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Buying & Selling Real Estate
HomeForumsBuying & Selling Real EstateHow do I calculate an offer on a tear down
Allison Meggison's profile image
Allison Meggison's profile image
Allison Meggison
  • Realtor
  • from Bangor, Maine
  • Member since Sep 30, 2018
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Allison Meggison's profile image
Allison Meggison's profile image
Allison Meggison
  • Realtor
  • from Bangor, Maine
  • Member since Sep 30, 2018
Connect
Allison Meggison
  • Realtor
  • Bangor, ME
33
Votes |
203
Posts
Buying & Selling Real Estate

How do I calculate an offer on a tear down

Allison Meggison
  • Realtor
  • Bangor, ME
Posted Feb 14 2020, 13:06

I found a house that's been abandoned for a while and needs to be torn down but my question is this, how do I calculate an offer ? Is it the land value ? I'm guessing I deduct the cost of demo and possibly price to rebuild to get ARV?

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