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I had an agent look at it 18 months ago who estimated a sale price of $430000 (if the repairs were done). The area has gone up about 13% over the past 12 months. So I would say at least 430 as-is, however I believe we would get 470, possibly higher, with the repairs.
My estimate of the costs is 3-5000 for the restumping, about 5000 for the plastering and minimum painting. So that would be the minimum I'd be looking at, with the aim of realising that higher price. I guess I'm trying to figure out if spending another 10K to really take it to the next level beyond that is worth it.
Thanks Tools!
Yarraville, so quite close to the city, pretty trendy. Close to transport, shops etc.
I don't have any pics at present, but it is a double-fronted Edwardian, 2 br cottage, nice corner block about 300m2. I think it has good street appeal with period detail, and it is light and spacious inside (not a train-carriage kind of layout), again with some period detail (not all original but all nicely done).
Hope that description helps?
