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1 year agoI don’t understand real estate.
I was looking online for fun and saw this house. https://www.realestate.com.au/property-house-tas-forth-141066708
I love how positively haunted it is with the attic and what not. Would be a fun fixer-upper. But it’s a dump. It’s not liveable. It needs a lot of work. It’s not on a lot of land. It’s not near anything major in Tasmania (like Hobart or Launceston). The only “benefit” is how old it is.
“Accepting offers over 550k”
I truly don’t get how.
I understand the potential but paying for potential just seems…crazy. It’s like “give me heaps of money so you can spend more money on the potential.”