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What's a house that hasn't been updated since the 1980s actually worth?

Answered by Chris Deutsch, Founder & Editor
Licensed Minnesota Realtor #20382264 ·

The short answer

Usually more than the family fears. A dated house isn't a broken house — and the things that actually drive value never went out of style: the lot, the location, the bones, the block. Original finishes price in as a discount against updated comparables; they don't disqualify the home.

On stage The 60-second answer

Captions on · Transcript below

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The longer answer

The honest method: find what updated versions of the same house sold for nearby, then subtract what it genuinely costs a buyer to get there — not what HGTV says it costs. Done right, that lands on a number that's defensible instead of hopeful. What hurts households isn't dated kitchens; it's guessing. Pricing on feelings, in either direction, costs real money.

I do that homework before we ever talk numbers, so nobody's lying awake wondering. (The number is usually a relief.) When you want it, ask.

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From the editor's desk

“As Founder and Editor, I review, correct, and stand behind every answer.”
— Chris Deutsch

Is your situation more specific than the market? That's the one worth talking through.