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Updated over 5 years ago on . Most recent reply

User Stats

51
Posts
11
Votes
Charles A Munk
  • Flipper/Rehabber
  • Deltona, FL
11
Votes |
51
Posts

How to you value non-permitted additions life remodeled garages?

Charles A Munk
  • Flipper/Rehabber
  • Deltona, FL
Posted

Hey Biggerpockets, I just evaluated a 3/2 SFH (1,350 sq ft) with ARV of 230k. The garage was converted into a family room. It was an not permitted but it was done well. Should I count this in the sq. footage when analyzing the deal? The garage would add 350 sq ft to the home and would raise ARV to 270k? Thoughts?

  • Charles A Munk
  • [email protected]
  • 4074177709
  • Loading replies...