Posted by (+848) 14 years ago
What is the average rent in Miles City?
How much would a two-bedroom 1904 brick home, partially remodeled go for?
Specifically, how much would you pay for the following:
Kitchen - Not remodeled, stove has 3 working burners, oven doesn't work. Fridge is single-door style, freezer melts, crisper freezes. Drawers in kitchen have no sliders and require daily wax to keep them from sticking shut. Cabinet doors no not close properly. Portable dishwasher. Cheap recent lenolium is sagging, punctured, irregular, does not line-up with walls, is patched (already) and interferes with the dishwasher.
Back Porch - sagging about 10 degrees and is literally collapsing.
Garage - Yes, but not allowed to use.
Laundry - in the collapsing basement with only access from outside.
Outside water - Only possible by running network of hoses from the basement.
Other - Some windows do not open. One window is broken. No screens on any windows. Some outlets do not work. Unfinished basement with high water table has a non-functioning bathroom.
Bedrooms - bedrooms recently remodeled, (though not yet complete).
Bathroom - Gorgeous
Livingroom - partially remodeled, (though not yet complete)
Front Porch - Slightly sagging, enclosed, not remodeled, very old paint and lenolium.
Roof - according to every single contractor that we brought to the house, the roof must be re-shingled immediately. The shingles on the south roof are over 80% destroyed.
Yard - no appreciable lawn, no work to lawn in several years. There exists a well, but no pump. The fences, where they exist, are completely destroyed.
Utilities - Paid by renter - not included in rent price.
---
We moved in at $450 / month. We agreed in the contract that as remodeling was completed, the rent would increase. Phone conversation on rent with owner informed me that rent was expected to be at $600 once the inside was complete, and $700 after the porch and outside were complete. Certain inside remodeling was supposed to be completed by July 20th - I don't think it will make it.
We received a certified letter this week stating that as of Aug 1, the rent will increase to $750, and to $850 on September 1.
Am I getting a good deal, or did I get screwed?
Owner states that there are prospective renters willing to pay $850. If you are one of these people, please stop by and see what you will actually be renting for that price.
Professional and qualified opinions are requested. To see this house yourself, visit 110 North Jordan - Red brick house with destroyed shingles and dead grass :-)
[This message has been edited by Eric Brandt (edited 7/16/2008).]
How much would a two-bedroom 1904 brick home, partially remodeled go for?
Specifically, how much would you pay for the following:
Kitchen - Not remodeled, stove has 3 working burners, oven doesn't work. Fridge is single-door style, freezer melts, crisper freezes. Drawers in kitchen have no sliders and require daily wax to keep them from sticking shut. Cabinet doors no not close properly. Portable dishwasher. Cheap recent lenolium is sagging, punctured, irregular, does not line-up with walls, is patched (already) and interferes with the dishwasher.
Back Porch - sagging about 10 degrees and is literally collapsing.
Garage - Yes, but not allowed to use.
Laundry - in the collapsing basement with only access from outside.
Outside water - Only possible by running network of hoses from the basement.
Other - Some windows do not open. One window is broken. No screens on any windows. Some outlets do not work. Unfinished basement with high water table has a non-functioning bathroom.
Bedrooms - bedrooms recently remodeled, (though not yet complete).
Bathroom - Gorgeous
Livingroom - partially remodeled, (though not yet complete)
Front Porch - Slightly sagging, enclosed, not remodeled, very old paint and lenolium.
Roof - according to every single contractor that we brought to the house, the roof must be re-shingled immediately. The shingles on the south roof are over 80% destroyed.
Yard - no appreciable lawn, no work to lawn in several years. There exists a well, but no pump. The fences, where they exist, are completely destroyed.
Utilities - Paid by renter - not included in rent price.
---
We moved in at $450 / month. We agreed in the contract that as remodeling was completed, the rent would increase. Phone conversation on rent with owner informed me that rent was expected to be at $600 once the inside was complete, and $700 after the porch and outside were complete. Certain inside remodeling was supposed to be completed by July 20th - I don't think it will make it.
We received a certified letter this week stating that as of Aug 1, the rent will increase to $750, and to $850 on September 1.
Am I getting a good deal, or did I get screwed?
Owner states that there are prospective renters willing to pay $850. If you are one of these people, please stop by and see what you will actually be renting for that price.
Professional and qualified opinions are requested. To see this house yourself, visit 110 North Jordan - Red brick house with destroyed shingles and dead grass :-)
[This message has been edited by Eric Brandt (edited 7/16/2008).]