Same Listing Firm, Identical House, $270K Diff!
This is a real head scratcher. Corcoran has had 116 Willoughby (left photo) listed at $1.325 million for a few weeks. It’s a well-renovated (albeit narrow at 17 feet) limestone with a ton of nice original details. No accepted offers yet as far as we know, but the price seems doable in this market. So…
This is a real head scratcher. Corcoran has had 116 Willoughby (left photo) listed at $1.325 million for a few weeks. It’s a well-renovated (albeit narrow at 17 feet) limestone with a ton of nice original details. No accepted offers yet as far as we know, but the price seems doable in this market. So then this week, Corcoran gets the listing for the house next door–118 Willoughby (right photo). Similar in all regards, as far as we can tell, except for the asking price which is a whopping $1.595 million! Now maybe there’s an explanation here, but it’s hard to see how even marginal advantages would explain the $270,000 price difference. Decide for yourself: You can get a peek at the more expensive of the pair at the open house on Sunday from 1:30 to 3:30. If we were the owners or the brokers of the cheaper one, we’d open our doors simultaneously to create some competitive side-by-side shopping.
116 Willoughby [Corcoran]
118 Willoughby [Corcoran]
3D floorplan – best tool ever is sketchup!
http://www.sketchup.com
Very intuitive – I did my apt after about 5 mins on the tutorial.
VDH
Just FYI, 116 Willoughby is gone to the highest bidder. There is an accepted offer on 116. I know b/c my husband and I made a bid and were told we’re in 3rd place, and to stay tuned to see whether the other deals go through. Not holding our breaths or anything, but it is a lovely house–the photos of the LR don’t do it justice–it’s not that skinny. Not sure why next door costs more–really looks similar.
Not sure why this is surprising: the condition of a house, not to mention possible extensions, etc., could make an enormous difference in its real value even if the house is otherwise “the same.”
Don’t care (I suspect owners set it) — but I wonder what software they used to make the last 3 floorplan pages on the 118 house. Sorta an ugly 3D thing. I need a floorplan program like this to use on my mac. If anyone knows, I’d be grateful.
As often as not, owners price the house.
that extra kitchen on top floor of 118- isnt that worth $200k?