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Reply to "A house for sale on a magical street in Bethesda "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Here is the link: https://www.zillow.com/homedetails/7814-Hampden-Ln-Bethesda-MD-20814/37171181_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare[/quote] Um, that house is 7,000 sqft, so almost twice as big as Listing Agent OP’s house, and it’s beautiful inside and out. It looks like a high quality renovation done by someone who was planning to live there. There is upstairs laundry (AND downstairs laundry) and an enormous amount of space. Between 2.7-2.9 seems right, and in a hot market I’m not surprised it went for 2.9. But just because they are on the same street doesn’t mean they are at all comparable houses. You can’t use a 7k sqft house as a comp for a 4k house. This is like comparing apples and low-quality flips. [/quote] PP again, but did you see that huge beautiful screened porch and level lot? Listing AGENT OP, your lot is steeply sloped with basically no usable outdoor space. Pointing out this house as a comp just puts the shortcomings of the original house in sharper focus. If I were you, I would admit you made a mistake and adjust the price before it becomes one of the houses that everyone knows has been sitting a long time. That will just make buyers want to look closer for major flaws and refuse to wave inspections (which they would be stupid to do anyway on this kind of flip). [/quote]
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