overbuilt rancho cordova home

The Story of Selling an Overbuilt Rancho Cordova Home

overbuilt Rancho Cordova home

One of my listing specialties is selling white elephants like this overbuilt Rancho Cordova home. We call them white elephants when they don’t conform to the neighborhood, not that there is anything specifically wrong with the home. Most of the homes in this subdivision are 1,200 to 1,600 square feet. This particular home is over 2,100 square feet. Pricing is different when a home is larger than others around it. Usually the per square foot price is less than the surrounding homes.

A recurring complaint from buyers was they didn’t like the fact this home mirrored the home next door. The exterior appeared identical, except for a reversed floor plan, which meant the garages, which were side facing, also faced each other. One potential buyer from Chico called to say he was submitting an offer. A few minutes later he said he looked at the home on Google, spotted the garages facing each other and said, nope. No offer. read more

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