Make Me Move Price

If you happen to be watching, you might have noticed that I have lowered our 'Make Me Move" price a few times over the last 2 years. It was previously at 840K. Then I moved it down to 800K. This was primarily a response to the declining home prices in Seattle (off about 6% at this time and expected to go to about 10% off when it is all over).

However, the newest change down to 760K reflects the tanking market in San Diego, CA.

This is where we are headed; and to get there requires us to sell our house first (well sort of first). So now you as a potential buyer get to buy a cool house in Redmond, WA but benefit from the terrible housing market in San Diego (which is off about 22%).

It is shame that Zillow's estimate is not using the actual average per square footage for our neighborhood. During the last year, houses were selling much closer to 300 per square foot. It also is claiming that comps to our house are 250 per square foot; this is because it is comparing our house to ramblers. Yes technically our house has a day basement (since the first floor is below the ground of the back yard) but it is not as such (it is at ground level to the front of the house). Plus our house is nowhere near rambler. It is an ultra modern design with an open layout. The Zillow estimate really should be using something between 260 & 280 per square foot.
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June 30 2008
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Answers (4)

Well Seattle prices have dropped some more.  But as I have said before the logic to my pricing is primarily based on the San Diego market which has continued to tank.  So the Make-Me-Move price has been lowered yet again.
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October 25 2009
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"Feel free to contact me directly via email at keith (at) rettig dot net."

Just did.
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July 18 2008
I really do appreciate your offer.
However, I was going to first try to use RedFin for about 3 months and then let the realtor that helped buy our house try for 3 months. The clock would start once I get around to really trying to get to San Diego (right now I am procrastinating due to the continued tanking of their housing market - as I would get more house as it continues).
How can I accomplish these goals and fit into your goal of at least being the buying agent? I would presume you only want to put houses on your site that you are representing for sale...
Feel free to contact me directly via email at keith (at) rettig dot net.
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July 18 2008
Profile picture for Gerhard Ade
Good point about the Zillow way of estimating values.

Perhaps I can help you to get more exposure for your home and attract more potential buyers. My website "listmyredmondhome.com" ranks on page one with Google for terms such as "redmond homes" and "redmond real estate". If you wish, I can create a page on that site for your home. Also, I have a German website "uswestimmo.com" where German Microsoft transferees look for real estate in Redmond.

I am a real estate agent (as you can see on Zillow).
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July 18 2008
 

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