You'll need to provide more information.What are the comps, how much work needs to be done, how are properties selling in the area, what is the neighborhood like?

Our house is listed at the lowest $/sq ft in the neighborhood and homes have sold all around us in the past couple years.

It makes me wonder how much more you would get with a virtually new duplex if it's in the same neighborhood where others, although not as nice are available.Maybe my thought process doesn't make sense because I'm too new at this.

However, am still in the process of doing my research and learning more on the neighborhoods.

Should we try marketing ourselves to houses in the neighborhoods we want to live in?

. - we get about 12-13% here but we do buy fully rehabbed in good neighborhoods and pay market rate.

We do not have big cash reserves but are stable (damn kids).Problem: I know right now we could sell our house for 230,000-240,000 based on the comps in the area and the high demand for the neighborhood.

Hi Jason, if you use Zillow for a specific address, at the bottom of the page there is a section that shows "recently" sold properties in the neighborhood.

Neighborhoods went vacant.

If the deal is not even worth considering, hang it up, but if it has a chance, go from here.You then perform your due dillegence, research the house, the ARV, taxes, neighborhood.