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Real Estate
Reply to "Vienna house - why so low?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]For all the chatter on this house, it’s still available. Anyone know why it’s sitting? (Any truth to the murder theory?)[/quote] This was posted on a Facebook group. Looks like the realtor underpriced the property too much and he isn’t getting a bidding war as he hoped. $100k over list is still under the tax assessed value. [img]https://i.ibb.co/tQ4pj4T/B53127-E3-1561-4-ABB-8-EE4-17-E8-BCF9-EDFB.jpg[/img][/quote] The seller basically marketed to the wrong buyer group being $200-300k under market. The buyers who would be in the market at the correct price either didn’t see it, assumed something major was wrong with the house, or didn’t want to deal with auction like shenanigans.[/quote] This is what I'm assuming as well. This house is worth at least 1.5m even if everything was original from when it was built. I don't think the seller/agent is getting the kind of offers he was looking for. [/quote]
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