Should I lowball on a SFH?

[Sarah Wagner]

Hi all,

I want to put in an offer on a SFH that has been on the market since last June. Im at the very top of northern Ca. Its a family house thats been the same owner for 60 years. They passed and now is in trust to the kids. They did some pest work. Put in a new roof. Its a 5/3 super outdated, think original everywhere. Has no backyard, small lot, .17. And no garage, only a carport. Very awkward layout. 3/2 up. 2/1 down with its own enterance. We want to put in a kitchen and turn into rental downstairs.

Keeping in mind Covid-19, and the fact that its been on the market for almost a year. I want to lowball. Its list price is 365,00. What would you guys offer?