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r/HouseSigmaBlunders

▲ 14 r/HouseSigmaBlunders

451k loss + free renovation

Bought for 2.4m in 2017
Listed for 2.68m in 2025 July as is, realized he wouldn’t get that price
Took a year to renovate then relisted for 2.05m after renovation
Sold for 1.949m
22 Hillholm Boulevard
Really hope whoever this was isn’t dead inside 🤣

22 Hillholm Boulevard, Richmond Hill, Ontario Sold History | HouseSigma
https://housesigma.com/on/richmond-hill-real-estate/22-hillholm-blvd/home/L5VXv3lOMMO7j2q8?id\_listing=B5bO3x8vKlQ3kWVP&utm\_campaign=listing&utm\_source=user-share&utm\_medium=iOS&ign=

u/IncreaseImaginary552 — 11 hours ago
▲ 3 r/HouseSigmaBlunders

Grandpa's house is a total wreck. Who would even buy this for cash?

I inherited my grandpa's house in the Tremont area. He lived there for over fifty years. I have so many memories there

But the condition? It's bad. Really bad…

Floors are rotten in places. The wiring is ancient and I'm pretty sure it's still knob and tube. There's a smell I can't identify. It's embarrassing to even walk through. I wouldn't feel comfortable showing it to anyone

I called a few realtors. Two of them came out, took one look, and said that he can't list this. One was more honest and said that I need a cash buyer. No traditional buyer will touch this.

So I started looking into cash buyers. Someone mentioned clecashoffers and they say they buy houses in any condition. I checked their website. They talk about as-is purchases, no repairs needed, fast closings

But I'm terrified

What if they come over, see how bad it is, and offer me pennies? What if they take advantage because they know I'm desperate? I don't know if I'd even have room to negotiate

I guess part of me wonders if I should just take whatever they offer and be done with it. Holding onto this house is costing me money in taxes and insurance. But another part of me feels like I'd be giving it away

Has anyone sold a house in really rough condition to one of these companies? How bad was the offer? Was it worth it? I need real experiences, not website promises

u/krikond — 4 days ago
▲ 60 r/HouseSigmaBlunders

Probably one of the worst houses I have seen. Massively overpaid in 2017 and are now bag holders.

House is tiny and old. Weird layout. Some sort of electrical junction box on the front yard. But hey, at least it's currently leased.

u/rkartzinel — 5 days ago
▲ 5 r/HouseSigmaBlunders

What's the biggest listing presentation mistake you've seen that probably cost the seller buyers?

I've been looking through quite a few listings lately, and it's surprising how often good properties seem to be held back by poor presentation rather than the home itself.

Some examples I've noticed include:

  • Empty rooms that make it difficult to judge the space.
  • Dark or poorly composed listing photos.
  • Obvious editing that doesn't reflect the actual property.
  • Clutter that distracts from the home's features.

For those who've followed the market for a while:

  • What's the biggest listing presentation mistake you've seen?
  • Have you ever skipped a property because the photos made it look worse than it actually was?
  • What could the seller have done differently to attract more buyers?

I recently came across virtualstaging.art. While researching different ways sellers present vacant homes, but I'm more interested in hearing what approaches people here think actually improve buyer confidence rather than just making listings look better.

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u/Repulsive_Stock9715 — 7 days ago
▲ 742 r/HouseSigmaBlunders

Mark Carney Won’t let the Boat Sink - Massive pump for developers

Hearing the declarations of Mark Carney boils my blood.
Basically, he says there are many vacant condos owned by developers that aren’t getting sold, and developers can’t take a loss or afford to hold them indefinitely while paying fees, so he will use our taxpayer money to subsidize the bailout.

This can’t be supported in any way by voters.

  1. So it’s fine if consumers have to sell at a loss, but it’s not okay if developers have to?

  2. So the government (Justin, who is cheering for the USA in the World Cup) messed up the housing market with 0% rates and massive immigration waves, and now that the market is clearing that excess, the government won’t let it happen.

  3. If developers are at a loss, too bad. There are no returns or refunds when you gamble. Nobody subsidizes gambling.

4)Those who criticize capitalism, let me tell you that in a capitalist system, this bailout subsidized with tax money wouldn’t happen.

5)Carney, as an economist, should be telling developers: “Hey, if it’s vacant, prices are high. Lower prices and they will sell. At most, you take a 20% loss. Realistically, prices don’t adjust in the short run by more than 10%. I would risk saying even less. If you sell at a lower price, it means you can buy at a lower price too. So don’t be constrained by nominal prices. What matters is purchasing power.”

What are your thoughts?

u/Chris_DiFiore — 14 days ago
▲ 0 r/HouseSigmaBlunders

Look at the volume of HouseSigmaBlunders in Ontario, Why aren't we getting a bailout ?

If is deeply unfair that the Carney goverment is allocating all these funds to help prop up the Vancouver market.

Look at Toronto condos, they have fallen more than Vancouver has.

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u/speaksofthelight — 11 days ago