Major Fixer, How much does it cost (reasonable estimate) to make it flip sale?

Assume you get it as List price ! Yes, this home is like that. I see this is in run down condition, location is not so great.

Provide your reasonable estimate to make it a profitable flip sale.

In my opinion, this has to sell lower than list in order for it to be a worthwhile project. But, I suppose with slim pickings out there, profit margins are squeezed so someone will buy it to simply keep his/her workers busy as opposed to not…

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Even though they listed at 650k, the condition of the home is poor and it is not attractive flip!

Nevertheless, it will be interesting what the market reaction is on this. Stay tuned, I guess…

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Most houses in Shoreview have soil settlement issues. .I bet this one does too…

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