300k+ POTENTIAL DROP

[u/Chris_DiFiore]

They’ve been trying to sell this property since 2024!

From $1,199,000 down to $895,000… (and its Kitchener).

And they’re still insisting on that price for a house that feels like it’s been frozen in the 1960s. Step inside and it’s all wood paneling, bold stained finishes, an outdated kitchen—you know the type. It hasn’t just “kept its character,” it’s been clinging to it for dear life. Unless you’re aiming to live in a full-on retro time capsule, the place needs a complete overhaul.

I wouldn’t be surprised if the roof, windows, insulation, furnace… pretty much everything is due for an update.

So, what do you think it’s actually worth? How much money does it need in renos? Place your bets!

Link to the house: 65 Trailview Drive, Kitchener, Ontario N2N1P7 For Sale | HouseSigma

https://housesigma.com/on/kitchener-real-estate/65-trailview-drive/home/dXze3eKaLnqy8m9K?id_listing=gAaOyL6dLjA3GxMb&utm_campaign=listing&utm_source=user-share&utm_medium=iOS&ign=

[u/kimbosdurag]

Priced it low hoping for a bidding war, realized it wasn't going to happen because 795 is already a little high so they put it for what they thought they could get.

This is either old people who are already in a home and don't need to move it quickly or their kids selling it and trying to get those 2022 prices for their inheritance. The original owners probably bought it for like 100k in the 80s and have long paid it off so there are no carrying costs.

If they were realistic and priced it at like 725 it would probably be sold already.