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You may have to lower your price...I know you can't do anything about the street but a lot of people will factor this in when buying a home. It's all great that your neighbors don't park on the street but its' NOT a guaranteed that any NEW owners won't park on the street.... Who knows the buyer MAY like parking on the street & seeing your home he knows he can longer choose the parking he prefers.
We have past up 2 homes that we really like because we felt if we went to sell the home we would have a problem selling it ...One house had a huge drainage ditch taking up most of the front yard ....the other home had huge hill in backyard sloping towards the house. Both homes were priced according to the comps. Both homes have lowered their price by 10,000 since we last saw them . If they lowered the one house with drainage ditch by 20,000 I have to say, I would be tempted to make a offer on the home then.
From where you are at in the asking pricing would be OK to go down like $199,999? If you have to sell that would be next step.
That is a terrible list price because you exclude the best buyers. Those looking on the searches from 200k-225k. Internet searches with drop down windows have changed pricing but many agents haven't caught up yet. At the suggested price the best buyers would be lost over $1.00.
I don't think that is the only thing a seller can do. Landscaping that is terrific; an interior that is tricked out better than the competition's . . . I dunno. Price it right - yes. But just assuming that lowering the price is going to make someone overcome an objection . . . I tend to think that pointing out how narrow the street may be is just an excuse . . . they simply wanted to find something to point out that was a reason not to buy!!! Take a hard look at your house and your landscaping . . . down to appliances and faucets/fixtures . . . I would rather spend $2000 upgrading things a bit or spiffing up some small details than lower the price . . .unless your house is priced too high (for the market) already.
Having a cul-de-sac is very desirable . . . I just think you haven't found the right buyer yet.
We have had sooooo many showings and no offers on our house. The biggest complaint we have gotten is our street is too narrow. We live almost in a cul-de-sac and the street does narrow towards that but we have never had any problem with it, and no one across from us parks on the street. All the other feedback we have gotten has been great. Love the house, beautiful house, blah blah blah...
So what can we do since we can't change the width of the street? Is our only option lowering the price so low that it has to sell and we have to give it away?
I think if someone LOVES the house then the street won't matter that much but obviously people can't get past that. I know there was a thread on here about this and lots of people said they wouldn't even consider it if the street was too narrow.
I am at my wits end. We already are the lowest priced house in our neighborhood in our size/number of bedrooms,etc.
I can't take much more cleaning, showing, disappointment.
Advertise the street size as a positive.
"house at the end of a private cul-de-sac for quiet romantic evenings"
This way when they show up at your home, its not a shock to them.
Is it kinda like a pipestem? We have cul de sacs in our neighborhood but also very narrow pipestems - the problem with these is that the front of the neighbors house is very close to the front of the house for sale. That was a big turnoff for me.
We have had sooooo many showings and no offers on our house. The biggest complaint we have gotten is our street is too narrow. We live almost in a cul-de-sac and the street does narrow towards that but we have never had any problem with it, and no one across from us parks on the street. All the other feedback we have gotten has been great. Love the house, beautiful house, blah blah blah...
So what can we do since we can't change the width of the street? Is our only option lowering the price so low that it has to sell and we have to give it away?
I think if someone LOVES the house then the street won't matter that much but obviously people can't get past that. I know there was a thread on here about this and lots of people said they wouldn't even consider it if the street was too narrow.
I am at my wits end. We already are the lowest priced house in our neighborhood in our size/number of bedrooms,etc.
I can't take much more cleaning, showing, disappointment.
seems to me as though you and your realtor have made this an issue in your mind and you're probably projecting this. if it wasn't a problem for you then it probably won't be for anyone else unless they own huge vehicles, rv's or boats. imo the days of owning those things are coming to an end anyway (gas prices) so as time goes by it probably becomes more of a NON-issue. personally i like narrow roads as it adds to the privacy, the kids can play out on the street without worrying about speeding vehicles etc. you should turn this around on anyone that mentions it. perhaps ask them why it concerns them so much.
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