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Updated over 6 years ago,

User Stats

77
Posts
57
Votes
Aaron Farr
  • Real Estate Agent
  • Spokane, WA
57
Votes |
77
Posts

Latest flip is definitely NOT a lipstick flip!

Aaron Farr
  • Real Estate Agent
  • Spokane, WA
Posted

To say the least our latest flip is not a light one!  The location on the river in a desirable area is what allows us to do this large of a project.  Put this house 1 block away off the river and it wouldn't make sense.  Basically, we are printing money by adding square footage.  We did another house a few blocks away on the river and it sold for 515K at 1500 sq. ft.  This house will be about 2300 sq. ft one level.

Purchase Price $300K

Construction Budget $200K

Sale Price Goal $699K

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