House Hunting: Upgraded & Priced To Sell: a house log
This next house we toured was fairly sweet. The owners had simply dropped the price nearly $40,000 which suddenly put it within our range. The sellers had already moved out and after having the place on the market for 4 months were quite motivated to sell. And perhaps that fact would motivate us to buy? Let us meet the house:
THE STATS:
- Age: 1977
- House size: 2,772 square feet
- Lot size: 0.4 acres of land
- Bedrooms: 4
- Bathroom: 2.5
THE PROS:
- Strong deal
- Striking exterior and landscaping
- Polished details like crown molding, custom window shutters, and exposed beams
- Tons of extras like a Wolf range, two outdoor deck heaters, a car lift in garage, and a full yard irrigation system
- Kitchen needed plenty of work (which we like)
THE CONS:
- Felt a bit too “fancy” for us
- Did not need much work besides the kitchen
- Schools and location were not ideal
- Still priced at the top of our range even with the drop
- Not as old and much bigger than we are in fact looking for
The funny thing about this house is that it is in fact one of the first we toured on the inside. And it initially wowed us so much that we in fact did put in an offer (shocker, we know) – mainly simply to see what would happen. We figured with our lowball price (we dropped it another 20K) and our must-sell-our-house-first contingency that we’d get kicked out immediately. They ended up being fine with the contingency but were not willing to budge on the price (which is fully understandable given their recent drop) so we walked away. At least it was a good dry run for when we make and offer on a house that we truly want. Especially because in hindsight we want waaaay more of a beater than this house. one that is even older, more modestly sized, and simply begging for a makeover. Are you out there perfectly imperfect house?
