We will be facing a similar dilemna soon and in your area (we are in Providence Forge VA). While we have not yet listed the house (target is September) , we have met with an agent we trust from previous experience and her input is that the market has dropped about $50K in the last 2years in our sell price range. So our approach is that we have figured out what our "minimum" sell price for this house is to get what we want in the Villages, and that value is well within the comps for our house. I do agree with many of the other posts that real estate agents do not always consider the potential market value of a property, but rely way too much on comp prices which may or may not be actual comparable properties. We don't feel comfortable unless we do some checking ourselves, in order to have a solid base to make a decision. But, we know it's not worth what it was, and we have already moved past that point. Our objective is to move to TV, not to sell our house for the absolute most money we can get for it. We are very fortunate not to be in a position to have to do that financially. Good luck with your sale. We might meet in TV sometime and we can compare notes over an adult beverage of choice! We are leaving for a TV visit Friday and will be there most of next week looking at properties, meeting with friends already there, and drinking more Kool-Aid!
Bill and Sue
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