In a real estate market where two out of three homes are priced at $1 million or more, how do you get a reasonably nice house for a reasonable price?
Answer: the old fashioned way: you haggle and do a lot of repair work yourself.
That’s the story House Hunters International told in their latest St. John-focused episode, To Renovate or Not.
The show followed Ken and Rob in their quest for a $500,000 house. Their priorities: privacy, close to town, good view, and two bedrooms/two baths.
A Fish Bay house failed because it needed a lot of work, a lot! – more than even the below-budget cost of $395K would justify. Another property near Coral Bay was just too far out, so they chose a two bedroom/two bath house with a so-so-view of Chocolate Hole. They got it for $50K less than asking price and began spending the ‘savings’ on their fixer/upper.
Rob and Ken also own, and started, the St. Johnimals pet store. The store is for sale for $95,000.
Their House Hunters International show will be aired again at 6pm eastern on May 27.
“Coral Bay just too far out”….they can’t be talking mileage!
I’ll take Coral Bay any day over Cruz Bay.