28th & France Ave. by Cedar Lake This Morning
It’s hardly unusual — especially in the Summer near the Lakes — to see a line of parked cars in front of a home, with a crowd of people in front (or waiting to get in).
But, it IS unusual to see that . . . early in the morning.
The explanation: the homeowner is holding an estate sale, and the folks who track such things know that the best deals go fast (most estate sales start Thursday or Friday a.m. and run through the weekend).
Next: Sale #2
About 90% of the time, the estate sale is followed by another sale within 6-8 weeks: the home itself.
The other 10% of the time, it’s already been sold, sometimes before officially going on the market.
The key variables are: 1) how dated the furnishings are; and 2) what kind of condition the home is in.
Especially when a long-time owner vacates, their home usually fetches more money by emptying it out first, then doing cosmetic updates like removing old carpeting and refinishing hardwood floors.
P.S.: I suppose the other explanation for all those cars is that the party was AMAZING, and started the night before. 🙂
See also, “Today’s Estate Sale = Tomorrow’s New Listing (Usually)“; and “Buyers, Sellers, Agents & Estate Sales.”
