Reply to Looking to sell house as Tear Down in Bethesda

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[quote=Anonymous][quote=Anonymous]First, you're looking to sell "As is". This does not mean that your house is so damaged that it's a tear-down.

Second, we bought an "as-is" fixer-upper in Bethesda, gutted and renovated and have lived in it for 15 years. Usually these types of listings do not mention the words "tear-down" or "fixer-upper" - that would open the door to low-balling. They say something euphemistic like "renovate to your liking, or rebuild on this expansive lot!".

In boom times, developers flocked like crazy to these listings, but now with mass layoffs in the federal government, it might be a different situation.

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OP Here. I get what you're saying about maybe someone would like the house in it's current condition and size.

We want to sell quickly and don't have time to get it ready for listing and photos. We were planning to build an addition onto this house when we bought it, but at this point, we don't want the hassle of going through that process while living here. We'd prefer to move into an existing house and make cosmetic improvements like painting and kitchen/bath renovations.

It's not deteriorated or damaged, just not much difference between Zillow/redfin estimate and what houses are being sold for that are torn down. Maybe a 100K difference in most circumstances.

Sounds like maybe there will be some benefit to listing "as is." We did renovate bathrooms, kitchens, and repaint when we bought 10 years ago. There may actually be some money left on the table if we don't try to list it.

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