Comments on: “The Best Part of Detroit” https://looneylisting.com/2015/08/19/the-best-part-of-detroit/ Weird Real Estate Listings and Strange Listing Photos Fri, 21 Aug 2015 00:32:19 +0000 hourly 1 https://wordpress.org/?v=6.8.2 By: Emerald63 https://looneylisting.com/2015/08/19/the-best-part-of-detroit/#comment-20417 Fri, 21 Aug 2015 00:32:19 +0000 http://looneylisting.com/?p=6093#comment-20417 ….“the best part of Detroit” is sort of like “the warmest part of Antarctica.” LOL!!! Still, a virtual drive around the neighborhood shows most of the homes are not only in good shape but are nicely sized and have well kept lawns/gardens. For whatever reason this particular home has not fared as well as its brethren (which is putting it kindly). Even if it’s structurally sound and has at least some systems that still function normally (e.g., plumbing), it would take a butt-load of effort to make this place livable. As Frodo said, trying to flip a place in Detroit these days is a fool’s errand. But if one is in the market for a house to live in and is up for the challenge, the results might be worth it. I personally prefer the almost ubiquitous red brick homes around it, but 3000sqft for $120K is a damn good price. You could spend twice that turning it into what you want, just so long as you have no desire to sell anytime soon.

BTW, this agent has forgotten a cardinal rule (or what should be a cardinal rule)… NEVER show the basement in this type of place. I’ve seen Soviet gulags that look better.

]]> By: Frodo https://looneylisting.com/2015/08/19/the-best-part-of-detroit/#comment-20407 Thu, 20 Aug 2015 19:42:48 +0000 http://looneylisting.com/?p=6093#comment-20407 Well, that is one of the better neighborhoods that are left. Real estate in Detroit isn’t worth the investment right now for investors or families. It’s not likely that you would make money on the re-sale of a property there right now. As it is, this place looks like a money pit.

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