All Forum Posts by: Eric Heider

@Ed Maione 

keep in mind the price per sq ft is usually on a per inch basis. When removing and replacing asphalt in a driveway there should be a cost per sq ft for removal and a cost per sq ft for installation. The price/sq ft will vary during different times of the year. 

 For a quality job make sure you are aware of how much base gravel they will install (usually 3-4 inches), what they will put in for a "binder" or "first course" (1 1/2 inches - 2 inches) and a "top" coat or second course (1 inch). That should leave you with a quality and lasting finish product

Just be sure when getting your estimate you and your contractor you are aware of exactly what work he plans to perform. 

-I hope this helps!

@Glenn Istre thank you for responding. I think you are right in saying the best approach is to pay a licensed appraiser. I think I will go that route.

Do you have any tips or suggestions to finding a ‘good’ licensed appraiser?

I am a newbie to real estate and bigger pockets. I have been quietly reading forums and post for about a month. Long story short I have a background in construction and spec building in Massachusetts.

I have found myself in an interesting situation with a piece of property (1 of 5) that could be involved in a larger real estate project (about 12 SFH and 4 unit commercial building). This current lot is larger than the others it is surrounded by as is the house. It is a 5 bedroom 5 bath single family home that has been split into 3 units. The unofficial asking price is 650-750 on about an acre of land with a 2 car detached garage.

This house (along with the 4 others) would be an eventual tear down to complete the project. My problem is the asking price is high and I cannot find comps for an appraised value to give an official offer.

Any input or suggestions would be great thank you in advanced

-Eric