{"id":971968,"date":"2026-10-13T09:32:55","date_gmt":"2026-10-13T13:32:55","guid":{"rendered":"https:\/\/www.houzeo.com\/blog\/?p=971968"},"modified":"2026-10-13T09:33:01","modified_gmt":"2026-10-13T13:33:01","slug":"cash-offers-customer-story-steve-sold-his-home-for-97-percent-of-its-estimated-value","status":"publish","type":"post","link":"https:\/\/www.houzeo.com\/blog\/cash-offers-customer-story-steve-sold-his-home-for-97-percent-of-its-estimated-value\/","title":{"rendered":"Steve Sold His Scottsdale Home for 97% of Its Estimated Value with Houzeo Cash Offers\u00a0"},"content":{"rendered":"\n

A gated community and nearly acre-sized lot with a saltwater pool with a rock waterfall. Steve’s Scottsdale home had plenty to set it apart. When it sold for $1,499,000, it was just 3.4% below its estimated value of $1,551,420.\u00a0\u00a0<\/p>\n\n\n\n

The sale also came with a clear timeline. The home went under contract on June 8, 2026, closed on July 6, and was marked paid on July 13. After about 8 weeks on the market with Houzeo Cash Offers, Steve’s sale moved from under contract to closing in 4 weeks, with the payment coming through 1 week later.\u00a0<\/p>\n\n\n\n

A Scottsdale Home Worth Remembering<\/strong><\/h2>\n\n\n\n

Steve’s home at 36061 8th Place sat inside Encanto Norte, a gated community in Scottsdale, AZ. Built in 2006, the 3,562 sqft family residence had 4 bedrooms, 3 bathrooms. The property sat on a 40,967 sqft lot, with desert landscaping and no neighbors directly behind the backyard.\u00a0<\/p>\n\n\n\n

Inside, high ceilings framed two separate gathering spaces: a living room and a family room, each with its own fireplace. The kitchen was equipped with Viking, Sub-Zero, and Wolf appliances. <\/p>\n\n\n\n

Granite countertops, a kitchen island, a pantry, and a breakfast nook completed the space. The primary suite included a walk-in closet and a jetted tub, while a separate den offered additional flexibility.\u00a0<\/p>\n\n\n\n

Outside, a saltwater pool with a rock waterfall, a freestanding hot tub, a built-in BBQ, and a covered patio with heaters made the backyard a standout feature. The extended seating area also created multiple spaces to enjoy the backyard. The home came with solar panels, a three-car garage with built-in cabinets, and a paver driveway.\u00a0<\/p>\n\n\n\n

It was also a higher-priced property by the local standards. Scottsdale\u2019s median home price was $970,000 in April 2026. This put Steve’s $1,499,000 sale price about 55% above the city median.\u00a0<\/p>\n\n\n\n

This price difference paints a full picture. Steve wasn\u2019t selling a typical Scottsdale home. With its combination of indoor space, outdoor amenities, and a large lot, it was a distinctive property in the Scottsdale market.\u00a0<\/p>\n\n\n\n

The Decision to Sell<\/strong><\/h2>\n\n\n\n

Selling a distinctive home in Scottsdale\u2019s higher-priced market meant finding a buyer willing to pay for what the property offered. Steve’s home had nearly an acre of land, upgraded interiors, and a backyard built for entertaining. It took about eight weeks to go under contract.<\/p>\n\n\n\n

From Listing to Contract<\/strong><\/h3>\n\n\n\n

Steve listed his Scottsdale home with Houzeo on April 13, 2026, for $1,525,000. About eight weeks later, on June 8, it went under contract through Houzeo Cash Offers. <\/p>\n\n\n\n

The home sold for $1,499,000, or 98.3% of its original list price, compared with Scottsdale homes\u2019 median sale-to-list ratio of 96.7% in April 2026.<\/p>\n\n\n\n

That comparison doesn\u2019t tell us exactly what drove the sale. Every property has its own combination of price, features, location, and buyer demand. Still, it places Steve’s timeline within the context of the local market.\u00a0<\/p>\n\n\n\n

Four Weeks From Contract to Closing<\/strong><\/h3>\n\n\n\n

Steve’s home went under contract through Houzeo Cash Offers on June 8. The sale price was set at $1,499,000.\u00a0<\/p>\n\n\n\n

Over the following weeks, the home remained under contract before closing on July 6. It moved from an accepted deal to a closed sale in 4 weeks. Steve collected his cash on July 13, bringing the process to an end. <\/p>\n\n\n\n

Steve had sold his Scottsdale property for nearly 97% of its estimated value, with the deal moving from contract to closing in 28 days.<\/p>\n\n\n\n

The timeline gives a clear picture of how the sale progressed: <\/p>\n\n\n\n

Date<\/strong><\/th>Transaction Status<\/strong><\/th><\/tr><\/thead>
April 13, 2026<\/td>Listed with Houzeo Cash Offers<\/td><\/tr>
June 8, 2026<\/td>Under Contract through Houzeo Cash offers<\/td><\/tr>
July 6, 2026<\/td>Closed, awaiting payment<\/td><\/tr>
July 13, 2026<\/td>Closed and Paid<\/td><\/tr><\/tbody><\/table>
The records document the key milestones from listing to payment. They do not, on their own, establish what happened during every stage of the transaction.<\/figcaption><\/figure>\n\n\n\n

The Numbers Behind the Sale<\/strong><\/h2>\n\n\n\n

Steve’s final sale price came close to the estimate generated by Houzeo\u2019s Home Worth Calculator. Here\u2019s how the main figures compare.<\/p>\n\n\n\n

Sale Detail<\/strong><\/th>Amount<\/strong><\/th><\/tr><\/thead>
Houzeo\u2019s Home Worth Estimate<\/td>$1,551,420<\/td><\/tr>
Final Sale Price<\/td>$1,499,000<\/td><\/tr>
Difference<\/td>$52,420<\/td><\/tr>
Sale Price as a Share of Estimated Value<\/td>96.6%<\/td><\/tr>
Buyer Agent Commission (3%)<\/td>$44,970<\/td><\/tr><\/tbody><\/table>
The Home Worth figure is an estimate, not a formal appraisal or a guaranteed sale price. The comparison shows how the final price aligned with the calculator\u2019s estimate for this property.<\/figcaption><\/figure>\n\n\n\n

The transaction also included a 3% buyer agent commission, equivalent to $44,970 on the sale price. Commission arrangements and other transaction costs can affect a seller\u2019s proceeds, so the sale price alone does not represent the amount a seller ultimately receives.<\/p>\n\n\n\n

A Sale That Went as Planned<\/strong><\/h2>\n\n\n\n

Steve’s home had spent weeks on the market before finding a buyer. With the offer accepted, the focus shifted from finding the right buyer to bringing the sale to completion.<\/p>\n\n\n\n

The Final Stretch<\/strong><\/h3>\n\n\n\n

By July 6, Steve’s Scottsdale home had reached closing after four weeks under contract through Houzeo Cash Offers. The sale price was $1,499,000, and payment followed on July 13, a week after closing.<\/p>\n\n\n\n

The Story in Numbers<\/strong><\/h3>\n\n\n\n

Steve’s home sold for $1,499,000, about 97% of its $1,551,420 Home Worth estimate. It went under contract on June 8, closed on July 6, and had payment recorded on July 13.<\/p>\n\n\n\n

The home went under contract eight weeks after listing with Houzeo Cash Offers, then reached closing four weeks later.<\/p>\n\n\n\n

Closing Thought<\/strong><\/h3>\n\n\n\n

On a nearly one-acre lot with no neighbors behind it, Steve’s home had plenty to set it apart. It found its buyer and reached closing, bringing the sale of this distinctive Scottsdale property to its conclusion.<\/p>\n\n\n\n

What Steve’s Sale Means for Sellers Considering Cash Offers<\/strong><\/h2>\n\n\n\n

Selling a home worth nearly $1.5 million comes with a different set of considerations. A property\u2019s size, location, and amenities all shape its value, so as a seller you need to look beyond broad market averages when evaluating an offer.<\/p>\n\n\n\n

Steve’s sale offers a useful example. His home sold for about 97% of its estimated value, despite having features that set it apart from the typical Scottsdale property. That makes the comparison between the final offer and the home\u2019s estimated value more meaningful than looking at the city\u2019s median sale price alone.<\/p>\n\n\n\n

For sellers considering Houzeo Cash Offers, the lesson is to weigh the complete offer, not just the headline price. The proposed closing date, commission, other costs, and terms all affect whether an offer makes sense for your situation. Steve’s transaction provides one real-world reference point, but the right choice will depend on your property and priorities.<\/p>\n\n\n\n

Helpful Resources<\/strong><\/h2>\n\n\n\n