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An apt listed at

Started by Mjh1962
almost 16 years ago
Posts: 149
Member since: Dec 2008
Discussion about
So what does everyone think of an apt that recently sold for $600,000 being listed at $750,000? Sounds crazy right? BUT what if the apt was absolutely gorgeous and had a total and complete gut renovation that cost $150K. New floors, wiring, plumbing and a completely new kitchen and bath. The apt previously sold 6 months ago and was an estate sale, there hadn’t been any work done in 30-40 years and now it is brand new with top of the line appliances, fixtures etc. Would you consider it if you loved the apt and finishes or would you just think the owner was asking too much?
Response by Mjh1962
almost 16 years ago
Posts: 149
Member since: Dec 2008

sorry for weird title I hit create before I was done with subject line, it was going to say "An apt listed at 25% over most recent sales price.

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Response by w67thstreet
almost 16 years ago
Posts: 9003
Member since: Dec 2008

The key is what are other $750k units looking like? It's quite lemminglike to say 'purchase price + reno'. That's so 2007. It's a new era. I don't think pet rocks are coming back and fondue is just fondue.

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Response by Mjh1962
almost 16 years ago
Posts: 149
Member since: Dec 2008

LOL W67th!! Good point! Everyone is just so totally freaked out by RE right now! The apt is amazing with increbible views of the river from every window, Southwest exposure etc. I haven'r seen anything this good.750-800sf on Riverside Drive

I miss my pet rock its been 25-30 years since we've seen each other :)

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