WOW!
Just went to an estate sale up our street. The house went on the market on a Wednesday and sold the next day after being previewed by group of real estate salespeople. It was listed at the low price of $48,000 dollars. While I looked for lost treasures at the sale, I was able to go through every room and the one-car garage and still couldn’t find anything I wanted to buy.
However, here’s what you can get for 48 G’s in our community, a carpeted living room, a dining room, kitchen with appliances, two bedrooms, two complete baths, a family room, screened porch and garage.
Every room was filled with the accumulations of a couple in their 90’s who had either died or gone into a nursing home. Once the clutter is disposed of, and there was a lot of that, someone will have gotten themselves a very nice piece of property with an equally nice back yard.
Don’t know whether it was bought by an investor or someone looking for a good starter home. Either way, it makes our costlier and larger home decline in value, which is what’s happening throughout our community.
I hope when our heirs sell our property that market prices will have grown. One thing though, ours has been thoroughly renovated and won’t be filled with junk.
Lots of these kinds of sales going on right now it seems. Too bad you couldn't find anything worth buying. I'm sure your place will never be cluttered! :)
ReplyDeleteHard to believe how much prices have dropped there. Sad, sad, sad
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