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[quote="anon-26o4"]I'm not sure they can share that until after close, though I;d be interested to know so I can say "told you so," to all the "LOL" speculators that don't get that after all the comparisons, etc, that buyers can do as homework, at the end of it all every house is unique, especially is a small neighborhood.[/quote]
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<table border="0" cellpadding="3" cellspacing="1" width="100%" class="forumline"> <tr> <th class="thCornerL" width="22%" height="26">Author</th> <th class="thCornerR">Message</th> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>Sheila-n299</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Fri, Aug 17 2012, 9:14 am EDT<span class="gen"> </span> Post subject: Re: Cranbury home $859,900 (Woodview Dr.; reduced; gone)</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">Hello All, <br /> <br />I am the previous homeowner as of three days ago and I wanted to comment on the forum which I found most interesting. Thanks for the interest in 4 Woodview. The listing agent suggested a listing price of $950-975 after her market analysis. I was very uncomfortable with that so I asked about an appraisal. Despite being discouraged from getting one I did. The house appraised at $915,000 on April 27. The listing price was reflective of that. I agree, the price was a bit high for the time and the neighborhood. The first offer within a week was for $850,000. The next offer which was retracted (the buyer wanted and found a home on Main St.) was also for $850,000. That is probably where the house should have sold but it was sold on Tuesday to a wonderful young couple for less than that. It is public record. It is a gem and the new family will do it justice I am sure. All the best!!,</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>anon-s87r</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Sun, Aug 5 2012, 12:16 pm EDT<span class="gen"> </span> Post subject: Re: Cranbury home $899,000 (Woodview Dr.)</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>anon-2358 wrote:</b></span></td> </tr> <tr> <td class="quote"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>anon-26o4 wrote:</b></span></td> </tr> <tr> <td class="quote">I'm not sure they can share that until after close, though I;d be interested to know so I can say "told you so," to all the "LOL" speculators that don't get that after all the comparisons, etc, that buyers can do as homework, at the end of it all every house is unique, especially is a small neighborhood.</td> </tr></table><span class="postbody"> <br /> <br />If you don't know the price yet how do you know that you told you so?</td> </tr></table><span class="postbody"> <br /> <br />I don't, just confidence, I guess. Remember though, that my initial responses were to the comments on "recent sales on high 6's and low 7's." So, to that, having seen it and given my own knowledge, all i need to know is that it sold and I am super confident ill be right. Guess, well see, though.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>anon-0101</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Sun, Aug 5 2012, 10:59 am EDT<span class="gen"> </span> Post subject: Re: Cranbury home $859,900 (Woodview Dr.; reduced)</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">It seems to be sold. The listing is not active any more.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>anon-608p</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Sun, Aug 5 2012, 10:42 am EDT<span class="gen"> </span> Post subject: Re: Cranbury home $859,900 (Woodview Dr.; reduced)</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>home wrote:</b></span></td> </tr> <tr> <td class="quote">new price: $859,900.</td> </tr></table><span class="postbody"> <br /> <br />So is it under contract or not?</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>home</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Sun, Aug 5 2012, 9:24 am EDT<span class="gen"> </span> Post subject: Re: Cranbury home $859,900 (Woodview Dr.; reduced)</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">new price: $859,900.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>anon-2358</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Sat, Aug 4 2012, 11:20 am EDT<span class="gen"> </span> Post subject: Re: Cranbury home $899,000 (Woodview Dr.)</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>anon-26o4 wrote:</b></span></td> </tr> <tr> <td class="quote">I'm not sure they can share that until after close, though I;d be interested to know so I can say "told you so," to all the "LOL" speculators that don't get that after all the comparisons, etc, that buyers can do as homework, at the end of it all every house is unique, especially is a small neighborhood.</td> </tr></table><span class="postbody"> <br /> <br />If you don't know the price yet how do you know that you told you so?</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>anon-26o4</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Sat, Aug 4 2012, 8:00 am EDT<span class="gen"> </span> Post subject: Re: Cranbury home $899,000 (Woodview Dr.)</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">I'm not sure they can share that until after close, though I;d be interested to know so I can say "told you so," to all the "LOL" speculators that don't get that after all the comparisons, etc, that buyers can do as homework, at the end of it all every house is unique, especially is a small neighborhood.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>anon-4709</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Fri, Aug 3 2012, 12:10 am EDT<span class="gen"> </span> Post subject: Re: Cranbury home $899,000 (Woodview Dr.)</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>cranburyb-8pop wrote:</b></span></td> </tr> <tr> <td class="quote">Under contract</td> </tr></table><span class="postbody"> <br /> <br />For what $?</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>cranburyb-8pop</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Thu, Aug 2 2012, 10:38 pm EDT<span class="gen"> </span> Post subject: Re: Cranbury home $899,000 (Woodview Dr.)</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">Under contract</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>really-4368p94</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Thu, Jun 7 2012, 12:03 pm EDT<span class="gen"> </span> Post subject: Re: Cranbury home $899,000 (Woodview Dr.)</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>LOL-43697on wrote:</b></span></td> </tr> <tr> <td class="quote"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>really-4368p94 wrote:</b></span></td> </tr> <tr> <td class="quote"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>LOL-43697on wrote:</b></span></td> </tr> <tr> <td class="quote">You could say of any house at any price that if it finds the just the right buyer it could sell. That's theoretically true of course, but that's like saying that we could have world peace of everyone could just agree to get along. Unless you are saying you personally will buy it at $899K, I wouldn't put much stock in your assessment that it is "unique" and this justifies over a 20% premium to the current market for the neighborhood. It's a great neighborhood, as you say, where homes have been selling in the 600's and low 700's recently, not 900. There are better lots in the neighborhood by the typical buyer's standard, both in terms of lot size, rear view, etc. And there are certainly less eclectic interiors. Not everyone appreciates the bold choice of bright blue cabinets. And pools add nothing to resale value because for every person that wants one there are others who specifically don't want one so it reduces the overall size of your buyer pool, neutralizing the average resale price benefit. <br /> <br />Again, this person has every right to list their home however they see fit. I've never suggested otherwise. I'm not a 'hater" just because I post an opinion and back it up with comps, figures and statistics as opposed to just "unique" and "best." Why would I care? Because the people who put their homes up at unrealistic prices hurt the market. They cause inventory to sit too long and over supply reduces asking prices for everyone. That's a known cause and effect. Just look at the poor home at 33 Main which is a steal now but started out too high, turned off buyers and now sits adding to the unsold inventory. In a buyer's market, like this one, seller's benefit when only "serious" sellers who price house realistically put inventory into the system. I’m not a seller but I sympathize with the market conditions they are in and why should people not being realistic about the market make it worse for them?</td> </tr></table><span class="postbody"> <br /> <br />The problem I have is that, "the comps, figures and statistics" you site are meaningless. The Cranbury market is too thin for the numbers to have any meaning. If you want to site the comps figures and statistics in West Windsor it will work, not in Cranbury. But please babble on.</td> </tr></table><span class="postbody"> <br /> <br />Funny. <br /> <br />First the poster tries to compare totally different-sized, vintage and style homes in totally other parts of Cranbury as valid comps, then they try to site listing prices for homes as a basis for comps, then they suggest someone compare it to comps in the neighborhood without any stats and after the stats contradict them now it's that the market is too thin for comps to matter. Constantly looking for a new way to justify this, huh? <br /> <br />Believe what you want. The Wynnewood neighborhood is a specific market with valid comps and overall the decline from peek in the Cranbury market is well established. If you need to convince yourself that's not true, everyone has a right to be wrong.</td> </tr></table><span class="postbody"> <br /> <br />fine let us play your game. If you want valid comps in Wynnewood, you must at least comp the same model. You have not. <br /> <br />An interesting question is why have you not. Because none of that particular model have been on the market in 3 years. Why??? See the previous comment on a thin markets. This would be a definition of a thin market.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>anon-121p3o3</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Wed, Jun 6 2012, 10:47 pm EDT<span class="gen"> </span> Post subject: Re: Cranbury home $899,000 (Woodview Dr.)</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">Btw- this is also Sean</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>anon-121p3o3</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Wed, Jun 6 2012, 10:44 pm EDT<span class="gen"> </span> Post subject: Re: Cranbury home $899,000 (Woodview Dr.)</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">LOL- one last thing- please provide your analysis on all homes for sale in town. Oh Waite, I forgot, no one gives a damn. You're not buying this house, we get it. Fortunately for the sellers you are an insignificant percentage of potential buyers. Either that or you are a faceless analyst. I have no idea why I got involved in this post as I truly have no stake, I guess seeing a faceless and rude analysis bothered me. Luckily that losing combination is ultimately irrelevant. Find a better hobby and get a backbone to use to voice your tough analytical perspectives in the light of day.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>anon-121p3o3</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Wed, Jun 6 2012, 10:13 pm EDT<span class="gen"> </span> Post subject: Re: Cranbury home $899,000 (Woodview Dr.)</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>LOL-43697on wrote:</b></span></td> </tr> <tr> <td class="quote">You could say of any house at any price that if it finds the just the right buyer it could sell. That's theoretically true of course, but that's like saying that we could have world peace of everyone could just agree to get along. Unless you are saying you personally will buy it at $899K, I wouldn't put much stock in your assessment that it is "unique" and this justifies over a 20% premium to the current market for the neighborhood. It's a great neighborhood, as you say, where homes have been selling in the 600's and low 700's recently, not 900. There are better lots in the neighborhood by the typical buyer's standard, both in terms of lot size, rear view, etc. And there are certainly less eclectic interiors. Not everyone appreciates the bold choice of bright blue cabinets. And pools add nothing to resale value because for every person that wants one there are others who specifically don't want one so it reduces the overall size of your buyer pool, neutralizing the average resale price benefit. <br /> <br />Again, this person has every right to list their home however they see fit. I've never suggested otherwise. I'm not a 'hater" just because I post an opinion and back it up with comps, figures and statistics as opposed to just "unique" and "best." Why would I care? Because the people who put their homes up at unrealistic prices hurt the market. They cause inventory to sit too long and over supply reduces asking prices for everyone. That's a known cause and effect. Just look at the poor home at 33 Main which is a steal now but started out too high, turned off buyers and now sits adding to the unsold inventory. In a buyer's market, like this one, seller's benefit when only "serious" sellers who price house realistically put inventory into the system. I’m not a seller but I sympathize with the market conditions they are in and why should people not being realistic about the market make it worse for them?</td> </tr></table><span class="postbody"> <br />Well if pigs could...Waite a minute...what? Nevermind, you keep LOLing to yourself, I think it's safe to say we can all just ignore you and chalk it up to anger. But you are offending someone's prize possession and possibly (If you weren't so blatantly a hater) impacting their sale. Please include your address and what you bought your house for in your next post.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>LOL-43697on</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Wed, Jun 6 2012, 10:10 pm EDT<span class="gen"> </span> Post subject: Re: Cranbury home $899,000 (Woodview Dr.)</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>really-4368p94 wrote:</b></span></td> </tr> <tr> <td class="quote"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>LOL-43697on wrote:</b></span></td> </tr> <tr> <td class="quote">You could say of any house at any price that if it finds the just the right buyer it could sell. That's theoretically true of course, but that's like saying that we could have world peace of everyone could just agree to get along. Unless you are saying you personally will buy it at $899K, I wouldn't put much stock in your assessment that it is "unique" and this justifies over a 20% premium to the current market for the neighborhood. It's a great neighborhood, as you say, where homes have been selling in the 600's and low 700's recently, not 900. There are better lots in the neighborhood by the typical buyer's standard, both in terms of lot size, rear view, etc. And there are certainly less eclectic interiors. Not everyone appreciates the bold choice of bright blue cabinets. And pools add nothing to resale value because for every person that wants one there are others who specifically don't want one so it reduces the overall size of your buyer pool, neutralizing the average resale price benefit. <br /> <br />Again, this person has every right to list their home however they see fit. I've never suggested otherwise. I'm not a 'hater" just because I post an opinion and back it up with comps, figures and statistics as opposed to just "unique" and "best." Why would I care? Because the people who put their homes up at unrealistic prices hurt the market. They cause inventory to sit too long and over supply reduces asking prices for everyone. That's a known cause and effect. Just look at the poor home at 33 Main which is a steal now but started out too high, turned off buyers and now sits adding to the unsold inventory. In a buyer's market, like this one, seller's benefit when only "serious" sellers who price house realistically put inventory into the system. I’m not a seller but I sympathize with the market conditions they are in and why should people not being realistic about the market make it worse for them?</td> </tr></table><span class="postbody"> <br /> <br />The problem I have is that, "the comps, figures and statistics" you site are meaningless. The Cranbury market is too thin for the numbers to have any meaning. If you want to site the comps figures and statistics in West Windsor it will work, not in Cranbury. But please babble on.</td> </tr></table><span class="postbody"> <br /> <br />Funny. <br /> <br />First the poster tries to compare totally different-sized, vintage and style homes in totally other parts of Cranbury as valid comps, then they try to site listing prices for homes as a basis for comps, then they suggest someone compare it to comps in the neighborhood without any stats and after the stats contradict them now it's that the market is too thin for comps to matter. Constantly looking for a new way to justify this, huh? <br /> <br />Believe what you want. The Wynnewood neighborhood is a specific market with valid comps and overall the decline from peek in the Cranbury market is well established. If you need to convince yourself that's not true, everyone has a right to be wrong.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>really-4368p94</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Wed, Jun 6 2012, 7:45 pm EDT<span class="gen"> </span> Post subject: Re: Cranbury home $899,000 (Woodview Dr.)</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>LOL-43697on wrote:</b></span></td> </tr> <tr> <td class="quote">You could say of any house at any price that if it finds the just the right buyer it could sell. That's theoretically true of course, but that's like saying that we could have world peace of everyone could just agree to get along. Unless you are saying you personally will buy it at $899K, I wouldn't put much stock in your assessment that it is "unique" and this justifies over a 20% premium to the current market for the neighborhood. It's a great neighborhood, as you say, where homes have been selling in the 600's and low 700's recently, not 900. There are better lots in the neighborhood by the typical buyer's standard, both in terms of lot size, rear view, etc. And there are certainly less eclectic interiors. Not everyone appreciates the bold choice of bright blue cabinets. And pools add nothing to resale value because for every person that wants one there are others who specifically don't want one so it reduces the overall size of your buyer pool, neutralizing the average resale price benefit. <br /> <br />Again, this person has every right to list their home however they see fit. I've never suggested otherwise. I'm not a 'hater" just because I post an opinion and back it up with comps, figures and statistics as opposed to just "unique" and "best." Why would I care? Because the people who put their homes up at unrealistic prices hurt the market. They cause inventory to sit too long and over supply reduces asking prices for everyone. That's a known cause and effect. Just look at the poor home at 33 Main which is a steal now but started out too high, turned off buyers and now sits adding to the unsold inventory. In a buyer's market, like this one, seller's benefit when only "serious" sellers who price house realistically put inventory into the system. I’m not a seller but I sympathize with the market conditions they are in and why should people not being realistic about the market make it worse for them?</td> </tr></table><span class="postbody"> <br /> <br />The problem I have is that, "the comps, figures and statistics" you site are meaningless. The Cranbury market is too thin for the numbers to have any meaning. If you want to site the comps figures and statistics in West Windsor it will work, not in Cranbury. But please babble on.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>LOL-43697on</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Wed, Jun 6 2012, 6:39 pm EDT<span class="gen"> </span> Post subject: Re: Cranbury home $899,000 (Woodview Dr.)</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">You could say of any house at any price that if it finds the just the right buyer it could sell. That's theoretically true of course, but that's like saying that we could have world peace of everyone could just agree to get along. Unless you are saying you personally will buy it at $899K, I wouldn't put much stock in your assessment that it is "unique" and this justifies over a 20% premium to the current market for the neighborhood. It's a great neighborhood, as you say, where homes have been selling in the 600's and low 700's recently, not 900. There are better lots in the neighborhood by the typical buyer's standard, both in terms of lot size, rear view, etc. And there are certainly less eclectic interiors. Not everyone appreciates the bold choice of bright blue cabinets. And pools add nothing to resale value because for every person that wants one there are others who specifically don't want one so it reduces the overall size of your buyer pool, neutralizing the average resale price benefit. <br /> <br />Again, this person has every right to list their home however they see fit. I've never suggested otherwise. I'm not a 'hater" just because I post an opinion and back it up with comps, figures and statistics as opposed to just "unique" and "best." Why would I care? Because the people who put their homes up at unrealistic prices hurt the market. They cause inventory to sit too long and over supply reduces asking prices for everyone. That's a known cause and effect. Just look at the poor home at 33 Main which is a steal now but started out too high, turned off buyers and now sits adding to the unsold inventory. In a buyer's market, like this one, seller's benefit when only "serious" sellers who price house realistically put inventory into the system. I’m not a seller but I sympathize with the market conditions they are in and why should people not being realistic about the market make it worse for them?</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> </table>
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