What is the market like for selling a home in Columbus, Ohio? I'm selling my property here and moving out of state. I have a 3 bedroom, 1 bath home that i want to get $63,500 for, and a duplex with a 3/2 and a 2/1 that I'm asking $189,900 for. How long do you think it will take to sell them? I know the market is soft everywhere, but Columbus seems like the job market is pretty strong, so I was wondering if you think it will sell more quickly.
2006-06-28 03:44:42 · 6 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
you should really talk with a local realtor. they can answer all these questions for you, as well as give you a market analysis of your properties.
good luck selling!
2006-06-28 05:43:12 · answer #1 · answered by thetoothfairyiscreepy 4 · 0⤊ 0⤋
The housing market in Columbus really stinks right now, in part due to the fact that all of those builders sold people homes they really couldn't afford, and most of them are foreclosing or are on short sales and are bringing the prices of the homes around them down. Honestly, you'll have a difficult time selling them unless you're willing to eat part of your equity in them and price them low. This is even more so the case since you're moving out of state, which probably means you want to sell quickly.
While as a whole, housing prices in Columbus are undervalued compared to the rest of the country, the market is so slow right now that unless you have the luxury of time, you'll probably take a loss if you sell quickly.
2006-06-30 10:04:21 · answer #2 · answered by Swampkitty 2 · 0⤊ 0⤋
This sounds like questions you might ask the Realtor with whom you plan on listing the houses. They can give you a complete CMA (competitive market analysis) so you can establish the best price to offer them for. Remember, the Realtor is compensated by commission only, so if you have them do the ground work for you, be kind enough to list the properties with them. You will find the commission paid will be well worth the effort made to sell the properties.
2006-07-06 02:06:54 · answer #3 · answered by guyotgirl 3 · 0⤊ 0⤋
There are many variables when it comes to selling a house if you find you can't wait (some houses sit on the market for a year or more if you don't have a house in a desired location aka German village ect.) My Mother in law sold her last house to a trusted realtor he fixed it up and resold it later. I suggest talking to a local realtor who knows the neighborhoods that your two properties are listed in so that you can get a general idea for how long it usally takes for that area to sell. Your houses will sell faster if they are priced fairly make sure to have a professional estimate your property vaule. They will look at all aspects of your homes, Size, condition, age, and history.
2006-06-30 23:22:46 · answer #4 · answered by Pennya 2 · 0⤊ 0⤋
Two things are selling homes nowadays: Spectacular Features and THE RIGHT PRICE. Price your home to sell and we can get it done for you! Contact me. Check the email I've sent you. I work for one of the top Real Estate Companies in your city (I'm up north, though). Since you asked for help on my favorite website, I'll be glad to give you some marketing ideas and tips... no obligation! Best wishes to you and Godspeed in this crazy market we're dealing with this year!
~Sleek
2006-07-07 02:11:33 · answer #5 · answered by Sleek 7 · 0⤊ 0⤋
I will give you 100 bucks for the house and 10 bucks for the duplex (site unseen and cash baby!!!)
2006-07-07 01:44:30 · answer #6 · answered by jonnygaijin 5 · 0⤊ 1⤋