$159,900, 1,227 sq ft - 3 Bedroom, 2 Full Baths - perfect for recent or future grads just starting out.

* Brick foundation * Vaulted ceiling * Spacious Kitchen * Ample closet space * Floored attic for storage * Open floorplan * Marble gas-log fireplace * Dishwasher and range * Energy-efficient electric water heater * Disposal unit * Quiet street * Large side yard * No Homeowners’ dues * Close proximity to I-540, Brier Creek, RTP, RDU & Downtown Raleigh * Leesville schools * Great starter home

See http://infotube.net/141037 for more details.








[Edited on May 1, 2006 at 8:44 PM. Reason : link]

[Edited on May 1, 2006 at 8:45 PM. Reason : retarded]

5/1/2006 8:43:26 PM

Wow, my old apartment was bigger than that.

5/1/2006 9:12:35 PM

That's not very helpful to my sale, damnit.

5/1/2006 9:25:59 PM

is this like a starter plant, does it grow bigger?

5/1/2006 9:29:57 PM

trim those hedges and remove the loner little plant it will give the crib alot more curb appeal

nice location

5/1/2006 9:31:08 PM

^^^^But your old apartment was an apartment, which nobody wants.

5/1/2006 9:39:49 PM

Don't know how many people are looking to buy a house on TWW...

5/2/2006 12:56:43 AM

Is someone seriously trying to sell a house on TWW?

5/2/2006 1:01:46 AM

i'll start at $57.83

5/2/2006 1:03:37 AM

^^ yeah, I'm seriously trying to sell on TWW...I bought it right after I graduated & it's been a good starter for us...figured it might be a good starter for another grad. Plus, I'm selling it on my own & anywhere I can get the word out, I gotta give it a shot.

5/2/2006 6:18:24 AM

N/

[Edited on May 2, 2006 at 9:13 AM. Reason : LJ]

5/2/2006 9:13:22 AM

that house is very symmetrical

5/2/2006 9:26:19 AM

will you part it out?

5/2/2006 10:35:38 AM

That's too much for a house that small. I might would do 140, but not 160.

5/2/2006 10:50:54 AM

I can give you 5k, cash in hand.

5/2/2006 11:11:40 AM

^ at least you have Earnest Money to deposit

^^ the location of the home & the size of the lot are the big draws for the place...also, the room sizes are bigger than the larger homes with comparable rooms, mainly due to open floor plan. Come up to ~$152K & you might have a deal.

5/2/2006 11:54:09 AM

The location is really great, actually, so it more than warrants the price.

5/2/2006 12:21:52 PM

This listing can now also be seen on http://www.ncsuliving.com under 'Home/Apt for Sale'.

Thanks to fatcatt316 for the link to that site.

5/2/2006 1:32:34 PM

how big is the lot it is on? I am interested.

5/2/2006 1:35:14 PM

Not bad at all.

How much was it to list through that Info tube site? I know they offer that when you buy those "For Sale" signs at Lowes.

Good luck with your sale!

Edit: Ah I see it is about $500 to list on that site.

Heard much response from it?

[Edited on May 2, 2006 at 1:44 PM. Reason : See above]

5/2/2006 1:40:09 PM

my cousin bought a home in that neighborhood for your asking price and was about 1900 sq ft.

5/2/2006 1:44:58 PM

^ How long ago? one the same size with NO screen porch & a 2-car garage just sold for $170K

^^ $15...I'll never use a selling agent after this experience...I'm saving a boat load. Thanks for the well-wishes, too!

^^^ it's a .2 acre lot with no one directly behind the property for a good distance, & then there's a fence. The back of the house basically faces across 2 backyards. My contact info is on both sites, & I'm available to show most anytime.

[Edited on May 2, 2006 at 1:47 PM. Reason : arrows & question]

5/2/2006 1:45:15 PM

this was about 3/4 years back. it's a two story, two car garage about a cal de sac (sp?) down from your place

5/2/2006 1:49:01 PM

sounds about right...the 2-story, 2-car garage places have been going anywhere from $190K to $210K recently...the Brier Creek area boon has helped home values, as has the relatively new Leesville-to-540 expansion.

5/2/2006 2:55:59 PM

That's a fair price for that home.

5/2/2006 5:27:14 PM

thanks...i'm just hoping it sells soon. home buying/selling is a pain in the ass

5/2/2006 7:21:08 PM

you think you're saving a boatload not listing it with a realtor, but i really doubt it

5/2/2006 7:45:20 PM

6% on the price is $9,594, which is the going rate for selling agents. Assuming I have a buyer with an agent, the most I'll spend is $3,600, including the cost of signs & website fees (~$45 so far)...if I can show the house, I've all but done what a selling agent would do for $6K less. If I'm not satisfied with my marketing after a few weeks, I can list it on MLS for $499...still a $5.5K savings that I can pass on to the buyer. If I had a selling agent, I'd likely have it listed for $165,900 just to try to make up the difference & likely pricing out would-be buyers.

I'd say I'm saving, but I can understand the other side that says the selling agent likely could draw a better offer from the buyer...but I'd rather share that between me & any buyer than a real estate agent.

5/2/2006 8:00:20 PM

this got dropped like a bad habit, so I'm gonna bttt it just this once...then I'll leave y'all alone.

5/3/2006 8:25:26 AM

Check your PM box. I want to come look at it sunday. Very interested.

5/4/2006 10:12:15 AM

PM read & responded...we'll see ya Sunday! Thanks!!

5/4/2006 1:20:25 PM

I still say your asking price is rediculous.. I'd be interested if it was a fair price though....

Are you saying you think your house went up 27k in value in just 3 years. As I stated before, I thought it was worth 140 & I think that's still accurate being you bought it for 133.

5/4/2006 10:13:03 PM

your house is way overpriced $144,000 is the max you should be asking

looking at the pictures, a fair price is more like $137,000

get that $159,900 bullshit out of here

if you try and price it anywhere over $140,000 it's going to sit on the market for 120 days, you're goig to wind up calling a realtor and have to pay the comission AND you'll be 4 mortgage payments down

just because you owned it for three years doesn't mean the value changed ESPECIALLY in this market, if you care for a less callous and more detailed explanation let me know

[Edited on May 4, 2006 at 10:45 PM. Reason : hopefully the person seeing it on sunday checks this post and saves their money]

5/4/2006 10:37:38 PM

just so you know, those FSBO sites like info tube are run by Realtors who prospect them because they know the people on there have a house to sell and won't be able to

and again, i'd say if you are interested in this house, offer him $139,000 - he should be happy to get it, there's no reason to pay what he's asking, you can get 1,600 sqft and a nicer place in the same location for that kind of money


[Edited on May 4, 2006 at 10:54 PM. Reason : seriously, don't pay more than $140 for this place]

5/4/2006 10:48:54 PM

ok, i went and ran actual numbers to make sure i was right

if you were listing this house on the open market your "i hope i get it" list price would be
$145,000 (based on the price/sq ft for real comps, not just some other house that sold close by)

after a buyer went through a couple of offers, you would get $143,000 - that's with a $7,722 comission (3.0% for the sell side and 2.4% for the buy side)

if we split that difference the sketchy FSBO price would be $139,139-$141,139



[Edited on May 4, 2006 at 11:10 PM. Reason : sometimes i amaze myself]

5/4/2006 11:09:18 PM

NO way in hell this house is selling for 159k.

5/5/2006 12:07:29 AM

Ya, no shit. Unless they discover oil under your house, it doesn't go up 20-25% in 3 years. And his 133 3 years ago was probably too much.

Anyone buying a house should always check what the house last sold for & what neighboring houses sell for.

5/5/2006 1:22:04 AM

Eh, figured I'd let this thread die, but the last few posts didn't set all that well. So, I had a Remax agent pull a CMA on the property (a market anaysis that basically researches comparable properties & recent sales of those properties). This agent found a number in the middle between drtaylor's $145K & my $159.9K. Granted, there are differing opinions, & not knowing drtaylor's sources, I cannot refute his claims. However, the CMA I have in hand now validates the range of buyers my price is attracting. Which is to say that, buyers looking in the $150s would be hard-pressed to find anything other than a townhouse in 27617 that's priced as low as mine. That doesn't mean I'll be able to sell for $159-$160...it just means I'll get offers (already had one at $154 that backed out when she realized she needed a garage for her dead husband's stuff), & can work around those.

Thanks for the research, drtaylor...I likely wouldn't have pushed for the CMA had you not done it. I feel a bit better about my price, now, than I did this morning when I first read your posts.

5/5/2006 2:50:38 PM

^it sounds like she was crazy anyway

5/6/2006 8:16:15 AM

you calculate how much you're saving by not using a real estate agent but you don't add in the extra carrying costs, time, money, hassle, and no doubt by the price you're trying to get for it you don't know anything about the selling process and you will probably screw something up royally in the process and lose on a lot more

5/6/2006 9:07:51 AM

$130k <-- serious bid (pending checking the place out, of course)

5/6/2006 2:42:23 PM

shit just got real

5/6/2006 2:51:33 PM

why would you post this on tww?

5/6/2006 3:46:31 PM