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Updated over 4 years ago on . Most recent reply

Justin Hroch's profile image
Justin Hroch's profile image
Justin Hroch
  • Real Estate Agent
  • from Austin, TX
  • Member since Oct 28, 2018
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User Stats

8
Posts
5
Votes
Justin Hroch's profile image
Justin Hroch's profile image
Justin Hroch
  • Real Estate Agent
  • from Austin, TX
  • Member since Oct 28, 2018
Connect
Justin Hroch
  • Real Estate Agent
  • Austin, TX
5
Votes |
8
Posts
Real Estate Deal Analysis & Advice

Forcing Appreciation by Adding Square footage

Justin Hroch
  • Real Estate Agent
  • Austin, TX
Posted

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. 

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