- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Buying or Selling a gutted home $$$ question
Posted on 8/24/16 at 12:34 pm
Posted on 8/24/16 at 12:34 pm
I searched and didn’t see anything yet so…
Has anyone heard or had experience with buying or selling a home that is gutted post flood. I know there has to be an additional discount given because of the current condition. Any idea what roughly price per sq foot these house are being sold/bought for? $10/sq, $15/sq???
Has anyone heard or had experience with buying or selling a home that is gutted post flood. I know there has to be an additional discount given because of the current condition. Any idea what roughly price per sq foot these house are being sold/bought for? $10/sq, $15/sq???
6
Posted on 8/24/16 at 12:35 pm to GeauxFast
ive seen 5-8 floated per sqft
Posted on 8/24/16 at 12:39 pm to GeauxFast
At those prices you're approaching land value (or less) sales. Not a chance in hell I'd let my gutted house go for land value.
This post was edited on 8/24/16 at 12:45 pm
Posted on 8/24/16 at 12:40 pm to GeauxFast
Not trying to.be an arse, but try money board
Posted on 8/24/16 at 1:42 pm to GeauxFast
I don't have a clue, but $10/sq ft can't be right. That's $20K for a 2K sq ft home.
Or in OT terms, that's $50K for a 5K sq ft home.
Even $15/sq ft seems really really low.
Or in OT terms, that's $50K for a 5K sq ft home.
Even $15/sq ft seems really really low.
Posted on 8/24/16 at 3:26 pm to GeauxFast
My daughter's home was gutted after Katrina, had water to the attic. Bought the home 7 months earlier for $90,000, sold it for $20,000. She did have flood insurance though.
Posted on 8/24/16 at 3:41 pm to GeauxFast
If someone rebuilds a flooded house I assume it should have all drywall removed, replace electrical and HVAC. Then new drywall and trims, new doors and windows.
I assume plumbing is ok to leave in place? And tile on slab would be ok?
I am sorry for the folks affected by the storms. Just wondering what would be necessary.
I assume plumbing is ok to leave in place? And tile on slab would be ok?
I am sorry for the folks affected by the storms. Just wondering what would be necessary.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News