WWYD - House with a ton of work
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Anonymous
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You wrote what is not good and you didn’t write anything good.
How is anyone going to say it’s a buy. |
Anonymous
| Now we only get an outhouse for $1.35 million? |
Anonymous
| This is in Falls Church City and this house is a tear down. My husband's mold allergy lit up immediately. It's a mess in person! |
Anonymous
| Maybe leave it for someone who is happy with it “as is”. |
Anonymous
Link? I’m not seeing such a house in Falls Church City on Zillow. |
Anonymous
+1 I don’t think you can do a gut renovation for anywhere close to $250k. |
Anonymous
Really? That house has been renovated, at least in part. Basement looks sketchy but the rest seems fine. I like the outdoor spaces. OP, if you're moving in 3 years you shouldn't buy, and if you're not moving then stop worrying so much about resale. I bought a weird niche house and renovated, but we'll be here indefinitely. |
Anonymous
Interesting. That house is definitely funky, but does it need to be renovated? It’s a little ugly, but I was imagining something far mor dilapidated. |
Anonymous
| Gut renovations will always take more time and more money than you thought at the outset, plus the headache of dealing with contractors . Unless this is a forever home I would pass. |
Anonymous
| You might not know what you’re getting into until you start tearing things down. My neighbor’s house was bought last fall by a flipper who was very confident of making a quick profit. The home has been sitting for months now. I ran into the flipper the other day and asked what was going on. It turned out that there was a mold issue that requires very extensive remediation and he won’t be able to sell this year as planned. |
Anonymous
Except it isn't priced as a tear down |
Anonymous
With the exception of one kitchen and bathroom it hasn't been updated since the 70s. Even if you don't want to renovate right away it's about 30 years overdue for updates. |
Anonymous
This. Renovation costs 1.5x to 2x more than new build -- per sf. |
Anonymous
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I don't object to the aesthetics of the house. It's outdated but still functional. There is nothing that screams you have to update me in order to live in this house.
I do think the flow of the house is very awkward. I wish they had enclosed a floor plan in the listing pictures. For a short term buyer, this is a lot to take on. If you're a long term buyer, buy for the location, everything else can be updated at some point. |