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TheWolf_ofOptions t1_j5mskhy wrote

Reply to comment by ekkidee in What are these homes called and why aren’t they being built anymore? by rdervgyb2345

It was improperly priced and so the seller has had to play catch up with the market. Not a good selling strategy.

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brokenhalf t1_j5reh4x wrote

I live in this neighborhood and you are correct. Whoever listed this was reaching for too much. Price should be closer to 2M.

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TheWolf_ofOptions t1_j5reu3s wrote

I would need to run comps to give you an exact number. The issue isn’t the market, it’s the seller and listing agent. A strong listing agent will go against overpricing a house because it doesn’t help the client AT ALL. I’ve seen how much they’ve had to reduce the price and it stigmatized a beautiful property.

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