What price is necessary to sell 3/2 1400 sf home off main road near airport, within 30 days?

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Home Buyer
Los Angeles, CA

Answers (2)
Robert Ferrari,...
Broker
96740

Without having any details I can tell you that nearly new 3/2's are listed for sale at $299,000 in Lokahi Makai. Anything older will command a lower price unless there are extras i.e., built-ins, a pool, spa, etc.

Wed Sep 9 2009, 12:22
Katie Minkus, B...
Broker
96743
FIRST ANSWER

Aloha. In order to give you the most accurate price recommendation, it would be helpful to have the address of your home, or better yet, the TMK number. Is the property on Ka'iminani or on one of the sidestreets? Does it have a good view of the ocean, or partial view? Is there a lot of traffic noise or none? Is there any deferred maintenance or is it new and in pristine condition? Are you offering to sell fully furnished? Is the house in Kona Palisades or Makalei Estates or another neighborhood? How big is the lot? The answers to these questions help us drill down to a more realistic and specific price. However, in a more general sense here are a few of the latest happenings in Kona. 1) A home was listed recently in Kona for $299k and received 16 offers in 2 weeks. Obviously, the sales price was bid above asking, but until it closes, we won't know for exactly how much money it sold. 2) According to our mls system, out of the 18 properties with homes your size in Kona that have sold since July 1, 2008, 3 sold at $400k or under, 6 sold for $400-500k, 3 sold for $500-600k, and the rest were above $600k. As you can see, that's a wide range of prices, and in order to determine a more realistic price point, we really need to know more specifics about your property. What I can tell you for certain is that when pricing your home to sell NOW, in today's Buyer's market, you need an asking price that is LOWER than the last sold comp, and you need to be sure your pricing is lower than your competitors - in order to offer more value to potential buyers and have them choose your house first. I would be happy to give you more details about my company services and what marketing we would put into place to sell your home in 30 days. Please contact me directly and we can speak - or email - about it in greater detail. Remember - It Takes Courage to Live on a Rock! And it certainly takes courage - and a knowledgeable, experienced Realtor - to sell your home in today's market environment! Warm aloha, Katie Minkus, R(B). katie@lavarockrealty.com

Wed Nov 5 2008, 17:51

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