Asked by Douglas, Bloomington, MN • Wed Dec 15, 2010
much cheaper? This house is Iâ€™m considering is totally gorgeous and seems to be in near excellent condition but itâ€™s priced at least $100,000 to high compared to other nearby recent comps only a few blocks, some going for as low as $112,000. This house and its comps are in a really nice upscale suburban neighborhood.
It's been on the MLS for 128 days now and it's listed for $249,900 but Zillow says it's valued for as little as $136,000. It was built in the late 1950s. This is not a foreclosure with it being owner occupied right now and I would like to make it my new primary residence. This home could be income generating with about $5K of work I could rent out the downstairs and live upstairs. After doing some checking, the current owners are in their late 60s and Iâ€™m assuming want to move to a much warmer climate. I'm a first time home buyer planning on paying cash. How can I get it for a much more realistic price of $136,000 if not an even lower comp price like $112,000? Thanks!
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