Crazy HomePath Price

[Holly Rust]

We're closely following the trails of a "coming soon" Homepath property. They uploaded pictures recently and the house needs serious cosmetic help - nasty carpet, floors, Dark paneling, dark cabinets, over grown yards, dead trees, etc.

We've been asking the listing agent about it and she said they're getting bids for repair work. The repairs will be completed before listing. She said it would be listed around 175,000. What kind of repairs are they going to do?? Remodel the whole thing and put a pool in??

A house next door with square footage within 25ft and everything updated except for the Kitchen floors and appliances was sold with a list price of 152000 in May.

Is this realtor telling us an accurate price or just throwing some number out there? I've been reading that Home Path tends to over price their properties, but this is a little outrageous!!