This morning we met with our realtor to begin the process of getting our house listed and on the market. She showed us a few of the comps in our area and the information was a bit discouraging. Normally she would pick 3 or 4 recent sales of similar houses to help us to get an idea of what we should ask. The problem is that there aren't any. The market has been so slow that she had to really stretch to find anything similar.
There is a 14 month supply of houses on the market in the Portland area. Which essentially means that it would take that long for everything on the market currently to sell, and we are planning to jump into that same pool... not good news.
However, our ridiculously huge house is well built, upgraded and on a large lot. So at least its not a cookie cutter place. For the right family this home would be a major bargain.
On the up side, thinking about selling your home really makes you look at it with different eyes. The 'to do' lists are growing, and many things that we have put off are now getting started. We have been planning to add a sink downstairs since we moved in and now it has all been purchased. The plan is to get started tomorrow morning with some minor plumbing work, and then to install the vanity, sink, and badda bing: New Sink!
That's the plan any way. We will see how it plays out!
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1 comment:
New blog entry please. More pictures please.
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