What is approx. sale estimate for 1619 Buxton Rd?

Asked by R K, Stamford, CT Fri May 11, 2012

How are you? Got directed via memphisinvest to 1619 Buxton Rd property they're rehabbing. They're asking $59,900 & Trulia est. amount is $42,000, which may be an overassessment. Please let me know what a good value on a property like this in that area is. Thank you

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Michael Bellaire’s answer
Michael Bell…, Agent, Memphis, TN
Fri May 11, 2012
Thinking about buying some Memphis area properties? If you like, contact me and I'll discuss that with you.

Michael Bellaire, Broker, ABR
A Crye-Leike Realtor
(901)757-5742 Direct
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James and Ke…, Agent, Bartlett, TN
Fri May 11, 2012
I got several investment properties in that area, Value is placed upon your investment strategy (buy & hold or fix & flip) but I have my properties insured at $52 a sqt ft. They are cash flow properties for me.
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