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Updated over 4 years ago on . Most recent reply

User Stats

8
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1
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Cindy OBrien
  • Specialist
  • Portsmouth New Hampshire
1
Votes |
8
Posts

Boston Area - Rebuild or Sell as is?

Cindy OBrien
  • Specialist
  • Portsmouth New Hampshire
Posted

Looking for insight from Boston South Shore investors/contractors!!!

As my mother is getting older, I'm helping her get out of her current home so she can move into a condo or something easier for her to maintain on her own. 

Her home is not well kept and needs a lot of work. She lives in a very nice family-oriented neighborhood in Westwood, MA where home values have skyrocketed and there are a lot of new builds going for 1.5 M + range.

The home is paid off but it's very small and in ROUGH shape to say the least. I know there is an opportunity to rebuild and sell or take an easier route of selling to a developer and getting out quickly. There is a developer who frequently calls asking to buy her home.

We're weighing out the options of 1) hiring a team to flip/rebuild and sell or 2) sell directly to a developer for a quick turnaround without using an agent. 

Insights??? Thoughts???

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