What is a fair offer?I am looking at a house that has been on the market for 2+ years. The house is in good shape as we have looked at it 3 times. It sits on a lot of land but can not be subdivided. The owners have put a lot of maintenance into the back yard that requires a lot of upkeep. I'm not sure I want to maintain a house with so much maintenance. The bought the land for less than $100k and built the house themselves. They are looking for close to $600 for the property but I think it is only worth 500k. Any suggestions. Can I come in with a low offer of 500k? Even with all they put into the house at 500k they are walking away with a good profit.December 01 2011 - Staten Island0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.