A tree changed this house’s price, forcing it $100,000 under median

first_img15 Logan Street, North Booval sold for $149,000 when its vendor decided it was time to sell, regardless of the “tree feature”.AN unexpected set of circumstances involving a tree, a storm and a roof forced this vendor to sell his home for $100,000 under his suburb’s median house price. Ray White sales agent Neil Mundy just sold a bargain buy in North Booval, a three-bedroom home on a 607sq m block for $149,000 and all done with a bit of tongue in cheek.Marketed as the “Ultimate Tree Change”, Mr Mundy meant what he said, as the home has a tree smack bang in the middle of the living room.The tree isn’t an added feature, more an unexpected visitor.The 15 Logan Street home, was an investment property that fell victim to one of the big storms to hit Ipswich earlier this year.More from newsMould, age, not enough to stop 17 bidders fighting for this home4 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor4 hours ago15 Logan Street, North BoovalThe vendor decided to sell as is and a second investor seized the opportunity.Mr Mundy said while it was rare to find a home this cheap, selling at land value, North Booval did offer fantastic entry level properties with more owner occupiers than investors in the area.“North Booval is a nice quiet suburb, close to shops, short walk to the train station, medical facilities, restaurants and sporting clubs,” Mr Mundy said.“This suburb is a really niche market that hasn’t seen its full potential yet.” Mr Mundy said North Booval was an up and coming area and to highlight the affordability of the region Ray White were hoping to auction off 20 homes in the suburb for under $250,000 on Friday July 21.So far 10 homes have been secured to go under the hammer, Mr Mundy is urging anyone in North Booval, who wants to sell in that price bracket, to get in touch.last_img read more