Quote:
Originally Posted by EscortBiz
thats nuts seriously congrats, I dont know much about your area but given its a good area and the schools are good like you said this is amazing, and even if housing continues to drop how much can you lose when you only paid 88k
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Thanks mate.
My best guess, based on the market before in this neighborhood, the surrounding houses, side of town...
in a good market you can get $135-150k for this same house. My plan was to put about $10-15k into it. But with the carpet now taken care of, maybe about $10k back in updating fixtures, paint, appliances, furnace, central air, etc. Guess it could be $15 with roof, and vinyl siding new as well.
So once the market turns in a 3-5 years. Should be a nice little return.
