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Looking for experienced analysis. Why such a price difference?
Hi Everyone,
I'm just getting into real estate and I'm still researching whether I want to flip or buy and hold. While browsing my local market on zillow I noticed the 2 properties linked below that are seemingly identical but sold for a $150,000 difference. Same zip, same beds/bath, roughly same square footage, sold on almost the same day.
Could it be the lot size? Maybe the cheaper one was a complete disaster inside? Would that mean the cheaper one is potentially a good deal?
I'm very curious as to why they sold for such a difference in price and would appreciate any expert advice. Just trying to wrap my head around what goes into pricing these homes.
Thanks!