Not much of an update

Days on the market - 8
Showings - 0  

There was an open house for realtors yesterday, with only one showing up in the 2 hour period.  The feedback we received included that at the price we've set the house should have hardwood floors and new flooring throughout.  He liked the yard but felt it wasn't a family home because there is little grass.  As I said to Curtis, this was formerly a foster home, the smaller shed is a play house, so obviously children can live here.  Plus we have two parks within a 5 minute walk.  The other agent also noted the one minor fix I hadn't thought to do so yesterday afternoon I peeled the linoleum off the base of the island (it was loose), took off the residue glue and painted it.  It looks neat and tidy now so hopefully it won't dissuade anyone from purchasing the house.  Bah!  

On the other hand, as of Tuesday there had been 334 views of the MLS listing, 133 had viewed the photos, and 11 had marked it as a favourite.  There is a public open house on Saturday and Curtis believes that those last folks are likely to show up.  

We're already talking a price reduction. It seems far too early to me and we'll wait until this weekend's open house is over and decide on the basis of the feedback we receive then.  I've been playing with my spreadsheet, inputting various scenarios and making a decision about my bottom line.  I did some research on pricing here in Regina, and did some comparisons to properties currently listed.  I truly believe I'm not that far off so for the time being I'm sticking to my guns.  At least until I'm convinced otherwise. 

Have a great weekend everyone!