Guess the sale price: 5-bed townhouse asking $945,000

miro_roofs

Property investor
Established
Get your estimate in before the sale completes, but do not let the five-bedroom label do all the work. This townhouse is asking $945,000 after 45 days on the market. It has 1,080 sq ft and is in average condition.

Give one predicted sale price and two reasons for it. For example, you might treat the time on market as evidence of negotiating room but then adjust for local supply. If a reduction or lease detail would change your answer, say what you would need to know.
 
$910,000. My two facts are the 45 days on market and average condition. Neither proves the seller will negotiate, but together they make me less inclined to predict a full-price result.
 
Do we know whether there has been a price reduction, and whether it is leasehold? Those could change the guess considerably. I’m also wary of reading too much into five bedrooms within 1,080 sq ft—the bedroom count sounds strong, but the actual room sizes and layout may narrow the buyer pool.
 
Since the game requires one number: $925,000. I’m weighting the $945,000 asking price and the 1,080 sq ft floor area most heavily, so I’m less bearish than Charlotte. The useful next step would be to compare one genuinely similar completed sale, then revisit the estimate if a reduction or lease detail emerges.
 
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