Listed at $895K, sold for $750K on the MLS

Listed at $895K, sold for $750K on the MLS

Jake AndronicoBusiness Member
Realtor · Reno, NV · Member since 2019 · 1k+ posts · 938 votes

Listed at $895,000.

My clients just closed at $750,000.

That's $145,000 below asking price on this beautiful home at 1895 Vintners Pl in one of Reno's most desirable neighborhoods.

https://www.zillow.com/homedetails/1895-Vintners-Pl-Reno-NV-...

Renovated comps between $950K-$1mil. 

Before anyone says, "The market is crazy, there's no deals out there..."

There are.

You just have to know where to look.

This wasn't an off-market unicorn.It wasn't a secret pocket listing.

It was hiding in plain sight on the MLS.

Huge shoutout to Damian on our team at TrueNest Properties, who has an incredible eye for finding and following up with opportunities that most people scroll right past.

In every market, there are overpriced properties.

There are fairly priced properties.

And there are opportunities.

The difference is knowing how to identify them before everyone else does, and following up.

What's a recent deal you've found on the MLS?

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  • MD/DC · Member since 2024 · 1k+ posts · 1k+ votes
    4mo

    Nice, I'm guessing about $200,000 in reno and you will have a modern property that is within neighborhood values. 

    • Jake AndronicoBusiness Member
      OP
      Realtor · Reno, NV · Member since 2019 · 1k+ posts · 938 votes
      4mo
      Quote from @Jules Aton:

      Nice, I'm guessing about $200,000 in reno and you will have a modern property that is within neighborhood values. 

      Nah, about $100K. Wasn't bad, just outdated. 
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