Reply to Selling a house that is dated and "worn."

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Reply to "Selling a house that is dated and "worn.""

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Why are people so mad on this thread?[/quote]

Right? The entitlement is weird.

If OP doesn't renovate the house will sell for less. This could be appealing to buyers who actually want a fixer upper and would prefer to select all their finishes. That market definitely exists, especially if the house is in a good location with good schools. Not everyone thinks of buying a house as a finished product and some like the idea of getting more equity out of their purchase when there is room for improvement.[/quote]
This is exactly what we did. We recently bought a 1950s house in a top school district from the estate of the original owner. The heirs wanted a quick settlement and priced it accordingly. The house has great bones but needed to be updated. We painted, ripped out the carpet and refinished the beautiful original wood floors, replaced roof, gutters, siding, upgraded the electrical panel and replaced the oil furnace with a heat pump. We’re still ahead of what we spent based on comps. The kitchen, windows and baths are dated but functional. We’ll get to them over time.[/quote]

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