[quote=CA renter]402 Parkwood (the colonial at the end of the cul-de-sac) had a less useable yard and was not in move-in condition at all. It just benefitted from better photography. Notice the green shag carpeting? Nothing had been done to it in decades. It took a long time to sell that one, too. It also had what even I would call a “functionally obsolete” floorplan without a full bathroom on the bottom floor (IIRC). Around here, at least, the single-story homes carry a premium over two-story homes.[/quote]
Yes CAR, I did notice part of the lot going uphill in back of the two story but doesn’t that offer privacy, even if it was the 3K sf portion in excess of the one-story tenant occupied property’s lot?
I, too, feel a one-story is a preferable fixer to buy, esp. if you are planning on adding on later.
I understand the inside of the two story wasn’t perfect but was at least clean and liveable, unlike the tenant occupied property. I took issue with the crummy asphalt driveway on the one-story. Having poured a lot of concrete in my day, I would surmise that concreting that driveway property (perhaps with a drain or two and properly attaching it to the RV drive) would cost at least 20K + backyard patio and sidewalks/repair. And from what I could see of the floors, they were all dirty vinyl. A few trips to the yard-waste dump for sure. Kitchen cabinets needed replacing or at the bare minimum refacing. Fireplace needed A LOT of attention, drywalling, texturizing . . . and the list goes on . . . and on.
Guess other Piggs trolling around on this link (one typically habitually trolls in and “echos” after the other – lol) talking about how much it would cost to “fix up” are extremely handy themselves and buy everything “south of the border” and carry it all up themselves on flatbed trucks, lol.
For whatever reason, CAR, the two story on the “less-usable lot” sold for approx. $138K more than this tenant-occupied fixer. The market has spoken.
CAR, it looks like you DO have A FEW opportunities to take advantage of “here and there” in NCC to purchase fixers or cosmetic fixers.
