GTA house goes for $400,000 over asking

tay

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May 20, 2012
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Despite its dated condition, the estate sale property, which sold on Monday for $1.1 million, attracted about 800 visitors over the course of three open houses — and 50 offers ahead of the designated offer presentation time.

People are accustomed to homes being staged to look and smell like they're move-in ready, he said.

But there was no apple pie baking at 10 Hinda Lane. It was emptied for showing. It had torn wallpaper, a partially finished basement, an older kitchen and well-used carpets.

"That's the product I wanted to sell, a house that needs reno: paint it yourself, choose your colours, choose your own floors. That's the product we put out there. We did not try to make it look pretty," said Atsaves.

The vendor did install a new furnace and put railings on the front porch as a safety measure.

The property in the Lakeview Estates neighbourhood has four bedrooms, a double garage, main floor family and laundry rooms. Built in 1984, it has only ever had one owner and was sold in original condition.


https://www.thestar.com/business/20...0-over-asking-it-was-like-a-rock-concert.html