I also dig your website, though I wish your business worked with newer homes :)Following up on the premium question above: Comparing renovated houses in the same neighborhood, what is the premium paid for the convenience of a turnkey property.

Can be used by buyer as a RV or as a rental investment on the lot.These are the expenses:lot fees $315 a monthinsurance ~$80 a monthproperty tax ~$45 twice a yearutlities ~$125The comps in the area have a rent of 600-700 dollars.Excellent neighborhood.

However houses in my neighborhood (comparable to mine) are selling upwards of $300,000. 

You will likely need an architect to create some plans and elevations and/or renderings to show your proposed building will fit in with the neighborhood.

This is a 3BR 1.5 bungalow in a B class neighborhood.

In my opinion, I wouldn't limit yourself to type of house or even neighborhoods.

Aside from family issues, this is a lousy cash flow investment, and nothing but a prayer to be bailed out by appreciation.He could go out to the closest underwater neighborhood and sign up deals this bad ALL DAY LONG.

We are selling at the top of the market for the neighborhood.

In fact, many of the area home builders actively market to owners in those neighborhoods.

I purchased a house in early June in a class B working neighborhood for $30,001.