Realtor · Dallas, TX · Member since 2017 · 612 posts · 15 votes
I have an interior corner lot in a focused area of improvement by the city of Ft Worth. Lot dimensions are 56x133x133x54. Total Sq footage of the lot is 6,750 per the tax records. There are a few companies in the area that are already building new homes in the 1300-1600 Sq Ft range and listing them for $169,000 to $189,000.
Broker Price Opinion*: $169,000 to $189,000
All in Price: $24,000
Est. Rehab: To be determined by the builder
*This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal used by a lender to approve a mortgage loan.