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NecessaryMistake9754 OP t1_iywp798 wrote

Reply to comment by illusionsformoney in Does it make sense a $290k house sold in last year now listed for $648k? by NecessaryMistake9754

>A healthy profit to be sure, but no where near twice the investment. Full gut and remodel including exterior work was almost certainly well into 6 figures (over $250k if I had to guess) with Fairfield county contractor pricing in effect.

i was quoted by several contractors a gut reno like this for ~$100k. these people are really out there..plus the reno looks so cheap and ugly. I wish them good luck trying to see this crap more than $500k with the horrendous school in stamford.

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illusionsformoney t1_iywpn0i wrote

You were quoted, in 2021 (with current material pricing), a full gut reno including new roof siding and other external work for $100k in Stamford?

Edit: And as far as price, I’m pretty sure that the median home price in Stamford is about $600k, so all the “crap” over 500k is more than half the homes in Stamford lol

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rsjem79 t1_iyy0zyr wrote

If it makes you feel better to shit on Stamford be my guest, but I own a home here and while this may be somewhat overpriced but it’s not insane for the area.

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