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I own a 2 bedroom home (technically) since only 2 of the rooms have closets. Does anyone know how the market is for sale of these homes. I live in a great town in CT, it sits on just under an acre of land, completely remodeled (1200 SF) and is 2/2. However, if I do plan to sell I am scared the age of the home (1848) and the fact that it is a two bedroom might deter people. In all reallty it could be more than 2 bedrooms. It is perfect for an elderly couple (all one level) or young couple. Just seeing if anyone has knowledge, or experience, with 2 bedroom homes.
In our market, the age of the home would be a selling feature, as would the land it is on. The older bungalows in our area that are 2/2 sell really well, most are around the historic district.
Two years ago I sold a 2/2 built around the 1900's on 1.5 acres of land, very unusual property for our area, and we ended up in a bidding war over it.
For a house like that I would get 2-3 opinions from local Realtors to make sure the pricing seems "in line" and have them justify it with sold comps.
I couldn't tell you about something that old as we don't have houses that old around here (I'm in Austin). 2 bedrooms will sell fairly easily close to downtown, but most other places, it's a huge negative. Land that is bigger than .20 will also sell pretty quickly in most areas in my market. People would see how they could add on.
In our market, the age of the home would be a selling feature, as would the land it is on. The older bungalows in our area that are 2/2 sell really well, most are around the historic district.
Two years ago I sold a 2/2 built around the 1900's on 1.5 acres of land, very unusual property for our area, and we ended up in a bidding war over it.
For a house like that I would get 2-3 opinions from local Realtors to make sure the pricing seems "in line" and have them justify it with sold comps.
Thank you.
The house is located in a historical portion (aka Village) of town, but it sits on a main road (which I know stinks) and the property next door is a dentist office but I could spin that as extra parking.
How large and what is the location of the bedooms without closets? And what is their second egress...window size.
Forget about closets. You're selling a historic home where armoires were used. Second egress in event of fire is important though.
Is your historic home considered just another ordinary home lumped in with modern one levels where you are?
One bedroom is upstairs and is currently being used as a bedroom with a queen bed in it. The other bedroom is downstairs (first floor) and is currently my office. Windows are all updated and legal.
The house was completely renovated (right down to the studs) about 15 years ago. The floors are original to the house but the house has been upgraded (windows, roof, natural gas, etc).
Many of the homes in the area are new. My house and the house across the street are both from 1840s. The house next door was built in 2003 and is not a one level. The houses down the street are all on the national historic register. One was home to Thomas Edison (that's what they say).
I'm in New England. There is a buyer for every house. Two bedroom homes sell all the time.
The age of the house is common, the acre lot is helpful. What will hold back your sale more is the commercial use next door and being on a busy street. .
I'd suggest getting an appraisal done on the home before putting it on the market. Or getting three real estate agents in and have them do a market analysis for you. Make sure they are comparing apples to apples. Their results should be similar. Seriously consider any suggestions they make.
Also, is there any additional room in the house that could be a bedroom if you added a little closet in a corner.? That small expensive might be worthwhile.
I'm in New England. There is a buyer for every house. Two bedroom homes sell all the time.
The age of the house is common, the acre lot is helpful. What will hold back your sale more is the commercial use next door and being on a busy street. .
I'd suggest getting an appraisal done on the home before putting it on the market. Or getting three real estate agents in and have them do a market analysis for you. Make sure they are comparing apples to apples. Their results should be similar. Seriously consider any suggestions they make.
Also, is there any additional room in the house that could be a bedroom if you added a little closet in a corner.? That small expensive might be worthwhile.
There is esp in my office downstairs. There was a closet (you can still see the old layout on the floor). We also added a walk in closet in the master bedroom which is unusual in for such an old house. I agree the busy street and next door will hurt a little but homes on the same street have been selling like hotcakes which is nice. Plus I bought my house for cheap since it was in bad shape so some sweat equity doesn't hurt either.
You probably are trying to save money and thinking about a FSBO. If you really care about the value, consider hiring an appraiser. If you are just curious, call a real estate agent, or ask a real estate agent to contact you. So far all the ones that I've met, don't bite.
I wish my home was from 1848, my property taxes would be nothing.
Especially if the home is in a historic area, I'd think there would be plenty of people this house would be right for. Me, for instance (single woman with DIY skills). Also empty-nesters, newlyweds not interested in having kids yet, gay couples. Lots of people today have appreciation for historic properties but not all of them have the energy to keep up a big one if they don't need the space.
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