Is there a bad stigma attached to buying a model home? Why do they sit on the market so long?

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March 11 2009 - US
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Answers (3)

Profile picture for Ron Touchette
The other reason is that the model is there to showcase the Builders work and the intention is to attract Buyers and then build them a home specific to their desires.  The model home typically is designed to sell when the project/development is filled up.
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March 11 2009
Profile picture for sunnyview
I have seen that too, but I agree that it is about price. Many models have every upgrade possible. You have to pay for them even if you wouldn't have ordered them.
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Profile picture for Prescott REOs

In my experience, it's because they are priced too high.  The builder wants to recover the cost of all his upgrades and many buyers don't value them as a "package."

Kind of why the luxury editions of say, the Nissan Titan at $43K, don't do nearly as well as the basic model at $28K.

:) PS

Prescott Area Foreclosures

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