Is it a crazy idea to offer helping to fix neighbors house?
We have been thinking about attempting to sell our house to move into a slightly smaller home in a different area. We live in a nice area, but it is about two blocks in from the dividing line where it becomes primarily a student rental area. It's generally a pretty nice area, but I've watched the rentals declining quite a bit over the last year or so with pretty much zero attention from the landlords - most certainly due in large part to current economic conditions. The house right across from us in particular can be seen falling apart. The problem is the house is a notable eyesore due to the fact that is RIGHT in your face as you walk out the front door and the psychological impact is pretty signficant. With a bare minimum of attention, it could be given a drastic facelift. I have actually gotten the somewhat wacko idea to offer paying for 50-60% of a minor house facelift as I think it could actually pay off and could really effect a prospective buyers impresssion. Basically, the decrepit shutters on the windows just need to be taken off and discarded, the front door and window frames need to be scraped and painted and a little siding cleaning is in order. Maybe the brick facade could be sandblasted, or whatever they do to clean that. There is a handyman I work with that works quickly, and I could have him work a half day over there when he is at my house doing some work. The investment on my part would probably only be a few hundred bucks. Is this an inadvisable thing to even consider? The idea does seem kind of silly on one hand, but I have started actually considering this with some seriousness.