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Today's quote:

Saturday, November 11, 2017

New Year, new price, still a bargain

 

Im not terribly good with Photoshop™, so would you please pencil in the word 'still' yourself and, while you're at it, also insert the missing apostrophe? While you're doing all that, I'll explain to you my real estate marketing campaign for the new year:

People are suspicious. Seeing a neighbouring house (albeit with pool) on a mere 1700 square metres sell for over $1.7 million makes Riverbend's grand two-storey house on an enormous seven acres look suspiciously cheap at $1,995,000. Where's the catch? What's wrong with the place?

After all, the last vacant waterfront block in the neighbourhood, also a mere 1700 square metres, sold for $750,000 - and Riverbend's extra seven acres ought to be worth more than just an extra $200,000-plus.

Question is: how much more? The price of one extra 1700 square metre block? Two? That puts it in the price range of $2.5 million, even above $3 million. That's where   "Keep calm, it's still a bargain"   comes in:

From 1st January 2018, the listed price of "Riverbend" will increase by $130,000 to a still very cheap $2,125,000, just so that people will not immediately think that there's something wrong with the place.

Please let me know if you think there's something wrong with that.


www.tiny.cc/riverbendmap

P.S. Replied a reader, "Price it at $2,750,000. The person who buys it at 2 mill will think they got a real bargain." I'm thinking about it, Frank ☺