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 Elite Veteran
Posts: 999
  
Location: Sunny So Cal | I look to make sure my horses have everthing they need. If I am happy with the land, barn, hay barn, etc.. for my horses then I will definitely take the fixer upper human portion of it. lol my animals always come first. As long as the house has irrigation and electricity then I am pretty content.  |
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 Tried and True
Posts: 21185
 
Location: Where I am happiest | UTAHCANCHASER - 2015-01-28 1:24 PM ThreeCorners - 2015-01-28 12:11 PM I unfortunatelly dont have any pics of the houses on the computer. Main house is well built, kitchen, dining, living room, 2 bathrooms, 2 bedrooms and laundry/mud room upstairs then downstairs is 2 more bedrooms and living room. I painted the kitchen cabinates, but new flooring it needs, and the walls in the upstairs has 1970's paneling and high/low carpet. lol. BUT, under that carpet is origional hardware flooring that at least in the corner we pulled up looks to be in great shape. Is this the same place Ed had before you got married? If so, it is in an awesome place and you should be able to sell it fast as is.
Yes it is! So you know. It's much different property now isnt it? lol. The place was a disaster!! We started in the back of the property and worked our way forward. Had the get the horses comfortable and the property functionable correctly. However, we want to make a life changing move so havent done the house as far as remodel yet. My husband is just somewhat worried once you start getting into that kind of price point people want more updated and not the project. However if we did the house, then that would eat up our savings that we have for a down payment on another place so then we would be stuck waiting for it to sell and then it would be for alot more money so further weeding out more buyers and taking longer to sell. Plus then invariably we would be living in a construction zone and I'm not really wanting to do that. lol. We have our eye on the place we want in another state. |
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Tried and True
Posts: 21185
Location: Where I am happiest | HannahRodeoCowgirl - 2015-01-28 3:00 PM I'm a realtor. Sounds like a wonderful property. Only caution I would have is make sure the ADU is in financeable condition before you sell. Either fully finished to a house or deemed "addl storage" Typically if it's somewhere in-between, it's hard to finance. If you have any questions, let me know.
What is ADU? |
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 Owner of a ratting catting machine
Posts: 2258
| We would be interested in something like that, but to be honest, it would depend on the condition of the buildings how much value would be put on them. I'm very interested in the condition of the land, conditions of fences, layout, type of barn (don't do wooden barns, they burn down), and how much work they all need. I'm willing to pay for a turn key set up, with the house in great shape and ready to move into. I'm not willing to pay an inflated price if huge house improvements are needed. House improvements are hugely expensive. I've looked at perhaps 50 properties now, and a lot of them are just too proud of their house. If they brought the price down realistically and based their value justification more on the actual condition of the land, fences, and outbuildings, and understood just how many tens of thousands are going to go into the house and property, they might have more of a ball game.
Often people tack on a lot of extra money over what the appraiser and real estate agent say is a good selling price. |
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 The Vaccinator
Posts: 3810
Location: Slipping down the slope of old age. Boo hoo. | I would list and sell as is and save the money you have for your new property. Most people want to remodel a house the way THEY want it -- and you can probably sell sooner and move on toward your goal of another property. |
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 Strong Willed Woman
Posts: 6577
Location: Prosser, WA | We looked for a long time for our place. All the places we looked at needed a lot of work either inside or out. Actually there were not really any turn key properties for sale that we could find with the acreage we wanted. Your place sounds like a nice setup. I wouldn't want to move. LOL
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Tried and True
Posts: 21185
Location: Where I am happiest | kakbarrelracer - 2015-01-28 6:07 PM We looked for a long time for our place. All the places we looked at needed a lot of work either inside or out. Actually there were not really any turn key properties for sale that we could find with the acreage we wanted. Your place sounds like a nice setup. I wouldn't want to move. LOL
I know Haha. I do love the place and the horses are very happy here. It is quiet and serene with great views. Yet, town is just 4 miles. Major city is 45 minutes by freeway and the major airport is 20 minutes. away. It's a decient sized town, 45k I believe so has a farm store, Albertsons, Macys, Wal Mart and Home Depot plus all the little shops and restaurants but not a big city. We buy our hay from the next door neighbor. His alfalfa field we share a common fence line. He just picks it up out of the field in the bale wagon, just backs in the hay barn and sets the 5 ton cubes down. We dont have to touch or haul a single bale. Tons of barrel racing and the unemployment here is 3%. However, we are 15 hour drive from family, or 2 hour flight. Thats both my family and his. So we are wanting to get closer, within a reasonable days drive in case of emergency and it not take days or major undertaking. |
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Tried and True
Posts: 21185
Location: Where I am happiest | The origional plan with this place, my husband had 6 reined cowhorses. Training bills would put all but a billionair homeless with that many in very short order. His thought was he could move a resident trainer in the small house and have his horses in training right here as there are 10 stalls total as it is now. Well we decided we would be alot further ahead to just liquidate all those colts. We tossed the idea to board some horses and move a caretaker in the little house. We tossed around the idea of renting out the little house which would pay a good part of our mortgage. Then we even really thought beings though it's just the 2 of us, we could move into the little house ourselves and rent out the main house which then that would pay the entire mortgage. ( rent is really high here). So many ways to go and so many possabilities here. We got the property done and the barns and horses done and situated. Just havent made it to the houses yet.
Edited by ThreeCorners 2015-01-28 7:13 PM
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 Friendly horse swapper
Posts: 4122
Location: Buffalo, TX | You can't change the land, so I would say good sandy loam soil and flat pasture is #1 for me...everything else can be changed or upgraded....I buy rent houses and I'm willing to get a deal on something that needs some fixing, and I would do the same on a horse property....you really pay for turn key properties.... |
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 Veteran
Posts: 164
| ThreeCorners - 2015-01-28 1:56 PM
HannahRodeoCowgirl - 2015-01-28 3:00 PM I'm a realtor. Sounds like a wonderful property. Only caution I would have is make sure the ADU is in financeable condition before you sell. Either fully finished to a house or deemed "addl storage" Typically if it's somewhere in-between, it's hard to finance. If you have any questions, let me know.
What is ADU?
Additional dwelling unit (The little house) |
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I am a Freak
Posts: 3326
Location: Nowhere Special | I have been looking for a little over a year now and I do prefer a fixer upper type.. Simply because I may not like the same kind of new carpet, paint, trim and so on that you do.. So I would rather buy something for less and do the work myself so I have what I like rather then what you liked and can't afford to change it (if that makes sense) If I could find what you have, affordable here in tx where I'm at i'd snatch it up and skip all the way to the paper signing :)
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Tried and True
Posts: 21185
Location: Where I am happiest | Well I hope for all of you who posted, there are that many in Utah looking to buy the same kind of property. lol. Would love to sell it first week. Thats our goal. I dont want to deal with a bajillion tire kickers. I want the first one to appreciate it for all we've done so far and see the rest of the potential so we can just be done with it. lol |
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 Semper Fi
Location: North Texas | Location, location and location. Then soil in case of horse propetry.
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