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There were shoddy home built in the past as well. New materials and methods if properly installed should yield a better product. My house is a 1951 ranch and the craftsmanship is apparent when I tear things open to remodel. I try to do everything up to that standard. I don't see a profit motivated flipper doing that.
I don't know about other areas, but around here the home is worth much less than the location. I don't think a flipper is economically feasible unless you get a great lot, double the square footage of the house, upgrade the curb appeal and occupy it as a primary residence for at least 2 years.
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Jerry
78 SC hotrod
02 Mini Cooper S
Last edited by Hetmann; 05-16-2006 at 06:18 PM..
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