Even with actual currency conversion, this is cheaper than Bangalore or Chennai real estate!
11 days on the market, NOT A SINGLE OFFER. Any guesses why? Part of me truly thinks it’s just the area. 215k is evidently still too expensive for many people for this area. I’m adding a fence around the whole property (3k~) hopefully that helps.
I’m concluding a few things, 1. I’ll need to start making these a bit more affordable, especially in this area. I’m thinking 199k max. 2. Perhaps it’s just high interest rates that are making this difficult to afford for many. 3. Lastly if this home doesn’t sell, I’ll refinance what I have into it and turn it into a rental.