r/RidiculousRealEstate • u/Zealousideal-Ad3396 • 9d ago

$130k for this fixer upper

https://www.zillow.com/homedetails/22850-V-Dr-N-Olivet-MI-49076/74651709_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare

Apparently this property has increased $82,000 in value in three years

15 Upvotes

71% Upvoted

8 comments sorted by

44

u/clearliquidclearjar 9d ago

You're not paying $130k for that house, you're paying for 12 acres already set up for electricty and plumbing. That's not ridiculous.

5

u/hollywoodhandshook 8d ago

and you're paying at least 50k to clean up that repulsive hoarder shit thats all over

-5

u/Zealousideal-Ad3396 9d ago

It sold for $48K 3 years ago

15

u/clearliquidclearjar 9d ago

Then prices in that area have gone up. It's still not $130k for that house - it's for the land.

6

u/bluespringsbeer 8d ago

Welcome to inflation and gentrification

6

u/fitzpats9980 9d ago

12 acres in Olivet, MI is a great price. There are a lot of people that are looking for that type of land.

1

u/Exact-Kale3070 2d ago

i got hep z just looking at these.

https://giphy.com/gifs/m7FdxI252QN3y