Thoughts on this little house in Bethesda?

[Anonymous]

little shack sandwiched in between 2 newer houses!

https://www.redfin.com/MD/Bethesda/5519-Southwick-St-20817/home/10649553

[Anonymous]

You cannot see the inside so I'm assuming it's a teardown. You are buying the land.

[Anonymous]

Priced for a developer to raze it and build a home like the neighbors’.

[Anonymous]

It’s being marketed as a teardown.

[Anonymous]

Good school district.

[Anonymous]

I wouldn't call it a shack, but definitely in the way of "progress." Some huge house is going to get shoehorned into that small lot, LOL.

[Anonymous]

And this is why houses are overpriced. A young newlywed couple should buy it, put sweat equity in and live in it 10-15 years and move out when 2-3 kid comes and let next young couple or empty Nestor but it.

Instead a huge overpriced unaffordable ugly big box of a house with high property taxes built. An affordable home home forever

[Anonymous]

There is no basement! This house is a tear down.

[Anonymous]

aw it looks cute, I'd love for someone to fix it up but that's just the HGTV talking.

I just wish developers built more traditional style homes instead of the modern farmhouse or saltbox styles

[Anonymous]

Anonymous wrote:And this is why houses are overpriced. A young newlywed couple should buy it, put sweat equity in and live in it 10-15 years and move out when 2-3 kid comes and let next young couple or empty Nestor but it.

Instead a huge overpriced unaffordable ugly big box of a house with high property taxes built. An affordable home home forever

+1 The text says that you can build your dream home. This already is someone’s dream home. I saw a meme on FB recently that I can’t shake - it was basically your home is a dream for the homeless, your job is a dream for the unemployed, etc.

Agree with you 100%, PP.

[Anonymous]

Anonymous wrote:

Anonymous wrote:And this is why houses are overpriced. A young newlywed couple should buy it, put sweat equity in and live in it 10-15 years and move out when 2-3 kid comes and let next young couple or empty Nestor but it.

Instead a huge overpriced unaffordable ugly big box of a house with high property taxes built. An affordable home home forever

+1 The text says that you can build your dream home. This already is someone’s dream home. I saw a meme on FB recently that I can’t shake - it was basically your home is a dream for the homeless, your job is a dream for the unemployed, etc.

Agree with you 100%, PP.

No one is stopping anyone else from buying it and remodeling it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And this is why houses are overpriced. A young newlywed couple should buy it, put sweat equity in and live in it 10-15 years and move out when 2-3 kid comes and let next young couple or empty Nestor but it.

Instead a huge overpriced unaffordable ugly big box of a house with high property taxes built. An affordable home home forever

+1 The text says that you can build your dream home. This already is someone’s dream home. I saw a meme on FB recently that I can’t shake - it was basically your home is a dream for the homeless, your job is a dream for the unemployed, etc.

Agree with you 100%, PP.

No one is stopping anyone else from buying it and remodeling it.

True, however that non-developer would need to come in with 1) all cash 2) no contingencies NONE 3) quick close
It's going to be hard to find someone who is not a developer who is willing to plop down $800K+ in cash, for THAT house. Sorry but it's reality. A person who is buying wants to buy something to live in now, not a year from now. And they don't want to be in the shadow of two homes, literally in the shadow.

[Anonymous]

I think it is adorable. I love it. But it'll be torn down for sure.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And this is why houses are overpriced. A young newlywed couple should buy it, put sweat equity in and live in it 10-15 years and move out when 2-3 kid comes and let next young couple or empty Nestor but it.

Instead a huge overpriced unaffordable ugly big box of a house with high property taxes built. An affordable home home forever

+1 The text says that you can build your dream home. This already is someone’s dream home. I saw a meme on FB recently that I can’t shake - it was basically your home is a dream for the homeless, your job is a dream for the unemployed, etc.

Agree with you 100%, PP.

No one is stopping anyone else from buying it and remodeling it.

True, however that non-developer would need to come in with 1) all cash 2) no contingencies NONE 3) quick close
It's going to be hard to find someone who is not a developer who is willing to plop down $800K+ in cash, for THAT house. Sorry but it's reality. A person who is buying wants to buy something to live in now, not a year from now. And they don't want to be in the shadow of two homes, literally in the shadow.

BS you can buy, paint, fix yourself easy to do on a small home. My first home 1,300 sf was a real fixer upper. Was filthy and wrecked. I had no budget. But I did pay to have floors sanded, cleaned 5 days before hiring pro cleaners for day, then threw painting party had 12 people over with pizza and beer for a ten hour day. Fixed all Minor stuff and moved in.

Guess what it can be done. This house pretty easy move in and in And ten years dormer it with a second floor

[Anonymous]

I wouldn't buy for the location