Are you curious about the current state and future outlook of the Staten Island real estate market? In this comprehensive 2024 analysis, we’ll dive into the key trends, statistics, and factors shaping the housing market in Richmond County, NY.
Key Takeaways:
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5 BEDS 4 BATHS 4,300 Sq Ft
LISTING PRICE: $1,688,000
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Thinking about selling your Todt Hill mansion or your charming Tottenville colonial without a real estate agent? Hold up! While the idea of saving on commission fees through a for-sale-by-owner (FSBO) transaction might sound tempting, especially in Staten Island’s competitive market, you might want to think twice. Here’s a startling fact: FSBO homes typically sell for 26% less than agent-assisted sales. As a local who’s seen the Staten Island market evolve, let me walk you through the seven most significant perils of FSBO transactions that could turn your dream sale into a nightmare.
Whether you’re selling a waterfront property in St. George or a single family home in New Dorp, one of the biggest perils of FSBO transactions is getting the price wrong. Home valuation mistakes can cost you thousands. Without access to professional real estate market analysis tools, you might end up emotional pricing in real estate, letting your attachment to your home cloud your judgment.
Recently, a seller in Huguenot tried the FSBO route and priced their home based on their neighbor’s sale price, not realizing the significant upgrades that property had. The result? Months of sitting on the market with no offers. The FSBO vs agent sale price difference became painfully clear when they finally hired a professional.
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Click for the listing page for 22 Girard St →
Welcome to 22 Girard St, a desired single-family townhouse situated in the neighborhood of Tottenville. The home has a total living area of 1,680 square feet on a 14 x 62 lot, with 2 bedrooms, 3 bathrooms, and a built-in garage. The smartly designed three-floor layout optimizes both functionality and flow.
This property stands out not only for its size but also for its exceptional location in Tottenville, which plays a crucial role in real estate. You can find plenty of good schools, convenient amenities, and a strong sense of community in the area.
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