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Foreclosure in 95124 : Real Estate Advice

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  • Local Info3
  • Home Buying27
  • Home Selling5
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Activity 1
Sun May 29, 2011
Sam Shueh answered:
Lets do the math, and you can change your assumptions:
1. Assuming you are an architec and a contractor trying to take it to City Planning & Permits
$200(low side) * 400 sf=$80K
2. Remodelling on the rest of the home $50K
You already spent $130+$460K(purchase)
Are are any homes selling for ~$600K in that neighborhood which you already notice homes have been not been fixed up? So you want to sell at $700K?
Does it make sense?
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