Another house- remodel or tear it down?

That's really not attractive from the outside but the space is good. Plus it's only one level so the renovation would be so extensive I'm not sure.

The outside is a bit unattractive but that doesn’t bother me. The kitchen and bathrooms need a remodel. The actual space seems nice.

Needs a new kitchen, entry, wallpaper off, paint, probably bathrooms, carpet, and right now the exterior looks like an office, so that has to be redone. Maybe if they took $500k off the price....

It’s dated inside and out but I wouldn’t call that a tear down. As someone who was recently forced into a near complete tear down situation with our lake place, I would absolutely not recommend doing that unless the structure had something really wrong with it. Paint, wallpaper, flooring and cabinetry can be updated or changed out and even walls can be moved if the interior layout needs some adjusting. Rebuilding from the ground up is crazy expensive.

Okay why can't I see any pictures??

I think if you poured money into it you could make it a fabulous mid century modern

I like it because I like mid-century modern and it has that in spades. 
New kitchen and bathrooms and it would be a beautiful and unique home. 
All that said, I'd expect them to take that price down a good bit to compensate for the re model.

For that price and a generally open floor plan, I would remodel. Paint the outside brick, tear down the wall near the kitchen table and rehab the entire kitchen. I would also rehab each bathroom and modernize. I think I'd also look at making the ceiling height consistent across every room. It looks a little funky in some places. That has to be cheaper than rebuilding entirely.