1,543,225
Not enough info to determine specifics, but 1982 was 35 years ago, so you need a new kitchen, bathrooms, windows, flooring, paint, etc.
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Ron and Alexandra Seigel
Carpinteria, CA
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Debbie Gartner
White Plains, NY
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Lyn Sims
Schaumburg, IL
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Nina Hollander, Broker
Charlotte, NC
1,052,056
I actually sold a cute little throwback to the 70s just like you described 10 years ago, and it was priced about 20% below market.
It was so groovy. I wanted to buy it! The buyer was a 40-ish single man. He's a contractor. He still lives there, and loves his house. I'll have to ask him if he's updated the appliances-- I'm sure he probably has by now.
To directly answer your question, there are so many other variables, you have to deconstruct the whole thing and price through the attributes individually. Most buyers are not like my example, and will require an HGTV home instead of a Back to the Future home.
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Ron and Alexandra Seigel
Carpinteria, CA
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Candice A. Donofrio
Fort Mohave, AZ
2,220,323
1,622,432
It depends on the market. If they have multiple offers, I doubt the outdated appliances will affect the offered price ( maybe later during negotiation).
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Ron and Alexandra Seigel
Carpinteria, CA
1,844,171
If it's clean, that's ok but there will be the decorating objections. I would also be sure all the 1982 country ducks & are put away. Corral the 80's clutter.
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Lyn Sims
Schaumburg, IL
1,466,207
Annette Lawrence , Palm Harbor, FL 727-420-4041 I had a listing like this a while back. Copper tone appliances, shag carpeting and gold wall paper. One agent told me it was like walking into the '80's. It sold at full price within the comps. There is a house for everyone.
Caveat: This was before buyers thought everything was outdated and needed to be replaced by the seller.
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Candice A. Donofrio
Fort Mohave, AZ
5,583,278
you can't price it as if it were new.... apples and apples....that's what comps are for.... actual age vs effective age.... everything has a "life expectancy"...
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Candice A. Donofrio
Fort Mohave, AZ
5,215,388
You need a buyer with a creative mind to put it all together. Local knowledge of rehabs is essential!
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Nina Hollander, Broker
Charlotte, NC
2,178,433
Lots of possible variables here. Local knowledge is key.
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Nina Hollander, Broker
Charlotte, NC
4,319,419
1,045,440
Would depend on the rest of the neighborhood prices that are equally updated... so insufficent information to answer.
2,684,009
1,574,666
The 80s called and they want their hair and decor back...said no one ever. What is the cost of updating? If it is purely cosmetic then the hit should not be bad!
4,434,127
900,008
3,071,489
6,392,879
I think that it is amusing how many people talk about being environmentally conscious, yet think nothing of filling landfills with perfectly good home parts in the interest of keeping up with the latest fashions.
3,988,007
I tell the seller how it is and what the buyers today expect how they will reject the dated features of the home. If it will take 25-30 thousand to update that is what I take off. If it eill take 50 thousand, I take that off. I have never had a seller not understand that their pink bathrooms, shiny brass light fixtures and doorknobs and old white appliances are not going to be loved by the next buyer.
3,986,258
Old may not be an issue, just depends on the decor that may have been progressive back then
5,772,575
Annette,
You have some great advice, and there are buyers out there who like the 80's feel. A
3,416,038
And they want top dollar for the orange counter tops. I like to give a value for the home as is and what things are worth redone, some sellers opt to upgrade to sell while most sell as is
1,502,848
You'll need to deduct for "functional obsolescence". I'll bring in my contractor to purchase it before it even hits the market, if the price is right.
1,196,912
I don't deduct for "old" the market speaks for itself. Buyers want move in ready, they don't adjust for renovations required. they just don't buy.
1,239,801
I saw a cute tree house similar to your description in LA years ago. It was any child's dream play house. It was on the market for a long time. Too much soy sauce not enough practicality may be?
1,725,896
Unless the home is severely outdated as compared to other homes , it doesn't happen, but all features must be operational.
3,344,906
Every market is different. I will look to other comps with the same all new in the 80's look and feel. Sometimes we do find like properties and other times not. If not, I would tend to lean on the lower side and let the buyers drive the price up. I've seen original 30 year condos sell for as much as a completely renovated one. When the demand is there and supply is low, top dollar can be had for even the dated immaculate home.
7,834,939
599,274
That's a very subjective question. What if you find a buyer that likes retro?
1,153,794
It's bad enough being a sexagenarian without the confusion of mixing Little Miss Muffet and Old Mother Hubbard. That deduction is going to be HUGE I tell you!
4,800,082
1,196,588
Depends on many factors and I don't have a formula except looking at comps and using some common sense
1,712,676
757,885
Last house I comped in the $300's I walked in, saw it needed a LOT- I said, I have comps with me supporting a price of $370K but any buyer who walks in here is going to knock off $100K second they step in the door, so we knocked off $100K & sold it for that.
5,104,806
Not enough information to put a number to this and I have no idea of how the home shows.