Updated over 5 years ago on . Most recent reply
Foundation repair- long term effect on price?
I'm looking at a possibly undervalued SFH that's had a recent foundation repair. Warranty work transferrable to new owner. It seems to be scaring buyers off though. I'm still gathering info- to include whether it's been looked at by a structural engineer.
Hypothetically, if the repair is sound and long lasting, my question is: should I expect this history would depress the price 10plus years out, or can I buy and hold expecting that the value/ price will keep up with comps ? Or is it too big a gamble? Any insight from those with relevant experience is greatly appreciated.