Denver Realtor Reviews Investor Home Ideas Bear Valley Neighborhood 3074 S Ingalls
Roof looks old. Landscaping needed. Hardwood floors. Exterior very rough. Original windows. Very good layout. Wood burning fireplace. Kitchen needs total redo. 2 bathrooms on the main floor. Master suite. 2 car garage. Big, overly deap garage. Nice front door. Big bedrooms. Big closets. Very close to Bear Creek Park. All new appliances needed. Big yard. Storage shed built off the back of the house. Utility sink in the laundry area. Looks like water has been in the basement. Basement bathroom already exists with plumbing.
After Repair Value - ARV of Investor Home Idea in Bear Valley Neighborhood
The average price per total square foot of these similar homes that sold is $146 per square foot. The average sold price is $383,833. I think a hard money lender would have no reservations using an ARV of $383,833. If this home was priced at $146 per square foot it would be $461,526. Because of this homes superior size, if the whole home was renovated, I am fairly confident in an actual ARV of $425,000.
Below you will find a net sheet if you used my flat fee Denver real estate model to sell this investor home idea in the Bear Valley neighborhood for $425,000 or $400,000.