Let me start by saying I know this is a terrible time to sell. My wife and I decided to cash out of the home we built together in AL (sold June 2021), and we used the proceeds from that sale to buy a historic home in another town 20 mins away in Columbus, GA. We thought it would be fun to live in old home. We knew it might not be someplace we'd stay in forever, but we wanted the experience.
The home was built in 1905, and there have been a few issues come up along the away. Old homes are like old people, they need more care. I didn't understand this when we bought the place. I'm already an anxious person, but this has pushed me over the edge. I work from home, and all I do is think about the house. Things that could be improved and potential issues I want to prevent. Was that spot on the ceiling always there? Do I need to replace that appliance now before it becomes an issue later? It's not a bad home, but it's too much for me. Almost 4,000 sq. ft. with a large front and back yard. I decided a few months ago it was best to end the experiment now, and move on. As I mentioned above, I know it's a terrible time to sell, but I'm doing it to retain my sanity. At this point in my life, I want to be able to travel for work as often as I need to, and not have to worry about the yard or an issue that I'd be leaving for my wife if something inside breaks.
We priced it $550k after purchasing it last year for $495k. I felt like $535k was a good place to start, but I trust my realtor. After having it on the market for two weeks, we've had one showing. I want what few buyers are out there to know we're serious, so we reduced the price to $525k at my request.
Was that a bad move adjusting the price so quickly? I'd also like to get a second opinion from another professional on pricing and details from the listing that might turn buyers off. I trust my agent, but in my line of work we always have someone else provide a review because collaboration yields better results. If that's not allowed on this sub, then I can remove the request. It really is a lovely home, and would be a great place for someone who can handle and value a historic property.
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source https://www.reddit.com/r/RealEstate/comments/ybj6me/stressed_seller_looking_for_advice/
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