Why did my home not sell the first time?

Common reasons include pricing strategy, marketing approach, property condition or staging, and overall market timing. A home that sits on the market often suffers from a combination of these factors. Our team specializes in analyzing what went wrong with a previous listing attempt and creating a new, proven plan to attract qualified buyers and secure a successful sale.

What is the best strategy to sell a home that did not sell?

The best strategy involves a complete repositioning of the property. This includes a data-driven pricing adjustment, professional staging to enhance appeal, a new set of high-quality photos and video, and a targeted marketing campaign that reaches a fresh audience. We specialize in converting expired listings and For Sale By Owner (FSBO) properties by implementing this comprehensive approach.

Is pricing a home higher a good strategy?

Pricing a home significantly above its market value is rarely a good strategy. It typically leads to extended time on the market, fewer showings, and lowball offers, as buyers and their agents may perceive it as unrealistic. The most effective strategy is strategic pricing based on current, local comparable sales (comps) to generate maximum interest and competition, which ultimately drives the highest possible sale price in the shortest time.

What improvements should be made before selling a home?

Focus on high-ROI (Return on Investment) updates. These often include a fresh coat of neutral paint, addressing any deferred maintenance or minor repairs, enhancing curb appeal with landscaping, and professional cleaning and staging. We provide specific, tailored recommendations for your property to ensure you invest only in improvements that will directly contribute to a higher sale price and faster sale.

What marketing is needed to sell a home today?

Effective modern marketing is a multi-channel effort. It requires professional photography, cinematic video tours, targeted digital advertising on social media and search engines, and direct outreach to a network of active buyer agents. We provide a luxury-level presentation and marketing plan for every property, regardless of its price point, to ensure it stands out and captures the attention of the right buyers.

How long does it take to sell a home in Knoxville, TN?

While the time to sell is highly dependent on the specific property, price, and current market conditions, our strategic approach consistently outperforms the average. Our listings average about 31 days on market, and our track record shows an average sale price that is 5% above the list price, demonstrating the effectiveness of our pricing and marketing strategies.

Is it a good time to sell a home?

The 'best' time to sell depends on your personal goals and the current market dynamics. We track key indicators like inventory levels, buyer demand, interest rates, and pricing trends daily. Contact us for a complimentary, no-obligation consultation and a current market analysis to determine if now is the right time for you to make a move.

Does timing matter when selling a home?

Yes, timing can significantly impact your sale. Seasonal trends (like the busy spring and fall markets), local economic factors, and broader shifts in interest rates all play a role. We help our clients navigate these cycles to launch their homes on the market at the most opportune moment to maximize their financial return and achieve their timeline goals.

The market is constantly changing. Instead of a generic answer, we provide a free, customized East Tennessee market report tailored to your specific neighborhood and property type. This report includes current statistics on sales, inventory, and pricing trends to give you a clear and accurate picture of the market as it relates to you.

Why should I use you?

You should choose us for our proven track record and commitment to results. With over 300 successful transactions totaling more than $125 million in sales volume, we are a Top 7 team in Knoxville by transactions (RealTrends Verified). Our 5.0-star average across 140 reviews shows what clients experience: honest guidance, clear communication, and follow-through. We specialize in complex situations like expired listings and FSBOs, delivering honest guidance, strategic marketing, and relentless execution to protect your equity and achieve your goals.

2704 Lakewood Lane, Knoxville, TN 37921 - Chris Ball Properties

$1,025,000

Welcome to 2704 Lakewood Lane, an extraordinary historic estate nestled on a picturesque tree-lined street in one of the area's most distinguished neighborhoods. Rich in character, timeless architecture, and thoughtfully renovated with today's modern conveniences, this remarkable residence offers an exceptional blend of historic elegance, luxury, and comfort. Positioned beautifully on… Read More a private, wooded setting, the home enjoys breathtaking views from every angle. Multiple rooms open onto private balconies and terraces overlooking peaceful woods and beautifully landscaped grounds, creating a serene retreat just minutes from city conveniences. Step inside the grand foyer, where you'll immediately appreciate the exceptional craftsmanship that defines this home. Intricate moldings, richly paneled walls, and six stunning mantled fireplaces showcase the home's historic charm, while generously sized rooms provide abundant space for entertaining and everyday living. The elegant formal living room is located just off the foyer, creating a warm and inviting first impression. The completely renovated kitchen is truly the heart of the home, featuring beautiful quartz countertops, custom cabinetry, a large center island, brand-new appliances, updated lighting, and ample space for gathering with family and friends. Just off the kitchen is an expansive family room, perfect for entertaining, complete with a striking spiral staircase leading to the lower-level den. Adjacent to the family room are a private office and an impressive bar area, creating the ideal space for working from home or hosting guests. The main level also features a spacious bedroom with a full bathroom, providing excellent accommodations for guests or multi-generational living. Upstairs, a grand foyer and wide hallway lead to two oversized bedrooms, each offering exceptional privacy and space. The luxurious primary suite serves as a true owner's retreat, featuring two walk-in closets, a spa-inspired bathroom with a soaking tub, oversized walk-in shower, and dual vanities. A spacious sitting room with its own fireplace and private balcony provides the perfect place to relax, while the massive laundry room offers outstanding convenience. A large bonus room with additional storage adds even more flexibility for a media room, playroom, fitness space, or hobby room. The finished lower level continues to impress with a spacious den, private office, handcrafted bar, full bathroom, and recreation area perfect for watching the big game, hosting gatherings, or enjoying a game of pool. Extensive renovations throughout the home include fresh interior paint, luxury vinyl plank and tile flooring, updated plumbing and electrical systems, new gutters, renovated kitchen and bathrooms, updated lighting, and countless additional improvements, allowing you to enjoy the timeless beauty of this historic estate with the confidence of modern updates. Located on a private road yet just minutes from premier shopping, restaurants, medical facilities, and award-winning schools, 2704 Lakewood Lane offers an extraordinary opportunity to own a truly one-of-a-kind estate where historic elegance meets modern luxury. Schedule your private showing today and experience one of the area's most remarkable homes. Read Less

Courtesy of Wallace Jennifer Scates Group 865-253-7889

Listing Snapshot

Days Online

Last Updated

Sep 16, 2026

Property Type

Single Family Residence

Beds

Full Baths

Partial Baths

Lot Size

1.37 Acres

Year Built

1939

MLS Number

1351147

Additional Details

Appliances & Equipment

Dishwasher, Disposal, Dryer, Humidifier, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer

Basement

Finished

Building

Built in 1939, Construction Materials: Vinyl Siding, Brick

Cooling

Central Cooling, Ceiling Fan(s)

Exterior Features

Patio/Porch Features: Porch - Covered, Patio, Prof Landscaped, Balcony

Fireplaces

6 fireplaces, Gas, Brick, Stone, Insert

Floors

Laminate, Hardwood, Tile

Garage

2 spaces

Heating

Central, Forced Air, Natural Gas, Electric

Interior Features

Walk-In Closet(s), Cathedral Ceiling(s), Kitchen Island, Pantry, Wet Bar, Eat-in Kitchen

Lot

1.37 acres, Private, Wooded, Level

Parking

Garage Door Opener, Basement, RV Parking

Property

Mountain View, Country Setting, Wooded

Security Features

Smoke Detector

Sewer

Public Sewer

Taxes

Parcel Number: 067 203, Annual Amount: $1,184.54

Utilities

Water Source: Public

Windows

Windows - Insulated

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