Question: My home will not sell at $150,000, while the home (at the address I just sent you) sold for $18,000 more than my home is listed for. My home has very similar sq ft. Can you explain why?
Answer: After reviewing your home and your competition, the reason for the big gap in price is your home is 25 years older with no updates. The home that sold for $18,000 more than what you are listed for, had updates and a modern finished basement.
Using square feet as a measuring guide is ok as long as you compare all the features of the homes.
If your home isn't selling, you are too high for what buyers are willing to pay taking into account the updates that they would need to make.
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