$18,000 House. Guess your forgetting about the $150,000 construction loan lol.
Wow, Betsy turned an $18k house into a $38k house. And it only took $150,000
Real estate rule #1: location matters. If you buy a house in a $10,000 neighborhood, you will never sell it for $160,000. Ever.
As much as I love you hyping up this city, I grew up here . The Victorian houses are in a neighborhood with lots of crime and drug traffic . The harbor is nice but the majority of the city isn’t safe after sundown .
“Oh that looks nice!” “It’s in West Virginia!” cries in opioid epidemic
“It’s located on the Ohio…” Well I’m good, I’ll keep looking 😂😂
Believe it or not, some people buy homes so they can live in them - not for their resale value.
If she took out a $150,000 loan, it’s not an $18,000 house.
Without good jobs, good schools, retail, social centers and a fulfilling lifestyle, real estate prices plummet. Enjoy the river.
It’s turned into a $160,000 house in a $10,000 neighborhood. 😢
The problem is that she paid a total of $168,000 for a house that might be worth maybe $50,000 in a city like that where there's no jobs.
My brother had a girlfriend who grew up in that town. It was one of those places that young people wanted to escape from. It would be interesting, if Wheeling developed a 21st century renaissance,, of young people escaping overly priced urban areas... Simply amazing!
This was a quick lesson in the meaning of "location location location"
Remember kids, if it sounds too good to be true, that’s because it is
It's perfect for nomads who don't have to commute. Revitalize America.
*deep breath* WEST VIRGINIAAAA, MOUNTAIN MAMAAA. TAKE ME HOOME COUNTRY ROADS 🎵
unless you have a work from home job idk where you’d find a job there
It's west Virginia so.... hard pass
We live just outside of Wheeling. It's a dying city. Overwhelmed with drugs, homelessness, trafficking, and crime. You could not pay me to live in downtown Wheeling (where this house is). It is also a very impoverished area. Unless you are a nurse or a coal miner you definitely aren't affording an $18,000 let alone a construction loan to make it livable.
@neilyaremchuk6798