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Real Estate Deal Analysis & Advice

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Alton Phouvong
  • Real Estate Agent
  • Massachusetts
2
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13
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How to analyze a speculative build deal?

Alton Phouvong
  • Real Estate Agent
  • Massachusetts
Posted Jul 11 2013, 09:46

Hi everybody! I'm currently looking at a deal that is most likely a tear down. Asking price is $175k. The land is assessed by the city at $185k. The house is valued at $75k. The subject property has an ARV of $350k. Very fast comps. And the median price is $350k. Is there anybody here that can help me out figuring out if this is a deal worth pursuing? Thank you ladies and gentlemen in advance!

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