Viroqua Wisconsin: Wet Basements

I guess we all know the number one thing that kills any real estate sale is a wet basement.  The only other thing that can run off a buyer faster than a wet or damp basement is perhaps a basement that has standing water. Like 2 feet deep, with stuff floating around in it. Yep, that should end the sales tour pretty quickly! 

This particular property has been vacant for most of the winter. It appears that the water-line froze up and burst inside the home and it is not known how long this water has been there. The furnace is ruined and under water, as is the hot-water heater. I could see a large crack on the front foundation wall of the basement where the water line came into the basement from the street. In this type of a problem, you really need to investigate a little further to really determine the full scope of work needed here. At this point this home may also have mold in the basement as well as within the walls of the home. Maybe there will be numerous split pipes in the walls which also contributed to the flooded area in the basement.  This kind of issue really scares most buyers and the property will most likely have to be sold to an investor or rehaber. In my career, I have sold this exact home 2 times. It looks like maybe I will have the chance to sell it a third time, but this time it will most likely be for much less of a price.

Are you searching for homes in Virqoua or Vernon County call Mary Strang at the R teamRE/MAX Hill Country Realty 608-637-3599