Garage

3 Replies

How important is a garage to a flip sale? Does the lack of the garage greatly affect the ARV? I am flipping in Wilmington North Carolina. This is my first Flip and the older home from 1968 has no garage. I am wondering whether garage will be critical to resale.

Hey Jennifer, The garage is always an important part of the house from a resell standpoint. However, if most of the houses do not have garages in that area and are  selling well...I would not let it scare you. Wilmington is a unique area and desirable place to live for first time home buyers from the University.  Make sure you do a market analysis for that home. 

Originally posted by @Bart Neyman :

Hey Jennifer, The garage is always an important part of the house from a resell standpoint. However, if most of the houses do not have garages in that area and are  selling well...I would not let it scare you. Wilmington is a unique area and desirable place to live for first time home buyers from the University.  Make sure you do a market analysis for that home.