Homes For Sale In Alexandria La- 150k-175k
Searching For a new home in Alexandria, Louisiana? Local home buyers can command a lot of home with an investment of 150k-175k dollars. Let's see what the local Alexandria La real estate market has to offer in this price bracket.
Market Statistics For Alexandria La
As of early Summer 2016, there were 16 homes for sale in Alexandria La priced from 150k-175k. Year to date, 25 homes in this price bracket have successfully closed escrow. How long should it take to sell a 150k-175k home in Alexandria? Every property is unique, but the average is a brisk 75 days on market. The biggest stressor on the housing market at the moment is a lack of inventory. Homes in this price range, priced properly according to size and condition typically receive multiple bids.
Steps To Purchasing A Home In Alexandria La
- Decide how much home you can afford. Speak with a trusted local lender prior to touring any homes. Sellers in Alexandria Louisiana normally expect to see a pre-approval letter to accompany any purchase offer. Need a referral? Simply reach out and we will connect you.
- Make a "Must Have" and "Would be great to have" list. Said list should be in line with your budget.
- Avoid low-ball offers. In the great Alexandria La real estate market such offers were rejected even during the Great Recession. Imagine how well such an offer will go over in a hot market?
- Negotiate the offer and all major terms.
- Don't skip the professional home inspection!
- After the inspection, the lender will order title work and the appraisal.
- At closing, sign documents and collect your keys!
Confused? Perhaps you are feeling a bit overwhelmed. Relax! Bayou Properties Realty (318) 613-1994 will be here for you every step of the way. Ready to search actual homes for sale in Greater Alexandria Louisiana? Click Homes For Sale In Alexandria La to get explore homes listed on the local MLS.
What Sort Of Features Can A Buyer Expect For 150k-175k
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