I set out to find the best buys in Boise, Idaho this morning. When you try to find the best buys, do you look for the most square footage for the dollar, or what? We tried to look at all homes that were listed for less than $50.00 per square foot.
Then, we looked at those homes to see if they were really a good value. We eliminated on because the listing agent or their assistant had added one too many zeros to the square footage so it showed a "false" good deal.
Then, we looked at the probablity for a quick close as an investor wants to see his/her money turn.
We looked for homes with at least 3 bedrooms, 2 baths, 1,200 square feet and a 2-car garage.
We found twenty and reduced that number by the ones that were short sales since we don't know when those would close or if they would close for the listed price.
We came up with eleven homes that are either bank-owned, new construction or in-between resale homes that have exceptional per square foot value.
If you would like a copy of that list for the City of Boise, simply send me an e-mail to Tim@kw.com and ask for Best Buys in Boise, Idaho for the week of January 15, 2011.
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