Marni Jameson: Calculate worth of a house with heart math

The house has potential.

Every time I hear those words, a story follows that has more ups and downs than the New York skyline.

The word potential alone is dubious, as in that kid has potential, that relationship has potential, that job has potential. The word potential gets called out when one wants to infuse a precarious situation with rosy hope and optimism.

Its loaded.

Put the word house in the same sentence, and, Baby, youve just added another barrel to the shotgun.

And yet the house has potential was precisely what the contractor said as he walked through the 15-year-old bank-owned house that my friend and I had dragged him out to look over. The house had been on the market and vacant for months, and neglected for years.

My friend D.C. is in the market for a house. Im along for the ride because I like this stuff, being sick in that way, and because D.C. thinks that because I write these columns I know what Im doing.

Someone should to talk to him.

Weve looked at a dozen houses.

Some were brand new turnkey properties with the price tag to go with it.

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Marni Jameson: Calculate worth of a house with heart math