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YES.... thats true of any good or service (real estate included) think of it this way if an ipad was $20,000 how many do u think would sell? Pricing anything too high results in fewer buyers able or willing to buy .... and pricing to low will result in everyone buying (or wanting to buy) eventually leading to supply shortages....pasadenan if you plan to "keep" something it may have value, but everything is worth something, meaning you would sell it for some price if offered.... if you never intend on selling something regardless of price offered (such as family treasure), its only worth is a "number value" on a balance sheet, but economicly "priceless"
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For Sale: $259,000
For Sale: $179,000
For Sale: $145,000