Answers by Walter Sarmiento

A local real estate agent should be able to give you a value for the current condition of the home, and another value, if the home is renovated. Usually homes that need repair sell at a greater discount. Example, move in ready home $500k, house that needs $50k in renovations will not sell for $450k instead it might sell for $400k or maybe even less, there is risk and time cost to doing renovations, buyers are not going to just want to take the cost of repairs off the fair market price, they are going to want to be compensated for doing the work with a lower sales price.