Reply to What a million now gets you near American University

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Well, this place doesn't need a gut reno. I wouldn't touch the bathrooms, for example. Refinish the floors, new roof, new air conditioning, new kitchen, rebuild back porch. That's about 150k and you don't have to do it all at once. [/quote]

Okay, I'm the person who objected to the OP's description but this is ludicrous. To get this house back in shape, without dramatically changing anything, will cost at least $250k. Possibly a lot more if the whole part off the back needs to be rebuilt. And that's also assuming you leave the basement alone, because I can guarantee having lived in the area my whole life that there is mold behind that paneling and to fix it properly, you'd have to completely gut the basement, dig drain tiles, and install a sump pump. [/quote]

Not likely to be mold behind the paneling. The house is brick/cinderblock. Not like new houses. Nothing for mold to really grow on. It’s one of the pluses of old houses - strong bones and all that which prevent water seapage and mitigate against mold[/quote]

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