What I hadn’t considered was that included a number of tools I purchased, mistakes I made and supplies I didn’t end up using at all. Earlier this week, I went through all my receipts to create a supply list for the plans I’m compiling.
Turns out that including all the 10% discount cards I used at Lowe’s, I only spent $6000 on supplies that I actually used. That makes a big difference.
Another consideration is that the highest big I got on eBay was $4700. Granted, that was about two weeks ago which could be one of the worst weeks of the year to try and sell anything – people have generally already allocated the month’s budget and are still recovering from the holidays.
The other thing is that I’d set a reserve of $9999 on it. I know fewer people would bid on it even though there were 23 bidders. I’m figuring even more people will bid on it if there’s no reserve because you know you’ll actually get it.
So here’s the plan now. I’m reducing the asking price to $10,000. If it still hasn’t sold by the end of February, I’m going to put it on eBay again WITHOUT a reserve.
As an aside, I’ve applied to a few architecture grad schools for the fall. If anyone knows someone on the UT faculty, I’d appreciate if you could put in a good word for me. They’re one of the top 5 architecture schools in the country and have a great sustainable design program that I’d like to do. They’ll be reviewing applications in February.