limpid lizard
Recycles dryer sheets
- Joined
- May 26, 2007
- Messages
- 121
I have been looking at selling my house. About 5 years ago, I refinanced. When I refinanced, the appraiser stated that he could find no comps. I have had two realtors look at the house and give me estimates on listing price. They were within 5K of one another, but their comps were not really comps.
My house is in extremely good shape compared to the neighbors. I have probably over improved, but I had to live here. My neighbor across the street just sold his house. His house was in much worse shape than mine. The suggested listing prices proposed by the realtors were about 14K higher than what the neighbor's house sold for.
That house is about 300 square feet smaller, but has a double garage while I have a carport. The thing about my house that makes it difficult to find comps for is that it has a 24'X36' shop in the backyard. One can hardly tell that it is there from the front, and the shop is in as good a condition as the house. It has two 10' roll up doors, electric, heat, good concrete floor, and matches the color scheme of the house.
I know that everyone thinks what they own is the most valuable thing on earth, and even trying to take that into consideration, I think this place should be worth more. I think quite a few men would not even bother to look at the house once they saw the shop.
I bought the house simply because I could build a shop in the back yard. It took me 9 months of looking to find a place in this town where I could. Since I built the shop, the city has passed an ordinance prohibiting the building of shops without a variance.
Do I sound out of line in expecting the listing/selling price to be higher? If one built this shop today, it would cost better than 30K. I spent about 15K on materials and did the work myself 13 years ago.
Should I just demand that the realtor list the house at a higher price?
My house is in extremely good shape compared to the neighbors. I have probably over improved, but I had to live here. My neighbor across the street just sold his house. His house was in much worse shape than mine. The suggested listing prices proposed by the realtors were about 14K higher than what the neighbor's house sold for.
That house is about 300 square feet smaller, but has a double garage while I have a carport. The thing about my house that makes it difficult to find comps for is that it has a 24'X36' shop in the backyard. One can hardly tell that it is there from the front, and the shop is in as good a condition as the house. It has two 10' roll up doors, electric, heat, good concrete floor, and matches the color scheme of the house.
I know that everyone thinks what they own is the most valuable thing on earth, and even trying to take that into consideration, I think this place should be worth more. I think quite a few men would not even bother to look at the house once they saw the shop.
I bought the house simply because I could build a shop in the back yard. It took me 9 months of looking to find a place in this town where I could. Since I built the shop, the city has passed an ordinance prohibiting the building of shops without a variance.
Do I sound out of line in expecting the listing/selling price to be higher? If one built this shop today, it would cost better than 30K. I spent about 15K on materials and did the work myself 13 years ago.
Should I just demand that the realtor list the house at a higher price?