The Swamplot Price Adjuster needs your nominations! Found a property you think is poorly priced? Send an email to Swamplot, and be sure to include a link to the listing or photos. Tell us about the property, and explain why you think it deserves a price adjustment. Then tell us what you think a better price would be. Unless requested otherwise, all submissions to the Swamplot Price Adjuster will be kept anonymous.
Location: 301 E. 10th St., Houston Heights
Details: 2 bedrooms, 2 baths; 1800 sq. ft. on an 8,200-sq.-ft. lot
History: On the market for 6 weeks.
A reader thinks this property is overpriced:
. . . even if it is lot price at 8,200 sq ft – listed for $600K it’s about double the price – I’ve seen 10,000 sq ft lots go for $325,000 (May 09). For a lot in the Heights it’s too high – yes it’s a corner lot – but there are no curbs on the street and it’s right near a church. To keep the house for a “conversion” as suggested would be too high as the house doesn’t even have central air or heat.
What would be a better price?
Sez our reader:
Asking $600,000 for this is a joke and I think it should be at the most $350,000.
What do you think?