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price for a fire-damaged home

by jessii » Mon May 12, 2025 8:54 pm

How do I determine the right asking price for a fire-damaged home, considering the repairs needed and its current market value, and what steps can I take to avoid undervaluing the property?
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Re: price for a fire-damaged home

by isabelllaa » Tue May 13, 2025 10:37 am

When I had to price my fire-damaged property, it felt overwhelming trying to balance repair costs, insurance, and the actual market value. I learned it's crucial to get a professional appraisal and compare recent sales of similar homes in the area—but adjust for the damage. I also found that getting estimates from contractors helped me understand the true cost of restoring it. In the end, I considered reaching out to sell fire damaged house in Salt Lake City because they offered a cash option with no repairs or fees. They gave me a clear offer within 24 hours, which helped me gauge what my property was really worth in its current state. Even if you're not ready to sell immediately, understanding your options—including investor buyers—can prevent you from undervaluing the home and help you make an informed decision without unnecessary delays.
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