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Reducing the price of your home.

Real Estate

Selling a home in Nevada County

Your home has been listed for some time, but no offers yet.  How do you know when to reduce your list price, or not?

Is today the right time to reduce the price?  This is a question we commonly come across when a home has not sold.  There are several things to look at before reducing the list price of your home.

#1 How long has the home been on the market?
#2 What is the condition of the home?
#3 What have touring conditions been like (weather, etc)?
#4 What features or challenges does the home present?  Driveway, landscaping, neighborhood, dated, in need of cleaning/painting etc.
#5 What are other homes in the immediate area, competitively priced, that are either sold or pending?

We walk our sellers through all above information and more.

Some items that can only be fixed with a lower price are location, neighborhood and conditions due to significant deferred maintenance.

We recently reduced a home that has a driveway that can be a challenge for some and yard that needs a creative eye to make it something special.  However the home has a lot of square footage and could be used as 2 units to create rental income.  The new price reduction brings an attractive price to the current market to get the home sold for the sellers.

Check out this listing #20163079, now the BEST priced property in Alta Sierra.

If living in Nevada County with beautiful tree top views is something you are looking for, you will for sure want to tour this home.  This home offers 4 bedrooms, 4 baths, 2 kitchens and more. There are two separate livable units perfect for in-laws or additional income.