Spooky houses look like they haven’t seen a living occupant, gardener or handyman in years. Many so-called haunted houses are so dilapidated they look occupied by ghosts, or they’ve been on the market so long, buyers suspect there’s a skeleton hidden in the closet. But that house for sale that gives you the creeps may actually turn out to be a good investment.
So what makes a house seem haunted?
It could be the tumbleweed landscaping, paintless trim, broken steps, or crooked roof—, material problems that can easily be repaired or replaced. But a house can also carry a stigma (which has nothing to do with the home’s structure) that evokes fear or repulsion, including a history of death within the home from murder, suicide, or suspicious circumstances. The house could previously be occupied by an unsavory hoarder, drug dealer, or occultist. Or, there could be a real ghost. MMMMWWWWAAAA!
Would you be able to look past a home’s creepy appearance or scary reputation? According to Realtor.com, nearly half of homebuyers wouldn’t touch a haunted house, but one in three buyers would purchase one if they could get a lower price.
That spells opportunity, especially if the home is in a nice neighborhood. If your low offer is accepted, get an inspection and renovation estimate from a local real estate agent ( e.g Berkshire Hathaway real estate pa). If the total costs are lower than or equal to the other home values in the area, you could end up with the friendliest bargain on the block.
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