Help! House won't sell
Hey all, just looking for some advice.
We've had our house on the market via a REA since early March with no real interest. We had one offer which at the time we thought was too low, and apparently the odd group showing keen interest which hasn't amounted to much of anything.
It's an old house. We've done some extensive renovations at vast expense, but there is definitely more to do.
We're in the Wellington region, and the market seems to have taken quite a downturn, starting around the time we listed.
The feedback we've seen is people aren't looking for too much maintenance, and one of the three bedrooms is a bit awkward and people can't see how that would work. That's it. It presents well inside.
We've dropped our price expectation by about 10% since we started. Is it just a case of adjusting that downwards until we get interest? Is there anything else we should be looking to do at this point?