People will buy a fixer-upper but they will pay accordingly. At the end of the day, the buyers determine the price of the property. Ken needs to figure out if he's selling something unique or a commodity. My guess is that his house is a commodity.
%% Good post; I bought many of my properties from -''owner Realtor agent'']] I remembered my first starter red brick home. I really enjoyed it; it was next to vacant lot, with plenty of wildlife BUT good thing for me /average DOM had been notably long; maybe many did not want a vacant lot, with wildlife next door like I did . And I remember the seller was difficult person; she tended to take [wrongly ] a lower counter offer in price\ as an emotional insult .Even if the REALTOR told her that was not an insult LOL RE is complex. The seller took[some say stole]a TV aerial attached to house-THAT's not allowed. My girlfriend's dad told me to contact the Board of REALTORS. So it was not the[seller's] RE agents fault, but they made sellers REALTOR give me one.
Another new listing https://www.zillow.com/homedetails/2550-Lumberjack-Dr-Colorado-Springs-CO-80920/13558822_zpid/
The house is no longer on the market. https://www.zillow.com/homedetails/8630-Brockhill-Dr-Colorado-Springs-CO-80920/13560926_zpid/
But, but, what if one California schmuck (who doesn't know house values) wants to over pay?? What then?? Ken, I'm going to be honest here...Joking aside (want to tell the truth). The work you did on remodeling was good...It wasn't great. It didn't look like craftsman work. I am wondering if that came into play? It's not what you put into it ($), it's what buyers see the value in it...
Perhaps related to his divorce? Strongly recommend to abstain from any public display of equity/investments/property during divorce proceedings.