There's a house for auction near me advertised at "Bidding guide $295,000"
That really caught my eye because I would have pegged fair value at around $400k (a nearby one of similar size & age went for $435k at auction a few weeks ago, but this one backs onto a train line).
Is it normal for the agent to under quote by that much?
I wasn't planning on buying anything for a while but if it could go for under $400k I could be tempted to have a look
Under quoting auction price
That really caught my eye because I would have pegged fair value at around $400k (a nearby one of similar size & age went for $435k at auction a few weeks ago, but this one backs onto a train line).
Is it normal for the agent to under quote by that much?
I wasn't planning on buying anything for a while but if it could go for under $400k I could be tempted to have a look
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