I’m sure my house is worth more than the houses on either side of me. The lady who owned one died and apparently there’s no clear line of inheritance, so it’s been empty for years. We’re not sure what happened on the other side, probably a foreclosure, but the family who lived there left in a real hurry and then some squatters lived there for a while.
We have a relatively modest ranch house built in the 1980s, so it’s not exactly up to code these days. Three bedrooms, 1600 square feet, no basement, unfinished attic. The much larger squatter house is worth far less than ours because the inside is just wrecked. I wouldn’t even trust standing on the second floor based on the photos I’ve seen on Zillow.
I’m sure my house is worth more than the houses on either side of me. The lady who owned one died and apparently there’s no clear line of inheritance, so it’s been empty for years. We’re not sure what happened on the other side, probably a foreclosure, but the family who lived there left in a real hurry and then some squatters lived there for a while.
We have a relatively modest ranch house built in the 1980s, so it’s not exactly up to code these days. Three bedrooms, 1600 square feet, no basement, unfinished attic. The much larger squatter house is worth far less than ours because the inside is just wrecked. I wouldn’t even trust standing on the second floor based on the photos I’ve seen on Zillow.
Buy it and expand your lot size
Serious answer: If I could afford to and put low-cost housing there, I absolutely would.