Tuesday, February 16, 2010

Brady Bunch Home

My friend Heather has had her house on the market for 6 months now, and as can be expected, is very tired of keeping it in a pristine state of cleanliness for so long. Plus, running out of the house with little (or no) advance warning from the real estate agents. She's always described her home as the Brady Bunch home but other than the age, I think the similarities end there. With so many people walking through her home, we all thought it was priced right and would sell quickly but it didn't. The market is to blame in large part, but the attitude of the potential buyers was interesting. The feedback she received was this: too old, popcorn ceiling, and smaller bathrooms. So we're assuming the buyers were looking for a shiny, new home. But look what they were giving up:

Large manicured yard with fully fenced backyard.

Large living room with lots of natural light and gas fireplace.

Large dining room and updated kitchen.

M. Bedroom with hardwood floors and attached bathroom.

There is a lot to like about her home and I find it interesting that buyers are willing to sacrifice the lot size, privacy, established neighborhood (that's not cookie-cutter), and hardwood floors for the sake of having a "new" home. Granted the repair list might not be as long on a newer home but it surprises me that they are willing to sacrifice everything else for new. Maybe I'm getting old because I don't understand. She just recently received an offer last week so the hassles of selling will be soon behind her, but what are your thoughts on the older homes vs. new homes?

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