Seriously!! You're surrounded by $700,000 mansions! Having those woods behind your place is an added bonus. There is a $485K house a block away for sale but it's just a plain rancher with some updates. Yours is priced low enough that a buyer could still spend a few hundred k in upgrades and not price it above the neighborhood.... and have a unique farmhouse instead of a McMansion. Are you advertising on Hemmings?
To me, no HOA is a huge selling point. We are one of very few in our area w/o one and while I wasn't crazy about the house itself (wife liked it), I liked everything else (garage, lot size, schools, location, natural gas, city water/sewer, no HOA, pool, etc.). This area is well within commuting distance to Washington D.C., Baltimore, and Frederick, MD and DC real estate is insane. Within 20-25 min. closer to DC than Bruce's, you can't buy a townhouse in a nice neighborhood for $485k. If it weren't the complete opposite direction of both mine and my wife's work, we'd have been all over this already. Someone is going to get a great deal here.
Nice looking place! I just viewed the listing and looked @ all the pics. I'm just wondering if removing the silo would change the looks enough to attract better and more potential buyers? To me it just kinda sticks out as an eyesore. Anyone else think the same or? Keith
It was original farmhouse for 300 acre farm so IMO it adds character to the place. Part of it's history. Also, it is in perfect condition. A friend says it looks like a big penis but my mind never went there.....
Well it maybe in perfect condition and to some it may add character. But I'm thinking maybe some people may not see the same as you or I do and possibly view it as a distraction or even worse a deficit rather than an asset. Keith
I can't speak as to what the hold up is exactly but i would look at the facts. It's a nice looking place that you can't sell. Your neighbors are getting 700k, you can't give yours away for 485k. What is the difference? The silo? If it costs you 5k to knock it over and you'll get 100k more, it's a no brainer. Same for the garages. You can probably sell the buildings and have them dismantled. Also- lose the picture of the inside of your shop with the clutter and dirty floors. Not appealing at all..
About 100 years.....The neighbors are 15 year old McMansions and Bruce's is a 115 year old farmhouse. Each appeals to a totally different type of buyer. Some like historic buildings with real character, some just want granite counter tops and great rooms like they see on HGTV,
It's the extra buildings that is killing him. The market is probably 60/40 for folks who prefer new home to old. He can overcome that. That much storage only appeals to maybe 1 in a 1000 people, if not less. To the vast majority of buyers it's wasted space and more up keep. He's either waiting to find the needle in the haystack or he needs to broaden his market and take the buildings down. He might spend 50 doing it but will get much closer to his original asking price and it'll sell much quicker.
Not everyone likes Buicks but I'm sure as hell not crushing my car if I couldn't sell it. The right person will come along. I live in a 117 year old Victorian home about 4500 plus sq.ft.. The house has servant stairs that are not to modern code too steep and too narrow, That adds character to the house not a depreciative trait. As I've said the right buyer will come along. Change your marketing and remove the garage picture put in an empty shot if you have one.
This would be a kin to taking off 26" spinner rims off your wildcat and installing factory rally rims. He could sell the buildings and car port. He might break even on the excavation and landscaping work. Again if it costs him 50 but he gets 600k instead of 385.... what would you do?
I think I suggested this before, but put some posts up on the Garage Journal board. .... some pics in the 'Garage Gallery' section, and an ad in the classifieds. https://www.garagejournal.com/forum/index.php
Thanks for the ideas.... I just spent 5K on excavating and repairing the retaining wall between the barn and silo so it's not going anywhere. The carports could be removed but I don't know about the 5 car garage/shop.
