For those folks keeping track, I FINALLY got the house closed on Monday after several delays. Done deal. Big sigh.
Dave, to answer your question, here are my comments:
I think the theater had a big impact on the sale of the house. Granted, its a great house on great lot to start with, but the theater and the basement was the icing on the cake. The fact that I left all the equipment and the seats was a selling point - it was a complete theater - turnkey and I think that really helps with the sale. I did not ask for additional funding for the equipment - after all it's now 3-4 years old. If I had pulled the equipment, then it would have been a pain for them to figure out the wiring and somewhat of a chore to get things up and running for them. I took the safe route in this market and I think the theater had a huge impact on moving the house quickly. After all, in the ATL market, which is horrible at this point, the house was on the market for 52 days. It was also one of the highest selling house in the subdivision in recent years (1800 homes in the subdivision - but different price points AND these people that purchased the house were already residents of the subdivision). Overall, i think it was a combination of factors that sold the house - but when I decided to actually build that house on that lot, I always had in mind resale and I knew it was going to go quickly. The theater was certainly a factor.
Bud
Dave, to answer your question, here are my comments:
I think the theater had a big impact on the sale of the house. Granted, its a great house on great lot to start with, but the theater and the basement was the icing on the cake. The fact that I left all the equipment and the seats was a selling point - it was a complete theater - turnkey and I think that really helps with the sale. I did not ask for additional funding for the equipment - after all it's now 3-4 years old. If I had pulled the equipment, then it would have been a pain for them to figure out the wiring and somewhat of a chore to get things up and running for them. I took the safe route in this market and I think the theater had a huge impact on moving the house quickly. After all, in the ATL market, which is horrible at this point, the house was on the market for 52 days. It was also one of the highest selling house in the subdivision in recent years (1800 homes in the subdivision - but different price points AND these people that purchased the house were already residents of the subdivision). Overall, i think it was a combination of factors that sold the house - but when I decided to actually build that house on that lot, I always had in mind resale and I knew it was going to go quickly. The theater was certainly a factor.
Bud















