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Reply to "Explain why my neighbor’s house can’t sell"
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[quote=Anonymous]Despite the small yard and the busy street, this house still would have had redeeming value that would have made it appealing to some buyers. The location (aside from the busy intersection) is fine, there is a back yard (small but still bigger than most backyards for a townhome or condo), and 4,000 square feet. None of those are to be sneezed at. However, the flippers/rehabers made two critical errors. The biggest mistakes the flippers or rehabers made was the kitchen placement. Whether they felt they had to place it there (because of pre-existing plumbing) or not, they were left with a weird layout. Then they made a second huge error, which was installing that pantry instead of leaving that as open space. With only the stairs coming down and no pantry, they would have had a nice 25' x 18' space for a kitchen, small dining table and then the living room space. The house would have made sense. Even adding a beam, if necessary, for the pantry wall would have been worth the cost financially. Then the back room becomes a gigantic Great Room with loads of space for kids and toys. Carve out a small room for an office and a small room for a laundry room / mudroom, and you've got a winner. I especially like the basement because it would make a great rental unit or use it for an au pair or MIL suite if you didn't need the bedrooms for your own family. The third error they've made is in staging. It looks really weird to have a dining room table in the room that the front door opens into. Seeing that sets a bad tone that is hard to overcome no matter how much a buyer may want the house to work because of its size.[/quote]
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