This blog frequently recommends removing old wallpaper and updating an outdated house before selling. The reason is that the seller usually sells an outdated home for less money.
However, we have to admit we were wrong. At least one time, that is.
This 1956 Phoenix home actually sold ABOVE asking price!
Same owners since 1958!!
Check out that original stove/oven!
They listed the house for $150,000.
It sold in 2 days for $180,000! $30,000 above asking price!!
Wood paneling did not ruin the sale.
The reason this home probably sold so quickly and for more money is that it was designed by architect Ralph Haver. There are several subdivisions from that era in Phoenix. They rarely go up for sale and are quickly sold when listed. Mid-Century Modern enthusiasts scour these subdivisions for new listings. More info on Ralph Haver here.