To make a long story short, this isn't going to be our house. Here's the deal: The asking a price is about $40,000 higher than the other houses on this street. Forty thousand! Take a minute to think about the stupid-crazy things you could do with forty thousand dollars:
- Take a six month cruise around the world
- Buy a brand new Lexus ES 300h Hybrid
- Own twenty spankin' new Prada handbags
- Buy enough velvet nailhead trim curtains from West Elm for 200 windows
- Buy Ipsy bags for you and 3,999 of your friends
Why are they asking so much? I have no idea. Some things inside this house are nicer than the other houses on the street, but there are location-related drawbacks specific to this house that bring its value back down to reality. Our offer was realistic, and I was surprised by the seller's response: She won't accept less than asking price, period. Um, has she looked at the comps for that street?! We're not willing to overpay, so it's back to the drawing board and the open houses.
I'm actually surprised by how not disappointed I am. I loved the house itself, but I'm not sure I'm ready to move to the suburb where I grew up. Even though we hit a dead end, something good did come from this: I am so fired up now! Making an offer was exciting and empowering, and I feel ready to take on the real estate market in a way that I didn't before.