ti-amie wrote: ↑Tue Jul 20, 2021 12:00 amIt's one of the things you see a lot on HGTV. The house is decorated to suit the person who is now selling it and not for anyone who would want to buy it. You literally can't see the "bones" of the house and there are only one or two bathrooms that don't look as if someone was on a bad acid trip.JazzNU wrote: ↑Mon Jul 19, 2021 11:41 pm Less than 10 minutes from where I grew up. One of my good friends from high school lived two streets over, my sister's best friend lived one minute away. And I have no idea why this is trending in the first place and I'm mildly disturbed and annoyed that it is.
They're asking $500k+. It'll take up to $200k to redecorate the house. Once you pull off all of that wallpaper the walls will have to be redone. The bathrooms need updating and so does the kitchen. This room alone could cost at least $20k to remodel.
I doubt if they'll get that asking price.
No, I got why, I saw the photos before, I just wasn't happy with any of it.
It'll sell for close to asking, and the only reason it may go for a bit lower than asking is the style of the home (split level) and lack of classic features on the exterior (crappy/unattractive stone), not the interior. Even if someone did $200k worth of renovations, that would still leave that homebuyer with equity. That neighborhood supports $750-900k, that style probably no higher than $825k (right now that is, by the end of the summer, probably closer to $875k, prices have done nothing but increase steadily over the last year in this and neighboring townships, but especially in the last 4 months).
Switch this to a 1500 sqft cape in Scarsdale or bungalow in West Hollywood with similar decor, I doubt there'd be anywhere near as many replies commenting about the price unless they were talking about what a bargain it was. This thread is sorely in need of an HGTV real estate agent to provide some context about the home's listing price and the neighborhood's value.