I believe that the locale plays a big role. I have a total beater fixer in escrow right now in La Mesa. Most everyone that saw it said no way, even at the cheap price this is to much of a train wreck. However someone did go for it and we have a back up offer as well. We are talking foundation work, step cracks up the walls, and the works. I also have closed a couple properties in not so great neighborhoods that were priced to sell and they did.
I believe pricing still is paramount especially as the quality goes down. Nobody that posts here would even consider these neighborhoods but it is just some data. I believe that the marketing effort should vary with the home and the competition. In high end homes I absolutely would recommend caravan, professional photography and such.
I don’t dispute that buyers want turnkey and a great price at all. I did just want to point out that there are properties being bought in other conditions.
