply because of this.

Our agent found out that there was a potential buyer who really wanted a home in our neighborhood.  And not just any of the 50 homes, but one with a view (so that leaves about 20 of them.  This was about 9 months before we were to put the home on the market.  In the end, we only had to do minor prep work (touchup paint, fixing minor issues and cleaning the carpet). then we allowed the home to be shown to them.  We negotiated an offer within 2 days.  They waived inspection (but asked to do one just so they would know what they needed to prepare to do before moving in).  
They lived nearby in the neighborhood (there are 2000 homes in our neighborhood).  And had targeting wanting a home with a view on our street.  So we knew they would jump on our house (as 8 of them had sold in the last 4years).   We negotiated to get close to what we thought we could get on the market.  Who knows if we took a loss by not listing.  I just know I didn't have to "refinish " cabinet fronts or do any more repairs/touch ups.  I was looking at $50-60K of things our realtor said we needed to do to list it.  We got 200% over what we had paid 8 years prior, and only big maintenance had been painting the exterior ($18K).  We perhaps could have gotten another $50-80K, but Figured the longer we waited, the roof could start with issues, develop a leak, new hot water heater (it was 7.5 years old then).  And most importantly we didn't have to actually get it fully ready for market.

So when someone wants in a specific area, they will typically pay a lot.  So If you get in a bidding war with someone like that, you will need an escalation clause.  Most of the sales around us have one.  Just make certain that before you escalate yourself that they Prove to you they have a competing offer.  
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