I think the yard and location was all it was good about it. To make it work for us it would have required a lot of work, and perhaps we would have been better off tearing it to the ground and building a nice 2 story small house on it.
-snip-
Probably need it at least 100K work done to make it nice and still the space wouldn’t have been enough for us.
Otherwise the location and neighborhood was nice, but this house simply wasn’t worth the trouble, even it would have been 300K. There is no way in hell that house goes for 500K. This was not a cosmetic fixer for us.[/quote]
Scarlett . . . uh, hello??
You said yourself that the family room was taken from the sf of a bedroom. Had you ever considered whether this property might qualify for an FHA 203K loan?? You would put little down and save cash for future repairs/rehab (as well as the cash you are eventually loaned over and above your purchase-money amt which could be used for repairs/rehab).
Had you ever thought of moving this (probably 19′ x 19′) “substandard garage” to the ample backyard? How much $$ do you think this takes?? Try $25-$30K.
And this is coming from the “queen” of SD mid-century development. It’s all “small potatoes” from here on out.
Why don’t you use the current inspection report on file to attempt to obtain this “estate” property in the $350-$375K range??
Just a “suggestion,” nothing more. Just think of the possible future tax savings from acquiring Radcliffe at rock-bottom prices :=]
Think outside of the box or DRIVE. Those are your choices, here, the way I see it.
