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Updated over 4 years ago,
How to figure out value on a odd house?
Hello All!
I need help figuring out an offer price for an odd property.
Let me start off by saying I plan on wholesaling the following property, which is in Chico Ca. It is a 2/1 single family home 836 sq ft on a 1.2 acre lot built in 1922 w/ a detached garage. To add the property has a large screen room in the front and back which is not included in the 836 sq st of livable space.
Surrounding properties with similar lot sizes sold for 800+ (2014 being the most recent sold date) but those were all 4/2 houses.
I know the property has great potential especially because of the size of the lot.
Any advise would be greatly appreciated!