They say they invested $40 and are now asking for a significant premium over their investment.

So 22757 Charlemont Pl sold at a premium over the median price per sq ft.However, Redfin notes that "hot homes" in Woodland Hills can sell for around 4% above list price and go pending in around 15 days. 22757 Charlemont Pl sold for about 2% below its $1.9 million list price after being on the market for a bit longer at 30 days.Zillow data shows the typical home value in Woodland Hills in April 2024 was $1,257,932, up 9.6% year-over-year.

For example two properties could be in the same zip code, but one street is horrible and the other sells for a premium.

If they do agree to that then I would imagine they would charge a premium. 

There is demand but I'm not sure you get the premium for the fourth bedroom.  

I target traveling professionals who are willing to pay a premium for a turnkey rental.What made you interested in investing in this type of deal?

Inflated Prices:Flipped homes are often sold at a premium due to the perceived value of the recent renovations, which might not be worth the asking price if the work is subpar.8.

Beachfront in a premium market like Destin is another spot I'd be looking.

If you want them to work on a holiday, you are probably getting premium rents on those days and you should pay them extra.

How should I expect the premium to change?