ST Alpha - ""required renovations" in a real estate listing, causing it to be reduced by 125K, is code for "major fire/flood/condemned", right? -- nm" (Reading a Post)

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"required renovations" in a real estate listing, causing it to be reduced by 125K, is code for "major fire/flood/condemned", right? -- nm

Posted by Beryllium (aka grayman) Nov 8 '19, 17:33

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oh, not reduced 125K - but rather, 125K under assessed value. -- (link) - Beryllium Nov 8, 17:35 1
- I’m betting structural or the dreaded ‘building envelope’. $125k is a lot of renovations. We looked at a place that needed a full gut and refit and - mafic Nov 8, 18:00

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