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Easement is killing my sale

Hello. I live in Northern Colorado and I’ve recently listed my house for sale. Our family has grown since buying our home 5 years ago and we are relocating to a home with more space. We are already under contract on our new home but the sale is contingent on the sale of our current home. Prior to listing our home for sale we discussed with our realtor who assured us that the market was hot and we would have no problem selling our house within the required 30 days. She told us we would more than likely get multiple offers in the first several days because there are so few homes on the market in this price range.

Our home is a two bedroom 1 and 3/4 bath on .19 acres. Homes with comparable updates and smaller square footage within a 0.5 mile radius are selling in less than a week for 35K more than our house is listed for. Our home has been on the market for more than 3 weeks and we have not received an offer. We have dropped the price 10K since listing it without any changes. I am worried that our easement is what is hurting us. Our home was built in the 1960’s and is surrounded by other older homes with odd lot sizes and shapes. Our neighbor’s lot is located behind ours. We have a legal easement. His driveway runs the length of our property with our house and 2/3 of the property to the west of the driveway and the remaining 1/3 to the east of the drive way. We have had no problems with this neighbor, he is kind and uses the driveway twice a day to come and go from work.

This driveway easement seems to be the biggest difference between our property and those nearby that are selling in days in the same price range. Do we drop our price again to make up for the easement? Are easements seen as terrible to potential buyers? When we bought the house there was no legal easement, only a long standing verbal agreement, so we had the easement documented with the city. There is a development under review for the land behind my neighbors house that could potentially provide him with an alternate access to his home and render the easement across our property void, but as I’ve said this is only under review and has no definite plan yet.

My realtor has no advice regarding the easement and says that there are no other homes in the area with similar circumstances that we can compare to. She also has not been helpful with providing solutions to our problem at this point and has been difficult to communicate with, but that’s a whole different post.

How much will having an easement effect the sale of my home and is there anything I can do about it?

submitted by /u/colopaige28
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source https://www.reddit.com/r/RealEstate/comments/fao4ky/easement_is_killing_my_sale/
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