
Originally Posted by
brutal
Parker North (Uninc DougCo), $82,000 (+33%) of taxable value on a shitbox that hasn't been significantly updated.
That's the problem with "comps." Everything that's sold around here has been updated prior to sale - new kitchens, baths, etc. and we haven't done much of anything.
In a way, it's making me think I need to do a cash out refi and make the improvements, dismal job outlook or not. I should have done it 6-9 months ago when rates were a little lower. My timing always sucks.
I'd like to think I could do a lot of the work myself, and have done so in the past, but I'm not sure I'll really have the time. Now, from what I've seen GC's are 6-9 months out on most work. Gah!