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Updated over 12 years ago on . Most recent reply

Account Closed
  • Residential Real Estate Agent
  • Ocala, FL
65
Votes |
255
Posts

Biggest house on the block, by a lot.

Account Closed
  • Residential Real Estate Agent
  • Ocala, FL
Posted

So i'm in uncharted waters, maybe one of you can help... I rarely pick an asset outside the norm for the area.

Area is roughly 1200 sqft homes at a 35/sqft price point. Average home 3/1.5. I'd call it a lower income area, but not a war zone.

This monster is a 7/4 with 3500 sqft. Value? I'm in it at 10/sqft with a repair cost of maybe 5/sqft.

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