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Recent Home Sales in My Neighborhood

April 6th, 2014 at 05:29 pm

Two houses very near us both went on the market within a few days of each other. These houses are the same size as ours; 1144 sf. Our lot is larger and, in my opinion, a better location at the end of the street.

It is interesting how these homes were presented. Home #1 was polished and had much nicer pictures taken. The listing stated it had been owned by the same family for 30 or so years. The kitchen needs an update - I'm pretty sure that brown & yellow went out in the 70s. Wink

I think the owner of Home #2 needed to get out from under the house quick. The house could've been presented much better. Clutter and fuzzy, dim pictures.

Still, both houses sold in less than 30 days.

House #1:
Sold for $380k (listed at $395k)

Front room looking into kitchen.


** See that big sliding glass door? In our house it's just a big window. Changing the window to French doors is on our home improvement To Do list. **

ETA: I just noticed the color of the paint in this room looks like the exact same as I painted ours!


Backyard





House #2:
Sold for $365k (listed at $350k)

Front room looking toward kitchen.




A Bathroom (The photo makes the grout look dirty to me, does it to you?)




I am going to update our home's value to $350k. This is conservative, but if we had to sell right away I feel we would easily get at least that amount. (Our house is much prettier than #2 and we could stage for pics as nice as #1.)

IF I value the house at $350k that gives us just over $100k in equity! Big Grin

Do you like looking at pictures of homes for sale?
Have you been looking at sales in your neighborhood or town?

4 Responses to “Recent Home Sales in My Neighborhood”

  1. creditcardfree Says:
    1396805778

    I do like looking at homes for sale! Don't like the dark grout, but some people might as the dirt blends into it. Smile The french doors would be a nice upgrade.

  2. rob62521 Says:
    1396806389

    We like looking at homes for sale, and when there are open houses in our neighborhood, we try to go and are upfront with the realtor we are being nosy. We went to one last Sunday and although the house was bigger than ours, the lot was smaller. It had been updated and looked pretty nice, but not $209,900 nice...Our area is economically depressed so $300K is usually really big, pretty new, and fancy neighborhood.

  3. MonkeyMama Says:
    1396806941

    Cool!

    Interestingly, no homes listed for sale in my immediate neighborhood for past YEAR! (Some of the smaller ones maybe, but none of the two-stories). So I feel I am flying pretty blind. Our neighborhood tends to sell for more than neighboring communities. But has way smaller/less expensive homes than the rest of our development. (There's a lot of million dollar houses and so on). So it's hard to gauge market value beyond immediate neighborhood sales.

    BUT, there are currently 3 listed (as of the past couple of weeks), and two pending sale. So I am curious to see what those ended up selling for. I won't be surprised if things stagnated a bit, and I won't be surprised if our home appreciated an additional $100k. Nothing surprises me with California real estate.

  4. FrugalTexan75 Says:
    1396835375

    Yep, I do like to dream. Smile Someday I'll own a house.

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