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SandyBouattick t1_jd8m9vg wrote

Reply to comment by Thatguyyoupassby in Cheap house. Under 300k. You’re not a homeowner because you’re lazy…. by fuertepqek

With demand the way it is, that house probably sold for more than asking. People are smart not to pay more than they can afford, or commit to massive renovations they can't do or pay for, but enough people are willing to do all that and so these dumps keep selling high.

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Thatguyyoupassby t1_jd8njp0 wrote

Yup. We lost a bid in Norwell on a home that was pretty nice overall. Small, but only 25 years old, nice touches, a basement you could easily finish and turn into an in-law suite, and a decent sized yard.

Person that bought it paid $60K over asking and tore it down to build on the land.

When there is that much money in the market, you can sell anything.

We "lucked out" and bought as things stabilized a few months back, but no doubt that original Braintree home we saw went for $520K and was torn down, built into a much nicer property, and will be sold for $1M+.

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