how much do you think it would cost to get it in nice shape?
We're thinking 75-100k. What are some hidden problems that come with fire damage? Its a stucco house, and all the interior walls are stucco. We figure all new wiring, plumbing, roof, ac/heat, foundation repair, all new windows, new bathrooms, and kitchen. The house has a maids quarters below, so we are planning on linking the two together which would require a stairwell built
I have no idea how much it would take. I'll tell you this: I leveled one down to slab (leaving just 2 massive fireplaces/chimney's) that didn't look much worse. You will likely NEVER get the smoke odor's out of the walls/ceiling/floors without tearing it all out. Along with a fire comes water damage, too, and there's no telling how far that goes until you start tearing stuff out. The water damage is often worse than the fire damage.
Meh, maybe. I wouldn't touch that house with the amount of work it needs, I'll tell you that. Holy shit.
yea it needs a shitload of work. It's going to be a nightmare, we know that going in.
when all said and done if we wanted to sell the house, and we have a total of 100-140k invested. We would profit 50-100K if we wanted to sell. We would be buying the house for less than the land value if there were no house. We love the house so if the ghost dont run us out we would be there for a while. I dont believe in ghost, but the more I think about it all the more I think its possible lol.
When you watch the ghost stories on tv they always say the following shit. The people buying the house always love the house and ignore the stories. When they start renovating the pisses the ghost off. So, with the killings and the way people died it doesnt help.
I haven't tested on this stuff in over 10 years, but from memory, you only have to disclose murders/homicide. A baby dies from SIDS, no disclosure. A man eats a shotgun barrel (happened in the first house I bought), no disclosure.
I've never doubted my understanding of this, until I get with the brain trust of DFW... lol
Is it in a great location? High land values? Or in the middle of a corn field in BFE?
Nope. Haunted or not, that's a straight-up shithole, IMHO. I have the resources to make it right, and I wouldn't touch it. There are too many other good deals out there that would require a ton less work/money. Hell, even getting a loan for that could be a nightmare, not to mention insuring it.
how much do you think it would cost to get it in nice shape?
We're thinking 75-100k. What are some hidden problems that come with fire damage? Its a stucco house, and all the interior walls are stucco. We figure all new wiring, plumbing, roof, ac/heat, foundation repair, all new windows, new bathrooms, and kitchen. The house has a maids quarters below, so we are planning on linking the two together which would require a stairwell built
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