How low can you go?

In my neighborhood, the base home price has dropped $50K since we bought. Eek! The price for our particular model is down $30K. I was poking around in the website for my county appraiser, and discovered that I could export the data into an Excel spreadsheet, or even create address labels for my neighborhood. (So that’s how the Realtors do it!) I dropped the information and sorted it by price, and found that only 23 homes sold for under $200K. Property values may not be great, but it looks like due to my neighborhood having only a few lots left, things may not be that bad for us after all.