Being selected as WSJ.com’s House of the Year means triumphing in the weekly polls and then beating out 51 other contenders in the end-of-the-year poll. It can draw crowds to a home’s online listing. But despite the publicity, some Houses of the Year don’t sell fast. If there is a lesson to be learned from the fate of prior winners, it is that pricing your home low (or well below asking) can induce a speedy sale. While homes listed for over $5 million have lingered on the market, 2016’s winner, priced under $500,000, sold...

Source: Wall Street Journal January 30, 2020 17:04 UTC