Sugar Land Town Home market

[Steph Thomas]

A seller has contacted me about his 3 br 2.5 ba town home in Sugar Land. This would be my first such deal and I'm open to hearing of anyone's personal experience in that market.

I've done my due diligence and it looks as if it's ARV is about $225K with what appears to be only cosmetic updates needed, such as granite counters in kitchen, sod in the backyard, new faucet fixtures all around. I would be wholeselling the deal for $170K.

Any thoughts, advice, etc? Thanks!