Hi all,
This seems to be a group of smart real estate peeps so I thought I'd thow out this question to the masses. We're going to be selling our house in greenlake fairly soon, but as luck would have it we discovered we needed a new sewer line before we could sell this place. I'm thinking of it as a final 'send off' from the house to us, one final bill in a seemingly endless list of 'fixes' and 'upgrades.'
This is the most expenive single item that's ever been done to the house, $25k for everything. Rediculous. My question to you guys, how much value will we be able to get back out of this job for having done it? I know it won't be 100%, but I'm hoping it'd be at least half. From talking with realtors, these plumbers, and others in Seattle this job almost qualifies as maintenance, as every old house needs it done eventually- so what's it worth to you to have it done already?
Also, this has tought me to NEVER buy a house without a sewer inspection, and I'd almost go so far as to say I wouldnt buy a house without this already done, or else I'd subtract 25k from the offer price, no negotiation. Who else is thinking this way? It seems like this is becoming a common inspection item for knowlegable buyers, what do you guys think?