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🔥 Winston-Salem, NC. Single family home. 3 bed / 1 bath. 1,496 sq ft on a third-acre lot. As-is sold comps averaging $87,500 — priced at $65K. Your subject is 38% larger than both sold comps. 🤝
💰 Asking: $65,000 | Comp Average: ~$87,500 | 🔥 Spread: ~$22,500
| Type | Single Family Residence |
| Bedrooms / Baths | 3 bed / 1 bath |
| Living Area | 1,496 sq ft |
| Year Built | 1958 |
| Lot Size | 0.38 acres |
| Utilities | City Water & Sewer |
| Occupancy at Closing | ✅ VACANT now! |
| Closing Date | May 22, 2026 |
| Closing Attorney | Steve Lowry |
Comparable Sales
| Address | Sq Ft | Sale Price | Price/Sq Ft | Notes |
|---|---|---|---|---|
| 2031 Temple St | 1,467 | $204,900 | $140/sq ft | Pending — fully renovated, pool, not as-is |
| 849 Rankin St | 1,768 | $170,000 | $96/sq ft | Pending — updated brick ranch |
| 2219 Manchester St | 1,064 | $95,000 | $89/sq ft | Sold June 2025 — as-is |
| 1417 E 21st St | 1,080 | $80,000 | $74/sq ft | Sold Jan 2026 — as-is, investor sale |
| Comp Average (sold as-is) | ~1,072 | ~$87,500 | ~$82/sq ft | |
| 🏷️ Our Price | 1,496 | $65,000 | $43/sq ft | |
| 💸 Your Spread | ~$22,500 |
Pending comps excluded from average — included for market context only.
💡 The Play
Both as-is sold comps came in at $80K–$95K — and your subject is 400+ square feet larger than either of them. At $65K, you’re buying in at $43/sq ft in a market where as-is deals are trading at $74–$89/sq ft. The size advantage alone supports a stronger resale position, and the pending comps show retail buyers are active in this market above $170K for updated product. Plenty of room to work with.
⚠️ DISCLAIMER — Please Read Before Submitting an Offer
📋 Assignment of Contract
This is an assignment of contract. A legally binding purchase agreement with a memorandum has been executed with the Seller, granting this company exclusive rights to purchase the property. We are not brokers or realtors and do not represent the owner.
🚫 Do not contact the Seller directly. Any attempt to contact, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed without our explicit written consent and execution of a joint venture agreement.
🔍 Due Diligence
Buyers are responsible for their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.
💰 Offer & Deposit Terms
- $5,000 non-refundable deposit due within 24 hours of signing
- Closing no longer than 30 calendar days
- Buyer pays all closing costs — not included in asking price
- Taxes prorated and split between parties
- Closing through our closing attorney
🏚️ As-Is Terms
Property is offered as-is, where-is, no warranties. By submitting an offer you accept these terms.
- ❌ No repairs or improvements prior to closing
- ❌ No clean-out or clean-up of any kind
- ❌ Property will not be broom clean at closing
🤝 Realtors & Wholesalers
The wholesale price does not include your commission or fee. You may either negotiate your fee directly with your client or adjust the wholesale price upward to account for it. If you’d like to be compensated by us, include those terms in your offer or reach out before submitting.