What would you do with this ugly fireplace?
I'm looking at houses to flip and I came across one with an outdated fireplace. What would you do with the stone here? Paint it white? Rip it out and replace the drywall?
I'm wondering from a cost/benefit standpoint, would it be better to just leave it in there rather than incurring the expense of ripping out drywall, rebuilding a basic but nice brick fireplace, then hanging new drywall, taping, texturing and repainting?
For some context, this is in a suburban neighborhood with prices in the $180 - $230k range and I would plan on repainting the walls regardless of what I did with the fireplace.