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Updated over 4 years ago,
Forcing Appreciation by Adding Square footage
Investment Info:
Single-family residence fix & flip investment in Austin.
Purchase price: $272,000
Cash invested: $185,000
Sale price: $620,000
This was a project where we took a smaller home and added around 1,100 sqft. Austin, TX is a very hot market and it has made it very hard to find deals with significant margin by simply doing an interior remodel.