Calgary real estate prospects

[suntan]

Damn that's like my genitals after the pool.

[you&me]

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I scratched my head

Check out this listing
https://realtor.ca/real-estate/26017...alsharelisting

Fuck, the lots are so narrow they can't even have the front door facing the street.

Figured it was this house before I clicked the link - https://www.realtor.ca/real-estate/2...gary-patterson

From the perspective of cost vs. extended time on market & lower offers, surely the investment of new paint makes sense prior to listing the home, no?

[ExtraSlow]

This brings up a topic I have been wokdering about. How much "discount" would you need to buy a home that is otherwise good, but obviously needing new paint? Let's say for round numbers, it'd be $10,000 to have a professional repaint the entire home, would you want a $15k discount? A lot of people plan on painting before they move in anyway, so would you care at all, if everything else was to your liking?

My house has "engineered hardwood" on the main floor, and it's scratched all to hell from kids and life. Always wondered if it would be worthwhile proposition to replace that before a listing, or just offer a "flooring credit" or lower the listing price. House needs all the trim repainted too. Actually staging this house properly would be a huge outlay, wonder if I'd come out ahead or behind.

[Xtrema]

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This brings up a topic I have been wokdering about. How much "discount" would you need to buy a home that is otherwise good, but obviously needing new paint? Let's say for round numbers, it'd be $10,000 to have a professional repaint the entire home, would you want a $15k discount? A lot of people plan on painting before they move in anyway, so would you care at all, if everything else was to your liking?

My house has "engineered hardwood" on the main floor, and it's scratched all to hell from kids and life. Always wondered if it would be worthwhile proposition to replace that before a listing, or just offer a "flooring credit" or lower the listing price. House needs all the trim repainted too. Actually staging this house properly would be a huge outlay, wonder if I'd come out ahead or behind.

Depends how much curb appeal you need to move the house. In this market, I'll make it next owner's problem.

[Tik-Tok]

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How much "discount" would you need to buy a home that is otherwise good, but obviously needing new paint?

Flat out refuse to even consider that home, according every person on those HGTV shows.

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No one would stage an "office" like this or actually install a dyson in the laundry room. Those are holes you have to fix unless you are leaving that old dyson V6 behind.

Good catch, didn't even notice the dyson. Must be another Ontario "wfh" transplant who suddenly got told they have to come into the office again.

[bjstare]

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Fuck, the lots are so narrow they can't even have the front door facing the street.

Figured it was this house before I clicked the link - https://www.realtor.ca/real-estate/2...gary-patterson

From the perspective of cost vs. extended time on market & lower offers, surely the investment of new paint makes sense prior to listing the home, no?

You want a bright fucking purple house on a busy road with zero yard? And want to spend >$1mm? Boy have I got just the thing!

[benyl]

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This brings up a topic I have been wokdering about. How much "discount" would you need to buy a home that is otherwise good, but obviously needing new paint? Let's say for round numbers, it'd be $10,000 to have a professional repaint the entire home, would you want a $15k discount? A lot of people plan on painting before they move in anyway, so would you care at all, if everything else was to your liking?

My house has "engineered hardwood" on the main floor, and it's scratched all to hell from kids and life. Always wondered if it would be worthwhile proposition to replace that before a listing, or just offer a "flooring credit" or lower the listing price. House needs all the trim repainted too. Actually staging this house properly would be a huge outlay, wonder if I'd come out ahead or behind.

Make it the next owner's problem. Whatever you replace it with might be trashed and thus not provide any value anyway.

[ExtraSlow]

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Make it the next owner's problem. Whatever you replace it with might be trashed and thus not provide any value anyway.

That's kind of what I figure. On a house that's not new, spending many tens of thousands to make it look "sorta-kinda-mostly-new" is probably a money-losing proposition.

[msommers]

From a buyer's perspective, painting the whole house frankly has no bearing on the purchase price.

Changing all the flooring because it's really damaged is another, and I'd want to see a discount in some shape or form.

From a seller's perspective, unless something is really fucked (like holes in the wall, etc), it's not worth the cost to replace things only to sell it. At best it might be a wash.

[suntan]

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That's kind of what I figure. On a house that's not new, spending many tens of thousands to make it look "sorta-kinda-mostly-new" is probably a money-losing proposition.

I'll buy your house for a premium as long as you don't clean the DNA in the art room.

[CompletelyNumb]

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I scratched my head

Check out this listing
https://realtor.ca/real-estate/26017...alsharelisting

Less than a year old? What was the original sale price from the builder on this?

[Rocket1k78]

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It's staged. Built in 2022, and been on the market for three months? I doubt its ever been lived in.

Not familiar with that area but 720k didnt sound that out to lunch for a new house even though its not the nicest lol Must be though if its been on for 3 months

[riander5]

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Fuck, the lots are so narrow they can't even have the front door facing the street.

Figured it was this house before I clicked the link - https://www.realtor.ca/real-estate/2...gary-patterson

From the perspective of cost vs. extended time on market & lower offers, surely the investment of new paint makes sense prior to listing the home, no?

$720k to be 1 foot from your neighbours house.

What the fuck have the other houses sold for in that area?

Who buys these pieces of shit? This world has gone mad

[ercchry]

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$720k to be 1 foot from your neighbours house.

What the fuck have the other houses sold for in that area?

Who buys these pieces of shit? This world has gone mad

If you like that one, then you’ll love this one

https://realtor.ca/real-estate/26331...alsharelisting

[benyl]

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$720k to be 1 foot from your neighbours house.

What the fuck have the other houses sold for in that area?

Who buys these pieces of shit? This world has gone mad

People want "new."

There are so many older houses with decent lots to be had, but you either have to be ok with living in an older home or have cash to reno.

[ExtraSlow]

Brand new house is apparently a big thing, like a brand new car. Status symbol for people of modest background? I dunno. I'd almost prefer a used house. And I definitely prefer older neighborhood.

[pheoxs]

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Brand new house is apparently a big thing, like a brand new car. Status symbol for people of modest background? I dunno. I'd almost prefer a used house. And I definitely prefer older neighborhood.

I got caught up in this. First house I bought was brand new on a skinny lot and 'it's only a X minute drive' and I hated it. Second time around was an older neighbourhood with larger lots. I've even had less issues with my 'old' house than the new build had. Would always go for a reno'd older house going forth so long as it isn't one that has just been gutted and flipped in a rush. Unless I make enough pennies to do a custom build some day, that's the dream.

[msommers]

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People want "new."

There are so many older houses with decent lots to be had, but you either have to be ok with living in an older home or have cash to reno.

We looked into the reno route particularly because the lots were bigger, and were pretty disappointed at how little 200K would really give you. Plus living in a reno, dealing with contractors, finding materials...it wasn't worth the headache. That and we really wanted 3 bedrooms upstairs, which for a bungalow is a pain in the ass no matter how you slice it; don't like split-levels either.

End of the day we sacrificed lot size for an additional story, preferred community and move-in ready. It's not a new house but 10 years was enough to iron any major kinks out which was nice. Though all the fucking appliances seem to be going one after the other.

[roopi]

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If you like that one, then you’ll love this one

https://realtor.ca/real-estate/26331...alsharelisting

WTF is going on here:

[ercchry]

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WTF is going on here:
https://cdn.realtor.ca/listing/TS638372352399570000/reb9/highres/7/A2095457_17.jpg[/img]

Show home office… if you buy today, you can lease it back it them till they’re done!