In this wild market, in which record low inventory and soaring demand is pushing home prices ever higher, you might expect that any old thing you put on the market would sell. Mimi Foster, a real estate agent with Falcon Property Company in Colorado Springs, Colorado, decided to put one home to the test.
She listed a five-bedroom home in the Broadmoor Bluffs Estates neighborhood for $590,000. That may sound like a steal, but buyer beware.
While the house appears fine from the outside, and is situated among homes that typically sell for $750,000 to $800,000, what awaits on the other side of the front door is vandalism, destruction, animal remains, years of neglect, and... a pretty intense odor.
"Honestly, you can feel the smell," Foster said.