When I go to the grocery store I compare prices. What's the per unit cost for product A vs. product B. Assuming comparable quality, I'm buying the lowest cost.
When I want a baking potato, I'm looking not just at price, but how the potato looks. How big is it? What shape is it? Is it damaged? Is it fresh? Does it have strange things growing on it?
Now those are the same type of questions buyers ask when they're home shopping. Comparisons are made between available homes. Does the home have curb appeal? Too big or small? In good condition or in need of TLC? Updated or out of style? You get the drift!
We have a condo listed that is fairly priced for what it offers. It's in a great location, open floor plan, move in ready, etc. And a condo just came on the market in the development. Same builder, same style, same amenities, the biggest difference is it has ONE extra room. And the "extra" cost for that room? 21% more in price than our listing.
Now a buyer doing a comparison MIGHT think that extra room is worth the extra $62,000. Personally I think that's a mighty expensive extra room and I'd better have big plans to justify the extra expense if I were the buyer!
But what we think will happen? That condo with the extra room is going to make it really easy for the comparison shoppers. The quality is essentially the same, but the unit cost? WAY lower if you don't have to have that extra room.
So go ahead, comparison shop. Step through the door. Look at both and then decide which one is best for your lifestyle and budget.
Need help buying or selling a home in Mason? That's what we're here to do. We regularly work with people on both new construction and resale homes, so just give us a call at 513-520-5305 or email Liz@LizSpear.com.
Serving Mason area home buyers and sellers,
Liz and Bill aka BLiz
Serving Warren County Ohio & Adjacent Areas
The Liz Spear Team of RE/MAX Elite
Elizabeth Spear, ABR, CRS, Ohio License SAL.2002007747
William (Bill) Spear, CRS, Ohio License SAL.2004011109 Kentucky 77938
Ask for us by name if you visit the office!
Two locations: Lebanon & Mason, OH
Bill Direct: 513-520-5305
Liz Direct: 513-265-3004
Search Homes: Http://WarrenCountyOhioRealEstate.com
Our Website: www.LizTour.com
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