A bit scarily, one of the very first houses I got all excited by this year is back on the market!!!!!
I was scared off it because the piles were rotten and/or missing, the eaves were rotting, the roof was shot, the walls were rotting, and I'm not that much of a handyman. It's been somewhat fixed up since then, and correspondingly had a massive jump in price. It still has a great location, and layout etc., and I guess I'll have to go through the open home ... masochist that I am. However, I still think I'm better off with what I have. I just need to keep telling myself that.
posted by limegreen @ 6:21 PM
1 Comments:
Went back through yesterday, and while it's substantially improved, it's really just been tarted ala the student rental recipe. Thus, it has been recarpeted in the budget-super-heavy-duty blue carpet so favoured by landlords, made a bit more sound, but definitely a rental rather than a house. It's well overpriced to boot in my opinion. I thought it might have been really scrubbed up, but they're renting it at $230 (/3=$75 per room), which in no way justifies the asking price. At an 8% yield it's still almost 30,000 over target.
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