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  #1  
Old 06-23-2011, 01:50 PM
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stangtime stangtime is offline
 
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Location: Lusby
State: Maryland
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Default Oh, why did I accept this one?

26 acres. Waterfront. And has a 4,000 s.f. Amish barn (guest house) with a second level finished with hardwood floors, full bathroom, and no kitchen anywhere. Lower level is a barn with gravel. This thing was build solidly but oh, geez is this going to be a pain. I've worked through jobs like this before, but I really didn't need this now. When I accepted the job it was with the knowledge that there was an old barn on the property. Not this.

Fee is not bad, but not great; four digits. But still.

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Old 06-23-2011, 03:00 PM
JamesRockford JamesRockford is offline
 
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I believe a guy on this forum just did a 2055 Exterior on this one.
  #3  
Old 06-23-2011, 03:07 PM
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This seems like a kind of ordinary type assignment out here in the Mendocino boonies.
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  #4  
Old 06-23-2011, 03:13 PM
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Metamorphic Metamorphic is offline
 
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Quote:
Originally Posted by CANative View Post
This seems like a kind of ordinary type assignment out here in the Mendocino boonies.
Ditto the Sierras.

4 Figures! Lucky dog.
  #5  
Old 06-23-2011, 03:49 PM
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stangtime stangtime is offline
 
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Not overly common down this way. For this type of thing the report will be narrative. Search parameters will be stretched out probably county wide, or the surrounding counties, and probably back a couple of years.

Dan
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  #6  
Old 06-23-2011, 03:55 PM
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It's a barn with an guest unit. The cost is probably 200 grand and the return is probably less than a hundred grand depending on the type of market.
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  #7  
Old 06-23-2011, 03:57 PM
KYLECODY KYLECODY is offline
 
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Better you than me. Makes me feel good about living in cookie cutter land. I would of dropped that one like its hot.
  #8  
Old 06-23-2011, 04:26 PM
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Metamorphic Metamorphic is offline
 
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Go find one with a barn and adjust up for a workshop/garage/studio, then go find one with a detached workshop/garage/studio and adjust up for a barn. Also do searches for coach houses, detached garages, mobiles, homes with 2 houses on the lot, horse ranches, etc. When was the last time this thing sold. You might be able to comp it with itself.
  #9  
Old 06-23-2011, 04:42 PM
stefan olafson stefan olafson is offline
 
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Challenging jobs tend to exercise the mind much more than the cookie cutters. I'd rather do three or four challenging jobs versus ten cookie cutters. Probably make more money also!
  #10  
Old 06-23-2011, 05:15 PM
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stangtime stangtime is offline
 
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Thanks all. I appreciate the suggestions. I'll have to hit if from a couple of directions. Meta - It hasn't sold before; it was built approximately eight years ago. It was listed on the market for 1.4 (DOM:345) but never sold or had any interested parties, as per a discussion with the listing agent. So that places a cap.
Greg - From some quick rough numbers I agree.
Kyle - From time to time these mental exercises are good. Just not when I have other pressing work from my bread and butter clients.

Dan
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