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Make insulting offer or pass?

There’s a couple of house my wife and I have been eyeing since last year. They were both listed around the end of summer and are still on the market. They both started at $450k and now sit at $425k and $395. They are both old farm houses from the early 1800s but have been completely renovated.

The one at $395k is in a more desirable school district and area but doesn’t come with a garage or storage of any kind. At what point does an offer become insulting and shouldn’t even have bothered with it. I’m factoring in having to build a garage and probably wouldn’t want to offer more than $300k for it.

The $425 house has a nice outside setting but sits at a country rd intersection that dump trucks go up and down all day long with their Jake brakes. I probably wouldn’t offer more than $350k since it does come with a barn and we really like the outside of it.

Are these insulting offers or should we just pass? Other houses in the areas have sold for much less in the past year than what they are listed at.

submitted by /u/Admirable-Bee-4708
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source https://www.reddit.com/r/RealEstate/comments/1tgtu2s/make_insulting_offer_or_pass/

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