My seconded attempt at a flip

[Ken Fricke]

I purchased a sfr 3810 sq feet, for 135K, my Realtor said the ARV would be 250K I renovated the upstairs the roof and the outside of the house cost was 25k, put the house on the market for 230k no offer very little traffic! The traffic I did have commented the basement needed work, so I just put 15k into the basement, I feel I should increase the cost by 15k the hard cost to finish the basement but I am worried about raising the cost on the MLS. Can anyone give me some advise on this matter I am very new at this but would really like to make it work!

Thank You

Ken Fricke

[Jacob A.]

It's all a question of comps. What do similar homes with finished basements go for in your area. Have your realtor run the comps for you and price it accordingly.