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David de Luna
  • Rental Property Investor
  • NorCal
222
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399
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Highest Sell Price for SFR: Vacant or Occupied?

David de Luna
  • Rental Property Investor
  • NorCal
Posted Sep 7 2020, 15:31

I have a 2 bed/1 bath 1000 SF SFR just rehabbed with modest/medium finishes. Was going to rent it and I can get $650, but I may want to sell. The 1% Rule says I "should" get approximately $60k or thereabouts from an investor. I think it might be a stretch to appraise at $60k but I could be wrong. I have been advised that homebuyers will pay the highest but want it vacant. It's on E 69th, just off HWY 71 near Agnes St. Google Maps calls the neighborhood Self-Help Neighborhood Council. It's between E Meyer and E Gregory in KCMO

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