Half Flipped/Built Property

[Jamal Atwell]

I found a property that has been half built. Meaning it's just the shell and the wood posts throughout the house. It's a 3000 sq/ft home with 4 beds and 4.5 baths.

How much would you guestimate it would cost to finish up building the house? It's an almost riverfront property where homes on the street are valued at $240,000-$1.2million.

[Derek T.]

I would need much more information to understand what is done and what's not (i.e. Does it have insulation, plumbing, wiring, HVAC, etc done) but I would guess anywhere from $30-40 a sq ft so I would estimate $90k to $120. Also those ARV numbers are very far apart so make sure you compare apples to apples to get a good ARV number.