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What is the price difference between an outdated and updated home?

W. Ouzzah
2 months ago

I'm considering buying a condo. The appliances are around 11 years old, and judging by the looks of the carpet and paint, I assume they are also about the same age. Similar homes that have sold look like they have fresh paint, new carpet, and new appliances. Home prices are inflated in this area and seller wants to benefit from that, but I don't want to pay top dollar when appliances, carpet, and walls have seen better days. I will keep the appliances until they break, but there are already signs they are not in great condition. How much of a discount should I ask for?

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