All Forum Posts by: Aaron Wells

My mother passed away in December and my brothers and I inherited her duplex. When she passed her unit had no kitchen as there was a leak and the kitchen had to be ripped out. We were going to sell it as is but decided to fix it up to get the most value out of it. It is in an extremely hot market and 3 blocks from Downtown Winter Garden Florida. There is a 2 bedroom home 2 blocks away that was 1200 sqft that just sold for $313,500. We are being told by a realtor that our duplex is worth about the same as the 2 bedroom home. Both units of the duplex are 2 bedroom 1.5 bath. One unit has a bonus room that could be a 3rd bedroom. Plus our duplex is on a double lot. To us it doesn’t make sense that it would be worth the same amount as a 2 bedroom home. Is this accurate information we are getting? We had an appraisal done this past Friday the issue is there are really no comps. Anyone have any insight on duplex vs single family home value. 

We are looking at possibly selling our Duplex in the downtown Winter Garden area. 1 unit is currently rented out with renters who pay on time every month. The other unit is being lived in by family. We had a leak in the kitchen and had to tear out the kitchen because the cabinets got ruined. Debating on redoing the kitchen or selling it as is so whoever buys it can do the kitchen however they would like. We would like to sell by owner so trying to gauge interest. Would anyone on here be interested?