Lincolnshire stale listings raise prices--- Logic? (house, buyers, tile)

[cohdane]

Check this out....

Doing some due diligence and checking for movement on prices in areas we like. I'm comparing listing sheets to current online prices.

Two separate properties in Lincolnshire that weren't moving recently RAISED their prices for no apparent reason. Here are the stats:

Property 1: Originally 584k, then 539k in Feb, now 561k
Property 2: Originally ??, 559k in Feb, now 625k

Both are listed by the same realtor. Is it their own quirky thing? Are they nuts? Or does everybody do this to prepare for the spring season?

Thanks for any insight and/or similar stories.

Happy open house day and good luck to everyone on both sides!

[Joe107]

They possibly decided to make the home in move in condition and did a bunch of remodeling and want to make up for money spent

[rhiannonsmum]

A house did that where we are looking but did not make improvements. They are trying to attract buyers in a higher price range. It isn't working.

[middle-aged mom]

It's hope for the spring market and yeah, they are nuts.

[chet everett]

Really depends how bad the "before" was. I have helped people in similar circumstances. A little "client education" of driving the seller to other listings sometimes helps the light bulb go off and they rip out the shag and paint over (or rip out) the blue wall tile and presto-chango the house doesn't look like a setting for a teenage slasher movie...