Hot housing market: Burned house listed for nearly $ 400,000

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A house badly damaged by fire is seen in Melrose, Massachusetts on Tuesday, September 28, 2021. WBZ-TV reported that the price of $ 399,000 for the house in Melrose, a suburb of Boston, is evidence of how hot the housing market is in the state. (AP Photo / Elise Amendola)

MELROSE, Mass. (AP) – A house badly damaged by fire went on sale for $ 399,000.

WBZ-TV reported Monday that the listing for the house in Melrose, a suburb of Boston, is evidence of how hot the housing market is.

In August, industry groups put the state’s average single-family home selling price between $ 535,000 and $ 552,000.

The online listing for the three bedroom burned house, 1,857 square feet, says it needs a full renovation and is being sold as it is. (AP Photo / Elise Amendola)

The online listing for the burned 1,857-square-foot, three-bedroom house begins with a call to contractors and continues, “The house needs a complete renovation, or possibly demolition and rebuilding. Buyer must do due diligence. The house is being sold as it is. “

In August the house suffered a violent fire that tore out the front windows, which are now boarded up.

The Boston Globe reported that firefighters had to tear off parts of the walls and ceiling of the house to put out the fire.

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