Mom died in August. Have been waiting for house to go to market.
Feeling sad. Not that it’s for sale, but because in my opinion a lot of lipstick was put on a pig thus pricing it out of reach of a sweat equity family. My preference (and what I was assured was the plan) was do bare minimum required by law so it would be within reach of more families.
It must have taken hours and hours of attention and care to accomplish.
I’m shocked at the extensiveness of the remodel. It clearly required a lot of effort and money to effect such a significant transformation.
Without belittling the effort, I confess I deeply regret we didn’t allow a middle income family to benefit from sweat equity by leaving it a fixer upper. I fear we have successfully priced this out of the reach of families “like us”. This feels greedy. Back of the envelope calculations – $30/hour completely dedicated to mortgage vs $21/hr if we’d done little and listed at $480k.
It’s done. People worked hard with good intent. I know it was done with love. Not fighting it and don’t want an explanation or justification.
I hope it pans out and that a nice family can afford it and that it’s not a tear down for a rich couple.
The house went into escrow on 03/14/2020, then SHTF with WuFlu. As of 03/24/2020 Sonoma County and much of the country is in some form of quarantine. No word on how this affects the house sale. I assume the required inspections will be delayed / not done. It seems probable that the sale will fall through and we will be starting again. I really wish the house had been sold ‘as-is’ in 4th quarter 2019. I wish I’d argued more successfully or forcefully.