All Forum Posts by: Levi Carter

thanks @Zach Sikes it's a custom built in NW okc. Obviously I'd need to come in low to be in the money on it, so I'm hoping to find someone with some experience with builders, that can give me a range on how much they might have paid. So I can make an offer accordingly.

Advice needed especially from OKC people or comparable markets.

Considering making an offer on a 3200 sf shell: Windows, exterior doors, interior framing, roof all complete. Buyer is asking 155k.

What I need to know is what the homeowner was likely to have paid to get this far with a builder? Looking at a lot of shell builders sites, I doubt that they're more than 120 deep at this point and it's been sitting on the market for some time.

Any insights welcome!

Thanks @Tyler Flagg and @James Wise! Look forward to connecting.

Thank for the input @LEE PEREZ! It's a weird one because everything in the subdivision that's sold in the last 1.5 years is between 1500-1700.

When I expand out a mile, those comps are high  ($105) because this neighborhood is surrounded by new construction. 

However, a lot of similar older neighborhoods in Yukon go between $85-$90 fully updated , so I feel like $80 is safe even at my SF.

Youth Pastor by day, real estate investor by night! Just relocated from Atlanta where I just completed my first flip! Looking to learn, network with wholesalers, and find a GREAT contractor.

Jon, thanks for your reply! It's a nice older neighborhood in Yukon. I've got a lot of comps within a couple miles (not new construction), that go for $90 SF fully updated. Any other thoughts on that specific area?

Thanks again!

Team, new to OKC investor here. Love to network with anyone in the area!

The two recent comps I have in my neighborhood both went for $80/SF - for a sale price of around 150k.

Most of the neighborhood's homes are between 1500-1700, whereas the property I'm analyzing is 2200. 80/ft x 2200 = 176k. So even using the 80 SF (which is conservative because those homes were not updated), does this price me out of the neighborhood?