We knew putting the offer in that they weren't going to accept it. It's $45,000 under their current asking price, and $85,000 under their original asking price. It's also $105,000 under what the current owned apparently has into it. But, it's been sitting on the market for 5 months with no offers. It's certainly not in turn-key condition. It's 33 years old and while it is extremely well built, and way better quality than any other homes in the area, very little in it has been updated since it was built 33 years ago. It only requires cosmetic work, though, and after thinking about it for awhile we are confident we can get it looking very modern without spending a ton of money. We'll just have to DIY a lot!
We expect them to counter offer much higher than our original offer. We hope we can land somewhere in the middle of our offer and their asking price. We will see what happens. It's also conditional on us selling our current house (anyone want to buy it?;).
This house is pretty perfect for us. It's on over half an acre, and is extremely private (you can barely see it from the road) with a circular driveway. It's a 2300 sq foot bungalow with a 2300 sq foot basement with huge windows like we have in our current raised ranch (so it's pretty bright down there, not like a normal darkish basement). The basement was finished last year, but it's not completely done. For example, a lot of the basement walls are missing trim; a possible bedroom is missing flooring, a proper ceiling, and trim; there is a new bathroom that isn't actually dry walled, they just put up panelling for the walls, etc, etc. However, there are three sets of stairs leading to the basement - one from the house, one from in the garage, and one from off the covered porch. Pretty cool!
There are 3 bedrooms upstairs, with the possibility for 2 more bedrooms upstairs since there are two rooms that we wouldn't use for their current functions (a formal dining room and a sitting area, both measure 11x14 and have big windows). We would just have to wall off the large openings and put in doors. There are 4 bathrooms total, 2 full and 2 partial, but the partial one downstairs is huge and has the plumbing roughed in for a tub shower or even a stall shower and whirlpool tub.
The backyard has room for a pool, if we choose to put another one in. It has a great brick shed, concrete paths winding through the trees (kids would have so much fun with that!), a big patio on one side of the house, and a huge covered patio built off the other side of the house (covered with the actual roof of the house). It also has a bunch of pear trees that produce a ton of fruit every year!
The biggest draw for us is probably the 33x33 ft garage. That gives Justin almost 1100 sq feet to set up the gym, and room to train 10-12 people at a time INDOORS (which is not possible in our current 400 sq ft garage). It also happens to be right across the street from the high school Justin has been transferred to for the fall. And its 2 minutes from my parents house!! I am so excited to be moving back to town instead of living 25 minutes away!
With us selling our house and negotiating on the new house, there is a TON that has to occur before we can actually call this home ours. It could all certainly not happen, but I'm trying not to stress. We are moving to town regardless, so that's in my favour. And I am really trying to hold on to the whole "if it's meant to be it will be" thing. The way this has all happened so far makes me think that it might be meant to be. For example, we were not even interested in looking at the house at all because of the asking price and the pictures. Then on Saturday we were driving home from my parents' house and we saw it was having an open house. I was still not interested in looking, but there was literally 10 minutes left in the open house so I told Justin we might as well take a look. We ended up actually liking it and feeling like we could live there.
So, next, we decided to try and go to the open house on Sunday, which was from 1-3. It ended up working out PERFECTLY with Isaiah's naps, and that is hard to accomplish. Then our realtor wanted to meet with us at Remax at 4pm, which ended up totally working with Isaiah's next nap! He slept at my parents' for half an hour and woke up 12 minutes before 4. So we made it to the Remax office RIGHT AT 4.
Considering how hard it is to do things when working around Isaiah's naps, the fact that everything has worked out so far, timing wise, has me feeling optimistic.
But who knows. Maybe they won't want to go low enough on the price. Maybe our house won't sell fast enough. There's a lot that has to happen. Wish me luck!