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Updated almost 6 years ago on . Most recent reply

Matthew Reichert's profile image
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Matthew Reichert
  • from Manassas, VA
  • Member since Jun 14, 2019
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Matthew Reichert's profile image
Matthew Reichert's profile image
Matthew Reichert
  • from Manassas, VA
  • Member since Jun 14, 2019
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Matthew Reichert
  • Manassas, VA
29
Votes |
56
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Buying & Selling Real Estate

Is it me or is this house WAY overpriced?

Matthew Reichert
  • Manassas, VA
Posted

Maybe I'm pulling comps wrong here, but I'm looking at 1719 Porter Street, Richmond, Virginia and $140k is WAY too high. Looking at 2br houses sold nearby for literally tens of thousands less, with more square footage, and that have been renovated, makes me think this listing price is just nuts. But does anyone have a few minutes to help sanity check me? If I'm wrong, I would love to learn why so I don't repeat the mistake. 

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Bill Hancock
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  • from Richmond, VA
  • Member since Dec 22, 2018
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Bill Hancock
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  • from Richmond, VA
  • Member since Dec 22, 2018
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Bill Hancock
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  • Richmond, VA
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Bill Hancock
  • Specialist
  • Richmond, VA
Replied

They must be taking comps from Woodland Heights/Westover Hills area and sales North of Semmes Ave, this road is a market barrier.  Or looking at 614 W 20th St, pending listed for $230,000, its located North of Semmes Ave. 

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