Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago,

User Stats

29
Posts
2
Votes
Alexander Romanov
  • Investor
  • Bothell, WA
2
Votes |
29
Posts

Help pricing 2 properties in Seattle

Alexander Romanov
  • Investor
  • Bothell, WA
Posted

I am a beginner wholesaler and I have 2 properties under contract. I have been marketing the deals through the MLS without much interest, which leads me to believe that I am asking too much. How would you price these 2 properties?

1) Property #1

1612 25th St, Everett, WA 98201

https://www.redfin.com/WA/Everett/1612-25th-St-982...

House is 3bd, 1.75bth, 1600 sqft; has 2 stories, 3 bedrooms upstairs, walk in basement from ground floor.

My ARV analysis puts the house from $260-280

Have the house listed at $160K, is that too high?

2) Property #2

8329 44th Ave S, Seattle, WA

https://www.redfin.com/WA/Seattle/8329-44th-Ave-S-...

House is a custom built rambler, 3bd, 2bth, 2700 sqft; has a 21K sqft lot and I figure it can support a multiunit, which I've seen in the area or can be short-platted into 2 lots.

The house is listed for $480

Thank you for the feedback and the recommendations.

Loading replies...