All Forum Posts by: Gary Goldstein
Gary Goldstein has started 2 posts and replied 4 times.
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Post: Fix/Flip houses above $1M range. ~$400,000. to renovate

Gary GoldsteinPosted
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Seller wants $900,000., but $400,000. to renovate cuts buyer profit to $200,000. for a heck of a lot of work, using Zillow's estimate of $1.5. Two houses in same neighborhood have sold for over one million with less sqft and less acreage and 4 houses within 5 mile radius have recently sold for $2M or more. All in the Weddington/Matthews area. What chance do you Pros think there is of selling closer to Realtor's estimate? Maybe 1.6 M? Thanks for any help.