How much if any do you feel a house is devalued if a murder or other tragic event took place in it? There is a house that came up for sale that is in a good location on a nice piece of land. The house itself needs updates but is in average livable condition.
There was a domestic situation there where a person murdered thier spouse inside the house.
Not my first pick of homes due to the situation but it would not neccesarily turn me away completely, depending on price.
The thing that suprised me is the price is around the price of comparables, maybe 10 percent less if that. I do not know if they have disclosed what happened there but the locals know, it's no secret.
I was just kind of surprised of the price, I know it is about to go into foreclosure so maybe they owe enough on it they have to ask that price. I don't know. I just expected it would have had at least a 20 to 25 percent hit on the price. Houses here are selling well, and the area is growing but it's not a trendy or hip place to live.
There was a domestic situation there where a person murdered thier spouse inside the house.
Not my first pick of homes due to the situation but it would not neccesarily turn me away completely, depending on price.
The thing that suprised me is the price is around the price of comparables, maybe 10 percent less if that. I do not know if they have disclosed what happened there but the locals know, it's no secret.
I was just kind of surprised of the price, I know it is about to go into foreclosure so maybe they owe enough on it they have to ask that price. I don't know. I just expected it would have had at least a 20 to 25 percent hit on the price. Houses here are selling well, and the area is growing but it's not a trendy or hip place to live.
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