Aug 30
My wife fell in love with this house. It's a nice house, I agree. But the problem is that it is twice as big as the average house there and the lot is also twice as big as the rest. There are 141 houses in the neighborhood and only this one is in the $400's; one in the $300's; 31 in the $200K-272K; and 108 in the $155K-199K. We can afford the house but thinking ahead, are we going to be able to sell this house for its value? By the way, we are getting only a 6% price reduction from the asking price, but a 12% reduction from the county appraised price.
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