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Updated about 10 years ago on . Most recent reply

User Stats

235
Posts
46
Votes
Brandon Proctor
  • Wichita, KS
46
Votes |
235
Posts

Potential Deal?

Brandon Proctor
  • Wichita, KS
Posted

Details on Property:

-2bed 1bath main floor

-2bed 1 bath with living area in basement (partially finished)

-1556 sqft SFH on 10 acres.

-Estimated repair 35,505

-Comps 200-300k (says seller)

-Seller asking 150k

I'm leaving out the ARV because I'm not sure, its been difficult to find a house in the area similar to this one. I'm sure the number of acres affects the price of the home but I'm not sure by how much. Seller mentioned that it was 10k per acre, that sounds pretty high. I know ARV is very important but I just want to know what you all think about this property.

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