I recently listed a property in Weslyan Chase, a townhome that is featured on our website. This property easily fits into the first time buyer category being under 200K. Weslyan Chase has two primary sections, one made up of comfortable single family homes starting in the low 200's with the largest going for over 300K, the other section is surprisingly spacious townhomes with and without garages. The largest of these top out at about 195K with over 1600 square feet and a garage.
Many home buyers choose Weslyan Chase for it's neighborhood feel, multiple parks, it's relatively new design and construction, along with it's convenient proximity to many of the areas large employment centers
I listed the property during the middle of last week. The owner, a referred client, took my recommendations with respect to pricing and a couple of fix up items /improvements. Also the owner packed everything away that needed to be packed and did a little touch of painting. The property showed perfectly, our pricing strategy priced the property ever so slightly under the middle of the pricing spectrum. 3 days later we are negotiating with a buyer for the home. 2 days later we are under contract at the median price and above the list price for the home.
Proper staging and pricing made the difference with this home. Buyer's loved it, and in the end multiple buyers became interested very quickly.