Updated almost 6 years ago on . Most recent reply
Property On Market for 46 Days - Tons of Showings - Nothing
One of my Denver investment properties has been on the market for 46 days with only one low ball offer. 4 bd/2 bath 2,200 sq ft. I have had almost one showing a day since it went on the market and mulitple open houses. Around 100 people have come through the house.
I started at $625k and have come down to $599k. The location is great but the house could use updates. Its not open concept and the kitchen and one bathroom could use some updating. That being said its move in ready. The house also offers an oversized detached garage with ADU office/studio attached. I repainted and installed new carpet prior to listing. Feedback has been all the same. "great location, no dining room" or "great garage, dated kitchen". Based on the comps the price looks right. Is this just a bad time of year to sell? Anyone have any suggestions?