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This house looks like a deal at first glance—under $400,000 and roughly $147 per square foot. But when you take a closer look, deferred maintenance and condition start to tell a very different story. In this video, I break down a real listing in Casselberry, Florida to explain how condition directly impacts buyer behavior—and why buyer behavior ultimately determines price. This is especially important for homes that need work, including properties that have been inherited or left vacant for a period of time. Often in these situations, routine maintenance slows or stops, and emotional attachment can make pricing difficult. At the same time, renovation costs are frequently underestimated. The reality is simple: the market doesn’t price memories—it prices condition and comparable sales. I walk through: How buyers evaluate fixer-uppers Why converted spaces (like garage conversions) don’t always carry full value How roof age, permits, and major systems affect offers Why buyers discount for uncertainty and future repairs The difference between what counts on paper and what buyers actually pay for I’m not sharing this from theory—I’m an experienced real estate investor who has flipped multiple houses, so I’ve seen firsthand how quickly renovation costs add up and how buyers factor those costs into their offers. If you’re trying to decide whether to sell a home as-is or update it first, this type of analysis is critical to setting realistic expectations and avoiding months of frustration. Disclaimer: This video is for educational purposes only. All opinions are based on publicly available information. All information is publicly accessible. If you’re dealing with a property that needs work and want clarity on how the market really sees it, this is where that understanding starts. #RealEstatePricing #FixerUpper #InheritedProperty #SellAsIs #RealEstateEducation