I just bought the house next door to me in PA. I have a house in Nassau County, South Shore, that my mom is living in. It's a 1500 sq ft 3 bed/2.5 bath split with an apartment that my mom lives in (bedroom with a small kitchen and full bath). I redid the roof around 20 years ago, siding, floors in the kitchen, new sink, stove, pulled up the green carpet that was there, painted. The house needs work. When Sandy happened, I ripped out the drywall but didn't refinish the basement again since I had just done this before Sandy happened.
I had thought about selling before. The realtor wanted me to put in 150k and redo everything, new kitchen and bath, paint, pull up the carpet. I don't want to put this kind of money in. Then, the realtor said she had an investor and offered me a really low ball offer, like half of what the house was worth. I felt taken advantage of and it wasn't a good experience.
The "Zestimate" is 750k.
Would you spend the money renovating a house just to sell it, or would you sell it as is? Should I consider FSBO since it's such a hot market? I don't "need" to sell, so there's no fire under me. I would like to though.
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source https://www.reddit.com/r/RealEstate/comments/1ku7lti/selling_in_a_hot_market_long_island_nassau_county/
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