Why Do People Always Think Their Stuff Is Worth More Than It Is?

United States
August 28, 2026 12:32pm CST
my friend just built a new house for her, her adult daughter, and the teenage granddaughter. she is now in the process of putting her old house up for sale. She wants $300,000 for it. It's an "okay nice" house. Nothing special. Established neighborhood with a large corner lot. Her realtor is telling her to list it for $290,000. The online sites like Zillow and Trulia are estimating her house at $272,000. It's 3 bedrooms, 2 baths, and 1800 square feet. It's what they call a tri-level house. Everybody always thinks their things are "nicer" and "better" and "worth more." It must be a normal human trait.
9 people like this
10 responses
9h
I see this with people selling motorbikes a lot. That's why so many take so long to sell
3 people like this
@AliCanary (4918)
7h
Maybe she wants to start off at a price she would feel comfortable coming down from. With real estate prices the way they are, she might be pleasantly surprised and get her asking price, who knows?
2 people like this
@AmbiePam (125755)
• United States
8h
Hope springs eternal!
2 people like this
@RasmaSandra (100236)
• Daytona Beach, Florida
8h
Just a way of hoping to get more instead of less. I had not illusions when I sold my old house in Latvia, It had the water turned off and had faulty electric and the family that bought it paid me a fair price and by now that money is already gone,
2 people like this
@sallypup (69749)
• Centralia, Washington
8h
A house like that in my area would start around $350.000 to $400.000 easily.
2 people like this
@Wrexxo (6120)
9h
Lol..we all think that our property is worth than it really is..happens to the best of us
2 people like this
@snowy22315 (212153)
• United States
11h
Usually they do. Sometimes you get strange info from real estate companies too. I know with Zillow they give me info like 100k apart sometimes which is odd.
2 people like this
@Juliaacv (57305)
• Canada
8h
Location is everything with real estate. Here, in my immediate region, one could not buy a home for that price. A vacant lot, that is serviced, yes, but a home with 4 walls and a roof, never. She is listing it for what she is to cover the costs of the real estate agent's fee.
1 person likes this
@JudyEv (387019)
• Rockingham, Australia
22m
On the news a few days ago was a story of how a real estate agent bought his client's house without the client knowing he was the buyer. He'd been talking the price down too.
@JudyEv (387019)
• Rockingham, Australia
24m
I think you are probably right. Or maybe we're all just highly optimistic.