Color Me Amused...or something

[gerisullivan]

Toad Hall, my old house in Minneapolis, went on the market in early July. It's now late October, and 3444 Blaisdell Ave is still waiting for a buyer. The asking price is now less than what I got for it 4 years ago. Even more remarkably, they're now asking $44,000 less than the assessed value the city gives the house.

Thanks to comments galacticvoyeur posted, I've now read the Truth In Housing statement from the inspection done in early May (in preparation for putting the house on the market). It sounds like the concrete laundry sink has some drainage problems, and I think the inspections department has cracked down a bit more on a few other things, too.

Mostly, I'm feeling like I really did sell at the right time -- not just in terms of my personal desires to move then, but the right time financially, too. Even with the new owner's decorating work (some of which looked great), the house just isn't updated enough to pull the kind of prices other houses in the neighborhood do. Instead, it's taken a few more steps back.

There's also the fact that they don't have Realtor Bob on their side, either.