New Listing in Brookfield

This is such a great home! I always like to take some of my notes from my listing appointment and share them here so you, the consumer can get a good idea about the property before making the journey out to see it.

This home was listing with another real estate broker prior to me getting the listing. When I walked in to meet the sellers, I was impressed by how large the yard was and what great potential there is in this home. I drove past this lovely park that has a very large pond. Neighbors were walking their dogs, jogging and playing in the park with children. Right around the park are these extremely extravagant homes that easily fetch well over where I knew my market analysis was for the home I was going to.

While meeting the sellers I knew that this was probably the "ugly kid" on the block. It is by no means an ugly home, it just needs some updating. Recently this has been an issue with other homes that are close to negative equity, as it is difficult to update when their is no money to pull out, or time to do so. Going in I knew that the City of Brookfields tax assessment was sitting at $344,500 for this home for the 2008 tax year, and that the last broker had it on the market for $300,000...which should give the new buyer equity of around $44,500. Unfortunately the tax assessments generally are high, and I knew that we needed to price the home under $300,000 to sell this home.

My sellers understood the delicate equation of location, price and condition. And they decided to list at $275,000! This would give a buyer equity of around $60,000 at closing (if we are looking at assessed value). Why is that important? Well, when a home needs a bit of updating the first thing you look at is how much will your updates net you in return. Location? Great. Price? Figured for the updates needed to be done. Condition? Not a total redo...just needs someone who can do the basics and has a knack for decorating.

Fact of the matter is: the sellers in their wisdom priced this home to sell in a very tough market, and are giving one of the best (if not THE best) deal on the market to date.

If you are looking to buy a fantastic home, in a fantastic location, for the best deal that you will find in Brookfield and possibly south-eastern Wisconsin...give me a call and I can show it to you. It is well worth the time!

Some of the features: 4 bedrooms

2 1/2 bathrooms

3 natural fireplaces

1.08 acres on a private cul-de-sac

2 1/2 car attached garage

sunroom attached to the garage

Unique "L" shaped ranch home

Brookfield location for well under assessment and market analysis

Newer roof, new water softener, all appliances included

Under floor radiant heat system

***CLICK ON THE PHOTO OF THIS PROPERTY TO THE RIGHT FOR FULL INFO***