Would you avoid a home that requires piers on a basement wall?

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I have had my eyes on this cherry deal for a while now.  The first opportunity passed me by as I was outbid on the sale.  The property has now come back up for sale with some new information:

A basement wall requires piers to correct the foundation.  Also a notice for changing landscape grade in an area.

Would a seasoned investor walk the deal as this repair is likely costly and will negatively impact potential gains on the resale?  The property (even at the previous accepted bid) is still valued at least $30,000 below all neighboring properties in a nice quiet neighborhood.

I'm new.  I've never purchased previously.  How would you suggest I proceed?

Thanks!