This house is over-priced, right? (Cary: custom home, landscaping, buyer)

[JaPaKoMom]

Another home in the same cul-de-sac sold in the upper 700’s earlier this year. I am not surprised by the 629 price at all.

[m378]

Originally Posted by JaPaKoMom

Another home in the same cul-de-sac sold in the upper 700’s earlier this year. I am not surprised by the 629 price at all.

What was the square footage? How many bedrooms/bathrooms?

[JaPaKoMom]

Originally Posted by m378

What was the square footage? How many bedrooms/bathrooms?

Maybe close to 1000 sq ft more, but still not surprised.

[myname_isborat]

Originally Posted by m378

What was the square footage? How many bedrooms/bathrooms?

Must be this one. $202 a square foot. Let us know what this house ends up selling for.

https://www.redfin.com/NC/Cary/101-P.../home/41215751

[JaPaKoMom]

Originally Posted by myname_isborat

Must be this one. $202 a square foot. Let us know what this house ends up selling for.

https://www.redfin.com/NC/Cary/101-P.../home/41215751

Yep

[MikeJaquish]

Peckskill is a very pretty street.

[cheapdad00]

Originally Posted by RedZin

If it's overpriced, it's not overpriced by much.

I say this because:

1. The location is hot.
2. Schools are hot.
3. The lot is nearly a half acre.
4. It's the cheapest house in the neighborhood at the moment.
5. It has 4 beds (granted, one may be a bonus that is being called out as a bedroom)
6. It has clearly had SOME sort of updates since it was built in 1997.

Sidebar: It's a John Wieland, I do believe. I don't feel like looking it up on wakegov to confirm.

There was a house in Wessex this weekend not too much larger than this one... well, no... it was like 3500? That was selling for 588k, but it had NO improvements... was around the same age and the nearly half-acre lot was taken up by the driveway into the back yard... no back yard on a half-acre lot. Weird.

So, yeah.... I think this one might sell for less than it is listed as, but you won't see it sell for DRAMATICALLY less, no.

OP, just out of curiosity, what DO you think the selling price on this house should be?

It's a Wieland home. Confirmed at wake gov, but the giveaway was the bathtub behind the closet doors in the pictures of the one that sold earlier this year on that street. [I live in a Wieland home a bit newer than that which has that feature.]

[RedZin]

Originally Posted by m378

Many sellers will lean on an agent for pricing advice. That's what they're there for right?

Realtors who cannot sell a house don’t get paid so having them priced competitively is desirable for a listing agent.

Nobody MAKES people pay X for a house.

A house is only worth what someone is willing to pay.

[BoBromhal]

Originally Posted by zinner

I am surprised by all the realtors trying to justify the hefty prices. /sarcasm

perhaps you can read the responses again, and share the posts where plural Realtors are "trying to justify the hefty prices".

I'm confused which ones gave you that impression.

[adlnc07]

But is it a McMansion? That's really what I want to know!