Recently put an offer in a 450K home, but im afraid it might be an overpay, but not really sure in this market. Wanted to get fellow redditors thoughts.
IL Northwest Suburbs Hoffman Palatine Area
2885 sq ft 4 bed 3 ba Unfinished Basement
2007 built home
Roof needs replacement in 3-4 years ($20K ish) windows upstairs need fixing ($3K) no Laundry ($1.5K) Carpet upstairs need replacement ($4K) Dishwasher replacement ($700) Basement unfinished (~$8K carpet ceiling electric labor) Radon mitigation system (seller credit) inspection showed the radon levels were high and needed mitigation system
As we look at all the potential costs, we’re wondering if its even worth pursuing this house anymore, and instead getting a home that doesn’t need any work for the $480-490K range.
Any recommendations Reddit?