This is a VERY EASY flip project. The house was built in 2004 and is in a great subdivision with lots of comps.
As a first step, check out the comp next-door. It is the EXACT same house except it does not appear to have a finished basement like this one does. It sold for $168,000 and it was by no means perfect in perfect shape. Here is the link https://www.zillow.com/homedetails/157-Meadowlark-Jonesborough-TN-37659/67380794_zpid/
This house needs approximately $6,300 – $10,600 in repairs to make it market ready.
- New Heat Pump: $3,000 – $4,000
- Back Deck – Replace Deck Boards and Install new pickets: $500 – $1,000
- Front Deck – Replace a few bad boards, paint fencing, paint decking: $500 – $1,000
- Clean Carpets – $500
- Patch Sheetrock in basement 1/2 bath – $100-$200
- Replace 3 shingle tabs on roof – $100
- Paint interior (could get away with just minor touch ups) – $500 – $2,000
- Install toilet and vanity in basement half bath (optional) – $600 – $800
- Landscaping – $500 – $1,000