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.
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!
Do you like looking at pictures of homes for sale?
Have you been looking at sales in your neighborhood or town?
Recent Home Sales in My Neighborhood
April 6th, 2014 at 05:29 pm
April 6th, 2014 at 06:36 pm 1396805778
April 6th, 2014 at 06:46 pm 1396806389
April 6th, 2014 at 06:55 pm 1396806941
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.
April 7th, 2014 at 02:49 am 1396835375