As a buyer with no pictures or more detailed information, I am going to assume that all appliances on the comp are new, floors are new and/or in good condition, ceilings have recessed lighting and fans, bathrooms are updated and kitchen cupboards are in good condition, deck or outdoor patio is good, driveway is not cracked, and landscaping/yard is in good shape. So if the house I am buying is less that that, I will lower purchase price to adjust. These things are in fact relevant to the value of the house. |
You can't be serious. Do you really think a property with original everything is valued the same as a property with a brand new top of the line kitchen, bathrooms and flooring? Some of this different might be extracted from the description, but not always. |
This. The previous owners of our home completely redid the main floor and added an extra room. Upstairs they updated the bathrooms, added crown moulding to all the rooms and updated all the doors. They created a lot of value beyond the additional square footage. It sold at a different price point than the same model in the neighborhood that hadn’t been updated since it was built in the 80s. |
PP here. I am not a realtor or in any way affiliated with the industry. I just know what I am talking about. Bless your heart for being new to home shopping though. Good luck. |
Yes. It is. For one thing, top of the line is subjective. For another, cheap flips are more common. More to the point, no appraiser will consider those things. New systems, yes. Quartz countertops? Naw, bruv. |
Staging and decorating??? LOL no , kitchens from 1956, kitchens from 1993, or a kitchen from 2019 make a huge difference. Tons of wood paneling and popcorn ceilings, original bathrooms? ALL make a difference.
|
Then you are over paying. |
+100 Finally someone with a brain! Thank you! Of course it matters! Reading the idiots posting that it doesn't matter is astounding. My jaw is on the floor. People can't be this stupid, they just can't! |
| Nobody owes you pics of their interior space. They go up strictly to sell the home. You can figure your comps knowing the inside of a home isn't always available for your perusal. |
| When I purchased my home, I had my agent ask the listing agent to remove the pics. The listing agent refused. The pics were removed from most generic websites (some of them after we requested it directly), but not from the listing agent's own website. |
The interior is very relevant when looking for comps-whether the kitchen is from the 1970s vs an updated kitchen of course will make a huge difference when pricing a home. |
As I realtor-of course the interior matters when using a home as a comp. Why do you assume a realtor is saying that? |
Interiors aren't relevant to tax assessments. They absolutely are relevant to comps when purchasing. You're saying that there's no difference in price between a run-down 1980s kitchen and a fully renovated kitchen with high end appliances? That's silly. That said, the new purchasers don't have any obligation to keep pictures up, and I'd want them removed ASAP as well. |
This is the answer. Maybe you would like to see the inside of someone else's house, but that does not mean they are obligated to show it to you. This is true whether the house sold yesterday or 20 years ago. |
| The condition of the inside absolutely matters. A full gut job versus livable condition does set the price even when sqft. #of bedrooms are factored in. |