Mansion for sale at bargain price…so why is no one buying?

The 15-room home, which has been on the market for about a year, is for sale at just $76,900.

[@sunshine-xd5ip]

80,000 + 60,000 for repairs? That's a good deal

[@okk2776]

yeah lol you can sell it for AT LEAST 650K when renovated

[@dickiegreenleaf750]

Yeah. Bs on the renovation price.

[@xXbrian69Xx]

Property tax

[@TheLastDragon5]

@@dickiegreenleaf750 Renovations would be over 200k

[@kathycole4474]

hope someone bought it and restored it..looked amazing with all the detail

[@Kabob_King]

No one is buying because the median household income in Youngstown, OH is $24,500 and you can't afford a mansion on that.

[@peteradamczyk5309]

You would need more than $60.000 to fix it

[@k.alicepritchett4638]

My next door neighbor bought his house two years ago. He then gutted it and completed rehabbed the house into what he thought it should be. (It was a 'builder's house' that is, it was the builder's home who constructed all the houses in our neighborhood, so it was in excellent shape with a lot of extras.) He told my husband and I that he put an additional $140K into the re-hab. Must be nice to have $$$$.

[@Mockduck2020]

There are beautiful houses like this all over the country in depressed areas. It’s all about having the money. America is becoming a slum ☹️

[@paulonorato7501]

Yes we love our slums and ghettos.

[@thefernalizerhere2183]

@@paulonorato7501 good for you

[@joshuaearp9494]

Can you imagine though what that looked like in its glory days... I wish I could take this.

[@kjd1495]

A dumpy home in my area goes for around $225.000 and that's a 2/2

[@Kenoscope]

I own a two story DUMP in San Antonio's West side, valued by the bank at $173,000+ I couldn't sell it for $20,000 because of the Mexican Mafia down the street and yes I've tried, that was the high bid by a house 'remodeler.'.

[@roxxic3677]

What a shame! No one in the area can't afford a loan for $150,000.00 dollars in that area?. Gee if that mansion was in Omaha Ne you would pay have a price of over $150,000.00 and then you'd have to pay what it would cost on top of your purchase price for remodeling...God I live in the wrong state and city. That's a great deal for a historital home...Them people are spoil with there lower housing costs!

[@smug8567]

You know, those were my mother's dying words. Course, when you're covered in third degree burns and one foots caught in a bear trap, you're gonna to start talking crazy

[@cindycostello463]

It looks the house from nightmare on elm street.

[@missytucker5202]

It Reminds Me Of The Amityville House In New York ...

[@alablakelock78]

Exactly...I thought ay first it was the Amityville house

[@robincorprew9007]

yes

[@brooklynrocks2396]

That house is beautiful. If only someone was in a position to buy it & fix it up.

[@robertonofrio5754]

Looks like the house from the 1980s movie the money pit

[@TheIggypop1]

Tom hanks pops out ..

[@jerrypie]

They’re really low balling when they say renovation would cost 60,000. It’s gonna be way more than that.

[@margieadams4622]

haunted or not. if i had the money id buy it n redo it. its beautiful heritage

[@Thatgayguytimo]

I'm from Chicago... you can't buy a parking spot for $60,000 😂

[@bmwlexus3387]

Why don’t the workers buy them then? They care so much about them, so why don’t THEY buy it ?? ;-;

[@jrcwwl]

It would take far far more than $60,000 to get this home in livable condition. But even so, it would still be a great deal. I live in California, you can't even get a decent middle class home for under $450,000 to $500,000 and that isn't even nowhere near the coast.

[@StillJustD]

60K to get it "livable". as in to get the occupancy code. and another 150-250k to get it actually live-able. And you'd still be in Youngstown.

[@710MaryJane]

I can’t believe no one has bought it! To renovate it’s only $60,000+ and $70,000 to purchase, $130,000 is not a lot of money for that mansion. Now, it also depends how high the yearly TAXES are! If taxes are $10,0000 a year, then that’s a problem. If I lived in that State, I would have bought it.

[@kimberlysweet3521]

Gorgeous home

[@conniebarnes9274]

Most of us wouldn't be able to afford the utilities in a home this size. It could be a very nice property, though.

[@toysoldier46552]

Property taxes would eat you alive as well.

[@jaylovestesla1099]

@@toysoldier46552 exactly.. its a good asset for investment and u rent it out to tenants then u get massive cashflow.. wait for couple years again then sell it with gained equity

[@toysoldier46552]

@@jaylovestesla1099 After a few renovations I could see turning a massive profit but meh, that's a long term commitment so it would take at least a decade of rentals to cover the costs.

[@steve19745]

im retired from general electric as well as the military with plenty of time and my soon to be wife is a surgeon were looking for a new place to start out fresh. perfect whats the weather like

[@5954ldydi]

The only state you can experience all four seasons in one week hence pretty crappy. I would definitely recommend a visit first. Grey skies, high crime and cranky unfriendly people. Can't believe I am still here. LOL

[@pamelamcfadden337]

You have normal winters and Beautiful Spring, fall and winters. I don't know your neighbors nor their moods but we all have them.

[@jeyrod1]

It’s dark, it’s depressing.......it’s home!

[@maryparis576]

Sell it for 10k cash cuz it's gonna need more than 100k to update

[@ashleylalaloves6146]

I want it!! I love old original!

[@davidsavage519]

Why was this on my feed lol

[@mistervacation23]

I took a dump in that front room once.

[@katierose1893]

Lead, asbestos, ghosts, cobb webs, creaky floors, nails, rust, dust, ugly outdated decor. Need I go on?

[@LB-pg3no]

You have no creativity, no imagination, your so negative even negativity runs away from you, you were ever a wise investor, you suffer from OCD, you take good situations and only look at the bad.......NEED I GO ON????????

[@sabrinapatino1911]

My uncles and my dad spent alot of money fixing my house which is yeah smaller then that but it was horrible so if I ever get it i have people who can fix it

[@lindagill1793]

Hell! My house is twice that! What a bargain!

[@lesliespiers8407]

man if I had the $$ Id buy it

[@710MaryJane]

$24,500 yearly salary! No wonder they can’t afford to buy.

[@4486xxdawson]

Asbestos everywhere , cant see why it wont sell , boilers are always a sign abestos is present ...what does it cost to have that removed ? Dont forget to include that in the mortgage...

[@AznAnarchy99]

$140k loan? *cries in Californian*

[@phillipthrasher6812]

will they take cash for that 1918 home

[@queenrose524]

My mom will only buy it for $5,000

[@dragoncrackers7660]

It's nice looking but 60k is an underestimate. A house like that usually has to have a major remodel to bring it up to modern standards. It will be like a giant granny house if your just making it livable.

[@brucebeamon5460]

That’s STILL NOT a lot of money , if that’s an accurate amount to invest after the purchase , My problem would be as it is with my own home finding Honest & Reliable Contractors . And wondering what the taxes would be on it b4 and after completion

[@thecat6062]

$76,000.00 You can pay that ( or more) for a new pick up truck...

[@girishsavant2302]

Where is this house located?

[@MrScottie68]

The Youngstown residents should come here to Long Island NY. They would die. Small starter homes from the 1960s are around $400k and most need $50 in updates and repairs before you can move in.

[@jamiecann2485]

That would be a $10 million house at the Jersey shore

[@mobileLegends-uo9go]

Haunted.

[@conniebarnes9274]

mobile Legends, I ain't afraid of no ghosts. lol

[@DrPatTucci]

In reality Crandall park across the street is very haunted and it bleeds into the neighborhood.

[@therealzooch]

If the house is worth 80K, its worth 80K. Its not worth 20k because it may need 60k in repairs. Someone should have no problem getting a loan based upon the 80k asking price.

[@Robert08010]

Is there radio active fall out near by or what? I'd expect that to be worth $300k - $500K. 80k to fix it up SHOULD be nothing.

[@carmennunnally9847]

Does it still available?

[@dinasara1644]

Tamara should buy this

[@sandradelgado6151]

I would buy it

[@TheRyleeFreeman]

Youngstown Ohio is not a great area and not doing well financially at all. Barely anyone with that much money wants to live in Youngstown.

[@dancostello6465]

It's a Scooby-Doo ghost town.

[@himinah]

BEAUTIFUL ❤️

[@brianarmstrong9098]

With the price of lumber and other building materials, the price of repair is Ludacris!

[@williambrower3704]

I really love that house I want that house

[@CindyLejeune]

I wonder if it is still available?

[@fedupinl.a.7810]

Damn i was searching michigan for this type of property. I,d buy it. Anybody that believes in haunted houses is an ignorant child

[@gloriahanes6490]

Not (all) old homes are haunted but some are check the history of the home and if it is built on sacred Indian burial grounds, or had a murder or a massacre then keep looking.

[@teresayates8274]

I had a few scary problems in my last house. You would be surprised how quickly you go from "mature skeptic" to "ignorant child" when your dog backs into your room hackles up, teeth beared and growling at something just outside your room that only he can see and you can feel as the temperature suddenly drop in the room. Try having a nice "Mature" sleep while that's going on champ.

[@amysbees6686]

SOLD 2017 (Realtor).

[@jasonx409able]

That is the Money Pit!!!

[@williambrower3704]

If I had the money I'd buy it in a heartbeat. Fix it up and we're going up I would pull the trigger I would do it I would live in I want something that is ghostly and creepy and I want ghosts all around me

[@MrTitan225]

Looks like the house from the movie....Money Pit ....lol

[@thezmanchar]

It looks like Fairmount in Cleveland ...

[@freelandsm1]

GIVE THEM AWAY!! No Brainer

[@heavenawilson5140]

A Millionaire could perhaps purchase it.. wouldn't need a loan for fix up repairs..

[@hollywoodhawkins9730]

It’s haunted

[@kseke25]

No such a thing.

[@erikleonardi6642]

@@kseke25 you're up to believe what you want, but staying skeptical is much better than being ignorant :)

[@michellejackson9576]

The price of the house is a bargain price .and it will need work I think someone will buy it .

[@tenzackyogi1742]

Out of State Rich people can buy it..

[@marshamercer876]

I love a boiler

[@tonrap123]

I love it. I'd do it if i had the $$$

[@kountessdough7265]

I would buy it and open up a bed and breakfast.

[@toysoldier46552]

So essentially 140k just to move in and still needs more repairs after eh? Then there's the closing costs, property taxes etc so more like 250k just to move in in all honestly in most areas like this for a run down dated property, which is yet another reason why it will not sell.

[@steve19745]

Anthony E. Idealistic Woodworks and Drone reviews id replace that boiler for starters you can buy one a whole lot smaller that will do twice the work nowdays

[@thecharlesfoley]

dude, that looks just like the house from "the Money Pit"!!!!

[@yossarian6799]

Looks like they're testing missiles there

[@thecharlesfoley]

@@yossarian6799 I'm glad you knew what I was referring to!

[@jeffbarnes1033]

Bad area and no one has any money in that town.

[@Arielstanley-y8f]

I want it .

[@georgefreedomwashingtontru9600]

We are sheetrockers, I would love to restore the 🏠,an I have experience in the paranormal field, I love the house. It's perfect ,

[@Mike-cv7hv]

Hang on. California's coming.

[@dianejohnson5216]

When they up date a old house like that they runion

[@pepstalynn]

If ain't nobody wanting to buy it that mean it's haunted.

[@BamaraisedMeNCpaysMe]

I wouldn't buy it. ALOT of repairs and upkeep.

[@sexyhair247]

That eerily looks like the house from _The Amityville Horror_ movies. Anyone who buys this house doesn't know about the _Amityville_ movies.

[@frankiebella7808]

I'll buy it 77k...only WTF !!!😮😮😵

[@dustyclasso2012]

Damn... thought it was haunted.

[@murphmurph2124]

back taxes

[@jamesmattice8171]

Nice home, fair price? maybe for the right buyer! but for the average person.....Nah, pass on this one

[@blknin4552]

Outdated....needs too much work. Its obvious why no one will buy it

[@lynettedundon1410]

Haunted? Money pit?

[@cathybrown]

If the house was purchased for 65K, put 100K to fix/restore, you'd have a house worth 800K easily. I was a realtor and I still follow the market.

[@tankman20064]

Look like broken

[@dickiegreenleaf750]

Bet the neighborhood is ghetto.

[@MrRod0]

Hung of junk big deal

[@j-bro894]

$300k might make that dump livable. That my friends is a tear down.

[@jamiecann2485]

But it’s in Youngstown...LOL it may be in shithole Mexico

[@gingermarie1760]

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[@DeHirvilammi]

where is this home town an state plz anyone know it

[@foltzenlogel]

SYDNEY HI - Youngstown, OH

[@enrip4017]

Rehab addict 😝

[@Nick-dk4od]

I would be tempted to buy it, completely gut it and then make it look modern and beautiful. I hate how busy all the woodwork and everything looks. It needs to be more open!

[@btvbrndn]

That house needs WAY more than $60k in repairs. It’s a dump. Should just be torn down and build a new house on the property

[@LB-pg3no]

Your sick....get a real life

[@LB-pg3no]

TRUMP 2020 MAKE HOMES GREAT AGAIN!!!!!

[@chili_boi2537]

Demolish the entire thing

[@queenqutie9236]

I'll take it for 10,000

[@myahsmybaby]

I would buy it