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Hot housing market: Burned home listed for almost $400,000

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MELROSE, Mass. (AP) — A property in Massachusetts seriously ruined by fireplace has been shown on the current market with an inquiring cost of $399,000.

WBZ-TV described Monday that the listing for the residence in Melrose, a suburb of Boston, is proof of how warm the housing market is.

In August, business groups listed the median sale value of single spouse and children residences in the state to be amongst $535,000 and $552,000.

The on the net listing for the burned, a few bed room, 1,857-square foot home suggests it is in want of entire renovation and is remaining sold as is. (AP Picture/Elise Amendola)

The on line listing for the burned a few-bedroom, 1,857-sq. foot house begins with a connect with out to contractors, and carries on: “House is in require of a complete renovation or prospective tear down and rebuild. Consumer to do because of diligence. Dwelling becoming bought as is.”

The home experienced an extreme fire in August that blew out the front windows, which are now boarded up.

The Boston Globe noted that firefighters had to tear out sections of the partitions and ceiling of the house to extinguish the blaze.

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