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[quote=Anonymous][quote]that's so interesting on the pricing disparities. did you ask any of the low-ballers their rationale? I have a row house near Lincoln Park and I really have NO idea what it should go for, even by looking at comps. I feel like the houses on the Hill have so many different variables that there's a lot of subjectivity: do you value fancy renovations, original details, outdoor space, parking, zoned school, under 15 min walk to metro, really close to bars/restaurants, proximity to parks, walkable to Hill offices, renovated basement, extra bedroom ... depending on how you value any set of those things, the prices could be very different.[/quote]

The lowest price came from a Redfin agent.  We thought they were just unfamiliar with the neighborhood and local comps.

The next lowest price came from an agent who hated the original features in our home. They wanted us to rip out the original heart of pine flooring and install engineered hardwood.  They wanted us to take out the original mantel and install a modern gas fireplace.  Just a total lack of appreciation for historic charm.  They thought the house needed a total gut, when it was recently renovated and move in ready.

The highest price came from experienced Hill agents.  It ended up being the closest to our sales price, but they wouldn't take a cut on their commission.  We were also concerned they were over shooting, though that turned out not to be the case.

Our home was especially hard to price because it was a very large 2 bed / 2.5 bath, with two large master bedrooms, making it an oddball.  All of the comps with 2 beds were much smaller.  All other comps with our square footage had three bedrooms.  We ultimately sold above the price of many 3 bedrooms, likely because of the good reno, historic features, and very well proportioned rooms.[/quote]

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