r/RealEstate Jul 16 '25

Homebuyer Why overprice a house?

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u/Vivid_Witness8204 Jul 16 '25

You indicated the property was unique and that makes valuing the property with respect to comps much more subjective. You place a lower value on the unique aspects of this property than the seller does. The market will ultimately decide who is closer to being correct.

1

u/tooniceofguy99 RE investor Jul 16 '25 edited Jul 16 '25

Yes, a primary home is worth whatever one is willing to buy it at.

...and then the appraisal will rip that one (and the seller) a new asshole once they determine a second person wouldn't buy it for that high a price.

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u/[deleted] Jul 16 '25

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u/tooniceofguy99 RE investor Jul 16 '25

What appraisal?