I have lived in/owned this house for 30 years. Obviously I have maintained it. I have moved on to something larger. Was going to make it another rental, but am convinced to sell instead. I have not done any upgrades in kitchen or baths except to put in tile. Also, one bedroom has genuine hardwood. Architecture has loads of character. Mature pecan tree in back that bears large, yummy, soft-shell pecans!
I know it's not much to go on, but would anyone weigh in on whether you think $220K is a good price for an as-is deal on this property?
I have an offer, but agent wants to list it to get more. It ALL seems outrageous, considering what I paid for it in 1992. I don't have the energy to be greedy. But would it be an obvious mistake to NOT expect to get that much more? A comp down the street went for more than $250K, but it is two-story, has two-car garage, and is 200 sf larger. (Same builder.) The photos of the inside look pretty nice--some updates, but they kinda look dated already. Mainly counter tops and vinyl plank flooring throughout. Is all that worth $30K+?
IF I list this, it's for sure an inspection will say it needs a new roof (installed in 2008). I don't know whether insurance would cover it now based on last year's storms? Everything else should be fine except for cosmetics in living room ceiling. Is it worth me going through the hassle to list it? Can I list it as-is and expect it to be a good bit more than $220K? So far, I've only been the buyer; never the seller in these transactions!
Thanks to anyone who will respond.
