Recent comments in /f/newhampshire

ProlapsedMasshole t1_j7e1430 wrote

Look at the Comparable homes listed. It's an order of magnitude nicer than any of them. I don't know Walpole, but based on location and comparable sales it seems like the nicest house in a not so nice area, or at least for recent sales.

I'd buy that at 480k tomorrow if it wasn't in Walpole, so I guess that's your answer.

If your realtor is saying prices won't drop though, they're:

A) unethical

B) wrong

That said, they've no obligation to you after the deal is done, just like you're under no obligation to buy based on their advice.

1

Rocketman2026 t1_j7e0vxp wrote

If you can afford the payment and you bought it because you loved it go enjoy it. Prices go up. Prices go down. There is NO house that dropped 22% in 1 or 2 months. None, so Z is BS, as suggested by others. I would be concerned slightly that it was sold, then not, then sold, then not, all year for like 550k or so. Clearly something went down. But it looks like you have a great house, you bought it for like 80k less than the dudes over the summer tried to buy it for, and so forth. Step back. Do you love it? Are you happy? Well go trek around those 15 glorious acres of forest and enjoy your life!! You are a lucky person.

9

movdqa t1_j7dzz94 wrote

He had to replace them but with 6 foot trees instead of 100 foot trees. He also had to remove a freshly paved area and regrade as he was dumping water onto our property from his parking lot resulting in flooding in our neighborhood. This was a strip mall and they had to agree to a number of concessions to get approval for any further changes.

He bought the property and it appears that the previous owner told him the property boundaries that weren't accurate. He also didn't know about some of the requirements put in place when the strip mall was originally built. He hired an architect to straighten out the mess. I made a 25-page presentation and printed 15 copies as that was the requirement and his architect already had a proposal at the meeting after my presentation.

1

RoadAdventures t1_j7dx7ud wrote

They don't - they list at an asking price that got picked after a long discussion between them and their realtor, which accounts for what the timeline of the seller is, recent comparable sales, market trends, interest rate forecast, and a ton of other details which Zillow knows little about.

Zillow is fine for a quick ballpark number. Anything else, they are too much of a one size fits all answer to a very unique question - what is THIS house worth?

25

RoadAdventures t1_j7dw009 wrote

Nobody can tell anyone what the future price of a house will be.

If they really could do that, they would make a huge fortune in real estate.

I would not pay much attention to Zillow - the only way to find out how much a house price should be is to put it on the market.

Anything else is an (more or less) educated guess.

>What would you say to the realtor who keeps saying price won't drop in price, but is now no longer in touch with you after they get your commission check.

Nothing, until you need to sell your house, and even then, you would only need to talk to them if you want to hire them for the job.

They earned that commission check when they closed the deal. No future obligations left.

55