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I have only one offer

Our house is on the market for more than 30 days. CMA suggested the price as 480K (max). We put in the market for 499k as we had put in upgrades which were not accounted for (new roof, new patio and front doors etc.) We had to reduce the price by 10k after a few weeks. We now have an offer at 470k (started from 460k and counter offered a few times to this price). Is this too much of a low-ball offer? Another smaller house in the neighborhood with 1 less bedroom and smaller sqft went for 455K. I am concerned about losing this offer too, but don't want to give in to a low balling buyer. We are purchasing a bigger house in another state and can definitely use the money from the sale.

submitted by /u/Mundane-Taste-2284
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source https://www.reddit.com/r/RealEstate/comments/159610r/i_have_only_one_offer/
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