is 480k a good buy for this home?

Asked by NW, Ventura County, CA Tue Dec 18, 2012

This question was asked from http://www.trulia.com/property/3103573134-1169-Warwick-Ave-T…

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Barry Shapiro’s answer
Barry Shapiro, Agent, Camarillo, CA
Tue Dec 18, 2012
The 'flippers' recently paid $320K, and now they have multiple offers. I am concerned whether it will appraise at this price? Hmmmm. "I Have Multiple Offers, Seller Will Select One 12-19-12. Go Direct Remember To Lock Up And Turn Off All Lights When You Leave. Standard Sale 90 Day Flip Rule May Apply" per the listing agent... Good luck!
1 vote
thank you
Flag Tue Dec 18, 2012
Jackie O. Do…, Agent, Westlake Village, CA
Tue Dec 18, 2012
This is good price for this remodeled home. It is located in a great neighborhood, close to great schools and shopping.

While it is not a screaming deal by any means, I believe that due to low inventory, the condition of the home and location, that $480k would be a good market value.

Let me know if I can help further!
1 vote
thank you!
Flag Wed Dec 19, 2012
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