Quote:
Originally Posted by KathyW
Housing is our area is pretty "hot". We sold our home without an agent and without listing through word of mouth. The local elementary school is a big plus here. We did not fix up anything and sold "as is" for less money. All the younger families told us that they want to fix up the house the way they want, and not what we thought they would like. Location was the big factor in us selling! I would imagine everything depends on your area.
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Housing in my region was generally not "pretty hot." However, in the immediate location the school district was a huge plus, along with a big nearby college and what's known as "the million dollar view." I chose to do the same thing as KathyW: I "did not fix up anything and sold 'as is' for less money." I had no mortgage, nor do I have a mortgage on my home in TV, so I had no desire to look for "big bucks" as I just didn't need it.
I had bought the house forever ago for what was an appropriate price way back then (a ridiculous price today!), and other than house systems like heating, roof, siding, etc. I did minimal upgrading over the years because it just didn't seem important enough (everyone has different values). This way the new owner can build value through "sweat equity" AND have a home that looks like the buyer's rather than the seller's. Did I make a mistake in selling a "project of a house" for less money (which was also the condition when I bought it)? Maybe. But do I care? Not particularly....