Realistic Expectations for Relatively Modest Homes
Published May 28th, 2007 in SellersThe classic rule of thumb about pricing your home is that you should look at what your neighbors sold their homes for in the recent past. But that only applies, of course, if all things are equal, and your home is more or less the same as those recent sales. That isn’t the case, though, when you’re selling a more modest home in a pricier neighborhood. Then you have to stay realistic and not expect to get the same asking price as everyone on the street. This article in the Tribune talks about strategies for marketing a home that is not in the same price bracket as its neighbors.