How is the housing market now? (Richardson: power lines, live, garage)

[Rakin]

Originally Posted by tonie972

Sounds like you're the owner of this property.

You're wrong, she's not.

[BigDGeek]

Originally Posted by tonie972

Sounds like you're the owner of this property.

Nope, I'm not.

[TheOverdog]

The tile above the bath? Again, awful. What it says to me as a buyer is "hey they got a good deal on this tile and put it EVERYWHERE without a second thought to whether it would look good".

Are my points overly picky? Maybe

Some of it maybe picky, but this complaint is not. They should have removed the stupid soffit above the tub as well. That bath won't work for anyone over 6 ft tall.

[EcoDeb]

Originally Posted by BigDGeek

I'd be OK with it.



Possibly; I've seen equally "cheap" flips all over west Richardson from Canyon Creek all the way to Richardson Heights.

Every person will have their wants and not wants when viewing. I thought the point was to figure out why the home isn't selling.

People here are mentioning other issues, step downs, cheap kitchen, blotchy flooring....for me it's skylights too.

Too many negatives in the home for the price. Empty houses are more difficult to sell. It looks boring IMO.

[NoClueWho]

Originally Posted by Rakin

It was sold back in 2016 as an Investor Remodel As Is type property for $272. Someone bought it in a week and updated. They overestimated the market and listed for $525 16 months later in 2017. They are now "Motivated" and lowered the price by $90 which is probably where they should have started.

That's really the DFW housing market in a nutshell, though. A bunch of investors overpricing homes because there's a large influx of desperate, high income people moving in. No way is that house worth the $435k that it's at now, so it's DEFINITELY not worth $525k. That's just ridiculous.

[NoClueWho]

Originally Posted by EcoDeb

Every person will have their wants and not wants when viewing. I thought the point was to figure out why the home isn't selling.

People here are mentioning other issues, step downs, cheap kitchen, blotchy flooring....for me it's skylights too.

Too many negatives in the home for the price. Empty houses are more difficult to sell. It looks boring IMO.

VERY boring, especially for the price tag. That drab, grayish paint all over the house does nothing to help it look less boring either. That's an easy fix, sure, but first impressions count when trying to sell a house, especially in a competitive market and at price point THAT high.

[MissLizzie85]

Hard to say without seeing the house. When we were in the market to buy, we saw many homes that had beautiful cosmetic updates (almost all done on the cheap by flippers) and fantastic photos online, but when we saw them in person, the floor plan was bizarre or there were major foundation issues. In one home, the seemingly gorgeous master bedroom was a converted garage, and the only way to get into the house from the back driveway was to tromp through the master - terrible design. In several others, the brand new floors were visibly sloped. None of these issues were apparent from the listing or from driving by outside.

[Katana49]

Originally Posted by BigDGeek

https://www.realtor.com/realestatean...0_M71028-88521


This house has been on the market almost continuously for at least a couple of years now. Zillow & Dallas CAD data indicates that it changed hands at least once during that time period and it appears to have been remodeled inside in the interim, but the listing is 177 days old. The house is priced appropriately for its size & finish (at $153 a square foot), so who knows why it's failing to sell? It's not on a really busy road, though Northlake has more traffic than some of those streets since it doesn't dead-end, and Newberry (behind the house) takes you all the way to Arapaho...but it faces a little semi-circle of houses on pie-shaped lots and the neighborhood is hot, so who knows why this house has been stinking up the market for so long. It's had 2 owners since 2003 and the current owner does not live there.

Hmm. Cabinets look very cheap, one of the cabinet doors in the kitchen is even hung crooked.

I don't mind the step down area, lots of older homes have that. In fact, for my parents, their sunken living room doubled as a lake... when their kitchen sink burst a pipe, all the water ran from the sink to their living room and filled it up over night, it was about 4" high of water. Had they not had the sunken living room, that water would have spread and damaged just about every room in the house LOL!

I'd be concerned about having that large tree in the backyard so close to the house. Would probably be very expensive to have it removed.

No wow factor. In my opinion, they really needed to do something different in the kitchen, it doesn't look well planned. They couldn't put 42" cabinets due to the height restriction, so the cabinets they did put in don't quite reach the ceiling. At the least, they should have put some nice crown molding on top of the cabinets to extend the height.

There's nothing glaringly wrong with the home (except I'd be concerned by the proximity of that tree) but I also don't feel the price is justified. But I'm not familiar with the neighborhood and pricing there, I think they should probably be at $399k to get under a $400k budget cap some people may have.

[calgirlinnc]

Originally Posted by Katana49

Hmm. Cabinets look very cheap, one of the cabinet doors in the kitchen is even hung crooked.


No wow factor. In my opinion, they really needed to do something different in the kitchen, it doesn't look well planned. They couldn't put 42" cabinets due to the height restriction, so the cabinets they did put in don't quite reach the ceiling. At the least, they should have put some nice crown molding on top of the cabinets to extend the height.

There's nothing glaringly wrong with the home (except I'd be concerned by the proximity of that tree) but I also don't feel the price is justified. But I'm not familiar with the neighborhood and pricing there, I think they should probably be at $399k to get under a $400k budget cap some people may have.

The cabinets look cheap to me too. I'm guessing they are original and were just painted and given granite tops. One of my pet peeves is old/dated cabinets with generic granite slapped on top.

It also strikes me that 5 bedrooms with 2800 SF might mean the bedrooms are on the small side? Only one main living area? No pool?

[iberanon]

Originally Posted by BigDGeek

https://www.realtor.com/realestatean...0_M71028-88521


This house has been on the market almost continuously for at least a couple of years now. Zillow & Dallas CAD data indicates that it changed hands at least once during that time period and it appears to have been remodeled inside in the interim, but the listing is 177 days old. The house is priced appropriately for its size & finish (at $153 a square foot), so who knows why it's failing to sell? It's not on a really busy road, though Northlake has more traffic than some of those streets since it doesn't dead-end, and Newberry (behind the house) takes you all the way to Arapaho...but it faces a little semi-circle of houses on pie-shaped lots and the neighborhood is hot, so who knows why this house has been stinking up the market for so long. It's had 2 owners since 2003 and the current owner does not live there.

It's built in 1969.