I understand, and properties in this area have gone above the bottom range, but lately it seems that isn’t happening. I only say that from watching this community, and even at that not as closely as would an appraiser.
I also understand that this might not be a flipper, but someone who legitimately had to get out from under the house. I see a house on Playa Riviera in Cardiff, bought for flip, and the owner seems to all but have given up on his renovations. With the house I am talking about using the term “as is” in the listing, I can’t help but wonder if there isn’t some unfinished improvement. Hopefully I can get down there this week.