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Real Estate
Reply to "Beautiful old house, Lynchburg"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why is it so inexpensive?[/quote] Money pit[/quote] Agree. Would require a lot of time & money to maintain this home and property. Too much responsibility for a working couple/family and too big for a retired couple who would have the time to take care of this attractive home. In my view, I would not get involved even if the price was reduced by 20% UNLESS capable of handling the time,money, and stress of maintaining and constantly updating this home. Also, utility costs are likely to be outrageous (heating & [b]cooling)[/b]. Decades ago, I witnessed several similar homes, but not as old, which were donated to the local college because buyers did not want to deal with the huge utility bills.[/quote] You won't have to worry about this, because there isn't any.[/quote] Disagree as lack of a cooling system makes the home even less desirable. Most will want to add some type of cooling units even if just window air conditioners and/or ductless cooling units. The electricity costs will be outrageous due to the poor efficiency of cooling this beautiful money-pit monster.[/quote]
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