Submitted by fuertepqek t3_11yhwh4 in massachusetts
ThreeDogs2022 t1_jd7srmv wrote
don't know what you're on about, that house clearly has a lovely skylight.
[deleted] t1_jd86u53 wrote
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FishingElectrician t1_jd8ja5q wrote
That land would be worth more without the house on it
Occasionallyposts t1_jd8o6h2 wrote
Comes with utilities, clearing, grading, and foundation installed as well. Quite the value.
aslander t1_jdaq546 wrote
.14 acres at $300k is $2.15M/acre. For Braintree?
[deleted] t1_jdb38cc wrote
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Thatguyyoupassby t1_jd8ffqh wrote
It's funny you say that, because a year ago when my wife and I were looking for a house, we saw a listing in Braintree that was basically that.
It was this old, barn-style home in a heavily wooded area, clearly with a tiny bit of land around it. The house itself looked like a complete tear down. If I had to guess, it had not been lived in for 10+ years, and the previous owners did not do much to it when they were there. Exposed beams in the walls, all wooden kitchen that was dirty and literally falling apart.
The priced it awkwardly at $450K - as if it was a light fixer upper.
The first line in the description for the home was:
"As you enter, you are greeted by an abundance of natural sun shining through the skylight."
No, you are greeted by death and decay and maybe a touch of asbestos, but you do you, real estate agent with a creative writing background.
SandyBouattick t1_jd8m9vg wrote
With demand the way it is, that house probably sold for more than asking. People are smart not to pay more than they can afford, or commit to massive renovations they can't do or pay for, but enough people are willing to do all that and so these dumps keep selling high.
Thatguyyoupassby t1_jd8njp0 wrote
Yup. We lost a bid in Norwell on a home that was pretty nice overall. Small, but only 25 years old, nice touches, a basement you could easily finish and turn into an in-law suite, and a decent sized yard.
Person that bought it paid $60K over asking and tore it down to build on the land.
When there is that much money in the market, you can sell anything.
We "lucked out" and bought as things stabilized a few months back, but no doubt that original Braintree home we saw went for $520K and was torn down, built into a much nicer property, and will be sold for $1M+.
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