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My partner and I bought a century home just over 2 years ago in NE, Ohio in the shitty town I grew up in but the best neighborhood in said shitty town. We're considering selling and I'm looking for some advice. Gonna try my best to lay it out.
We paid 60k, 2259sqft, on a double, corner lot with a hedge for privacy; 4bd and technically 4 bath but this city is know for having a single toilet in the basement and that being considered a bathroom; very weird. It had been a rental for seven years prior. Two of the bathrooms were an absolute travesty, not in their design, they were destroyed. I currently have both of those bathrooms mostly gutted. All hardwood floors. Some termite damage in the basement that is either superficial or anything structural has been repaired very well. Some plaster cracking that I had two structural engineers come in and both said the cracks weren't indicators of any serious problems. Roof will need replaced soonish and the gutters are all fucked causing some leaking in the basement but the engineers both said the foundation is in surprisingly excellent shape otherwise. The house is also across the street from a steep ravine and all the houses on the street have a manhole sized pipe connecting the basement to the ravine which would be illegal to put in new but it makes the basement literally impossible to actually flood between the pipe and the geography.
I'm pretty sure we're gonna sell. I might be able to get a new roof through insurance but the gutters won't be cheap and we're broke as fuck. How will the value of the home be lowered by the bathrooms being gutted assuming we left it that way? The hardwood needs refinished, which I can do but would doing that increase the value enough to make it worth it? I've read both that new gutter installation will increase value and not increase value, so I can make heads or tails of that.
Thank you anyone who can help me figure this out.
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