Saturday, August 20, 2016

The Sloopin Open House:
Two Similar Townhouses; Two Differing Prices

Real estate listing prices can be a tricky thing.  This weekend, we noticed two townhouses in the same complex with relatively similar layouts (as far as we can tell) but with drastically different pricing.

These two townhouses are listed as 3 floor units with 2bd/3bths.  Both have roofdecks as well.

The main difference is one is remodeled:

And one is not:

So what's the difference in price?

  • 1434 S. Federal St - $769K
  • 1341 S. Clark St - $550K
That's a whopping difference of $219K!

Now we understand a remodel can be worth a good chunk of change, but that seems like a lot.  

Should be interesting to see which one sells faster and what they end up selling for.  

If you would like to check out these units head on over

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